TSK - TASK Group Holdings

[jimdog31]

Loss = $4.4 million

Add back $1.7 professional costs (one off)
Forex Loss $0.5
Extra It costs $1m (one off guestimate)

6 months Loss Adjusted= $1.2 million

If they hadnt invested in people as heavy and kept things status quo for that 6 months

Add back $4.5 in extra staff costs

6 months Profit Adjusted= $3.3 million vs $1.2 million (19)

What would that have done for share price!

Not as bad as first looks. However, I really hope the extra $4.5 million in staff costs (6 months) is generating some major leaps in innovation or sales pipeline growth. That's a helluva big investment in people.

All in?

[winner69]

Trading halt

Wow ......announcement of THAT new customer

[Cobber]

Methinks this going to go down like a lead balloon

http://nzx-prod-s7fsd7f98s.s3-websit...013/334794.pdf

Jeez H2 revenues forecast to be about the same as last year ...shouldn’t mentioned that

Revenue slowing.... but worst of all... unprofitable.

[Cobber]

Loss = $4.4 million

Add back $1.7 professional costs (one off)
Forex Loss $0.5
Extra It costs $1m (one off guestimate)

6 months Loss Adjusted= $1.2 million

If they hadnt invested in people as heavy and kept things status quo for that 6 months

Add back $4.5 in extra staff costs

6 months Profit Adjusted= $3.3 million vs $1.2 million (19)

What would that have done for share price!

Not as bad as first looks. However, I really hope the extra $4.5 million in staff costs (6 months) is generating some major leaps in innovation or sales pipeline growth. That's a helluva big investment in people.

All in?

Forecasted loss of $10 million for the financial year??!! wtf??

[Cobber]

a$1.13/nz$1.20

I think these prices are too optimistic.

Staff costs have doubled, sales declining, forecasted losses set to blow out to $10 million for the year.... this story has gone backwards very very quickly.

I guess the capital raise gives them a window of 2 years to find new business quickly. Otherwise they will be back to the table looking for more money.

[winner69]

That Herbison done a lot of hyping lately ...doesn’t deliver much (so far)

[winner69]

Lot of ‘Re-architecting and modernising the platform’

Suppose necessary to stay in the game

[Chuckles]

So Gentlemen, are we going up or going down?

[sb9]

So Gentlemen, are we going up or going down today?

Nowhere, we're in 'trading halt'..

[Chuckles]

Yeah sorry I edited my post. Where do you think the SP will go after the TH?