Trustpilot Share Price (TRST)

Morning All

I am new to this share so have started looking on to it and notice many are bullish on this chat about it

Profits v Market Cap ratio is staggeringly high - assume those that are bullish are comfortable with this - whatbis the rationale?

Whilst I tend to agree that companies look to pull back on expenditures, I don’t see expenditure like trust being in that. Trust isn’t only a mechanism for approving service quality of products offered by eccomerce services but also regulated service based sectors like insurance where trust testimonials can help show adherence to fca regulation like treating customers fairly principles and so forth.

We may see a slowing of growth as online sales slow but the macro environment is on the turn and last years growth was very good in a harder environment. DYOR but I am bullish and intend to top slice my holding at around 290p as my average sits around 120p

Lots of websites are cutting back on expenditures at the moment as online sales slow, as such companies are cutting costs on things like trust pilot and focusing on digital to drive sales.

Sorry if I’m being dull but they sold down their entire stake getting out at a loss did they not? Based on the ipo subscription price?

I’m in this long term and have been in since 110p so todays drop doesn’t phase me, just annoys me that they decide to sell up large stakes at the worst time, they did it when it went on a run on results previously. I feel that’s why it dropped on the last trading update as markets thought they would do the same thing if it ran up, then when it ran back up to 235 they did the same.

Just bought 10K them selling means nothing their going to take profit some time or another.