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Price just couldn't get through 8p properly, this time. Retracement almost finished in my opinion but still has a tad further to go. 8p will be minced meat on next attempt.
Looks like peeps not seeing potential.Selling off again
its the best time to buy when no ones interested sit on em for a bit
What's happenng
than it was yesterday. wish I had spare funds to top up. "HomeSend is currently the ONLY PROVEN multilateral mobile remittance hub that includes both transaction processing and settlement layers." (Capitals mine for emphasis.) That's one heck of a global moat we've got around ESG :)
I am so surprised about this.Its just falling.Is it impatience or something we dont know.
At present.. people selling off due to impatience only, the rerate hasn't even begun..
dont think they are all sells well hope not atb
Lots of sells this morning.Which way is this going?
Bright news for ESG in today's FT that Ethiopia's annual economic growth has been 10% for past 12 years and expected to jump from 103rd to 66 globally by 2020.
This is HUGE. The herd will catch on when we are in double digits
You are so right.I have a lot of these and I will be holding on to them.This is big
Folks just cannot see the upside here
Agreed browneyes. So quiet on here despite its massive potential (and Tops ramping it on Twitter!). Under-valued and under the radar . . . for now :)
Bit surprised this is't moving up quicker
That was £100m PROFIT based on Homesend having only a 5% market share. So easy to see this could soon command an mcap into hundreds of millions
It's the former, 600 billion moved. There's been a brokers report circulated on twitter that suggests ESG could be looking at 100 million annual revenues from this early on - giving MC of ~1 billion. ATB
What Market share does Homesend currently enjoy? More interestingly, what are they targeting? PS. When it is stated the market is worth $600Billion - does this mean there is $600billion moved via remittances and therefore earnings are made as a % of that OR that the remittance market generates earnings of $600Billion? Given the size of those numbers, I assume it's the former. In which case, does anyone know what % of that $600Billion remittance 'corridors' stand to earn?
This to tick down to 8 and then have a good run from there at 8.5 then 10
like a bit of a consolidation day we have not had a bad little run & more to come. we are in with the big boys here & tech stocks becoming the darling of aim atb
Those trades at 8.175 are buys not sells
True,but have been in shares before and a RNS drops the next day,ticking along nicely at the moment.
But then you see them all the time and nothing happens....
of 10p not looking too far off, then it's onwards to 20p and a £150mill MC. Still not much given ESG has 37% in a global electronic money transfer business with MasterCard - a business set to be worth in excess of 600 billion next year!!!
Watching this moving up 5-10% a day no spikes just real rerate to true value. Be patient, but plenty of upside to come