12 month price target 167p based on the new business likeley to be generated by rolling out their smart card offering also good management

A few sellers at the end of the day gives buyers an opportunity to get them a little cheaper, within the spread if they haggle.

I hope a few investors have a look at this , this weekend,

The opportunity is fantastic.

One wonders what they are going to do with all that cash?.

I bet Mr Mellon already as a PLAN.

2007 will mark an exciting year for Conister Trust both for its customers as well as its shareholders. Following a year of preparations, the Company has now launched a new business division - Transbank. This division will provide solutions for the rapidly growing market of network-branded open-loop prepaid cards - for which the European market is projected to grow by 110% p.a. between 2005 - 2010. Through this separate business division, Conister Trust will use its offshore banking license to serve as an independent card issuer. This is a market neglected by large banks and in the US market, it is the small and independent banks who have reaped the largest part of the recent growth of such prepaid cards.

Are all of these transbanks on the internet part of this new division ?

M

Madelin, can you please further this?.

A little unsure what you are asking, appologies.

Remember 10 million cash, 1/3rd its market capitalisation............ NICE.

I put Transbank into google and found a lot of ukranian , spanish and other websites. I did not understand what it was about.

Who are Conister's competitors in this new market? Can anyone post a short SWOT analysis of this company?

Sounds like an interesting prospect. Trying to get a bit more info and decide whether it is worth doing full research and potentially investing.

VM, I don't think the major retail bank will be interested in this small market, typically transitary people, that is what they found happened in the USA. Plus, due to the type of customer the larger banks are unlikely to be able to sell them the profitable add-ons, mortgages, insurance, high interest loans or as it is a top-up cards, juicy penalty payments.

Well worth printing this off and digesting it...


Read the full PSE Consulting Document here...

http://www.psel.co.uk/pdf/articles/cardproducts/pse_prepaid_who_will_win_v2_sep_2006.pdf

All buys this morning even if we are off a 1/2p.

More buyers coming in at lunchtime.

Just one seller all buys.

Gone from negative to neutral.

Tipped on ample...

http://personalfinance.iii.co.uk/articles/articledisplay.jsp?section=Share%20Tips&article_id=5994305

their results due soon emailed them yesterday to ask when exactly and also asked them to find out how we access their pre-paid cards offer?

GG, lets not forget we are going to get a loss for the year, so knowone should be dissapointed.

Its the new business going forward which is the big plus here.

Should get announcement about the sign up with Visa any time now.

Nudged up on nice buying this afternoon.

Looks like a good write up in The Business today any one have the article?

THE BUSINESS
The Cover Story:
*When Moguls Collide (Branson and Murdoch).

The Core Values Column:
*Heavy tax burden set to be Britains ball and chain.

The AIM Investor:
*AIM outpaces main UK markets.
*Winning card hand for Conister (CTU.L).

A fantastic write up Im told. Patience.