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  1. #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.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #5272
    Risk Manager for FTX
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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.

  3. #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
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #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

  5. #5275
    Reincarnated Panthera Snow Leopard's Avatar
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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

  6. #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”

  7. #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
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #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

  9. #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
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #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 08:00 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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