Member Info for mr10bagger

There has been the sale of the original business that the company listed with EMS Wiring.

Jack Bay appointed ceo

Establishment of Singapore subsidiary GS Fintech PTE ltd

Acquisition Angra Uk based for low cost fast secure foreign exchange transactions purchase price £800,000 at time of purchase £69,000 before tax profits and £1.5m in assets seems a very good buy price.

Collaboration Wise M PAy launch of GS money protocol a blockchain enabled neobanking business.

Acquisition Lithuanian Crypto exchange license for 27,500 Euros.

A price fall to ..28p as of 22nd Feb 23.

Some say history does not repeat I say a study of history is worthwhile as it often repeats. A company whose shares have 10 bagged in past is more likely to bag 10 bag in the future than one that has never 10 bagged in general that is.

Much like the first time we see an investor taking a position re the conversion of loan notes around the time of Feb lows. A stablecoin application for admission to UK FCA, sandbox application. Less than six weeks later the shares have 4 bagged, we have seen a pull back since the 10 bag target is 3.08p for a repeat of history in 10 bagging terms which corresponds roughly to the high set Feb 21.

10 Bag Catalyst. The catalyst for this rise to 0.27p from a low of 0.021p recorded just 7 months previously was undoubtedly the news that Inspirit Energy had invited to demonstrate their Stirling Technology to a large Swedish Marine Engine Manufacturer, with a view to initiating work in this direction. Two days after this announcement INSP had 10 bagged from its low.

24th April 2019 and Inspirit Energy INSP shares were trading at a then low of 0.021p, by the 12th November the price was 0.035p but by November 15th 2019 they hit a intraday peak of 0.027p making INSP a 10 bagger.

Today I look at what were the main catalysts for GST 10 bagging in such a short space of time. GST listed November 2018 there was little fanfare and the shares drifted lower the company was focussed on ICT and I can recall it being viewed as rather dull, so what changed to this perception.

1. An Investor Group lead by Jack Bai a successful tech entrepreneur who had built and exited multiple companies including fintech and payment solutions invested £198,000 into GST @0.10P

2. Jack Bai joined the board of GST

3.Moving quickly to establish a UK subsidiary GS Fintech Ltd as companies first stage of establishing a blockchain focussed business.

4.The above occurred at a time when the crypto market was booming and all eyes on blockchain technology and changed the perception of GST, seeing the shares move to a intra day peak of 4.5p on the 11th Feb 2021 remarkably less than a month after the Investor's group investment @0.10p and making GST not just a 10 bagger but a 40 bagger from its low.

Today I look at GST 10 bagging history and find it has done so once previously and in spectacular style. Anyone buying on 22nd January 2021 would have seen a staggering 40 bags in just 14 trading days. Clearly this is a share to watch and one which when it moves can do so quicky. Moving forward I will look to see what sparked such a staggering move in such quick time.

Everyone likes a 10 bagger and finding such a share can make a huge difference to your returns.

With that in mind I intend to post on shares that have either 10 bagged in the past or I believe could do so in future.

Thank you ENKI for putting GST TECHNOLOGIES TICKER GST my way. I see it is not only a former 10 bagger but 30 bagger so qualifies. The low since then has been 0.285p.

So I initiate coverage of GST at 0.62p with a 10 bag target of 3.135p from the low of 0.285p. This would represent 4 bags from the current price and a 10 bags target of 6.82p from the current price.

Everyone likes a 10 bagger and finding such a share can make a huge difference to your returns.

With that in mind I intend to post on shares that have either 10 bagged in the past or I believe could do so in future.

INSPIRIT ENERGY INSP fits that bill it is a former 10 bagger and I believe has potential to do so again.

So I begin coverage of INSP @ 0.008P MID PRICE.