Eservglobal Share Discussion Threads

[she-ra] 27/8/2013 00:11

With the hugely successful MPESA now wanting to go international and EservGlobal through their deal with Zain Group taking a big chunk of the Middle East (a company that leads in mobile in the Middle East and both Sudans) is there a chance that MPESA (Safaricom) will be eyeing up ESG?

I read that MPESA is the real growth area for Safaricom accounting for half their profits. Im sure there will be consolidation in the area of mobile money. I think Eservglobal could be a sitting duck especially as they cover the West and Asia as well.

[allstar4eva] 06/8/2013 13:28

Well a huge chunk of their last business was sold to Oracle so who knows?

[she-ra] 03/8/2013 15:47

Is Eservglobal a company a bigger player may want? Such as PayPal,Worldpay or Monitise?

[allstar4eva] 03/8/2013 12:37

Yep still under the radar...

[ade45] 03/8/2013 12:00

RNS on Monday shirley. Been under the radar for a while but bags of potential with their emerging markets focus. " life-enhancing mobile services"

[allstar4eva] 02/8/2013 17:43

Large volume today

[guru] 10/7/2013 09:43

Some significant trades going through.

[allstar4eva] 29/6/2013 07:30

Very encouraging results. The next year or so should be very interesting for this company. Growing revenues and huge margins is always a fantastic combination. Potential multibagger from here if services really start to gain traction. Still under the radar with a quiet BB. Good sign also. Chance yesterday to add on a low too!

[howdlep] 28/6/2013 19:52

Tonight's Uk-Analyst Stockmarket Report:-

Provider of mobile financial services eServGlobal (ESG) posted a 24% increase in revenues to A$13.6 million (8.2 million pounds) for the sixth month period ended 30th April while losses fell from A$8.1 million (4.9 million pounds) to A$0.3 million (0.2 million pounds). The uplift in performance was driven by new customer wins with over 70 businesses now using elements of its services while existing customers purchased extra products. Looking ahead, the company sees no reason why it cannot continue to benefit from growth of the mobile money industry in emerging markets. The shares inched up by 1.5p to 24p.

[howdlep] 28/6/2013 09:50

Spread narrowed. A break of just over 27p and momentum and volume should build.

[painter] 28/6/2013 08:48

Yes looks ok but an 8% spread is killing this at the moment

[howdlep] 28/6/2013 08:09

Taken a few at the bell.

Very promising results and in a position to win new contracts.

No debt with funds already secured at 21p

[guru] 28/6/2013 07:49

Results out - quite good.

[painter] 17/6/2013 08:21

Was hoping for a notice of results RSN today with an update statement as they gave us last year issued on Mon 18/06/2012.

Maybe tomorrow!

[hibberts] 13/6/2013 20:59

Jun 24, 2013
Interim 2013 eServGlobal Ltd Earnings Release -

[orm5] 13/6/2013 20:43

Thanks for the link, good summary. MBO seems to be off their radar

[guru] 10/5/2013 18:58

Trading Update may be released in the next couple of weeks followed by the results in June. HomeSend is the exciting future growth with 25 corridors live and building traction. However the core business is still good solid business and growing as evidenced by the recent conservative $12M contract. Should get interesting over the next few weeks.

[guru] 01/5/2013 10:56

PostFinance, a division of the Swiss Post and one of the largest retail financial institutions in Switzerland with over CHF 104 billion in customer assets under management, has today launched an innovative international money transfer service using the HomeSend Remittance Hub operated by BICS.

BICS is a leading global provider of international carrier services and a pioneer in the mobile financial services market, providing remittance corridors between banks, money transfer organisations and mobile operators across 40 countries.
The service launched today makes it possible for PostFinance customers to remit funds securely, instantly and conveniently via e-banking to mobile money subscribers in five countries1, with an extension of the service to 23 countries2 planned in the coming months.
HomeSend is a remittance hubbing service that connects a global community of banks, money transfer organisations and mobile operators and enables secure, instant and costeffective money transfers between their end users. HomeSend is based on the technology of eServGlobal, its strategic business partner.
Frederic Salmon, VP Mobile Financial Services at BICS said: "Using traditional banking channels to send amounts under USD 500 abroad can be not only slower, it is also not economically viable for the sender due to the possible high costs associated with such transfers.
We are delighted that PostFinance as one of the first retail financial institutions in the world brings the future in retail money transfer to their customers today''.