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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?


To: Crazy Canuck who wrote (322)4/19/2000 12:26:00 AM
From: keith massey  Read Replies (2) | Respond to of 960
 
CC,

Two other interesting points out of the Merill news:

As they take more control of their finances, people will want information, product choice and access to international markets. Across Europe, Asia-Pacific, Japan and Latin America, it is estimated that the number of households who are "on the net" and are active investors will grow more than four-fold in the next decade to 50 million.

I would love to get this statistic for the whole world because this will be SEG's target market, talk about a growth industry <ggg>

For now, companies whose market share could be most threatened by the latest development aren't sweating. "We'll have to wait and see what they offer," said a spokeswoman for Germany's Consors. "The German market has already been divided to a large part among the established players...it's too early to say how far (HSBC and Merrill) will be able to establish a footing as well."

SEG can go into these markets and partner with the "established players" immediately. Talk about a nice edge over the competition.

With Merrill taking 2 years to get just 6 countries up and running I am not worried concerned about the threat. By that time Merrill is up and run SEG should have developed a good sized loyal customer base and brand name recognition.

Best Regards
KEITH



To: Crazy Canuck who wrote (322)4/19/2000 10:49:00 PM
From: AriKirA  Read Replies (3) | Respond to of 960
 
Crazy,

Amazing posts as usual!

We haven't even been given assurance they have secured the 10 Million yet either.

I called the Company's IR person about this issue today. She informed me that the company has already received the bulk of the monies from the private placement. She also told me that they are expecting the legal departments of the firms who are outstanding to finish processing the papers soon. Given the volatility of the past few days, I'm sure that everyone involved wants to make sure that they have crossed the T's and dotted the i's. One last thing she mentioned was that they do not plan on issuing a Press release until they have all of the money in their account.


Well, funny you talk about that because I encountered the exact same 'problem' beginning of this week...

Had to close a financing of 175 K $ on Tuesday and couldn't because of the volatility we saw last week. I called up the broker on Monday... His response? Well let's just say that I knew we wouldn't be closing the deal this week! If 175K was such a problem, I would guess that a financing of a few million let alone 10 million wouldn't be very easy to close!

CPT are going for the average retail investor from what I can gather, and offer no banking services.

You are correct that the portal will be open all retail investors. However, if you happen to have been sent a copy of their investor kit, it states on the second page of the brochure that . . . "They will offer institutional account program for large volume transactions." In addition, I feel that there is no reason to assume that affluent investors will not also be using this service. After all, once I make my small fortune from investing in the stock market, I plan to use this portal. <VBG> The longer term outlook for SEG is to move into offering other financial products as well. I'm not sure if banking (in the traditional sense) is one of these services, but I think that given the financial focus of this portal that that idea is not too far fetched.


CC, even if the service is only offered to retail investors, most investors looking to expand their horizons by looking to invest in foreign markets can most assuredly be considered as 'informed or savvy' investors.

SEG will have 40 exchanges up in two years - double the number live in half the time! Even though these firms are giants in the industry, there is a lot to be said for SEG's 'First to Market' and 'Speed of Execution' advantage.

Mr. Chu also made it very clear that he plans to undertake an aggressive advertising campaign to get the SEG name in front of the potential clients who would be inclined to use this service.

As always CC, very concise and straight to the point!

Kind Regards
Ari



To: Crazy Canuck who wrote (322)4/20/2000 1:11:00 AM
From: Eashoa' M'sheekha  Read Replies (1) | Respond to of 960
 
>>I hope you don't mind, but I wanted to address some of the points you made in your last few posts. <<

No problemo.That's what it's all about.I just don't get time to hang around here as much as I used to.

>>I really enjoy reading the information you always seem to dig up<<

Thanks.Wasn't sure If this stuff was being read or not.I consider it imperative to know the market as much as the individual companies on those markets.Glad you enjoyed.

>>I don't know about other investors, but I plan on giving him a few days grace period on this self imposed deadline<<

OK.If we aren't in service by the end of April,the fur is gonna fly!!<g>

>>She informed me that the company has already received the bulk of the monies from the private placement<<

Excellent.Was starting to get concerned there.

<<After all, I can't recall coming across a site that was functioning or designed perfectly from the get go. <<

If they don't get right the first time...

THE FUR IS GONNA FLY AGAIN!! He He

<<In addition, I feel that there is no reason to assume that affluent investors will not also be using this service. <<

I'm waiting.............

Could have made good money this week on the rebound.

<<but don't forget that yesterday the stock price rose 35 %<

I think The golden boys covered.

<<I don't look at this as a day to day step up in price. <<

No..me either..until they go into business it is purely speculative ,discounting the CBIT portion.

<<I look at it as a medium term investment that will show stellar returns.<<

Agreed.This is why I hadn't traded this one.Was expecting a market correction a little later in the spring actually. Regardless...I did fine on a few others to make up.

>>we should have expected competition to pop up.<<

To be quite honest..I though it odd that this type of service had not been considered before,so I searched the net through severial search engines and could find none that offered similar services.

There were a couple that had service only in NA Daytime Hours and were limited in the companies you could trade and the exchanges were very limited as well.Therefore I didn't pursue the intricacies of these as they couldn't really be considered competitive at this time.

The HSBC and Merrill Lynch venture merely solidified my view that this type of business will be in demand once the word gets out there and folks realise what is available to them.

Have Nice Easter Break.

Taurus