BUD 0.00% 0.6¢ buddy technologies ltd

Questions for the Webinar, page-377

  1. 5,299 Posts.
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    IF and a big IF they hit their predictions and become cash flow neutral with more than $90m rev, our market cap should be a lot more than it is now.

    The 20c is factoring that they get close, but the main issue IMHO with BUD is the market sentiment is against them due to habitual missing of lofty targets. Some hits over 2 quarters and they will have a re-birth, attract new investors and be back to a neutral sentiment.

    If they hit $90m and make a profit, we SHOULD be a lot higher than 20c, but history shows us that is pie in the sky stuff where BUD is concerned. Unless they make some ripping announcements we are in the doldrums until the 31/07/19, with probably a bit of speculative buying in the new FY lifting us up a little.

    But this is my opinion only and I thought MSM was a good idea!! So DYOR, go listen to the last few webinars and compare what was said with the results in the quarterlies and you will understand why we are where we are.
 
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