CSFS.L Share Price (CSFS)

ST upped his fair price to 60p in latest issue of Investors Chronicle magazine.

Consider this. The annual report says that growth in customers was from 803 to 906. That's as at 31 December 2023.

The website says "Today, Cornerstone’s provides multi-currency accounts to over 1400 businesses and individual customers" That's just 5 months on.

I don't think the market is factoring in enough growth for 2024.

I think people don't get how big the potential growth runway is. They see a big increase in revenue in 2023 and adjust the price expectations to be in line with that. They haven't accounted for the new license in Canada with revenues starting hopefully in Q3, a new license in UAE imminent, the Mastercard offering beginning in Q3, potential expansion into Hong Kong (iirc) and what might come after that. There's a big world out there and the revenues we've seen are from the UK only so far. If the expansion is handled correctly, what might this company look like in 10 years?

As indeed I did

Paul’s interviews seem to have this effect on share prices. Was just sell on news yesterday so great opp to buy now