Cornerstone Fs Share Discussion Threads

[nico115] 21/3/2024 12:34

I've got pip and was greedy as never sold in the 30sShame : (

[z1co] 21/3/2024 10:45

From past experience the share price usually rises strongly in advance of trading updates and results.

Q1 trading update next month followed by full year results in early May and then Q2 trading update in early July.

A lot to look forward to over the next few months

I suspect there will be few more upgrades.

[z1co] 21/3/2024 09:52

s u w , good post.

[someuwin] 21/3/2024 09:48

I like the new name. The problem with Cornerstone is that there are hundreds of other companies (in many different sectors) using that name. Look on Google for Cornerstone and its hard to find this one unless you remember to add the "fs". Finseta is unique.

[z1co] 21/3/2024 09:17

James Hickman, CEO of Cornerstone:

"As part of our strategic growth plan, we are excited to announce that Cornerstone FS is undergoing a renaming process. This decision is driven by our desire to better align our brand identity with our mission, values, and the comprehensive range of services we provide. Finseta has been chosen to differentiate us in the marketplace as we build upon our reputation as a client-focused leader."


The company will provide more info next month when they will issue Q1 trading update followed by full year results at the beginning of May.

[z1co] 21/3/2024 09:05

That 44,327 was a sell just after the opening at 8.00am had no effect on the price and shares are now UP slightly.

[z1co] 21/3/2024 08:56

nico , keep an on PIP interim results next week.

[z1co] 21/3/2024 08:54

That 10,000 buy at full offer of 28p has upped the offer to 29p

[nico115] 21/3/2024 08:16

I've not sold any since my tr1Still got 1.5m and still very happy with this investment.Cheers Zico

[nico115] 21/3/2024 08:01

I think the buys coincides with a tweet from Pat viera yday .He's widely followed and I like his investing style.A great person to follow .. I REALLY like him : )

[z1co] 21/3/2024 07:39

carcosa

That's a lie.

Equals results were announced at 7.00am , almost all these buys took place after the rns which was issued at 9.49am.

This was to do with with the new name.

[carcosa] 21/3/2024 07:27

I would say it had nothing to do with the name change and everything to do with bid interest with Equals Group.

Also my prior post was AI generated (as I clearly stated) so has little to do with me.

[z1co] 21/3/2024 07:18

carcosa

If you take a look at all the trades yesterday you will see 99% were BUY's , 185k and a mere 1200 sells.

This suggests that peeps do like this new name hence all the buys which also includes me.

If it did NOT appeal to investors there would have been a sell off.

[eggbaconandbubble] 21/3/2024 06:53

How about Finseta Financial Services - FFS.

Would definitely get remembered!

[carcosa] 21/3/2024 05:43

Here is an AI's comment on the names:

Here's a comparison of "Cornerstone" and "Finseta" for a fintech foreign exchange and payments company:

Cornerstone

Pros:
Conveys stability, reliability, and strength - essential qualities for a financial institution.
Established term, easily understood by a broad audience.
Cons:
Lacks emphasis on innovation or technology, which can be important for fintech companies.
Might lean towards a more traditional image, depending on execution.
Finseta

Pros:
Unique and memorable name.
Combination of "Fin" and "Set" clearly links it to finance and potentially implies completeness or innovation.
Modern feel, potentially appealing to a tech-savvy audience.
Cons:
Invented word, requires brand building to establish recognition and meaning.
Doesn't explicitly tell people it's a foreign exchange and payments company.
Choosing Between the Two

Prioritize Tradition and Stability: Go with Cornerstone if you want to project a reliable and trustworthy image, emphasizing security and established financial expertise.
Prioritize Innovation and Uniqueness: Choose Finseta if you want a name that stands out and reflects a modern, tech-driven approach to finance.

Personally I prefer 'Cornerstone' (including FS - Financial Services)

[z1co] 20/3/2024 17:41

Market & Company News

Cornerstone FS plans to change name to Finseta as part of growth plan

20 March 2024, 13:56Source - Alliance News

Cornerstone FS PLC on Wednesday said it plans to change its name to Finseta PLC, in order to ‘differentiate’ the company in the marketplace.

Cornerstone is a London-based provider of cloud-based payment systems.

In connection with the name change, the company’s ticket will change to ’FIN’.

The change of name is expected to take effect during April.

Chief Executive James Hickman said: ‘As part of our strategic growth plan, we are excited to announce that Cornerstone FS is undergoing a renaming process. This decision is driven by our desire to better align our brand identity with our mission, values, and the comprehensive range of services we provide. Finseta has been chosen to differentiate us in the marketplace as we build upon our reputation as a client-focused leader.’

Shares in Cornerstone FS were up 1.8% to 28.00 pence each in London on Wednesday afternoon. Over the past 12 months, the stock has quadrupled from 7.00p.

[z1co] 20/3/2024 16:34

Has been completely NT since the 7,500 buy at 15.58.

We'll see what happens tomorrow.

[z1co] 20/3/2024 16:02

More buys coming in the last 30 minutes , it's now NT for even 5,000 at 28p.At this rate shares could even finish BLUE.

[z1co] 20/3/2024 13:50

It's gone NT to buy 25,000

[z1co] 20/3/2024 13:48

40,000 BUY at full offer of 28p.

[z1co] 20/3/2024 12:45

Steady buying after news this morning that they will change the name to Finseta Plc.

Looks good.

Well done James Hickman!

[z1co] 20/3/2024 10:05

James Hickman is on a mission to grow the revenue to £100m within 5 years.

[z1co] 20/3/2024 10:03

Proposed change of name to Finseta plc



Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to announce its intention to change the Company's name to Finseta plc.



In connection with the proposed change of name to Finseta plc, the Company's TIDM is expected to change to 'FIN'. The ISIN (GB00BNG7CD28) and SEDOL (BNG7CD2) of the Company's ordinary shares will remain unchanged. Shareholder documents of title will be unaffected by the proposed change of name and existing share certificates should be retained and remain valid. Any new share certificates issued after the name change becomes effective will bear the new name, Finseta plc.



The change of name is expected to take effect during April 2024 and a further announcement to confirm the timing of the change of the Company's name and TIDM will be made in due course.



James Hickman, CEO of Cornerstone, said: "As part of our strategic growth plan, we are excited to announce that Cornerstone FS is undergoing a renaming process. This decision is driven by our desire to better align our brand identity with our mission, values, and the comprehensive range of services we provide. Finseta has been chosen to differentiate us in the marketplace as we build upon our reputation as a client-focused leader."

[fft] 20/3/2024 09:24

Any read across from EQLS results this morning ? Not an expert on the sector so not sure if EQLS in line, ahead or behind.

[z1co] 17/3/2024 14:57

This turnaround is all due to the actions taken by the new CEO James Hickman who was appointed in August 2022.

James has over 19 years' experience within the payments industry. Most recently, James was Chief Revenue Officer at Dublin-based fintech business, Fire Financial Services Ltd. Previously, James spent nearly five years as Chief Commercial Officer at AIM-quoted Equals plc. Prior to that he was Managing Director at a privately held card & payments business, Caxton FX Ltd. In each role, James was responsible for growing sales, operations and managing key relationships. At Equals, his role also included investor relations, fundraising and strategic acquisitions.