Predictions 2023

I predict Monzo will announce an IPO :+1::clap:

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I predict a riot.

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Was hoping for Freetrade IPO but we know that wonā€™t happen for sometime, if ever, if sold off.

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Why do you think that? (Genuine interest rather than a challenge).

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The door is open for a company like Monzo to IPO.
The IPO market is dead at the moment,so for a company like Monzo who have over 6 million active customers and are going to show a fantastic increase in profits this year,then in my opinion the time is now and they donā€™t need to wait till 2024.
Just to add another prediction, I reckon the valuation is about Ā£12 billion

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2024 :+1:

Tesla go under $70 per share

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Feels a bit high. Is it worth just under half of Barclays?

Barclays: Ā£28.686B

But then again, bank valuations are all over the place:

HSBC: Ā£144.371B
Lloyds Banking Group: Ā£33.385B
Metro Bank: Ā£203.59M (thatā€™s million)

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Interest rates at 7%

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Is this a bit of fun and a moonshot prediction, or a serious estimation based on some numbers or comparisons?

A big chunk of my portfolio is Monzo so that would be fantastic, however it feels too optimistic to me even though they are killing it right now.

I think what puts a firm ceiling on it for me is that Wise are publicly valued at Ā£5.7bn on the LSE with metrics twice as big as Monzoā€™s. They are arguably very different businesses with different business models, but i canā€™t see why Monzo would IPO at twice the value of a ā€˜similarā€™ London Fintech that takes twice as much revenue, earns twice as much profit and has a similar rapid growth trajectory as them.

If you think a comparison to Wise is valid, Monzo should probably.be worth around Ā£3bn or maybe Ā£4bn if they reach revenue run rate of Ā£500m and break even in June.

Just my thoughts, but iā€™d love your Ā£12bn prediction to come true.

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Monzo will be way over break even in June,and as you say ā€œthey are killing itā€ also in my opinion they have the best and most responsible buy now pay later offering on the market ā€œFLEXā€

Russia will loose

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I will get off my arse and get the vegetable garden started.

The landlord will raise the cost of pies on pie night.

The US and China wonā€™t be be best matesā€¦ever

The Israelā€™s and the Palestinians wonā€™t be best matesā€¦ever.

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Freetrade will not sort out questionnaires for there version of complex investmentsā€¦ever

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I thought this was predictions for 2023 not ā€˜everā€™ ones.

For ever includes 2023ā€¦ Obviously
As in

touchƩ

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