In addition, PER 1.88 GBX is written in "Prospects July 2021" as 31-March-2021, Basic EPS.
So, the correct PER is 433.4GPX / 1.88 GPX = 230.5 (at 21-Apr-2022).
E
My target buy-in price is GBp 86.95 which is PER 30. Current price (GBp 509) is 587% expensive than my target price.
WISE is a great company with great services, but its IPO trade was extremely over-priced definitely.
j
Awwhh! why is up this quick, I was looking forwards to bag some money and buy more down here! .... I want to double my position before its 7+!
W
still down when all american stocks went up lol
g
Fasten your seatbelts
F
Heavily invested here, problem is not company is just the initial valuation. Still overpriced at this market cap sadly. My average is 7.50.
D
looks like next Wirecard)))
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!
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.
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 📈
c
Two days of steep decline, and no news, plus 200,000 shares sold for 927 at 17:29 (1.8M) today, what's happening?...
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?
Cheers.
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
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.
a
How will this effect wise .. ? Facebook Inc. is starting a pilot program for a digital wallet app that allows no-fee, instant transfers
Á
Wise PLC said Wednesday that its revenue grew 34% in the third quarter of the fiscal year.
The U.K.-based fintech company, formerly known as TransferWise, reported revenue of 149.8 million pounds ($203.7 million) for the three months ended Dec. 31. This was up from GBP111.9 million a year earlier, and from GBP132.8 million in the second quarter.
Volumes rose 38% on year to GBP20.6 billion.
"I'm delighted that for the first time we've supported more than 4 million customers to complete cross-border transfers in a single quarter," Chief Executive Kristo Kaarmann said.
But finally, I found correct PER.
Earnings per share is 1.88 (GBX=1/100GBP) on
"www.londonstockexchange.com/stock/WISE/wise-plc/company-page" .
In addition, PER 1.88 GBX is written in "Prospects July 2021" as 31-March-2021, Basic EPS.
So, the correct PER is 433.4GPX / 1.88 GPX = 230.5 (at 21-Apr-2022).
WISE is a great company with great services, but its IPO trade was extremely over-priced definitely.
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!
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 📈
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?
Cheers.
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.
The U.K.-based fintech company, formerly known as TransferWise, reported revenue of 149.8 million pounds ($203.7 million) for the three months ended Dec. 31. This was up from GBP111.9 million a year earlier, and from GBP132.8 million in the second quarter.
Volumes rose 38% on year to GBP20.6 billion.
"I'm delighted that for the first time we've supported more than 4 million customers to complete cross-border transfers in a single quarter," Chief Executive Kristo Kaarmann said.