BUD 0.00% 4.3¢ buddy technologies ltd

Ann: Acquisition of LIFX and Share Placement, page-86

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  1. 2,103 Posts.
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    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).
 
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