Bit of action with Plexure today. I have been underwater on this one for quite some time. If the enthusiasm for this stock continues I might be able to use a snorkel instead of Scuba.
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Bit of action with Plexure today. I have been underwater on this one for quite some time. If the enthusiasm for this stock continues I might be able to use a snorkel instead of Scuba.
I'm glad to see Scott Bradley has exited this business. The results for the last 6 months are quite remarkable.
https://www.nzx.com/announcements/318689
I like it that the puffery NZX announcements have ceased with a focus on letting the results speak for themselves. I'm picking they are heading into profit for the next financial year.
Dipped my foot in here today, see what happens r they good or r they still like the V _ mob !!
My opinion is VMob was Scott Bradley. Costs were out of control, lots of puffery PR, bloated salaries but a good product.
Came crashing down last year when Azure costs skyrocketed. Scott Bradley left. New management came in. Some pretty good talent with experience selling software to multiple regions around the world.
Costs are now under control, they have growth and there is a focus on getting to profitability which looks achievable now in the new financial year.
I'm picking we won't hear much from them this year. They seem happy to let the numbers speak for themselves which gives me time to acquire more stock over the coming 6 months :)
I'm also thinking of acquiring more of this stock. Have been reading up on the Internet of Things and it's where this company is. Could we see this stock do the same thing as Serko? Was at 10 cents for quite a while, and now look at it.