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Most liked posts in thread: TYR - Tyro Payments

  1. Trav.

    Trav.

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    TYR come up on my scan today and to be honest I had never heard of them before but I probably can be forgiven as they only listed Dec 2019.

    Not much history obviously to form a real opinion on the chart but having a nice run at the moment.

    Watching out of interest only

    upload_2020-1-23_19-32-4.png
     
    Skate and frugal.rock like this.
  2. Klogg

    Klogg

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    The ingenico buyout really fuelled speculation. Then SMP reported a very nice terminal number update, and here we are.

    100% gains in a few months for me... Totally unwarranted, but I'll take freebies.
     
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  3. bigdog

    bigdog Retired

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    Just two more days!

    Upcoming ASX IPOs
    • Tyro Payments Limited TYR 06/12/2019
    Future Generation Investment Forum presentation last Thursday in Melbourne 28/11/19 included:

    Jun Bei, Tyro if you don’t recognise the name, it’s because it’s not listed yet! However, by next Friday it will be.

    Tyro is a payments-solution to retailers. Her slide below provides a neat summary.

    upload_2019-12-4_11-59-6.png

    The company services retailers, hospitality, and medical centres, and with 51,000 outlets, it transacts $17 billion annually, or 10% market share.

    The benefit to the consumer is that it is highly reliable, has extra functionality (e.g.: splitting bills or adding tips), incorporates Alipay and Zip, and is fully integrated with the point of sale. Jun Bei sees further verticals being added in time, and flagged a move into travel.
     
    frugal.rock likes this.
  4. galumay

    galumay learner

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    This will destroy retail investor's capital. Suckers will pile into the IPO no doubt, but anyone capable of reading and understanding a prospectus and financial statements would not touch this with a barge pole.
     
    Trav. likes this.
  5. bigdog

    bigdog Retired

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    Expected to commence trading today 12:00 PM and shares issued at $2.75

    Top 20 Holders (uploaded)

    I imagine that SP trading will be big gains for these guys!

    upload_2019-12-6_11-35-19.png

    upload_2019-12-6_11-40-48.png

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    Attached Files:

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  6. bigdog

    bigdog Retired

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    There was much money to be made for all holders

    upload_2019-12-6_12-51-32.png

    upload_2019-12-6_12-47-56.png
     

    Attached Files:

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  7. Klogg

    Klogg

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    Now trading at almost 15 times gross profit... (not that you should look at multiples of GP, but that's their chosen metric).

    SMP trading at less than this after factoring in the NZ buyout, debt repayment and dividend. And they're growing way faster. And profitable.
     
    frugal.rock likes this.
  8. Klogg

    Klogg

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    I can confidently say it'll either be Tyro or SMP dominating. Pricing structures alone will show that.

    The banks have enjoyed regulatory protection for far too long, and are now running bloated businesses as far as EFTPOS is concerned.
     
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  9. galumay

    galumay learner

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    When I looked into it SMP cant compete on pricing with the banks, also the big four have the incumbency, most retailers already use their POS terminals. I may well be wrong, and it wont be the first or last time, but my experience running my own business, as well as talking to others is what informs my view. Either way its a low margin business with no barriers to entry. Not my game.
     
    Dona Ferentes likes this.
  10. dyna

    dyna

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    Bought $5 grand worth at $1.70.Throw of the dice,I guess(like everything else these days,eh?)...It might have to be a long term keeper.Maybe some day I'll kick myself for not being more brave.
     
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  11. So_Cynical

    So_Cynical The Contrarian Averager

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    $4.53 to $1.51 Top to bottom is a hell of a drop for the newest market darling - 66% fall.
    ~
    tyr.jpg
     
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  12. UMike

    UMike Captain Klutz

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    We use Tyro EFT.
    Money goes into My Tyro bank acc.

    I tend to transfer it nightly into the business Bank acc nightly atm for obvious reasons.
     
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  13. frugal.rock

    frugal.rock

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    Offloaded the Tyro stocks today.
    A thought had occurred to me... if Tyro mainly makes its money from transactions through fixed terminals, then we are going to see a possible drastic? drop off of transactions.
    Not sure if the supermarkets use them though.?
    They plan to do weekly announcements regarding their situation, so I guess any drop offs may be less dramatic visually for the shorter term. Will probably help the SP stability somewhat...
    A breakdown of where there terminals are at would be interesting.

    F.Rock
     
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  14. Dona Ferentes

    Dona Ferentes

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    probably doing well on an ABC* pattern.

    *Anything But Cash

    But were we expecting DE* breakdown?

    *Deferred Expenditure
     
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  15. Dona Ferentes

    Dona Ferentes

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    Yes, possibly. The volume I referred to was the transactional volume that is a TYR metric.
    as a ticket clipper, it's probably a good gauge of how they're travelling.

    I took out daily trade volume, could have left it it in to flatten the curves.
     
    frugal.rock likes this.
  16. galumay

    galumay learner

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    As I said, out of the pockets of retail investors....
     
  17. galumay

    galumay learner

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    ...and I wouldn't buy SMP either! As you say, its a much better business, but I believe the big four banks will continue to dominate this space.
     
  18. frugal.rock

    frugal.rock

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    Follow the money...
    Mike Cannon Brookes
    https://www.startupdaily.net/2019/1...atlassians-mike-cannon-brookes-tops-the-list/
    Nuff said. This stock was recommended to me, only the second one recommended. The first was Xero at ~ $13 around early 2016?
    F.Rock
    PS; I am looking for an entry...