Plus500 Share Discussion Threads

[rhatton] 20/10/2020 17:03

Thanks for posting. I’m assuming some degree of share price hit initially if some brokers haven’t included any hit to the numbers as of yet?

[ponyten] 20/10/2020 15:21

Hatfullofsky, you beat me to it!

[ponyten] 20/10/2020 15:20

Are we going to see a mark up prior to the trading update I wonder?

[hatfullofsky] 20/10/2020 15:19

Nice move today, rise into update ?

[hatfullofsky] 20/10/2020 15:19

Wow, the other board is crazy !

[sailing john] 18/10/2020 15:10

Good to see Odey have similar numbers to PIs here. Not long until Q3!

[rhatton] 18/10/2020 13:14

So they think that £3.2 a share is possible next year? Thank you for posting :)

[simplethesis] 18/10/2020 13:11

From the September 2020 Fund Manager Report for the LF Odey Absolute Return Fund: "Despite the upward move in the stock price, Plus500 still only trades on a 2020 PE of 3-4x and 2021 PE of 4-6x should they fail to acquire anything or win new licenses, which we feel is unlikely. We are ~30% ahead of consensus EPS for 2020 and ~100% ahead for 2021." Consensus EPS for 2021 is 204c (Peel Hunt 185, Jefferies 206, Liberum 191, Canaccord 235), or 160p.

[rhatton] 18/10/2020 12:44

Is there a link to his forecasts?

[simplethesis] 17/10/2020 23:38

Am surprised that no-one fancies a public attempt to deconstruct Mr Hanbury’s earnings forecasts for 2021....

[sailing john] 17/10/2020 11:03

Sophia. Risk management is covered in PLUS's annual report.

[sophia1982] 16/10/2020 12:36

That is a nice write up of PLUS by James Hanbury (if it has not previously published). hxxps://www.marketfolly.com/2019/12/james-hanbury-odey-long-plus500-sohn.html An interesting comment is the following: "Instead they limit customers’ position sizes. They are very happy to have whale traders, but they don’t like single whale trades. Their profile of winning/ losing days is extremely impressive: 85% of days are winning days. They do have big losing days. The biggest one came on a day in the Crypto craze in Oct 2017 where they lost £3.5m. Hanbury’s view is that is easily coverable by the £200m cash on the balance sheet. When there are high levels of downside volatility, Plus500 tends to make back money that it has lost quickly because volatility stimulates activity elsewhere". I would like to know more about PLUS' risk and how they cover it. Perhaps it has already been dealt with in previous posts, I am quite new to the company. But if anyone can shed more light onto this, that would be helpful.

[djokovic1] 15/10/2020 22:11

Yes good for him, but would like to point out since inception his performance is below MSCI World...

[chucko1] 15/10/2020 17:47

FWIW - as we all know, James Hanbury is a key fan of PLUS and has held it (and traded it) through thick and thin. Another stock he has held though even thicker and thinner is AO/. Two is a small sample size, I know, but take a look at AO/ from IPO to today. Talk about research and deep conviction!

[simplethesis] 15/10/2020 16:53

Dear Sir or Madam If you give yourself that monicker... https://otp.tools.investis.com/clients/uk/plus500/rns/regulatory-story.aspx?cid=1399&newsid=1416759 Yes.

[intelligentinvestor1] 15/10/2020 16:39

Is Q3 results on Tuesday 27th october ?

[rhatton] 14/10/2020 18:10

Marshall Reducing further reported yesterday

[traderkrk] 07/10/2020 21:26

XTB just introduced zero commission share and ETF trading. Reason of course is to get cross selling to main revenue drivers like CFDs. Curious to see how Plus etc will react. youtu.be/g4NDdMb4_EM