Equals Share Discussion Threads

[carcosa] 30/5/2023 05:46

Technically you may be correct about IC not highlighting Pros and Cons in the last article but if you follow the links then you will find Equals was first mentioned by IC in 8 April 2022 when the share price was 77p, including the following one and a half pages of investment risks, the headlines of which are:

Data integrity and security
Fraud
Banking arrangements and relationships
Significant competition
Operational liquidity
Liquidity
Failure of key suppliers risks impacting performance
Earn Outs

Further they highlighted three bear points:
1. Global payments markets highly competitive
2. Execution risk on expansion
3. Ongoing investment in technology

Since then there have been eight follow up articles, the lastest being May 22, 2023 (the article I assume you are referring to) with progressively higher share price targets.

Simply Wall Street is predominantly an automated output website. Their platform uses algorithms and data automation to generate reports, analysis, and visualisations of stock market data with limited human input and oversight.

In practice, and especially outside the US, it is next to useless for investors as context is everything which is severely lacking SWS. As such I recommend webpage extensions such as 'uBlacklist' to block Simply Wall Street in Google search results.

"Seems a lot of hot air in the share price at present." I would agree with that sentiment but perhaps phrase it differently. On a side by side basis something like AGFX looks better but EQLS can be viewed as having a better opportunity for medium term revenue and profit growth and the share price reflects that.

[clive7878] 29/5/2023 20:20

IC does not mention the full picture - pros and cons !
eps is very low, and pe ratio is very high,
simply wall says that growth rate is estimated at 38% though.
and sound balance sheet and stock has little risk
but only one to watch as far as I am concerned
but could do well long term.
Seems a lot of hot air in the share price at present.

[clive7878] 29/5/2023 12:55

mentioned in IC this weekend
promising write up
but then their previous share buys have been optimistic & have risen and fallen back again.

[johndoe23] 24/5/2023 09:34

ST tip always happens, spikes up then retreats back

[66fingers] 24/5/2023 08:13

Seems to be retracing the gains it made following the CM day.

[bazzerp] 23/5/2023 17:55

My opinion - nothing will move long term until Putin is gone. The nervous money is on the sidelines - mine too.

[froggyranger] 23/5/2023 16:39

Big placement of stock at 100p it seems? Will be interesting to see in due course which one of the top holders sold and of course who bought.

[wildchild] 23/5/2023 16:13

Seems to be stock offered all day today.

[qs99] 23/5/2023 14:19

Yes Total Addressable Market, Equals should be increasing that massively once Oonex regs signed away IMO. Yet still on a miserly rating.

Not even started with USA/Asia.....

DYOR

[johndoe23] 23/5/2023 10:15

Tipped by ST?

[eeza] 23/5/2023 08:58

Total Addressable Market

[smithie6] 23/5/2023 08:58

..phps

total addressable mkt

[qs99] 23/5/2023 07:39

Look at BIG tech, rated on EBITDA over 20, showing decent high growth, but EQUALS is showing bigger and more consistent growth with a bigger TAM IMO! DYOR, but that is the size of the prize in terms of a proper rating IMO!

Cheers

[shauney2] 22/5/2023 18:04

Apologies I meant to post this linkhtTps://www.investorschronicle.co.uk/ideas/2023/05/22/a-challenger-brand-well-worth-the-share-price-bounce/

[shauney2] 22/5/2023 17:59

He gets some stick but he called this right.

[shauney2] 22/5/2023 17:56

hTtps://www.investorschronicle.co.uk/ideas/2023/03/27/a-high-growth-disruptor-with-a-very-low-rating/

[qs99] 22/5/2023 09:57

110 on the offer, nice

[qs99] 22/5/2023 09:29

Not including anything for Oonex in 2023 is sensible, but leaves IMO massive upside potential for 2024 and beyond given the TAM it will open up to Equals.

Operational leverage will kick in more and more IMO over 3-5 years.....fact it is moving firmly up, IMO suggests the IR meeting last week with Instis was v. well received.

DYOR

[66fingers] 20/5/2023 13:56

Ja_sx, thanks for providing the links

[owenski] 19/5/2023 19:37

Looks like the CM day went down well.

The +2 hour event is very detailed about all areas of the business, this level of overview is not available on the usual results webcast, their global ambitions are a good example of this.

[techtrader5] 19/5/2023 17:22

This end of week break of 100 is fantastic and should mean a nice rise to around 130
More newsflow to come will underpin that so looking good.

[froggyranger] 19/5/2023 16:29

Well it's certainly making a concerted effort to close north of 100p. Interesting to see the movement next week because if it can't keep a grip at these numbers it really will be a kick in the mouth and 85-90 on the cards again.

[squeakeasy] 19/5/2023 15:02

Yes, sadly the research is not free! But am told it was positive and (sensibly) doesnt add anything for Oonex in 2023 or 2024. Buy recommendation and price target maintained. Having watched all of the CMD presentation i was very impressed. Strong people. Considered presentation, no hype, solid info and answered questions well. It’s clear that Oonex is a big but digestible step up and opportunity for them, so obviously key that they are granted change of control. Am guessing it’s likely but we have to wait for confirmation. If they repeat what they are doing in the UK in Europe its probably going to be a big upgrade to earnings and profits over time.
Otherwise i think the wide scope of their many tangible business opportunities and repeatable earnings streams was well explained and they clearly now have a very strong and targeted approach to monetising new and existing business, clients etc. First class.

[masurenguy] 19/5/2023 14:03

Punched straight back thru 100p - question is can it close above it tonight !