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Thread: SPY SmartPay

  1. #1
    Reincarnated Panthera Snow Leopard's Avatar
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    Default SPY SmartPay

    So it is up and running as a listed entity and announcing deals:
    Retailer Kmart partners with SPY for prepay solutions

    Website here

    Seems to be based around Cadmus (CTL) terminals, no idea myself of the worth of this company, yet.
    om mani peme hum

  2. #2
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    cadmus are currently buying a lot of terminals off provenco with EZIPAY loaded on them... looks like a dead duck to me
    Chris
    Whangarei
    Am I a pro trader or just a try hard wanna be...

  3. #3
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    HEY paper boy I saw it first and put it down as an outsider in your trader contest. It went up 20pc yesterday. BUGGER!!!should have done it after the close. Macdunk beating you all to the draw as usual.

  4. #4
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    quote:Originally posted by Paper Tiger

    So it is up and running as a listed entity and announcing deals:
    Retailer Kmart partners with SPY for prepay solutions

    Website here

    Seems to be based around Cadmus (CTL) terminals, no idea myself of the worth of this company, yet.
    They just set up another new deal, so on the surface it looks very good.
    It might be worth doing a bit of homework on this new start up.
    Anyone out there have any information to contribute it would be appreciated. macdunk

  5. #5
    Reincarnated Panthera Snow Leopard's Avatar
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    It's not you who has bought $73 worth of SPY to up the price by 20% is it MacDunk?

    The HY is end of June so they should report by the end of August, but that will only be one and half months of SPY and four and half months of CUB.
    You may have to chat to the tea-lady.
    om mani peme hum

  6. #6
    Reincarnated Panthera Snow Leopard's Avatar
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    quote:Originally posted by duncan macgregor

    HEY paper boy I saw it first and put it down as an outsider in your trader contest. It went up 20pc yesterday. BUGGER!!!should have done it after the close. Macdunk beating you all to the draw as usual.
    SO, how come my opening post is dated the 26th and your picks are dated the day after?
    Come on, credit where credit is due.
    om mani peme hum

  7. #7
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    I didnt notice that you puddy cat. I suppose it was you that bought a thousand of the things to make a young fella look bad. They went up then down 20pc then back up 19pc not bad for a wild ride. I might visit the tea lady and find out if they are worth a punt. Still the only one to pick them PT, why dont you join me and risk one of your nine lives. macdunk

  8. #8
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    Thumbs up

    Great ann today and buying reflects confidence of investors, with Cadmus out of the way SPY should be able to build a great little company!

  9. #9
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    Hi all.

    Smartpay is fast becoming a serious player in the retail payments/eftpos transactions sector IMO. A lot of the 'provencocadmus' terminals, they acquired when the company went into recievership earlier this year. They were also positively endorsed by provencocadmus, well before the company went into recievership. They have also just purchased software which was licensed to cadmus, so now Smartpay owns the software and also intellectual property to other projects.

    Could well be a very worthy investment in future.
    Eg. If someone purchases tens of thousands or hundreds of thousands of shares at a few cents, and then the company decided to pay maybe a one-off special dividend or something.

    The payoff would cover itself a few times over.

  10. #10
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    A special dividend?!?

    I'd test for solvency first, before sending out THAT cheque.
    ----
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