Merlin0 MCAP is still a £4.5M, CSFS is a fast growing FINTECH and now is the perfect time to invest. Nearest peer is valued at £34M, CSFS is so cheap, so i am expecting a major recovery this week, with great results last week and the technicals all now towards a recovery bounce and breakout upwards
Rally on here and CSFS In the last 30 minutes to close .......SYME now back in the top 10 risers..... come on .....lets get past 0.14 and close to 0.15 ......this would be awesome week
12p coming for CSFS written by technical analyst...19 May 2023 15:44
Cornerstone FS (CSFS), a foreign exchange and payments company, provided the following unaudited update on trading for the first quarter to 31 March 2023. The Group said it had experienced strong trading momentum through FY 2022 and expects to report total revenue for the year ended 31 December 2022 of approximately £4.8m. This momentum increased in Q1 2023 beating management’s expectations with unaudited revenue expected to be approximately £1.95m versus £0.95m for the same period last year. The Board remains cautiously optimistic for rest of the financial year.
Comment: One would expect that today’s update will be taken well enough for shares of CSFS to rally back to the top of their one year range towards 12p in coming weeks.
Mms are going to have to let go soon ....past 1.20...... Expect we will surpass this once we cross 2.5 million in volume......good buying pressure building up today....so expect we may cross this later today