Member Info for Newuncle

For anyone who hasn't heard this, well worth a listen.

https://audioboom.com/posts/8069746-midweek-takeaway-featuring-julian-wheatland-ceo-of-cornerstone-fs-aim-csfs

Moving nicely on just 9 trades (all buys) so far. Still very much under PIs radars and just £6m MCAP.

CSFS covered at the weekend, starts at 57 minutes. Lots of good comments and great value to be had below 40p.

https://audioboom.com/posts/8071622-the-sunday-roast-with-suresh-withana-director-of-harmony-capital-lse-ara

As I posted yesterday

THG, That's when you know MMs have a problem, they try to put off buyers. If that fails, they go to plan B and drop the SP on any sells no matter how small.

https://twitter.com/i/status/1517422430259712000

Hope we don't see any more good news RNS here. A £400k contract and the shares falls to all time lows. Thanks alot Helium.

Joe,

Today has been great, tomorrow may see some consolidation. Buy the dips if/when they happen.

THG, That's when you know MMs have a problem, they try to put off buyers. If that fails, they go to plan B and drop the SP on any sells no matter how small.

Top Riser now

CSFS Bid:24p Offer:26p Change:5

CSFS Bid:23p Offer:26p Change:7

Now Top 3 riser today

Share Price Change
Card Factory (CARD) 58.40 +29.06%
Empire Metals (EEE) 2.10 +25.75%
Cornerstone Fs (CSFS) 22.50 +18.42%

In Top 5 Risers with Some buying following today's interview with Katie.

Share Price Volume Change Low High Trades
Petropavlovsk (POG) 2.20 52,142,573 37.50% 1.70 2.298 527 -
Card Factory (CARD) 57.60 6,825,742 27.29% 50.90 61.40 1,642 1
Empire Metals (EEE) 2.10 8,444,323 25.75% 1.75 2.225 168 -
Cornerstone Fs (CSFS) 22.50 275,116 18.42% 19.00 22.50 29 -

https://www.proactiveinvestors.co.uk/companies/news/980219/cornerstone-fs-plc-discusses-its-highest-ever-unaudited-quarterly-revenue-980219.html?viewSource=TwitterUK

Joe,

IMO fwiw the "market" or as I call it (The PI Herd) is just avoiding small caps, no matter what value they offer so it's just us risk adverse types taking the shares where we can see the value to come. The PI herd have all but disappeared from the small cap market these days. MMs playing with prices as it suits them at the moment so volatility remains high.

#CSFS It was an absolute pleasure to talk to Julian after the Q1 trading update released this morning. All this for sub £5m mcap! https://t.co/00sQX03jia @cornerstonefs_ @ZaksTradersCafe @LutherPendragon

Joe,

Last two trades of the day were small volume but went through way below the bid. All rather fishy IMO and smacks of someone trying to keep the SP down, question is why would they wait the whole day to sell and then take the lowest price? Hmmmm......

Hi Gidget,

All fine, just too a break from posting on PBBs for a while.

Some large buys showing this afternoon, have our non-stop daily sellers finally exited?

Joe,

Very difficult to call the bottom on any share these days and I would say 22.25 will look cheap as chips soon enough. If they continue to achieve just what they got on Q1 that would be close to £4m revenues for 2022 and if they carry on growing at the higher % growth already seen could be alot more, Q1 has already matched revenues in 1st half of 2021.