TSK - TASK Group Holdings

[mfd]

As they told us at the time of the capital raise, they needed to invest in staff to get more customers. They are expecting to run at a loss for a year or two while this happens.

If the customers don't come, we'll be back in a familiar situation for those of us following the company for a while, where the company will have to shrink back to fit the customers they actually have.

If you're not up for the risk, best to sell.

[porkandpuha]

If you're not up for the risk, best to sell.

It would appear some have taken this advice today...

[Ggcc]

One thing for sure. They have a great stash of cash available

[forest]

[Oops, correction.

[forest]

Deleted post after Baa Baa reminded me of the latest cap raise. Thank you Baa Baa.

[Hello123]

Even if they sign a new customer now as winner said that might get you back to 1.20?

[yuj4]

back to 1.4 as above.

[BlackPeter]

They are still hiring new staff, if fail to obtain the new customer or new project, why they doing this? a bit weird situation.

https://www.plexure.com/careers/job-vacancies/

I used to work in a similar industry. Takes typically three months to find and hire people of this calibre, might be longer currently (no overseas hires possible) ... and another three months to bring them up to speed.

I am sure they plan (hope / whatever) for additional customers (no matter how concrete they are) - and they won't be able to wait with advertising until the ink under the potential contract is dry. Otherwise they have another at least 6 months delay.

[Cobber]

I used to work in a similar industry. Takes typically three months to find and hire people of this calibre, might be longer currently (no overseas hires possible) ... and another three months to bring them up to speed.

I am sure they plan (hope / whatever) for additional customers (no matter how concrete they are) - and they won't be able to wait with advertising until the ink under the potential contract is dry. Otherwise they have another at least 6 months delay.

They are a bit quiet on the Revenue Guidance front too. Last year they released that information on the 10th of Feb.

[Cobber]

Their revenue guidance could easily rocket the SP back up to $1.20. But it could also drop it down to $0.80.

Punters place your bets.