Australian (ASX) Stock Market Forum

TYR - Tyro Payments

Jump to new
The share price has been all over the place since the half-year results announcement.

No idea where it is going at the moment. I'll just watch and see what happens.
1709620071097.png

@debtfree
 
The downward trend is strong now.

No news on the business though, and the last update was quite ok. I can't say I understand why the trend is so strong.
1716361300922.png

@debtfree
 
1717224838725.png


Now at a yearly low. A spike is volume on the last sell off too.

Maybe it's time for a bounce, so I'm picking TYR for the June comp. No real conviction though....
 
The problem, as you point out in your previous post, is that the fundamentals have actually improved quite significantly, trouble is the price had become so ridiculously expensive relative to the actual value. I think the market has simply re-rated it and there has been some reversion to mean. Its still very expensive even if they maintain the improvement in earnings and FCF, its still priced for perfection.
 
I saw a broker's report yesterday that said Kounta/Lightspeed had emerged as a point of sale competitor to Tyro.

I can't find any news about this, but it might explain the funk surrounding the TYR share price.

@debtfree
 
Good results from TYR today have bumped it up nearly 14%. It's back to my starting price for the yearly comp now.

Maybe the share price will kick on from here, although it has struggled to make gains following previous good results announcements.
@debtfree
1724647874265.png
 
TYR belted today on news that the government might ban debit card surcharges.

I don't know how much this might effect TYR's profits, but the market is worried. Currently it's down around 16% for the day.

Now I've lost all hope for this one.
@debtfree
 
Top