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Tuesday, January 8, 2019

Part 3 Bub

Hi readers

There is seriously someone watching over Bub's management at the present time.
On the day that the BuBs AGM was on Niagara Falls takes place in Sydney.
Flooding occurs everywhere and I'm unable to attend.
Flights are delay by up to 4 hours and I miss the AGM vote.
I called a broker to proxy vote for me but due to the short notice everything went haywire.

Sent emails out to people who where going to attend and some had the same issues as myself with the rain/floods.
 So it's official that Kristy has a reprieve for now but time is ticking at I'm starting to become very pissed off with the delayed activity.
Yes I understand that there are issues beyond managements control but there are issues that need to be released so investors can see the light beyond the horizon.
Keeping information for a rain day is Stone Age.
Example.. saying that there growth has risen 40+% in the local market goat formula is crap.
It's the local Chinese people buying it and selling it for double the price back in China to there relations.
In case your not aware only 297,644 babies where born in 2018 in Australia while in China 17,087,662.
So don't be fooled by executives by any formula company talking about strong local demand.
If you hear that it's bull shit of the pure sort.
What I want to know is why isn't Bubs active in India!
If the Chinese wish to play games with granting approval, why isn't Bub on the next growth market.
Middle class Indians are much wealthier than the Chinese.
Also 27,655,714 babies born 2018 in India.
So you can see where the growth is , not bullshit Kristy was talking about local growth.
So let's get some serious perspective on where the growth is and how Bub can capitalise on it.
We the shareholders are intelligent enough not to be fooled by sweet talking executives.
Also management can STOP posting glossary fact sheets with charts and concentrate on the end game.
Numbers don't lie, so stop wasting my money and work on developing new business opportunities.
Because BUBs isnt going to get anymore money from shareholders, with the current performance of management.
The board also is on notice, pick up your game or you will be replaced.
I personally have no faith in the current management and am yet to see any light from them or the board for that matter.
Regardless of the executives shareholdings are they can be replaced.

But I must admit there was a reason why I wasn't allowed to make it to the AGM so time will hopefully expose that reason in due course.

I'm a huge believe of the universe and  things do happen for reasons.

Disclosure
I am a substantial shareholder in bubs shares