03/09/2015 11:49:21 Cookie Policy Free Membership Login

Plus500 Share Price - PLUS

Share Name Share Symbol Market Type Share ISIN Share Description
Plus500 LSE:PLUS London Ordinary Share IL0011284465 ORD ILS0.01 (DI)
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.75 +0.46% 384.75 384.25 384.75 384.75 382.00 383.75 66,067 11:21:39
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) RN NRN
Software & Computer Services 0.0 88.7 57.1 6.6 442.03

Plus500 News, Charts, Forums & Trades

More Plus500 News
Plus500 Takeover Rumours

Plus500 Share Charts

1 Year Plus500 Chart

1 Year Plus500 Chart

1 Month Plus500 Chart

1 Month Plus500 Chart

Intraday Plus500 Chart

Intraday Plus500 Chart

Plus500 Discussions and Chat

Plus500 Forums and Chat

Date Time Title Posts
19/8/201515:15PLUS500 - CFD trading systems10,059
06/7/201520:58PLUS Markets (a subsidiary of ICAP plc)14
14/2/201207:01IN SOLVE -CLEAN SHELL ,HEAVYWEIGHT BACKING1
13/1/201216:32Plus TRADES thread.8
12/12/201012:04Finding trades on PLUS new website3

Add a New Thread

Plus500 Top Chat Posts

DateSubject
01/6/2015
11:28
dasv: markets live just now 11:09AM Plus500 Ltd (PLUS:LSE): Last: 376.25, up 6.25 (+1.69%), High: 403.00, Low: 370.25, Volume: 6.87m BE Quite a turn of events, this. PM Indeed PM Left field bid news here Real time stream connected. New messages will appear here the moment they are published. BE And let's be clear here. It's a shotgun engagement. PM You term this an engagement, rather than a marriage... PM That feels significant BE Well, yes. I think we're a long way away from talking about this deal as if it's completed. BE Basically, it's a shotgun engagement before she's even had the chance to pee on the pregnancy test. PM Bryce! BE Sorry. You're reading the FT, to remind ...... BE So there are a few important things to note .......... BE Firstly, the MAC BE We don't know what it is. But we know there is one. BE The Material Adverse Change clause. BE Conference call was vague to the point of obfuscatory, but we did get this .... BE The "general concept is if business material declines from what was presented to us, this clause will take effect” BE Which in the context of a business that's just lost half its business, feels significant. BE We'll be told about the specific MAC scenarios later, apparently, though no indication when. BE In the meantime, Plus saying it'll be one month until the ID checks are done BE And this deal won't be completed until, perhaps, September BE (With no UK takeover code applying, please remember, so timelines are even fudgier than usual) BE Secondly ....... PM One of the conditions is that it's done by eyar end, mind BE True. BE Secondly ..... BE We learned via the conference call that Playtech approached Plus500, and that “discussions began over a week ago” BE I assume "over a week" means about eight days ago. PM hehehe PM Maybe 9 BE That's not a lot of DD, really. BE So we have a deal on the table for September that can be called off on as-yet undefined terms. BE It seems to me that either Plus500 will be worth a lot more than 400p by September, or a lot less. BE So, yeah, it's an engagement. An engagement before they both head down to Superdrug to find out the specifics of their predicament. BE Thirdly ...... BE We have acceptance from the Plus500 crew ...... BE ... who have 35.6% BE But not, notably, from Odey. PM Interesting, taht BE Yup. No mention in the statement, and one would assume as largest shareholder Odey would be wall-crossed over the weekend. BE Read a lot of arb stuff this morning saying Odey's in sub 300p so will be happy. BE Personally, I'm not so sure. BE Odey funds had 3.97% of Plus at float BE Went up to 13% during July 2014 at around the 440p level. BE Then up to 20% by buying in May BE Given the volatility we can only stab at the prices there, but using closing levels Odey looks to have been buying at prices around 478p, 376p, 322p and all the way down to 285p. BE Back of the envelope, I reckon Odey's average in price will be about 400p. PM hehe PM So currently 6% out of the money PM And there I was thinking the Odey buying was rather clairvoyant... BE If Odey (or Odey's deputies, as we've mentioned before) is confident of the business I can't understand why the fund would tender at breakeven. PM Hmm -- but the statement from Plus pretty much admits that they aren't up to managing the business they have created. certainly not on the publicly-listed stage PM I suspect -- barring a MAC event -- that Odey have no option PM But to accept PM But we'll see PM Meanwhile, it's fair to early to say whether Playtech becomes Dan McC's new plaything BE Yup -- what's interesting