||ORD NPV (DI)
||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Eservglobal Di Share Discussion Threads
Showing 626 to 647 of 650 messages
|HomeSend, Mastercard aim to transform the $3bn remittance industry in Ethiopia.
|One of the things that gives me a bit of confidence is that esg are backed by Hendersons and L&G.Both appear to see the potential and have significant vested interest in seeing this through.|
|A few nibblers to be seen the last two days, the trouble is most big buyers if any have had their fill in the recent stock placing. If the fundamental story is good and I believe it is then it is just a matter of patience from here. It was worth rescuing the company with loans before the placing apparently to stop their share in Homesend falling into the hands of Mastercard for a song in a potential liquidation. Interesting story.|
|I think the selling volume is in the aus quote, little here - with many buys being reported as sells.. so just the mm's guiding the price down to the aus level.At current exchange rate, aus issue price equivalent to 4.5p here - so might see a floor there (still quite a long way down!)Chance to top up, if you're brave enough.|
|Yup, steady drip drip of institutional sales. I have seen this before in many guises,the sad thing is once the decision is made to sell they do not usually care at what price. But the last brokers note post fund raising had an enterprise value of 10p.|
|The aus quote seems to be getting battered by an overhang, possibly the institutions who took on the shortfall shares exiting for a quick profit.Fingers crossed it clears soon and doesn't represent anything more ominous. I thought the rns yesterday read pretty positively.|
|Most importantly imo.. it suggests MasterCard are still right behind the jv.|
|Another bank signed up.
Homesend and local Mastercard Business units working together.
|CBN licenses 11 international money transfer operators.
|Yes bolador, disappointing it couldn't hold the gain, but still well up on the last issue price.It seems to be following the aus quote down, on low volume.|
|Getting very dull now, but I believe there is some new due on Homesend this month.
Any info out there on this ?|
|Finncap upgrades ESG to 10p.
|Up 14.3% on the ASX overnight and the chart is breaking out,lets hope we follow in the UK.|
The company issues stock at 4p and a few days later the share price is 8p. So I would have thought at least we will have a rest here. As hibberts has pointed out we are due some details on valuation for Homesend next month which might clear the view.As to the core business I think this will be a surprise on the upside on the basis of the number of bullish news items we have had these last few months and the committment of those involved in the rescue. Hendersons would not have kept this company going without a big long term gain in mind. But some new analyised numbers would be nice.|
|Ah, sorry, I see you ask about value of core? Hmmmm.. Not so sure. Above zero?!I think the remaining net debt is around £2m, and we can at least give it that value, I suspect it is worth substantially more (I do not consider the net debt in the previous post).|
|Yes bolador, moving up nicely.Previous peak was 60p back in Feb 2014, but on an apples to apples we've seen the nosh double over that period, so perhaps 30p is now a better comparable.Should we look to previous peaks? To my mind, yes. Because homesend is now more than 2 years further down the road to becoming a commercial entity. Value has been added over that period.That would give esg a market cap of £200m, valuing homesend at circa £600m. Probably the right ball park given inferior businesses (imo) such as Transferwise have an implied valuation of $1bn+.It is possible that the Conoley share purchase gave the green light to others close to the business to make purchases. Any thoughts?|
Well there is 7p in the rear view mirror and to think the offer of stock at 4p a few days ago was not fully taken up on the first pass !
Do you have any thoughts as to the value of the core business.|
|On the up again.|
|Today Paysafe has had a cracking set of results Homesend gets a mention.
Remittance: In February 2016, an international
money transfer collaboration was announced
with payment and money transfer hub HomeSend.
As part of that partnership, new corridors
were opened involving mobile network operators
and bank payment receive options for Paysafe
digital wallet person-to-person remittance
services in six new countries. This allows
customers to easily send funds to more places
across the globe. The funds arrive fast and
in local currency.
-- During the second half, the Group expects
to launch new wallet and remittance payment
services for both Skrill and NETELLER in more
countries in Europe, Africa, Asia and Latin