CPZ 0.00% 15.0¢ car parking technologies limited

Ann: FY12 Results Management Presentation , page-6

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  1. 814 Posts.
    lightbulb Created with Sketch. 13
    Just saw this thread and have some comments...

    1. The big write down relates to another acquisition "Meter Eye" not TCP
    2. CPZ stated that TCP was profitable prior to acquisition. I haven't yet been able to see if TCP is still profitable in the underlying CPZ result
    3. TCP provides CPZ with 1100 sites in UK/Ireland to implement their technology
    4. The Management Presentation was a bit "folksy" but .... the issues they have found in TCP are exactly those that their modus operandi and technology are being developed to address.

    "Find car parks with a Smartphone App!!! ... next thing you will be able to pay remotely!!!

    Watch this one closely!!!
 
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