here is that it's capitulation from the Plus500 management. Hard to see a holder voting to basically force management to continue running a business they don't want to. BE Though if Odey was averaging down through May volatility for a rescue bid then I guess that would've been extremely .... clairvoyant. BE Have some sellside. Here's UBS. BE Playtech today announced the proposed acquisition of Plus500 for 400p per share, an 8% premium to Friday's close which itself was less than half the 12 month high of 781p seen before the news on 18 May that the "UK Financial Conduct Authority required a review of Plus500's anti-money laundering financial sanction systems… prohibiting all transactions for existing customers until additional AML procedures have been completed" (source: Playtech's press release today). This significantly impacted Plus500's share price and the business, with its management today indicating revenues are expected to be below 2014's levels "with margins expected to be significantly lower" as, according to the company's release today, "recent events and associated publicity have meant that Plus500 has become the subject of increased scrutiny and has received additional requests for information from its regulators". BE In 2014, Plus500's revenues were $229m/£139m, EBITDA $145m/£88m and EPS 89c/54p. At its recent AGM on 27 May, Plus500 revealed Q1 sales of $82m and that through the end of May it had added a further $26m, putting year-to-date revenues ahead of H1 14's level, but since the FCA inquiry c$4m of revenues had been lost. It said at the AGM it expected it would take another month to re-approve existing customers' documentation and modify the process for onboarding new customers. It had $92m of cash at the AGM date, meaning the acquisition price represents a c£400m EV, or 4.5x trailing EBITDA, although this year's profits should be much lower. BE Given Plus500 only announced the regulatory issues two weeks ago, it seems to us that the deal has been concluded in seemingly record time. We believe Playtech's management will likely feel that its own experience of operating a multi-jurisdictional regulated business will allow it to resolve Plus500's regulatory issues as fast as possible. However, investors are likely to be nervous, especially given the pace at which the deal has been concluded and given that Plus500's management appears willing to take a price almost half of where the shares were a month ago. BE Nothing from Liberum yet, sadly. BE Here's Daniel Stewart instead. BE Plus500 today announced that they have reached an agreement with Playtech regarding the terms of a recommended cash acquisition through which the entire issued ordinary share capital of Plus500 will be acquired by Playtech. The recent suspension of Plus500 shares and freezing of customer accounts whilst anti-money laundering procedures were tightened was enough to question the sustainability of the Plus500 business model. Playtech’s expertise in operating in multi-jurisdictional regulated markets will go some way towards alleviating such fears. Furthermore, we believe the acquisition makes strategic sense for Playtech, which recently acquired TradeFX, an online CFD, binary options broker and trading platform provider, and enhances its offering within the online trading market. The offer of 400p per share, represents a c.8% premium to Friday’s closing share price of 370p, valuing Plus500 at £459.6m. The acquisition is expected to be immediately earnings enhancing, with completion set for September 2015. BE Which says nearly nothing, as per.
15/4/2015
08:43
dasv: BTW excellent performance in PLUS share price from Oct mini crash. more than 60% up and even now only trades on a PE 11. Can't help thinking the market doesn't trust PLUS though considering this valuation. Growth companies which are really trusted command much higher PE's. E.g. ABC, RMV let alone Allied Minds or ASC. -- undervaluedassets - IG has been trying to target a different class of customer. PLUS is going for the novices. IG seems to have been going for those with experience. BTW re: current markets, in China there's been a huge wave of new share dealing account sign-ups as property as an investment asset class has been heavily restricted. I think it's not much of a stretch that as markets rise further from here, more newcomers will start betting on the markets. It's once the markets have made new highs that newbies start thinking they can also win. So from that point of view, PLUS may find it easier, not harder to acquire new customers. -- it's so much more pleasant having SSW on filter. Suddenly the PLUS thread is a relatively civilised place again.
