Eservglobal Share Discussion Threads

[graham1ty] 04/3/2019 10:50

Brucie, 20p is the FinnCap target price

[brucie5] 04/3/2019 10:22

Bought back in here tentatively, on this retrace.

Celeritas, can you confirm that 20p is your target, not something you've read? 10p. is the first threshold, afaic, then let it find the new range. But difficult to know what, short of a bid, might be the eventual outer.
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Celeritas
19 Feb '19 - 16:38 - 1449 of 1454
0 2 0
Today's note looks fantastic, target price 20p

[celeritas] 20/2/2019 11:25

Its a huge market making esg a truly global company. Its not often you can say that. The scale will simply ramp up and ramp up.

[longtermgains] 19/2/2019 17:59

Yes thats correct, but it is one of the largest and most inefficient markets that exists in global banking.

[sheep_herder] 19/2/2019 17:43

Ah ok, so it's only the cross border payments that go via Homesend.

[longtermgains] 19/2/2019 17:39

MasterCard Send is a product/service marketed and sold by MasterCard to financial institutions ie principally banks, globally.Where use of MasterCard Send by a bank involves a cross border transfer it will go through HomeSend. HomeSend will therefore be the platform for all cross border transactions ie money transfers or account to account transactions conducted with MasterCard Send.This is a massive ($22tn pa) addressable market and the improvements in cost, performance and service created by HomeSend are strategically important to most of the 22000 banks that are MasterCards installed customer base. This is why MasterCard Send and HomeSend are strategically so important to MasterCard over the next 5-10 years and why it is so important that Ajay Banga (the MasterCard CEO and one of the most impressive CEOs in the US) described them as the killer application.

[sheep_herder] 19/2/2019 17:21

Can someone help me out on one point. I was under the impression that MasterCard Send and Homesend were the same platform. Yet I keep seeing comments that suggest they are two separate platforms. See the second paragraph in Celeritas' post.

[celeritas] 19/2/2019 16:38

Today's note looks fantastic, target price 20p

The large Asian correspondence bank finally joined the HS platform in the final weeks of the final quarter of 2018 and its transactions will ramp up in 2019. Other banks will steadily have been building flows – albeit from a lower base – over the period.
Additional banks are joining – note that 50 financial institutions are at the implementation stage – and this will accelerate as the Mastercard transaction flows now demonstrate the platform’s reliability and worth. Mastercard is a key stand-up reference for HS and its integration will lead to many further banks joining the platform. We have increased the number of banks in our model.

Expansion: Mastercard Send is now connected to the platform – a key point which
HS has been working towards since 2014. Having Mastercard traffic to reference is
hugely important to signing global financial institutions and 50 projects are presently underway. HS is now established in 60 key destination markets representing 50% of trade flows and 70% of remittances globally, aiming for 80% in 2019.

[longtermgains] 19/2/2019 08:18

The ramp will be helped by the 50 implementation projects currently underway and by the projected growth in coverage of global trade flows in 2019 ie 50% to 80% Remember the CEO of MasterCard described MasterCard Send and HomeSend as the killer application and therefore of strategic importance for MasterCardStill vv undervalued

[unabkxb] 19/2/2019 08:06

They should have used your words. Much easier to understand.

[longtermgains] 19/2/2019 07:27

Important point is that bank transfer ramp which is HS strategic future and powered by MasterCard Send cross border is only just beginning:35% of value flows in Dec came from this area and will grow v rapidly in 2019

[unabkxb] 19/2/2019 07:22

Hmmm. I think this mornings RNS is positive but not sure.n

[celeritas] 13/2/2019 09:11

Homesend is gaining plenty of traction now. Do MasterCard pay more later for esg or try to take them out early. At some point the odds are on that MasterCard will acquire esg.

[cheshire man] 13/2/2019 08:07

Well spotted hibberts :-)

[hibberts] 12/2/2019 19:02

Metabank and Mastercard send for faster payments.

[cheshire man] 12/2/2019 15:52

Good to see the move up :-)

[johnv] 12/2/2019 14:57

2nd day when it took off pm, US buying?

[cheshire man] 11/2/2019 15:54

A positive update :-)

The contract involves eServGlobal supplying a voucher management platform for a leading local operator in the region. Asia Pacific is one of the largest mobile markets in the world and recharge is an essential feature in this predominantly prepaid market.

James Hume, eServGlobal COO, said, "I am pleased to provide this update of a new project with a key customer in Asia Pacific. In December last year we communicated the delay of certain orders, I confirm that we have now secured another of these projects. We continue to focus on successfully converting our strong pipeline of opportunities, while maintaining the cost discipline exhibited during the last year."

[hibberts] 11/2/2019 15:36

Why cant VISA bid for ESG that would put the cat amongst the pigeons?

[celeritas] 11/2/2019 15:22

Could get interesting here.
EPO, look at the chart.