The NZX50 ended the day up 0.53% to 11,290.34 points. The telco's share has shed 37 per cent since May last year. Plexure (ASX:PX1) has listed on the ASX this morning. This is buoyed by announcements that indicate a positive direction for their business: These developments have been received warmly by shareholders, boosting market interest in Plexures future. DISCLOSURE: InvestSMART Group Limited employees may have an interest in the . 90% Upvoted. PS: Have a question on the markets? No person should rely on On Monday, the US share market dropped by 3.9 per cent and the S&P index regarded as one of the best measurements to track the US share market confirmed it was in a bear market. Why has the [NZX:PLX] share price risen? Plexures current price-to-book ratio is overvalued 8.7x compared to the NZ software industry average of 2.5x. The weakness in the CSL share price today has been driven by a broad market selloff following a very poor finish to the week on Wall Street. 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Today, the S, Going quietlyAs Gaurav Sharma proved this week, employment disputes that go public can get pretty messy.The generally preferred route is a lump sum payment to the aggrieved party in exchange for silen, A lolly mixture of earnings results ranging from petroleum, telecommunications and property were released today but it was energy stocks that helped pull New Zealands market hig, Plexure will shift its primary listing to the Australian stock exchange and be renamed Task Group Holdings, completing a reverse takeover that began last August. Data on this page is from BusinessDesk and NZX Ltd for information purposes Cant find anything on the news about it afyer doing some research. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Consider this: Over the last 20 or so years, the S&P 500 produced an average annual return of around 6%. Plexure Group Limited [NZX:PLX] has benefited from a bullish announcement today, seeing its share price surge by over 8%. share. To our existing and prospective investors, here's where you find everything pertaining to our investor community. . Welcome. The individual was formerly engaged in a senior role in the company, the regulator said, and the alleged trading occurred in July 2014. In September, Plexure shareholders voted in favour of a merger deal with transaction platform Task, shelling out A$90m of new Plexure shares and A$30m in cash for the acquisition. Complaints about the electricity market are intensifying, but there are questions over whether any solution would cause more harm than good. It has emerged as the leading location-based marketing providers in the Asia-Pacific market since the first platform was launched in 2010. "Following this, Plexure will address further synergies, including platform efficiencies and overhead reductions, including a potential consolidation into a single exchange listing," the company said. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. . Salaries posted anonymously by Plexure employees in Auckland, New Zealand Area. Description. AU$0.29 0.00 0.00%. It has a market capitalization of NZ$154m, which means it wouldn't have the attention of many institutional investors. However, in recent news, last week, the company was ordered to pay a $0.65 million penalty for a disclosure breach. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. 1,400,000. Plexures share price is currently $0.99, and its market capitalisation is $138 million. The Company provides a cloud-based data platform which integrates with the retailers' own smartphone apps to collect and analyse customer's lifestyle and buying behaviour, in order to deliver personalised offers. Indirect Shares. Financial performance is up 50% compared to 2019. He is an experienced investor and portfolio manager, trading both on his own account and assisting with high net-worth clients. Plexure Group's shares shot up 53% after the mobile software developer announced that McDonald's has renewed its contract with the company to use its digital customer engagement platform for t NZ shares follow global markets movements Thu, Jun 02 2022 Why is Plexure dropping so much? The Company's technology platform and product offering covers five key capabilities: - Mobile order and pay - Next generation loyalty programmes - Personalised offers Drive desirable outcomes, including increases in basket size, profitability, frequency of in-store visits, average transaction size, and propensity to purchase. We provide scalable solutions for a variety of brands in dynamic markets. Plexure acquired the Australia-based b, Investors stuck to the sidelines on Friday but look to be in better heart ahead of earnings season, with volumes showing some signs of life and the S&P/NZX 50 index adding 2% over the week., A2 Milk pushed the S&P/NZX 50 Index into positive territory in a late trading surge on speculation the milk marketing firm might get access to the US.Trading of A2's shares was halted on both, Pacific Edge shares sank by almost 50% on the possibility its cancer tests will no longer be covered by a major US health insurance company after the cancer diagnostic companys trading halt was, Plexure Group's shares shot up 53% after the mobile software developer announced that McDonald's has renewed its contract with the company to use its digital customer engagement platform for t, New Zealands main share index moved down in tandem with international markets as technology, banking and healthcare shares slipped with investors still wary about more potential interest rate h, New Zealand's main share index rose on Wednesday after Pacific Edge announced a US healthcare provider would now be able to order