15/7/2014
10:35
opodio: PLUS500 Ltd 2Q14 revenue and PBT ahead of expectations Target price 750p | Published price 458p PLUS has issued a short trading statement for 2Q14 indicating that both revenues and PBT are ahead of expectations. Since 10th April, the PLUS share price is down 35%, a significant over reaction to currently subdued market conditions in our view. PLUS currently trades on a 2014e PEx of just 10.6x vs. IG Group on 14.3x despite demonstrating consistently faster growth, driven by its focused online marketing strategy, continuous product innovation and market leading efficiency. Revenues and PBT ahead of expectations Despite a low volatility environment, PLUS 2Q14 revenues were ahead of market expectations of $39m. In addition 2Q14 PBT was ahead of expectations of $23m. This was achieved in part by ARPU continuing to increase from the $1,204 level seen in 1Q14. Online User Acquisition improving The EBITDA margin remained 'strong' in 2Q14 relative to the 73% level seen in 1Q14: driven by improvements in the 'efficency and effectiveness' of online marketing. We believe that avg User Acquisition Costs remained low in 2Q14 vs. the $576 seen in 1Q14. Our forecast EBITDA of 60.2% for 2Q14 is likely too conservative. Now 20% cheaper. Nice to see broker 750p target
18/5/2015
15:45
slopsjon2: 18 May 2015 Plus500 Ltd. ("Plus500" or "the Company") Statement regarding recent speculation Plus500, a leading online service provider for retail customers to trade CFDs internationally, notes the recent fall in its share price and the market speculation that it has not paid its recent dividend. Plus500 can confirm that it paid its final and special dividend of $65 million in full on Friday 15 May as previously notified to the market. Plus500 currently has in excess of $88 million in cash reserves (excluding that held in client segregated accounts). In addition, shareholders should note that Plus500's UK subsidiary, Plus500UK Limited ("Plus500UK"), has in recent weeks been implementing certain enhanced client on boarding and Anti-Money Laundering (AML) processes which have resulted in additional documentation checks being required on existing and new Plus500UK customer accounts. This has led to an increased volume of documentation being reviewed by our client onboarding team, and some Plus500UK customers are currently experiencing delays in receiving the necessary approval to open new accounts, and new trades on their existing accounts and / or withdraw monies. Only the Plus500UK regulated business is impacted, and the Company will continue to offer its services to new and existing customers through its other regulated subsidiaries in Cyprus and Australia. Currently c.50% of Plus500's revenue is derived from Plus500UK, and c.45% of Plus500UK's customers have passed Plus500's electronic verification process and are therefore allowed to trade. Those customers who are impacted are not able to open new positions until they are approved by the client on boarding team, however they are still able to freely close out open positions and to service these existing positions with additional Margin. As usual, under AML regulations, existing customers (whether electronically verified or not) are unable to make withdrawals from their accounts until they have provided Plus500UK with fully compliant AML documents. All Plus500 customer funds are held within segregated client accounts, held with major financial institutions, until further withdrawals are permitted. Plus500UK has notified and is in close dialogue with the FCA in respect of these changes to its AML processes.
09/9/2014
11:22
mark2market: It's fascinating isn't it? All this volatility in the PLUS share price. Why don't they offer a CFD on their own share? Their equity CFD offering is rather patchy, and the spreads unlikely to attract the discerning. Obviously with Bitcoin it's more smoke and mirrors regarding the pricing, and student Bitcoin traders weren't too discerning.
22/5/2015
12:24
