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Absolutely novicehunter
I totally trust these guys to update when required. They aren't sat doing nothing. They are professionals with great record and support.
No business happens overnight. I have more faith in this than the vast majority of my portfolio.
I'm not a ramper...just offering my opinion...but I'm still adding.
GLA
Noclue, this is the quiet before the storm,
I have also emailed asking whether they are planning on updating share holders of any progress, as there is Ambiguity as to whether the API process for example has been started.
I thought we were cheap at 2p. Bloomin bargain yesterday and today. Surely some news coming soon to wake up the stock.
I look forward to making further announcements as we progress and I believe that 2021 will be a transformational year for GST."
Novice, now I'm showing my age Lol, the words 'Load Up' reminded me of the band 10cc and their hit 'Rubber Bullets, just replace 'Rubber Bullets' with GST shares :O)
https://www.youtube.com/watch?v=-tqSIpr0T0w
Agree ,now is the time before news breaks on the API and all being well to perhaps Load Up?, I have .
@Topcrusher :O) great moniker
Google is your friend as they say;
https://www.londonstockexchange.com/stock/GST/gstechnologies-ltd/company-page
Its all there , Tim et Florence, get scribing mate!
SShhh MP nothing happening here (yet) gives us a chance to load up at this ridiculous price !!
Got back in today.
Looks incredibly cheap with what's to come.
May I ask what has Tim Metcalfe has to do with GST please?
Thanks JB - insomnia? I suffer, but sometimes my best ideas come in those quiet hours.
I have sent an e-mail to one of our 'Investor Relations contacts', re status of the API application. Should I receive a reply I will post it here.
By the way our IRC email adresses are on the London Stock Exchange website.
Tim Metcalfe
IFC Advisory
tim.metcalfe@investor-focus.co.uk
+44(0)7721383834
Florence Chandler
IFC Advisory
florence.chandler@investor-focus.co.uk
+44(0)7958124052
Good luck!
It is the intention that the Company's recently established wholly owned subsidiary, GS Fintech Pte Ltd, in Singapore, will be responsible for running blockchain nodes and will in due course launch a multi-currency, multi-chain cross border payment network and further develop fintech applications for use by both GST's current client base, which already includes a number of leading companies in the financial services sector, and new potential customers.
Could be an update on this side of things as it wouldn’t be subject to the API approval??
Hi jiffy, I have no analysis except I strongly believe it be news different to what we are expecting.
As for your rns on API, I strongly agree with your analysis.
Best wishes schalf
This was purely charts vs value.
As I have said before, anything below 1.8 is a top up from me, and when it dropped further everyone jumped in.
It's all good. Hold for the big one.
Hi Schalf,
Why do you think that an RNS is coming next week?
I reckon any API related news will at the very least be by early June.
Now why do I think that you my ask?
The API process/application according to the FCA site can actiually take up to 3 months or even longer if the information submitted does not meet all requirements etc,.
How long it takes
https://www.fca.org.uk/firms/apply/authorised-payment-institution-api
'We should acknowledge your application within 7 business days. A case officer will then be assigned to your application, to assess the information provided and make a determination.
We will make a decision on your application within:
3 months of receipt (if we have all the information and evidence that we need), or
12 months (if your application is incomplete)'
We were only updated/informed of the staus of the application via the 05th of March RNS, ie
RNS 05th March 2021
'Additionally, the Company's wholly owned subsidiary GS Fintech Ltd, in UK, intends to shortly file an application with the Financial Conduct Authority ("FCA") to be granted an Authorised Payment Institution ("API") licence.'
The thing for me and others I suspect, is that we have learned of the intention to apply via the RNS abut it would be good to know that GST have actually submitted their API licence application.
Maybe we should all e-mail the directors and investment relations officers to ask them to confirm the exact status of the API application., I think this is an important point of interest as to where we are at the moment on this great journey?
Again, all just my thoughts/rationale, whats your analysis Schalf?
@Nanjan I am always hopeful.
Kind regards schalf
Thats the hope shalf
I believe there maybe an rns coming next week .
Hence the raise in sp
Kindest Regards schalf