Cmc Markets Share Discussion Threads

[doobz] 26/8/2022 23:19

DP - what's your main reason for thinking these are "poop"? I'm not saying they don't dissapoint or are flawless but they aren't really doing badly at all still. Making healthy profits, paying excellent divi, think the market just over reacts for this lot. As someone pointed out a 5% increase in overheads is still below what you'd expect in this environment

[dancing piranha] 26/8/2022 21:55

It's a pile of poop... never fails to disappoint!

[doobz] 26/8/2022 18:34

Should be supporting at these levels, sad that we're back down here to the initial fall levels. Past this likely 200 yes, hopefully not.

[lennonsalive] 26/8/2022 11:56

What's the support for this next? 200p?

[markbelluk] 26/8/2022 11:10

Patience

Im topping up heavy at these levels

Think year+ not day/s week/s

[bookbroker] 26/8/2022 10:48

Mismanagement on a heroic scale!

[bookbroker] 26/8/2022 10:46

Buying back shares when the price falling seems crackers, but all companies do it, so maybe they increase the buyback.

[bookbroker] 26/8/2022 09:44

Time this company really attracted some attention from outside, appalling performance. Cruddas needs to think about realising value, all that hot air last year about improving the valuation just part of his ego trip to sustain his position. The only thing he delivers is to his own wallet through dividends. The company should be thriving, but it is his control here that is preventing that.

[bookbroker] 22/8/2022 08:33

Cruddas should be thinking about his position here, he may have a substantial holding, the only saving grace. However he needs to address the shareholder value part, as mentioned last year. No good jaw-boning, let’s see some corporate action. Plus and IG doing good, so maybe they should look at this.

[bookbroker] 29/7/2022 17:50

We do not know that, apart from the fact the numbers were compatible to the Q1 Yr. Ending 2022. At that moment the business was still doing good. Half year will explain more, but comparisons with prior year unrealistic. At least the costs are related to building the fund management side of things, that will be the growth driver down the line.

[grahamg8] 29/7/2022 17:34

Seriously accident prone. Sure we can all understand that salaries and other costs are rising, but they were 7 weeks ago. Something the Board doesn't seem to have noticed at the time. The RNS was a profits warning in all but name. Sales are flat and expenses are now expected to rise by £10m above previous guidance. That will go straight to the bottom line.

[weemonkey] 29/7/2022 15:48

have a feeling that no-one on this board understands an ironic tone.

[aby1972] 29/7/2022 09:53

I was trying to be funny

[bookbroker] 29/7/2022 09:45

Doubt it!!

[aby1972] 29/7/2022 09:42

That's so helpful Thanks for wonderful advice

[bookbroker] 29/7/2022 09:30

I think that the 5% applies to the year ending 03/23, guess that there are higher costs involved in all the legal, software outsourcing, etc relating to the fund management business in Oz. They flagged 2% rise at last results, costs are clearly ongoing and some of those cannot be mitigated. I hope that the term robust regarding Q1 is exactly that, so increased costs are all pro rata.

[brucie5] 29/7/2022 09:29

Well the chart hasn't created a lower low, but a higher low, so the bottoming formation might seem intact for those with patience.

[weemonkey] 29/7/2022 09:11

What their expenses went up by 5 % in a business environment where inflation is running at 9% + ? Really?! How shocking. I am very shocked and I am going to sell all my shares on this 22% decline yesterday. It is clearly the right thing to do.

[growthpotential] 28/7/2022 17:51

Couldn't resist topping up on these

[bookbroker] 28/7/2022 16:22

Should be taken private by Cruddas if he has such confidence in the business!

[bookbroker] 28/7/2022 16:19

They need to keep personnel costs in check mind you, but then I guess they are still investing in the platform in Oz.

[davetedjack] 28/7/2022 16:06

I was kicking myself on Friday when this sold on a limit sell I had set but didn't get chance to increase. Looking at todays share price I can say Lady Luck was on my side for once