its cancer test more quickly and easily.The S&P/NZX 50 Index r, It was a colourful Tuesday for New Zealands benchmark equities index today as Sky TV and Scott Technology shares shot up the leaderboard after it was leaked that Sky is on the hunt for a rumour, Mobile phone marketing software developer Plexure reported a $24.1 million net loss for the year to March 31 as the company sought to turn around unprofitable service to its biggest customer, McDonald. However, despite the positivity, its important to note that this company remains relatively small and risky. Plexure is a mobile-engagement software company headquartered in Auckland. only. At the time of writing, the biotherapeutics giant's shares are down 1.5% to $276.17. It's not uncommon to see a share price retrace a bit, after a big gain. It provides a marketing platform for brands looking to carry out personalised campaigns to cement customer loyalty. Why is the CSL share price falling? Despite the rush to online shopping, Ocado still only has a 2% market share among the grocers as of February, against 1.5% last year. Tesla By 11am its shares were down more than 11 per cent at 46c and are hovering near a low of more than two years hit last week. The S&P/ASX 200 Index. The robot warehouses were running at full clip and Ocado couldn't keep up with demand. Plexure shares traded at 79 cents ahead of today's announcement, up from 29 cents 12 months ago, giving it a market capitalisation of $110.6 million. A2 Milk fell 1.5% to $5.90, after climbing 4.2% yesterday on the news it had secured approval to export infant formula to the United States. Plexure is part-owned by McDonald's, which uses the company's software internationally. Featured Products. It represents both risk and opportunity as the world struggles to claw its way out of the COVID-19 pandemic. Plexure Salaries trends. $0.520. The company platform allows users to measure every purchase transaction, alongside real-time data, such as location and weather conditions. An operational review had concluded "that the previous strategy has not generated material sales, and is no longer relevant in a group which has a broad, state-of-the-art platform in the combined Task + Plexure offering". Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Mobile technology company Plexure has announced an operation review to trim staff and possibly drop its dual listing after reporting its loss almost doubled in the six months to September 30. Clear All. Nous, Yahoo, faisons partie de la famille de marques Yahoo. hide. In contrast, the return over three years has been impressive. Indeed, the share price is up a whopping 475% in that time. Filter. Plexure is currently enjoying a rising wave of optimistic sentiment. This follows a two-week winning streak for the company, raising its share value by over 46% since 4 May 2020. Anyone know why Plexure has being gone down a lot lately? Subscribe to our free newsletter and access our Wealth Talk podcast where we take general questions on the global economy. Four ASX shares that are falling more than most today are listed below. report. Plexure Group Ltd mainly offers a next-generation CRM (Customer relationship management) solution that enables retailers to engage with consumers in real time using connected devices and sensors. Yet . His international thrillers have appeared on the USA Today and Amazon bestseller lists. Plexure's mobile engagement platform, built specifically for retailers, uses in-store beacon functionality, mobile vouchers and mobile loyalty to increase store traffic, improve in-store experience and build loyalty. ET Tuesday, the shares are now down a combined 12.5%, including today's 4% fall. The online investment marketplace allows investors, both retail and wholesale, to buy and sell financial products in regular auctions rather than with continuous trading. Plexure Group shares fell more than 10% to 46.5 cents per share on Wednesday afternoon following the result. Optimism around China reopening led to a sharp move higher in its currency, which flowed through to the NZ dollar and other risk assets. enter your email and well send you details. The company, now run by what was the management of Task, said it had a positive outlook for the combined group. This includes legendary American burger chain White Castle, as well as Super Indo, one of Indonesias leading supermarkets. Subscribe now to get your FREE eBook report The Next Commodity Boom: The World Needs This Metal and receive the investors newsletter capturing the most decisive financial events that could impact your wealth. The results included a series of recent contract wins, which included an expanded deal with Compass, one of the world's largest food-service groups, cafe chain Gloria Jeans which will use Task's technology in 50 US stores, Sky Stadium, Starbucks and an expanded deal with Pita Pit. The stock has declined 10.2% over the past four weeks. In addition to contributing financial and geopolitical articles to this site, John is a bestselling author in his own right. Over the last three months, Intel (NASDAQ: INTC) has lost nearly 15% of its value, essentially erasing the gains it enjoyed in the first half of the year. Why Safaricom's share is dropping. Find Salaries. This is despite there being no news out of the shipbuilder on Monday. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. 