Ann: Half Yearly Report and Accounts, page-72

First 72 Last

Share
Profile

Follow
jlo2012

3,114 Posts.

2387

28/08/19

20:15

Post #: 40204387
Share

Originally posted by jlo2012 ↑

Hi @Dineen

I think you may have misinterpreted me. I posted that in 'Couple new jobs' on 16 April 2019. Just trying to show that GPTV growth is playing out well and as I had expected.

My reference to $1 was not a SP target either at that time when I posted it or now. Moreso a suggestion that if the GPTV growth played out as I expected it to, then we would be seeing $1 sooner rather than later - well thats happened!

As for targets, hard to say but at this stage my base expectation for the SP by the end of this year is $1.80 and relies on my EBIT runrate expectations for Q4 this year annialised. There is upside to that and that will require further information over the coming months.

In particular as MC just mentioned, people need to pay particular attention to the number of merchant approvals and application pipeline. The rapid uptake in merchants over the last few months is well above my expectations. The growth in that area and the confirmation today that the MSS is in production to me says that rapid onboarding of these new merchants and potentially much larger merchants is now possible and likely to start happening (consistent with growth this year being backended to Q4.)

Its what next year and beyond can bring that should be in focus for people now. EBIT of $40mil+ next year should be the starting point.

The goal posts will keep moving over coming months but in a positive way.

Expand

Re-read the Ann again.

I love reading words and what can be interpreted from them, either through the subtle intention of the author or otherwise.

"The company maintains the current EBIT guidance for FY2019 of $10.7mil...."

The word "current" has not been used when guidance has been reaffirmed previously.

This implies that what is current may not be in the future and may change. The Ann goes on to list many points supporting strong growth....

Guidance upgrade on the cards??

Last edited by jlo2012: 28/08/19

ISX Price at posting: $1.22 Sentiment: Buy Disclosure: Held
28 Upvote

1 Great analysis

Reply

Top Stories

LIS

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

AII

Inside the depths of Panasqueira: A legacy carved in rock

ILU

Rare earths stocks surge as Pentagon buys big stake in US REE miner

Trump just dropped a 200% tariff bomb. Here's how to cash in

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

CWX

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

AAU

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

VMM

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

First 72 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Half Yearly Report and Accounts, page-72

Top Stories

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

Inside the depths of Panasqueira: A legacy carved in rock

Rare earths stocks surge as Pentagon buys big stake in US REE miner

Trump just dropped a 200% tariff bomb. Here's how to cash in

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

Featured News