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TYR - Tyro Payments

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I expect with Tyro, that now we are past the 12 month covid dump, sales figures YoY should start improving greatly.
(Consider where retailers were at 12 months ago)
Solid trend in from start of Feb, and I note that "systems" are picking up on this.
Current pullback representing opportunity IMO. (One might like to see how this plays out, but I personally wouldn't myself.)
Currently not held, but that's only due to no positions being available. (I may rotate something early this week)

Screenshot_20210405-181854.png
 
Despite payment terminal dramas at the start of the year, the Tyro battler's market cap has gained a bit since then ,to just above $1.9 Billion. That's enough for it to now enter the blue-chip S&P/ASX 200 index league.
Poor old NUIX, on the other hand, got the heave-ho, after its market capitalisation more than halved to $860 Mill. in the past 6 months.
 
This Livewire article sees its growth prospect as limited, prefers EML
www.livewiremarkets.com

EML or Tyro: Who's the better payments player?

Not all payments companies are created equal. And there are perhaps few better illustrations of this than the contrasting fortunes of EML Payments and Tyro Payments. Following their recent results, I spoke with Shane Fitzgerald from Monash Investors Limited to get a deeper understanding of these...
www.livewiremarkets.com www.livewiremarkets.com
 
A while ago I purchased something from a retailer who I knew had onboarded with Tyro.
It was a Sunday and he used a NAB? terminal instead of the Tyro one.
When I quizzed him about why not the Tyro terminal, he replied they dont get paid by Tyro until Tuesday from any weekend transactions. Interesting I thought.

I had thought Tyro was also a lender?
Not sure about EML so can't comment.
I would think Tyro SP will come out of its trading range when the country is on the back nine of covid, whenever that will be.
This opinion is mainly based around the fact we are talking a terminals based increase of transactions.
One needs to be able to find that shop open to be able to flash a card at their terminals.
 
frugal.rock said:
I expect with Tyro, that now we are past the 12 month covid dump, sales figures YoY should start improving greatly.
(Consider where retailers were at 12 months ago)
Solid trend in from start of Feb, and I note that "systems" are picking up on this.
Current pullback representing opportunity IMO. (One might like to see how this plays out, but I personally wouldn't myself.)
Currently not held, but that's only due to no positions being available. (I may rotate something early this week)

View attachment 122397
Click to expand...
Your april price has returned today
 
frugal.rock said:
A while ago I purchased something from a retailer who I knew had onboarded with Tyro.
It was a Sunday and he used a NAB? terminal instead of the Tyro one.
When I quizzed him about why not the Tyro terminal, he replied they dont get paid by Tyro until Tuesday from any weekend transactions. Interesting I thought.

I had thought Tyro was also a lender?
Not sure about EML so can't comment.
I would think Tyro SP will come out of its trading range when the country is on the back nine of covid, whenever that will be.
This opinion is mainly based around the fact we are talking a terminals based increase of transactions.
One needs to be able to find that shop open to be able to flash a card at their terminals.
Click to expand...
As you would have read today's report that TYRO has galloped on loan amount however small beginning it was.
They are still hungry to acquire more but the market has given them a clean sweep - there must be a cat inside a bag yet to come out.

Some merchants have taken the company to court as per the presentation disclosure


1635945883898.png



Connectivity issue has hunted them down and still a challenge ??

1635945831951.png
 
aus_trader said:
Maybe Director resignation also had something to do with the big price drop.
Click to expand...
great chart .... if disappointment is your thing.

Payments company Tyro has suffered a major sell-off after it said COVID-19 lockdowns “significantly impacted transaction value growth” in the first half . Tyro shares sank 26 per cent to $1.61 in mid-afternoon trade, as its spending caused the company’s overall losses to deepen to $11.2 million on a normalised basis from $2.8 million in the corresponding period the year before.

Tyro said its result came against the backdrop of continuing costs related to COVID-19 assistance to merchants, including rent relief for terminals and the deferral of certain fee changes.

Biggest shareholder. Cannon-Brookes.. (genius)
 
Tyro's excuses are lame as the losses are mounting H1 FY22 (-18M) , H1 FY21 (-3.4M)

NSW/Vic covid lockdowns ended in Oct 2021. Share price in Nov 21, 4.00, now 1.615.
Tyro has kept the market informed with weekly Covid business updates.

Pepe le-Pew wouldn't go near this. ?
 
peter2 said:
Tyro's excuses are lame as the losses are mounting H1 FY22 (-18M) , H1 FY21 (-3.4M)
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And "continuing costs related to COVID-19 assistance to merchants, including rent relief for terminals and the deferral of certain fee changes" doesn't sound like a strong negotiating position.

(Never interested me)
 
Hmmm.
Interesting. I'm in at 1.505 ?
Not convinced yet though... could be a false start, but as it's going to be a long termer, it shouldn't matter much.

Screenshot_20220223-113108.png
 
Tyro director David Thodey bought 66,000 shares a couple of days ago at $ 1.53. What a guy.
I bought ten grand worth today at $ 1.45 ....What a fool.
 
dyna said:
I bought ten grand worth today at $ 1.45 ....What a fool.
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Well, your in profit.
Current SP is $1.47

FWIW, It takes some nads to be buying today... time will tell all. I'm in it for the long haul.

???
 
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