I agree Finno and have said it all along that BUBs is a great investment. It may never replicate A2M like some think, but if a few key movements play out (Beingmate JV & SAMR), then this stock will be considered extremely cheap @ 70cents.
1. Sales are increasing
2. Cash burn is decreasing with plenty of cash reserves in the bank
3. Increasing sales in Australia
4. Entering new markets - like you mentioned, decreasing reliance on China
5. Imagine the revenue once Daigou is restored and add this to the growing revenue from Australia/Malaysia/Singapore...
6. HUGE opportunity to be the sole Australian owned manufacturer in China (fingers crossed it plays out, this would impact A2M imh).
Way more positives than negatives for me at the moment.
Do you think BUBS is a buy long term??, page-2
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $133.8M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $363.2K | 2.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1745648 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1648178 | 29 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
14.8¢ |
Change
0.005 ( 3.44 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 15.0¢ | 14.3¢ | 2209749 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| BUB (ASX) Chart |