brahmsnliszt: Plus500 Shares Suspended as Short Sellers Circle Platform (1)2015-05-22 11:22:14.91 GMT(Updates with Odey stake in fifth paragraph.)By Richard Partington and Will Wainewright(Bloomberg) -- Plus500 Ltd. plunged as much as 41 percentin London before trading was suspended after a U.S. hedge fundsaid it was shorting the trading platform.The shares declined 24 percent to 292.25 pence on Friday.Cable Car Capital, run by former Amici Capital analyst Jacob Ma-Weaver, said on its website it's shorting the stock with a pricetarget of 76 pence. The share price is at the lowest since thefirm started trading in July 2013.Plus500 shares extended declines this week, bringing theannual drop to about 52 percent, after the Israeli firmrestricted some customers from using their accounts as part of areview to comply with British anti-money-laundering rules. Thecompany, which provides online trading for retail customers,said only the U.K. regulated business was affected and itsCyprus and Australia units would continue to offer services.Investors Valiant Capital Management and Ennismore FundManagement have also taken short positions, filings show. Shortsellers seek to profit on declining markets by selling borrowedshares or bonds, anticipating their price will fall, thenreplacing them with securities bought at a lower price.Odey Asset Management is the second-largest shareholder inPlus500 behind co-founder Alon Gonen. The London-based hedgefund run by Crispin Odey owns about 15.7 percent afterincreasing its position earlier this week, according to datacompiled by Bloomberg.Customer ReviewA spokeswoman for Odey in London declined to comment. Thefirm manages $13.2 billion, according to its website.In a note on its website labeled "urgent," Plus500 saidit has been forced to impose trading restrictions on tradingaccounts of its British subsidiary until it has been able to"undertake a complete review" of customers. So far, about 45percent of clients have passed an electronic verificationprocess, according to a statement on Monday.Gotham City Research, run by New York short seller DanielYu, said on Wednesday it's "wary" of the company, predictingthe shares will decline further. Gotham posted a link to CableCar Capital's website on Twitter on Friday and said "it seemswe are not alone in observing Plus500 accountingirregularities."A spokesman for Plus500 in London declined to comment. Thecompany plans to put out a statement.For Related News and Information:Top Stories: TOP Top Finance Stories: FTOP Gotham City Says Plus500 Will Fall as Short Sellers Place BetsPlus500 Shares Drop After Firm Imposes Trading RestrictionsTo contact the reporters on this story:Richard Partington in London at +44-20-3525-3514 orrpartington@bloomberg.net;Will Wainewright in London at +44-20-3525-9007 orwwainewright@bloomberg.netTo contact the editors responsible for this story:Simone Meier at +44-20-3525-7738 orsmeier@bloomberg.netKeith CampbellLooks serious to me.76p here we come suckers.
02/6/2015
09:26
dlku: Odey Asset Management hikes stake in Plus500 to 21.33% By Maria Nikolova on Monday, 06.01.15 The wealth manager increased its stake in Plus500 on May 29, 2015, that is, before the news of the acquisition of the broker by Playtech. odeyplus500 Odey Asset Management has kept building its stake in Plus500 Ltd (LON:PLUS), with the latest transaction in broker’s securities taking place on Friday last week. As of May 29, 2015, the wealth manager held a 21.33% stake in the retail Forex and CFD broker. The most recent increase in the stake happened via a purchase of 568,199 CFDs, which took Odey’s holding in Plus500 to 1,974,159 contracts for difference and 22,535,238 shares. Across Odey’s subsidiaries, the securities are distributed in the following manner: CF Odey Absolute Return Fund -15.63%; Odey Allegra Developed Markets Fund – 3.93%; All other funds – less than 3%. The filing with the London Stock Exchange shows that the transaction took place last week, that is, when there was no announcement yet on the deal between Teddy Sagi’s Playtech PLC (LON:PTEC) and Plus500. The news about the agreement was reported this morning – Playtech will acquire all of the issued share capital of Plus500 in a deal worth about £459.6 million. Playtech will pay Plus500 shareholders 400p per share. This is way above the current share price of the broker. At the moment of publication of this article, one share in Plus500 trades for 374p. nice!
02/6/2015
09:20
dlku: Odey Asset Management hikes stake in Plus500 to 21.33% By Maria Nikolova on Monday, 06.01.15 The wealth manager increased its stake in Plus500 on May 29, 2015, that is, before the news of the acquisition of the broker by Playtech. odeyplus500 Odey Asset Management has kept building its stake in Plus500 Ltd (LON:PLUS), with the latest transaction in broker’s securities taking place on Friday last week. As of May 29, 2015, the wealth manager held a 21.33% stake in the retail Forex and CFD broker. The most recent increase in the stake happened via a purchase of 568,199 CFDs, which took Odey’s holding in Plus500 to 1,974,159 contracts for difference and 22,535,238 shares. Across Odey’s subsidiaries, the securities are distributed in the following manner: CF Odey Absolute Return Fund -15.63%; Odey Allegra Developed Markets Fund – 3.93%; All other funds – less than 3%. The filing with the London Stock Exchange shows that the transaction took place last week, that is, when there was no announcement yet on the deal between Teddy Sagi’s Playtech PLC (LON:PTEC) and Plus500. The news about the agreement was reported this morning – Playtech will acquire all of the issued share capital of Plus500 in a deal worth about £459.6 million. Playtech will pay Plus500 shareholders 400p per share. This is way above the current share price of the broker. At the moment of publication of this article, one share in Plus500 trades for 374p.
