Eservglobal Share Discussion Threads

[celeritas] 24/2/2016 08:59

Very nice, these deals are a major upturn on last year, fairly frequent now. Hopefully a slow grind back up the chart over the coming year as corridors bear fruit.

[yorkiemike] 24/2/2016 08:56

A lot of focus on the USD30 smartphone @ MWC and the impact this will have in emerging markets.

[bolador] 24/2/2016 08:37

hibberts,

nice announcement this morning from Homesend. Market in shares is much tighter this morning with the mkt price being in 50k bid/offer at the open compared to 250k offer yesterday. There seems to be steam building up !

[hibberts] 24/2/2016 07:17

Good rise on ASX overnight they normally get wind of good news before the UK.

[bolador] 23/2/2016 18:02

Funds held in escrow due to be released April 3 will cover NAB loan. See jumbone above no508

[bolador] 23/2/2016 18:02

Funds held in escrow due to be released April 3 will cover NAB loan. See jumbone above no508

[celeritas] 23/2/2016 10:46

Wont it run short of funds with the National Aussie bank wanting repayment of
A£3m by the end of March.

[hibberts] 23/2/2016 09:53

The announcements just keep coming.

[bolador] 22/2/2016 11:03

Good question, but the residual perception here is that the management seems to be able to turn gold into lead. However the latest annual report shows that they are well aware of the problems of sales and the following execution of orders. They now have a tight grip on costs and a much better core product to sell.So perhaps the corner has been turned.It is very difficult for me to judge the merits of the core company because there is so much techno talk in the annual report but I sense there is real value here on Homesend alone so as long as there are no more skeletons the share price should rise to nearer the base valuation of 7p and will do better as solid news comes in from Homesend.At 2p fears of liquidation were the driver but that now looks to be in the past.
I would be grateful to read any further views or info on ESG anyone using this site may wish to share.

[hibberts] 22/2/2016 10:24

Ask yourself this question what will Homesend be worth once all 24k Mastercard
clients are connected?
It looks like the new data centre is up and running so it should be happening now.

[bolador] 22/2/2016 09:53

IN October one London broker valued the Homesend holding to be worth 7pps on a dcf basis, taking into account the 40m shares issued as options to the lenders.
They reckoned that the rest of the business was evenly balanced between value and debt.

[bolador] 22/2/2016 08:28

hibberts Spot on ! A little firmer this morning, perhaps a fund manager with an interest in the sector will notice that there is life here. Mkt cap is only GBP7mill.

[hibberts] 21/2/2016 14:00

Just in case any new investors haven't seen this, just use a bit of imagination and think of the potential of Homesend.

[bolador] 21/2/2016 13:12

There have been several days recently where volume has been around 5m, last week there was a day of 14.5 m as noted above.

There may not be a single big seller, a number of holders might like to see this one off their books as such a loser does not look good with the end of the tax year coming up.There may be tax loss selling. There have been no statutory sale notifications to date.

The important thing perhaps to consider is that there has been a willing buyer in size to take these shares. There is absolutely no way this number of shares could be sold without driving the price to fractions of a penny if there was not a big buyer(s)in the wings who thinks they understand something worth the big risk of holding these shares.

In support of the shares the executive chairman and his wife have just bought an interest of about 1 million shares in total and the AGM is to be held in March I think.

The best indicator for bulls is that the share price has begun to creep up. It's a penny punt but the company does have a product,clients, an alliance with Mastercard and revenue. Who knows what's next but it looks better than the two thirty at Ascot.

[jumbone] 20/2/2016 15:24

If you look at the trading pattern over the last week...

It's abundantly clear that one of the large shareholders is unwinding their position here.

The total shares sold are in the range of 14,530,551

Now the questions are

1. who is the seller ?

2. Why are they selling?

3. Why Now?

[jumbone] 20/2/2016 14:42

YasX:

You seem to have forgotten like many others here another fact "The Escrow Funds of €3.5M would be released to the company on 3 April 2016 which is more than the NAB loan of A $ 3 mill. that is due"

[hibberts] 19/2/2016 19:15

Looking back at pinkish posts and he/she looks to have a good nose for an investment.

[yasx] 19/2/2016 18:34

Pinkfish proven the perfect contrarian indicator....

[hibberts] 18/2/2016 16:46

Now his wife is buying some.

[hibberts] 18/2/2016 15:48

Although only a small directors buy I think its the only time in the company's history that a director has put his hand in his pocket ,so fair play to him.

[wigwammer] 16/2/2016 08:34

Your contradictory posts about the fundamentals of esg have nothing to do with your personal circumstances.

[p1nkfish] 16/2/2016 08:13

no contradiction if you were me in my situation.

[wigwammer] 16/2/2016 07:56

Noone cares about your personal situation.. just pointing out the contradictory bwollox you've posted here.