Australian (ASX) Stock Market Forum

So, a better "looking" day forming for Buddy than the last few, subject to confirmation over the next few days though.

Screenshot_20200903-145122.png
 
On behalf of those not knowledgeable what is the gapo_O.
You can see in @frugal.rock 's chart above that there was a gap 5 trading days ago between 0.07 and 0.08. @tech/a mentioned it in a different thread. I happened to look at BUD yesterday, (I think it was yesterday, with all these techs and golders and nickelers etc. behaving strictly along TA lines its difficult to keep the bride's nightie down and not make a dollar) and saw it had fallen to 0.076.

I put in a limit order as tech mused, in the middle of the gap. I bought at 0.075 yesterday I think and sold today at 0.078, I think. I made some hundreds of dollars. Brides nighties and Milo for me tonight.

It just goes to show that time spent in ASF Aussiestockforums is time well spent.

Thanks @tech/a Thanks @Joe Blow

gg
 
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You can see in @jbocker 's chart above that there was a gap 5 trading days ago between 0.07 and 0.08. @tech/a mentioned it in a different thread. I happened to look at BUD yesterday, (I think it was yesterday, with all these techs and golders and nickelers etc. behaving strictly along TA lines its difficult to keep the bride's nightie down and not make a dollar) and saw it had fallen to 0.076.

I put in a limit order as tech suggested in the middle of the gap. I bought at 0.075 yesterday I think and sold today at 0.078, I think. I made some hundreds of dollars. Brides nighties and Milo for me tonight.

It just goes to show that time spent in ASF Aussiestockforums is time well spent.

Thanks @tech/a Thanks @Joe Blow

gg
OK Thanks GG. I am assuming people are wary of the gap in a TA sense, in that the price will come back and fill it. I can say I cant really see why, other than the gap is maybe thought to be indicator of over zealous buying.
Does a gap on the way down attract investors? I would think not.
Enjoy the Milo.
 
7 September 2020 - Adelaide, Australia
Buddy Technologies Limited (“Company”) (ASX:BUD), a leader in IoT and cloud-based solutions for making spaces smarter, is pleased to advise that the share purchase agreement (“SPA”) with CST Investments Fund (“CST”) to provide the Company with an equity-backed
finance facility to (amongst other matters) navigate the coronavirus pandemic (refer to the ASX announcement dated 5 May 2020) has been terminated.

"Shareholders are advised that no securities were issued under the SPA and the Company did not utilise this facility"

Nice, no dilution.
Pandemic funds not needed after all.


Looking like a bright illuminated future for my Buddy.
Cheers.
(I always believed in my buddy and provided support through thick and thin :D)
Am now moving towards the light at a faster pace...
 
ASX MARKET RELEASE
LIFX Breaks Record for Largest Orders for Smart Lights,
at A$10.5m
SUMMARY
● LIFX has received new contracted purchase orders for approximately USD $6.0m + EUR €1.4m (A$10.5m) of LIFX smart lights

● These orders more than double the previous largest record, which was only set less than 3 weeks ago

● The orders exclude LIFX Clean and LIFX Switch - both expected to be ordered separately and subsequently

● It is intended for products included in these orders to help meet 4th calendar quarter holiday demand in Europe and North America.
10 September 2020 - Adelaide, Australia
Buddy Technologies Limited (“Company”) (ASX:BUD), a leader in IoT
 
ASX MARKET RELEASE
LIFX Breaks Record for Largest Orders for Smart Lights,
at A$10.5m
SUMMARY
● LIFX has received new contracted purchase orders for approximately USD $6.0m + EUR €1.4m (A$10.5m) of LIFX smart lights

● These orders more than double the previous largest record, which was only set less than 3 weeks ago

● The orders exclude LIFX Clean and LIFX Switch - both expected to be ordered separately and subsequently

● It is intended for products included in these orders to help meet 4th calendar quarter holiday demand in Europe and North America.
10 September 2020 - Adelaide, Australia
Buddy Technologies Limited (“Company”) (ASX:BUD), a leader in IoT


Cheers Frugal, looked at it when it was around 4c, got on at 0.047.

Where to from here do you think?
 
Cheers Frugal, looked at it when it was around 4c, got on at 0.047.

Where to from here do you think?
Good one.
I am holding 30% of my original holding which was from 0.0135 and accumulation at 0.036.
For me, there's no rush to sell.
As said previously, the timeline of events matches up with the stock price. All the excitement of the hype several years ago, price bottom around September last year and product starting to get to market.
COVID19 smack down March, but recovered nicely since.
I envisage the trend from the last month to continue, albeit at a slower pace after the next few announcements.
Production scaling is in place and Buddy says that Phillips is their main competitor.
I see the potential for Buddy to move into being a main worldwide globe player, with opportunities in Automotive as well as TV and Film, showbusiness.
This is only my opinion and not investment or trading advice of any kind.
Cheers
 
The next 4C will be really interesting for $BUD, we should be able to see whether they can turn the increased revenue into profit & cash flow. I continue to watch with interest.
 
ASX MARKET RELEASE
LIFX Achieves 30 Day Sales Record Exceeding A$30m
SUMMARY
● Total orders for LIFX Smart Lights received over the prior 30 days for the holiday period have now eclipsed A$30m, making this the largest 30 day sales period in the Company’s history

● This comes as LIFX has received new contracted purchase orders for approximately US$4.5m (A$6.2m) of LIFX smart lights, largely for the coming holiday quarter

● These holiday quarter orders exclude LIFX Clean and LIFX Switch, both of which are also expected to be ordered subsequently

● Retailer orders to meet holiday quarter demand began as early as August, and are expected to continue well into the next quarter.

16 September 2020 - Adelaide, Australia Buddy Technologies Limited (“Company”) (ASX:BUD), a leader in IoT and cloud-based solutions for making spaces smarter, is pleased to announce that following receipt of new contracted purchase orders totalling US$4.5m (A$6.2m) from existing retail and distribution partners, the Company has now achieved its largest ever 30 day sales period.

Total contracted purchase orders received over the prior 30 days now exceeds A$30m, which is a new record for the Company, and is a very robust result given the worldwide economy and global impact of the COVID-19 pandemic.

You can find the rest of the announcement, on the announcement itself.
$1 million per day in orders average for August, that's nice.

Still waiting on announcement re the LIFX Clean product test for COVID19 efficacy/ killing outcome. ;)
 
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