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kpkg

4,149 Posts.

14/06/17

10:07

Post #: 25260816
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Originally posted by Waldo777 ↑

I note that you have nothing good to say about STL. No doubt you can see like I can that this business is in structural decline and will never make big profits. I wonder why they have been able to expand by buying out so many ATMs at such 'cheap' prices?! Nobody wants them!! And with so much debt, large holders wanting out, etc. this would be behind NSL on my list of investments (with a gun to my head!).

LOL didn't you say like 3-5 months back that NSL would quickly move to new highs at something like 6-7c before going to 10 cents plus?! All specs have been severely punished to be fair to both of us though. I still have 4 months left on my NUH prediction but maybe only 2-3 bags in that timeframe now, although 5-10 is still possible.

How many bags does everyone think STL has in it from here? Maybe if no CR and some short-term improvement in EBITDA next financial year with the now increased ATM network size they have there will be a pump back to circa 4 cents at some point — good target/exit price unless they can focus on something other than ATMs which are only going to see usage go down year after year IMO.

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So why the sudden interest lol
Here to generously impart your lack of knowledge no doubt lol

STL Price at posting: 2.6¢ Sentiment: None Disclosure: Held
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