RE: Bluebird bought for £415k, why is this so cheap?6 Jun 2026 11:08
Onlyprofit
That is a very well grounded view of this share. I have a small amount here and will hold long term, possibly add if I see upward movement. Not expecting explosive numbers near term.
As with all these fin tech stocks people get way ahead of themselves, you only need to look at GST,MBO and CHP, painfully slow communication, FCA approval being one of the biggest problems, applications face a huge backlog caused by a bottleneck of new license submissions that are on a weekly increase. There will be no fast track processing in that department and that is when investor boredom grips the majority who do not have the patience.
The nonsensical numbers banded about by the rampers won't happen over night , treating this as a long term hold won't set anyone up for huge disappointment if they can see it's potential, just my opinion as very little excites me now as it gets easier to ignore the noise.
Fundamentals look good on paper , execution is the acid test , but good luck to those who are in at this level , time will tell if this becomes a SWC or bigger.