Originally posted by drbgt40
Originally posted by McKhenry
Buying income to get to cashflow positive is a fail to deliver in my book, they promised a date and they need to stick to it with the model they promised under. We all as holders need to hold them to account on that promise and ignore the slight of hand re this acquisition, regardless of how good, as any profitability won't take the sting out of the massive accompanying dilution.
Still may happen with a whale, but I think the only likely whale is Oman and that will be lucky to be generating any money this FY. Any others would need to be on board by the end of this quarter to impact the bottom line.
I believe that many of the posters on this BUD thread are being a little hard on the company. Not sure how many of you have ever run your own company, let alone a company the size of BUD with a worldwide distribution network, but believe me it ain't easy. I know because I have been involved in running a number of my own companies, the last one with staff and branches around the world. I have also been a director of a number of multi-national companies. Every company I have ever owned or worked for have provided estimates of future growth/revenue/profit to the best of their ability, most missed the mark to some degree. If BUD miss their target of reaching BE it is not a sign of failure/mismanagement/bad luck or whatever, it is just a part of doing business in a sometimes difficult world. Whether this Acquisition solves the BE issue, or provides a way to strengthen BUD's offering, or both, remains to be seen, but we could at least acknowledge that both they and LIFX (if it is in fact them) wouldn't be getting together unless it was beneficial to both. I can already hear the experts jumping all over this so I am off for a G&T.
Yeah if you say so...... Anyone can be anyone on the net.....
But of course those desperate to believe will hammer you with thumbs up, as if it will make it true.
Such desperation from holders for anything positive.
Like drowning men looking for a lifebelt.
