Hopefully the statement will arrest the recent fall but I wouldn’t bank on it. Not much in the way of detail but then there never is. |
So given now Revolut has over 40 million! customers this is quite some partnership
"Headquartered in London, Revolut has over 40 million customers globally, a third of which are from the UK. Its competitors, Monzo and Starling, only operate in the UK and have less than 10 million customers each."
Phrases like " an encouraging pipeline of potential opportunities."....."as the partnership picks up momentum and develops over the coming months.".... "particularly in the institutional and B2B space, where we see growing profit margins" fill me with confidence, especially when we are "trading in line with management's expectation" compared to PLUS 's last update who saw a drop off due to the euros and a 2% decline in operating margin (8/7/24)
I believe the market and brokers really need to catch up on this one |
I hope the market isn't expecting more.Reconfirming recent updates doesn't seem to go down well.Market expectations maybe unrealistic Hopefully not |
TU reads fine, still firing on all cylinders |
Hoping for very strong update though the fall from highs in the last couple of weeks is stopping me buying today. |
Trading update tomorrow |
It's a global IT issue, not CMC specific. Same reason as RNS not working. |
This is carrying scheduled maintenance on their platform right now, so no one can log in, poor time to do it during trading hours. |
Yeh Dave, surely most people don't have CMCX as their top holding, surely... although I agree this is a rocket ship |
Ticking up nicely today |
What are the key components of the other 77% (?) |
All aboard this rocket ship |
This going all the way lad |
Article was OK, but if he'd just done some basic maths he'd realise the PE multiple is now a lot lower than 19. |
FT / Investors Chronicle good article moves to BUY |
>Top sliced a few
Was tempted but with the results, Divi + 187%, the Revolut deal, blockchain in the pipeline etc and momentum we now have, Im guessing this will push up significantly from here |
Top sliced a few |
Good opening, keep it coming |
Fabulous results :o)
RBC RAISES CMC MARKETS PRICE TARGET TO 330 (240) PENCE - 'OUTPERFORM' |
So that's why it was going up yesterday :o) |
From The Times , Shareholders have rewarded CMC Markets as it continues its expansion away from its traditional business of spread-betting and contracts-for-difference trading.
The FTSE 250 trading platform business founded by Lord Cruddas, the Conservative peer, which has diversified into areas such as traditional stockbroking in recent years, on Tuesday announced a deal with the challenger bank Revolut.
As part of the deal, Revolut will offer some of CMC’s trading services through its app, with the under-the-bonnet infrastructure supplied by Cruddas’s company.
CMC’s share price rose by 15p, or 5.9 per cent, to 269p, with Cruddas saying that he expected Revolut would launch the new products “imminently221;. CMC’s full-year results are due on Thursday |
Results this coming Thursday 20 June |
It's been deleted from MSCI UK MICROCAP index. Could explain some of the recent price movement |
Paul Hill and Richard Crow discussion, CMCX mentioned at 13.50 |
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