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  1. #5881
    Speedy Az winner69's Avatar
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    What a sad half year announcement ….declining sales ……growing expenses ….much bigger loss

    Seems they had to ‘buy’ TASK to save the day …Plexure would have been a goner (broke) if they hadn’t …but know we just get get another round of stories (even case studies) as to how great the future is going to be

    Seems we have to have HUGE faith in this TASK guy if punters are ever going to see any progress


    Almost beyond hoping …praying might be a better strategy

    http://nzx-prod-s7fsd7f98s.s3-websit...957/359391.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #5882
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    IT costs from existing client activities also increased by 40% versus last year

    15 years working in the technology industry, this is quite a significant issue that they need to resolve. This tells me there was a lot of rework (defects) to make things work for their customers.

    Good luck to holders, I will be keeping an eye on their future reporting to see if they improve on their growth execution before dipping my toes in.

  3. #5883
    Speedy Az winner69's Avatar
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    Let’s clear the deck of NZ ……list as TASK on ASX

    Good idea

    More greater fools on the other side of Tasman
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #5884
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    Quote Originally Posted by winner69 View Post
    Let’s clear the deck of NZ ……list as TASK on ASX

    Good idea

    More greater fools on the other side of Tasman
    I feel they might end up doing that exactly for that reason. More money not the fools part

  5. #5885
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    Imagine if the task transaction hadnt happened?!?? what an absolute joke of a company!

  6. #5886
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    Quote Originally Posted by fiasco View Post
    IT costs from existing client activities also increased by 40% versus last year

    15 years working in the technology industry, this is quite a significant issue that they need to resolve. This tells me there was a lot of rework (defects) to make things work for their customers.

    Good luck to holders, I will be keeping an eye on their future reporting to see if they improve on their growth execution before dipping my toes in.
    Yeah, this stood out for me as well.

    An increase in the volume of users hasdriven up platform activity, resulting inincreased platform hosting costs andadditional support and maintenancecosts of $5.6 million (up 40% on PCP).
    Yet there was only a $1.1M increase in licensing revenue. Makes me wonder what will happen if the volume of users continues to increase.
    Last edited by kappa; 17-11-2021 at 09:39 AM.

  7. #5887
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    Sheesh not good reading. Did anyone manage to find any good news in the report?

    I had this on my watchlist as a potential buy but happy to stay on the sideline a bit longer now...

  8. #5888
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    Quote Originally Posted by shwatch View Post
    Loss worse than last year, looks like TASK winning more business and kicking the old Plexure strategy into touch with more ancillary bolt-ons to existing relationships like Pita Pit.

    Could this be the true dawn post capital raise or another wasted opportunity?
    If listed only as Task, what would that do to PX1 shareholders and the SP?

  9. #5889
    Legend Balance's Avatar
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    Quote Originally Posted by fiasco View Post
    IT costs from existing client activities also increased by 40% versus last year

    15 years working in the technology industry, this is quite a significant issue that they need to resolve. This tells me there was a lot of rework (defects) to make things work for their customers.

    Good luck to holders, I will be keeping an eye on their future reporting to see if they improve on their growth execution before dipping my toes in.
    McD deal is bleeding PX1 and will continue to bleed the company until the Plexure side of the business is gutted.

  10. #5890
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    What the muck have the fish heads been doing over the last couple of years , Phi! please explain !!?

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