Exactly my thoughts - I dont want to be part of an ATM fleet in India in 2021. When I originally bought into TSN I did want that exposure but I think it's a lost cause long term.
That said, I'd imagine in India it might be a while before cash and ATMs die off....... and perhaps in the short term it is quite a profitable business.
The key will be what money can be made from all the other add on services that they offer... particularly in switching for things such as bill payments etc.
Need to see the financials of TSi as mentioned above before make any conclusions.....
VOR Price at posting:
3.7¢ Sentiment: None Disclosure: Held
