Member Info for Newuncle

Morning Jiffy, how's your day so far?

Enuf said

Decent buys but still low volume so far.....shame some people ignore a share like this because not enough people post about it here, silly reason not to buy really.

MMs moving with buying ahead of results

I know how you feel jiffy but look beyond that if you can.

MMs moving with buys now

And CSFS moves fast on buys, just jumped again

Csfs is in the exact same sector as gst suggest you take a look at their previous results RNs and last trading update fwiw. Might surprise you why they are only valued at £6m.

Hi Kat,

Or you could buy some Cornerstone FX plc (CSFS) shares while they are still offering great value ahead of their Interims out next Tuesday followed by a Meet The Investor meeting from 9am, don't say I didn't say.

Forex markets.

Good time to buy now

From 12 July 2023

Cornerstone FS on Tuesday said it expects to report positive adjusted earnings before interest, taxes, depreciation and amortization for the first half of 2023 given high levels of revenue growth during the period.

The cloud-based software-services provider sees revenue for the six months ended June 30 coming in at around 3.6 million pounds ($4.6 million), which represents a 89% on-year increase, it said.

"We remain on track to deliver significant growth for the full year and look to the future with confidence," Chief Executive James Hickman said.

Good time to buy

Trading momentum is tracking ahead of FY23F consensus revenue at £6.5m, against which the shares are trading on EV/sales of 0.8x dropping io 0.6x in FY24F.

Good time to buy

From SP Angel Note (Part 2)

Our forecasts include Revenue for 2023E and 2024E of £6.5m and £8.6m; EBITDA of £0.1m and £1.1m; and PBT of £(0.7)m and £0.03m. Cash is expected to grow to ~£1m by the end of 2024E, with sufficient cash generation to pay the earn-outs and loan notes through 2026E, eliminating further dilution to shareholders. These revisions support an equity value of ~£27.9m or £0.44/shr based on a DCF (12.5% WACC; 3.5% TG).

Good time to buy

Just look at todays trades that have moved the shares up 15%, the herd are not even close............yet.

No thanks I'm done here, been nice .

Stephen,

That's because it was ugly, nothing more. No need to read any more than that into it unless you only want posters that can see what the market is doing at times. I will be very happy to F off if you don't like it, no skin off my nose whether I post here or not and can certainly live without any PBB.

Stephen, I'm not worried, just looking at another buying opportunity fwiw

Wow this BB has become a bit tetchy now...suggest peeps take chill pill and stop the he said she said coulda woulda nonsense accusations and take a break...PLEASE

Must be close to completing the FINN retracement soon?

Looking ugly now....MMs dropping it too easily

0.85 v 0.86

Something or nothing?