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And if they are prepared to talk down their stablecoin plans saying that the other businesses are a priority then they must be doing incredibly well.

My view is when they said last year that angra and gs20 were going to contribute substantially that in the full year results ended in a 5 fold increase. They have said this again after the five fold increase, and we also have semnet with their 36 million deal GS fintech pte Ltd and other businesses that will be acquired to add to it. Aware some people have waited a fair bit of time already but believe this will be well worth the wait.

Current trading

During April to June 2024, GST has experienced a notable increase in revenues, reflecting the effectiveness of the company's strategic initiatives and the strong performance of our subsidiaries. Each operating subsidiaries contributed significantly to this growth, with standout performances in key markets driven by increased adoption of our digital payment solutions and expanded partnerships with financial institutions. Our efforts to penetrate new markets and strengthen our presence in existing ones have yielded positive results, with new client acquisitions and expanded service agreements.

i know you want to know what this looks like but unfortunately its likely we will have to wait til interims.

See below wayne

The revenue for the year of US$1.55 million was a 90% increase on the revenue derived from continuing operations in FY 23, with a further significant increase seen during the year; H2 FY24 revenue of US$1.29 million was a fivefold increase over H1 FY24 (US$0.26 million).

and revenue for the start of this financial year is going to be substantially more.

I would also read the prospectus

Https://www.gsend.co.uk/on-the-go

This I believe will be coming sooner than we think

I’m reading that ‘being investigated’ means they already have their eyes on stuff. But who knows

I would say Kat that GS fintech Pte and gs fintech Ltd is news we’re can hear more from soon. This is the gs money app, Gsend and gs money blockchain. We have already seen revenue from this and believe being part of the FCA discussions and possible part of entering into the DSS I’m guessing this could be news we could hear about in the next month once the DSS opens. They were talking about possible further aquisitions in the report

Further complementary acquisitions are being investigated to accelerate Angra Global’s growth and provide the licences and infrastructure needed to operate internationally.

Above from the report, so I think with bonfire easysend and above plenty to look forward too

Someone who has also been with the business since the beginning,

This is my take as well. Even though they aren’t directly buying shares. They aren’t taking opportunities to reduce any exposure in the business same with Lam pek san, who is Vimlogy company secretary, a shareholder with over 60million shares, 10% in semnet (not reduced thier holding) and continuing to drive that business.

That eu entity I believe could be clearbank or even easysend. But they had a clear plan from the beginning to expand into Europe and now that chapter is starting

The critical success factors of the Group’s remittance and e-Wallet services are more reliant on the user

friendliness of the app, user adoption and marketing strategies. The Group will make substantial modifications

to Wise MPay’s standard and modified software. The final products – GSend and GS Money App will be

proprietary to the Group.

The Group expects to benefit from the Collaboration Agreement by diversifying its revenue streams into

significantly higher growth sector – stablecoins, banking and financial technology – and expanding the Group’s

geographical reach into UK and Europe

GS Money App, a mobile neobank application offering fee-free cross border payments. This new payment

service is intended to use regulated stablecoins and blockchain-based 'bank accounts' to instantly transfer

value between US dollars, Sterling, Euros and Chinese Yuan via a mobile device without foreign exchange

mark-ups or additional fees. Once launched, the GS Money App intends to operate as a European Electronic

Money Institution (EMI) licenced service, subject to the appropriate approvals being received. The GS

Money App will not follow a banking/lending business model and it will not be engaging in fractional reserve

practices as undertaken by banks. The cash reserve will be transparently managed by an EU registered

entity that is yet to be established or acquired. Every stablecoin token will be backed 1-to-1 with real

currency.

Https://www.gstechnologies.co.uk/_files/ugd/59e1de_504fc583b6dd49af8b992aff6fc0b4bb.pdf

if anyone wants to see how they are doing with their initial plans look at the strategy and read pages 27 to 34,

Https://clear.bank/news/clearbank-secures-dutch-banking-licence-and-expands-to-europe

Trying to find out if this benefits GST at all

I’m not expecting any significant acquisitions as we are still going to need to pay for easysend and that’s not going to be cheap, unless we issue share capital as part of the payment. That is unless there is significant profit being made from current operations to pay for it. Easysends accounts are due next month so we will be able to get a good idea on how well they are doing

Https://nftevening.com/how-blockchain-is-revolutionizing-cyber-security/

If GST can really synergize Semnet with Gs money blockchain could really up their game with cyber security.

Not that I think it means much still but coalculus is up 1000% again

She clearly wants to be part of the journey, and any wealth relys on Gst doing well.

Maybe she sees the synergies that Gst will bring to semnet and semnet will grow significantly with GST on board. Therefore she will be making a lot of money. She also holds a large interest in GST through wise mpay who she is a 50% owner. Therefore if semnet to do well GST do well and she benefits from both ends

Could be why they haven’t been issued yet, jack bai who’s them nothing as they have already been paid well for the semnet business.