Net 1 UEPS Technologies: SASSA Contract Likely To Be Re-Awarded Boosting Shares
- SASSA contract likely suppressing shares as investors ponder whether they lose this long-term and lucrative contract.
- The company has many fingers of growth in different markets and different geographies. As they put the SASSA implementation behind them, they can refocus on growth areas.
- Valuation is extremely cheap given the operating performance and large chunk of recurring revenue.