old news clip Here is an old news clip for people not familiar with Customers performance so far
CUS is a stock well worth looking at for its future growth in the ATM business
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Customers reduces half-year loss to $795,000
11:20, Friday, 24 February 2006
Sydney - Friday - February 23: (RWE Australian Business News) -
Customers Ltd (ASX code: CUS) today announced a net loss of $795,000 in
the six months to December 31 2005, compared with a $3.62 million loss
for the first half of the previous year.
The result was achieved on revenue of $14.01 million, up from
$708,000.
Managing director Mr Greg Baker said, "The business has
continued to develop well and our overall vision - to develop
Australia's leading listed payments business - remains well on track.
"During the period the company made two further important ATM
network acquisitions.
"The company also recently announced a major new payments
processing joint venture with Bendigo Bank and MasterCard International
which was the culmination of many months' planning and preparation."
He said management was keenly focused on maximising shareholder
value through a rapid growth strategy driven through market
consolidation, as well as organic growth.
"The board is confident that our rapid growth strategy is the
best way to enhance overall shareholder value by the creation of a
business of considerable scale and market position in the payments
sector," Mr Baker said.
"The board has made the deliberate decision to continue to
invest in pursuing strong growth opportunities rather than focusing on
short-term profitability.
"However, the company has been careful to balance this strong
growth and development within a sensible and sustainable operational and
financial framework."
Shares in Customers rose 0.5c to 26.5c this morning.
ENDS
Copyright © 2006 RWE Australian Business News. All rights reserved.
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Last
7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.746M |
Open | High | Low | Value | Volume |
7.7¢ | 7.8¢ | 7.5¢ | $2.808K | 36.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14484 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 13221 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14484 | 0.075 |
1 | 40000 | 0.071 |
1 | 20000 | 0.066 |
1 | 6666 | 0.050 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 13221 | 1 |
0.084 | 24844 | 1 |
0.090 | 40000 | 1 |
0.093 | 31285 | 1 |
0.098 | 77089 | 1 |
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