Plus500 Share Discussion Threads

[blueclyde] 15/2/2023 11:01

Also there is a little gem in the annual report of you read it all the way through. The made nearly 25 million just on the interest on their cash balances. That should rise to 50 million as rates have continued to rise. They have nearly a billion cash on the balance sheet. This is insane value.

[blueclyde] 14/2/2023 21:23

The cash dividends suffer from a huge tax amount. The buy backs alone are so big now they alone push EPS up nearly 8 percent a year just with the fewer shares in issue. Also I think the buy backs could hit an inflection in the share price. Strip out the cash and this is on a PE of 4 and $60 million worth of stock will be bought in the next six months. Hard to see where that supply comes from without pushing up the share price imo.

[base7] 14/2/2023 18:15

If our US business grows substantially our value will increase disproportionately in that our valuation is likely to move upwards towards that of US competitors resulting in a potentially substantial revaluation.

[riskvsreward] 14/2/2023 17:19

This looks very cheap and the results look great. However, why do they cut the dividend compared to 2021 from about 119 cents to about 92 cents for 2022, when both esp and cash are well up?

[investing2retire] 14/2/2023 11:34

yep coxsmn . ive topped up at 1923p this morning. i waited for a good entry this morning so will see how this goes. im targeting 2200p in next few months

[coxsmn] 14/2/2023 07:46

Great results

[arja] 07/2/2023 12:11

actually you use "chucko1" which is close to cuckoo - apt description of you :)

[beergut] 07/2/2023 10:53

Volume for the drop today looks a little anaemic

[chucko1] 07/2/2023 10:42

Is "guessing" the new "technical analysis"?

[arja] 07/2/2023 09:37

just profit taking I assume after meeting chart resistance . support level at about 1880 area I guess

[arja] 07/2/2023 09:35

hammered today for some reason as surely the news was not so bad . But I only trade using charts and if a stock can be bought without paying SD - not so many of them sadly !

[coxsmn] 06/2/2023 12:22

Agree, a lot of potential.A lot of wealth to tap into for sure.

[base7] 06/2/2023 07:59

Abu Dhabi will be a small number of prospective clients but with much more spending power than average & other Mid Eastern investors likely to use this platform resulting in a great opportunity

[mister md] 06/2/2023 07:49

RNS

'Plus500, the global multi -- asset fintech group operating proprietary technology-based trading platforms, is pleased to announce that it has obtained a licence from the Dubai Financial Services Authority ("DFSA") in the significant and high growth market of the United Arab Emirates ("UAE").

This new licence, which is effective immediately, offers a major growth opportunity for Plus500, by allowing the Group to expand its offering to customers across the UAE.'

[base7] 10/1/2023 13:21

Increased cash balance is also after substantial buy backs , dividends & US launch costs (whatever they may have been)& would have been over $300mill higher.Interrsting to see whether any acquisitions made will be bolt ons or more substantial.

[bulltradept] 10/1/2023 08:38

Market should be waking up to this.

[1system] 10/1/2023 08:23

Cash = nearly half it's market cap.
This one a no brainer and with growth in the US market, dividend payer with growth.

[aleman] 10/1/2023 07:21

Another big increase in cash of more than 20% to $900m/£750m+.

[base7] 06/12/2022 13:04

Interesting that our buy backs,which are done independently, doubled yesterday ,when our share price was down substantially.Hopefully we will recover & continue its upward ascent ahead of a trading update early next month

[coxsmn] 25/11/2022 16:16

Has anyone here not yet received their dividend payment

[barryharmer] 15/11/2022 01:00

It normally takes a few days for the companies such as HL who hold the shares for benificiary owners to convert the dividend payment to UKP from USD and distribute it to their account holders. Last time HL were one of the first, this time they are not.

[ramellous] 15/11/2022 00:24

Interactive investor

[coxsmn] 14/11/2022 18:43

Good. Who's your broker