TSN- Spec Buy. Target 6-7cents, page-359

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gyro gearloose

5,791 Posts.

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28/06/16

22:27

Post #: 18145825
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Originally posted by TenX ↑

Good evening Team TSN.

A few weeks ago I met

Monish Kumar, CEO and Deepak Verma CFO and had a really helpful discussion with these gentlemen. I pressed them pretty hard for details on deals they were working on. Did they drop a single word about today's announcement? Not a single word.

They did tell me that as a result of the Mphasis deal, that opportunities were coming from all over the place, that were larger than they could have ever hoped for....to the point where they are having to be really selective about what they take on. They could never have imagined the opportunities they are being presented now on a weekly basis. And as Marty points out, India is adding 5 million debit cards each month....after 1 year there will be more than 60m more of them.....is there a faster growing market in the world available to the financial transactions business? Not even close.

I am happy to share one aspect of my conversation with management. And that is if TSN is going to participate in expanding its ownership of TSI, then I will do every thing humanly possible in my power to ensure that any such raising is conducted off market and done with friendly institutional cornerstone shareholders. The reason....because that will force any one else looking to get into this story will need to buy on market. And many of those watching from the sidelines today thinking they are going to get a shot at a huge cap raise, will be greatly disappointed in my opinion.

Looking forward to some additional company making announcements in coming weeks.

10x

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The jigsaw pieces are being put together in an orderly manner.It takes time to do a 100,000 piece puzzle.But boy the end result will be spectacular.A map of India!

Last edited by gyro gearloose: 28/06/16

TSN Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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