Short Term Trading Week Starting: 18 Dec, page-25

  1. 1,922 Posts.
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    STTCOMP BUD, FA LONG
    SP 30 cents

    Having hit a SP of just over 40 cents a couple of weeks back - SP has drifted back to 30 cents - poised for the next leg up.

    Multiple catalysts:
    Just announced Ingram Micro (IM) distribution deal in the US - IM are one of the absolute giants of global tech hardware distribution - so BUD have now got US, Canada, Caribbean, UK, Oz, NZ actively rolling out their Ohm resource management solution

    Every 10,000 commercial buildings delivers $100 million in recurring annual revenue - so we can fully expect to see some eye-popping quarterlies from here on in

    PLUS

    BUD expected to announce a 'rest of world' distribution deal any day now - this was earmarked as imminent a few weeks back

    PLUS

    BUD expected to announce the detailed terms of the Telstra arrangement for Oz - Telstra to be the lead sales and billing partner for Australia - this may include some sales minimums

    With Christmas about to descend its hard to know what will happen - but everything is in place for a surge
 
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