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TSN- Spec Buy. Target 6-7cents, page-439

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TonyIndo

11,715 Posts.

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06/07/16

12:24

Post #: 18204875
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Originally posted by Rhama ↑

Great points and commend your research as always Tony. These are all very exciting prospects and thanks for bringing a few that I missed to my attention.

I've read other posts here, justobserving comes to mind, where investors seem worried about revenue from TSI's atm lines. To my mind, it's always been almost irrelevant as to what revenues do come from the atm line, they just provide a great platform from which TSI can launch all their other products. Don't get me wrong, huge revenues from atm's would be good too, but I see TSI as being a progessive company with a growing relationship to India's banking sector. At least that's what I hope they are, and its from you and others here that I'm learning just what these other product lines are.

I'm guilty of coming in a little naive, as to the banking industry, so you've basically given me my homework. I'll study up on what switching means. What drew me in was the groundswell of investment that is starting to build in India and their need to update their banking sector. The use of atm's may or may not last long but for me, I merely see them as a launching pad for the rest of our technologies. I'm happy to be part of this company, although I need to do a little work on my patience, and I'm buckling myself in for the ride.

I own shares in another Aussie company in India and from what I've learned from watching them, for the last few years, is that solid business relationships in India are as important as product lines. We seem to have both these boxes ticked.

Thanks for sharing the research Tony

Rhama

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Hi Rhama,

You wrote;

I'll study up on what switching means.

I'd love to hear your thoughts on this.

Please have a read of this excellent article first...

http://www.livemint.com/Money/g8afs...ts-industry-set-for-rapid-changes-report.html

All the ATMs, POS, card management, payments, wallets, UPI, Common Mobility Card, Toll Collections and even BPPS throughout India all are connected to the National Financial Switch and that's why the the relationship with NPCI is so important. Refer to the penultimate paragraph of the announcement dated 28/06/16 below as well as the article I posted a while ago.

References:

http://www.asx.com.au/asxpdf/20160628/pdf/4385bsqzj6p1pb.pdf

http://www.livemint.com/Industry/ZA...fied-payment-interface-to-start-in-April.html

https://en.wikipedia.org/wiki/National_Payments_Corporation_of_India

https://en.wikipedia.org/wiki/National_Financial_Switch

Tony

TSN Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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TSN- Spec Buy. Target 6-7cents, page-439

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