UK 23:57 Thursday, 29 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Previously writing on eServGlobal (ESG) in May it was with the company emphasising “the core business benefitting from a much-reduced cost base, which is already showing signs of progress against a refreshed sales approach”. Now a 2:35pm “Trading Update”. Hmmm – on a significant Brexit afternoon, an attempted no-one watching o’clock?...
Last writing on digital financial transactions technology company, eServGlobal (ESG) I concluded, in January, with the shares at 11.5p that I’d want significant further progress from here to be comfortable with paying the present valuation. There is now an AGM update…
Previously writing on eServGlobal (ESG) in October it was following the recent pump…, with that announcement also including “we expect the core business to achieve EBITDA breakeven in the 4th quarter of 2017 as we continue the structural changes to the business”. There’s now a Core Business Trading Update…
At the end of June I commented on eServGlobal (ESG) that the interims argue “strong outlook” & Homesend “sales expansion”, but that the financials remained troubling. There’s recently been a pump – 2nd October; “HomeSend progress in the banking market”, 10th October; “eServGlobal outlook and business update” announcements – seeing the shares up from sub 8p at the end of last month to above 12p, closing yesterday at still above 10p… and so now “the company is pleased to announce”…
eServGlobal (ESG) has announced results for its half year ended 30th April 2017 including “a strong outlook for the year” for the core business and that the Homesend joint venture payment hub “is experiencing a sales expansion which it expects to become more significant across the remainder of 2017”. So why do the shares remain sub 6p, well down from more than 8p reached earlier this year?...
Having recently recovered to comfortably above 7p, shares in eServGlobal (ESG) are currently sliding back towards that level despite an AGM Statement including “we expect sufficient order flow in H1 to support our outlook of breakeven in the core business in the 12 months to 31 October 2017, and progress by HomeSend remains consistent with reaching a breakeven point during this calendar year”…
eServGlobal (ESG) has announced results for its year ended 31st October 2016 emphasising “steady progress in the re-alignment of the business” and “we are confident we will provide further evidence of our success in the year ahead”. Hmmm…
A trading update for its year ended 31st October 2016 from mobile financial technology company eServGlobal (ESG), sees its Executive Chairman, John Conoley, "proud of the achievements of the company in its core business in FY16 after its poor start… we have embarked on FY17 with justified optimism in the core business”. The shares have responded currently slightly lower to 6p…
Shares in mobile financial services company eServGlobal (ESG) have recently moved higher on the back of a trading update particularly emphasising that “the company confirms it remains on track to achieve a small EBITDA* surplus for the core business”. However, researcher Edison has now updated including “we have revised our forecasts to reflect H116 performance, reducing our revenue and EBITDA forecasts”. Hmmm…
Mobile money company eServGlobal (ESG) has followed a claimed “significant contract” which saw guidance only maintained, with a contract win in West Africa which purportedly “is further confirmation that a recovery in the sales engine of our company is now underway”. Hmmm…
eServGlobal (ESG) has announced what it immediately claims as “a significant contract to supply its PayMobile software”. However, despite approximately €2.5 million of the €6 million contract value to be recognised in the company’s current year to 31st October, it only “maintains” financial guidance. Hmmm…
