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  1. #3771
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    Quote Originally Posted by BlackPeter View Post
    Just lets face it: Nobody is able to predict future stock prices. NOBODY. This is true for professional analysts as well as for any investor. Including all of us. Some are lucky, some are not, and most of us get it sometimes right and sometimes wrong. Same as the analysts.
    Fair point but my biggest losses, other than GTK which I bought at IPO and continued to hold when I should have sold, are all from expert advice on investments

  2. #3772
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    I seem to recall PLX being on a number of those stock pick lists. About 5 years ago though.

  3. #3773
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    Quote Originally Posted by tango View Post
    Fair point but my biggest losses, other than GTK which I bought at IPO and continued to hold when I should have sold, are all from expert advice on investments
    Lets face it,investing is gambling on future circumstances. We can but try to adjust the odds through research and analysis

  4. #3774
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    A million $ before midday... I thought we were approaching a Friday pullback but obviously not. Maybe the tech hysteria in the states is helping.

  5. #3775
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    Quote Originally Posted by sommelier View Post
    A million $ before midday... I thought we were approaching a Friday pullback but obviously not. Maybe the tech hysteria in the states is helping.
    Looks like a pretty sold sell wall at 1.53-1.56 might pull back a bit?

  6. #3776
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    Quote Originally Posted by sommelier View Post
    A million $ before midday... I thought we were approaching a Friday pullback but obviously not. Maybe the tech hysteria in the states is helping.
    probably look at some of the tech names on the asx going ballistic. just the other day one i had 5gn doubled in price virtually over a week. so i think plx on asx would be good
    one step ahead of the herd

  7. #3777
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    Solid resistance at 1.50.

  8. #3778
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    Not bad for sell off Friday. Was expecting more early 1.40s.

    Again, just a few weeks ago this was priced at 0.97. This has been a great journey. I was thinking though, still no sales guidance from the CEO.. haha

  9. #3779
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    Quote Originally Posted by keenkiwiflyer View Post
    Not bad for sell off Friday. Was expecting more early 1.40s.

    Again, just a few weeks ago this was priced at 0.97. This has been a great journey. I was thinking though, still no sales guidance from the CEO.. haha
    Yes same here 1.50 is more than enough of an increase till the AGM on 2nd of September.

  10. #3780
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    PLX have a solid product/solution offering, and a concern with PLX is the extent to which their product is easily scalable, given the level of customisation necessary at an individual customer level (and therefore investment of labour at an individual customer level to sell, design and deploy) - vs Xero/Pushpay as counter-examples who have a SaaS product offering that just scales more easily and investment in the product occurs moreso at a generic product level. Hence, I have my reservations on the PLX SP having a large multiple applied to it - but again, I could be completely incorrect and eating humble pie in future!

    Discl: tracking the stock and had some strong interest in acquiring @ ~$1 but did not purchase (unfortunately) and do not hold any currently.
    Last edited by Mel; 31-07-2020 at 03:00 PM. Reason: spelling

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