TSK - TASK Group Holdings

[Toulouse - Luzern]

Is this an organisation making more money for their customers than themselves?

[Leftfield]

Yes, remember the good old days when we were wondering how to spread our funds across the exciting newbies PEB, WYN and GTK to get the biggest bang for our buck? Must be by now something like 10 years ago. One of them (WYN) lost all of the shareholder funds and the other two are - while still around - both ways under their IPO prices.
But hey, this time it will be different ;

I also remember the 'old' days of ATM and XRO. Indeed much of my time is spent looking for 'the next XRO or ATM'.

It's interesting that PEB first entered my 'watch list' on 7 Jan 2013. At that time it was 67c. v yesterdays price of 67c!!
(ATM up 3,700% in the same time).

PLX entered my watch list more recently, 1 Oct 2018 at 17.5c. Since then the SP has grown 711%.

So in the comparison between PEB and PLX, at this stage PLX is a clear winner (as it is in my portfolio) HOWEVER as we all know, the past doesn't always predict the future.......

(Disc - hold both)

[Justin]

I also remember the 'old' days of ATM and XRO. Indeed much of my time is spent looking for 'the next XRO or ATM'.

It's interesting that PEB first entered my 'watch list' on 7 Jan 2013. At that time it was 67c. v yesterdays price of 67c!!
(ATM up 3,700% in the same time).

PLX entered my watch list more recently, 1 Oct 2018 at 17.5c. Since then the SP has grown 711%.

So in the comparison between PEB and PLX, at this stage PLX is a clear winner (as it is in my portfolio) HOWEVER as we all know, the past doesn't always predict the future.......

(Disc - hold both)

I think a major event must happen to trigger the stock price to go up, like McDonald’s purchase 10% of PLX. And PEB on the way as well.

[Justin]

Is this an organisation making more money for their customers than themselves?

Look like lose money to serve their customers at current period

[mfd]

There is a clear runway for growth, and the recent growth in expenses is preparing for that. McDonald's will provide the growth for now, but here's an interesting fact - the parent company of super Indo (Ahold Delhaize) is far larger by revenue than McDonald's - revenue of over 60 billion euros Vs McDonald's 20 billion dollars. If Plexure do a good job with super Indo and can spread through the associated supermarket chains across the world, there is enormous potential. Super Indo have 171 stores, the wider group has nearly 8,000.

Secondly, we were told in the recent update a significant number of new hires was into sales and marketing. This company is not standing still, they are actively looking to sign up new companies.

[bull....]

Look like lose money to serve their customers at current period

yes it was not a good result. to expand on what i said yesterday even though sales are up 18% first quarter based on comparable revenues $ last year if you factor a full year result based on comparable i get only a 6 - 7% increase in sales for the full year this would be a marked decrease in sales growth. they will need to increase sales hugely the remainder of the year to beat last years increase in sales.
actually the smoothed trend of sales growth is flat since 18.

so at todays prices at the rich p/e of greater than 150 theres a lot growth factored into the price so they need to deliver. also remember the price is inflated due to nasdaq bull market so when that pops one day plx will go down with it. all very important risks to aware of.

[Justin]

yes it was not a good result. to expand on what i said yesterday even though sales are up 18% first quarter based on comparable revenues $ last year if you factor a full year result based on comparable i get only a 6 - 7% increase in sales for the full year this would be a marked decrease in sales growth. they will need to increase sales hugely the remainder of the year to beat last years increase in sales.
actually the smoothed trend of sales growth is flat since 18.

so at todays prices at the rich p/e of greater than 150 theres a lot growth factored into the price so they need to deliver. also remember the price is inflated due to nasdaq bull market so when that pops one day plx will go down with it. all very important risks to aware of.

PE on negative now

[Hello123]

https://www.youtube.com/watch?v=ZEB_7C7eb-8

[bull....]

PE on negative now

yahoo says 201 , gee im low at 150 odd lol so according to yahoo your paying 200 years of earnings today to buy at this price

https://nz.finance.yahoo.com/quote/PLX.NZ/news/

[Justin]

yahoo says 201 , gee im low at 150 odd lol so according to yahoo your paying 200 years of earnings today to buy at this price

https://nz.finance.yahoo.com/quote/PLX.NZ/news/

The increase in costs due to growth investment has resulted in a loss before interest, tax, depreciation and amortisation of $1.1 million for Q1 FY21.

Yahoo still use the data from Fy2020