Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
wtf not sure about the name lol
Started: highstakes, 4 Jun 2019 14:40
Last post: kezzman, 29 Jul 2019 21:06
if there is great news in the morning then that buy is gonna look suspect lol
£100k buy! Is something afoot?
getting this sold off - Allows ESG to concentrate on and move forward with its core 'big earner'.
Top up time again I presume.
Started: Maplinman, 20 Apr 2019 10:46
Last post: Maplinman, 20 Apr 2019 10:46
Started: skittish, 2 Apr 2019 05:59
Last post: skittish, 2 Apr 2019 05:59
The Times today -
"Networks International is set to be valued at as much as £2.3 billion when it floats in London this month (Simon Duke writes).
The Dubai-based company, which processes millions of payments a day in Africa and the Middle East, has priced its shares at between 395p and 465p. It will join the market on April 11, becoming the biggest listing of the year.
Uncertainties over Brexit have cast a pall over new listings. However, payment businesses continue to be in high demand because of the rise in ecommerce. Nexi, an Italian company, is listing in Milan this month.
Network International was founded in 1994. It made an underlying profit of $152 million last year.
Ron Kalifa, 57, its chairman, said that cash transactions accounted for only 3 per cent of sales in the company’s 60 markets, compared with half in Britain.
Mastercard is investing $300 million in the float. Warburg Pincus and General Atlantic, the private equity companies, own 49 per cent of Network and Emirates NBD, Dubai’s biggest bank, holds the other 51 per cent. Between them they will sell at least 25 per cent of the company."
Started: Batterseafish, 29 Mar 2019 09:50
Last post: Batterseafish, 29 Mar 2019 09:50
Chairman's message sounds positive. Directors options exercisable at 9p.
Last post: kezzman, 26 Mar 2019 18:19
mmmm lets hope so
Maybe MC just covering as many bases as poss and trying to second guess where and which tech will dominate
It certainly looks like someone has been spooked, although volume wasn't excessively high.
I'd be surprised if MC were jumping the HS ship bearing in mind it is supposed to be one of their three pillars, and they've supported it for around the last 5 years or so, and particularly in the last year with additional funds.
Also the NI IPO is a quite recent development, and it seems strange they would opportunistically give up Homesend in which they hold 65% for 10% of NI.
Lets see what tomorrow brings - maybe some commentary.
yep getting heavily sold off
some big dumping
Maybe linked to this news
Investors getting spooked and questioning Mastercards commitment to Send?
This is also interesting -
"Under the deal, Mastercard and Network International will also create a strategic partnership to drive adoption of digital payments in the Middle East and Africa. Network International has emerged as a leader in the Middle East in helping retailers accept cards as a payment method both in the physical world and online. The payment sector in the Middle East has been seeing brisk business in recent years as more people use digital payments to make purchases."
I guess this could benefit ESG if MC were able to direct some of the NI turnover via Mastercard Send.
Having said that there seems to have been quite some selling today, and a big 10% drop immediately prior to close!?!?
good for ESG?
Seems like Mastercard are trying to cover alot of bases
Started: kezzman, 26 Mar 2019 17:15
Last post: kezzman, 26 Mar 2019 17:15
looks like we going to test 5.5
Started: Maplinman, 19 Mar 2019 15:44
Last post: RayPointer, 19 Mar 2019 16:04
http://www.safestocks.co.uk/category/small-caps/
If you scroll down you will see the original recommendation for ESG (19th Nov 2018)
This gives the view from the house broker, FinnCap, which issued a note today:
http://www.safestocks.co.uk/2019/03/19/eservglobal-ma-thoughts/
not much thats why it was RNS R
only point is it shows Mastercards intent
and that ESG Homesend are praying Mastercard take them next
What was the point of that RSN?
Last post: kezzman, 19 Mar 2019 08:15
Transfast is a network partner of HomeSend, offering reach and connectivity principally into Africa and Latin America, together with foreign exchange and ancillary services. Network relationships are a critical element of HomeSend's services and HomeSend continues to grow these partnerships through several regional network partners, such as Transfast, together with HomeSend's own direct connections, to deliver across multiple markets and channels.
