The payment processing side is actually doing decent work on margins, key thing is whether they can keep th…by @julianreins_jse on $LSK

The payment processing side is actually doing decent work on margins, key thing is whether they can keep the merchant book growing without bleeding into operating leverage. At R79.99 the market's pricing in some execution risk on the newer fintech plays they've been bolting on, which seems fair given the rand headwinds eating into their dollar earnings.