Citi cut the recommendation on Wise Plc Class A to sell.
selle aasta miinuse tekitaja?
Analüüsimaja sõnul on pikaajalised ootused liiga kõrged. Võrdlemisi tiheda konkurentsiga turu järgmise 7a keskmine kasvuootus on 14% aastas, Wise'i puhul oodatakse 20% aga nende sõnul pole see "winner takes it all" turg. Hinnasihiks 650p.
Wise näitas kolmandas kvartalis kiirenenud kasvu ja tõstab majandusaasta ootust
Wise now sees revenue growth of about 30% for 2022 over 2021, according to a statement.
* 3Q Rev GBP149.8M vs GBP111.9M Year Ago
* 3Q Volume of GBP20.6B vs GBP15B year ago
* Still sees FY gross margin about 65% to 67%
* Still Sees Take Rate to Be ‘Slightly’ Lower in 2H
Wise now sees revenue growth of about 30% for 2022 over 2021, according to a statement.
* 3Q Rev GBP149.8M vs GBP111.9M Year Ago
* 3Q Volume of GBP20.6B vs GBP15B year ago
* Still sees FY gross margin about 65% to 67%
* Still Sees Take Rate to Be ‘Slightly’ Lower in 2H
63 % alla vajunud tippudest....
Konkurents tiheneb, uued hinnaalandjad platsis out-wisemas WISEt
https://sifted.eu/articles/atlantic-money-transfer/
https://sifted.eu/articles/atlantic-money-transfer/
Täna ajalooline päev WISE aktsionäridele, aktsia käis alla 300 ära. Olin väga kriitiline, selle aktsia suhtes algusest peale ja peab tõdema, et oli õnne, et topelt noteerimist ei kaalutud Tallinnas, kuigi oli paljudel soov, et saaks ka siit näpud taha. Praeguseks oleks paljudel tühjad pihud olnud. Wise omanikke peab tunnustama, et suutsid hästi ajastada noteerimise Londonis ja leida lolli raha, kes haukas keerulises sektoris toimiva firma aktsiaid ilmselgelt kalli hinnaga.
Suurbritannia finantsregulaator on alustanud Wise'i tegevjuhi osas ametlikku juurdlust, olles eelmisel sügisel toonud välja tema 2017-2018 ebakorrektse tulude deklareerimise.
Wise Plc Says UK FCA Has Started a Probe Into CEO Kaarmann. Wise Plc says board conducted an investigation with support from external legal counsel after the UK FCA included the CEO’s name in its updated published list of individuals and businesses receiving penalties for a deliberate default regarding their tax affairs, according to a statement.
CEO intends to cooperate fully with the FCA in its investigation.
Wise Plc Says UK FCA Has Started a Probe Into CEO Kaarmann. Wise Plc says board conducted an investigation with support from external legal counsel after the UK FCA included the CEO’s name in its updated published list of individuals and businesses receiving penalties for a deliberate default regarding their tax affairs, according to a statement.
CEO intends to cooperate fully with the FCA in its investigation.
Wise spinnib seda kui Käärmanni saamatust ja kogenematust maksuasjades, aga järjest raskemaks läheb.
David Wells, chairman of Wise said: “The board takes Kristo’s tax default and the FCA’s investigation very seriously.
After reviewing the matter late last year, the board required that Kristo take remedial actions, including appointing professional tax advisers to ensure his personal tax matters are appropriately managed. The board has also shared details of its own findings, assessment and actions with the FCA and will co-operate fully with the FCA as and when they require, while continuing to support Kristo in his role as chief executive.” He is approved by the FCA to carry out executive functions, according to the register of approved City workers. It has the power to revoke this licence if a person fails to comply with standards of integrity and honesty.
Homme tulemused.
Shareholders will be looking for confirmation that it has met its promise of 30% revenue growth for the full year to March. They will also be looking for evidence of a robust “take rate” — revenue as a percentage of the volume of cross-border transactions it processes. This was down slightly in the December quarter. At the half year the company made pre-tax profit of £18.8 million on revenues of £256 million. It has 3.5+ million active customers worldwide. Analysts at Numis have a “buy” rating on the stock and predict full year pre-tax profits will rise to £61 million from £45.6 million.
David Wells, chairman of Wise said: “The board takes Kristo’s tax default and the FCA’s investigation very seriously.
After reviewing the matter late last year, the board required that Kristo take remedial actions, including appointing professional tax advisers to ensure his personal tax matters are appropriately managed. The board has also shared details of its own findings, assessment and actions with the FCA and will co-operate fully with the FCA as and when they require, while continuing to support Kristo in his role as chief executive.” He is approved by the FCA to carry out executive functions, according to the register of approved City workers. It has the power to revoke this licence if a person fails to comply with standards of integrity and honesty.
Homme tulemused.