Last post: skittish, 18 Mar 2019 20:19
We live in interesting times.
This must rank close to Gordon Brown selling off much of our gold ultra cheap.
The Times today -
www.thetimes.co.uk/edition/business/worldpay-to-be-taken-over-by-rival-to-create-43bn-electronic-payments-giant-trj6qs7hn
"The purchase of Worldpay by Fidelity National Information Services for $43 billion makes it the largest merger in the electronic payments industry.
The deal will create the world’s largest electronic payments business by market value, linking banks and credit card companies with billions of consumers who are increasingly shunning cash.
Worldpay, formerly Streamline, was set up in 1989 as a subsidiary of National Westminster Bank. Natwest was bought by Royal Bank of Scotland in 2002 and the payments business was renamed RBS Worldpay. RBS then developed the business through acquisitions in Europe and America.
In 2010 the bank sold RBS Worldpay to Advent and Bain, the private equity firms, for about £2 billion, to comply with EU rules on state aid after its £45.5 billion government bailout during the financial crisis. The private equity firms floated Worldpay five years later at a valuation of about £5 billion. At the start of last year Advent and Bain sold Worldpay to Vantiv for £8 billion.
Worldpay, headquartered in Cincinnati, Ohio, processes about 40 billion transactions a year in 126 currencies. It has 3,700 employees around the world and reported revenue of $3.9 billion last year."
Started: skittish, 15 Mar 2019 18:55
Last post: skittish, 15 Mar 2019 18:55
The Times today -
https://www.thetimes.co.uk/edition/business/network-international-set-for-flotation-under-ex-worldpay-chief-rvkfh866k
"A payments company that handles millions of transactions a day in Africa and the Middle East is lining up London’s biggest stock market float of the year.
Network International is expected to be valued at $3 billion when it goes public next month. The offering will eclipse the debut of DWF, the law firm, which achieved a valuation of £366 million at its flotation this week.
Network International was founded in 1994 and focuses on processing payments in Africa and the Middle East. It made an underlying profit of $152 million last year on revenues of $298 million. It processed 681 million transactions for more than 65,000 merchants.
Payments businesses are in demand among investors because of the rise in ecommerce and a fall in the use of cash.
Network International yesterday announced Ron Kalifa, 57, a former chief executive of Worldpay, as its chairman.
Started: draft, 10 Mar 2019 18:03
Last post: draft, 10 Mar 2019 18:03
take a look at MBO also. does payments in Malaysia. I wonder if MasterCard will just take esg out now they don't want earthport
Started: kezzman, 6 Mar 2019 18:35
Last post: RayPointer, 9 Mar 2019 11:01
Not mentioned in this month's SCSW.
But then again the main recommendation was in Jan 2018 and there have been 5 updates since.
nice flurry buying this afternoon
hopefully Small Company Share Watch mention us tomorrow should lead to more buying monday
Thanks for the heads up
Good to have Small Company Share Watch behind us
Also the Small Company Share Watch is out on Saturday. They are very keen on ESG (one of their 2019 naps)
They are probably going to comment on 50 implementation projects in progress.
this share on tiny volume
imagine the rise when we get some serious volume
Started: Maplinman, 9 Mar 2019 07:15
Last post: Maplinman, 9 Mar 2019 07:15
I expect a stampede of punters into this stock next week, following this tip in the Daily Mail. (I guess some investors on Friday had a heads up).
https://www.dailymail.co.uk/money/investing/article-6787937/PUNT-WEEK-Eservglobal-offers-electronic-wallets-cross-border-payment-systems.html
Started: kezzman, 6 Mar 2019 17:31
Last post: kezzman, 6 Mar 2019 17:31
tomorrow
Expect a strong opening only buys today hardly any sells and alot of them were buys marked as sells
attack on 8p tomorrow
a delayed 10k buy showing as sell
looking good all 7p stock gone
and market makers moving up on the bid
might close above 7p
Started: kezzman, 6 Mar 2019 14:59
Last post: kezzman, 6 Mar 2019 15:56
agree
Also think alot of movement with this share is the trader element
I'm waiting for the aggressive buyers and big news for the real rerate
Someone obviously thinks something is going on due to the chunky buys.
