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BUD - Buddy Technologies

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Re: POK - Potash Minerals

What has happened to POK today? Company announcement does not indicate to this amateur that sort of drop (21.4 %)
 
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Re: POK - Potash Minerals

Anyone know what's going on and why POK would have dropped so significantly and not yet recovered any ground? Were the results not up to expectations or is there something else going on?
 

System

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On December 29th, 2015, Potash Minerals Limited (POK) changed its name and ASX code to Buddy Platform Limited (BUD).
 

pixel

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On December 29th, 2015, Potash Minerals Limited (POK) changed its name and ASX code to Buddy Platform Limited (BUD).
BUD is selling apps that connect "the Internet of Things", e.g. lets people use their mobile phone to turn on the reticulation from afar.
In order to buy "Buddy", POK has been re-capitalised at 10cps.
Not surprising then, scalpers moved in immediately in large numbers. Within the first few minutes, the sp was pushed high, then the real scalping began.

BUD i1m 30-12-15.png

At 2pm, vwap is 17.2c; at this level, I take the chance and accumulate a small holding.
 

pixel

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It took a while longer to regain traction :(
I stopped out and only now risked a re-entry. However, the breakout appears confirmed now, and the resistance at 7.0/7.1 should soon be overcome as well.

BUD n 02-06-17.png

I also like the fundamentals. Watch
 

pixel

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another breakout attempt. The recent volume underpinning rising prices suggests to me double digits aren't far. I bought more before the breakout and am now waiting for the next pullback to provide a handle on potential targets. Immediate resistance likely at 8.0 and 8.8c.

BUD o 07-06-17.png
 
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Country Lad

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Thought I would pop in to see if anybody else was on this one..

Coincidentally pixel, I also saw my triggers about this time (CBL, Darvas, P&F, SIROC/OBV) and first bought in about same time.

I think this is a bit more than just a worthwhile spekkie, having proven new technology product, initial backing from the likes of Microsoft Ventures, the right mix of directors and a reasonable 360 mil shares on issue.

bud.jpg
 

Country Lad

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Happy Pixel? I bought some more last week assuming the webinar would create more interest so now a bit overweight. Up 30% odd so far today is nice.
 

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Happy Pixel? I bought some more last week assuming the webinar would create more interest so now a bit overweight. Up 30% odd so far today is nice.
well done, mate.
I left a profit stop when I had to go to hospital in June. ... and didn't buy back in :(
 

pixel

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One gap closed; time to re-enter? Or can the next one come into play first?

BUD pm 13-11-17.png
 
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Have been watching this since I saw presentation of their product -- the Buddy tech to help property managers centrally manage building services efficiently I think has great scope for scale given the global need - although not sure what the competition is ...

Interesting note from CEO at end of year flagging he and directors and employees will be selling stock in 1st quarter 2018 (to pay tax bills!) ... hence big volume on 17 Jan ... so end of quarter cold be good time to enter ... cashed up $30m , burning $3m per quarter but revenue starting to flow ($400k last quarter), signed $30-50m in contracts, and lots of distribution agreements ... mkt cap $250m

imo one to watch when selling pressure comes off...
 

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This morning's announcement mentions Nestle as a new client. But reading on, it only refers to Nestle Jamaica. If it's a "test balloon" for a bigger roll-out, it could "make" the company.
Judging by the chart, the Market seems to give it a good chance. At least the trades of the first session give the impression of being demand-driven. Only during the lunch break can I see some supply coming in from would-be profit takers.
Key resistance is 20c, which would signify a breakout from the falling Raff Regression channel. The short-period MACD is supporting a Bullish turn, as is the gap overhead to 20.5c.

BUD n 28-02-18.png


I have opened a small start position.
 

greggles

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Buddy Platform has bounced off 10c and the last two trading sessions have seen bullish moves north. There is no obvious catalyst behind the share price increase so perhaps the selling has tapered off and buyers have moved in? Or maybe there is news around the corner?

big.chart-BUD.gif
 
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Gday Al,
Good to see BUD moving forward, even if it 2 steps forward, 1 step back.
From announcements, one would think that the recent modest SP rises and volume increases may indicate a potential breakout, however, I believe some negative sentiment from the last few years performance is impacting the SP with weak hands delaying movement.
IMO, if the current turnaround on SP continues, wahoos will be in order as the market catches up and with today's open of 0.026, the 2nd time to hit there recently, it's getting interesting.
Currently $ 0.023, Morningstar Quantitative has a value of around 5c on it (ranges 4.5 to 5.4 cents) and puts it as undervalued.
I hold, in at 0.023, and am prepared to hold for 12 months or more, if need be.
F.Rock
 
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:D
I don't hold as of this morning.
Jumped out at .027 on the first stall.
Kicking myself a little now.
Opened at .024 (low), jumped on good news Ann, (Ann 10 mins after open...) a high of .037 and currently on .032 and seems fairly stable there for the time being...
It seems like a company like this is early on its potential
growth phase, from my research.
Do your own research. Am I wrong?
F.Rock
 

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