SP1 0.00% $1.07 southern cross payments ltd

Couple New Jobs, page-183

  1. 2,860 Posts.
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    Hopefully forming a new base here. Like the one that formed around 26c-27c.

    Short term I think a lot of expectation is already priced in at these levels.

    IMO to maintain/increase the SP there will need to be clear evidence of continued fast progress toward annualised $880mil GPTV and contained costs. They will then need to quickly surpass $880mil during this Q or very early next Q to catch up for the lower processing during March Q and still acheive $10.7mil EBIT.

    Good thing is the last update on Euro card processing was that it was moving slighty ahead of schedule.

    If the AGM guide for start of FY20 plays out then I think 80c-$1 should be achievable by this time next year.
 
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