STL - StarGroup Limited

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Welcome Pixel. http://www.starpaymentsystems.com.au/images/pdf/media/STL_Initiation_Note_Final.pdf

Projected 12 month price target on STL of 0.081c .. so 100% upside potential from current price of 0.04c (+5.26% today).

Meanwhile, chart is shaping up nicely imo for a potential breakout. Cheers tela

I had a similar view earlier today, and long-term, it may still happen.
Watching today's actions, however, I'm noo longer sure that a breakout is imminent. The reasons:
offers are getting undercut
if offers above 4c aren't being bought quickly, the vendor tends to lose patience and sell down

I'll wait for today's Close to decide what to do short-term.

 

[Telamelo]

I had a similar view earlier today, and long-term, it may still happen.
Watching today's actions, however, I'm noo longer sure that a breakout is imminent. The reasons:
offers are getting undercut
if offers above 4c aren't being bought quickly, the vendor tends to lose patience and sell down

I'll wait for today's Close to decide what to do short-term.

Closed @ 0.041c (so perhaps poised for a breakout methinks) noting "the 5-day moving average is above both the 20 and 50-day moving averages respectively".

market depth appears bullish enough showing 32 buyers for 2,888,902 units vs 15 sellers for 1,172,399 units

Good Luck!

Cheers tela

 

[Telamelo]

http://www.barchart.com/snapopinion/stocks/STL.ax states a 100% 'strong buy' rating!

Cheers tela

 

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http://www.barchart.com/snapopinion/stocks/STL.ax states a 100% 'strong buy' rating!

Cheers tela

False break on Friday, followed by a Bearish Engulfing candle this morning.
The only saving grace/ glimmer of hope is the low volume on a Down Day - assuming it doesn't change.
I still hold, but speccie rules.

 

[Telamelo]

Well supply seems to have tapered off somewhat today.. as only just over 400k volume traded (and importantly share price held 0.039c level) - chart shows recent 'higher highs' made with corresponding 'higher lows' so overall trend is still up imho P.S. noting 52 week high reached of 0.046c

Cheers tela

 

[Telamelo]

Well supply seems to have tapered off somewhat today.. as only just over 400k volume traded (and importantly share price held 0.039c level) - chart shows recent 'higher highs' made with corresponding 'higher lows' so overall trend is still up imho P.S. noting 52 week high reached of 0.046c

Cheers tela

Green hammer close @ 0.041c (+5.13%) today... indicates 'bullish sentiment' still in play imo

Cheers tela

 

[Telamelo]

STL "Record Month" puts Stargroup on track for 11th record Quarter!

Highlights:
● 11.67% increase on ATM transactions compared to prior month
● 11.35% increase on average number of transactions per ATM
compared to prior month
● Annualised transactions of ATM Network currently >2.7million
transactions
● Annualised gross revenue of ATM network now $6.7million

Mr Todd Zani, Stargroup’s CEO and Executive Chairman said “The transactions on our ATM network were 11.67% up on the previous month which is a direct result of the successful completion of the CashMyATM acquisition on 1 June and further ramp up of our ATM network as it begins to mature.

It is also a reflection of our concentrated and disciplined efforts to only place our hardware in high quality sites and to only perform high quality acquisitions.

Our average monthly transactions per ATM continue to be arguably the industry best with the average for the last month being 647 transactions a month per machine, an 11.35% increase on the previous month.

Our results in the last quarter were industry best and we are continuing to improve on that result, which is contrary to recent media reports regarding declines in ATM transactions.

Further, these results show that the integration of the CashMyATM business has been excellent and considering we have just had record sales in the StarPOS business, there are some exciting times ahead for Stargroup Limited shareholders.

It’s exciting to know that our monthly turnover for July was what this Company turned over for the full year in FY15!”, said Mr Zani.

--------------
Please dyor as always.. Cheers tela

 

[Telamelo]

STL "Record Month" puts Stargroup on track for 11th record Quarter!

Highlights:
● 11.67% increase on ATM transactions compared to prior month
● 11.35% increase on average number of transactions per ATM
compared to prior month
● Annualised transactions of ATM Network currently >2.7million
transactions
● Annualised gross revenue of ATM network now $6.7million

Mr Todd Zani, Stargroup’s CEO and Executive Chairman said “The transactions on our ATM network were 11.67% up on the previous month which is a direct result of the successful completion of the CashMyATM acquisition on 1 June and further ramp up of our ATM network as it begins to mature.

It is also a reflection of our concentrated and disciplined efforts to only place our hardware in high quality sites and to only perform high quality acquisitions.

Our average monthly transactions per ATM continue to be arguably the industry best with the average for the last month being 647 transactions a month per machine, an 11.35% increase on the previous month.

Our results in the last quarter were industry best and we are continuing to improve on that result, which is contrary to recent media reports regarding declines in ATM transactions.

Further, these results show that the integration of the CashMyATM business has been excellent and considering we have just had record sales in the StarPOS business, there are some exciting times ahead for Stargroup Limited shareholders.

It’s exciting to know that our monthly turnover for July was what this Company turned over for the full year in FY15!”, said Mr Zani.

