Finally PLX coming out with sales forecast that meets market Expectations that they are a real growth company
http://nzx-prod-s7fsd7f98s.s3-websit...109/316374.pdf[/QUO
Good that PLX is generating revenue growth (to be expected actually when it has MacDonalds as its sole major client) but rather telling that :"The Company will not be providing EBIT guidance as the impact of the Company’s expansion plans and platform investment cannot be accurately assessed at this juncture."
It is unacceptable for any company NOT to know the impact of servicing a new major contract - which is what the update sounds to me.
Reminding me of the likes of Provenco & Wynyard - companies landed 'big' contracts which then proceeded to strangle the companies with costs and expenses to service the contracts.
Be careful, folks out there - growth for growth's sake is the philosophy of a virus. Ultimately, left unchecked it will kill the host cells!