As a LT holder of this stock I've been perpertually worried about technological advancements in the payments space that render SMP's capabilities obsolete.
(see here https://hotcopper.com.au/threads/ann-presentation-update.7389100/page-6?post_id=67877190)
I can go on a long winded spiel about how and why Australia and NZ (SMP's core markets) will be the last adopters of a new payments technology but it does not overly matter. Bypassing terminal fees is a question of whenand not if.
That said, I am a happy holder. I believe an adequate return is on the table if SMP can execute in NZ and begin returning capital to equity holders within say, the next 3-5 years, before any technological advancements threatens the terminal value of the stock.
MasterCard are doing their bit acting as a 'VC' funder for new starts in the payments space - see below.
https://www.paymentsdive.com/news/mastercard-visa-card-network-startups-accelerator/718339/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202024-06-10%20Payments%20Dive%20%5Bissue:62880%5D&utm_term=Payments%20Dive
As a LT holder of this stock I've been perpertually worried...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
92.5¢ |
Change
-0.025(2.63%) |
Mkt cap ! $223.7M | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | 97.0¢ | 92.5¢ | $148.2K | 157.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 15895 | 2 |
View Market Depth
| Last trade - 15.07pm 13/09/2024 (20 minute delay) ? |
| SMP (ASX) Chart |