Member Info for Newuncle

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Cornerstone is committed to delivering value to shareholders by meeting the needs of SMEs for simple and efficient access to foreign currency and capitalising on the opportunity for consolidation in the foreign exchange industry.

A powerful and proven platform
Cloud based and with scalable modular microservices architecture, our proprietary SaaS trading platform services over 740 customers, meeting their foreign exchange, currency risk management and international payment needs.

An exceptional management team
With its combination of deep expertise in technology, the foreign exchange sector and corporate acquisitions, the Cornerstone management team represents a strong track record in the key disciplines required for strategic success.

Continuous platform enhancement
Ongoing development of our technology will enable further integration with accounting systems and the Open Banking network to enhance the user experience and increase efficiency.

Structural market drivers aligned with strategy
Increasingly stringent regulatory requirements, alongside a market-wide move to technology, create strong drivers for independent brokers to explore sale opportunities.

Solid financial foundations
Delivering 28% year on year organic growth in H1 2020, despite the impact of Covid-19, demonstrates platform preparedness and market readiness for growth.

Consolidation strategy
Using our highly scalable platform to access economies of scale through revenue growth, by driving consolidation in this highly fragmented industry sector.

Should be worth the wait IMO, I am sure Julian wants to deliver some great news here.

and now you can buy shares for just over 1p in old SKIN money, can't really believe I am saying that after all has happened since the last time SKIN was trading at 1p when it was just little old Labskin all by itself. All that added value from MWG and STC currently counting for not alot share price wise. Of course wiser sages than me will point to the large increase in the number of shares out there under DVRG and associated MCAP to explain the 10p (aka 1p) share price + events in 2022 completely outside the company's control. A perfect storm of lots of cheap paper, more loans/debts/overheads, lack of orders, change of business model from sales to rentals and totally bearish markets in the end I guess. Here's to better times in 2023 then.

First time I can recall when a company's share price fell ahead of results day but then these are unusual times.

I was enjoying the silence here.....

And here they are....nice big sells just to keep us in our place.

No doubt MMs will put in a call to their friendly broker to release some more shares

Make that 3 buys now

MMs don't care about the mcap they are focused only on sell trades and yes it is wrong but they are doing just that. Markets are irrational and asset values are being dramatically reduced everywhere.

In a normal market yes 100% but this is a market based trades and prices alone. Ignore fundamentals.

Think of it like when Man Utd and Sir Alec parted company and pundits at the time said it wouldn't be next manager or even the one after who would get Man Utd back on track. Hopefully CSFS recovery will be also quicker and more reliable.

Yup probably rise 20% on news and then drop back on any sells. Not a strong buying market these days so although a re-rating is well overdue here may need to wait until the update after results or even the one after that.

Alot of (and I mean alot) 500k buys popping up....

Biker,

The bigger market especially US stocks got over blown on cheap printed money and low interest rates. Now those valuations are going through some major corrections and everyone else gets dragged down with them.

£5000 sells mcap reduced by £500,000 mad markets.

Msys needs to show it has plenty of non dvrg orders imo

Biker,
As Joe say everything is f**ed at the moment. Anything I bought more than a week ago is down. And some older buys down 50%. This market is about wealth destruction whether we like it or not. Quite who gains from it I really don't know but the Govt and BoE are determined to control inflation so I guess raising interest rates and destroying PI wealth will get them there. Crude but effective in the short term but longer term damage could be even more serious as everyone just gets poorer anyway, guess that's what they mean when they talk the squeezed middle who get no pay rises, no benefits or govt assistance whilst their wealth disappears and bills just pile up. This is going to hurt, alot.

18.85 to buy now

Or just recover back to where it was once they finish with the drops this week. Seems like they want to destroy confidence and the wealth of Private Investors. Strange times.