Member Info for JMUK26

All I can think is that the market expected better overall. Generally everything seems to be in line with targets, but these targets were set before COVID, and with the huge increase in home working and the inevitable increase in home streaming during lockdown and beyond, you would have expected management to come out with revised expectations like many other tech firms have. Either they will do so at the next update, or the original projections were overly ambitious.

I think the share price will come good though, just have to be patient. The next update will need to show an increase in subscribers, and no drop in retention, given the worry from many users about PIA being acquired by Kape.

Great results, ridiculous share price movement. This has to rise over the next few weeks?!

Given that FinnCap are the brokers, I’m pretty sure they are all aware of it!

Fingers crossed the independent valuation comes back higher than 8p and MasterCard have to increase their offer or retract completely. However, I think its all probably a formality now, the independent review will be anything but independent.

The BoD have not done their job in recommending this offer. We were nearly at 8p without the acquisition, so to sell out a fast growing fin-tech company for a 60% premium is absolutely shocking. Other similar businesses with competent directors have sold for many multiplies of market cap and long term holders expected the very same here. Finncap's fair takeover value was 30-50p.

8p might seem an ok offer based on WJA share price performance, but you have to remember, this was formely Eservglobal (LSE:ESG) which was basically a shell company for this holding. Share price for ESG in the last 5 years has been between 2 and 40p. WJA itself has seen highs of 7.6p alone, so make no bones about it, this is a low ball offer and certainly does not appear to be in the interest of the shareholders. WJA would have been at 8p soon anyway, I'm sure of it.

As SCSW put it, this should have been a bumper bid from Mastercard, as WJA were effectively going to pocket 1/3rd of profit now growth has started to really snowball. Long term holders have been done over.

Disappointed in the price TBH. Was expecting north of 15p, so this seems a real low blow. All I can think is the directors want out, or the business has risks that we aren't aware of. Going on figures alone it seemed like it was starting its journey of exponential growth so it seems an odd time to settle for this low price.

SCSW with a positive write up this weekend. Looks like he is tempted to add to the portfolio for the monster gains that could be had if the current performance continues.

Very positive write up in SCSW this weekend. Hopefully see the start of an uptrend from tomorrow. This is too cheap imo.

Wow - wasn't expecting such a big drop. Just topped up. I fail to see what more the market could have wanted from yesterdays TU?

Not that I'm aware of. Personally, I think it's too early for Kape to pay a dividend. It's still early days and lots of potential growth to come, so I wouldn't want to see that slowed by lack of cash.

On a separate note, I'm surprised that even after positive TU and management expectation that forecasts will be met despite COVID-19, that the share price sits at levels seen before COVID. Other tech firms seem to have rallied much harder, so I think it will rally again shortly towards 240p. The audience for Kape's products must have increase substantially due to home working.

Good to see the numbers increasing at more significant amounts in the last 2 quarters, which will compound very quickly if they can keep it up. Surprised the share price isn't higher. Difficult to value and obviously speculative, but this is one share that I think will deliver.

Positive trading update the other day and share price moves down for 3 days running. Has to be a good buy at these levels.

Not even a slight bounce on the news that restaurants will be re-opening July 4th?

Agree - V surprised to see this down today when the rest of the market is rallying.

Brazilians now able to use Whatsapp to send money via MasterCard Send (powered by Homesend). Intention to roll out worldwide all being well. Given how easy this will be and how far spread this app already is, I can't see anything huge take-up. No real bounce for WJA on this news yet, but I suspect it could be quite big?! Looking forward to those next KPI's....

Final results have to be issued this month as far as I’m aware...

Weren’t delayed final results supposed to have been issued 21st April? Unless I’ve missed something that’s nearly 2 months overdue? Directors selling again recently as well.

The depressed share price here has to be linked to the poor share price performance of it's most comparable competitor BUR. Even though several commentators and LIT themselves have confirmed they book revenue much more conservatively than BUR they just cannot seem to shake the negative sentiment and mistrust in the sector. At the end of the day positive results will drive the share price and this lull could be used to build a stake with a good risk to reward ratio IMO. I believe this will come good in the next few years and expect to be significantly above 60p.

Agree, but once again good news does little to propel this share price. I believe its one of my most undervalued holdings and I'm unsure why it's remained at these levels post final results. A positive trading update may see a surge (I hope)..

It's certainly been a frustrating share price performance for me since purchase about a year ago and I'm down on my investment, though have averaged down in the process and turned this into one of my largest holdings. I thought the figures released a few weeks ago would be the catalyst, but it quickly ran out of steam and in my opinion is still significantly undervalued. Tempted to add again.

Providing LCM are able to operate effectively through video conferencing in the short term I'm hopeful that workload will significantly increase over the next year and beyond as the fallout from Covid-19 starts to develop. Suspect we will need to see a couple more positive trading updates to show they can operate effectively in this environment before the share price takes off. If the business delivers, it will be reflected in the share price, its poor figures last year along with the MW shorting on Burford has caused investors to be wary IMO.