SP1 0.00% $1.07 southern cross payments ltd

ISX Charts, page-244

  1. 2,569 Posts.
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    I'll have a look for where they said they expect to do $880 this year. I know in the kohler interview the ceo gave a figure around that number, but I took it to be by way of example i.e we anticipate 25% of $3.2 bil, but I didn't take that as their actual forecast. Then again, if they are basing ebit off that, then it is a forecast.

    if they are on a rate of processing 60% of volume, rather than 25%, then they will process around $2 bil. from existing contracted clients. That's obviously better than $880 mil. Add to that fish jumping in the boat, and announced hyper growth, then it looks like exciting times ahead. I bought in at 56.5c and was happy to pay 60x ebit for the growth ahead, but the more i research and ponder, the more it looks like the growth should be better than I expected.

    if everyone could please hold off on buying until say 10:20 on Monday, that would be great. I have just one final position to add. Lol

 
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