TSK - TASK Group Holdings

[Justin]

Highly optimistic if we expect one or two big customers to turnaround the tax loss within the next year. I expect the ASX listing may provide some moderate upward pressure on the share price (I'm hoping).

hi Mel currently we got customers include Macdonald, White Castle, Loyalty NZ, Super Indo,7-11 Australia and IKEA, and they provide FY21 forecast revenue guidance of $29.1 million, an increase of 14% on FY20 revenues of $25.5 million.why make you so optimistic another one or two new customers will make them turn profit? And another question is why they did not sign the new contract before increase the headcount, is it a bitter of overstepped?

[Alpha]

Hi Justin, I am not the grammar police but can you please edit your post to read a bit clearer. My tired eyes hurt

[CamNZ]

hi Mel currently we got customers include Macdonald, White Castle, Loyalty NZ, Super Indo,7-11 Australia and IKEA, and they provide FY21 forecast revenue guidance of $29.1 million, an increase of 14% on FY20 revenues of $25.5 million.why make you so optimistic another one or two new customers will make them turn profit? And another question is why they did not sign the new contract before increase the headcount, is it a bitter of overstepped?

They're increasing the headcount to support innovation and customer expansion. It is a decision necessary to stay competitive.

And keep in mind that many technology companies run deep into the red in their beginnings, profit is less of a concern than revenue. The main concern for this company is whether it can generate new business to maintain and deliver growth.

[Justin]

Hi Justin, I am not the grammar police but can you please edit your post to read a bit clearer. My tired eyes hurt

They're increasing the headcount to support innovation and customer expansion. It is a decision necessary to stay competitive.

And keep in mind that many technology companies run deep into the red in their beginnings, profit is less of a concern than revenue. The main concern for this company is whether it can generate new business to maintain and deliver growth.

The forecast revenue growth slow down to 14% in 2021 compare with 51% in 2020 and 44% in 2019.

As a high growth tech company why 2021 growth rate slow down dramatically? Current customers do not have potential to growth more?

Hi alpha, sorry for the grammar.x.

[Hello123]

hi Mel currently we got customers include Macdonald, White Castle, Loyalty NZ, Super Indo,7-11 Australia and IKEA, and they provide FY21 forecast revenue guidance of $29.1 million, an increase of 14% on FY20 revenues of $25.5 million.why make you so optimistic another one or two new customers will make them turn profit? And another question is why they did not sign the new contract before increase the headcount, is it a bitter of overstepped?

Mel is saying its very optimistic of someone to think one or two big customers will turn around the loss within this year not that she thinks it will.

When it comes to increasing head count before signing with new customers its better to be over prepared then under prepared and Im sure we can also take some comfort in that they are confident that they will sign on some new customers if they are preparing like this ahead of time.

Question is how "Major" will those customers be.

[Leftfield]

Oversubscribed......

Plexure Group Limited (Plexure) is pleased to announce that its NZ$5 million
share purchase plan (SPP) has closed and was oversubscribed. The SPP
received strong shareholder support with Plexure receiving applications
exceeding the offer size of NZ$5 million.

The SPP forms part of the approximately NZ$37 million capital raising
announced on 11 November 2020.

Applications under the SPP will be scaled by reference to existing
shareholdings as at 5pm on the record date (10 November 2020). Surplus
application amounts will be refunded in accordance with the terms of the SPP
Offer Document dated 13 November 2020.

[Hello123]

Oversubscribed......

Plexure Group Limited (Plexure) is pleased to announce that its NZ$5 million
share purchase plan (SPP) has closed and was oversubscribed. The SPP
received strong shareholder support with Plexure receiving applications
exceeding the offer size of NZ$5 million.

The SPP forms part of the approximately NZ$37 million capital raising
announced on 11 November 2020.

Applications under the SPP will be scaled by reference to existing
shareholdings as at 5pm on the record date (10 November 2020). Surplus
application amounts will be refunded in accordance with the terms of the SPP
Offer Document dated 13 November 2020.

No problem we can currently buy at the same price.

[Alpha]

Hopefully they are quick at refunding the money before this takes off as I would like to buy some more at current level

[Hello123]

https://www.cmo.com.au/article/68460...ermarket-wars/

[winner69]

https://www.cmo.com.au/article/68460...ermarket-wars/

That Magic Quadrant working out well.