-
30-04-2019, 08:08 AM
#2471
Originally Posted by whatsup
No nor so when tis backed by research, did you read the article, my only comment is the I wouldn't have put those numbers in , $2.00 seems pretty heady but then so did $10 for ATM a year or so back!
Yup - and Snakk was worth at least $1.00, remember?
-
30-04-2019, 08:12 AM
#2472
Originally Posted by Balance
Yup - and Snakk was worth at least $1.00, remember?
Bal, Please book mark this date, nough said.
-
30-04-2019, 08:45 AM
#2473
Originally Posted by Balance
Whats the difference with PLX? Backdoor.
Yes, was of that opinion until Maccas bought into this company. Think they may have turned a corner with that backing from such a big corporate. Anyway, time will tell.
PS - Unless they dramatically change fortunes, its never going to be $2, however in saying that it might reach $0.90 target within a year or two if all goes as per plan.
-
30-04-2019, 08:54 AM
#2474
Originally Posted by sb9
Yes, was of that opinion until Maccas bought into this company. Think they may have turned a corner with that backing from such a big corporate. Anyway, time will tell.
PS - Unless they dramatically change fortunes, its never going to be $2, however in saying that it might reach $0.90 target within a year or two if all goes as per plan.
I have seen big companies like IBM put money (yes, that's the correct term - rather than investing) into small companies so that these companies continue to develop the software & service for them - until the inevitable happens.
Suggest some of you do a bit more research into why a multi-billion corporation like Maccas put a piddly $5m (rounding difference) into a company.
-
30-04-2019, 09:03 AM
#2475
Last edited by minimoke; 28-06-2019 at 02:00 PM.
Reason: Deleted by Minimoke due to SDMOD censorship
-
30-04-2019, 09:05 AM
#2476
Originally Posted by minimoke
MacD's bought 13.8m shares (so it is in essence an "investment") in exchange for trade restraints against certain named MacD competitors.
The other option could have been to provide $5m worth of contracting work to PLX - but obviously that wasnt there preferred strategy.
Why pay full price when you have got the software development & servicing contract at 'bargain' price?
Seen it all before.
-
30-04-2019, 09:07 AM
#2477
Member
Whatever Macca's intention of investment in PLX was, its importance is that it has removed PLX's biggest risk which was to lose their biggest customer. Now with their biggest source of income hanging there stable and for longer, future is up to their development of technology and new customers to be signed up. In my opinion, they should be good enough to be valued at 90c at this moment. It is just a matter of favoured by the market or not....
-
30-04-2019, 09:09 AM
#2478
Originally Posted by pg0220
Whatever Macca's intention of investment in PLX was, its importance is that it has removed PLX's biggest risk which was to lose their biggest customer. Now with their biggest source of income hanging there stable and for longer, future is up to their development of technology and new customers to be signed up. In my opinion, they should be good enough to be valued at 90c at this moment. It is just a matter of favoured by the market or not....
Therein lies your answer - Macca has got the upper hand and what did Maccas do?
-
30-04-2019, 09:12 AM
#2479
Member
Originally Posted by Balance
Therein lies your answer - Macca has got the upper hand and what did Maccas do?
Yup, they lost new potential customers in the fast-food restaurant industry but their customers have not been in this industry only such as Ikea and 7 Elevens. That's why I put the technology development before the new customers. Macca's investment could be beneficial to PLX's reputation as well.
Last edited by pg0220; 30-04-2019 at 09:14 AM.
-
30-04-2019, 09:17 AM
#2480
Last edited by minimoke; 28-06-2019 at 02:01 PM.
Reason: Deleted by Minimoke due to SDMOD censorship
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks