Plus500 Share Discussion Threads

[danboris2] 01/12/2016 15:41

Material is if the consensus forecast in the market is going to be impacted by more than 10%, otherwise they would have to make a profit warning.

[danboris2] 01/12/2016 15:30

Unless the directors are lying then today's fall is ridiculously over done. I topped up and will hold for the long term. Strong buy at this price now

[lydnem] 01/12/2016 15:28

I would say material is 20%

[bulltradept] 01/12/2016 14:53

tsmith2, it means I made money out of it today for a change.

[sailing john] 01/12/2016 14:51

And there it is!

sailing john 1 Dec '16 - 13:58 - 10990 of 10995 1 0 Edit
"I assume Plus will compose a statement to calm the market but I doubt there will be enough detail about likely actions to build confidence as they won't want to give too much away."

[tsmith2] 01/12/2016 14:38

What does will not have a material impact actually mean?What's material?Will have an impact..?disguised profits warning?

[andrewbaker] 01/12/2016 14:10

And, yes, I think that the CFD trading that Plus500 is in business to facilitate, is essentially gambling where most punters lose, and presumably stop in time - though perhaps there are those who use it as a hedge and/or are successful traders over time - and that a constant stream of new clients are required as a result. However, bookmakers aren't much different, and they've been going for many years without running out of clients or business. For me, this company will continue to do well, plus there is still a possibility of another takeover bid, which would also add value. I've read the news, know what may happen, and am still comfortable in holding.

[lydnem] 01/12/2016 14:05

I would never base an investment on an institution involvement. They generally cant beat their comparable index. If they got it right all the time then there would be no need for direct equity investment

[andrewbaker] 01/12/2016 14:03

JP Morgan (as market maker and asset manager)had 5,840,000 shares (5.08%) of Plus500 shares on 12th. October 2016 (source: Financial Times.)

On 28th. November 2016, Plus500 made a regulatory report that J.P Morgan Securities plc held 10,343,694 shares (9.00%) in Plus500.

Either they are totally wrong about the worth/value of the company, or the price drop is a result of panic selling by people influenced by the Cyprus news (and unduly so in my humble opinion).

Let's see who's proved right in time ...

[lydnem] 01/12/2016 14:03

The directors are baling and the market of getting new customers is getting squeezed. It doesnt look good

[sailing john] 01/12/2016 13:58

There is no way that a PI can assess the impact of the Cysec move (and that of Belgium and France?)
I guess the point is that regulatory thumb screws are being turned accross Europe and there is no doubt that bonuses play a big part in retail customer acquisition.
I assume Plus will compose a statement to calm the market but I doubt there will be enough detail about likely actions to build confidence as they won't want to give too much away.
At some point it might become an opportunity
GL - SJ

[lydnem] 01/12/2016 13:49

another big drop....is the 90 day period up for the directors to restart selling??

[the monkster] 01/12/2016 13:39

not back to £3 please

[liam1om] 01/12/2016 13:32

hxxp://www.businessinsider.com/r-cyprus-tells-retail-brokers-to-end-bonus-schemes-2016-11?IR=T

[tonysss13] 01/12/2016 13:27

reality biting

[liam1om] 01/12/2016 13:22

Andrew, have you not read the news today? Together with the recent sells and the price break down, this is only going one way.

[andrewbaker] 01/12/2016 13:20

By all the metrics that I know, apart from the recent chart/technical analysis, PLUS is a sound profitable business paying a good covered dividend. If there was anything that wrong then it would be in the public domain. My own feeling is that the sale a while back by the founders and some unloading of shares by bigger holders, has weighed down on the price, and that when this overhang is clear, the price will commence its northwards trajectory again. In the meantime, it is at a Christmas bargain price, IMHO. Disclosure: as before, long and staying so.

Oh, and I got my very welcome dividend recently too; thank you very much.

[its the oxman] 01/12/2016 12:22

Xmas bargain anyone

[lydnem] 01/12/2016 10:53

The model that PLUS emplys is based on bringing a lot of new punters in that lose and then they stop,

Not being able to attract new punters, will hit the bottom line.

[biggcl] 01/12/2016 10:50

how does this affect Plus?

TIA