Plus500 Share Discussion Threads

[malcolm caton] 18/7/2023 13:26

Phoned A J Bell they say should be credited by close of business today,

[aleman] 18/7/2023 13:00

Still no cheque. Link registrars say the cheques might have only been printed on the day and posted over the next two or three days so could still be in the postal system. This is poor. Most cheques I've had from other registrars have been printed and posted early and landed though my letter box on the payment date. I've had to wait a few days for PLUS in the past but not a week.

Has anybody actually been paid yet?

[malcolm caton] 17/7/2023 21:02

With A J Bell and no sign of divi credit.

[groveman1] 17/7/2023 14:51

With Hargreaves Landsdowne HL Fund and Share A/C - still nothing!

[seadog40] 17/7/2023 14:06

with A J Bell. Still awaiting!
CD

[aleman] 17/7/2023 13:52

Anybody else still waiting on a dividend check for this one? It should have been paid on the 11th. I take most dividends electronically these days but I get a dollar cheque for these. They are often a few days "in the post" but it's 6 days late now.

[aleman] 13/7/2023 13:28

Looking perky today and developing interesting patterns.


free stock charts from uk.advfn.com

[coxsmn] 11/7/2023 11:08

The headline is"FY 2023 expected to be in line with current market expectations"Meanwhile cash pile is growing and operations expanding in USA, Japan and UAE

[bjfanc] 11/7/2023 08:14

At the rate, the shares are being bought back at, you might not be able to.

[blueclyde] 10/7/2023 20:22

This is uninvestable. In my view todays RNS fails the ethical standards that companies need to adhere to. They are clearly trying misinform people. If they do that with their communication to the stock exchange they simply can not be trusted.

[oi_oi_savaloy] 10/7/2023 20:06

They've got a track record of this sort of thing; can't trust them one iota.

[blueclyde] 10/7/2023 19:55

A very slimy company this one. Look back at the RNS from this time last year. EBITA was $305 million, and they gave the corresponding figure for the previous year to compare it against. This year they are at $175 million but they do not compare it against the corresponding $305 million from last year using H2 instead. Very poor corporate governance and obviously think people are thick.

[planelondon] 10/7/2023 12:21

Has anyone calculated an estimate half year EPS based on the information provided in this morning’s trading update?

[coxsmn] 10/7/2023 10:50

£1210 mkt cap with growing cash pile of £663M. 1210-663 values business at net 546MNb Abrdn paid 2bn for Interactive Investor trading platform

[aleman] 10/7/2023 09:57

I need to tweak the previous comment and it's a bit better than I thought:

Cash has only fallen from $930m to $850m in 6 months after buying back around $214m of shares and the February ex-dividend of $30m. Market cap is £1210m.

So cash is only down about $80m after shelling out $244m. It would have been up $160m+ in only 6 months without the buy-backs and dividend. The market cap has now risen slightly from £1210m at the open - understandably when you look at the cash numbers.

[arja] 10/7/2023 09:08

but they said prospects not good in year ahead I THINK !

[squeakeasy] 10/7/2023 08:56

Anyone seen the LIBERUM research note on Plus issued today?

[base7] 10/7/2023 07:46

Trading update positive + traction being gained in US.Japan progressing well & UAEnow trading following licence award +continuing to look at other acquisition prospects.

[aleman] 10/7/2023 07:45

Trading seems to be going well. So what are the cash numbers? Cash has only fallen from $930m to $850m in 6 months after buying back around $220m of shares? Market cap is £1210m.

[black bird] 14/6/2023 17:06

ODEY sell to plus 7.3m £ 101m equates to 13.83 pence do the rest of us follow, odey strapped for cash?
follow the money. another firm C M C most say avoid or sell. is plus to follow same business. BB

[planelondon] 13/6/2023 12:35

When I woke this morning to the news of the 8.2% opportunistic buyback at 1383p per share, the Italian expression once quoted by a renowned hedge fund scoundrel to describe the killing he had just made, immediately came to mind ….. Al mattino ha l'oro in bocca…

[planelondon] 13/6/2023 12:19

rHatton, the company’s guidance has been $500m of new revenues over five years. Fifty percent of this coming from organic growth and fifty percent from the US. More recently, David Zruia was quoting in an interview as saying $250m US revenues within three to five years. When questioned about the margin level on the new revenue the CFO declined to give a figure.

It would seem the buyback has wide support from a great number of shareholders. At the last AGM 97.91% of shareholders voted in favour to buyback own shares.

[coxsmn] 13/6/2023 12:18

Wouldn't take much for share price to double.

[coxsmn] 13/6/2023 12:12

Latest buyback ups our eps and shareholder returns by over 8% so all good. Only a dent to our huge cash pile.