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22-05-2020, 09:53 AM
#3481
I'm intrigued that this Balance guy is bashing Plexure because it made a supposed "loss in the second half" while Serko, which it seems he is MASSIVELY bullish on, made a LOSS OF $866,000 in the FIRST HALF and is likely to make an even bigger loss in H2 due to travel restrictions (and likely struggle for the next year or so)... even had to postpone its results till June (must be a mess).
Nothing personal to him, i just think it's a bit ironic...
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22-05-2020, 10:01 AM
#3482
 Originally Posted by Checkmate
I'm intrigued that this Balance guy is bashing Plexure because it made a supposed "loss in the second half" while Serko, which it seems he is MASSIVELY bullish on, made a LOSS OF $866,000 in the FIRST HALF and is likely to make an even bigger loss in H2 due to travel restrictions (and likely struggle for the next year or so)... even had to postpone its results till June (must be a mess).
Nothing personal to him, i just think it's a bit ironic...
Whoever looks at profit for SAAS companies have got rocks in their heads...
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22-05-2020, 10:17 AM
#3483
Originally Posted by sb9
Same here too, didn't sell or buy any, if anything would like to buy more if price gets down to silly levels....may be I should join you in down ramp camp as well 
Why not!
This is a plaything for the backdoor boys anyway - pump ‘em up, sell ‘em down.
Looking like it’s headed back to 65c or lower now that the latest rampable news is out of the way.
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22-05-2020, 10:20 AM
#3484
Originally Posted by Balance
Why not!
This is a plaything for the backdoor boys anyway - pump ‘em up, sell ‘em down.
Looking like it’s headed back to 65c or lower now that the latest rampable news is out of the way.
Sure, will be waiting for that price or lower with my wallet ready for a top up...
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22-05-2020, 10:22 AM
#3485
Junior Member
Originally Posted by Balance
Why not!
This is a plaything for the backdoor boys anyway - pump ‘em up, sell ‘em down.
Looking like it’s headed back to 65c or lower now that the latest rampable news is out of the way.
What makes you think it'd go to 65c? Just a feeling?
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22-05-2020, 10:23 AM
#3486
Originally Posted by Checkmate
I'm intrigued that this Balance guy is bashing Plexure because it made a supposed "loss in the second half" while Serko, which it seems he is MASSIVELY bullish on, made a LOSS OF $866,000 in the FIRST HALF and is likely to make an even bigger loss in H2 due to travel restrictions (and likely struggle for the next year or so)... even had to postpone its results till June (must be a mess).
Nothing personal to him, i just think it's a bit ironic...
Nothing ironical - excellent point and it’s good you brought this up.
Key is recurring revenues.
The market will look past short term losses as long as a company is building up recurring revenues on a sustainable basis for the longer term.
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22-05-2020, 10:25 AM
#3487
Junior Member
Originally Posted by Balance
Nothing ironical - excellent point and it’s good you brought this up.
Key is recurring revenues.
The market will look past short term losses as long as a company is building up recurring revenues on a sustainable basis for the longer term.
PLexure had 68% recurring revenues and growing.
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22-05-2020, 10:33 AM
#3488
So then why are you so fixated on Plexure's insignificant H2 loss.. while it actually grew revenue by 50%.
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22-05-2020, 10:36 AM
#3489
Originally Posted by Checkmate
So then why are you so fixated on Plexure's insignificant H2 loss.. while it actually grew revenue by 50%.
Because most of the revenues are not recurring.
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22-05-2020, 10:41 AM
#3490
Junior Member
Hi balance good insights. When you say 'most' is that referring to the 30% that wasn't recurring?
Cheers
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