its more the envoironment than the stock itself - but like i say, if your sector starts tanking - esp in IT - then valuation mindset goes from addressable audience to ev/sales to ev/ebitda and finally - when the tide really goes out a long long way - how much cash have you got!
at $70m market cap BUD isnt frothy on an ev/sales basis but it is on ev/ebitda. and that is where the loss of the zentri immediate revenue does bite unfortunately.
and as i watch hero stocks like ACX get rationalised, It feels very much like Mr Market is having a 'let bring it down a notch' moment around IT growth stocks - however real and solid the actual market demand for what they do.
Im keeping a 3rd weighting in bottom drawer for a year and watch the watchlist.
- Forums
- ASX - By Stock
- BUD
- Parse
Parse, page-69
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online