Cmc Markets Share Discussion Threads

[lennonsalive] 03/3/2022 13:01

Share buy backs are a pointless waste of money

[grahamg8] 02/3/2022 17:08

PE this morning 3.71x versus PLUS 6.06x. OK PLUS has a bigger cash pot but that's a big gap to close. Even at 5x we would have a share price of 323p, still way below last Summer. More chance of up than risk of down. Not too many shares will do well during a war, this could be one.

[coxsmn] 02/3/2022 16:44

Buyback could give a 4% increase in eps.

[undervaluedassets] 02/3/2022 10:01

chaos creates trading opps

[pyemckay] 01/3/2022 17:03

yes, I agree. I imagine there could be a small earnings upgrade if things remain volatile.

Also the new investment platform is being prepared for H1. Might provide a further uplift or someone could make a bid. Seems cheap with plenty free cash on the books

[undervaluedassets] 01/3/2022 14:11

Going to be doing better out of all this turmoil.

Spread better's paradise this market

[aleman] 24/2/2022 08:22

VIX at 36 and rising now looks to be trending towards its highest levels since the peak of Covid in March and April 2020? As oil hits over $103.

[brucie5] 22/2/2022 20:09

Already hold lgen. But thanks.

[rcturner2] 22/2/2022 14:25

Brucie, a good option that I hold is LGEN.

[doobz] 21/2/2022 18:04

Potentially i'll be getting stopped out of another Spread company this week, and also Eyeing up IGG to move into if that happens. I do however hold cmcx as well, they should be doing well in these conditions
GLA

[brucie5] 21/2/2022 16:19

Thanks - I have decided to buy some IGG. The Stocko metrics seem to good to ignore, given the >6% yield. Took a bit of profit off BP and VOD to make the purchase, the latter having done well of late, which somewhat reduces the dividend attraction. Also, unsure what the BP risk is likely to be c/o Rosneft. IGG seems like a port in a storm, though all may be swept in the gale.

[rcturner2] 21/2/2022 15:53

IGG is by far the better business of the two. CMCX seems a lot more risky, but of course that does mean that you will get a better reward if things go well.

The main thing I don't like about the spread betters is that their entire business modeal relies on them churning customers. They have to get new customers to survive as so many people open an account, lose money and then close their account.

[brucie5] 21/2/2022 15:12

RCT, and others here: which do you prefer, please: CMCX or IGG? Considering both, though IGG appears to have the better dividend on Stocko (6.22%, fwiw; contrast to CMCX 5.39%) and passes six screens, to CMCX's two. On the other hand CMCX has fallen much further and seems like it may have found some good support over £2.00 level at just over 50% of its 2021 peak. Obviously, a huge difference in size too.

Comments welcome!

[rcturner2] 21/2/2022 13:47

Obsession with VIX seems to lose money.

[aleman] 21/2/2022 11:47

VIX remains elevated. Q1 volatility looks to be headed to the highest since Q3 2020 yet you would have no idea from looking at the ailing share price. This recenty higher volatility is probably not accounted for in forecasts from 6 brokers which have an average target price of 371p. Cash is predicted to be 25% of the current market cap in the coming results and both earnings and dividend are predicted to increase from here. This is looking oversold if forecasts are anything like and they do not seem to account for more volatility in recent weeks.

And the market seems to have forgotten about the investigation into splitting the leveaged and non-leveraged sides of the business which some analysts seemed to think could release significant value.

[aleman] 14/2/2022 10:06

VIX over 31. In the last month, it's averaged about 26, which is probably highest since around October 2020. It's also been wet weather and fairly grey of late, meaning traders are more likely to be at their desks.

[undervaluedassets] 11/2/2022 14:14

Sounds like it ..

[aleman] 11/2/2022 07:56

Sounds like prospective and historic.

[brucie5] 10/2/2022 20:08

A bit confused: Stocko says divi of 5.21%, while the Financials on advfn give 13.61%...
Any guidance on this disparity?

[aleman] 10/2/2022 16:28

Well worth buying at this level. If interest rates keep rising, something financial will go boom when it's excessively speculative trading comes to light. The UK yield curve inverted a couple of days ago from 2 to 50 years. The B of E needs to start talking down expectation of multiple rate rises.

[undervaluedassets] 10/2/2022 16:19

Well the market clearly thinks that we are going to make the same profits as in 2016 (or even less) as this is where the share price is ... back at 2016 prices (in fact 20% below the 2016 price)

Those that start buying here or lower (it could go lower obv) should be well rewarded as the market is making a mistake and CMC will make much more money than in 2016. End of.

[rcturner2] 08/2/2022 17:25

Still on its way down here. I wonder if this will break 200p?

[dros1] 08/2/2022 17:23

general weakness in the sector IGG falling after record results

[isis] 07/2/2022 11:59

Bought a few - see what happens. ;)

[isis] 04/2/2022 15:51

My biggest worries at the moment is the massive bubbles out there especially in the US. So I'm looking for Dividend payers that can possibly rise 50-100% overtime and ride out any Storm.