Plus500 Share Discussion Threads

[johnkettleyistheweatherman] 28/10/2020 22:38

awesome post - think ill do the same to you moron

[nod] 28/10/2020 21:00

The best feature on advfn is Filter. johnkettleyistheweatherman27 Oct '20 - 10:17 - 24439 of 24448 (Filtered) johnkettleyistheweatherman27 Oct '20 - 13:04 - 24441 of 24448 (Filtered) johnkettleyistheweatherman27 Oct '20 - 19:43 - 24442 of 24448 (Filtered) johnkettleyistheweatherman28 Oct '20 - 08:51 - 24444 of 24448 (Filtered) johnkettleyistheweatherman28 Oct '20 - 08:51 - 24444 of 24444 (Filtered) johnkettleyistheweatherman28 Oct '20 - 10:27 - 24446 of 24448 (Filtered)

[energeticbacker] 28/10/2020 16:51

Featured in today's Investor's Champion update – Plus has done nicely from the heightened stock market volatility and has also benefited from a further cash windfall. The 7%+ current dividend yield looks appealing but shareholders shouldn't count on this largesse every year.

[chucko1] 28/10/2020 14:58

This volatility will get bums back on seats. Not sure how the update squares with a rewind to March/April volatility. The becalmed accounts may reactivate but in any event, likely belonged to the low-ballers. Bought a few yesterday - more today.

[jw330] 28/10/2020 13:17

No matter the situation the management should be doing better in terms of communication. They are allowing the press to print these kinds of stories which isn't going to help the situation. hxxps://www.thetimes.co.uk/article/spread-betting-market-is-cooling-warns-plus-500-76fkk2glk

[oi_oi_savaloy] 28/10/2020 11:01

Unless Plus are telling us that things have gone disastrously wrong with their performance against their customers (don't they hedge positions etc) and that things really have gone wrong? Just trying to think why they'd write what they've written.

[johnkettleyistheweatherman] 28/10/2020 08:51

gasp for us piggie

[johnkettleyistheweatherman] 27/10/2020 19:43

get gasping filth I can hear it from here loving it

[markbelluk] 27/10/2020 16:50

Jefferies:- The favourable conditions have so far enabled Plus500 to build up cash of $723 million, about half of which analysts at Jefferies estimate could be available for distribution to shareholders or set aside for acquisitions. The broker said: “We assume a $50 million special dividend this year, although this still implies considerable headroom for further distributions and/or acquisitions.” Liberum, which has a price target of 1,950p, said today’s better-than-expected third-quarter performance also reflected the benefits of the group’s best-in-class trading platform: “Its scalable technology and agile marketing algorithms has enabled it to win significant market share and drive continued improvement in financial returns.” The City firm increased its full-year earnings forecast by another 8% and pointed out that shares were still only trading on 4.8 times 2020 earnings.

[base7] 27/10/2020 16:09

I agree- assuming the majority here are long, why would we want to de stabilise our share price further -although Buys seem to be outweighing sells, despite the mark down. I suspect Rob has a standard response to whinging emails as I received mine shortly after seeking clarification.

[chucko1] 27/10/2020 15:56

Sod the journalists - stick to the facts. PLUS is in great shape and it has always been cheap because of the nonsense IR. But that is why there is so much money to be made - try and ignore the noise. If you cannot, tough, because this is a noisy share. Can we also cut the whining a tad!!

[andrewbaker] 27/10/2020 15:37

The share price fluctuates more like betting odds than a business making money on betting, which is effectively what Plus500 is. If it drops any lower, I'm buying more (and might do anyway).

[handykart] 27/10/2020 15:06

If you did get journalists to run a story, I suspect they would sensationalise it. This is what they do. I suspect they would look at Plus500 past history, and come up with some negative opinion, which will not be good for the share price, and us shareholders.Might be worth bearing this in mind before e.mailing them.

[gabemckeown] 27/10/2020 14:42

Hat: Potentially, although that would appear to contradict the general sentiment of the update (pre-analyst forecast reiteration), and also would contradict the idea of a 'gradual reduction', that was mentioned. Will be interesting nonetheless.

[markbelluk] 27/10/2020 14:08

?Liberum are @ $100m "we assume a relatively conservative income forecasts for 4Q20 of $100m."

[rhatton] 27/10/2020 13:56

hats, which would imply some strong customer performance? Otherwise why would they say it. Liberum are at $116 million in revenue for Q4. They also mention a loss in customer pnl of $40 million

[hatfullofsky] 27/10/2020 13:49

gabe - they are 1/3 of the way through Q4, so maybe they are tracking to $24m EBITDA.

[johnkettleyistheweatherman] 27/10/2020 13:04

gasp for us pig filth

[gabemckeown] 27/10/2020 12:38

@base7: Might be worth emailing a couple of journalists, expressing your frustration at Plus500's update, along with a reference to the other frustrated shareholders on this forum, and LSE's forum. It may cause Plus500 to take notice, if they are contacted by a journalists preparing to run a story, rather than just the shareholder's themselves. Just an idea, but might be worth considering. Thanks for your help thus far.

[gabemckeown] 27/10/2020 12:35

Hatfullofsky: In my opinion, there is a big difference between bragging about exceptional results, and simply providing a more accurate forecast, rather than deliberately using outdated analyst estimates. They need to appreciate that references full year expect, that would ultimately calculate out as Q4 being the worst quarter since 2015, is a fairly dangerous approach to market updates, even if they are simply planning to update the city at a later date. A middle ground between these two extremes, would probably be best.

[base7] 27/10/2020 12:28

Thanks to all of you who have emailed the key personnel for clarification.They have certainly produced a mixed message & if some of us, with our relatively modest holdings ( ie relative to IIs) have sold this morning, or are considering selling , I am sure that our CEO wont want our IIs having the same thoughts.I am sure that our CEO & /or FD have spoken with our larger shareholders & "comforted " them that all is well, knowing that uncertainty could result in larger holders disposing of some or all of their holdings -which would not have been the desired outcome from todays update.

[hatfullofsky] 27/10/2020 12:10

Madness !!!! What PLUS don't need right now is to be shouting from the rooftops "we've done brilliantly, we're going to smash expectations and pay a significant exceptional bonus" during a pandemic where so many are suffering, physically and financially.FFS read into the commentary as you wish and make investment decisions based on the information to hand. Absolutely no point trying to shame a company to change their conservative estimates.