Hi all, See article in attached link: http://www.smh.com.au/business/golden-goose-will-keep-laying-20091106-i24f.html
A couple of quotes from the article: Ord Minnett - "Multiplying that by about 1100 monthly transactions from each machine, broker Ord Minnett calculates Customers will achieve 2010 EBITDA of $60 million. This should translate to net profit of about $42 million and earnings per share just short of 31c. Cashflow is set to exceed reported earnings."
And a humorous quote - "Tim Wildash, Customers' managing director, has ruled out differential pricing during the day. Theoretically it could charge $10 to withdraw cash in a pub between midnight and 4am but Wildash reckons that would be "unAustralian"."
CUS Price at posting:
$2.74 Sentiment: LT Buy Disclosure: Held
