Wise Share Discussion Threads

[stutes] 28/1/2022 16:46

W down 6% on US data yet Dow, S&P and Nasdaq up ?

[stutes] 28/1/2022 14:58

If W with its fintech infrastructure is hit by 30% drop , why aren't the big banks hit for the same % to reflect their side of cash business or firece competition?

[stutes] 28/1/2022 13:47

Should W's shareholders opt to trade their shares privately, bypassing the City? If you look at Jupiter and the valuation of Klarna- why bother with London?

[stutes] 28/1/2022 08:43

38% drop from listing price of £8, London and IBs are going to find it very difficult to bring more firms to the market.

[stutes] 27/1/2022 13:16

If you consider how firms trading in line with forecast seem to be hit by a 10% drop,e.g., Doc Martens, Wise ups its forecast is hit with 10%+ drop - yet banks trading below forecast - up?

[kinwah] 25/1/2022 11:23

1pencil and eaglebeagle you are spot on. Regular users want certainty and ease of transaction. What they don't want are inconvenient extra anti-money laundering checks. As a highly valued business WISE needs to protect its reputation but I want my transfer to be accepted instantly even if it takes time for the money to reach the recipients bank account. WISE is great for small-value transfers between friends and family but there's a large part of the market that it will struggle to penetrate.

[stutes] 24/1/2022 18:26

2.3m shares or in current value terms, £14m and City knocks 7% off a £8bn cap business - but it pushed it down over 10% during today's trading hours. The only logic is panic pricing rather than valuing a business on its own merits it shows why private equity has an advantage over the City?

[stutes] 24/1/2022 15:20

hxxps://www.fool.com/investing/2022/01/23/better-buy-remitly-vs-wise/

Well the City isn't listening?

[stutes] 24/1/2022 12:52

If Barclsys is down say 3% on 5m shares, W down 8% on 700k volume - going o value B should be down more than W based on total value if trade.

[1pencil] 24/1/2022 12:00

THG having a right ol battering, quite a few similarities to Wise on corporate side.

Just noticed another director sale of shares, cant be helping.

[stutes] 24/1/2022 11:58

Down 7.7% in a morning- shows City is in general panic mode.

[stutes] 21/1/2022 15:47

Goldman Dangles New Bonuses for Select Few on Top of Surging Pay

Shows big banks are losing talent and that shows people see better times away from big banks?

[stutes] 21/1/2022 12:05

hxxps://www.cityam.com/the-unstoppable-rise-of-the-challenger-bank-canary-wharfs-retail-giants-have-reasons-to-be-worried/

More competition leaves banks' margin vulnerable and lower cost base firms set to gain more market share.

[1pencil] 21/1/2022 08:49

Rates increasing around the globe give banks more margin to play with, pass on..

..well may be not pass on lol

[conwyrebel] 21/1/2022 08:28

Because the banks have to bet against themselves! My bet is a new round of consolidation and M&A activity.

[stutes] 21/1/2022 08:07

Today's Times reports on how digital banks are taking market share from the big banks.

The tide is running against the big banks, yet the City reckons their shares are worth a punt.

[stutes] 20/1/2022 17:10

I think, with more people and firms facing higher bills, more of them will be looking to save money - that includes cash transfers.

Established banks have branches, competition from fintechs as well as buy now pay later firms, fines to navigate. I think banks are about to face a tsunami of technology competition which will mean fintechs become the next generation in global banking

[eaglebeagle] 20/1/2022 11:05

What this reflects, as those of us who have worked in the business and observed is that, a majority of regular remitters/transferors value (especially those in the £1k plus range) certainty over cost. Small businesses can pass on the cost of higher FX but if they have an established overseas supplier who is receiving their payments with no issue, they are reluctant to mess with that glow. Focus groups confirm this. As such Wise would be wise to target new users and new payment flows (in terms of new business suppliers to small businesses).

[conwyrebel] 20/1/2022 10:13

Utility inertia. Changes over time and with marketing.

[1pencil] 20/1/2022 09:40

Strange reaction after being tipped.

Unable to read full article but get the gist of it.

One thing I have noticed with the FX market is how entrenched people are at switching, having recommended Wise to a number of frequent FX users the replies have been similar, "been using this app, may as well stick with it" "have used this broker for ages" this is without even checking or comparing rates.

[stutes] 20/1/2022 08:56

Today's price movement adds to my view W should move its listing to USA

[stutes] 20/1/2022 07:51

hxxps://www.thetimes.co.uk/article/b22c3e4c-793e-11ec-9998-b2483743c25e?shareToken=ffe37d1a8b6c9a6352b9a79e95acdc84

Citi seems to have got it wrong on W.

[stutes] 19/1/2022 21:07

hxxps://www.altfi.com/article/8738_wise-rebounds-with-ballooning-q3-revenues

I do wonder how the market cuts W's share price by 10%+ in a day yet the day W reports its Q3 trading update, it only moves 17p up even though the Citi report that caused the drop now spears to be shown to be wanting on reality?

[stutes] 19/1/2022 15:11

The spin about banks seems to me to be overdone competition is building up against established banks.

[stutes] 19/1/2022 12:36

[...]

I do wonder if Citi's downgrade of W should be investigated by FCA, as it focused upon growth % yet appears to have missed erosion of market share of the big banks?