That's factually incorrect, Ingenico is not a standalone company. It is fully owned by ANZWorldline, which in turn is a JV between ANZ and Worldline (world's biggest EFTPOS machine maker who also supply TYR their EFTPOS machine, who was to be blamed for the major TYR machine outage in 2021). Verifone is a small company no doubt but Square is an 800 pound gorilla, whose presence is international and has fantastic technology.
Again, I'd disagree with your valuation of $4 in coming weeks because that's just not how you value a company. To put it plainly, you value a company through future cashflow discounted by a weight average cost of capital which consists of the interest rate. A high interest rate environment (which we are in now, and increasing) will reduce the future cashflow hence the low valuation. There is no way TYR can be valued at $4 in the mid term (what more to say in WEEKS) unless stupid amount of investment (which require huge capital raising) is poured into the business to grow future cashflow WHICH in turn will bring down the SP. In conclusion, it is an impossibility... Because of this very reason, NO ONE will be silly enough to offer to acquire us anywhere near $2.50 at the very top end.
I hope this explanation will bring you back down to earth.
TYR Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
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