Cmc Markets Share Discussion Threads

[hopeful holder] 03/12/2024 18:31

The whole year says in.line..Come on...what have I missed..CMC MARKETS PLC("CMC" the "Group" or the "Company") Q1 2025 Trading Update Q1 performance in line with expectations.On track to achieve net operating income of between £320-360 million. 

[hopeful holder] 03/12/2024 18:29

The whole year report was quite striking.. before tax margin % is calculated as profit before tax as a percentage of net operating income. Financial Highlights·    Net operating income of £177.4 million, up 45% year-on-year (H1 2024: £122.6 million), reflecting continued growth across the institutional segment and an increase in client trading activity.·    H1 2025 trading net revenue was £131.3 million, up 50% year-on-year (H1 2024: £87.4 million) with strong performance across both our institutional and retail segments.·    Investing net revenue was £19.9 million, up 19% year-on-year (H1 2024: £16.8 million), driven by a strong 

[riverman77] 02/12/2024 14:13

I don't think the sell off was entirely due to the write down - in my view more to do with what looks like a loss of momentum (trading revenue in H1 was well below H2 last year).

[hopeful holder] 02/12/2024 13:56

I bought some of these as the drop didn't make sense at all. Write downs is normal in a business. Once we get through the 3 pounds mark then 320 or so has to be within very east reach and quite quickly.For those buying the dip, a great opportunity.

[aishah] 26/11/2024 08:43

Shore: CMC needs to communicate its strategy

CMC Markets (CMCX) has established impressive business relationships, but Shore Capital says the market won’t get behind the share-dealing and spread-betting company until it communicates a monetisation strategy.

Analyst Vivek Raja retained his ‘hold’ recommendation but cut his ‘fair value’ target price to 280p after half-year figures on Friday. The shares rose 3.4% to 273p, recovering some of their decline on results today. This year the shares have soared 158%.

‘CMC has proved its technological competence amply, having secured impressive business-to-business relationships over the years with the likes of ANZ Bank, and more recently Revolut and ASB Bank,’ he said.

However, he said the issue has been about how the company ‘communicates monetising these relationships in a way public markets can sustainably get behind’.

This has created significant share price volatility and ‘sharp earnings upgrade and downgrade cycles in the past two years’.

‘Furthermore, in our view, limited disclosure pertaining to the core trading division reduces forecast confidence. Until these situations improve, we are unlikely to be able to recommend CMC’s shares,’ said Raja.

[rizler] 25/11/2024 11:56

Added too. Crazy not to at these levels.

[its the oxman] 25/11/2024 08:36

Added this morn

[grahamytrain] 24/11/2024 00:00

Think this drop in share price will be reversed very quickly.

[growthpotential] 22/11/2024 20:26

Yeh, they've written off 2.5 million investment, not significant at all

[rjmahan] 22/11/2024 19:12

This article - I dont see why this matters.

hxxps://www.financemagnates.com/forex/brokers/cmc-markets-wrote-off-28m-investment-in-blockchain-firm-strike-x/

[growthpotential] 22/11/2024 17:21

Any thoughts on this(?)

[bigbigdave] 22/11/2024 15:44

Reason for weakness?
At CMC Markets, we are proud to partner with StrikeX, a dynamic and innovative leader in blockchain technology. We believe strongly in their vision and the transformative potential of their solutions, including advancements in self-custody, tokenisation, and blockchain infrastructure through StrikeX Labs.



We would like to address a recent news article which misrepresents our commitment to StrikeX and its strategic objectives. The write-off of our initial investment is purely an accounting decision and does not reflect our belief in StrikeX's technology or potential, nor does it indicate any change in our partnership.



On the contrary, we continue to integrate StrikeX's services into our offerings and see our relationship deepening further as we collaborate on Web 3.0 developments. The team at StrikeX has made tremendous strides in this fast-paced industry, and we remain excited to grow alongside them, supporting their mission to reshape the future of finance.



CMC Markets is committed to fostering innovation and partnerships that deliver long-term value, and StrikeX remains a key part of that vision.

[growthpotential] 22/11/2024 13:00

Crazy, this will get moved to US listing as UK is not rewarding its success and prospects

[saj3] 22/11/2024 11:39

Market makers playing games shaking people out

[tempted] 22/11/2024 11:37

‘Bonkers reactions’ lead to brilliant opportunities , same with PAY yesterday, watching carefully.

[monet] 22/11/2024 10:02

Looking at the chart, 254 could be the next support

[undervaluedassets] 22/11/2024 09:41

lots of stale bulls who have been stuck in this range-bound trade for the last six months crawling out.

I think that they are making a mistake as the results were good.

However, the market expected slightly more from CMC given the previous update.

Very technical fall that could yet fall further

[fozzie] 22/11/2024 08:47

Totally bonkers reaction to an in line interim result. It’s starting to become almost impossible to hold shares medium to long term in any company on UK exchanges. 20% profit gone in the blink of an eye from what I thought a very good H1.

[johndoe23] 22/11/2024 08:34

Market no likey

[ayl30] 21/11/2024 13:45

Seems to have stabilised at around 295p

[ayl30] 21/11/2024 09:05

Expectation o ver hyped perhaps

[foetus in your brain] 21/11/2024 09:04

Bought a few, agree this looks overdone

[undervaluedassets] 21/11/2024 09:00

looks overdone

[miss womble] 21/11/2024 08:27

With good results and a huge increase in the dividend, why has the share price dropped so much

[bjfanc] 21/11/2024 08:26

Looks like the difference is the write down of Strike X. So not main business.