AI in Real Estate, page-26

I have no idea, says the Optimist who gets involved with ‘tainted stocks’ (BIG & BUD).

Actually you may be correct

I had no idea that..

BIQ valuation has just got so compelling now @ market cap of $16.26m, and trading at just 2.27x revenue. Annualised revenue has just grown to $7.16m based on latest quarter revenue of $1.79m.


I had no idea that..

The market was wrongly focussing on a relatively poorer quarterly cash receipts when we have been told that the business has recently tilted to green field sites which contributed to the lower cash flows (while revenues continued to grow 86% q-o-q).

While so, BIQ still has $7m cash in hand (including the $2m R&D grant received) which equates to 3c per share cash backing. Hence BIQ’s Enterprise Value (EV) is just slightly over $9m! $9m for a business producing $7m annual revenues .


I had no idea that..

BIQ is so transparent in its reporting that it is one of the very few tech companies I track that discloses clearly quarterly revenues in 4C when 4C is meant to be only cashflows.

It has also been transparent in disclosing its service footprint- yes, BIQ’s 5i Platform is now servicing 1,114 buildings worldwide!

I had no idea that..

BIQ is always seeking to extend its service footprint – by collaborating with Cypress Envirosystems to enable it to expand its use to legacy older buildings that uses pneumatic thermostats.

Despite what everyone like to think that their company’s products can be utilised across all building types, it is generally not the case.


I had no idea that..

BIQ is never stopping innovating – now it has a Mobile App feature that allows facilities team to access their 5i Platform system while on the go and is said to be the first being offered , differentiating it further from its competitors.

Yes, Indeed I had no idea ..

But I know that if you had sold BUD when (I told you so) it was last time you wrote on this forum (13 April) (upon reinstatement), you would have saved yourself a 29% fall in its share price! And if you had sold, I congratulate you.

Time we move to the DMZ and shake hands as I am tired of talking to you.