Plus500 Share Discussion Threads

[saint or sinner?] 30/11/2015 14:57

Guessers thread.

[dlku] 30/11/2015 14:45

no, more like 500p

[elcapital] 30/11/2015 10:51

As I said before I thought this would run upto 400 or so before drifting back off.IMO this will be closer to 300 than 400 in the coming weeks

[dlku] 30/11/2015 10:34

Massive buying by directors last week. purchased 70,247 ordinary by one of them.
Why i bought some also

[dlku] 30/11/2015 08:15

heading northwards without you


next update is going to be delish and back to 700p ?

[macarre] 27/11/2015 12:32

PLUS - why people still bother? Deal did not go through. A warning signal to me. Something not quite right here.

[dlku] 27/11/2015 08:18

430p today? Why? Because its FRIDAY!

[dlku] 26/11/2015 21:56

Heading northwards. Fast.

[dlku] 26/11/2015 11:43

volatility good for PLUS profits

they must be raking it in

[elcapital] 26/11/2015 10:14

Please mug punters, just look at the facts we do know, let alone what we dont, which are likley to be far worse.

This is how you learn

[elcapital] 26/11/2015 08:05

That may have contributed a little, but much more to it than that I think. Why would they be running to Cyprus, something they did before ptec deal

It is obvious to those with some experience.

[old fool2] 25/11/2015 22:06

The reasons why the deal did not go through - click on the link:

[hpcg] 25/11/2015 21:32

ELC - I would have said that, but I don't understand the price movement so I'll take my loss and watch for a while.

[pbutterworth1] 25/11/2015 20:28

ELC - be my guest. I need the share price down a bit tomorrow to buy long....

[elcapital] 25/11/2015 18:01

love it when bulls start getting anxious. My target was 400 to short......bring out the guns. I am more certain than ever

hpcg. I cant see much more than 400, IMO its a good entry point for shorts, as I said yesterday

[hpcg] 25/11/2015 17:18

The PLUS500 business model is not sustainable. They rely on gullible punters. Other CFD providers make money from activity, not directly from client losses.

Saint or Sinner - in this context FCA regulation is regard to the product sales and customer protection, not the regulation of the company with regard to the stock market. AIM is an unregulated market, there is no fraud protection or prevention measure by design. Investors make their own decisions and should not cry if they get ripped off. I expect they will at some point have to drop the UK product regulation as that requires that the company takes steps to prevent amateur or uninformed customers being signed up. This will be bad for marketing, but how many uninformed punters even notice the FCA regulated statement at the bottom of the website, or that they are signing up to the Cyprus company.

I have closed my short as I'm not going to fight the share price, but there are risks to being long:

1. Brexit - Cyprus regulation no longer relevant.
2. Running out of customers to fleece.
3. If, that's if, the FCA withdraws regulation, could bad debts be enforced?
4. Again if, that's if, the FCA withdraws regulation, and the company operates offshore, could sanctions through payment providers come in to force.
5. Worldwide anti-money laundering legislation. The US government as much an issue as any.

[pbutterworth1] 25/11/2015 17:16

Really kicking myself I waited two days to get back in long properly. At least it still has miles of long upside. My favourite share is independent again !! Happy days and greetings all seasoned PLUS fans long and short. A strong contender for most interesting share on the market :-)

[udyy] 25/11/2015 16:26

ELcapital, the owners were probably happy with 400p when the regulation fog was around. If indeed the FCA and PLUS are settled, the share will aim towards reasonable price. With their current results,(leaving expected for now) 600-700 is conservative. Taking clients via CY was probably due to implementation phase of FCA processes and maybe for better taxation. If you understand this domain - CY regulator is more demanding than the FCA.
Long PLUS

[dlku] 25/11/2015 14:54

heading to 500p i suspect, then 800p

[saint or sinner?] 25/11/2015 14:17

Elcapital - you make it sound as though you believe the FCA is a great regulator, when in fact it is a toothless organisation populated by the same spineless, thieving crooks that operate throughout the City.

Did the FCA do anything proactive to prevent QPP and GBO screwing over investors?

Where a company listed in the UK is regulated is an irrelevence.

[old fool2] 25/11/2015 14:08

ELcapital

Why are you so anxious to draw people's attention regarding regulatory issues (if there is one) What's in it for you? You have taken up so much space here regurgitating same thing over and over again. Please stop.

[elcapital] 25/11/2015 13:51

They could be in the market, and I suspect they have been. The announcement gave them an a free reign on when and how often.

They say there are no regulatory controls, but this could be because they are no longer taking clients/mu punters via UKs FCA. They would say it is their decision, FCA would say it was theirs IMO.

[xjhoward] 25/11/2015 13:43

New bidder ?

[hpcg] 25/11/2015 13:29

The company have said they might buy back.