Lets have a game within a game . Which way is this stock going from here? Will it hit 40 before is retreats to 30? Cmon expert followers on this thread. Ill start and say 40 first.
Printable View
They have achieved a EPS of 0.96c last half year. If they keep this, it will be around 2 cents EPS for this financial year. At the current price of 38 cents, they are priced at PE of 19x, which I think is reasonable and also relatively lower than other tech companies! Cash on hand is enough to go for further growth. If you follow their web site, they seem focusing on developing further technologies such as digital wallet etc., and also recruiting more employees for business expansion..... It looks to me they are well positioned for growth and there are more and more to come!
The "please explain" has been received...and explained. Nothing to see here...
S/PRICE: PLX: NZXR Share Price Enquiry into Plexure Group Limited Please see attached documentation relating to a share price enquiry in Plexure Group Limited Ordinary Shares ("PLX") by NZX Regulation ("NZXR") End CA:00329273 For:PLX Type:S/PRICE Time:2019-01-09 15:56:16
Good but late .
Nice to see a very small company buyback supporting SP levels around .29c to .30c.
http://nzx-prod-s7fsd7f98s.s3-websit...394/294704.pdf
Thanks for your thoughts Hardt and Brain...... I agree (it was only a tiny buy-back) and I only have a small holding (nicely in gain territory.)
Watching this one with a degree of scepticism. Very early days.