Member Info for Newuncle

Buyers showing ahead of Interims, real value on offer here

Makemine,

CPX....that's a real blast from the past, haven't looked at them for a very long time. What's change there as it was a strange old share run by a very old Aussie to keep his lifestyle where he wanted it? Weren't they in some never ending patent infringement court case with Elon Musk's Tesla?

Ria nice well done.

Buyers

Ria you should check out CSFS, just started moving ahead of Interims after a very quiet month, buyers appearing.

DR M, I really don't care how he works, AIM is a dog eat dog market full of garbage stocks, if Ria has found a method that makes him big returns in a very short space of time then why not learn from that and do the same? Unless you just prefer to post about him only of course which is your perogative but hardly constructive if you are on PBBs to make money?

Ria makes sense, nice work.

Thanks Ria will check it, btw how much did you make here?

Ria, please stop now, you've made your easy big profits here, no doubt you are out, so what's next for you?

Ria will you buy these back again if they drop further?

Ria20, come one tell us your next multi bagger please, looks this has done its mega rise now.

Talking about right sector, right time, you might like to take a look at CSFS (Cornerstone FS foreign exchange specialists) who will publish their Interims next week 12 September, same line of business as GST. Solid Performance for the first half of 2023, big turnaround since new CEO (James HIckman came in last year). Current MCAP just £5M v 1st half unaudited revenues of £3.6M, fast growing revenues and expanding markets in Asia and Middle East + UK etc. New Broker Shore Capital recently appointed.

GST v CSFS Value

DYOR

Good time to buy

Well worth listening to this interview

Cornerstone FS PLC (AIM:CSFS) CEO James Hickman speaks to Thomas Warner from Proactive after the foreign exchange and payments company released a trading update for the first half of this calendar year.

Hickman gives his take on the highlights from the period, noting that that the company was adjusted EBITDA positive for the first time.

He emphasises the importance of commercialising Cornerstone's tech platform and highlighted the investment in sales as a key driver of success, before going on to look at what investors can expect from the second half.

He expresses his ambition to record a first profitable year and says he's fully focused on "growing the revenue and controlling the costs."

He expects to release interim results on September 12th.

Cornerstone says on its website that "everyone in the Cornerstone team is dedicated and passionate about our shared mission of making it easier to do business across borders."

Good time to buy

FX market is booming

Great to see GST doing so well this week, CSFS will be the next one.

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

FWIW from SP Angel Note (Part 1)

Outlook: The Group’s performance in H123 is exceptional. It underscores the potential for growth under the current corporate strategy which seeks to optimise the commercial potential of CSFS’ tech platform focusing on targeting customers in high growth regions. Overall, CSFS is on track to achieve positive Adj. EBITDA for 2023E without the injection of additional capital and reduced dilution to shareholders, marking a significant achievement for the year.

Good time to buy now

FX market is booming

Look at GST (£15m MCAP) and compare that with CSFS (£5M MCAP)......

Good time to buy now

£5M market cap for a fast growing FX business that has already generated £3.6M revenues for 1st half of 2023