TSK - TASK Group Holdings

[macduffy]

Could be profit-takers, non-believers. I did expect it to come off at some point. Down almost 20% from highs of 1.06 recently. Can't see it going below 80c IMHO. The chart implies 86c is support if the current uptrend continues.

Remember the CEO said they'd make a forecast in a few weeks, which, based off the comments in the annual report and subsequent media it should be good.

I get a bit nervous when I read about "believers" and "non-believers". It sounds too close to "being in love " with a stock, which some very successful investors warn against, from time to time!



Disc: Following but not holding.

[Justin]

I believe it is just the general market bringing them down. Also Shareclarity has a DCF valuation of 53Cents... it is posted on the Plexure Ticker for all Direct Broking clients to see when they check the price too...

53cents = about 74million market value minus about 14m cash on hand = 60million divide by 1 million profit = 60 P/E Emmm Fair enough.

[Checkmate]

53cents = about 74million market value minus about 14m cash on hand = 60million divide by 1 million profit = 60 P/E Emmm Fair enough.

Might wanna try using a different kind of ratio than price to earnings mate. Any good analyst will tell you that price to earnings ratio is not so viable for a “growth” company.

[Justin]

Might wanna try using a different kind of ratio than price to earnings mate. Any good analyst will tell you that price to earnings ratio is not so viable for a “growth” company.

Maybe there are no accurate way, all about believe, in plexus we trust , haha

[winner69]

Maybe there are no accurate way, all about believe, in plexus we trust , haha

It’s the power of a story drives corporate value, adding substance to numbers and persuading even cautious investors to take risks.

Plexus obviously has a story.

[blobbles]

53cents = about 74million market value minus about 14m cash on hand = 60million divide by 1 million profit = 60 P/E Emmm Fair enough.

You need a different yard stick for SaaS companies. Lots of good resources out there to measure SaaS companies worth.

If you were using only PE, then Xero should be worth what? $80 SP / 0.01 earnings per share? 8000?

[Nigelk]

I'm moving some money from PPH to PLX.
At 4 and a bit times revenue, plus cash, for profitable company having healthy growth, I think it's a better buy.

[King1212]

Craig is planning something big.. people. Be patient n should be paid off.

Follow the money....Master Winner is here....what could go wrong?

Made good money followed Master winner ...

[Justin]

Might wanna try using a different kind of ratio than price to earnings mate. Any good analyst will tell you that price to earnings ratio is not so viable for a “growth” company.

You need a different yard stick for SaaS companies. Lots of good resources out there to measure SaaS companies worth.

If you were using only PE, then Xero should be worth what? $80 SP / 0.01 earnings per share? 8000?

I don’t think plx can compare with xero ,just like you don’t think plx can compare with pph, and 0.53 not from me actually from Shareclarity.

[Brain]

I believe it is just the general market bringing them down. Also Shareclarity has a DCF valuation of 53Cents... it is posted on the Plexure Ticker for all Direct Broking clients to see when they check the price too...

Applying DCF to Plexure at this stage is total nonsense. Future cash flow prediction will be influenced by the bias of person doing the prediction. DCF is only useful when a company has a history of cash flow either stable declining or increasing. Even with reliable data the result will still be effected by the judgement or bias of the analyst.