SP1 0.00% $1.07 southern cross payments ltd

There is no reason to expect higher revenue. Revenue in Sep QTR...

  1. 278 Posts.
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    There is no reason to expect higher revenue. Revenue in Sep QTR was integration charges, very little transaction. Management did not say there were contracts about to kick off, expectation can only be around late Dec, early Jan.

    As THGH and I have discussed it is all fairly irrelevant as long as transaction processing starts prior to the end of this quarter and they start signing more clients. Look for talk around XM, it is the critical contract and I believe there will be "me too" activity when they prove to the market that they have buy in from a monster like XM

    People can form a linear progression from last QTR if they like but I hope they don't throw the toys out of the cot when management have never said anything that would imply an increase in revenues this quarter.

    NB - they charge clients for the work involved in installation, so that's incorrect.
 
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