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. |
New highs everyday Must be heading for a US listing |
We might be lucky and they stop the buybacks and pay bigger dividends so there are more shares in circulation for the rumoured NYSE listing. |
Solid update ,increased expectations for FY24 -resulting in expectation of increased dividends & continued buy backs |
VIX still climbing as one might expect. Nearly up to 20 now - a 6 month high. |
key phrase....
Reflecting this progress, the Board expects that the FY 2024 results will be ahead of current market expectations. |
Of course, it's dollars but nonetheless what a cushion for future expansion..apologies |
Cash is marginally under £800m, making it marginally over 50% of market cap. Still suggests good value at £20 with a decent Q1 under the bridge and Q2 starting with more active markets. |
Mind-blowing
Cash makes up almost two thirds of the company's market value and that's after the various charges such as buybacks etc...incredible
the business is on steroids |
Any views on this morning results |
Noshellfish, the company might not have much in the way of physical infrastructure in Israel but it’s where the company’s most valuable assets are located - its people! |
Massively undervalued, strip out cash and this is 3x historic earnings. VIX is up significantly YTD and we should get positive news on Japan and the US this week, i am personally expecting another bullish update. |
The stock didn't budge much when the Israel-Hamas war originally started, so I don't expect it to move much now either. It's a global fintech without much physical infrastructure in Israel, it seems the much bigger driver of the price is global stock market trends, and possibly the VIX. |
This is at an all time high now I think. |
Great to see £20 broken -will it hold this week with view to geo political events in Mid East ? |
Another little spike in VIX as US CPI released, though in reality only slightly higher than yesterday. I imagine traders will be busier than they've been for a while. |
lovely looking chart but quite near long term resistance level . big move today on back of news ? I do not follow PLUS closely but have NO stamp duty stocks only on my watchlist as great for day or overnight trades :) |
Q1 trading update due early next month-hopefully gaining traction in US Markets |
When are we expecting a trading updateThe stock is looking a little perky |