RE:RE:BNN: COVID19 could accelerate shift to cashless, experts say Thank you for the extra info and the tip on the bypass add-on. In terms of cash, I still think government should assert itself more. Electronic payments will give government ability to track everything we do, but they will also shoot themselves in the leg, if they succumb to the temptress's song. If the governments will give up on their own money, they will be giving up a large aspect of power and central authority to some silicon valley billionaires. Government institutions should, in my opinion, certainly not refuse cash payments, take currency out of circulation, or issue health warnings about it (as documented by the above articles). If government requires us to pay taxes in dollars, they should also mandate public institutions as well as private businesses to accept cash as a valid payment method. If you cannot use cash to make a purchase, it loses its purpose.
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What do you think, Ventor12, is the long term future for NamSys? Am I missing some built-in optionality? It will not be easy for them to grow more meaningfully once they will saturate their current vertical. I think it might be quite plausible for them to grow their revenue by two fold, maybe three fold into the future. However, beyond that, they might have to reinvent themselves, which could be quite risky and will also eat away at their margins. Do you think they will become a consolidator and use the cash for complementary acquisitions in the payment processing/logistics field to secure their future growth? Do you think they will pay a special dividend rather than invest in future growth? Do you think the company will be taken private by the insiders? Do you think one of their dominant customers or some bigger software/hardware company will privatize them? As long as NamSys remains a tiny cap company, its multiples and liquidity will remain relatively low. For institutional investors to be interested, their market cap would need to be at least above 100M (small cap globally are under 3B) and I am not sure how we will be able to achieve this purely from organic growth in the existing vertical.
Have a nice evening!