Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just a theory...
So - when do RNS’s get lodged, think 1pm usually talked about.
When did GST spike today ..mmm
PP
Strong day / week - she moves quick.....
Hold for gold.
PP
Indeed, purpose was to re-iterate and re-focus on fundamentals of investment.
Not much more needs to said to either current or potential investors - IMHO.
PP
Good to see blue on the board - she moves fast.
Applying for ‘Authorised Payment Institution’ in both London and Singapore (latter RNS).
“ GS Fintech's initial directors will be the Company's Chairman, Tone Goh and recently appointed Executive Directors, Jack Bai and Shayne Tan. GS Fintech has been established to help facilitate the Company's planned expansion into blockchain related technologies and services, particularly in the financial sector. It is intended that GS Fintech will apply to the Financial Conduct Authority ("FCA") to be granted an Authorised Payment Institution ("API") licence in due course.”
Just let that FinTech play sink in.
HUGE.
PP
Agreed - this will fly this year
Anything starting with a 1’s would be quickly bought and last briefly before back into 2’s.
This share moves in 10%+ as matter of course so give just got to be GHIF with volatility if you medium to long term holding.
News will come - and will re-rate. Selling in the current range would likely be difficult to get back in without taking a hit.
Good luck all - confidence still high.
PP
Calm Calm.
News sends this back to 3p and above in a flash.
PP
Hold don’t fold.
PP
......buys reported as sells!
ignore data as not accurate due to the spread today - so many buys reported as buys.
PP
Agreed.
Reminder:
Per Shayne (new GST Director and Director of Coalculus):
- " UK is becoming a hotbed for Coalculus. GST made it possible"
- "Hi Lesley, bitcoin and other cryptos is a necessary part of any fully decentralized network. It acts as the 'gas' to pay for transactions and as an incentive tool to get more participants to validate the transactions on the network. More validators means more decentralization, and stronger network security.
Cryptos that don't live on the blockchain is no different from the digits in a centralized database. Paypal is one good example. Good thing paypal is beginning to accept crypto payments"
Above from Shayne - I think we can safely say yes, GST is vehicle for enterprise blockchain commercialisation of Coalculus underpinned by COAL coin.
Additional re-post of info shared by Shayne:
"1 - what is so different about COALculus vs competitors doing what is similar to coalculus?
Coalculus is a multichain hybrid blockchain platform with a time-tested and stable consensus algorithm at its core. Our tech is built on Java and it’s been proven to be highly scalable and secure unlike most other POS blockchains, i.e., Eth 2.0 which is still in its infancy stages.
On the enterprise side, the Coalculus enterprise blockchain platform comes with more than 100+ custom APIs, smart contract and is optimized for hybrid deployments. Optimization for hybrid deployments is an important differentiation factor because this enables us to invite large-scale enterprises to build blockchain based networks and apps on top of their existing IT and cloud assets without worrying about networking and system security.
2 - as co founder of coalculus with Jack, how much of GST resources is being directed to fund coalculus?
On the topic of blockchain investment, I'm afraid I won't be able to discuss with you beyond what is already publicly available. Please check the appropriate channels.
3 - what are some roadmap or rough plans/ goals for coalculus in the next 1-3 years?
Coalculus roadmap has been widely published on several blockchain websites. Here are some bite sized information:
Q2-Q4 2021 Focus on Enterprise Chain migrations.
Q1-Q4 2022 Expand global partnerships for our digital money solutions.
Q1-Q4 2023 Implement series of technical upgrades to increase transaction throughput"
PP
Great research - Coalculus clearly well positioned in industry due to blow (per link below)
We know share moves quickly both ways due to low free float.
https://www.cnbc.com/2021/02/22/forget-bitcoin-fintech-is-the-real-covid-19-story-jpmorgan-says.html
Hold tight - sit back, enjoy the ride.
PP
Reminder:
RNS Newsflow breakdown:
API approval application to FCA
- GS Fintech Singapore legal entity set-up #DONE#
- API approval application to Singapore Reg
- API approved by FCA
- API approved by Singapore Reg
- Multiple Price extensions.....!
- + any other blockchain announcements
- Director Purchases
- Legacy business updates / contract wins
Strategic blockchain / fintech ‘RTO’ funded and in play....
MCAP = circa £35m
Major Shareholders (per earlier poster)
Name Amount Holding %
Mr. Chiah Chiu Raphael Teo 232,603,260 19.49%
Loong Fatt Garies Chong 208,387,081 17.46%
Mr. Kay Kim Tone Goh 43,234,348 3.62%
West Park Capital Managers Ltd 4 3,234,348 3.62%
Roland Anthony Choy 4 3,234,348 3.62%
Dyal K Balasingam 34,587,478 2.90%
Malcolm Groat 1,000,000 0.08%
Peel Hunt 114,770,949 9.62%
Jack Bai investment vehicle 198,000,000 17%
---------------------------------------------------------------------------------------------------------
721,051,812 77%
Free Float 274,430,190 23%
Expect it to move fast when news comes....
Zaks prediction -
https://www.share-talk.com/share-talk-bulletin-board-heroes-tuesday-26th-january-2021/#gs.rvhsfb
Link to GST website - https://gstechnologies.co.uk/investor-centre/
PP
Response from Shayne..
“Good read! Fintech is getting a makeover thanks to blockchain. Companies that fail at digital transformation will lose. This is not rocket science ????”
#ShayneKnows
Forget bitcoin — fintech is the ‘real Covid-19 story,’ JPMorgan says
https://www.cnbc.com/2021/02/22/forget-bitcoin-fintech-is-the-real-covid-19-story-jpmorgan-says.html
PP
Other comments from Shayne:
"UK is becoming a hotbed for Coalculus. GST made it possible"
In response to query about making Coalculus more accessible:
"Indeed. Coinbase and Binance is definitely on the cards. We're getting there slowly but surely (due to compliance)."
Above based on Coalculus chat - hence Coalculus focus but clearly intertwined now with GST.
GST will be face for driving Enterprise Blockchain commercialisation.
I've build stake further today on dips.
PP
Coal to list on 3rd exchange.
Agreed Ladydec - and expect much has happened / progressed with coalculus blockchain since interview.
On verge (if not already) of API submission to FCA gives indication of that progress, plus shows how quick this will move.
Expect funding to be required at some stage - but that’s the norm for growing companies looking to kick on and capitalise on significant opportunities.
PP
Great find Ladydec - must listen for all.
Objective = Enterprise blockchain technology focus to be used by financial institutions and banks and build products for payments and coin usage (sovereign and stable coins) which are financially compliant.
Context = Rival / compete with likes of JP Morgan Coin / JP Morgan Quorum Blockchain and HyperLedger Fabric. Aim to be equivalent or superior.
Per below, acquired Quorum acquired by Consensys last year with JP Morgan retaining undisclosed stake:
https://www.google.co.uk/amp/s/www.coindesk.com/consensys-acquires-jp-morgan-quorum-blockchain%3famp=1
Hyperledger Explained:
https://www.ibm.com/blockchain/hyperledger
So aiming high.
Useful article on the rise of Private Blockchains:
https://www.euromoney.com/learning/blockchain-explained/the-rise-of-private-blockchains
Clearly GST will be vehicle for taking coalculus enterprise blockchain to the markets with aim to commercialise more widely across 2 key financial hubs - London & Singapore.
So whilst early stage for GST, Coalculus has been in the making / development for years and presume well received within south-east Asia financial business community to progress to effective ‘RTO’ on AIM.
So not such a speculative investment after all.
Exciting.
PP