Fairfx Group Live Discussion

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Ramptastic 20 Mar 2018

Re: Crystal Amber Would I be right in thinking that as such significant investors they would be regarded as "insiders"?Jim

charlie51 20 Mar 2018

Crystal Amber Interesting that after selling down from 25% to about 15% last year that Crystal Amber have upped their stake in the last 2 RNSs this year.

walrog 13 Mar 2018

Re: HSCB Apologies C51 what I thought I had copied was “ HSBC Global Custody Nominee (UK) Limited“ As per RNSWR

charlie51 12 Mar 2018

Re: HSCB Where is that recorded? Nothing on here nor their website. Not that I doubt you, just cannot see the evidence.

charlie51 12 Mar 2018

Cenkos Before the City Forex acquisition, Cenkos had already upgraded eps to 0.4p for the year ended, with 7.1p this year and 13.4p next. A PEG of 0.19 according to Stockopedia.

walrog 12 Mar 2018

HSCB Now holding over 17%. ATBWR

charlie51 26 Feb 2018

Re: Earnings enhancing acquisition Well - last RNS shows how much I don't know Crystal Amber look to have increased their stake rather than reduce it - up from 15.3% to 17.7%....

charlie51 21 Feb 2018

Re: Earnings enhancing acquisition Typo by me - apologies. Meant to read 'quite muted' response from the SP. Big sale at 0850 - Crystal Amber I am sure.

charlie51 21 Feb 2018

Earnings enhancing acquisition Looks good to me - and certainly not paying too much. Quite. amused response with the SP. Maybe Crystal Amber selling some more into the news? It will be a real positive once they have pushed off altogether.

IOMINVESTCOM 25 Jan 2018

David Kempton: 4 AIM stocks I'm buying for 2018 My picks for 2018For 2018 I have added the following to my AIM portfolio:FairFX Group (FFX + ), a payment, foreign exchange company with a strong prepaid card business through cloud enabled banking platforms, now launching a multi currency bank account with a focus on the business sector. Turnover of £1.1 billion in 2017, an increase of 39% on 2016 and profits for the year are expected to beat market expectations. With forecast profits for 2018 giving a price-earnings (PE) ratio of 14, reducing to nine in 2019 for a 0.2 price-earnings to growth ratio, the shares look good value. The acquisition and growth aspirations could be very rewarding.[link]

charlie51 18 Jan 2018

Re: Trading Statement You must have missed the other bit:'As a result of this strong performance, the Group expects revenues and profits to be ahead of market expectations for FY17.'It's a very positive update, but the problem for the SP is that Crystal Amber look to be sellers just now and may well use any rise to sell into strength.

quackers1 18 Jan 2018

Re: Trading Statement In line with expectations

IOMINVESTCOM 18 Jan 2018

Trading Statement FairFX Group plc("FairFX" or "the Group" or "the Company"Trading StatementStrong Growth with turnover exceeding GBP1 billionFairFX, the e-banking and international payments group, is pleased to provide the market with a trading update for the year ended 31(st) December 2017 ("FY17".Full year turnover for the Group was in excess of GBP1.1 billion, an increase of 39% on the prior year (2016: GBP798 million) and in line with management expectations.On an organic basis, excluding the effects of the CardOne Banking ("CardOne" acquisition, which completed in August 2017, Group turnover was up 17.3% at GBP936 million. Underlying growth in turnover (excluding the effects of lower margin business for Leicester City FC) was up 27% for the year. As a result of this strong performance, the Group expects revenues and profits to be ahead of market expectations for FY17.Growth was driven by the Group's continued focus on its core products of International Payments (up 19.5%) and Prepaid Cards (up 18.0%). In keeping with the Group's stated strategic objective of growing the Corporate segment of the business, usage of the Company's corporate card platform rose by 61.9% compared to 2016. Furthermore, during FY17, 68,136 new UK domiciled retail customers were acquired, bringing the total to 701,206.The integration of CardOne into the Group has been successful and the planned synergies have been realised during 2017 with more expected to follow in 2018. As a result of the CardOne transaction, there will be further focus on optimising the combined marketing spend. The appointment of Ben Wynn as Chief Product and Marketing Officer means the Group is now well placed to refine an integrated marketing strategy for 2018 and beyond.The Company's focus in 2018 will be based on the two core themes of rapid product innovation and extracting increasing economies of scale.On the product innovation side, a key focus in 2018 will be on rolling out new products in Banking by building upon the technology acquired as part of the CardOne transaction. In this regard, the Group will be rolling out the Fair Everywhere multi-currency bank account product in the first quarter of 2018 with a focus on the business sector and more specifically, SME's. In addition, the Group has development pipelines for the corporate expenses platform and the retail FX card offerings. All product roll-outs will be accompanied by an integrated marketing strategy across both digital and traditional channels.Regarding the realisation of economies of scale, as previously announced, the Group will be using its Mastercard membership to enable it to issue its own cards and has a number of initiatives in progress to rationalise its supply chain and minimise costs.FairFX CEO, Ian Strafford-Taylor, commented:"The performance and evolution of FairFX during 2017 gives us great confidence for the prospects for 2018 and beyond. The Company grew consistently through the year and did not miss a step through the acquisition of CardOne Banking, which is testament to the management depth we now possess. We have a clear roadmap internally to achieve our 2018 goals, which will see the business continue its growth, further broaden the product offering and improve margins."This announcement contains inside information.Contact: FairFX Group plc Ian Strafford-Taylor, CEO +44 (0) 20 7778 9308 Cenkos Securities plc Max Hartley/Callum Davidson +44 (0) 20 7397 8900 Yellow Jersey Charles Goodwin +44 (0) 7747 788 221 Katie Bairsto +44 (0) 7946 424 651 Abena Affum +44 (0) 7555 159 808 About FairFXFairFX is a leading challenger brand in banking and payments that disintermediates the incumbent banks with a superior user experience and low cost operating model. This enables personal and business customers to make easy, low-cost multi-currency payments in a

share 123 maiden 22 Dec 2017

Mastercard membership [link]

Taddish 22 Dec 2017

Re: Updated chart Managed to add @72 a few days ago so, timed this one right I hope.Tad

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