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18-03-2020, 12:15 PM
#3191
It won’t affect revenue guidance for May said it here first
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19-03-2020, 09:58 AM
#3192
Risk Manager for FTX
https://www.nzx.com/announcements/350240
Good update, will be interesting to see what size the profit is. Given from past updates this will probably jump a few days then get hammered down with the market.
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19-03-2020, 10:05 AM
#3193
Called it. Glad topped up at 0.39
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19-03-2020, 10:51 AM
#3194
Originally Posted by Cadalac123
Called it. Glad topped up at 0.39
Well done! I almost bought some at $0.41 but chickened out
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19-03-2020, 10:53 AM
#3195
Member
Mr market need to know how and will covit19 affect their business . And there are nothing in this update.
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19-03-2020, 11:48 AM
#3196
14 million cash and a profit in year 2020. They make it clear they can manage their costs through this period. If Mcds close their branches world wide PLX would have a problem. People will continue to eat. Maybe they won't eat out as much as usual, but I can't see this being catastrophic for an IT support industry. I have bought back in.
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19-03-2020, 12:08 PM
#3197
Member
Actually I see many mcds in Europe and America suggest their customers to order and pay via their app and drive through or pick it up contactless
Last edited by Justin; 19-03-2020 at 12:14 PM.
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19-03-2020, 12:15 PM
#3198
Originally Posted by Justin
Actually I see many mcds in Europe and America suggest their customers to order and pay via their app and drive through or pick it up contactless
Agreed, takeaways will be the way forward. Don't forget Mdconalds is on Uber eats too
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19-03-2020, 12:28 PM
#3199
Apparently long drive in queues at fast food joints in US. People at home driving to get food then going back home. Will it substitute walk in traffic - no, but it will have limited downside.
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19-03-2020, 12:32 PM
#3200
Member
Originally Posted by silverblizzard888
Agreed, takeaways will be the way forward. Don't forget Mdconalds is on Uber eats too
in recession period, if ppl like to save delivery fee and get some bargain, they will use mcd app instead of Uber eats
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