TSK - TASK Group Holdings

[Brain]

It is hard to take a glass half full view of the stock but here is my best effort.

the ACMR is running at $10M at this point as announced in January. If they can get a bit more revenue and decrease costs then maybe at the end of this financial year they could break even.

But I guess the tricky part is finding an investor to stump up with another 6 to 10 $M to see them through. If they do then we can expect a huge dilution for the current shareholders.

[mikeybycrikey]

the ACMR is running at $10M at this point as announced in January. If they can get a bit more revenue and decrease costs then maybe at the end of this financial year they could break even.

I no longer believe this is true.

Operating revenue for H1 was $3348K
Operating revenue for FY was $7044K

Hence OR for H2 was $3696k. If they were getting ACMR of $10M then H2 revenue should be much higher, maybe $600k higher? Also, notice no mention of ACMR at all in the latest report.

Note I'm using operating revenue for ACMR. This might be an incorrect assumption.

[Balance]

I no longer believe this is true.

Operating revenue for H1 was $3348K
Operating revenue for FY was $7044K

Hence OR for H2 was $3696k. If they were getting ACMR of $10M then H2 revenue should be much higher, maybe $600k higher? Also, notice no mention of ACMR at all in the latest report.

Note I'm using operating revenue for ACMR. This might be an incorrect assumption.

That's what punters (not investors) get for putting their money into backdoors like PLX and Snakk - from the same people who brought you Plus SMS!

[Brain]

I am sure you are right balance and you also Mikey but what happened to the principal of continuous disclosure. If Plexure say that ACMR is $10 M in January and it changes then Plexure should inform the market Pronto.

[Balance]

I am sure you are right balance and you also Mikey but what happened to the principal of continuous disclosure. If Plexure say that ACMR is $10 M in January and it changes then Plexure should inform the market Pronto.

Jan 2017 announcement could not be more clear : "Plexure Group Limited (Plexure) is pleased to announce a contracted Annualised Committed Monthly Revenue (ACMR) of $NZ10.142M. The growth in ACMR from the figure of $NZ7.1M announced at the Company’s Annual Meeting on 29 September 2016."

The market is fed a diet of 'good' news - GE, Samsung, growth in ACMR - with consequential spike in share prices, followed by selling down to lower levels.

NZX and FMA should be investigating but this is a backdoor job - so investors knew what they were getting into.

[Baa_Baa]

Truely ugly chart, weekly basis log scale. $0.004 currently at pre-consolidation price.

Attachment 8896

[Balance]

Truely ugly chart, weekly basis log scale. $0.004 currently at pre-consolidation price.

The better perspective of course is that VML listed at the equivalent of $1.75 back in 2012 - so just a resounding 95% decrease.

[Cobber]

The better perspective of course is that VML listed at the equivalent of $1.75 back in 2012 - so just a resounding 95% decrease.

And to think the NZX actually let this scum list on the main board. The $40 million market capitalisation requirement lasted about 5 mins.

[Baa_Baa]

And to think the NZX actually let this scum list on the main board. The $40 million market capitalisation requirement lasted about 5 mins.

NZX set a high bar for xfer from NZAX to NZX, question is how that bar was so conveniently achieved so soon allowing the transition? Manipulation? In any event the signs were questionable and the SP appreciation enabled the savvy few to cash in shortly afterwards for good gains, thereafter the rout set in and basically still holds sway now. Despite good results the market grows to distrusting the company, which then fails to achieve guidance and exacerbates the malaise. It was around that time that VML/PLX also transitioned from a high growth investment to a trading stock. Now it's trash stock, like junk bonds, set against a CEO commentary that is unsettling, signalling cashflow issues, escalating costs, distancing guardian angel Microsoft, flat revenue and ACMR, and considering buyout options. None of these inspire investors, quite the contrary. It's upsetting having to transform from supporter to sceptic, but having been once fully invested to completely out, profitably, watching from the sidelines is just as agonising, albeit less costly.

[winner69]

The ' road map' of a few years ago is now a 'pathway'

OK - save our way to profitability. Good strategy for a growth company


https://www.nzx.com/files/attachments/260905.pdf