I thought the last RNS was actually pretty good.
Breakeven is now EUR10M, with income of EUR 7.1M last year and the new contracts already this year of EUR2.6M, then we appear to be within spitting distance of break even.
Of course the legacy business doesn't really matter, but if it sold or spun off then we are a pure play on our 36% interest in Homesend, and that is when it will get really interesting.
We could also be due some action at EPO shortly.
hope we can break 7p and hold then have another go at getting past 8p
coming in full ask
bidding over
nice volume looks like were back on the move upwards
Last post: kezzman, 28 Feb 2019 10:27
think market makers shaking a few out on that RNS
nothing new in it
market makers likely short and collecting some cheap shares from weak hands
sp back up now
Preliminary Final Report (App 4E) & Results Commentary for FY18
market didn't think much of that then
down 10% must be some big sells to come
does make you wonder about the recent rise if it was engineered to let some out?
Started: RayPointer, 26 Feb 2019 12:40
Last post: RayPointer, 26 Feb 2019 12:40
http://www.lse.co.uk/ShareChart.asp?sharechart=ESG&share=eservglobal_di
IMO we have reached a support level today (or as near as makes no difference) and so we may now see upward movement resumed.
Sunday Times today -
"TransferWise is poised to sell a stake that would value the digital payments processor at more than £3bn. Founded in London in 2011 by two Estonian entrepreneurs, TransferWise has appointed Goldman Sachs to sell about $200m (£153m) in new shares on behalf of existing investors."
2018 revenue $151M, net profit $8M, transfers $4Bn per month.
https://www.thetimes.co.uk/edition/business/transferwise-worth-3bn-7zxpn6bql
bank to bank transactions about to take off?
I agree kezzman
To me, the important points in the RNS are:
"In December 2018, approximately 32% of gross value flows across the HomeSend platform were generated from account-to-account transactions."
"As at the end of December 2018, HomeSend had approximately 50 implementation projects ongoing with a combination of both send and receive banking partners."
Now is the time to be buying not selling
think you could regret it, did you read this part of the RNS
As at the end of December 2018, HomeSend had approximately 50 implementation projects ongoing with a combination of both send and receive banking partners.
2019 could really take off with Mastercard snifffing around to
Still way too cheap here.
Weird, the jam was always supposed to be 2019/2020. Strange time to sell.I've added another 200k in the past hour.
Started: skittish, 27 Dec 2018 16:07
Last post: RayPointer, 18 Feb 2019 13:05
Yes, who knows. It is hard to predict price movements on Aim
But 6.8 is a definite recent support level.
not sure it will go that low seems to be dropping on very low volume
got a feeling there are some really big buy orders being filled in the background here
buy the dip
IMO, looks like the SP may retrace back to around 6.8, so this level looks like it could be a good price to buy more
But it still looks like we have quite a few bored holders happy to sell out a bit higher than we were a few months ago.
Yes, it will be interesting to see if that transaction is allowed to go through.
But regardless, it does highlight that Cross border payments is a hot area with the Chinese now joining in.
All bodes well for ESG.
Started: kezzman, 13 Feb 2019 15:31
Last post: kezzman, 13 Feb 2019 15:31
today
then onwards and upwards still way to cheap
Started: kezzman, 12 Feb 2019 13:46
Last post: RayPointer, 12 Feb 2019 15:48
Just logged in expecting a profit taking day
Pleasantly surprised LOL
Yes, there have been some big buys over the last week or so.
Maybe some read across from EPO of people are expecting this to be in play shortly.
I had never really supported the theory that Mastercard were bound to make an offer for this eventually, however the recent action over at EPO has changed my mind.
now
some big boys want in