Forum Topics BMT BMT Takeover target?

Pinned straw:

Added 4 months ago

A good result from Beamtree today.

Some background on a Rich Life here, and why it might be a takeover target.

edgescape
Added 4 months ago

Bmt is the one where I sold at maybe 29c, took the loss and piled it all in to IPD group at 1.50 and moved on

But that is what is fun about stock markets. You can always find better opportunities.

Ok if they can control costs but for me it is too hard to make sense of the biz and lack of conviction from Tim.


12

edgescape
Added 4 months ago

Also want to add the amount of "buzzwords" used in their products where you need to spend lots of time deep diving to get an understanding of what each technology does.

However, I do appreciate those that went through their offerings and the background story to make it easier to understand even for a techie guy like me.

5

thunderhead
Added 4 months ago

I held it between prices of 17-20c from back when it was known as PKS, and sold around 40c. Left some on the table from the highs of close to 60c, but can't complain.

I have considered getting back in at various times since without ever pulling the trigger. It was a missed opportunity at the 52w lows from the looks of it.

7

edgescape
Added 4 months ago

@thunderhead

To make you feel better, I bought near the high of 50c. At that time I did not really know what I was buying.

But then knew what I was buying when going into IPG and I think that was the key difference.

So the question is should I sell IPG, forgo the dividends and buy back BMT which is a company I still can't quite understand hoping it will go back to my buy price in say 12 months?

It is an interesting question.

If my simple mind can't decode their products then I probably don't deserve to have a holding.

6