MEGATHREAD: Stock fundamentals 📊

Thanks so much for getting back to me on this @markMurtagh. When there are no analyst price targets we get this:

That is obviously expected behaviour.

But sometimes we get this:

or another example

or another example

I just picked those up randomly because people often talk about those stocks on the community forum. I randomly checked various US stocks and could not find any examples. So it seems that the issue is with some UK stocks (possibly a specific provider issue?)

All screen shots: App version 3.9.31 (45036)

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I get this too “unable to load price targets”, and my app and my iOS are fully up to date

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@bitflip @TheRaven Thanks for the examples. We’re currently looking into our third party providers.

What you’re seeing is the empty and error view, respectively. We try to provide fundamentals for as many instruments as we can. However, the fundamentals are indeed provided by a data provider.

We’ll look into these and keep you posted !

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Ok thanks @markMurtagh. So to be clear - are you saying the ‘unable to load’ just means the data isn’t there? I understand the first screenshot - obviously not an error. I would have originally assumed if data was not available then the second (‘error’) screen would also just say the same thing.

I guess the difference is simply that in case 1 no analyst provides data (because it is for example a new stock). In case 2 analysts do provide data but Refinitiv doesn’t have access to them. Refintiv returns two different codes and that is what you handle. Is this understanding correct? If so perhaps a different message should be displayed in the second case so that users know there is no error on their side?

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Hello @bitflip

Yes case 1 is not an error. If Refinitiv does not provide any data then we show this message.

Case 2 is our error message. It’s a message we show when something has gone wrong in the app or server side. For example if the app is unable to parse a response or the service we hit from the app is having issues.

We are aware of a currency conversion issue and are working on a fix. So you might be seeing this message more frequent than we’d hope.

Rest assured we’re on it and hopefully can get it resolved asap.

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Hello everyone,

We wanted to show you all a sneak peek of some work in progress related to dividend events :wink:

Some of you with eagle eyes may notice a little currency issue, that’s being worked on and will always display your local currency, which is mainly GBP.

Coming soon - watch this space for updates!

As always if you’ve got any feedback let us know

Don’t forget, capital at risk.

DividendEvent

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Would be good to see full expected payment after ex dividend date

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I was confused for a second. This doesn’t replace the nice dividend payment pop up? But is a new card for the ex div info?

In which case, I like this.

I would love if you were able to sneak in a small indicator on the main screen for stocks which have gone ex div, or something that indicates some corporate event.

It’s probably out of the scope of this update.

I feel like there must be an opportunity to provide at a glance info which is better than the competition.

HL for example provides a little indicator for ex div etc. but there must be a better way to give immediate info on the main screen that a stock has a new event that the user has not read or seen yet.

Like an unread message count on each stock :joy: and a this stock is ex div icon.

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Absolutely brilliant addition to the app. Thankyou @freetrade

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be good if it displayed total dividends received per stock and lifetime total perhaps on the insights tab - as well as by quarter

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Can we have an update on the “unable to load price targets” situation please @markMurtagh ? Still getting it and I’m on IOs version 3.9.37.

Thanks

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Yup - I agree it would be good to know if this going to be solved soon. There two separate issues here:

(1) The error message is user unfriendly. The users are left scratching their heads - is something wrong with their phones, the wifi, the app or what? Not only do users scratch their heads they are left worried that something they have control over is not working properly. The message should indicate that Freetrade are unable to provide the data.
(2) @markMurtagh references a currency issue. I am not sure why UK stocks are affected by this. But I guess this what they are fixing.

Having said all this @TheRaven - I am not really sure that Price targets are really that useful to most retail customers. The customer needs to look into the whole background of the target and even the era for which it is relevant. For example in macro situation 1 a reasonable target might be $X but with inflation affecting spending the revenue may go up or down and the target would be $Y. Unfortunately we don’t get to see which analysts have set what targets and we don’t have access to the report so we don’t really know whether the target is relevant anymore. I rarely look at targets - almost an after thought.

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Hi @bitflip . Actually I don’t take a great deal of notice of price targets; as you will know they’re often set by brokers with ‘vested interests’ it seems to me.

Was just flagging it up really, as I’m doing some ‘housekeeping’ on my portfolio.

Tell you what would be very useful though, is a comparison showing which brokers are the most accurate when it comes to their forecasts.

Cheers

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Feel like it should use the house style something more “Oh no! Something has gone wrong and our data is missing, sorry”

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Totally agree.

But this is the thing … these are not forecasts. When you read the analyst report (and I have read quite a few) they make that clear. This is also one of the things that I did not understand when I started …

It is the modelling around the creation of the target that is the most interesting bit … why? Because you get to see what drives the companies accounts.

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Fair enough - still got some learning to do I know :see_no_evil:

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Hi everyone :wave:

We’re gradually rolling out dividend events to Standard and Plus members over the next week. This feature will be available on both iOS and Android. iOS users can download the update directly from the App Store.

Keep track of ex-dividend dates and dividend payment dates for individual stocks, and get them in your calendar. You can also see key info like dividend per share and dividend type.

Not sure what all this means? Check out the :information_source: buttons within the feature. They’re there to give you helpful hints, so you can make the most of your stock fundamentals.

Let us know what you think below and keep an eye on this thread to see what’s next!

Not a Standard or Plus member yet? See how our plans compare. Upgrade to access dividend events, price targets, analyst ratings, our full range of stocks, interest on cash balances and more.

When you invest your capital is at risk, the value of your investments can go down as well as up and you may get back less than what you invest.

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Some investment houses make this clear by saying things like “HOLD” for now or “SELL” when it gets to £v or “BUY” above £w. This makes it clear that they are not predicting or forecasting the share price. But obviously Freetrade can’t do this because it is an execution only broker.

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Excellent news! Can’t wait for this to be released. I have been adding the dates manually to my investor calendar, and it’s a time consuming process. The option to add this directly from the app to the calendar will be greatly appreciated.

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