Some extracts from cus annual report look good for future>
"In addition, your company is poised to take
advantage of a number of other exciting
opportunities, including: the introduction of prepaid
phone charge via ATMs;
outsource work from existing fleets owned by financial
institutions;
EFTPOS sales and service;
and offer advertising display space on ATMs’ screens."
further good news>
"We have been invited
to look at several new businesses within our
core efficiencies and many of the new business
opportunities are service-fee revenue based.
Currently, we are negotiating contracts to assist
a number of financial institutions to run their
ATMs. Importantly, this revenue stream is not
subject to transaction volumes. It will
complement existing transaction revenue."
thats terrific news for cus, perhaps even the major banks
may engage cus to help them with their it expertise to set up the banks atm`s to be ready for direct charging.
all good and the s/p is holding in this crook market, which i expect to improve in the future.
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