PLT 2.78% 74.0¢ plenti group limited

Ann: Half Year Report and Accounts , page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. TTH
    1,255 Posts.
    Decan,

    Whilst skepticism is healthy, remember that due diligence has been done on the company by both of the large-scale manufacturers in Malaysia and Poland, who are currently tooling up for massive production runs (at their cost). They didn't want to talk to the company a year or two ago, but they've now taken them on after checking out the worldwide demand for TruScreen, which is currently hamstrung by the supply-chain issues for SUS supply (which the manufacturers will obviously sort out). They wouldn't have passed the due diligence stage if the demand was 'thin air'.

    As for your assertion that the "PLT board and management are yet to deliver on any of their promises" ... they have sold and delivered almost a third of the TruScreen devices required to get to break-even. It is more than plausible that you need to hold back sales if you can't supply the consumables to keep them running ... to me this indicates they are systematically doing what has been their primary focus ... to get TruScreen out there, ASAP. The trouble is it hasn't been as soon as we would all like, but that is about to change.

    You've got your skepticism, I've got my optimism ... each to their own, time will tell.

    By the way, I've heard some very negative things about GBI in recent times, which I thought it best not to post ... some rumours or speculation are best left unpublished.

    Cheers.
 
watchlist Created with Sketch. Add PLT (ASX) to my watchlist
(20min delay)
Last
74.0¢
Change
0.020(2.78%)
Mkt cap ! $129.7M
Open High Low Value Volume
72.0¢ 74.0¢ 72.0¢ $40.16K 54.64K

Buyers (Bids)

No. Vol. Price($)
1 10000 71.0¢
 

Sellers (Offers)

Price($) Vol. No.
74.0¢ 5532 1
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
PLT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.