Wameja Share Discussion Threads

[graham1ty] 17/8/2020 07:47

McMather, an impressive list, and Thankyou for that. While WJA themselves share virtually nothing about Homesend operations, and their KPI updates are very very difficult to interpret, I wish FinnCap could reproduce that list above, and get into the public domain some of Homesend’s progress. Presumably all that list is correct, and presumably they contribute to Homesends capabilities, reputation, revenue and therefore ultimately value.

But for outsiders, it is impossible to see which have the greatest impact. Is Brazil and Wattsapp a greater breakthrough than Peoples Bank of China ? Who knows, because we are not told........

[thelung] 16/8/2020 05:48

Chief executive Ajay Banga remarked though that the company's 'platform uniquely positions us to support the shift to digital across consumer and business payments that has been accelerated by the Covid-19 pandemic.'

[mcmather] 14/8/2020 14:30

Verdict? Really, really good. But with the caveat that I know chuff all about almost everything.

[ali47fish] 14/8/2020 14:25

are we expecting half year results at the end of the month- last time it was 30 august 2019! ani idea what might be the verdic?

[tomv33] 14/8/2020 14:24

As soon as MC realises this is taking off, they will buy it

[brucie5] 14/8/2020 13:52

I'm wondering if MC are no longer bothering with WJA as financing partner. So much easier to do it alone and settle over the price later.

[mcmather] 14/8/2020 13:18

Hopefully not Tom; this is from 10mins 20 secs of the above video; "Wameja has a range of legal and commercial protections that support its position".

HS must be closing in on profit; a very decent take out or increasing dividend payments will do. Preferably, the first but I can live with the second.

[johnv] 14/8/2020 13:16

It's about time that MC/WJA started publishing some renevue about Homesend so we can get some idea where we are heading.

[brucie5] 14/8/2020 12:55

Bought in again for my fourth tranche. For the time being, and Up/Down share, but one I'm very happy to accumulate.

[tomv33] 14/8/2020 12:42

The only time we will is when the takeover happens, great buying opportunities though

[mcmather] 14/8/2020 12:17

Hmmm.

Maybe JC will be doing another of these overviews in the next week or so; this one from just shy of a year ago - some interesting figures quoted in there.

Wameja (WJA) H1 2019 overview by John Conoley, Executive Chairman
356 views Aug 30, 2019


4mins 46secs - "the most recent liquidity request....is coming hard on the heels of a $2m request only a few weeks ago and that is about HomeSend readying itself for a faster increase in volumes in the very short term"


So far as is known to the Company, as at 25 July 2019 the only persons who, directly or indirectly, were interested in 3% or more of the Company’s share capital were:
Shareholder (% of issued share capital)
Lombard Odier Investment Managers (23.45%)
Legal & General Investment Management (13.19%)
Canaccord Genuity Wealth Management (12.15%)
M&G Investment Management (9.96%)
First State Investments (5.06%)
Individuals (3.02%)

[graham1ty] 14/8/2020 11:51

Looks like we will never break out of the 4.5-5.5p range. The slightest attempt and the sellers come roaring back in 😩

[mcmather] 13/8/2020 00:12

A piece from 29 July 2020 re the growing gig economy and which mentions Mastercard Send; how important is HomeSend to MC??

"According to McKinsey’s The Future of Work in Europe Discussion Paper June 2020, 20-30% of all jobs in the European countries are part-time work done by freelancers and gig economy workers. By 2021, there will be an estimated 57 million freelancers in the US workforce alone.....

The best solution to the payment problem for the gig economy?

Real-time payments (RTP) are an excellent alternative to the current bulky and slow payment processing methods in the gig economy."

[tim000] 12/8/2020 15:43

Doesn’t WJA hold leverage over MC in that it can threaten to sell its stake to a third party, who might not be willing to sell to MC? My guess is that this is why MC is willing to fund the JV, because the quid pro quo is the acquisition of WJA’s stake.

[johnv] 12/8/2020 15:26

I don't understand why MC is funded it all, we should be funding 35% of it or else MC will use this as a excuse to lower their bid.

[johnv] 12/8/2020 15:22

The only info we have is that MC and Visa take out at 50x revenue. Also at 5.5p WJA is valued at 56.4m. WJA holds 35% of homesend. So at 20p we are valued at 204m, so 204/50 is 4.1m (which is 35%), so homesend needs to have a revenue of approx 12m to justify 20p takeover.For 50p takeover we need a homesend revenue of 30m

[celeritas] 12/8/2020 12:24

Has been for ages, a suspicious person might wonder why 6p is protected.

[janhar] 12/8/2020 12:19

There's a lot of stock available now below the 6p level - wonder who would sell here?

[parsons4] 12/8/2020 11:33

Bought in again this morning, but had to pay 6p !!Like most on here I believe that there is no reason that Mastercard would not want to own the whole business. Especially now that they are funding Homesend totally.

[celeritas] 12/8/2020 11:13

According to the World Bank, China is now the largest export economy in the world. In 2018, China exported $2.49T to destinations including the United State ($479B), Japan ($147B), South Korea ($109B), and Vietnam ($84B).

[brucie5] 12/8/2020 10:30

"An open minded person might wonder why the share price is being held back, the same person might think the lower it is the lower the offer."
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I'm mostly quite open minded. Though not yet open enough to accept any offer that might be made at the these levels!

[celeritas] 12/8/2020 10:27

Just a matter of time before MasterCard have it all to themselves. A open minded person might wonder why the share price is being held back, the same person might think the lower it is the lower the offer. The same person might suggest this should be 20p before it's taken out.