club advantage a smart deal

Club Advantage act on behalf ot 200 RSL clubs in Australia, most of whom run pokies, most of which are fully occupied most of the time.
Judging by the success of their Metcash Advantage alliance, this is a tried and tested formula for selling ATM machines into retail outlets.
By my estimates, the company has over 1800 ATM's in place and growing at 50 per month. Add another acquisition and CUS should be running nearly 3000 ATM's by this time next year.
Do your own numbers but I reckon thats 40-50 mill transactions a year.
I haven't discussed the SPS in this message, but being involved in EFTPOS has got to be good for revenue.

Watch this one...with all this lovely cashflow, there are plenty of potential buyers....Macca's, AMEX, Visa, Mastercard, Bill Express, BPAY, Cabcharge just to name a few. Whether they come to the party is another matter, however. I personally dont want CUS to be taken out too early. My money is on an 8 bagger from here in the next year or two, but do your own work and hopefully you too will join the party.