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Nuvei Corp T.NVEI

Alternate Symbol(s):  NVEI

Nuvei Corporation is a fintech company. The Company provides electronic payment technology solutions to merchants and partners in North America, Europe, Middle East and Africa, Latin America and Asia-Pacific. Its solutions span the entire payments stack and include an integrated payments engine with global processing capabilities and a suite of data-driven business intelligence tools and risk management services. The Company platform provides pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide. Its platform supports for more than 634 alternative payment methods, and over 150 currencies. It also enables online payments, mobile payment and in-store payments. Its platform enables customers to accept payments worldwide regardless of their customers’ location, device or preferred payment method. Its technology includes gateway, currency management, global payouts, card issuing, open banking, data reporting and reconciliation tools.


TSX:NVEI - Post by User

Comment by zalmonellaon Jan 26, 2022 3:02pm
174 Views
Post# 34363647

RE:Canaccord

RE:CanaccordAppreciate all the updates from the analysts, particularly with their thinking on the short report, but these guys are the same ones who led other investors into the LSPD hole, so it's clear their fingers on the pulse of the market isn't much better than those on the bullboards.  The previous one from NB with their focus on MAGT is just bizarre and really damages their recommendations of GIB.A,KXS and NVEI. .

I think the business for NVEI is good and there's recovery in the cards, but all these seem really optimistic to me. I'm sure I'm not the only one - if NVEI follows the same schedule as last year, we'll see the Annual Report around March 9th or so, and I'm sure that's what everybody's waiting on.  That's really not so long to wait, compared to most other companies particularly industrials that don't report the annuals til May.

Meanwhile, there's still heavy selling pressure on tech so I'm sure the shorters are still active. And there's still a lot of air under Wiley Coyote's moving feet. And the only announcements in the last couple of weeks have been about crypto and gambling - traditionally not a source of decent cash flow at this time.

I remain on the sidelines for now.

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