BUD 0.00% 0.6¢ buddy technologies ltd

Thanks GB, Yes I'm feeling good, and topped up my already...

  1. 1,213 Posts.
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    Thanks GB, Yes I'm feeling good, and topped up my already significant holdings, due to the strength of todays ann, but also in part influenced by good discussion yesterday on P/S ratio, by yourself and others, so I'm more than pleased to read your latest assessment this morning:

    "puts BUD on a p/s ratio of 9 for cy18 (and that assumed zero sales from non Digicel Carribean, Ingram Micro/Sasktel distributors - eg Skybridge)

    Standard market multiple would be 30-50x (and Id argue higher for this growth rate)"

    Add future sales potential of BUD's 3 arms, wow.

    (thinks to myself, 4 x 9 = 36, 5 x 9 = 45 - it's a very pleasant prospect!!)
 
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