06/5/2015
08:20
undervaluedassets: Not sure about a short attack. There is no volume. Looks like noise to me. The market has a short position yes - but I suspect no jump in shorting - results and outlook statement have been just too strong from PLUS and also the volumes are just too light ( This ain't Sainsbury which has all kinds of problems in it's markets and is the most shorted stock on the FTSE 100! ) Shares go up and down meaninglessly all the time and if you are an investor this is just noise and you should ignore it (except in as much as it affords you the opportunity to buy more stock at cheaper prices). Most moves in shareprices are just noise. The only moves that make sense are those that respond to results (eps/divis/turnover/profits) over the very long term. Good (and bad) numbers from companies produce good/bad average share prices in those companies and create big moves (over the long term!) - see Next Apple Whitbread etc etc long term charts. These are great companies that have had great numbers. . . however it still does not mean that those companies' share prices do not gyrate quite randomly (and wildly) over shorter periods - they do. The performance of the underlying company is where it is at. Plus is still catching up with it's own great numbers in my view. The share price will ultimately follow the performance of the underlying company. But while getting there the day to day shareprice will gyrate meaninglessly. So short term gyrations are just that - short term gyrations. I only have access to short numbers via Euroclear.com and the total average short numbers for April are not out yet. . I will update this board when I have them.
08/8/2014
11:33
smudgeroo: Well, chart played out exactly as expected as outlined in my last post. Now do we see a final flush out of week longs to approximately 440p prior to next weeks H1 results or will we bust straight through the descending trend line. I've put an order in to add to my holding at 450p in case of a quick tree shake. Updated chart: Original post from 17th July: Morning all, I am a new investor here in PLUS but I have to say fair play to volsung. He/she is calling it as they see it against the majority and that takes guts. You also respond to everyone on this board in a pleasant manner, something which a lot of bulletin board folk who have short positions on other stocks seem unable to achieve. For what it's worth I happen to agree with you that price is currently down trending but this is just a short term view. Longer term the investor (which I class myself as in this case) should come out on top. From a charting perspective there is still the possibility we will see 335p/share which will fill the gap up from February earlier this year. Look at the volume bar and corresponding candle highlighted by the blue arrows in the chart below. This is where the sellers really hammered the share price two days ago and the top of this candle marks the line in the sand for the bears. For those long (like myself) it's no coincidence the share price found resistance yesterday and earlier this morning at the top of the candle at approximately 440p/share. The bears need to defend this level and so far they have managed to do so. If the share price were to close above 440p/share we may find some of those bears (who will then be nursing a loss) close out their shorts setting up a potential short squeeze. Nothing is guaranteed of course but the clues are there. Currently, for the short term at least, the share price is trending downwards with an potential price objective of 335p/share. For those long, the first objective is for the share price to close above 440p/share. Close above this and there is likely to be a swift move up to the next resistance level at 490-500p/share. The final obstacle to overcome is the overhead down trend line. Clear this and things start to look very good indeed.

Plus500 Most Recent Trade

Trade Type Trade Size Trade Price Trade Date Trade Time Currency
AT 590 384.75 03 Sep 2015 11:21:39 GBX


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 150903 10:49