Member Info for raharh

Well I hope you are all rested and ready for the continuation of the GST story. Tomorrow should be the RNS on BAKE or Monday at latest but judging by X posts it seems to be on track and January news on Semnet Nasdaq listing and any other new snippets the BoD have up there sleeve. Still not there on the MCAP with know news and so room to grow in any event u til the next results as we continue to print money on the exchange.

Happy new year all, let’s see what this year brings.

PS. There are other shares out there, I wouldn’t put all eggs in one basket ever but I do like my ostrich egg here, makes my other eggs look a little inadequate at the moment😀

All this wondering on volumes on the exchange does not bother me much.

Semnet £28.5m valuation

Cleared 700k of debt (only 70k left) in H1 - we have no debt today I can be confident of

Revenue grew 9 fold in H1

Net assets up £2.8m in H1

CAKE acquired from Cash due to complete within a week or so - whats next?

H2 has been much better than H1 volumes whatever they are (can we agree on that!)

Easysend still in the mix

Garries has been selling down and still the SP has risen

BoD is ambitious and capable

SP now battering 2p and should settle above in the next few trading sessions I would think

Not going to guess the share price - I never do - but MCAP of £37m is not the real value and I think that when H2 results are released those that just see this as a crypto play for the blockchain junkies will suddenly wake up. A lot of water to come under bridge until then and I really cannot see negative news in the next six months - sit back and watch is what I will do.

Just a few highlights that means I can now switch off for a few days and wish all genuine posters and holders a Merry Christmas - do the same guys - spend some time relaxing knowing that next year Christmas Dinner may just taste a little better :-). If you do not celebrate Christmas then take a break anyway - the markets will - rest recharge and look forward to 2025!

See you the other side of Turkey!

I would be shocked at 2p today - but you never know - not in it for today anyway !

Wont be long before Scarlet is back but good to see a civil board today - I think most people know what is coming.

Last Friday of trading and looks blue so let's just have a happy end to the week in the knowledge there is masses of potential here.

Have a good day all - Christmas Parties in full swing this week so will concentrate on the Guinness rather than the 400+ posts per day.

If you have done your own research you will be chilled, if you have not then time to do so before there are more RNA releases - roll on BAKE completion and here is to a great 2025!

Got to love these chat boards - people do what you want - trade / ramp / de-ramp / trash / buy / sell.

The two salient points that I did not know until the RNS are:

· Net loss for the Period reduced to US$69k (H1 24: US$737k loss) as the Company's operating businesses gain traction whist the Group continues to invests in developing its GS Money solutions

So we will now be moving in to profit in the current period with the volumes and BTC bull run, and CAKE ..

· As of 30 September 2024, the Company had US$2.91 million in cash and cash equivalents (30 September 2023: US$2.19 million)

Cash is up - so liquidity for operations and then cash for acquisitions - I cannot see a raise needed anywhere (CAKE bought with cash)

MCAP now at £30.2m - Semnet alone worth £28.5m

I am not ramping or de-ramping or telling anyone to do anything - I am here for the next twelve months, not today, this is the normal sell off - sell on what is the final RNS of the year so it has peaked and people taking profit and moving on, no issues with that.

I just cannot believe people have the energy to spam these boards with non fact 'I am right, you are wrong' without backing it up with facts and just enjoying it when the SP goes down and telling everyone it will go down when it goes up.

Each to their own - I suppose moral character and ethics are a thing of the past with certain generations.

Everyone enjoy your turkey - I thought this was undervalued yesterday based on my own assessment today has reinforced that with the RNS - others can do what they like - I have decided to hold.

I just have seen how a wider pool of crypto friendly investors have helped UK shareholders in the past and it has worked from what I have seen before. Not critical - the rise will speak for itself in any event but I think it could give a boost - was not in or have been in RR.

Does not matter to the company strategy which is the reason I am still sat on my hands - the other info is for newcomers if they can avoid the noise!

RNS dated 19th November

- The parties agree that the proposed valuation ascribed to 100% of Semnet for the Potential Listing will be US$54 million, of which GST's 67% ownership of Semnet is agreed to be valued at US$36 million subject to the Potential Listing being successfully completed.

