Redeye: Westpay - Delays, but the potential remains the same
Just like we expected we saw a small sales drop during Q2’18. Announcements regarding larger orders have been scarce the last months; a major product revamps that Westpay has been working on is the likely explanation for the hesitant customer behavior. We have adjusted our projections downwards which also leads to a lower Base-case. However, our Valuation range remains almost intact as we believe the long-term potential has not been altered despite the delays and quarterly fluctuations. Read more and download the latest research update: http://bit.ly/2yg8f2i Start following companies