Plus500 Share Discussion Threads

[nurdin] 19/7/2016 15:40

Thanks SJ...very useful.Shows the undervaluation of PLUS clearly.

[sailing john] 19/7/2016 15:27

Nurdin thanks for posting - I have a model and that gives an eps of 77p so pretty close

Here is my comparison of IGG full year vs my estimate for PLUS in 2016 (based on Q1 and previous year)
(Copied from elsewhere so formatting might be out)

Plus estimates converted to GBP at 1.35
£m ($/£ 1.35)
      IGG     PLUS (Estimate)
Rev    488      252
PAT    164      88
PAT% ..34%  ... 35%    (PAT % of Revenue)
SP (p) 840      740
MC    3083     851
PE     18.8   9.65
EPS ....45p... 77p
Yield   3.7%   6.2%

[nurdin] 19/7/2016 12:49

He is too busy talking them down to be excited :o)

Berengberg, one of their brokers is forecasting eps of 75p (at the current exchange rate) for 2016...leave you to work out the PE !

[gorilla36] 19/7/2016 12:40

Lydnem - We should be pushing through to a new high over the summer.

[lydnem] 19/7/2016 09:16

No comparison between IG and PLUS. Different totally.

[sailing john] 19/7/2016 08:10

IGG FY today - Rev +14%
Share Price at all time high
Coped well with Brexit volatility
Read through to Plus
Edit of course Plus PE circa 10 and IGG PE circa 20!
SJ

[fizzypop] 18/7/2016 17:18

Only 5% away from the previous peak of 770p in May 2015.

[nurdin] 18/7/2016 16:17

Nice breakout in progress..:o)

[sailing john] 18/7/2016 10:28

Currency markets a little flatter today with one obvious exception Turkish Lira.
Plus have two Lira pairs USD/TRY and EUR/TRY

Price off a little today - reduced volatility and perhaps market holding off until Q2 KPIs released. Consolidating at just over 700 resistance/support?

GL - SJ

[sailing john] 15/7/2016 18:47

And yet more currency volatility
After what was going to be the strongest week for Sterling for many years it fell significantly today (after an early rise) following "strong US data" and this from BoE's Andy Haldane who warned of “significant” policy action to come.

GPB/USD range over day of 3.3c! - high 1.347 low 1.314

All good for business!

GL - SJ

[sailing john] 14/7/2016 12:32

double post sorry

[sailing john] 14/7/2016 12:32

Another big currency (GBP pairs) swing delivered by the MPC as they hold base rate at 0.5%

GBP/USD up over 2% and GBP/JPY +3.2%

All good for business although strengthening $ a slight negative drag

Thought we might get Q2s today - making us wait!

GL - SJ

[gorilla36] 13/7/2016 08:43

Should be looking for an all time high soon!

[sailing john] 13/7/2016 08:31

Strong open today
Perhaps market recognising that currency volatility appears to be one of the biggest profit drivers for Plus
Just pop up a currency volatility chart and compare to Quarterly customer acquisition and revenue.
I believe that is what lead to the surge of new customers in Q1 15 and I'm expecting a similar effect in Q2 and Q3 this year
SJ

[value king] 12/7/2016 18:20

I bought these last week. With the volume of trading over the referendum period and after I expect them to be doing well.

[sailing john] 12/7/2016 17:06

Another massive currency move today as the £ recovers a little

Most GBP pairs +2% with a massive 4% move for the GBP/JPY pair

Currency volatility still close to 15 year high - All good for business

Edit Silver/Gold still volatile - Silver 3 day range 20.1 - 20.64 Gold 1335 - 1374

GL - SJ

[rubberbullets] 12/7/2016 11:42

Guys

Check out the chart on VCP

[sailing john] 12/7/2016 09:59

Big boys trading again today £1.3m at 723p

Sterling strengthening at the open - good for volatility but slight negative drag on price.

Up 15% since Brexit vote - Q2 KPIs imminent.

GL - SJ

[lydnem] 12/7/2016 09:46

down again.

[gorilla36] 11/7/2016 21:46

Excellent day for PLUS. No doubt it will be passing its high of last year, blue skies ahead.

[fizzypop] 11/7/2016 16:30

724p close up 5.7% and what a day on the markets.

[lydnem] 11/7/2016 15:43

I very much doubt that.

Smacks of desperation.

[tjbird] 11/7/2016 15:17

Must be a statement that it is trading ahead of expectations and when that comes, this will zoom up to £12