Shareholders will be looking for confirmation that it has met its promise of 30% revenue growth for the full year to March. They will also be looking for evidence of a robust “take rate” — revenue as a percentage of the volume of cross-border transactions it processes. This was down slightly in the December quarter. At the half year the company made pre-tax profit of £18.8 million on revenues of £256 million. It has 3.5+ million active customers worldwide. Analysts at Numis have a “buy” rating on the stock and predict full year pre-tax profits will rise to £61 million from £45.6 million.
"opex"
Wise spinnib seda kui Käärmanni saamatust ja kogenematust maksuasjades, aga järjest raskemaks läheb.
David Wells, chairman of Wise said: “The board takes Kristo’s tax default and the FCA’s investigation very seriously.
After reviewing the matter late last year, the board required that Kristo take remedial actions, including appointing professional tax advisers to ensure his personal tax matters are appropriately managed. The board has also shared details of its own findings, assessment and actions with the FCA and will co-operate fully with the FCA as and when they require, while continuing to support Kristo in his role as chief executive.” He is approved by the FCA to carry out executive functions, according to the register of approved City workers. It has the power to revoke this licence if a person fails to comply with standards of integrity and honesty.
Homme tulemused.
Shareholders will be looking for confirmation that it has met its promise of 30% revenue growth for the full year to March. They will also be looking for evidence of a robust “take rate” — revenue as a percentage of the volume of cross-border transactions it processes. This was down slightly in the December quarter. At the half year the company made pre-tax profit of £18.8 million on revenues of £256 million. It has 3.5+ million active customers worldwide. Analysts at Numis have a “buy” rating on the stock and predict full year pre-tax profits will rise to £61 million from £45.6 million.
https://www.bloomberg.com/news/articles/2022-06-28/wise-says-revenue-to-grow-more-than-30-as-results-top-estimates
Wise Plc said revenue hit £559.9 million ($686 million) in its first set of full-year results as a listed company, up a third from the previous year.
The revenue figure was above the average Bloomberg-compiled analyst estimate of £556 million. The company said its volumes grew to £76 billion in the period, which was 40% more than in the year to March 2021, according to a statement Tuesday. It had 4.6 million active customers, an increase of 29%.
Ehk siis 30%-se kasvu eest maksavad investorid praegu ca 9,1 kordset preemiat. Selline preemia oleks ehk õigustatud, kui kasv oleks ca 100%. Seega vaatamata aktsiahinna ca 70%-st langusest tipust, on ettevõte jätkuvalt ca 3 korda ülehinnatud.
Mis asi on 9,1 kordne preemia? Mille suhtes? See on mingi suhtarv? Milline? P/S see ei ole, P/E ka mitte...
P/S'i mõtlesingi, preemia käibe suhtes. Suure palavaga on keeruline matemaatikat teha, aga peaks nagu õige olema.
Yahoo Finance: Market Cap (intraday): 5.08B
Äripäev: "Wise’i teenis lõppenud majandusaastal 559,9 miljonit naela käivet, mida on 33% rohkem aasta varasemaga võrreldes."
Yahoo Finance: Market Cap (intraday): 5.08B
Äripäev: "Wise’i teenis lõppenud majandusaastal 559,9 miljonit naela käivet, mida on 33% rohkem aasta varasemaga võrreldes."
WISE -10% täna tulemuste peale, mis näitasid ootustest paremat kasvu, ent suurenevat investeeringute mahtu, mis lööb kasuminumbri pihta.
Morgan Stanley pani ka täiega mööda, ennustades "flat to slightly down" on results.
Morgan Stanley pani ka täiega mööda, ennustades "flat to slightly down" on results.
"tauts"
P/S'i mõtlesingi, preemia käibe suhtes. Suure palavaga on keeruline matemaatikat teha, aga peaks nagu õige olema.
Yahoo Finance: Market Cap (intraday): 5.08B
Äripäev: "Wise’i teenis lõppenud majandusaastal 559,9 miljonit naela käivet, mida on 33% rohkem aasta varasemaga võrreldes."
Yahoo Finance-i MCAP on dollaris, käive on naelades. Wise-i market cap on hetkeseisuga 3,39B naela ja P/S 6.1.
Oled ikka kindel?
"tauts"
Oled ikka kindel?
Google Finance on kindel
Kristo vist enim ajaloos raha kaotanud eestlane tänaseks... Ja ühtlasi müts maha Taaveti osavalt ajastatud exiti osas.
No siis ca 2x on ikka üle hinnatud. Aluseks eeldus, et 50%-se käibe kasvu puhul ei maksaks rohkem kui 5x preemiat. Olen kuulnud, et ka mitmetel riskikapitalifirmadel on analoogne benchmark.
Eks kasvuaktsiad saavad kõik pihta. "Õhk" võetakse seest ära.