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  1. #2151
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    Quote Originally Posted by mikeybycrikey View Post
    Capital raise announced yesterday: https://www.nzx.com/companies/PLX/announcements/294647

    $300k!!! Wow!!!. I guess that's the next two weeks covered.
    Interesting that the 'placement' was at 24c v current SP of 19c and the new 'investors' already 21% in the red.

  2. #2152
    Alley Cat Brain's Avatar
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    Quote Originally Posted by Left field View Post
    Interesting that the 'placement' was at 24c v current SP of 19c and the new 'investors' already 21% in the red.
    If you tried to buy over a million shares on market I think you would seriously effect the share price so it is probably a Good way of getting a large holding

  3. #2153
    Speedy Az winner69's Avatar
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    Festive season here, suppose everybody already left the office for the year

    Some were expecting an update on how ACMR was going by now.

    Is no news bad news?

    Wasn't it going to be $10m by now?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #2154
    Membaa
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    Quote Originally Posted by winner69 View Post
    Festive season here, suppose everybody already left the office for the year

    Some were expecting an update on how ACMR was going by now.

    Is no news bad news?

    Wasn't it going to be $10m by now?
    That's right, expecting ACMR update vs guidance of $10m by end Dec, that's next Friday 30th at the latest, four trading days left and the Friday is abbreviated hours, as is today.

  5. #2155
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    Quote Originally Posted by Baa_Baa View Post
    That's right, expecting ACMR update vs guidance of $10m by end Dec, that's next Friday 30th at the latest, four trading days left and the Friday is abbreviated hours, as is today.
    Now that we know the growth strategy for PLX is proving more difficult for them than planned, managing costs is the only thing I would be watching. ACMR will be what it is.

    Any growth in revenue is usually matched in a growth in costs with these guys. But the costs are the difference between these guys actually existing and a forced fire sale. Right now they are close to living pay-cheque to pay-cheque. They are a looooong way from standing on their own 2 feet.

    I predict 2017 will be make or break for them.

  6. #2156
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Baa_Baa View Post
    That's right, expecting ACMR update vs guidance of $10m by end Dec, that's next Friday 30th at the latest, four trading days left and the Friday is abbreviated hours, as is today.
    Doubt we will hear anything until mid Jan at the earliest now - won't they all be taking a well deserved break

    And probably want to avoid reporting 'contracted' ACMR and need to wait until the cash flows start on new contracts before coming up with a number.

    Been no news of new business for a couple of months now.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #2157
    Speedy Az winner69's Avatar
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    Hope nothing sinister about resignation of Director Carden

    Another Director Cook will be hoping that this will be a better year for 2 of his jobs - Plexure and Veritas. Must be a bit disheartening going to those Board Meetings
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #2158
    Speedy Az winner69's Avatar
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    Goodness gracious me - up from 19 cents to. 31 cents in a couple of days

    That ACMR must e over $10m - announcement next week?


    Improved my position on stocktastic this year - but would have been better if it had happened after Jan 8th
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #2159
    Speedy Az winner69's Avatar
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    Ah so - another McDonald's contract

    $1.1m of ACMR

    I see they use the words 'contracted ACMR' - save the confusion between real ACMR which stsrtsvto count when the cash starts flowing
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #2160
    Divorced from logic Hectorplains's Avatar
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    Quote Originally Posted by winner69 View Post
    Ah so - another McDonald's contract

    $1.1m of ACMR

    I see they use the words 'contracted ACMR' - save the confusion between real ACMR which stsrtsvto count when the cash starts flowing
    They're quite leaky, eh.

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