Cmc Markets Share Discussion Threads

[covid 19 deal] 03/3/2024 08:30

CMC Market simply Fraud ..they play with individual spread and trade against your position..they loan out your share holdings with them...very dishonest company..this company is full of lies..stay away.
CMC market has got no positive equity ..PE ratio of 47...NEGATIVE Equity...it will die off to other brokerage firms and market makers

[covid 19 deal] 03/3/2024 08:25

CMC Market will die off soon...there are much better honest brokers ...CMC is a dishonest broker..hence it will die off...Never use CMC market for trading...they are fraud

[hamhamham1] 14/2/2024 07:58

Nearly doubled me money here, hopefully 3-4 quid in a year or 2 after interest rates drop and I'm out.

[wynmck] 07/2/2024 09:10

RBC raise tgt to 190 (150)

[hamhamham1] 05/2/2024 19:34

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.

[hamhamham1] 05/2/2024 19:32

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

[hamhamham1] 05/2/2024 19:30

Ahhh, gotta love the bitter and twisted who missed out on today's rise ;)

[jubberjim] 05/2/2024 19:20

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

[aishah] 05/2/2024 14:42

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.

[thebears1] 05/2/2024 13:10

Because if you don't need the extra staff to drive the sales, then you don't need the extra expense Quite simple no?

[jubberjim] 05/2/2024 11:28

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(?)

[ddubzy] 05/2/2024 10:11

Funny how Shore Cap have gone from SELL to HOLD today. Mmmmm, you dont say, bit late dont you think!

[hamhamham1] 05/2/2024 08:59

Lovely jubbly

[essential] 05/2/2024 08:41

Topped up this am on the update

[aishah] 05/2/2024 08:36

"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

[brucie5] 05/2/2024 08:29

Indeed. Now looks to be be breaking upwards.

[longwell] 05/2/2024 08:22

Going in the right direction finally. Good hold going forward with good dividend.

[brucie5] 22/1/2024 10:15

It seems so far to have held the level. So, hopefully, now preparing for next leg up?

[bookbroker] 16/1/2024 14:26

And nice to see them start a new round of buybacks at next set of results with share price where it currently sits.

[bookbroker] 16/1/2024 14:25

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.

[brucie5] 16/1/2024 13:18

This is where we see whether it holds.
;)

[hamhamham1] 15/1/2024 13:58

Lovely day today.

[tole] 13/1/2024 20:44

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'.

[peddlers] 12/1/2024 16:53

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

[brucie5] 12/1/2024 16:32

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!