Posts Tagged ‘TSM’

ASX Company News: Thinksmart Enters Finance Agreement With Leading Edge Group

Friday, May 27th, 2011

ThinkSmart (TSM)  announced that it has signed a 5 year Retailer Agreement with the Leading Edge Group, one of the largest retailer buying groups in Australia with over 1,350 stores. ThinkSmart expects the relationship to contribute in the range of 5% to 10% to Australian business volumes on a full year basis from the second half of 2011.

Announcing the agreement today, ThinkSmart Executive Chairman and CEO said “We are very pleased to be in partnership with the Leading Edge Group and to be supplying our market leading consumer and small business rental finance products  to their members. Our system automation and online presence was a key factor in the Leading Edge group’s decision to partner with us” “The agreement highlights the broad range of growth opportunities now available to us across all retailing formats in our chosen segments following the announcement earlier in the year of the new Securitisation funding platform” added Mr Montarello.

ThinkSmart is a leading international financial services company in the delivery of point of sale finance products through the retail in store and online environment. The business currently operates with market leading retailers and financial institutions in the UK and Australia, as well as operations in Spain, Italy and New Zealand where it has built a reputation for processing high volumes of low value business finance transactions both quickly and efficiently. The Leading Edge Group is one of Australia’s largest retail buying Groups with over 1350 retail members operating under its franchised solutions across a number of categories including Telecommunications, Computers etc.

www.thinksmartworld.com

http://www.traderdealer.com.au/fundamentals/tsm

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ASX Company News: Thinksmart Extends Relationship With JB Hi-Fi

Monday, May 9th, 2011

ThinkSmart Limited (TSM), a leading international computer and office equipment financing company, has extended its relationship with JB Hi-Fi Limited (JBH) to mid-2014. The extension includes an agreement to integrate ThinkSmart’s patented QuickSmart online processing system with JB Hi-Fi’s point of sales system that aims to give customers access to full e-signature and paperless in-store capability by April 2012 as well as for potential use by online customers.

“Enhancing customer experience is paramount in driving both in-store and online sales” said ThinkSmart Executive Chairman and CEO Ned Montarello. “These new initiatives are designed to do that.” ThinkSmart first deployed its QuickSmart online processing system through all JB Hi-Fi stores in April 2009. The system has helped deliver a 60% reduction in customer processing times and streamlined identity verification and documentation delivery as well as lowering ThinkSmart’s operating costs.

ThinkSmart is a leading international financial services company in the delivery of point of sale finance products through the retail and in store and online environment. The business currently operates with market leading retailers and financial institutions in the UK and Australia, as well as operations in Spain, Italy and New Zealand where it has built a reputation for processing high volumes of low value business finance transactions both quickly and efficiently.

www.thinksmartworld.com

http://www.traderdealer.com.au/fundamentals/tsm

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Dividends: Thinksmart Ex Dividend On 11/4/2011

Thursday, March 31st, 2011

Thinksmart Limited (TSM) will go ex dividend on 11/4/2011. The current dividend payment is 3.5 cents and it is 45% franked. The record date is 15/4/2011 and the dividend will be paid on 29/4/2011. Based on the full year payment the dividend yield is 4.1%.

*Current Yield: 4.1% Franking: 45% DRP Discount: Not Available

Thinksmart Limited

*Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.

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ASX Company News: Thinksmart Launches Infinity Finance With Dixons In UK

Sunday, October 24th, 2010

ThinkSmart Limited (TSM), a leading international computer and office equipment financing company, launched its new “Infinity” consumer finance proposition in the UK with Dixons, the UK’s largest specialist electrical retailer. Infinity combines the convenience of a consumer rental payment plan, with a fully supported suite of services for the computer shopper and an easy upgrade path to new technology. The product is being supported exclusively through the Dixons Retail group. Dixons operates 683 stores in the UK, which last year generated nearly £1.4bn in sales of computing equipment.

“Infinity provides consumers the ability to obtain a new computer every 2 years with a compelling value proposition that is unique in the UK,” said Ned Montarello, Executive Chairman and CEO of ThinkSmart Limited. “With Infinity, the customers’ computer is set-up before they leave the store.  They have automatic online virus protection, 24/7 technical support for the duration of their contract and if they ever have a problem with their computer it will be fixed or replaced. “To make it easy for them to stay up-to-date, we will also reimburse them 25% of the original value of their equipment at the end of their term when they update their technology on a new Infinity contract.”

