Public Bank and Hong Leong Bank are replacing all their old terminals to the new all-in-one touch screen terminals....it will take some time to replace all the terminals.
Interesting fact/business idea that the CEO share. Now looks like they are trying to build and become a one-stop solution or rather, develop their own Revenue eco-system. If all these execute well, it will be good for the company in my opinion.
The buymall acquisition give them a better marketing point to tackle online website, they are no longer just a typical payment gateway provider. The buymall services can help them to tackle the last mile fulfillment. I kind of like the idea of tackling the tourist on the shopping of duty free products. It reminds me those scene that i saw in Hong Kong/Singapore airport where tourists get those duty free shops to pack and deliver to the gate and the tourists move on to another shop to continue to shop with the limited time. I wonder whether can Malaysian benefit from this, like when I'm returning and my flight passed midnight, majority of the duty free shops are closed. If that is workable i think there will be good for business traveler just pick up the goods and leave the airport.
As mentioned in my previous comment, it is indeed their plan to put the Anypay application into their terminals. Now this will turn normal retail/physical shop into a top out/bill payment outlet. In a short time, they will have like potentially 10k touchpoint. On their merchant point of view, the terminal is already there, i can earn additional income. On revenue point of view, they are maximising profit from one single terminal. In my opinion, with this additional services, they could tackle some key merchants like mynews, 7-11 etc, More marketing point to pitch to them.
It is really interesting to look beyond what they really wanted to do with these acquisition, and now we see a much clearer picture. All these acquisitions in actual fact will bring multiple earnings accretion impact to their business. Looks like the management have analyse and get those strategic acquisition that will help them win business.
The future of any corporation mainly lies in the vision and capabilities of the management to execute a great business model..... example, Amazon started merely as a online book seller.... today it's a world's giant.
@817065, you are most welcome. Just putting up a simple view from my perspective.
I agreed to what you said. Somehow the management is able to move ahead of the market by at least 1-2 years. Their new smart terminal is a very good validation of their vision. And with the latest acquisitions, they are leverage on their payment and merchants base and build a solid business ecosystem.
Reminds me of Michael porter’s Value Chain Analysis. Creating competitive advantage.
I think some fund managers have just started to add Revenue into their portfolio.... that's why they are collecting steadily, especially on price corrections.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
817065
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Posted by 817065 > 2019-04-03 12:37 | Report Abuse
The price will eventually go up again....so just collect and wait patiently.