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  1. #5261
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    Quote Originally Posted by winner69 View Post
    Jeez Hoop - surely not as low as 60 cents this time round

    That be a disaster
    One man's (or woman's) disaster is another man's (or woman's) opportunity.
    Re: Life of Brian.

  2. #5262
    Legend Balance's Avatar
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    Quote Originally Posted by bullfrog View Post
    One man's (or woman's) disaster is another man's (or woman's) opportunity.
    Re: Life of Brian.
    Wynyard, Provenco, Feltex, CBL, Intueri and Pike River come to mind about disasters and opportunities!

    Sometimes there are simply none!

    PS. Unless the opportunity is shorting.
    Last edited by Balance; 10-06-2021 at 05:56 PM.

  3. #5263
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    Quote Originally Posted by Balance View Post
    Wynyard, Provenco, Feltex, CBL, Intueri and Pike River come to mind about disasters and opportunities!

    Sometimes there are simply none!

    PS. Unless the opportunity is shorting.
    Awwww geeeez Balance Shuuuuush you know that Wynyard word puts the fear of god into this Bear!

  4. #5264
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    Quote Originally Posted by RupertBear View Post
    Awwww geeeez Balance Shuuuuush you know that Wynyard word puts the fear of god into this Bear!
    Just as Provenco puts the fear of the Almighty into me!

    That’s how we become better investors, hopefully.

  5. #5265
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Balance View Post
    Just as Provenco puts the fear of the Almighty into me!

    That’s how we become better investors, hopefully.
    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
    When investors are euphoric, they are incapable of recognizing euphoria itself.

  6. #5266
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    Quote Originally Posted by winner69 View Post
    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.

  7. #5267
    Legend Balance's Avatar
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    Quote Originally Posted by Baa_Baa View Post
    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.

  8. #5268
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    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

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  10. #5270
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    Do we have to wait until interim results to find out what the pita pit deal is worth approximately?

  11. #5271
    Speedy Az winner69's Avatar
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    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.
    When investors are euphoric, they are incapable of recognizing euphoria itself.

  12. #5272
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    Quote Originally Posted by Checkmate View Post
    Do we have to wait until interim results to find out what the pita pit deal is worth approximately?

    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.

  13. #5273
    Speedy Az winner69's Avatar
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    Morbid fascination time again

    I see Plexure and Blis at the bottom of the NZX leaderboard today (or leading the losers)

    Says a lot
    When investors are euphoric, they are incapable of recognizing euphoria itself.

  14. #5274
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    Quote Originally Posted by winner69 View Post
    Morbid fascination time again

    I see Plexure and Blis at the bottom of the NZX leaderboard today (or leading the losers)

    Says a lot
    Neither ended in the top 10 falls today

  15. #5275
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    Quote Originally Posted by porkandpuha View Post
    Neither ended in the top 10 falls today
    Not to worry, there is always tomorrow

    Disc: Ex-holder of both.
    om mani peme hum

  16. #5276
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    Quote Originally Posted by Snow Leopard View Post
    Not to worry, there is always tomorrow

    Disc: Ex-holder of both.
    and tomorrow came, and the CFO is

    “out”

  17. #5277
    Speedy Az winner69's Avatar
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    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
    When investors are euphoric, they are incapable of recognizing euphoria itself.

  18. #5278
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    Quote Originally Posted by winner69 View Post
    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
    The new customer must have decided to headhunt the best part of plexure

  19. #5279
    Speedy Az winner69's Avatar
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    Andrew probably sell all his cheap shares (most around 20 cents I think) now before they lose much more value
    When investors are euphoric, they are incapable of recognizing euphoria itself.

  20. #5280
    Speedy Az winner69's Avatar
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    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
    Last edited by winner69; 18-06-2021 at 09:00 AM.
    When investors are euphoric, they are incapable of recognizing euphoria itself.

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