SP1 0.00% $1.07 southern cross payments ltd

Ann: GPTV Update, page-19

  1. 688 Posts.
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    Yeah it is a massive jump in rev and due to be first of a few from this change of risk appetite from NAB. Keep in mind GPTV is mainly settlements which is one of five ( ? ) revenue streams now and so not a 30% increase in total revenues.

    The writing was on the wall for this when the last report was published. Up for grabs is about 31.5bil in aus alone. This is about half a percent of that. I'm hoping a good working relationship with NAB results in a B or two without having to go find it.

    Lots of work on the integration front for the team. Announcements are still saying "from a low number of integrated customers". So big revenue upsides over the next 6 months to a year.

    Catch ya.

    M2M
 
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