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  1. #2681
    Membaa
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    Nov 2004
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    Paradise
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    White Castle new customer, noice. 😀

  2. #2682
    Senior Member
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    Aug 2017
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    Wow just did a quick google and they have 377 locations,and I had not heard of them before.

  3. #2683
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
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    Oct 2013
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    Nice addition of White Castle - 377 locations across 13 states, Privately owned business that is quite big in the states.

    In terms of size I'd probably call this a medium customer. Will be a great addition to McDonalds and shows Pleaxure does have room to add other players in the same fast food market to their customer list and Mcdonalds has not stopped them from doing so.
    Don't expect revenue to come in immediately, I'd give it 6 months before anything started coming through and another 6 months for it to really ramp up. So unlikely to affect current financials in a large way.


    The announcement "
    Plexure signs deal with US fast-food chain White Castle"
    https://www.nzx.com/announcements/337897
    Last edited by silverblizzard888; 22-07-2019 at 08:34 AM.

  4. #2684
    Member
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    May 2019
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    210

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    Quote Originally Posted by steveb View Post
    Wow just did a quick google and they have 377 locations,and I had not heard of them before.
    Hahaha I only knew White Castle from the movie - Harold & Kumar Go To White Castle!

    nice work PLX

  5. #2685
    percy
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    Oct 2009
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    christchurch
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    Quote Originally Posted by steveb View Post
    Wow just did a quick google and they have 377 locations,and I had not heard of them before.
    White Castle store locator says 468.
    I have never heard of them either.

  6. #2686
    Guru
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    Jul 2002
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    New Zealand.
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    Quote Originally Posted by Schrodinger View Post
    Good please go down further I need to buy in again.
    So Sch did you get back in with that buying op, Im picking that there will be more ann such as this, journey is only starting imho.

  7. #2687
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
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    Oct 2013
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    With this contract its a big confidence booster for the stock and company. Shows they aren't just a one trick pony and can go on to tie up more fast food retailers.

  8. #2688
    Legend Balance's Avatar
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    Feb 2003
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    21,480

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    Move 'em up and sell 'em down.

    Too easy!

  9. #2689
    Guru
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    Jul 2002
    Location
    New Zealand.
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    Quote Originally Posted by Balance View Post
    Move 'em up and sell 'em down.

    Too easy!
    Bal, please don't be too resentful that ,
    1/ you don't hold on this reconfigured share.
    2/ that you once held and now regret selling.
    3/ have been wanting to buy but cannot pluck up the courage.
    4/ you have your head in the sand and cannot see what is ahead with this former B S company.

  10. #2690
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    Dec 2004
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    350

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    The interesting thing is that they are in the same sector as McDonalds, as I recall they got a veto power in their placement.

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