BIQ 0.00% 1.6¢ buildingiq, inc

Insights from webinar * Revenue growth achieved on new strategy...

  1. 2,103 Posts.
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    Insights from webinar
    * Revenue growth achieved on new strategy to go after greenfield building projects especially in Australia and Singapore where BIQ has achieved significant traction with growth coming from Australia
    * In terms of competition, we were told that solutions offering "analytics and visualisation" is a "crowded space" but not "control and optimisation" [holders should know that BIQ offers BOTH but BUD only offers analytics and visualisation at least at present point]
    * Expectation of profitability or in the black by 3Q 2018 while cashflow positive might take longer 1Q 2019 or slightly later- the reason for this is due to a larger portion of sales to greenfield projects which typically pay much later
    * Sizeable portfolio of about 280 customers globally with good prospects to add more buildings as they expand.

    BIQ is well on track with the good result and per my original post, IMO this microcap is still very much
    undervalued and I continue to stick with my valuation range of 15- 16.5c
    https://hotcopper.com.au/threads/un...s-mcap.3931862/?post_id=29874194#.Wo9g0U8UnIV
 
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Currently unlisted public company.

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