Worry about profit when growth really slows. As long as they are prudent and dont do a Wynyard they should be building revenues quickly.
According to my rough calcs they are 100% undervalued.
$1m profit based on $17m rev - seems pretty light to me. Best result in years mind you. Hopefully this "platform upgrade" doesn't erode into too much of the next financial years results.
$1m profit based on $17m rev - seems pretty light to me. Best result in years mind you. Hopefully this "platform upgrade" doesn't erode into too much of the next financial years results.
Great work by the team at PLX...nice to see a profit again...still waiting for something similar from Xero the hero.
"A former partner at one of New Zealand's largest accounting firms has admitted failing to disclose an interest when buying a million shares in a company just a day after it landed a mega deal with McDonald's."
"A former partner at one of New Zealand's largest accounting firms has admitted failing to disclose an interest when buying a million shares in a company just a day after it landed a mega deal with McDonald's."
I see our mate Sean was mentioned in the article ...what’s he up to these days?
”When investors are euphoric, they are incapable of recognising euphoria itself “
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