Cmc Markets Share Discussion Threads

[peddlers] 05/11/2020 10:20

I suspect CMCX will push through 400 before December is out and beyond that into the new year.

[peddlers] 05/11/2020 10:13

I wouldn't trust the ADVFN buying and selling guide.
In any case, I put a buy order on stock spirits on Monday and the order was filled and it came up as a sell.
When you think about out it was both

Ped

[gbh2] 04/11/2020 18:15

They are when you consider there appears to be far more selling than buying even when taking the vagaries of advfn reporting into account.

[peddlers] 04/11/2020 13:10

Rising again nicely.
The volatility index down.
Markets are funny aren't they.

[peddlers] 03/11/2020 23:41

Sorry I got you.
I must admit I flagged the liquidity before I purchased.
Doing well.
Could be an upgrade coming

[gbh2] 03/11/2020 18:31

I didn't say anything about the Value, the shares are virtually illiquid due to the abysmal investment interest, despite the increase in share value.

[peddlers] 03/11/2020 16:01

Why would you say abysmal?

It has tripled its value in the past 12 months.
I would call that spectacular

Ped

[gbh2] 03/11/2020 09:10

I'll hang on to the remainder of my holding until the update even though investment interest in cmcx appears to be abysmal.

[peddlers] 03/11/2020 08:24

Apologies, I was referring to GVC.
I will need to have a look at PLUS to see why it may be suffering

[mighunter] 02/11/2020 17:53

Peddlers, last time I checked, PLUS has net cash of c.£560m on a market cap of £1.54bn. This therefore means an approximate EV/EBITDA of approaching 2x. You sure you got the right company...?

[peddlers] 02/11/2020 17:30

Those stocks have suffered for a number of reasons, such as massive amounts of debt, being well over priced. Not to mention the poor profitability. CMCX is an utterly outstanding business next to them.

[gbh2] 02/11/2020 16:21

I've reduced, just in case it suffers like PLUS & GVC.

[peddlers] 02/11/2020 11:20

Chart looking good

[mighunter] 28/10/2020 16:07

For sake of comparison and read across to CMC (I hold both).... So at end of Q3, PLUS are $50m short on Revenue and $25m short on EBITDA to hit full year consensus. Their average MONTHLY run YTD is $87m Rev and $55m EBITDA. Assuming a gradual reduction as advised when compared to Q2/Q3, Q4 would have to be cataclysmically bad to only meet consensus. FWIW, Liberum for one have consistently lowballed estimates - PLUS have already exceeded their Estimates several times. Conservative to a fault methinks...

[jamessmith23] 28/10/2020 13:30

CMC did get around 85% of their revenue last year from CFDs, with the remainder from their stock broking.That would suggest to me that if CFDs take a hit, then CMC will feel it too unfortunately. I've taken this from the revenue figures in the final results released a few months ago.Overall market volatility is helpful, as we're seeing at the mo, but don't think CMC is protected from the lower levels of trading PLUS are experiencing, even if PLUS are more than 85% CFD so hit very slightly more.

[peddlers] 28/10/2020 13:27

I'm don't like plus 500.
I wouldn't buy it

[gbh2] 28/10/2020 11:53

I'm not into PLUS they are more into CFDs if I understand their reporting.

[imastu pidgitaswell] 28/10/2020 10:47

One of the biggest London-listed financial betting firms warned yesterday that the boom in its trading over the summer had started to cool.

Shares in Plus500 fell by more than 8 per cent after it said that growth in the three months to the end of September had fallen from the record levels recorded in the previous quarter.

Revenue at Plus500, which enables amateur traders to bet on movements in financial markets, almost doubled to $216.4 million compared with the same period a year earlier.

Although analysts at Jefferies called it a “blowout” quarter, Plus500 warned that there had been a gradual reduction in trading activity from peak levels. It expects its full-year results to be in line with consensus estimates of $829 million in revenue and $520.5 million of underlying profit.



Mmm, as on here a little while ago, the rate of growth is slowing. No bad thing, and no reason why raised levels of activity should not continue, but the growth rate could not continue.

[peddlers] 28/10/2020 09:28

There are not many stocks in the blue today.

[peddlers] 28/10/2020 09:17

well done.
I was tempted to add but managed to resist

[peddlers] 27/10/2020 19:38

I also added at 320.
Good solid business.
Wide stop to counter any volatility

[gbh2] 27/10/2020 17:07

I managed a few just under 321p, too keen to part with my cash ;)

[dancing piranha] 27/10/2020 17:04

I take it the PLUS share price action today has flushed out the weak holders here! They'll be back.....

[bamboo2] 27/10/2020 16:04

Bought a few just below 320 as it entered support zone.
There is a likely turn on my chart spanning 27-28/10/2020

[johndoe23] 27/10/2020 13:35

Results in two weeks, hoping for a tick up in buying later this week in to next, and a nice tick up in sp!!