A tad churlish to badmouth a share you were willing to hold recently, but coz you sold, and missed today rise, suddenly there's a problem with the business. |
And there is the reason Jim for your snipey remarks today, you sold out before todays rise....
jubberjim8 Jan '24 - 09:21 - 1966 of 1988
0 0 0
enough for me
good luck those who stay onboard |
Ahhh, gotta love the bitter and twisted who missed out on today's rise ;) |
I would theorise that sales are drying up hence the letting go off staff?
Very little interest to buy or sell from investors
But I wish you all good luck
All will be revealed anon |
The one-off cost is quite small at £2.5m, so only £12,500 each which suggests these were mainly on short term contracts. These presumably have ended now as new products and projects have been delivered.
£21m saving should be a real kicker in due course imo. |
Because if you don't need the extra staff to drive the sales, then you don't need the extra expense Quite simple no? |
Good to see statement stating group is on track to deliver net operating income .
But if that is the case why the necessity to cut the workforce.
I don t think business is that good in line with other face to face deal broking companies.
Am not convinced so will stay out until results are forthcoming.
Good luck those that remain(?) |
Funny how Shore Cap have gone from SELL to HOLD today. Mmmmm, you dont say, bit late dont you think! |
Lovely jubbly |
Topped up this am on the update |
"Trading remains in line with expectations and the Group is on track to deliver net operating income of between £290-£310 million for FY24."
£21m annualised savings in FY25.
Above 200d SMA now with a peg of 0.4 |
Indeed. Now looks to be be breaking upwards. |
Going in the right direction finally. Good hold going forward with good dividend. |
It seems so far to have held the level. So, hopefully, now preparing for next leg up? |
And nice to see them start a new round of buybacks at next set of results with share price where it currently sits. |
If they can control costs then this can easily get back to £2+, staff costs the biggest drag, seems that much of the expenditure on new products already capitalized. |
This is where we see whether it holds.
;) |
Lovely day today. |
Peel Hunt upgrades CMC after revenue hikePeel Hunt has upgraded the share-trading and spread-betting platform CMC Markets (CMC) after a revenue upgrade.Analyst Stuart Duncan upgraded his recommendation from 'add' to 'buy' with a target price of 140p on the stock, which was trading at 132p on Monday.The group upgraded its revenues for the year to £290m-£310m from £250m-£280m after a positive third quarter.'The increased revenues are a result of a greater contribution from the business-to-business and institutional business,' said Duncan. 'A large chunk of the incremental revenues will drop through, therefore earnings increase significantly.'He said the quarterly update illustrated the 'strong operational gearing in the model, and encouragingly the benefits starting to be realised of the investment made'. |
I'm waiting to add to my position as well.
I've been building it since 95p.
I was thinking I might be able to get some more at £1.20 but now I'm not so sure that it will pan out.
I need more of these.
P |
Just bought back in after selling into recent spike. Risk of course is that resistance at 200sma sticks, but I think it will push through shortly? Was hoping for a larger retrace, but never mind. The 2023 bowl goes up to 2.50 and that will do me! |
I will sell rhe 9the4 side of 400p. Once market action really ramp up again, could be as soon as 12 months.
Who knows. Or it may do nada? |
Good prospects and good yield.Definitely a hold in any balanced portfolio. |
I'm staying on board.
Will add if the opportunity presents
P. |
enough for me
good luck those who stay onboard |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
