BUG 0.00% 16.5¢ buderim group limited

Ann: Change to Earnings Expectations-BUG.AX, page-4

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  1. 786 Posts.
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    Hi Didak,

    I was a bit embarrassed at leaving my sentiment as "buy" when I put that first comment in before the shares had had any sales today, but as it turns out I have been the biggest buyer today at 47 and 44c and I am in there now at 42c. I agree with your figures. In particular their revenue is around 80m compared to a market cap under 20m now. I think this company has similar products to Select Harvest. Yet SHV has revenue around 332m and a market cap of $353m. Wouldn't it be great if our BUGA had a similar ratio. Perhaps we need SHV to make a takeover bid and get rid of this Board.

    GPASAS
 
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