61 salaries for 38 jobs at Plexure in Auckland, New Zealand Area. contained in this report. PX1 Plexure Share Price. In a statement this morning, Plexure said its revenue dropped 7 per cent to $13.5m despite its operating expenses rising $3m to $21.8m "as the company pursued a cost-intensive strategy to invest for growth". Subscribe now to get your exclusive eBook report The Next Commodity Boom: The World Needs This Metal and receive the investors newsletter capturing the most decisive financial events that could impact your wealth. See all changes in directors' interest & trades for Plexure Group Limited (PX1) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities. To join your company account for BusinessDesk and enjoy full access, Rewards Trading at 52.4% below our estimate of its fair value Revenue is forecast to grow 24.24% per year Risk Analysis Highly volatile share price over the past 3 months Currently unprofitable and not forecast to become profitable over the next 3 years Has less than 1 year of cash runway Does not have a meaningful market cap (NZ$105M) Plexure, which makes mobile marketing, ordering and loyalty apps for smartphones, revealed an interim net loss attributable to shareholders of $8.5 million on Wednesday, up from $4.4m for the same period a year earlier. It is also poised to kick off a consultation process about its operational structure over the next two weeks. The BHP share price is down 4% to $48.57. On Wednesday it closed at Sh26.55 from Sh41.75 same period last year. "In parallel, Plexure intends to work with existing customers to deliver mutually beneficial commercial outcomes. Shares tumbled more than $160 during the early hours of trading and the stock is currently down four of the past five days. McDonald's paid 39.05 cents per share, or $5.4 . Plexure has just transitioned from a loss of $700,000 in 2019 to a current net profit of $1 million. Can't find anything on the news about it afyer doing some research . Plexure has added several key customers to its expanding international roster. Plexure Group Limited shareholders might be concerned after seeing the share price drop 25% in the last quarter. All app content is tailored specifically to each shopper by our big data platform, running on the Microsoft Azure network, using a combination of historic information and live data points such as location, weather and nearby events. The CSL Limited ( ASX: CSL) share price is starting the week in the red. Anyone know why Plexure has being gone down a lot lately? "The individual has been charged under the Securities Markets . This is buoyed by announcements that indicate a positive direction for their business: Financial performance is up 50% compared to 2019. Netflix said that the sharing of passwords with other households is also the reason for the loss of subscribers. But over three years the performance has been really wonderful. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to . We previously recommended Plexure as part of our Small-Cap Speculator service where our subscribers enjoyed a 300% capital-growth return between December 2018 and July 2019. and our His responsibilities include trading, client service, and compliance. Privacy Policy. accuracy, timeliness, reliability or completeness. Plexure was founded in 2010 and helps consumer brands deliver 1-on-1 offers through their mobile devices. Enterprise Management Enterprise Transaction Management Point of Sale State of the art POS interface Online Ordering Your menu, your customers, your platform Loyalty Best-in-class native platform . As of 2:30 p.m. "What it all boils down to is Plexure helps marketers address key customer growth and retention challenges to increase customer lifetime value by increasing visits and average transaction size, establishing greater brand loyalty, achieving larger share of wallet and reducing churn." Plexure's share price is currently $0.99, and its market capitalisation is $138 million. Fed Chair Jerome Powell opened a new phase in his campaign to regain control of inflation, saying US interest rates will go higher than earlier projected, but the path may soon involve smaller hikes. save. The FMA has filed criminal charges against an unnamed individual alleging insider trading in the shares of listed tech stock Plexure, formerly VMob. Can't find anything on the news about it afyer doing some research. Plexure Group Limited [NZX:PLX] has benefited from a bullish market today, and its share price has surged by over 6%. Platform. John is the Chief Investment Officer at Wealth Morning. Plexure Group is not a large company by global standards. Indeed, the share price is up a very strong 211% in that time. Sectors Technology Software & IT Services Plexure. profit sharing, sales commissions, and tips. Plexure has quickly established itself as the global leader in the end-to-end mobile personalisation services that enable major retail brands to create highly personalised marketing campaigns to reach customers at exactly the right time and place. That's because it's hard to be confident a company will be sustainable if revenue growth. Plexure is currently enjoying a rising wave of optimistic sentiment. the contents of the report and all persons should obtain independent Arguably, the recent fall is to be expected after such a strong rise. August 24, 2018, 7:52 AM. Learn More Our tech Details are believed to be accurate but no warranty is given as to $728,000. The New Zealand founded mobile engagement platform is already listed on the New Zealand Exchange ( NZX) but has created a secondary listing on the other side of the Ditch. A$78.5m in new ordinary Plexure shares issued to the vendors of TASK at NZ$0.60 per share upon completion, subject to a two year escrow from the date of issuance following Plexure shareholder approval. