TSK - TASK Group Holdings

[Rawz]

Hey Rawz ……I don’t think they’ve given any F24 guidance so couldn’t confirm lol

Anyway the value is in the story ……they kicking the goals and F25 revenue say $100m plus

At 5 times revenues that’s a share price of $1.40 in a years. Been there before so no problem

That’ll rocket them out of obscurity eh

Yes that's right. No guidance at all. Compared to last year they first put guidance out 1st Aug 2022 for the year ending 31 March 2023. So with 8 months of that year to go they were able to give shareholders a little idea of what to expect. Compare that to this financial year and there are only 2 months left to go and what... they trying to tell us they have no idea what final revenue is going to be??? Something not quite right aye

5X revenue was top of the bull market. Now we should be talking about 2.5x revenue as a lofty revenue multiple

TSK announcements not very good this year compared to last year.

[winner69]

Yes that's right. No guidance at all. Compared to last year they first put guidance out 1st Aug 2022 for the year ending 31 March 2023. So with 8 months of that year to go they were able to give shareholders a little idea of what to expect. Compare that to this financial year and there are only 2 months left to go and what... they trying to tell us they have no idea what final revenue is going to be??? Something not quite right aye

5X revenue was top of the bull market. Now we should be talking about 2.5x revenue as a lofty revenue multiple

TSK announcements not very good this year compared to last year.

Yes rawz, different ‘approach’ to guidance this year is a bit strange. Maybe they don’t wantsvto excite punters too much but then the quarterlies are full of exciting stuff

Still a worry they increasing spend more than the increase in receipts

[sunnysleeper11]

I wonder if large restaurant brands are put off TSK because of McDonald's part ownership..??

[Rawz]

Yes rawz, different ‘approach’ to guidance this year is a bit strange. Maybe they don’t wantsvto excite punters too much but then the quarterlies are full of exciting stuff

Still a worry they increasing spend more than the increase in receipts

I dont think the increase in spend vs receipts is a worry with the North Amercian expansion.

[SailorRob]

I dont think the increase in spend vs receipts is a worry with the North Amercian expansion.

Agreed, be worried if it wasn't like this.

[mfd]

I wonder if large restaurant brands are put off TSK because of McDonald's part ownership..??

When they signed up, plexure agreed to a list of other large restaurant brands that they would not do business with. I'm not sure if this was time-limited, or how it applies to Task as they are now.

[winner69]

Don’t forget Bell Potter had Task in its top picks for 2024

Share price up so far today ….heading in right direction

[Ggcc]

Don’t forget Bell Potter had Task in its top picks for 2024

Share price up so far today ….heading in right direction

Unfortunately there are 1 million shares at 42 cents for sale that might slow it down a little. Oh well, hopefully someone snaps them up relatively quick. Within 12 months the SP will be higher

[sunnysleeper11]

When they signed up, plexure agreed to a list of other large restaurant brands that they would not do business with. I'm not sure if this was time-limited, or how it applies to Task as they are now.

I'd love to know the list of banned companies. I imagine the list to be extensive. All fast food restaurants compete to be the meal of choice on any given day.

TSK are hopefully being inventive with broadening the scope of their offering to other industries.

Herbison wanted the Aus/NZ supermarkets to get their ticket clipped by Plexure - no doubt they politely declined. Haven't heard much about the Philippines supermarket chain that used Plexure..

[Baa_Baa]

I'd love to know the list of banned companies. I imagine the list to be extensive. All fast food restaurants compete to be the meal of choice on any given day.

Bear in mind this was about Plexure solutions, which pre-dates all of the TASK solutions. The list was never disclosed and might be smaller than you think, PLX signed up White Castle and Starbucks subsequently. Now TASK has and is signing up other QSR's in the USA.

TSK are hopefully being inventive with broadening the scope of their offering to other industries.

TASK is active in other markets than QSR, for example Stadiums and Casino's.

Herbison wanted the Aus/NZ supermarkets to get their ticket clipped by Plexure - no doubt they politely declined. Haven't heard much about the Philippines supermarket chain that used Plexure..

No progress was made in expanding into Supermarkets, the market/sector was dropped by Plexure. The supermarket that Plexure pulled out of was (if I recall correctly) in Indonesia. The transaction clipping has never been disclosed but it is possible that Plexure has some with McD's (notice the large increase in revenue from the recent contract re-sign). TASK will clip the ticket on the new MOP solution.