Member Info for Dibbs99

Do we think someone will bid for this?

So 0.714 (factor) x 118p (HICL share price) = 84.2p once conversion done?

As a shareholder in both am trying to work out if this is good news or not!

Which platform did you use?

As an example of the jobs showing new areas, here's a listing taken today from WISE's tokyo office look like they are going for a banking/payments license:

This is not your typical business development or relationship role. You are responsible for accelerating the expansion in Japan being extremely hands-on to drive the expansion effort. You will have full responsibility for overseeing our license acquisition, banking and payment scheme partnerships, figuring out a next level growth strategy and executing on it. Through your work, you will have the ability to directly influence our product capabilities in Japan.

Interesting new offer from PBEE to provide 1% match to contributions (with a budget of $10m) wonder if state street are funding this?

https://finance.yahoo.com/news/pensionbee-pledges-1-match-1-140500325.html

Interesting to hear the CEO's replies are weak - good scenario here is that they are working on something and don't want to tip their hat. I haven't done this but one way to track this is to look at WISE job openings as these are a good signal for what they are working on currently / next. I have seen this successfully analysed before where the job adverts spell out what projects are going to be worked on.

Just bought today on fidelity...

People have been saying crypto/stablecoins will derail international payments for years, and it does have obvious potential. but right now it's not free to transact on crypto, there's fees to get your money into crypto/stablecoins, fees to send it and fees to get it back to FIAT currency again. there's also trust issues and too many vendors / providers. all that to say I think it'll be a while till we see a threat to the likes of WISE and in the meantime they might go down the stablecoin route themselves. Revolut are probably the biggest threat, they are hoovering up young customers internationally who will earn more money overtime and start transacting more. as they do they can also net off currencies from holdings in different countries to facilitate cross border payments and take WISE's trade, Revolut are known to be fast and loose though and I think at some point there will be fraud / money laundering issues. many banks have fallen down this route over time through rapid international expansion (HSBC, BCCI etc.)

Regarding the reduction of fees, I mentioned it before but really I see Vanguard (US asset manager) as the model there. the more money they make the more they reduce fees, the lower the fees the more customers come, the more money they make. Now they are set up as a mutual I believe so the profit goes back into the business to fund those lower fees but the circular model of lower fees, more customers, more revenue, lower fees and on and on really can work especially in this space.

As a user of cross border payments (almost daily) I look at 2 main things. The service to work as advertised, then - which of those services has the lowest fees. WISE works and it has the lowest fees so it gets my business and all that of the expats I know where I live. I literally pay more to Lloyds bank to draw from an ATM here than I would to send money here FX'd to local currency and withdraw it. Some bank accounts have (no fee withdrawals) but then they make their money on the FX spread. I have to confess I haven't tried Revolut yet which is the serious contender and I need to research more.

Were these picks in the IC? I learnt that lesson the hard way a while ago...

WISE had >16,000 trades today, which is more than BP... 10bn market cap company but all very quiet on this board, no LSE holders?

I was in here at 140p (ouch) and topped up at 111p (better). overall I'm up from many years of holding and re-investing dividends but this certainly doesn't shoot the lights out

I think this is a good price to hold long term for the yield you get at todays price

Gilts are rising ahead of the budget.... lets see

From todays RNS "net coverage of the FY 2025 dividend may be tight". thats choice language for an official company statement

Bit of an update here:

https://www.monitor.co.ug/uganda/news/national/government-sets-july-2026-as-firm-date-for-first-commercial-oil-production-5252120

Worth noting that Zeus are the house broker so they are going to say positive things... that being said I'm in here for the growth story so will keep following!

RBC's price cut to 145p from 150p, i'd take 145p in a heartbeat....

I bought in as I have been a user for many years, now that I am based outside of UK I use it almost weekly, it works well for my purposes and is better than the banks. I have compared many services and WISE has the best rates. I like their almost Vanguard like pursuit of bringing the rates down unlike rivals such as worldremit who are trying to make the biggest spread possible. From what I see this is an example of a company building a great product and the customers following rather than just trying to make the most amount of money from the get go. I haven't used their banking like products such as travel cards and I do think they face competition from Revolut and others here. Also I'm not sure a $1trn target is realistic but it can certainly grow from here