people are getting fearful due to latest outages and rightly so as these kind of situations create uncertainty. however these situations is special situation for me and the best time to invest. There are so many things to like about this company. if you see Tyro counterparts and their valuations; its huge compared to Tyro; see the square; stripe; ingenico ( merged with world line). only question is will Tyro will grow as fast as above companies? To see that one has to look tyro strategy. Company is focused on Taking market share from Big4. In 2016; KPMG report i saw tyro had 10000 merchants and we all know where is that right now; they have grown significantly with minimal financial risk. For me; the most important of all; tyro has banking license and if any of the foreign players looking to have foothold in Australia fintech ( neobank) industry ; tyro is the one to be acquired. If company is taking market share then surely they must be doing something right. My only concern or criticism of this company is though " has management pursuing right strategy to identify itself as fintech or is it just another wanna be bank? in foreseeable future; i'm hoping they will be expanding their product offerings and achieve growth on multiple fronts.
TYR Price at posting:
$2.54 Sentiment: Buy Disclosure: Not Held
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