SKO - Serko.com

[Balance]

I read an interview with fund managers in OZ talking about growth offshore and the talk came to CTD, Flight Centre, ATPI and the consensus was that it would be better to invest Serko as it's the underlining software powering these companies and Serko has actual growth potential in the US.

Yup - was in the AFR as well, yesterday in fact.

" ...... there's a very interesting way to play this game, and there's a New Zealand small cap company called Serko. And Serko actually owned the IT...sorry, the IP and the tech that sits behind these corporate managed travel booking systems, and it's not just them, it's the likes of Flight Centre and ATPI etc. They have about 70 per cent of the market in ANZ but the opportunity's actually in the US. So, they've landed their first US contract .....etc etc"

Looks to me like Serko is starting to get real traction now with the Australian instos who have of course done fabulously well with stocks like Webjet ($2.53 to $16.30 in 5 years) and Corporate Travel Management (from under $2.00 in 2011 to $25.67 today).

Well, as W69 would write - some of us are well positioned just like Serko!

Already a 10 bagger for some, here's to the next 10 bagger for Serko!

[silu]

Yup - was in the AFR as well, yesterday in fact.

Already a 10 bagger for some, here's to the next 10 bagger for Serko!

a part of my parcel went for the 10 bagger. Overall due to buying more along the way my average price is 89c. Would love to have the whole parcel got 10 bagger for me

I'm not a chartist but I do like the green candles of late. Especially FY out next month. Hope we're getting a great report and positive forward statements.

[sb9]

Well, that’s how the depth looks on ASX at close for SKO, very interesting indeed.

Last	Change	Buy	Sell	Open	High	Low	VWAP	Volume	Turnover
$3.240	17 5.5%	$3.300	$3.500	$3.090	$3.240	$3.090	$3.147	69,175	$217,693

Buyers	Buy Quantity	Prices
1	834	$3.300
1	1,500	$3.290
1	765	$3.240
1	1,251	$3.180
1	310	$3.170
1	1,500	$3.160
1	470	$3.150
1	1,500	$3.140
1	19,927	$3.130
3	7,501	$3.120
12	35,558

Prices	Sell Quantity	Sellers
$3.500	800	2
$4.150	1,580	1
	2,380	3

Table format gone bit wonky, just imagine buy And sell side by side.

[Balance]

https://www.globenewswire.com/news-r...h-America.html

"Travel management company Direct Travel, Inc., North America's fastest growing travel management company, today announced the expansion of its agreement with Serko Ltd. (NZX:SKO, ASX:SKO) for Zeno, Serko’s travel booking and expense management solution, into North America."

Can't recall this being announced last month by Serko - guess it's a case of just getting on with the job now with Serko, building up scale and connectivity right throughout the corporate travel industry.

If ASX share price action yesterday is any guide, we should be looking at a sp new high today on NZX!

[sb9]

https://www.globenewswire.com/news-r...h-America.html

"Travel management company Direct Travel, Inc., North America's fastest growing travel management company, today announced the expansion of its agreement with Serko Ltd. (NZX:SKO, ASX:SKO) for Zeno, Serko’s travel booking and expense management solution, into North America."

Can't recall this being announced last month by Serko - guess it's a case of just getting on with the job now with Serko, building up scale and connectivity right throughout the corporate travel industry.

If ASX share price action yesterday is any guide, we should be looking at a sp new high today on NZX!

Great find there Balance, that surely should put a rocket under serko sp. Don't recall seeing that announcement either.

[silu]

fwiw Serko posted this as their key takeaways from the ACTE summit. What stood out of me that apparently 88% of all credit card fraud comes from hotels. Serko offers virtual payment options through their partner Troovo.

1. Traveler expectations change fast and often
With all the airline, hotel and ground transportation options available today, corporate traveler expectations are high. Travelers are now able to pick and choose what is important to them: Wi-Fi, entertainment, food, comfort, travel time… and the list goes on. Because of the wide variety available, traveler expectations change fast and often. To keep up with the trends of the traveler, data is being used to power, monitor, and execute all of this change. If you aren’t harnessing the data on your travel program available to you to monitor these changes and proactively respond to them, you are missing out.



2. Procurement is changing
Successful procurement requires data-driven, automated technology allowing for continual improvement. Therefore, we must seek to secure data in easily usable formats. Travel management and procurement professionals must motivate their suppliers to provide timely, reliable data in a format allowing for quick analysis and decision making. The supplier must be committed to not only providing this data now, but to providing better, more reliable and easily digestible data in the future.



3. Hotels are the biggest target for credit card fraud.

In an era of increasing data security scrutiny, travelers are still battling credit card fraud. At one of the sessions on this topic, it was claimed that 88% of all credit card fraud is generated from hotels. Travelers are already at risk from other security threats while taking time away from their families and the comfort of their own homes. Now the “safe space” of hotels or apartments when traveling are one of the greatest threats to their credit card security. How can travel managers mitigate this risk? Check out virtual payments options such as Serko partner Troovo, which issues one-time use numbers that restrict the use and amount charged to a card and thus reduces the likelihood of credit card fraud.



4. Focus on your customer when it comes to travel technology.

Most corporate travel managers do not have a clear vision of their internal customers. Start by defining: “Who is your customer?” Then develop a strategy to effectively reach your customers quickly and directly. Quick tip: When building new products or offerings it’s okay to fail fast. Gather a willing test group in your organization and then introduce new offerings often and consistently to gain feedback before rolling out new services or products to the entire organization.



5. Work/life balance is gone.
The long-standing dilemma of work and play is still unmastered in 2019. For many of us, the assumption that technology, and the different opportunities allowed for when and where work is done, would allow more flexibility to make life outside of work a higher priority. The general consensus at ACTE was that in fact the opposite is happening. Messaging, email and workplace mobility allow bosses, co-workers and clients to interrupt 24/7. Additionally, the trend of increased business travel is taking a toll on employees. For the average employee, the line between work and life hasn’t just blurred, it’s gone.

[Balance]

5. Work/life balance is gone.
The long-standing dilemma of work and play is still unmastered in 2019. For many of us, the assumption that technology, and the different opportunities allowed for when and where work is done, would allow more flexibility to make life outside of work a higher priority. The general consensus at ACTE was that in fact the opposite is happening. Messaging, email and workplace mobility allow bosses, co-workers and clients to interrupt 24/7. Additionally, the trend of increased business travel is taking a toll on employees. For the average employee, the line between work and life hasn’t just blurred, it’s gone.

To me, this is a most pertinent observation and highlights why it is increasingly critical that companies give their employees maximum flexibility and ease to make and change travel plans.

Zeno - that's the story!

[whatsup]

At $3.50 now just short of its all time high $3.52 looks like that we are on the move again.

[Timesurfer]

Someone lit a fire under SKO today. Must be some good news ahead?

[Balance]

Hope everyone is well positioned ... like Serko!

New high!