One man's (or woman's) disaster is another man's (or woman's) opportunity.
Re: Life of Brian.
Printable View
Provenco ended up as Invenco and apparently is doing really well these days...with Peter Maire’s involvement.
All they needed was some decent people to lead them and keep them focused
Makes you wonder if history might repeat .... whoever picks up the remnants of Plexure one day and actually turns them around will do very well
Oh you really are down on Plexure aren’t you, poor thing. Stocks shouldn’t upset their owner, best just to be rid of them, move on so to speak, save yourself the anguish. Better still wait until PLX meets your high bar and buy some then? Or not if it doesn’t. Tech spec just isn’t for some.
W69 is challenging his and holders’ conviction in PX1. Just like he does with other stocks like HLG.
Ask him about Serko and you will know he does know how to invest in Tech stocks.
The old ‘if you own a stock you must not criticise or critique it’ is the reason why many are burning in the likes of ATM & dare I say, PX1.
I confess I am now in the “not so sure” which way this one will go camp. I have felt pretty bullish about PX1 until recently but now I can hear No Worries Winner and Balance whispering caution in my ears. I dont see that as a bad thing. The Bear can still be quite impulsive and in the past I would probably be hoovering shares up right now thinking they are a bargain. But right now I am listening to Winner And Balance and Baa Baa as part of my decision making process. So thank you guys for posting your differing points of view, very much appreciated :)
Do we have to wait until interim results to find out what the pita pit deal is worth approximately?
Love this bit some - ‘..we will share how we helped the world’s most iconic brands achieve massive lifts in key consumer engagement metrics.”
Forgot to add at great expense (to ourselves)..like ‘we’re here to help you no matter the cost to us’
Hope the virtual Roundtable goes well.
I doubt we will ever know, probably pretty small considering the size of the brand in NZ. Previous contracts were convoluted in that they took several years after the contract was signed to even recognise any revenue.
The main problem I see with Plexure is that they seem to have a product incapible of selling itself. Even the second largest customer (Ahold) wasn't sold through their marketing team but through the chief digital officer moving from Macdonalds to Ahold (and probably recognising that they can get work done for almost the same cost as in house). This isn't the next Afterpay or Xero where the customers love the product and image, and you get a great snowball effect.
Apps are by their nature easy to create, hence why competitors like Airship are so much more successful with the cookie cutter approach. Combined with a unalligned management, lots of buzzwords, a complete inability to acquire and retain staff, a recent poor result, a founder who saw no value, and a shareholder base that is constantly desperate for the "next" contract announcement in order to see any value created.
There is a reason why this is cheap, but I hope it works out. I almost like the CEO despite having 0 tech experience.
Beginning to see the light Balance. Great trading stock though due to large retail ownership.
Morbid fascination time again
I see Plexure and Blis at the bottom of the NZX leaderboard today (or leading the losers)
Says a lot
Bugger - Andrew had enough(?) and leaving
Only sensible person in management team
As Snowie says 'there's always tomorrow'
http://nzx-prod-s7fsd7f98s.s3-websit...144/348519.pdf
Andrew probably sell all his cheap shares (most around 20 cents I think) now before they lose much more value
Suppose we can't really read too much into why Andrew is resigning
Been there a while and probably thought he just needed a change
Pity he won't be there when they announce the $100m revenues achieved