The reason I invested in this is because I understand the story. These guys are investing in a country which has over 1 BILLION people in its populace. A country with a GROWING Middle Class. A Country thats GROWING economically. Now Im no expert but to me where youve got say 1 billion people, a decent sized and growing middle class and a growing economy, you need to have decent banking and financial services.
This company has gotten over the hurdles of being accepted. They have ATM's working as we speak in this market and Eftpos as we all know is an easy way to pay for purchases. So the story is telling and the fundamentals are easy to understand. All we need is for the company to get more machines in place, drive revenues and prove up there profitability.
PS- I accidentally placed this in General when it should have gone in here.
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- fundamentals look good here imho!
fundamentals look good here imho!
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