TSK - TASK Group Holdings

[Absolute144]

Worth noting here from the report
"ACMR forecast to exceed 10million in the next six to nine months "

And

"The company sales personnel now regularly get introduced by Microsoft to major US retailers looking for technology solutions"

[Absolute144]

• ACMR forecast to exceed $10m in next six to nine months.

So taking a halfway point, this is roughly August next year. How do you get your companies valuation up to $40 million by March 31 based on this??

Good question, so if vmobs reading this thread. Focus on reducing expenses, turn some of that extra cash into a profit and SPECIFICALLY don't be focussed on the share price. Run a good company, a tight ship and the share price and market should follow

[Schrodinger]

Using PEB as a proxy VMob should have a MCap of $150m or more. In fact it should be higher than PEB due to better revenue growth and stronger customer base.

Capital input for PEB $80m vs $25m? Also note that VML is looking to beef up their USA advisory board.

Should be heading towards $2.50

[Baa_Baa]

Revenue
6 months to 30 September 2013 = $0.131m
6 months to 30 September 2014 = $0.610m
6 months to 30 September 2015 = $3.291m

ACMR $4.8m, +1,057% over HY2104

Forecast ACMR $10m+ 6-9 months!

High Growth

[Balance]

Yet another backdoor listed company like Snakk, totally dependent upon hype to be listed and to suck in the naive punters - VML will go the same way as most of the backdoor jobs. Investors end up getting screwed and the promoters are still laughing into their champagne as they gaze across the Caribbean sunset.

[Harvey Specter]

Using PEB as a proxy VMob should have a MCap of $150m or more. In fact it should be higher than PEB due to better revenue growth and stronger customer base.

Capital input for PEB $80m vs $25m? Also note that VML is looking to beef up their USA advisory board.

Should be heading towards $2.50

10x ACMR is a fair valuation given their growth so that puts that at $48m. The cash burn will concern people but the growth we are seeing makes me optimistic.

[Cobber]

Revenue
6 months to 30 September 2013 = $0.131m
6 months to 30 September 2014 = $0.610m
6 months to 30 September 2015 = $3.291m

ACMR $4.8m, +1,057% over HY2104

Forecast ACMR $10m+ 6-9 months!

High Growth

Another way to look at it though :

July 31st 2015 ACMR was $4.5m

30 September 2015 ACMR is $4.8m

30 September 2016 ACMR maybe $10m

That's growth of little over 100% in 12 months (ie growth is slowing!!).

[Baa_Baa]

I'd be very happy with growth 100% YOY, new customers being signed up and implemented and zero customer churn.

This is very encouraging from the report.

[abridged]

• During the period, the deployment of VMob’s technology platform for McDonald’s Japan was completed.
  
  • approximately 20 million Japanese consumers using the McDonald’s app [...] and significant uplifts in sales - 3,200 restaurants.
  • executed a further agreement with Mcd Japan to provide data analytics services
  
  
• McDonald’s US roll-out commenced in September 2015 and the user base is growing rapidly - 13,500 restaurants - potential for VMob in that market is significant.
• An agreement with McDonald’s Korea was secured in July 2015
• further agreements have been concluded with - and go live 2016:
  
  • McDonald’s Baltics (for Latvia, Estonia and Lithuania),
  • McDonald’s UK (as part of a European solution) and
  • McDonald’s Singapore.
  
  
• contract to deploy technology platform for IKEA in five countries across Europe, Asia and North America. The first project deliverable released in those five markets
  
  • the final phase of the project (location-based marketing and beacons) is scheduled to go live in January 2016.
  • potential exists to expand the Company’s footprint with IKEA in additional international markets.
  
  
• contract signed with 7-Eleven in Australia now in live pilot mode with a full commercial launch scheduled for 2016.
• Anheuser-Busch deployed a successful pilot IOT platform in a number of its US bars. The scope of the pilot is now being expanded
  
  • could lead to a much wider roll-out over time - supplies more than 250,000 bars across the Americas.
  
  
• ​IOT pilot secured with Mars Drinks - substantial opportunity for the Company

sales pipeline continues to grow.

customer churn remains at zero.

Using Harveys 10x ACMR 'fair valuation' = $48m / 74.445m = $0.65 SP (rounded).

[goldfish]

Not impressed, continuous issuing of stock, will soon be as diluted as before.
No new sign ups for ages now. No aussie listing like they said.

Was one of my smallest long term holdings but glad to be out for a small loss on today's small rise.

[Schrodinger]

10x ACMR is a fair valuation given their growth so that puts that at $48m. The cash burn will concern people but the growth we are seeing makes me optimistic.

So in 6-9 months they will have a $100M valuation...