CUS copper search limited

Bendigo Bank and Richard Pratt [via his investment facility]...

  1. 916 Posts.
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    Bendigo Bank and Richard Pratt [via his investment facility] have taken positions in this small company which has purchased all of st george bank`s ATM`S, and is installing more atm`s in Metcash - IGA stores. CUS would earn royalties from each ATM transaction carried out at the st.george and metcash ATM locations.
    CUS has also got itself involved with prestigous partners in Mastercard international and Bendigo Bank in creating a new Strategic Payment Services company which will in turn provide major cost savings and more profit for CUS.
    The establishment of the new Strategic Payment Services company [SPS] will lead to some of the other banks [ and profits by others] being removed from the payment switching path of the funds after the ATM transaction. this means improved earnings for CUS.
    Further CUS anticipates to get into the EFTPOS + kiosk facilities.
    The CEO of customers was the most recent successfull CEO of Cashcard, he is most respected by the market. His efforts at cashcard lifted the company to a level that it was taken over by a usa company for approx $350 million. CUS recruited him after his performane at cashcard.
    Customers shareprice is asleep at the moment, but in my opinion will explode upwards in the future, as the relationship with Bendigo Bank and Mastercard international kicks in improved earnings. i am in them up to my neck.
 
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