OK fair call, yes new mobile technology will boom in years to come which is great for pre-paid providers such as E-pay. Another factor is that E-pay's business is shielded from high oil costs as opposed to transport businesses and the like.
Nevertheless, the stock still sits in a nursing home on a rocking chair. Patience is needed until China kicks off.
Here in Bangkok, E-pay POSs have sprung up everywhere to the point where outlet numbers have a little more than doubled due to agreements with convenience stores and I'm seeing a lot more people topping up with the e-vouchers because the scratch cards are a nuisance! Anyway, I can see the business growing right in front of my eyes so I'm holding.
EPY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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