TSK - TASK Group Holdings

[whatsup]

Neither are particularly likely.

PLX is in deep with Microsoft, very deep. There's no need for MS to acquire PLX when PLX are completely reliant on MS technologies underpinning their platform. Very unlikely any other party would acquire PLX while MS have such a dominant technology influence and could tip the boat anyway, anywhere anytime they want to. There will be no Angel exit for the major shareholders.

There's no way PLX is listing on NASDAQ either, they are a very long way from the minimum listing requirements. Maybe one day, but not anytime soon.

What punters might want to do some research on is:

- why there are no new customers for years? Maybe they've been busy rolling out McD's, IKEA and 7-Eleven, but what would we know since they stopped communicating the important stuff to shareholders ages ago.

- who noticed that the brains trust has also left? I'll leave it to you to figure out which technical minds have moved on to new ventures, those were the brains that envisaged the strategy, the app, the platform and the back-end architecture. All gone.

- making a profit is easy, if you downsize the personnel expenses and rationalise the sales capability (maybe an indicator for both of the above) while modestly growing the revenue as existing customers stores are rolled out.

- where have all the other customers gone? The website lists only three now, there were some big names that are no longer mentioned.

Dig deeper. DYODD and you will perhaps discover why this is still a 15-20 cent share. It is also a target for nimble traders who know how to scalp a 50 - 100% profit in a few days or weeks off the back of gullible investors who know nothing about the company except that its shareprice suddenly seems to have gone up a bit.

I reckon Balance will be along shortly to remind us all about the checkered history of this company, it's backdoor listing, how the promoters have made more money than anyone else.

BB so where have the brains trust moved to ?

[steveb]

given the checkered past,is it not surprising the brains trust has moved on.Surely if you are competent and considered part of the brains trust and you have no skin in the game,why would you not move on.

[Vish]

This thread always catches my eye.. No longer a holder, sold last year... rather play lotto tbh

FYI to the holders - Microsoft Azure prices are set to increase soon, most likely PLX are still using Azure so no doubt their expenditure will follow suit.

[Timesurfer]

I just got nice letter from CFO Andrew today.
I almost feel guilty now selling my pocketful of shares earlier today - I blame you negative lot.

Still, it was a tidy profit and now I have invested in electric to help PLX power up the next stage of their development.

[Brain]

I am not selling. Way more positives than negatives with this one.

[Cobber]

I am not selling. Way more positives than negatives with this one.

Agreed. I believe the new brains trust have way more smarts than the founders. I don't mind if they have lost customers... who is to say they were profitable customers anyway... they could have been signed up in desperation to simply inflate revenue numbers. We'll never know. But making a profit is absolutely the direction this company needs to focus on. Even if that means culling low hanging fruit (customers).

[mikeybycrikey]

I don't mind if they have lost customers... who is to say they were profitable customers anyway... they could have been signed up in desperation to simply inflate revenue numbers. We'll never know.

Do we even know that they have lost customers? They don't seem to be making any announcements about customers any more but are they also just being a bit quieter about who they are working with?

I'm not saying they haven't lost customers but do we have any evidence of it, other than the website image that someone posted the other day?

I'm still not totally convinced about this company but I am holding and am cautiously optimistic.

[whatsup]

PLX could be the sleeper for 2019 along with RAK and RBC .

[Lola]

PLX could be the sleeper for 2019 along with RAK and RBC .

Correct and while some of us have been sleeping it’s already up 120% in the last 12 months.

[Cobber]

Do we even know that they have lost customers? They don't seem to be making any announcements about customers any more but are they also just being a bit quieter about who they are working with?

I'm not saying they haven't lost customers but do we have any evidence of it, other than the website image that someone posted the other day?

I'm still not totally convinced about this company but I am holding and am cautiously optimistic.

Haha blame it on Baa Baa.... his post referenced customers disappearing.