TSK - TASK Group Holdings

[Baa_Baa]

The NZX must surely be following up on this PLX too. They have made a mockery of the main board by being allowed to list there. Their capitalisation was meant to be $40 million. They are now at $17 million and heading south of that very quickly.

NZX set the rules, PLX chinned the bar and moved to NZX. Neither NZX nor PLX have anything to do with the current market cap.

[winner69]

I'd tend to believe the Interim Report over what somebody puts in a presentation before the year has even ended.

I expect the Interim Report to be accurate (even if unaudited). If not a really bad look.

This applies to all companies, not just PLX

[winner69]

Several announcements re new business just before 30 september

Chairman saying $7.1m - he's probably right

Just that this new business might not have been 'booked' / accounted for by Finance so the system came up with $6.0m as at Sept 30th

I now believe $6.0m is correct / official but we can say with confidence that some afterwards in October it has risen to $7.1m (accounting wise) .....and will on way to $10m next year

We all know sales people (CEO / Chairman) jump t gun and can't cntaiin the exitment when it comes to reporting sales.

[mikeybycrikey]

Several announcements re new business just before 30 september

Chairman saying $7.1m - he's probably right

Just that this new business might not have been 'booked' / accounted for by Finance so the system came up with $6.0m as at Sept 30th

I now believe $6.0m is correct / official but we can say with confidence that some afterwards in October it has risen to $7.1m (accounting wise) .....and will on way to $10m next year

We all know sales people (CEO / Chairman) jump t gun and can't cntaiin the exitment when it comes to reporting sales.

This explanation sounds better than than the ones I have come up with myself.

My explanations have involved either lies, incompetence or lost business. At least this possibility give me some confidence that all is not lost with this little company. But I guess we'll find out.

[winner69]

This explanation sounds better than than the ones I have come up with myself.

My explanations have involved either lies, incompetence or lost business. At least this possibility give me some confidence that all is not lost with this little company. But I guess we'll find out.

Could be anything mickey - i've been wrong with my assessment of PLX in the past so prob wrong again eh

Pity they opened themselves up for so much conjecture

Dropped then an email asking them to clarify - hope I get a reply

[winner69]

Several announcements re new business just before 30 september

Chairman saying $7.1m - he's probably right

Just that this new business might not have been 'booked' / accounted for by Finance so the system came up with $6.0m as at Sept 30th

I now believe $6.0m is correct / official but we can say with confidence that some afterwards in October it has risen to $7.1m (accounting wise) .....and will on way to $10m next year

I think I'm right here - something to do with the timing of 'contracts' and when the first cash payment is received

So I'm pretty confident contracted ACMR was in excess of $7m as at Sept 30

[winner69]

I think we will get an update on ACMR from PLX pretty soon

[winner69]

I think I'm right here - something to do with the timing of 'contracts' and when the first cash payment is received

So I'm pretty confident contracted ACMR was in excess of $7m as at Sept 30

Heard from Andrew from Plexure re this

Confirmed it is just a timing issue between 'contracted' numbers and 'financial' numbers

Did agree it was slightly confusing

All honky dory .....no worries

[Leftfield]

Latest figs out...... they are going to need additional funding or a strategic partnership in the next 12 months IMHO.

Attachment 8524

[mikeybycrikey]

Capital raise announced yesterday: https://www.nzx.com/companies/PLX/announcements/294647

$300k!!! Wow!!!. I guess that's the next two weeks covered.