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I have been a holder longer then i remember i agree it is taking...

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morgo

905 Posts.

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17/08/18

11:24

Post #: 34992170
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Originally posted by Timbel ↑

This is stated under common questions under Mpos on the Nets website. My view is that they are still undergoing the compliance and banking regulatory checks for visa and m/card in Singapore, At least the Nets chip and pin is up and running and hopefully Nets online payments are doing well as well. I think the latter is where the big money is.

In any case shareholders are due for an update on progress with Nets as well as the Malaysia bank deal. Hopefully we get an update in the yearly outlook result due in a couple of weeks.

On a positive note some good success in Australia in the direct go to market strategy with 40m annual transaction value wins just last quarter. New sales head seems to be making a positive difference!

I see also cost savings coming through with a reduction of 200k or so in last quarter and also increased sales in last quarter . Looks like it’s taking shape for a nice turnaround in 2018/19

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I have been a holder longer then i remember i agree it is taking shape and more interest is beginning to show which is all good for the future

MNW Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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