Hi readers
Happy new year to you all..
It's been a rough start to the year for myself with the passing of my father who was my ultimate role model in life. Not much more needs to be said.
To the Bub shareholders who refused/ left me high and dry this is the effects of the vote at the AGM.
Managing Directors or CEOs aren't the most smartest tools in the shed, if the where they would be entrepreneurs, last time I checked they work for a pay cheque like everyone else.
Bubs issue is the board isn't the smartest going around either by letting Management do what they like, hence why you see a refusal for institutional investors to step up and buy the stock.
As shareholders you need to smarten up and read the tea leaves not the glossy pictures and charts.
Sales are up great, but why did bubs burn $24 million last quarter.
Shareholders need to know when the companies sales are up when will it be profitable.
Asked a number of times this question with a D grade response.
So yes the vote taken in December will mean a prolonged time of low prices for bubs .
China's corona viruse is a media proper gander to give the financial world excuse not to panic the masses with lower business confidence and profits.
Abr on the other hand is doing well, while stock prices is trading up nicely as anticipated, I don't think management wants the stock above 50 cents just yet.
Around June I think will be the time I think management will be comfortable to see the stock at high levels.
The announcement of the conditions are in the December notes, check them out and you'll understand what I'm talking about.
I've just finished doing a 5 year forecast for an individual on the Australian economy, and it's doesn't look bright.
When I have the approved to post will do so.
Happy new year to you all..
It's been a rough start to the year for myself with the passing of my father who was my ultimate role model in life. Not much more needs to be said.
To the Bub shareholders who refused/ left me high and dry this is the effects of the vote at the AGM.
Managing Directors or CEOs aren't the most smartest tools in the shed, if the where they would be entrepreneurs, last time I checked they work for a pay cheque like everyone else.
Bubs issue is the board isn't the smartest going around either by letting Management do what they like, hence why you see a refusal for institutional investors to step up and buy the stock.
As shareholders you need to smarten up and read the tea leaves not the glossy pictures and charts.
Sales are up great, but why did bubs burn $24 million last quarter.
Shareholders need to know when the companies sales are up when will it be profitable.
Asked a number of times this question with a D grade response.
So yes the vote taken in December will mean a prolonged time of low prices for bubs .
China's corona viruse is a media proper gander to give the financial world excuse not to panic the masses with lower business confidence and profits.
Abr on the other hand is doing well, while stock prices is trading up nicely as anticipated, I don't think management wants the stock above 50 cents just yet.
Around June I think will be the time I think management will be comfortable to see the stock at high levels.
The announcement of the conditions are in the December notes, check them out and you'll understand what I'm talking about.
I've just finished doing a 5 year forecast for an individual on the Australian economy, and it's doesn't look bright.
When I have the approved to post will do so.
