Maccas at all time highs on the DOW. Same store sales are booming. I think when they turn on the loyalty app features this will continue. Interested to know the PLX tie (USA roadmap) up but this reinforces the recent turn around.
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Maccas at all time highs on the DOW. Same store sales are booming. I think when they turn on the loyalty app features this will continue. Interested to know the PLX tie (USA roadmap) up but this reinforces the recent turn around.
Very positive news this morning. Big step for the CEO to step down but like the way they are doing it. I reckon this is one to watch for the next 2 years. Slow path to convert customers but low churn and a very innovative product.
Successful capital raise. Cash flow positive. Big clients (albeit small contracts).
And still no love.
Maybe my heart is just too big!...or brain too small?
He needed to go. Paid himself a big salary for what is essentially a start-up. Diluted shareholders holdings with numerous capital raising which were required for massive losses. Getting your cost structure wrong on AZURE was another big fail.
They have had a bit of growth in the current 6 months.... but we have seen over the years their growth is patchy. So what the next 6 months could be is anyone's guess.
Finally it's great they are getting to profitability - but the question is now.... what kind of margins will they have. Considering they are in software.... surely its got to be in the 40% range.... so they gotta be targeting upwards of $300k profit per month.
PLX... Good move for him to step down and good results to boot, here's hoping the SP will start to pick up again.. up 25% on the announcements. Let's see what's in store for 2018/19.
DISC. Holding, but an eye sore in my portfolio
https://www.nzx.com/companies/PLX/announcements/308549
July 2014 - when the sp dropped from 47.5c to 32.5c, and from a high of $1.125 earlier inn the year. Now 10c.
Company is not involved but a senior contractor was alleged to be involved in insider trading.
So these guys are not bleeding money anymore. Have they turned the corner?