Updates

eServGlobal

January 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

eServGlobal’s non-core mobile software business in Africa continues to cast a tall shadow over the rapid rollout of the HomeSend joint venture with Mastercard. This month eServGlobal said that some orders which were expected to close in December slipped into 2019 and consequently 2018 sales will be lower than expected at €7.0 - €7.5m, although the cost base has also come down faster than expected due to restructuring. It is starting the new year with contracted support and an order base of €7.5m.But the story remains the 35.69% stake in HomeSend, identified by Mastercard as a key cross-border transaction platform and which is entering its most crucial phase. HomeSend has made a strategic expansion f ...

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Idox - Disposal of loss-making arm

IG Design

eServGlobal (July 2019)

eServGlobal (June 2019)

eServGlobal (February 2019)

eServGlobal - HomeSend placing (October 2018)

eServGlobal - HomeSend signs up very large bank (April 2018)

eServGlobal (February 2018)

EServGlobal - An attractive future with Mastercard (January 2018)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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