SP1 0.00% $1.07 southern cross payments ltd

Revenue growth is trending nicely. Agree the SP trend is bad....

  1. 479 Posts.
    lightbulb Created with Sketch. 32
    Revenue growth is trending nicely.
    Agree the SP trend is bad.
    Jumping to around 50 cents was probably the worst thing for ISX SP long term as this is a much stronger company now than it was 2 years ago and yet quite a few here have this fear that it is not so hot now.

    ISX revenue does not depend on a big contract -as another one would also take time to settle in.
    This is a company that operates in the financial back rooms of businesses.
    The current clients have let ISX in their back rooms.
    They are dipping their toes in to test the ISX waters.
    Once confidence grows that is when the revenue will really grow.
    NK mentioned his personal frustration in the AGM and I suspect part of that is accepting that client's deciding to increase their payment volumes through ISX is out of his control.

    Anyway, everyone has their views.

    All the best for Christmas and New Year everyone.
    Good hunting.
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.