Anyone know why orders aren't getting filled?
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Anyone know why orders aren't getting filled?
Organic growth recovering to trend (even allowing for growth decay) plus new big customers gives about $45m revenue in F22 - about 50% increase over F21
Anything less would be a major disappointment ...to the extent that everything they have said lately is a load of crap.
For the last 6 odd years - 90% of this companies revenue has been McDonalds.
They have tried to sell their wares to more brands outside of McDonalds over the years having done pilot tests which resulted in pretty much nothing.
What on earth makes you think they are now all of a sudden going to grow their client list??
The problem for them is that the brands they need who have big deep pockets, are on McDonalds restricted list.
There will never be any 50% growth... LOL... but keep talking it up... cos you all think the ASX investors are going to overlook the fact that this company is haemorrhaging big loses for the next few years. Look at what happened to LBY who recently listed on ASX. Massive growth, but IPO tanked. Good luck.
The large quick service restaurants are no longer on PLXs radar I assume - large supermarkets are.
So it all depends on the data from SuperIndo being so extraordinary that other supermarkets are compelled to use PLX.
Dunno if this will or won't happen. Time will tell...
If they can branch further to other areas - theme-parks have been mentioned here - then momentum will build.
Making payments through their app will be a major I think. Japan McD has this already - will other countries join in here?
People want one app to do everything voucher/discount of goods plus payment. Not having payment option through the app is the major turn off for customers.
Be interesting to see if PLX price model is attractive enough for companies to use this feature.
Selling to McDonalds is easy because they are the default supplier.
But when you have the CEO talking about being involved in a pitch for an account, that has also been sent to your competitors, right at the same time as a capital raise... it starts to scream desperation to me. Outside of that, there is a lot of people here throwing new markets around like they are a done deal. And then this is being built out into 50% growth... it's almost laughable if it didn't reek of the 'Pump and Dump' talk that use to go on in the crypto currency world.