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Here's The Real Reason Why Tesla Shares Are Dropping And Delivery Goals Aren't Met By Adina Achim Published Oct 11, 2022 Recently, Tesla shares plunged more than 20% in less than 20 days, dipping more than 8% after third-quarter deliveries report. It only has a small cash reserve of $14 million on hand. Here's why they are dropping: BHP Group Ltd (). The coming weeks and months will be crucial to Plexures health as it seeks to expand its client base amidst this uncertain economic environment. Shares of e-commerce company Shopify (SHOP) plummeted by as much as 19% Wednesday morning despite December-quarter earnings and revenue that surpassed analyst estimates. And while Snap ( SNAP -6.93%) may have sparked this sell-off last week, today, Meta's losses are. Let's find out why. Reconnecting with past customers is about communicating in ways that shows them you know them. Anyone know why Plexure has being gone down a lot lately? Plexure is an intriguing tech investment in this climate. In late July . According to reports, 100 million households are enjoying the streaming service free of cost, with the help of password sharing. 6 comments. professional advice before acting on any information connected with or Here's what happened and why the stock could still . Last trade - . While the contract boosted the company's reputation, it had struggled to broaden its customer base prior to a merger with Australian group Task which was completed in October, just after the period covered by the results ended. Port pulling together a community-wide team to explore new mayor's reform requests. Plexure's $125m merger deal with Task 'very fair value', chairman says 16 Aug, 2021 05:00 AM 4 minutes to read Plexure says its 9.4 per cent shareholder McDonald's is supportive of the transaction. Church management software company Pushpay plunged almost 15% while NZs market ended the day flat which was markedly better than yesterday when the index fell more than 1%. Why Plexure? It added: "This strategy had been predicated on strong sales growth, which has not occurred.". New Hope Corporation Limited ( ASX: NHC) Based on the share price at market close on 13 August 2021 of NZ$0.54, these new ordinary shares will be issued at a premium of 11.1% to that . Plexure is a mobile-engagement software company. Through 1:45 p.m. Level 2, 4 Graham Street, Auckland Central, Level 4, Australis Nathan Building,, 37 Galway Street, Britomart, Auckland, AMENDED: Plexure Group Ltd (PX1) Listing Status Change, Plexure Group Limited (PX1) Change in Listing Status, Plexure Group Limited (PX1) Multiple Changes, Plexure Group Update on Name Change and Primary Listing, Ongoing Disclosure Notice - R Bennett, K Byrne, A Gaylard, Capital Change Notice - Issue of Shares per RSU, PX1 Plexure Group Annual Meeting 2022 Results, Amended - PX1 Presentation to Bell Potter Conference, Pushpay sinks almost 15% on rumours of sale failure, ON THE MONEY: Gaurav Sharma, Plexure, Stubbs and Zollner, Task completes reverse takeover of Plexure; shifts primary listing to ASX, Speculative A2 Milk spike drags NZX50 higher, Pacific Edge shares plunge on risk of revenue loss, Plexures shares up 53% on McDonalds contract renewal, NZ shares follow global markets movements, Golden Arches drive Plexures unacceptable loss, Prospect of an open China, US job data push market higher, Catalist hits a dozen listings in weak market. Shares of fintech stock Square ( SQ 11.50%) fell as much as 8.8% in trading on Monday as the market continued to sell off growth stocks. Create highly personalized, seamless customer experiences. Plexure helps you win past customers back and turn them into strong brand advocates through deeply personalized offers, content and recommendations. ET today, shares were still down 6.6% for . For more information, please see our HotCopper has news, discussion, prices and market data on Plexure Group Limited. Our approach A trusted partner, working across strategy, people, processes and the technology to deliver world-class mobile engagement. Craig Herbison, Plexure's former chief executive, left the company abruptly at the start of August. Search job titles. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Plexure, which makes mobile marketing, ordering and loyalty apps for smartphones, revealed an interim net loss attributable to shareholders of $8.5 million on Wednesday, up from $4.4m for the. Photo / Dean Purcell. Plexure Group Limited shareholders might be concerned after seeing the share price drop 21% in the last month. . Plexure makes the sales process for physical retailers seamless, engaging and profitable by identifying where customers are, what they want and then facilitating their purchases. Combined, these steps intend to return Plexure to a path towards profitability.". The worry is 2020 really didn't bring the market dominance a lot of investors would have anticipated. It provides a marketing platform for brands looking to carry out personalised campaigns to cement customer loyalty. TASK and Plexure jointly deploy solution for TANK Read More. Here's why they are dropping: Austal Ltd ( ASX: ASB) The Austal share price is down 6% to $2.26. Join the HotCopper ASX share market forum today for free. Slectionnez Grer les paramtres pour grer vos prfrences. NORMAN, Philip (Phil) Buy. Former Federal Reserve Bank of Philadelphia President Charles Plosser discusses the central bank's policy and the outlook for the economy. Plexure Group Limited is a New Zealand-based company engaged in the development and deployment of cloud-based marketing campaign management technologies. There are lots of reasons why customers slip away, but the good news is that they can often be won back. Cookie Notice Plexure operates at the nexus between brands and consumers, providing the critical link that is powerful, deeply personalized customer engagement.