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Bullboard - Stock Discussion Forum
VENDTEK SYSTEMS INC
V.VSI
Technology
Software - Application
"VendTek Systems Inc develops, markets, and licenses automated transaction system software and supporting technologies. Its software product, eFresh provides electronic distribution infrastructure to service providers, retailers and retail distributors."
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Bullboard (TSXV:VSI)
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(0)
•••
SleuthDog
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Comment by
SleuthDog
on Mar 21, 2014 11:01am
RE:RE:GETNET deal
If the government is already issuing prepaid cards, and gov't are generally the last to adopt any new technology, what does that say about the competitive landscape and second about the battle
...more
(0)
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TheRock07
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Post by
TheRock07
on Mar 18, 2014 11:55am
Report..Prepaid market has strong future in Brazil
Wednesday, September 4 2013 yStats Report | Brazil is one of the world’s largest card payments markets, where 687 million cards are currently active, and the market continues rapid growth while
...more
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(0)
•••
TheRock07
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Comment by
TheRock07
on Mar 18, 2014 11:46am
RE:GETNET deal
The prepaid market in Brazil has grown at a cgw of 8.97 % over the past 4 years, fuelled by a rapidy growing middle class with an average at of just 34 years. The outlook for prepaids is forecast to
...more
(0)
•••
dqma
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Post by
dqma
on Mar 11, 2014 1:57pm
GETNET deal
GETNET used to be the bigger incombent competitor against Vendtek. How did it become all of a sudden a partner and customer? I think as emerging market transforms into a more credit based financial
...more
(0)
•••
SleuthDog
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Comment by
SleuthDog
on Mar 09, 2014 2:04pm
RE:Brazil Potential
Reality Check Here. Doug is pumping Brazil the way he pumped China, Middle East, and Aftirca as all being great growth opportunities for Vendtek. He has no clue how to run a business as
...more
(0)
•••
SleuthDog
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Comment by
SleuthDog
on Mar 09, 2014 2:00pm
RE:Superb update
Selectcore is a piece of excrament .... it can't even find a CFO who is willing to sign off on their financial statements. That is right, they have no CFO!!!!!
(33)
•••
picasso1
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Post by
picasso1
on Mar 06, 2014 8:36am
Superb update
Some vsi investors are also in scg. See news release. The card business is hot all around.
(0)
•••
TheRock07
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Comment by
TheRock07
on Mar 05, 2014 12:24pm
RE:News..Very Very Nice Move...Insurance
This is another good move. By piggybacking new revenue streams on existing products, the extra costs are minimal while sales accelerate quickly. Vendek is going to surprise a lot of people by Q4
(0)
•••
TheRock07
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Post by
TheRock07
on Mar 04, 2014 4:29pm
News..Very Very Nice Move...Insurance
VendTek launches insurance product in Brazil with Vivo 2014-03-04 16:16 ET - News Release Mr. Doug Buchanan reports VENDTEK SYSTEMS ANNOUNCES LAUNCH
...more
(0)
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itsnotme1
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Post by
itsnotme1
on Mar 02, 2014 3:03pm
interesting developments
well no surprise with the financials, having the financial restraints along with management concentrating on all the deal making going on the numbers were pretty much what I expected. Figure over the
...more
(33)
•••
picasso1
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Comment by
picasso1
on Mar 01, 2014 10:36pm
RE:Brazil Potential
What has changed about the Brazilian operation? The merchant network is now larger but it will take time to develop traction especially in revenue. Vsi has been in the Brazilian market for 3 or
...more
(0)
•••
TheRock07
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Post by
TheRock07
on Feb 27, 2014 9:51am
Brazil Potential
VSI,s canadian sales are about $80 million. With the Brazil market being more than 40 times larger, the potential market would be in excess of $3 billion. Brazil margins will also be
...more
(0)
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SleuthDog
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Comment by
SleuthDog
on Feb 27, 2014 9:45am
RE:RE:RE:RE:RE:RE:RE:Financials
It is called the "keep the pay cheque coming" strategy. Pivot to a new market, talk about how big it is, and collect your pay cheque while you execute over this new market. What
...more
(28)
•••
pennylane101
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Comment by
pennylane101
on Feb 27, 2014 8:37am
RE:RE:RE:RE:RE:RE:Financials
Why all this emphasis on Brazil?! I also read the MD&A and Brazil generates a very small percentage of overall sales. They sold the Canadian operations to an insider.
(0)
•••
TheRock07
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Comment by
TheRock07
on Feb 27, 2014 7:37am
RE:RE:RE:RE:RE:Financials
The Brazil market is 40 to 50 times larger than in Canada...this is stated in 2013 financials. Margins are lowest in Canadian market. Vsi will also retain all of its international markets including
...more
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