Member Info for Laura2022

Dartron

You're such a bore !!

You're "glad" to sell this morning, which admit you were in at 40p++ !!

Yikes

And like with TIG you miss the rises with endless pontificating

Thanks rivaldo

Lumon (I believe ) is connected to former /ousted Ceo

About Lumon

 

Lumon is a private limited company registered in Jersey and was incorporated on 7 January 2020. Lumon is the indirect parent of Lumon Pay Ltd, Lumon Risk Management Ltd and Lumon FX Europe Limited ("Lumon Opco Group"). Lumon Opco Group is an international payments and foreign exchange provider, offering services to both private individuals and businesses, facilitating cross-border transactions (including property purchases, living expenses, and corporate payments). With a presence in the UK, Ireland, Spain, and Portugal, the Lumon Opco Group has served over 70,000 customers since 2000 and processed £8.8 billion in transactions in 2023.

 

This was from last month

23/4/2025 07:35

Interesting twist of events as ousted founder and former CEO bids to get his old company back. What’s the potential impact on clients? How could this happen with the strict regulations? Liquidity worsened in 24 hours. Harwood increased position on Thursday!

What will he do now, he was tipping this just 6 weeks ago

it's crucial to have a disciplined & structured approach when stock picking. Which for me, involves assessing four key factors, namely: Company, Industry, Price vs Value and Management.

Here, B2B international payments and forex services firm Argentex Group PLC ticks all the boxes, especially the 4th where I have always rated CEO Jim Ormonde as top notch.

In fact today after posting better than anticipated FY'24 results, the Board has upgraded guidance, with house broker Singer Capital Markets hiking their adjusted FY25 EBITDA forecast from £1.7m to £4.5m on sales up 5% to £52.8m vs £50.3m LY. In terms of the balance sheet too, there was net cash of £18.4m as at Dec'24 - equivalent to a 'ball-park' headroom of £5m (my guess) that is freely available to Argentex Group PLC after deducting regulatory requirements.

Sure going forward, there'll still be a temporary drag on performance due to ongoing investments in overseas expansion, new products and the forex IT platform (AGP) which is slated to go live in the Summer.

Yet equally if you are a risk tolerant investor like myself with long-term time horizons, then I can see hashtag#AGFX more than doubling over the next 12-24 months.

My target price is 88p/share vs Singer Capital Markets at 70p.

Https://www.argentex.com/investors/governance/aim-rule-26/

Anyone know who it is ?

Makes no difference to RRR as we've said for 6mths

More tomorrow please

Another disclosure from 2nd May

11%

Bet the person last week is gutted selling at 68p

44/45

Harry Adams

Taken 3% stake

RNS TR1

Wey Education could be a good proxy for the future valuation here - they were bought out in April 2023 for £70m after reporting £8.4m revenue in the prior financial year. Northcoders reported £8mln in their recent interims and broker forecasting 2025 revenues of £10.5m... if they achieve such growth then then the current share price will look like a bargain!

Offering well above 48p

Https://investors.northcodersgroup.com/investors/shareholder-information

Moving quickly on each buy

Only 8mln shares and of that only about 2mln not in BOD/II hands

12:33

24th April

See word "other "

The Board of Argentex has carefully evaluated the Possible Offer with its financial adviser, alongside OTHER expressions of interest received

Bengot/IR

At 47/48p the cap is only £3.9mln with profit after tax of £0.4mln and net assets of over £5mln

>Group revenue increased by 24% to a record £8.8 million, (FY23: £7.1 million)

>EBITDA increased significantly to £1.0 million (FY23: £0.1 million), in line with market expectations, and returned a positive profit after tax of £0.4 million

>At March 2025 it has £2.5mln of cash /banking facility

>Record new partners now at 510

>Directors and founder own 41% between them