ThinkSmart’s new Infinity payment proposition with Dixon’s offers the customer more than pure finance. With the customer proposition of being able to access a new computer every 2 years, Infinity offers the UK computer shopper the ability to have a new laptop or desktop PC selected from the UK’s largest range; No upfront cash out-lay, just 24 fixed monthly payments; The computer is fully set-up and operating before they leave the store and includes; 2 Years on-line protection against viruses and threats from Norton 360 Gold; 2 Years product protection through Dixons’ Whatever Happens including cover for damage caused by mishaps; 2 Annual PC Tune Ups to keep the PC serviced and running smoothly; 2 Years technical help and support delivered 24 / 7 through Dixons’ Tech Friend service; and 25% of the PC’s original purchase price as cash back at the end of 2 years if the customer chooses to upgrade to the latest equipment. If the customer upgrades, with Infinity they will also have all their data transferred onto their new computer, as well as the old computer being cleansed of all data before disposal.

ThinkSmart is a leading international financial services company in the delivery of point of sale finance products through the retail environment. The business currently operates with market leading retailers and financial institutions in Australia and New Zealand, and the UK, Spain, Italy, and France where it has built a reputation for processing high volumes of low value business finance transactions both quickly and efficiently. ThinkSmart’s products fill the gap for consumers and small business customers  between a credit card and bank loan, enabling them to get on-the-spot approval for technology they need via a tax and cash flow friendly rental payment plan.

www.thinksmartworld.com

http://www.traderdealer.com.au/Fundamentals/tsm

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Thinksmart Ex Dividend On 31/3/2010

Monday, March 15th, 2010

Thinksmart Limited (TSM) will go ex dividend on 31/3/2010. The current dividend payment is 2 cents and it is 100% franked. The record date is 8/4/2010 and the dividend will be paid on 23/4/2010. Based on the full year payment the dividend yield is 3.3%.

*Current Yield: 1.9% Franking: 100% DRP Discount: Not Available

www.thinksmartworld.com

*Yield has been calculated on the closing price on the 12/3/2010. Current yield is based on the current dividend payment only.

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Thinksmart Ex Dividend On 28/9/2009

Monday, September 14th, 2009

Thinksmart Limited (TSM) will go ex dividend on 28/9/2009. The current dividend payment is 1.5 cents and it is 100% franked. The record date is 2/10/2009 and the dividend will be paid on 16/10/2009. Based on the full year payment the dividend yield is 3.9%.

*Current Yield: 1.9% Franking: 100% DRP Discount: Not Available

www.thinksmartworld.com

*Yield has been calculated on the closing price on the 11/9/2009. Current yield is based on the current dividend payment only.

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ThinkSmart Expands Presence In Spain With Phone House Contract

Friday, May 22nd, 2009

ThinkSmart Limited (TSM), a leading international computer and office equipment financing company, has grown its distribution channels in Spain, executing a new agreement with Phone House. In a move set to help boost its already profitable Spanish operations, the three year agreement with Phone House will see ThinkSmart provide its B2B rental finance product through Phone House’s direct B2B sales force. ThinkSmart already partners with DSG International’s PC City chain which has 31 stores throughout Spain. 

“The Phone House agreement is an important stepping stone as we expand our partnerships in the Spanish market,” said ThinkSmart founder and CEO, Ned Montarello. “ThinkSmart’s products fills the gap for small business customers between a credit card and bank loan, enabling them to get on-the-spot approval for technology they need via a tax and cash flow friendly operating lease.” 

Phone House recently commenced selling laptops to the B2B market, via a direct sales network around the country, complementing its B2C strategy through its 420 stores in Spain. ThinkSmart is a leading international financial services company that is focused on the delivery of B2B finance products through the retail environment.

Head Office The business currently operates with market leading retailers and financial institutions in the UK, Spain, Italy, France, Australia and New Zealand where it has built a reputation for processing high volumes of low value business finance transactions both quickly and efficiently. 

www.thinksmartworld.com    

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