Member Info for Danger_Mouse

Price under the placing of 1500p so I have added. Summer low volume and poor UK economic data.

The pull back on Friday was on low volume. Next week will be critical for direction as WISE sits on a trendline. I think stop losses will be at 1000p. But critically financials, especially European financials are up really strongly last week (e.g. see 3BAL that I own and reduced on Friday). WISE will be performance chasing along with some PE like CHRY and AUGM.

Net Treasury Income(NTI) sometimes referred too as Net Interest Income (NII).

Yep, with such a low valuation bordering on value stock territory, any upside revision will trigger a violent re-rating upwards. Remember – this is a quality company with recurring subscription-based revenues. Earnings upgrades, M&A or even a slight shift in sentiment could be the catalyst. When that happens, the re-rating will be fast and powerful.

Hope you got out. I am adding as the rate cuts dry up and this likley the last one for a long time then WISE can earn NTI.

Still extremely cheap for vet high growth and very low P/E.

De-risking I suspect.

With 15% Japan Tarrif news, I think there is a shift in global trade sentiment. More shorts should close. If car makers in Japan auto sector stocks can do +14% in a day then this kind of trade certainty should give CKN +30% over the year.

Do note Cerillion’s slowdown in H1 was timing-driven, not demand-driven. With a strong pipeline and confirmed guidance, the company looks set for a rebound in H2. The strength in recurring revenue, net cash, and new contracts further mitigates risk.

When I mentioned it was expensive in P/E terms CER is cheap relative to its growth, especially under the placing price, now trading at around 21x forward P/E, with a PEG ratio of 1.3 and delivering 16% EPS growth, while maintaining strong margins, high recurring revenue, and a debt-free balance sheet, a premium-quality tech stock at a reasonable price. It may fall more. Pound cost averaging over the summer, the results are some time off so this is a gift ahead of those results as you now everyone will pile in closer to results.

Next trading update is whenever right? Next set of results is 9th September so blue sky until then.

Corpays valuation is mid twenties P/E so I think £40 is reasonable?

As PI's we are simply here for the ride and it is encouraging to see chunky trades happening rather than low volume PI euphoria. I am fairly confident the take over price will be £38-42. Importantly long term yields are on the march up again showing confidence in the economy and government spending needed.

They are clearly aiming to get a deal done before summer holidays. Get your shopping list ready for the proceeds. Long end of the rates are still very high so NTI a big consideration. Banks like HSBC or even WISE if it falls back down in the summer as rates will get cut but likely remain high.

Currently down due to pre-IPO holders allowing to sell... opportunity for sure for long term holders having a much lower forward P/E (~10–11×) than others, giving a PEG under 1.0.

We will most likely get an extension on Monday. An extension is as good as good news but it will be summer soon. 🏖️

Feels like an exit is happening and this should regain a trend upwards and the numbers make this a sound quality growth company. Plenty of runway before results.

Feels like a good time now for a long term investment, with "time" invested should offset the expensive price as long as they keep delivering .

Seems to be pulling back a fraction as we potentially get towards certainty. Amazing value for a quality company given the cash position. I think shipping will survive and SKN come out stronger being the experts in the area.

Estimated total spent > 3,486,038 × £11.40 = ~£39.75 million of the £50m. Seems odd it fell so short. They may have held some powder dry in case of further weakness!?!