TSK - TASK Group Holdings

[porkandpuha]

Time to cut some losses I think and look for value elsewhere. Not going to sit around and “hope”.

There always seems to be an over reaction both ways to Plexure news when the market opens. May get a better price cutting the loss this afternoon if shes tanking on opening.

[Checkmate]

There always seems to be an over reaction both ways to Plexure news when the market opens. May get a better price cutting the loss this afternoon if shes tanking on opening.

true that. Maybe I’m better not to overreact, they still raised revenue 15% while times are tough...

[BlackPeter]

LOL - the one and only analyst researching Plexure (on market screener) has a "consensus" SP target of $1.58 and a straight "BUY"(10/10) recommendation.

Sort of wondering whether a review of this recommendation might be timely?

[Leftfield]

That's good leftie

Mine are 'free' as they say ..... but I could have made heaps if I had sold them and put cash into some winners ....... so opportunity cost has cost me

Crikey, we are both 'well positioned'..... our DCA well below the current options offered to staff!

See it here.

[Cadalac123]

That's good leftie

Mine are 'free' as they say ..... but I could have made heaps if I had sold them and put cash into some winners ....... so opportunity cost has cost me

This is a really important point. If you are going to buy and hold something remember that the actual dollar value you pay isn't the only "cost", but the opportunity cost is even more significant. If you have a system you can cut weaker plays and make back what you lost and more with something more volatile to the upside.

[BlackPeter]

Just wondering whether their presentation might be a bit disingenuous? They present across their slides lots of good and healthy looking slim young people. Wondering whether they borrowed the models from HLG? Wouldn't it be their ultimate business goal to turn all of them into a bunch of obese fatties? - I guess how else would you increase the turnover of any of their junk food producing customers? "Do you want an extra large portion of fatty fries and a bottomless sweet coke with that?".

[RupertBear]

That's good leftie

Mine are 'free' as they say ..... but I could have made heaps if I had sold them and put cash into some winners ....... so opportunity cost has cost me

Sadly mine aren't “free” And sadly I didnt sell any when they were at their peak, so that kind of sux but such is life.

I have decreased my holding today as I have learned the hard way that hope isnt a good investment strategy

[Arbroath]

Have to laugh at the degree of negativity on this thread. They have enough cash to support at least 4-5 years of cash burn. Imagine if in the next 12 months they just sign 2 new customers from the several they hope to come to fruition and revenue for FY22 is maybe $32-35m and the loss back down to maybe $2-3m....what will the punters think then...FY23 might be $40m revenue and breakeven again but with a growing business.

At 65cps the enterprise value of this business is only NZ$70m....seems like reasonable value to me if you think they can actually grow the business. Six months of disappointment does not mean they are a dead dog.

[BlackPeter]

Clever they issued that many additional shares, this reduces the loss per share : Still - Negative 4.6 cents per share, this is a 15% higher loss than as per analyst forecast. But hey - higher must be good, isn't it ?

[RupertBear]

Have to laugh at the degree of negativity on this thread. They have enough cash to support at least 4-5 years of cash burn. Imagine if in the next 12 months they just sign 2 new customers from the several they hope to come to fruition and revenue for FY22 is maybe $32-35m and the loss back down to maybe $2-3m....what will the punters think then...FY23 might be $40m revenue and breakeven again but with a growing business.

At 65cps the enterprise value of this business is only NZ$70m....seems like reasonable value to me if you think they can actually grow the business. Six months of disappointment does not mean they are a dead dog.

SP down 15% so the market is feeling a bit negative as well