Bit of action with Plexure today. I have been underwater on this one for quite some time. If the enthusiasm for this stock continues I might be able to use a snorkel instead of Scuba.
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Bit of action with Plexure today. I have been underwater on this one for quite some time. If the enthusiasm for this stock continues I might be able to use a snorkel instead of Scuba.
I'm glad to see Scott Bradley has exited this business. The results for the last 6 months are quite remarkable.
https://www.nzx.com/announcements/318689
I like it that the puffery NZX announcements have ceased with a focus on letting the results speak for themselves. I'm picking they are heading into profit for the next financial year.
Dipped my foot in here today, see what happens r they good or r they still like the V _ mob !!
My opinion is VMob was Scott Bradley. Costs were out of control, lots of puffery PR, bloated salaries but a good product.
Came crashing down last year when Azure costs skyrocketed. Scott Bradley left. New management came in. Some pretty good talent with experience selling software to multiple regions around the world.
Costs are now under control, they have growth and there is a focus on getting to profitability which looks achievable now in the new financial year.
I'm picking we won't hear much from them this year. They seem happy to let the numbers speak for themselves which gives me time to acquire more stock over the coming 6 months :)
I'm also thinking of acquiring more of this stock. Have been reading up on the Internet of Things and it's where this company is. Could we see this stock do the same thing as Serko? Was at 10 cents for quite a while, and now look at it.
Their McD's relationship is extremely strong. Company is very undervalued in my opinion. Single customer risk but also providing immense value to this one customer. Also the mobile ordering app is launched so if they monetise correctly should see great growth. In a nutshell they are providing an extra layer of consumer eating habits for leverage.
Would love to know US McD's intentions. Any serious uptake would double PLX overnight.
How interesting...isn't this the same individual who bought into ikeGPS?
That's a big bet...vote of confidence perhaps? Price is $0.20 per share...
ubstantial product holder(s) giving disclosure: Full name(s): Scobie Ward Summary of substantial holding Class of quoted voting products: Ordinary shares (PLX.NZ) Summary for: Scobie Ward For this disclosure,-- (a) total number held in class: 9,840,858 (b) total in class: 113,057,910 (c) total percentage held in class: 8.70%
The Flip side to the above post on Scobie Ward buying is that the Bradleys sold down their shareholding. I guess one of the parties must be right.