So GST own $36m which is approximately £28.5m - so yes GST own £28.5m - with a MCAP of £37.5m and everything else they have going on is why I think the SP is ridiculously low. That would value everything else (GS20 exchange, CAKE etc... at less than £10m).

I posted this 24 pages ago - seems like 5 minutes with this board but there is so much needless whooping, ramping and de-ramping I have cut and paste here in case there are any genuine people new to the board who wonder why people are so excited about this share. Read the RNS' and make your own mind up - I have made mine up.

I add one change which is one I forgot to mention on the original post; We have an ex BoD member with millions of shares (over 5% at last count) selling down and we are still rising in to that sell down.

There are some posters here who have FAR more knowledge and have been here longer (you know who you are). I am sat on 3.5m shares at an average of 1.43p which is higher than most but I have bought in recently due to the tailwinds in place:

GS20 trading volumes and therefore commission

Semnet 67% ownership to be listed on Nasdaq (£28.5 valuation to GST alone)

Semnet consideration paid from treasury - no dilution

AngraFx, BonfirePay, Easysend ....

Start of a crypto bull run - BTC above $100k - now $105k!

Pro crypto presidency in the US less than 5 weeks

Interims due this week - I cannot see negative news in there

Icing on the cake (sorry!) is CAKE - unexpected - unlocks regions and a proven tech with revenue, operations will be integrated (and therefore cost synergies realised).

Importantly - CAKE bought from cash reserves - earnings enough to do that and keep liquidity ... we are making money ... just digest that .... enough money to buy assets, so plenty of money and more with CAKE now.

This is better than I felt about ARB at the last run, who ultimately got it wrong and was a miner in an arms race and did not have the benefit of capex control. That went from 10p pre-christmas to over £3 I think (I bottled at about £1.20 but cannot complain). I am not saying this is the same as ARB has been poorly managed over the last three years, what I am saying is ARB was in the right place at the right time at the start of a bull run - could have done better and was let down. GST is not in an arms race - please just trade crypto people - we dont need to keep buying machines!

GST is totally different and the only crypto play on LSE that I can see that is in the right place at the right time to take advantage of the great strategic leadership and ride the revenue and volumes whilst joining up assets and buy in geographies - CAKE inspired (just saying it again!)

My one ask of the BoD would be to put GST on a dual listing on OTC as soon as possible - the US are more crypto friendly investors and are used to it and Trump will encourage them more. GST can look at NASDAQ down the line - just open the door at the moment. When ARB did this it 10x within a week or so as demand over the pond drove it.

Still holding - not letting go and will enjoy the turkey knowing 2025 should be good!

Totally agree - that is where I was going in my post - Right time right place!

I would just love the BoD to list on OTC - that lit a fire under ARB

Thanks!

What do you guys use for live data and level 2 data - who with and what's the cost? Never bothered with it but might get subscribed somewhere just to see it - won't change much as I don't like trading (and I am really bad at it when I have tried!) but would be interesting to see it.

Just remember - this rise has been moving despite Garies selling his holding. Hoping he is out soon - that will be his remining 5% in the hands of people who believe we are on the right track (which I do)

There are some posters here who have FAR more knowledge and have been here longer (you know who you are). I am sat on 3.5m shares at an average of 1.43p which is higher than most but I have bought in recently due to the tailwinds in place:

GS20 trading volumes and therefore commission

Semnet 67% ownership to be listed on Nasdaq (£28.5 valuation to GST alone)

Semnet consideration paid from treasury - no dilution

AngraFx, BonfirePay, Easysend ....

Start of a crypto bull run - BTC above $100k

Pro crypto presidency in the US less than 5 weeks

Interims due next week - I cannot see negative news in there

Icing on the cake (sorry!) is CAKE - unexpected - unlocks regions and a proven tech with revenue, operations will be integrated (and therefore cost synergies realised).

Importantly - CAKE bought from cash reserves - earnings enough to do that and keep liquidity ... we are making money ... just digest that .... enough money to buy assets.

