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Wise plc (WISE.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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580.60-25.20 (-4.16%)
At close: 05:10PM BST

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  • J
    merger coming. youre welcome.
  • D
    up 11% on no news. buy out or some other insider deal story?
  • R
    Buying opportunity at $200 coming soon
  • C
    I save about £500+ every container I buy over Barclays using Wise Business
  • E
    My concern is a potential flaw of regulatory compliance.
    I have no idea specifically. Maybe they have no flaw, but I still have some doubt because of the past behavior of the CEO.
    Once a flaw is reported, could be a devastating impact to their biz.
  • j
    why this is up last few days and 8% yesterday only!? .. looks like its forming double bottom base? Looks like time to accumulate
  • C
    Why do they need 3400 employees if the platform is automated¿
  • T
    That's the downside of a small share float. If an owner (large shareholder) wants to offload some shares then they will need to engage a book-runner and do it at a discount to market price. This is exactly what happened at Manchester United Plc recently. No law against it of course ... just a lot of shares held by insiders (which is a good thing!). Keep the faith.
  • J
    I'm no expert, but I reckon the decline could be down to several factors alongside the trading update today.

    1. The share is already tremendously overpriced to begin with, based on its inflated 400+ P/E ratio. The updated figures today don't show tremendous growth (Although 25% is still pretty decent) to justify its share price moving forward.

    2. The earnings call was rather uneventful, as they refused to disclose gross margins (As expected). This will come on the 30th of November 2021. I reckon we'll all be looking forward to this date instead.

    3. Although growth in revenue was at 25%, the growth rate itself has taken a hit from what it was in previous years and quarters. Obviously this is all compound, but sometimes people forget.

    4. There was a lack of/no mention with regards to their plans to expand outside of their core regions towards South America and Africa, where there is huge potential in those emerging markets.

    5. Their take rate has taken a slight hit, meaning they retain less profit than in previous quarters. I'm guessing investors are worried that this may affect their margins come the earnings release.

    Would be happy to hear more insight to this!
  • A
    Any reason for the decline today? I’m in the U.s so the news may be a little late on this
  • Á
    "Wise's 1H Pretax Profit More Than Doubled,"
  • E
    I’ve been using Wise for a couple of my businesses for about a year now. Their services are literally the best I have ever used. I pay my overseas contractors and they receive the transfer in seconds. Transactional fees are extraordinarily low. If I were to use Western Union or a high street money transfer service, They would charge at least £2-£5 fee etc. This is such a convenient service for businesses. in my view, Wise is the future for international business transactions.

    On the other hand, wise has become the most popular money transfer service amongst immigrants who are living and working outside their own countries. These people send hundreds of pounds each month via Wise.

    With all things considered, this company is going be a huge winner hence why the high-street banks are hating it.

    Don’t hesitate, buy in and hold. It’s going to be a smooth ride to the moon 📈
  • A
    Everyday since a week there is a huge single lot of shares exchanged just before closing,some huge accumulation seems to be happening? There are approx 285k to 470k volume at the close of day(this is not cumulative but only in that last minute)
  • J
    Job CF
    I have been using Wise for currency conversion for many years for personal use and business. It has saved me thousands.
    Thought of buying in, attracted by the bonus. But missed it (lucky me!)
    WISE.L is on my radar. Will dip in when their financials improve.
  • E
    I recently started researching into Wise, so I am very new here.
    I am looking into opening a position at some point.

    I would say that current price is a good entry point, however my gut tells me this is going down some more in the following week.

    What do you longs here think about the current situation with changes and challenged ahead compared to potential growth?