--------------
Please dyor as always.. Cheers tela

"Stargroup expects to achieve its first underlying profit and pay a maiden dividend in FY17".

July was a month of double digit growth for Stargroup’s ATM network highlighting the success of the recent acquisition and its successful integration.

The July result means the ATM network is generating over 2.7 million transactions and revenues of $6.7 million when annualised.

Stargroup continues to exhibit industry best quality metrics and furthermore, continues to improve on these metrics.

Stargroup stands to benefit as the major banks close branches and force consumers to access their cash through independent service operators such as Stargroup.

Stargroup expects its future growth to be driven by:

- Further organic growth in quality ATM sites through disciplined site selection;
- Further penetration of the EFTPOS ISO market by leveraging wholesale rates;
- Rolling out new technology products such as our Recycler ATM that allows users to both withdraw and deposit money;
- Rolling out the Stargroup debit and credit card; and
- Further sales of NeoICP ATMs and software in Australia.

http://www.proactiveinvestors.com.a...-posts-record-july-for-atm-network-70355.html

----------------
STL vwap of .0338c today on 5.41mill volume traded..

Please DYOR .. Cheers tela

 

[Telamelo]

"Stargroup expects to achieve its first underlying profit and pay a maiden dividend in FY17".

July was a month of double digit growth for Stargroup’s ATM network highlighting the success of the recent acquisition and its successful integration.

The July result means the ATM network is generating over 2.7 million transactions and revenues of $6.7 million when annualised.

Stargroup continues to exhibit industry best quality metrics and furthermore, continues to improve on these metrics.

Stargroup stands to benefit as the major banks close branches and force consumers to access their cash through independent service operators such as Stargroup.

Stargroup expects its future growth to be driven by:

- Further organic growth in quality ATM sites through disciplined site selection;
- Further penetration of the EFTPOS ISO market by leveraging wholesale rates;
- Rolling out new technology products such as our Recycler ATM that allows users to both withdraw and deposit money;
- Rolling out the Stargroup debit and credit card; and
- Further sales of NeoICP ATMs and software in Australia.

http://www.proactiveinvestors.com.a...-posts-record-july-for-atm-network-70355.html

----------------
STL vwap of .0338c today on 5.41mill volume traded..

Please DYOR .. Cheers tela

Nice morning announcement/surprise as quite impressive figures released yet again... only a matter of time/patience imo till the 'market cottons on to this gem' ..... dyor


Cheers tela

 

[Telamelo]

Stargroup Ltd's investment in South Korea paying dividends
Thursday, August 11, 2016 by Proactive Investors

Stargroup Ltd (STL) holds an 11.3% interest in NeoICP Korea Inc., a private South Korean Company, which has outlined some impressive financials.

The NeoICP full year revenues were up 18.8% to AUD $25.4 million, compared with FY15 of $21.4 million.

Key highlights:

- 60.95% increase in NPAT result for NeoICP in FY16;
- 29.17% increase in EBITDA results for NeoICP in FY16;
- 11.28% increase in Net Assets for NeoICP in FY16; and
- US$60,000 dividend payment to Stargroup from NeoICP.

Todd Zani, CEO and executive chairman for Stargroup, commented:

"These results have significantly outperformed the FY15 results and our expectations for FY16.

"We continue to believe that our investment is undervalued in our own books and whilst we did make an upward revaluation in the half year result from $938,368 to $1,524,597.

"NeoICP recently acquired and built an impressive new headquarters and manufacturing plant in South Korea and the improved net assets of the business do not take into account the market value of these premises.

"Given this result and dividend payment, we will give due consideration to again revaluing this investment."

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Charting Analysis:
Looks like most indicator's have turned bullish

Stochastic Oscillator
%K(14,3): 64.4+ %D(3): 48.1+
RSI (14) : 56.4+
Pivot Point 0.032c+

"We may now consider a bullish bet in STL that recently came back into our scope. The bullish glimmer on the market’s face is an undeniable fact prompting us to be on alert to take a long position".

Cheers tela

 

[Telamelo]

STL Announcement 30/08/16
HIGHLIGHTS:
● Stargroup signs a 5 year distribution deal for EFTPOS terminals and software with West International AB via its 100% owned subsidiary StarApps
● StarApps to release next generation payment solutions and applications in Australia and New Zealand
● StarApps commits to acquire 2,000 EFTPOS terminals per year and to develop unique EFTPOS software for Australian and New Zealand markets

Todd Zani CEO commented “With circa 900,000 EFTPOS terminals installed in Australia and the industry growing at around 60,000 terminals a year, this is a huge opportunity."

"The key here is the ownership and access to the source code... I can not stress enough the importance of this announcement and the impact it will have for STL. No reliance on 3rd parties for the development and integration of terminal applications is a significant opportunity for STL and its shareholders."

“I firmly believe we can achieve our aim to be the No. 1 ISO in the EFTPOS and payment industry by the end of 2017.”

Please DYOR as always... Cheers tela

 

[yuna]

I'm very excited that Todd Zani replied my email very quickly even when he is on holiday. His attitude make me feel he is responsible to the shareholders which is very important for choosing a company.