Ann: Profit Guidance, page-207

Hope you did not put in $150k like the guy who bought at $4.15

Have not heard from him since - maybe he sold out at $3.

EML is hard to predict
As the global interest rate increase - EML will earn approximately $45m profit from $2.7b in float.
However, their business may decline.
Hopefully - during this time - EML can reduce its expenses especially those linked to cbi issues from 20m to 11m.
So in the futute - i hope to see 9m in savings or more.

Currently, as you know eml is throwing everything to resolve the cbi issue .
i cant see how eml can keep throwing 20m to fix cbi.
They will go broke if they do it year on year.

Currently, I think their game plan is to capture a bigger market of the transaction market to entice more clients onto their platform.
I am not sure how much they will earn from the high volume of transactions ie. 0.005%

But - i think they need to hold back on buying other businesses as they need to resolve the cbi issue first.
unless - they plan to dump pfs and use the new business to offset the revenue loss from pfs, if it was sold off

eml is hard to predict as they have too many programs, with upwards and downwards pressures acting on each different program.
how many are sticky clients and recurring revenue for eml
how many are once off clients
if we get a recession - maybe eml will win more govt contract for welfare cards - i know we use eml card in oz to hand out welfare card.
but then maybe their gift card will be reduced


I dont want to see how eml will open on monday - with the nasdaq dropping on friday.



i like to focus on how eml can earn new revenue from new ventures.
or what are eml's current assets and what their future potential earning capacity.
that way it will allow me to decide whether it worth holding or if they lack new revenue n profit then its a sell.