280/290 possible |
.
198.4p, Mcap 549.6m, Nos 277m, EV 331.6m(120pps)
1 year
All |
Yes ignore me. Meant in next few weeks, not necessarily today |
That'll be the shoulder going then - from what I can see, down to 1.70, with support line at 1.50. |
165-170 possible |
Never looks good when a CFO steps down "with immediate effect". Needs some explanation I think. I was considering buying these as they look very much oversold. Perhaps I will wait. My record of late is somewhat awful to say the least. |
Stepping down with immediate effect - smells a bit? But then they say he is staying at the co to help with transition? Sounds like they need to clarify the situation |
*DEUTSCHE BANK RESEARCH RAISES CMC MARKETS TO 'HOLD' (SELL) - PRICE TARGET 246 PENCE |
The update couldn't have been the only reason for the drop. Igg and plus also suffered. |
The share sort of did the same thing in early 2023 I can remember the price was around 220 ish then in the next trading statement had a slow February and march and the shares just dropped.
I'd say the business model is far better now and they have loads of cash.
Hopefully the price might bounce back a bit, seems too cheap and the markets have been volatile this month so should be raking it in. |
seems a big drop on not a lot of volume |
Shore Capital analyst Vivek Raja said: "The share price has been strong over the past couple of weeks, so to the extent the market was expecting a more positive trading update today (perhaps more news on how the Revolut partnership has progressed), we could imagine weakness today." |
Wowzers...The UK really isn't a great place to list |
Well when the guy that runs it, is the majority shareholder. A brief trading statement makes no difference to there knowledge. |
Can anyone predict the bottom? What a dreadful update. Nothing bad but so little information. Their information provided for their shareholders was rather non existent. Tempted to dip a toe but I think i'll wait a few days |
Crikey some fall, remarkably one I sold near the top.
Wish they were all like that! |
Change in price, given such relatively small volume is impressive. |
Anyone brave to buy here? |
Their track record not great either - remember profits and share price pretty much collapsed a couple of years ago. Not enough visibility for my liking. |
Actually if you look at Jan2024 and Mar2024 they give some underlying performance flavour. This is a one liner and rightly or wrongly breeds uncertainty that they are trying to manage an issue or performance. Better to say nothing sometimes. One for the traders only IMO. The quality operator is PLUS, look at their TU disclosure and they are cheaper than CMCX |
Given my shares back at 242p, the price I bought them at. Went for a ride!
Hindsight...shouldda lobbed some higher....should coullda wouldda...
Didn't think it would be this basic and cloudy. This is one for the traders. Should have traded it rather than seen it as a form of protection from recent volatility.
It still looks cheap. Suspect the market has been abit blindsided by the lack of detail there and unknown cost amounts.
Let's see where it settles. It really needs to hold 240p.
The funds will be on the phone getting more.....colour....as they say. We just sit and wait. Then they'll work out whether this is overdone.
All imo
DYOR |
Uninspiring in line but expect it will recover back some ground over next few days. |
I think that confirms CMCX as the duff operator. Short and sweet - no detail. Opens at 277p and plunges to 235p and now we're sat at 239p. Make your mind up. I hung on..should have lobbed some yesterday!
Hindsight stuff.
They're in line but yeah no real detail and how big are those variable costs?
As far as in line statement goes, that is a duffer.
All imo
DYOR |
Would agree with that, very vague |
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