Fwiw results per trading statement is the 19th August |
And hopefully a dividend update |
Interesting that we achieved a new high on Friday ahead of Results next Friday.
We know the results from the trading update but lets hope FY25 has started well,(hopefully benefiting from recent volatility), the US continues to gain traction& our share price continues to improve |
Yes - HL. Yesterday. |
Anyone got the divi yet? |
The interest on that billion dollars should be quite significant too |
Happy with update ,although would have preferred some comment on our US presence.
$1bill + after substantial buy backs & about to pay the final & special dividends keeps us in a very strong position.Great that we arent using some of our cash to pay premium prices for rubbish companies & we will hopefully make the occasional bolt on acquisition,while continuing to reduce our issued share capital & thereby increase our EPS & our respective stakes on Plus. |
$1bn net cash is still growing nicely |
Trading update today....
The Group remains well positioned to continue executing against its strategic roadmap, enabled by its market-leading proprietary technology and intuitive trading platforms, that deliver an exceptional service for the Group's customers globally, and supported by its strong financial position. Therefore, the Board of Directors of Plus500 remains confident in the outlook for 2024 and beyond and anticipates that Plus500's revenue and EBITDA for the current financial year will be in-line with current market expectations[4].
Plus500 will publish its H1 2024 results for the six months ended 30 June 2024 on 19 August 2024. |
We have bought back 35% of our issued share resulting in those investors retaining their holdings have almost 50% more shares, as a % of the issued share capital.We have also 20 bagged since ipo ,as well as paying a reasonable dividend.Lets hope that FY24 remains on track & our US division continues to gain traction..
I wish all my shares had performed as poorly as Plus, my only regret not being greedier! |
For those moaning about buyback, this is another company where buyback has been greatly beneficial to investors, especially with the handicaps of withholding tax on ordinary dividends. |
Have I missed any news?Why the jump, other than I still think this is worth £28.00 |
What a lively thread for one of the best performing stocks in UK this year! |
Has anyone compared Plus to CMC markets?
Plus is much much cheaper, but which business model is stronger and less volatile?
Thank you |
@12string Volatility has come down quite a bit and this biz usually profits from volatility spikes. |
Too busy counting our money :-) |
Surprised this board is so quiet. |
Historical PE ratio at 7.85 based on 2023 EPS and 77m shares. So pretty cheap based on the confidence implied by the new share buy-back program, and a 3.5% dividend on top.
They've been talking about a FTSE listing for years, so I'm not confident of that happening anytime soon. Should we be worried about the company for any reason? |
Been watching this co and waiting for a buying opportunity. RSI has been very high for a while until last week. Anyone know what caused the pull back?? |
Oure share price has re rated substantially over recent weeks & it will be interesting to see if any news will be released to support the increase -apart from the fact that we are substantially undervalued compared with competitors.I am hoping that our US division is growing more quickly than expected |
There's a rule in Israel about not being able to cancel treasury shares so they just stay as they are. |
There is now about 1/3 of shares in treasury, do we know if these will be cancelled or if any will be paid to management for reaching certain targets? No issue with them receiving some but would hope at least 90% are cancelled. Any notes or pointers to reports with this detail would be very helpful, cheers! |
Positive trend confirmed in todays AGM update |
The cup and handle from Feb 23 to this feb is a classic. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
