BUD 0.00% 0.6¢ buddy technologies ltd

re: 21c price target you can't 'predict' and 'time' the market...

  1. 2,646 Posts.
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    re: 21c price target
    you can't 'predict' and 'time' the market with these kind of reports. that would be foolish
    it could happen next week, it could happen in 2020, or it could not happen...
    they are just sharing their research and valuation estimates

    market is random and unpredictable


    also regarding this statement:
    I hope Buddy to become the industry standards for energy monitoring

    As previously stated by the company and in investor presentations, the industry is simply too big for there to be any one dominant player/solution. There will be hundreds/thousands of players in the IoT space, all taking a slice of the multi $Trillion pie up for grabs.

    This is not going to be a winner-takes-all type industry. Think of it like the internet - there isn't one "internet company" standard. There isn't one "mobile company" standard. There isn't one "car company" standard.

    IoT is the fourth industrial revolution. It will be all encompassing and all reaching and simply massive in all respects. So Buddy can try and carve out its own little niche and make some (lots) of money. But there will be no "industry standard" because of too many providers, too many customers, too many different requirements, etc.

    Some reference articles:
    https://www.forbes.com/sites/bernar...must-get-ready-for-4th-industrial-revolution/
    http://www.mckinsey.com/global-themes/internet-of-things/how-we-help-clients
    https://www.fr.sogeti.com/globalass...t-research-3-the-fourth-industrial-revolution


    Hope that helps



    Just IMO of course, DYOR.
    Last edited by showstring: 23/06/17
 
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