VOR (ASX) Ann: Business Update

Originally posted by BushChookSlayer ↑

"TSI to declare us a dividend"

Certainly not out of the realms of possibility in the future but they'll need a big deal or two for it to happen. The other possibility is that they just build the business up to make it more attractive for a bigger fish to buy. Earn us a nice chunk of money so we can become a major player in the Cyber Security industry.

Meanwhile, overall ATM's transactions are increasing in India, a total of 760.32 million transactions for December, an increase of nearly 30m compared to November. Also of even more interest, not far off the record month of October 2016 (802m) right before demonetisation kicked in.

Cash is still king in India and as the confidence continues to grow, more opportunities will present themselves for TSI.

A lot to like here.
https://rbidocs.rbi.org.in/rdocs/Bulletin/PDFs/43T1002186CCF51663F3448F79C191EB307ECF436.PDF

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Yep, agree BushChookSlayer. Like the rest of us here, I have no exact idea of where TSI are really at but when India finally stabilise their banking laws, it will be interesting to see the direction they will take. Like others have pointed out, TSI would be great medium to promote our cyber security. TSI should also be well positioned to promote Novatti's products, as well as any products of their own. I still haven't given up on the idea of us buying the other 75% of TSI.

I also agree that cash is still king in India, but a contributing factor would be the awkwardness, due to the lack of Interoperability, to pay bills etc. At the moment it's probably far easier to pay bills in cash rather than digitally. When that changes, and India becomes more interconnected, that will be the time to see if TSI can shine. I'd guess Novatti are hoping the same.

I also understand why a company like TSN might shy away from speculative entities such as Blockchain start-ups. But by heck, India is one financial market that is begging for integration. A blockchain acquision, with a DWX solution to security, might just be the answer. But that's what dreams are made of.

Cheers

Rhama