VOR 0.00% 39.5¢ vortiv limited

Ann: Business Update, page-37

  1. 713 Posts.
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    "TSI to declare us a dividend"

    Certainly not out of the realms of possibility in the future but they'll need a big deal or two for it to happen. The other possibility is that they just build the business up to make it more attractive for a bigger fish to buy. Earn us a nice chunk of money so we can become a major player in the Cyber Security industry.

    Meanwhile, overall ATM's transactions are increasing in India, a total of 760.32 million transactions for December, an increase of nearly 30m compared to November. Also of even more interest, not far off the record month of October 2016 (802m) right before demonetisation kicked in.

    Cash is still king in India and as the confidence continues to grow, more opportunities will present themselves for TSI.

    A lot to like here.
    https://rbidocs.rbi.org.in/rdocs/Bulletin/PDFs/43T1002186CCF51663F3448F79C191EB307ECF436.PDF
    Last edited by BushChookSlayer: 11/02/18
 
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