This is better than I felt about ARB at the last run, who ultimately got it wrong and was a miner in an arms race and did not have the benefit of capex control. That went from 10p pre-christmas to over £3 I think (I bottled at about £1.20 but cannot complain). I am not saying this is the same as ARB has been poorly managed over the last three years, what I am saying is ARB was in the right place at the right time at the start of a bull run - could have done better and was let down. GST is not in an arms race - please just trade crypto people - we dont need to keep buying machines!

GST is totally different and the only crypto play on LSE that I can see that is in the right place at the right time to take advantage of the great strategic leadership and ride the revenue and volumes whilst joining up assets and buy in geographies - CAKE inspired (just saying it again!)

My one ask of the BoD would be to put GST on a dual listing on OTC as soon as possible - the US are more crypto friendly investors and are used to it and Trump will encourage them more. GST can look at NASDAQ down the line - just open the door at the moment. When ARB did this it 10x within a week or so as demand over the pond drove it.

Still holding - not letting go and will enjoy the turkey knowing 2025 should be good!

I had a challenge and had to buy in smaller tranches to get to my holding over the last week.

Chat will explode today - but it would be good if someone could check my maths.

Semnet value is $36m which based on 1.98b shares has a fair price of 1.82c to meet the MCAP of $36m which is roughly 1.4p so the current SP is supported by Semnet alone and not the other activities (GS20 etc...) and certainly has room to grow.

Probably not fully priced in as it is not listed at $36m share - it is proposed to be - does anyone have any experience in knowing the time from appointing advisors to listing?

For me the positive news flow up coming far outweighs the potential issues with a real asset to be listed on the NASDAQ and so it is a sit and wait now (and accumulate) as there are many angles of growth available now.

For new visitors – the board may seem quiet but is because we are awaiting news. I am relatively new and just wanted to post this up to help people to get to get up to speed with Seascape as you may have seen it starting to climb.

Below is my potted abridged recent history which hopefully will help.

Topaz acquired and Block 2A interest increased to 52.5% (RNS 21st Dec 23)

Pivoted to South East Asia (RNS 17th June 24)

Changed name from Longboat to Seascape Energy Asia (RNS 18th September 24)

Award of DEWA Cluster (RNS 21st Oct 24)

In essence Block 2A (Kertang) looks to be huge and has a potential to really increase the value of the company. A Farm In agreement is expected before 31st December which everyone has positioned for. The potential underpin to the share price is a very tasty £14.65.

Irrespective of Kertang – the DEWA cluster is being developed and has an expected value that under pins 75p to 100p on the share price.

You take these two and 40p has a lot of perceived value at the moment and only 60m shares in issue.

I would recommend everyone watches the last investor presentation which I hope someone can post the link next as I cannot find it!

We have hovered in the mid-30s for a while since news and the RNS yesterday showed why – PCP were selling down 5% which held the share price – that has been released as todays movement shows and we will see where it goes.

There are plenty of posters on here far more knowledgeable than I am (Yes I am talking about you ZENGAS) but most have positions now and may add some but are waiting for an RNS on the Farm In expected in the next 6 weeks.

Sorry if I have got anything slightly wrong but that is my take and hopefully gives people a start who are looking at the rise and wondering why there is all the excitement here even though the board is quiet – mostly serious posters here at the moment.

DYOR as they say!

With PPC out and people having taken positions it seems as though the buying pressure is there. PPC will wonder what they have done as this grows but everything for a reason.

ATH is 113p - with a following wind on the RNS we should be able to break that if the stars align.

Sat on my hands now awaiting news ...

What is really interesting is that the SP has held up so well with them selling down over 3.2m of shares. So if that now stops and people start to buy the SP should gradually rise to the expected RNS.

6 weeks max we hope ... tick tock tick tock!

From what I can see the shares are actually been cancelled on the day of purchase. So by end of year do you mean end of December - I am assuming so? Is there any reason they are not being more aggressive on the buy backs - are they looking at share price stability?

Just wondering 5.75m is the best part of 47m at the current price and that would mean increasing buy backs to north of 1m per day to the end of December to achieve this unless they are not precious about spending all approved funding on buy backs.

Everyone in the same boat - waiting for the RNS to drop now which is expected before Christmas.

When it drops I am sure the board will fill up ....