PHX

33.3%

3.0¢ pharmx technologies limited

New Lows, page-5

First 5 Last

Share
Profile

Follow
spider_webb

90 Posts.

1

01/04/18

20:24

Post #: 32161270
Share

Originally posted by spider_webb ↑

How long ago did Fred IT release their cloud offering, three and a half years ago?

In Telstra's last annual report, the reason for writing down their investment in Fred by $21 million: "The impairment charges are a result of changing industry conditions and competitive pressures within the pharmaceutical and aged care industries... which lead to a decrement in the cash flow projections".

Given that even Fred wasn't immune to the change in industry conditions with having a cloud offering, I think that all of this money and focus Corum is throwing at cloud isn't even going to put a dent in their downward spiral. I'd be very surprised if they are even considering the cost cutting measures you are suggesting, that's something that's probably going to hit them in the face 2 or 3 years from now when Corum Clear is not the silver bullet they were hoping for and cash flows remain stagnant...

It's going to take a lot more than this for Corum to come out ahead and there's no guarantee that any value at all is going to be generated for shareholders. It's going to be great for the pharmacies and consumers though.

We have a fair idea of how Fred IT, Minfos, Simple Retail/MediSecure are fairing... do we know how RxOne, Z Software and Mountaintop Systems are going?

This niche is way too crowded, especially given the crumbs they are fighting for... and there appears to be no competitive advantage remaining if Chemist Warehouse keeps taking market share from other pharmacies and keeps growing their own solution.

Expand

73 current Corum Group Australia employees just on LinkedIn alone, that's insane for a software company with revenues this small and considering they have absolutely given up on Ecommerce... there's no way they could possibly retain them all after Clear is out

COO Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

TNC

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Revolutionary inverter technology leads the clean energy charge

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Bitcoin: Current State of Play & Where to Next | Swyftx

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

There are more pages in this discussion • 14 more messages in this thread...

First 5 Last

Add PHX (ASX) to my watchlist

(20min delay)
Last 3.0¢		Change -0.015(33.3%)		Mkt cap ! $17.95M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.7¢	$371.0K	12.44M

Buyers (Bids)

No.	Vol.	Price($)
2	162500	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	225000	2

View Market Depth

No.	Vol.	Price($)
1	150000	0.030
1	200000	0.027
2	258498	0.026
1	140000	0.025
2	180000	0.021

Price($)	Vol.	No.
0.033	225000	2
0.035	73238	1
0.036	216001	1
0.039	240001	1
0.040	465742	3

Last trade - 15.50pm 09/08/2024 (20 minute delay)

PHX (ASX) Chart

New Lows, page-5

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Revolutionary inverter technology leads the clean energy charge

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Bitcoin: Current State of Play & Where to Next | Swyftx

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

New Lows, page-5

Top Stories

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Revolutionary inverter technology leads the clean energy charge

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Bitcoin: Current State of Play & Where to Next | Swyftx

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News