Market's view on Cornerstone Fs
Published on April 2024
- Concerns are raised about the silence from Cornerstone this year despite expectations set last year for materially higher performance figures.
- Issues with the company’s investor website are highlighted, including non-compliance with the UK Corporate Governance Code due to delayed updates and lack of response to investor queries, portraying the company’s management as disorganised.
- Speculation about the potential implications of quiet periods on expected quarterly results, suggesting either good or disappointing news could be pending.
- Positive anticipation is noted for the upcoming results announcement on May 8, following previous positive results.
- The company’s rebranding to Finseta is mentioned, along with a planned update to their international payments and FX solutions.
- Discussions about increased trading activity and share price movements suggest active investor interest.
- A stock watcher predicts a significant share price rise if the company is bid for, reflecting optimistic sentiment.