The calculation, at the beginning of this thread, was based on a stable number of owned ATM. I expect their number of owned ATM to remain stable, once they have deployed all the ATM for their new SBI contract. However, in the short term, they may have a decrease for their total number of owned ATM, as 3,912 SBI ATM will be retired at the end of Sept 24 and will be progressively replaced by new ATM from Oct 24 (4,200 to be deployed probably over 2 years, based on the experience of the CBI contract).
There is also the possibility that the 3,912 (retired) SBI ATM will be redeployed if Findi gets the final approval regarding the white label license. In that case, there would be no decrease for their number of total owned ATM in the short term.
FND Price at posting:
$3.88 Sentiment: Buy Disclosure: Held
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