Would you value a Jo-Blow supermarket [consumer ] that has an annual turnover of $100m but a profit of $0.5m at $120m (at 1.2 times sales)? No. Would you value a high tech stock (in similar mold like Facebook) with an annual turnover of $100m but a loss of $10m at $500m? Yes. See the difference? BUD in its original form was IoT tech, now more like much of its revenues coming from bulbs and lighting (yes, with some intelligence in it).
BUD Price at posting:
9.0¢ Sentiment: Sell Disclosure: Not Held