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Equity Story Ten Bagger - Buddy Platform (BUD), page-2

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1ronnie

22,053 Posts.

2040

28/02/18

11:32

Post #: 31409452
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Originally posted by supergwailoh ↑

"Recently Buddy Platform (BUD) has traded as high as 41.5c on the rollout of the Buddy Ohm platform. However recently as a result of the normal cycle of how stocks move, it has retreated to a lower base. Unfortunately the sentiment in BUD was strongly dented by the GetSwift (GSW) fiasco.
Equity Story believes this has presented an excellent time to enter the Buddy Platform story if you are not already invested in the company. Buddy has signed deals with Ingram Micro, Telstra, etc... throughout the world and today announced a deal with Nestle after successful trials to incorporate the Buddy Ohm platform into their network of factories globally (Nestle has 447 factories and operates in 194 countries employing approximately 390,000 staff).
The revenue potential of Buddy over the next two years is extraordinary. Of course until companies are actually making money, there is a lot more risk, however the risk to reward potential of Buddy is very exciting. Buddy presently has a market cap of $176M with around $35M in cash, and is primed to potentially be one of the most exciting stories of the future.
Equity Story reiterate a Buy on Buddy Platform (BUD) as a Ten Bagger story and advise to Buy Under $0.20.
We are still trending BUD and have it as one of our Ten Bagger stories. Realising the potential, we do not want to be selling the stock! We believe the market will obviously find it hard to understand the revenue potential of Buddy. We believe that now is the ideal opportunity."

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YOUR GUIDANCE ON BUDDY PLATFORM (BUD) ENTRY PRICE?
Equity Story response on 26/2/18
This is a very high risk tech stock and we feel caught in two minds on this one; on the one hand if management are to be believed on their assumptions, the revenues will be flowing in strongly in the second half of 2018, on the other hand we are sceptical and we will only believe if we see the revenues and at that we don’t think their assumptions will be reality. So for that fact we are neutral on the story and can’t make an investment case at current prices unless you have a large appetite for risk

Two days ago that was the response , which is way different to that provided today. Mmm....go figure!
One Nestle story in Jamaica changed all that? I mentioned before about companies announcing every customer contract 'win' to get shareholders support (especially without disclosed materiality) .

BUD Price at posting: 19.3¢ Sentiment: None Disclosure: Not Held
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