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chrishutch
I'm just ****ed off with my purchase, I could have waited a couple of days....Anyway I think any purchase below 100p will be ok in a few months....All we need is fully functioning Travelex service and maybe some results re 2019. The rest is just panic / sentiment and those can quickly change.
KOH
Filtertips
I agree, the perfect storm. It won't last forever though IMO
KOH
It's already hugely down, it will not go down forever - it doesn't work like that.
Market is just panicking, they just announced first confirmed cases of coronavirus in UK maybe that's why....It's not a big deal in the grand scheme of things but CONSTANT media coverage makes it huge....150 people died so far which is nothing really. Over 2 million people died of diabetes all over the world and over 2000 people died on roads in UK alone last year with over 130k injured but nobody panics about the sugar intake or road usage....There are 1.4 billion people leaving in China, as a percentage of the population it's like nothing....
Panic for no reason.
KOH
UK Travelex website is back!
https://www.travelex.co.uk/
Travelex.com is still offline but not long now I guess. Good sign overall, hopefully confidence will be back soon.
KOH
Pokerchips
Yes, let's see - the best thing to do now is to sit it out I guess
KOH
I wish I had some spare money - I'd definitely be averaging down now...
KOH
Yup, hopefully
I just bought in and I'm 17% down already - the current SP defies logic...
KOH
I don't think Chinese Virus would cause that, in reality the number of cancelled flights is drop in the ocean....It will be over before you know it.
Looks like market is worried about the full and timely recovery of the system and the potential impact on the revenues despite the company's recent statement ("they don't expect")...Pledging half of the company as collateral didn't help either...
KOH
What's going on? It doesn't look good....Bad sentiment or something worse?
KOH
Ridiculous
KOH
"We're sorry but our online travel money service isn't available right now."
Loc123
Main Travelex UK website is still down
https://www.travelex.co.uk/
but it does mention Travelex Wire. Check the above it should have been .co.uk instead of .com
KOH
https://www.travelex.com/
Main website is still down, they are restoring it gradually bit by bit.
KOH
Hey Chrisatbirdies,
Yup, fingers crossed. No point on wasting energy there. I learned a few lessons, time to move on. Time to recover.
FIN seem to be seriously undervalued atm. Once Travelex service is back and running, the confidence should return.
KOH
I know Chris..
I can see two possible reasons,more general where the timing, bad news, final Brexit tension combined with Travelex that didn't fully recover yet etc. created some uncertainty and the current negative sentiment, or there is something that market is anxious about or knows that we don't...
We will see I guess, I'm looking forward to Travelex's full recovery which will be soon, confidence and sentiment is everything.
KOH
We will find out soon,
I bought at 99p a couple of days ago just before it dropped....not happy with current performance atm.
I just hope it will recover to above 100p with time....Hope no more shi££y news from the company and full recovery of Travelex platform, confidence should be back when people see everything up and running....
KOH
All yesterday's gain is being wasted so far, let's hope it will hold. It may take a while to recover and gain the confidence back.
Looking forward to Travelex being fully operational again.
KOH
Good indicator!
Hopefully brexit nonsense will be soon over, Travelex up and running, confidence back and we will see some gradual rise.
Definitely undervalued atm IMO
KOH
:)
Yup, I think non exec purchase - good sign!
KOH