Member Info for MarkBellUK

Paypoint : Jefferies raises target price to 722p from 680p

Not a clue but looks like the first of many. They have a proprietary back end API; if this proves to integrate seamlessly, there will be many signing up to use it

Dont forget on the conference call they said they are in the later stages of negotiations with a large far eastern organisation (HSBC Singapore???) to also use this technology

Also after buying blockchain company- you would imagine they have the technology to integrate this into the back end as well (Crypto , secure business info sharing etc)

Buy on rumor sell on news scenerio

Still gives me an opportunity to buy more for less moneyl..fyi

Broker ratings :-

Strong buy

3

Buy

4

Hold

4

Sell

2

Strong sell

0

Brokers

13

Average rating

Buy

Revolut (estimated market cap: $33 billion)

Revolut, the app-based bank headquartered in the UK with more than 15 million registered users, was founded in 2015 and has been a regulated electronic money institution since 2016.

Rumours of a Revolut IPO have been circulating since 2022 when the company first expressed interest in a public listing. Difficult market conditions caused by many factors including the Russo-Ukrainian War, high inflation, and high interest rates have forced to company to delay any plans of an IPO.

Given that its primary market is the UK, until recently a listing on the LSE seemed the most likely. Earlier this year, however, co-founders Nikolay Storonsky and Vlad Yatsenko announced that they’d now look to launch in New York because of their inability to attain a UK banking licence.

There’s currently no set date for an IPO but it’s likely to occur in the next year or so, when market conditions improve.

Simply due to the back end API CMC now have linking into Revolut and in advance talks with others makes this a game changer for me (I watched PLUS go from under £2 to over £20)

Revolut is seeking an IPO valued at $33Bn and counting

https://www.proactiveinvestors.co.uk/PRIVATE-UK:REVLT/Revolut

https://****neyrebel.substack.com/p/june-stock-market-not-all-midsummer?r=29huk7&utm_campaign=post&utm_medium=web&triedredirect=true

they have just signed a deal with revolut and in the presentation on thursday they said they were close to a deal with a large far eastern financial institution.

CMC Markets Plc : Peel Hunt raises target price to 330p from 220p

I have it at 317 will resistance then about 377

From HOLD to BUY :-

CMC's growth prospects supported by Revolut deal

Progress was recorded in both the retail and institutional segments

"The forward consensus rating of 19 times isn’t prohibitive by comparison with peers, while a price/earnings growth (PEG) ratio of 0.9 suggests that growth prospects may not be fully reflected in the share price. Buy."

Just issued a very positive broker note on Paypoint "Six building blocks for Growth"

Available on Research Tree

RBC RAISES CMC MARKETS PRICE TARGET TO 330 (240) PENCE - 'OUTPERFORM'

Missed this in yesterday's Times:

Shareholders have rewarded CMC Markets as it continues its expansion away from its traditional business of spread-betting and contracts-for-difference trading.

The FTSE 250 trading platform business founded by Lord Cruddas, the Conservative peer, which has diversified into areas such as traditional stockbroking in recent years, on Tuesday announced a deal with the challenger bank Revolut.

As part of the deal, Revolut will offer some of CMC’s trading services through its app, with the under-the-bonnet infrastructure supplied by Cruddas’s company.

CMC’s share price rose by 15p, or 5.9 per cent, to 269p, with Cruddas saying that he expected Revolut would launch the new products “imminently”. CMC’s full-year results are due on Thursday.

I think the market likes the Revolut deal, could pan out to be very significant....

Why would you do that when these are going back to the £8+ range and you get to enjoy 7%+ Divis on the way (im 8.35% @ 459..@400 = 9.6%!)

Clearly not a longtimeinvestor

I think your right to buy

fyi From a chartist perspective we are very close to a BUY zone @ 13.36

Good news thanks Cris

PS Updates the 20/6

Treven the UT @ 1635 is the market close price. Everyday between 1630-1635 you get the post market auction. The result of this is the UT (uncrossing Trade) which forms the close price. Also pre market 0750-800 UT forms the daily open price.

To try and put it simply any BUY & SELL orders left on the order book , or added in during the auction period are matched and the average price, based on volume is calculated = closing price. The UT volume is all the orders combined from both the BUY and SELL side so although it appears as one transaction; it will be many orders rolled into on transaction

Clued it touched 552.1

The main point of note is they have changed from SELL to BUY

Clued Deutsche banks rating clearly got leaked, "to their associates" a couple of days in advance, hence the pullback

It annoys me the only reason they have said to sell it that we are currently at 25% above the median broker target price.

No concept of expansion , business model or increased operating margin etc etc - lazy gits