PLY 0.83% 59.5¢ playside studios limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

  1. 310 Posts.
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    No surprise about a good 4C. Prop to the Board for not letting costs overflow: advertising costs look stable, staff costs look ok, given a new studio in the Gold Coast and the current staff shortage in Oz which led to wage inflations. $40m at the bank as at the end of Mar, comfortable. The BEANs project timeline looks interesting/progressing well. They've been quite active on ** over the past couple of days, i.e. giving Pets to existing Bean holders ...

    Meta/Facebook was up over 15% after market last night after reporting. Microsoft was also up 4% post result. Seems like some of these tech stocks have been oversold and rallied on the back of a good report. Will be interesting to see how PLY does today.
 
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