EML over extendedEML has break out from 3.50 range, now time to see reaction when it reached this high, 3.85 perhaps.
EML trade ideas
EML, shares price is currently trading above up five weeks high.The prediction shares price target around five per cent, to $3.42, or ten per cent at $3.60.
Entry level between $3.10 to $3.25.
Business Summary.
EML Payments Limited (EML, formerly Emerchants Limited) are the provider of payment solutions in Australia offering payment technology solutions for payouts, gifts, incentives and rewards, and supplier payments. EML issues mobile, virtual and physical card solutions to some of the corporate brands around the world, and manages more than 1200 programs across North America, Europe and Australia.
Products/services - Payout Cards:
EML offers flexible prepaid disbursements and funding card programs for gaming payouts, government disbursements, healthcare reimbursements and commission payouts.
Products/services - Incentive and Reward Cards:
EML offers custom loop incentive or reward card which is used to brand loyalty or drive reward dollar spend to selected merchants.
Products/services - Gift Cards:
EML's offers gift cards which are tailored fit and are issued by a bank or e-money institution and processed via a global bankcard network.
Pr ASX:EML oducts/services - Supplier Payment Cards:
EML offers full line of payment services including virtual cards, ACH and eCheck. Virtual cards are issued to suppliers via email, and payments are accepted just like credit/debit cards are accepted.
$EML - EML Payments - Good volume bump from conference$EML - EML Payments - Good volume bump from conference
EML has been having a good run as of late and had another nice volume and price bump today. They are doing an investor conference tour and I guess they audience is liking what they are selling. With another conference scheduled for Thursday I'm hoping the run will continue through the weekend.
About EML
EML PAYMENTS LIMITED (ASX: EML) (“EML”) is presenting at a number of investor events on Tuesday 28th May and Thursday 30th May in Sydney and Melbourne.
EML Payments Limited, formerly Emerchants Limited, is a payments solutions provider of prepaid financial card products and services. The Company's segments include Australia Reloadable, Australia Non-Reloadable, Europe and North America. By using its payments software and processing platform, the Company provides its clients with financial service payment solutions for reloadable and non-reloadable prepaid card programs, in Australia, the United Kingdom and Europe, the United States and Canada. It offers various solutions, such as consumer lending, EachWay cash load solution and commercial solutions. It provides prepaid solutions, such as treasury, and compliance and fraud management. EachWay cash load solution allows customers to convert cash to value in their gaming account, and to deposit cash at a retailer for instant value in the gaming account. It delivers general purpose reloadable and non-reloadable prepaid card based solutions for clients across various industries.
