Eservglobal Share Discussion Threads

[allstar4eva] 09/1/2018 19:18

Always good to hear negatives. In this instance it is pretty much all or nothing on the success (or not) of homesend (MasterCard Send). The odds seem stacked in their favour however if things don't work out I think you can write off the investment.

[celeritas] 09/1/2018 19:05

Really as I find it a very quiet thread.

[beeks of arabia] 09/1/2018 19:02

The positives have been done to death on here, so repeating the same only “it’s going up” posts is frankly boring.

It might be worth getting some balance and asking ourselves what the company is worth if things don’t go their way.

I’m very happy with my investment at 10.25p and will be holding for the immediate future, in case anyone thinks I have an ulterior motive. It’s always good to do a degree of risk assessment on these perceivable “no brainers”.

[allstar4eva] 09/1/2018 18:55

Still looks like a seller about. Once cleared this could move sharply up...

[celeritas] 09/1/2018 17:15

This should have a mkt cap way higher than it currently is, the potential that is now gathering steam is huge.

[celeritas] 09/1/2018 17:02

Google does someuwin, the more you look the more you'll find.
The Android app is well liked with 1m to 5m installs

[someuwin] 09/1/2018 14:04

Interesting to see in the link above that Google are utilising Mastercard Send (and thus ESG tech)

"How Google uses Mastercard Send

Enables users to send money in near real-time by transferring cash out of their Google Wallet directly to their bank account using a debit card"

[astralvision] 09/1/2018 12:54

from the 19th December update

'Momentum continues to gain pace, with 15 banks now having signed agreements which enable them to use the HomeSend service for cross-border transactions - an increase of five banks since our statement on 2 October 2017. These several most recent agreements are within the smaller part of the addressable market, and are therefore for volumes expected to be in the range of US$30 - 50 million per annum each, with implementation plans still to be finalised. HomeSend has also progressed discussions on contracts for much larger opportunities, as mentioned in the announcement on 2 October 2017, and these opportunities remain imminent. '

Rumour has it that it could be a large well known bank, watch this space!

A few more big deals and MasterCard will have to bid a bargain 50p to get hold of ESG's stake, imo.

[albanyvillas] 09/1/2018 12:35

Potential news

Guess its a big bank contract?
Results?
Bid from master card?

[bamboo2] 09/1/2018 11:49

someu, I like this series of charts,

[celeritas] 09/1/2018 11:35

The banks will know it as MasterCard Send.
Homesend is the gang of 3.

[astralvision] 09/1/2018 11:00

Hi Panic InvestorThe service is badged 'MasterCard Send' and to anyone that uses it it is another MasterCard service.The JV that ESG have with MasterCard and BICS is called 'HomeSend'Hope that helps

[wigwammer] 09/1/2018 10:58

Welcome PI... Homesend was originally built as a remittance hub, for people working abroad to send money home, in particular to developing markets. Since it's inception around 10 years ago the technology and use cases have expanded well beyond that, and they can now address a far broader market. Hence MasterCards interest - the network can be used to overcome the inefficiency and cost of the old correspondent banking system, enabling banks to send your money or a corporates money across boards without the legacy uncertainties and cost.

[panic investor] 09/1/2018 10:48

Not commented here before - bought in a couple of sessions back and added the 55k just gone through.Completes my 2018 portfolio One question that's been nagging me though is why they use the name HomeSend- sounds very domestic ?

[someuwin] 09/1/2018 10:45

Yup - I think we need a long term chart in the header to put the recent rise in perspective...

[astralvision] 09/1/2018 10:35

and there she goes, should see new highs not seen for a few years soon.

[someuwin] 09/1/2018 10:02

Won't take much more buying to see this rising again.

[wigwammer] 08/1/2018 17:33

Thanks Celeritas, the Mastercard vid was released in October 2017 - and quite clearly demonstrates the weight they are putting behind it IMO.

[ratel274] 08/1/2018 17:17

I’ve held ESG for some time together with Mitek Systems (NASDAQ:MITK). On 19 December 2017, the latter published a number of predictions for the future of financial services, payments and identity verification in the digital channel. The article is informative in its own right but one prediction in particular should be of interest to ESG holders.

[celeritas] 08/1/2018 16:52

Vid for new investors.


or

[wigwammer] 08/1/2018 16:41

MasterCard has recently hit new all time highs, +48% over 1 year, adding $50bn+ to its market cap which now stands at $168bn.Homesend is a high profile part of its Send offering, which itself is a significant part of MasterCard's growth strategy - it is this strategy that has helped to drive the $50bn+ increase in MasterCard's valuation over the last 12 months.Putting ESG in this context: the market cap is $160m including the 35% Homesend stake, which values 100% of Homesend at around $460m. This represents less than 0.3% of the current valuation of MasterCard - for a fundamental part of its growth plans going forward.While I don't expect MasterCard to part with the billions NPV that the Homesend asset may be worth to them, I suspect there is a compromise to be reached between the current $160m market cap and the potential many multiples of this it is worth to MasterCard. Fingers crossed we see a large part of this revaluation realised over the course of 2018 as the pace of large contracts increases and the asset becomes an increasingly intractable part of MasterCard's offering.

[celeritas] 08/1/2018 16:15

Yep, been averaging slowly for a while now, but I did hold many years back. Its fundamentally changed now so I'm expecting it to appreciate significantly.

[nurdin] 08/1/2018 16:08

I plan to do the same Cel.If I recall you have been here for some time now...so well done.