Eservglobal Share Discussion Threads

[buffetteer] 29/9/2016 11:12

We need to see evidence of Homesend breaking even which will confirm sales growth to €10m ( we know costs are €10m)from €3m last year .The more volume through the network which has a pretty fixed cost base should lead to rapid profitability. if they get to ,say, 1% market share ($6bn remittances)from $1bn next year planned then we would see a value of Homesend nearer €200m for Our 35% share -roughly 7-8x current value . This is entirely Possible as MasterCard have 27% of global card market and wouldn't be marketing it so strongly if it didn't feel there was such a good opportunity imho.

[wigwammer] 29/9/2016 09:22

Significant disparity between the aud quote and gbp quote, with aud now trading above equivalent of 7p.IMO the aud quote typically dominates.Think a lot of hot money has gone into this in recent days, and the effect has now gone into reverse.

[daicaprice] 28/9/2016 16:03

It seems the news got priced in yesterday afternoon when the article appeared.

DC

[daicaprice] 28/9/2016 13:26

Amazed we haven't consolidated around the resistance of 8p this morning, let's see what this afternoon brings.

DC

[purple11] 28/9/2016 08:21

v nice gla

[daicaprice] 28/9/2016 07:58

It should still restore the price above the 8p mark.

DC

[someuwin] 28/9/2016 07:54

RNS Non-Regulatory so not considered to be price sensitive news.

[daicaprice] 27/9/2016 14:27

Certainly brought a few more buyers in.

DC

[daicaprice] 27/9/2016 13:58

Great find hibberts, I've put the link on Twitter if that's ok.

DC

[hibberts] 27/9/2016 13:44

This is looking good.
Homesend ericsson partnership.



Just wait until the yanks find out about this little company then things should start to get very interesting.

[daicaprice] 27/9/2016 13:31

And we are off again, still a few 10%ers around but great volume so far today.

DC

[wigwammer] 27/9/2016 10:23

Agree Daica, the potential in remittance alone is huge.But worth noting the words of Conoley from the May update: "The advent of several strategic milestones will be instrumental in moving HomeSend beyond its original role as a facilitator of remittance to emerging markets, to now lead the shift to digital in global international payments of any kind."Lead the shift to digital in global international payments of any kind. Nice ring to it!

[daicaprice] 27/9/2016 09:41

The potential here looks huge and no doubt a few spikes and dips along the way to 15p I guess.

DC

[daicaprice] 27/9/2016 08:47

Looks like we are in play, nice bit of publicity.

DC

[wigwammer] 26/9/2016 16:26

Great find, hibberts.Homesend gets the presidential nod.

[hibberts] 26/9/2016 14:26

President Obama speaks at the Africa business forum.

0.7.07 into video.

[hibberts] 21/9/2016 19:54

HomeSend, Mastercard aim to transform the $3bn remittance industry in Ethiopia.

[wigwammer] 15/9/2016 13:47

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.

[bolador] 15/9/2016 12:51

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.

[wigwammer] 14/9/2016 14:01

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.

[bolador] 14/9/2016 13:12

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.