i conratulate the cus board for holding the agm at their own premises and not wasting money holding it at a costly venue. tim wildash is a very smart operator. some snippets> currently trading 100,000 atm transactions above budget for november. in this current economic situation that to me is great. cus not being affected by the downturn. approx $2 mill in bank at present. SPS to be sold for an approx total of $10 mill[ which to me is a great price received]. approx half to be paid by bendigo bank, the other approx half maybe to mastercard $5 mil loan approx. from bendigo bank by way of loan to Cus. which is payable by shares to bendigo bank next year. branding of atm`s bringing in money to cus by way of advertising on sides of atm`s for companies like bundaberg, TAC, ETC. 50 Machines in NZ. MACHINES IN CRONULLA SHARKS AND ARAB BANK. DEVELOPING COIN MACHINES [CUMMINS USA] IN RICHIES SUPERMARKETS. increased margins coming for convenience fees. 2009 will be best year yet. trading well, above budget. nearly 5500 machines in total now. new contract with Telstra to sell phone recharges. portable atm`s in vans to place at venues like cox plate, could possibly become a mini franchise idea. smoke bombs and siren alarms installed in atm machines and gps tracking later for security purposes, but most cus machines inside secrure ares. all in all was great. i`m glad i`m in.
CUS Price at posting:
$1.00 Sentiment: ST Buy Disclosure: Held
