TSN- Spec Buy. Target 6-7cents, page-357

Hi @Highett,

You wrote;

I think the problem now in hindsight is that TSN sold too much of TSI India to begin with. They should have kept 33.4% at the beginning but CX provided a massive capital injection at the time and got their 75%.

I think it was the best thing they could have ever done at the time. How else would they have funded the business going forward without CX's assistance? Not to mention what not many here talk about ie the contacts that CX have provided the company. As a result of this 75%/25% split TSI India have gone on to become one of the largest operators of BANK BRANDED ATMs in India. Big tick in my books.

Tony