VOR 0.00% 39.5¢ vortiv limited

Ann: Director Resignation, page-35

  1. 2,651 Posts.
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    In that case hopefully they finally bolt on another business. Lord knows it’s overdue.

    Would you mind elaborating on why COVID has had a massive impact on TSI’s network of ATMs. I don’t fully understand the TSI revenue model because it’s hard to come by information on the business but my understanding is that TSI’s revenues are largely derived from managed services and esurveillance ie it’s not based on transaction or withdrawal volumes... therefore even if Indian punters are spending less (= less ATM withdrawals given it’s still very much a cash economy) that shouldn’t significantly impact TSI.

    As I said this business is a bit of a black box to me so keen to understand it better and it sounds like you do...
    Last edited by Artvandelay01: 31/08/20
 
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