Plexure does quite well on the Rule of Forty that many analysts use to come up with valuations. On that basis some would say that PLX trading at 4 times Revenues is really cheap.
The years of bad vibes associated with this company holding it back I reckon
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Unfortunately, I sold out when SP was weak a several weeks ago - I needed cash for my first home deposit so it was inevitable! Glad to see that PLX is doing well and current market cap at approximately 4 times of revenue sounds very cheap for them given its growth rates so far. However, I also understand Balance's advice of having a risk of being hugely dependent on a single customer which is Maccas for them. I think once PLX can show that it is capable of diversifying its customer bases, then it will be revalued to much higher multiples...... time will tell
Plexure does quite well on the Rule of Forty that many analysts use to come up with valuations. On that basis some would say that PLX trading at 4 times Revenues is really cheap.
The years of bad vibes associated with this company holding it back I reckon
Solid company with significant opportunities . People are forgetting they have a deal with White Castle that everyone seems to ignore and say they are dependent on McDonald’s all the time
Has been hints at further American contracts . I do wish their ikea and 7 eleven contracts yielded more
Reply With Quote
Originally Posted by Justin
Bookmarks