Member Info for KnockinOnHeavens

I disagree. It will be up again / re-rated on any positive news. Sentiments don't last forever. It is hugely undervalued at current levels let alone anything lower. Company doesn't expect financials to be affected. Personal data hasn't been stolen. Fully functioning Travelex will change everything and it should be "soon" according to the most recent articles. They literally working on it as we speak. These thing are not irreversible. In a few months time that hacking incident will be a distant memory and business as usual for Travelex. Coronavirus uncertainty is temporary too. FIN situation is a good example of a "perfect storm" and and generally these are very rare. Huge opportunity and upside potential from these levels. Hold or buy and hold. Anything below 100p is a steal. IMO.

KOH

hugeLY* undervalued

Hi Chriabirdies,

Correct, still waiting for Travelex to be 100%. Coronavirus adds uncertainty (cancelled flights, less people travelling). But company's financials expected to be "on target" according to recent RNS. So once all temp issues are resolved we should see a nice upside from here. Seem to be huge undervalued atm. But DYOR as usual.

KOH

Back to reality...

KOH

Finally a blue finish,. Come on Travelex, sort that IT nonsense and let's get back to business!

KOH

In terms of FIN share price however, I'd rather see it moving towards 120s... ;)

KOH

Add personal computers, Windows, space shuttle, cellular phones, compact discs, camcorders.... - 80s were huge it terms of shaping the modern world. There wouldn't be any Iphones, the whole Internet and online trading without the 80s....

KOH

Solid start!

KOH

https://www.bbc.co.uk/news/business-51364102

"It is understood the currency firm aims to start restoring services this week" and
"A spokeswoman for Sainsbury's Bank said: "We're continuing to work closely with Travelex in order to resume our online money ordering service soon."

Hopefully the full service will be restored soon and we can see some upside from these ridiculous levels.

KOH

And the "Brexit Countdown Clock" in the top left corner showing 24 days and 5 hours....

KOH

Yup, old news. Soleimani funeral was on 7th Jan, almost a month ago.

KOH

Overall still look like cr^p....Finished -7.69%, not impressed.

KOH

If it's just a sentiment then it's a deal of the century - these shares are worth much more than 100p per share....

KOH

Does anybody know when is the next update?

KOH

Yeah, but that's just crazy....Valuation doesn't make any sense atm. No need for panic of that magnitude.
Or....there is something we don't know. Leaks happen all the time.

KOH

WTF is going on.....

KOH

Think the share price fall is getting beyond ridiculous..
___

I agree, ridiculous valuation....Wonder if it's just a sentiment or some negative leak?

KOH

What a disaster so far...They really need to bring fully operational service back asap, it's getting ridiculous now and sends really bad signal to the markets. There should be a reassuring RNS too....

KOH

Up and down, profit taking continues. Needs a proper RNS or news to reverse.

KOH

True Pokerchips

KOH