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
- Forums
- ASX - By Stock
- Ann: 2024 Annual Report
As a LT holder of this stock I've been perpertually worried...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.15 |
Change
0.000(0.00%) |
Mkt cap ! $278.4M |
Open | High | Low | Value | Volume |
$1.13 | $1.16 | $1.13 | $115.3K | 100.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4017 | $1.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.15 | 14732 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8456 | 1.110 |
2 | 3450 | 1.085 |
2 | 5968 | 1.080 |
1 | 9688 | 1.065 |
1 | 8673 | 1.060 |
Price($) | Vol. | No. |
---|---|---|
1.150 | 14732 | 1 |
1.160 | 7500 | 1 |
1.170 | 2213 | 2 |
1.180 | 8800 | 2 |
1.200 | 6000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
SMP (ASX) Chart |