Cheers Ggcc
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About 2.75 million shares traded today across the NZX & ASX, with bulk of that coming from two off market trades for about NZ$3.3m.
Suspect in anticipation of the Q4 trading update which should be in hand by next Thursday or Friday.
Looking forward to that.
I hope so.
My Q4 guesses:
* AU acquiring revenue of ~NZ$17.4m, up 82% year on year
* Other revenue (mainly NZ terminal leases & misc. other bits and bobs) of 4.4m, up about 2.3%
* Consolidated revenue of $21.7m, up 57.5% year on year
* Brings full year revenue to $78.3m, up 63%
* Precision in the end numbers not the goal - its direction and magnitude of the rate of change in the individual components that matters
We don't usually get any detail on profitability at the quarterly updates (only at half and full year) so will have to wait a while yet to get the full year result. Picking the expenses more difficult in my view than the revenue.
But as it stands I'm a tad above consensus for NPAT for the 12 months just been, and and about ~12% above consensus for the now current year FY24, and 11% above FY25 consensus.
disc: happy holder.
Wilson Asset Management been on the buyside of recent block trades (probably acquiring most from MA Financial as they rebalance) and buying on market. Started buying in December, now own 5.8% of sharecap, supplementing the already very good institutional coverage (for a smallcap).
http://nzx-prod-s7fsd7f98s.s3-websit...078/392769.pdf
Looking forward to the trading update - must be close.
Holder since sub 20c, so very happy :-)
Will let this one continue to run.
Trading update - reads well, upward trajectory continues
https://www.nzx.com/announcements/410443
Yes. Fantastic to have a full year complete - clean - without lockdowns etc. Now we have a pretty clear picture of what this business is able to achieve and the seasonality pattersn.
I have no idea what the Strategic Update and the non binding letter of intent re the NZ fleet is. "Provides a path to present our next generation android terminal and acquiring solution to our loyal NZ customers."
I didn't think the acquiring solution was practical in NZ given the structural differences in the OZ and NZ market.
Well the Australians like it - up 5% straight out of the gate to A$1.35 (equates to 1.46 kiwi at spot) - over A$500k traded already.
Something about that Strategic Update to unlock the value of the NZ fleet got people interested. And another quarter of fantastic growth.
NZ$6.1m turnover on the ASX. Lets not forget add the $21k to that trading on the NZX (lol, sigh)
Looks like the biggest daily volume for at least 2 years.