Cmc Markets Share Discussion Threads

[masurenguy] 16/3/2017 08:47

Topped up this morning.

[mister md] 09/3/2017 09:23

indeed, I added some yesterday - quiet here

[dealy] 09/3/2017 06:56

excellent news. This is an e-commerce company with substantial leverage (can add revenues without adding costs). Valued like a bricks and mortar company

[pj0077] 08/3/2017 08:15

The revenue uplift of A$25m should replace any revenue lost as a consequence of the FCA Review.

[mister md] 08/3/2017 08:08

nice RNS this morning

[pj0077] 06/3/2017 09:31

The FCA consultation period ends tomorrow.New rules due 'Spring 2017' ie May-June

[mister md] 03/3/2017 15:34

very very slowly but perhaps recovery in full swing now

[declan2] 04/1/2017 12:37

moving up nicely

[richie666] 18/12/2016 17:11

PJ i also believe Cruddas is likely doing the sums re a buy back. He is NO fool.Would guess 140-150p in such an event

[pj0077] 18/12/2016 16:09

Interesting article richie666, thanksWe can speculate endlessly that CMCX is a bid target, but even if it is the gate-keeper remains the 55% shareholder, Peter Cruddas.He was happy to float a minority stake at 240p earlier this year, but is he now happy to sell a controlling stake at a big discount to 240p?And if the answer is 'yes' at (say) 200p then it would be out of the reach of all of the companies mentioned (GAIN, US, Spreadex).For the record I think the valuation of CMCX is exceptionally pessimistic, and made the following assessment on Stockopedia four days ago:"There's definite value emerging in this sub-sector.I was working through the CMC Markets (LON:CMCX) numbers this afternoon on the back of an envelope.For y/e March 2016, the company had current assets of £205m & total liabilities of £55m i.e. net current assets of £150m.Subtracting this number from the market cap of £273m gives an adjusted market cap of £123m.This compares with a net profit of £42.5m i.e a historic p/e of 2.9xSure, the regulatory climate may be more hostile in the future compared to the past, but a degree of pessimism appears to be embedded in the share price.Who knows maybe Peter Cruddas, the majority shareholder, may take the company private again, 10 months after IPOing it at 240p/share"

[pj0077] 16/12/2016 12:05

CMCX hardly a viable target.. the CEO owns the majority of the shares (& IPO'd the rest at 240p earlier this year)

[sportbilly1976] 16/12/2016 11:15

10% up...imo CMCX is a target more than IGG

[declan2] 16/12/2016 11:06

it's on the move

[investment dave] 14/12/2016 15:43

They may well snap cmc up as well and it won't be below £2

[slipperysidewinder] 14/12/2016 15:41

Playtech bidding for IG rumour. IG share price taking off.

Talk of a Playtech bid and it makes sense considering their recent aquisituon of CFH.

CFH gives Playtech access to the market at better rates thereby offsetting some of the hit IG will have from new regs.

If its true everyones a winner!

A masterstroke.

[investment dave] 14/12/2016 14:39

Wants to break up big time

[investment dave] 14/12/2016 14:00

This looks like it's going to fly

[pyemckay] 09/12/2016 20:55

coz there is plenty waiting to sell

[staylow1] 09/12/2016 16:49

800k buys to 200k sells and the prices has gone lower. How is that?

[sportbilly1976] 09/12/2016 14:56

Alchemy - hey?

looks to me as if GS went from 4.999% to 5.03?

[alchemy30] 09/12/2016 10:29

GS completely out, look @ volumes they've put big downward pressure on s.p.

Taken a small long to see if there is now some recovery. Will cut tightly though.

[staylow1] 08/12/2016 22:35

Numis have a recent sell on this and a recent buy on IG. At the same time, on the same news.