Plus500 Share Discussion Threads

[fizzypop] 03/3/2016 11:01

Certainly onwards and upwards today. Anyone had sight of their divis yet?

[freddie ferret] 29/2/2016 17:41

So what? Onward and upward IMHO, £10 by year end is possible DYOR.

[sailing john] 28/2/2016 22:16

No worries - I had forgotten it was pay day myself.

Fizzy - it will be interesting to compare brokers again. I recall doing it a couple of years back and there was a significant difference in exchange rates and time to process.

[nurdin] 28/2/2016 20:17

Ah...apologies. Should have checked

[fizzypop] 28/2/2016 19:45

Yes sj ... 5 days last year with Interactive Investor.
Appreciate someone posting conversion rate to sterling after tax.
For once we should gain as sterling is weak.

[sailing john] 28/2/2016 18:42

Nurdin
It's the late interim post Playtech deal collapse announced December
XD 7th Jan 16 - pay date 29 Feb 16 - $0.2121
Some brokers take a week or more to process though!

[nurdin] 28/2/2016 17:20

Which dividend is that then?

The Board is therefore pleased to declare a final dividend for the year ended 31 December 2015 of $0.2922 per share (final dividend 2014: $0.3001 per share), with an ex-dividend date of 24 March 2016, a record date of 29 March 2016 and a payment date of 11 May 2016. Including the interim dividend in respect of the six month period to June 2015 of $0.2121 per share, this makes a total dividend for the year of $0.5043 per share (total dividend for 2014: $0.5351 per share). This equates to a total dividend pay-out of $58 million or 60% of net profit for the year, in line with the Company's stated policy.

[fizzypop] 28/2/2016 17:09

Divi payday tomorrow the 29 Feb.

[freddie ferret] 26/2/2016 17:16

You are setting up £6 to be an upward resistance level, stop talking about it.

[andrewbaker] 26/2/2016 16:52

It's poised to take 600p. by storm on Monday, lol. :)

[flyposter] 26/2/2016 15:47

Plus500 has a very good rating on Stockopedia, I would happily buy more now if I could.

[nurdin] 26/2/2016 15:20

Excellent presentation...thanks Tomps.I am surprised we are still under £6 !

[andrewbaker] 26/2/2016 14:25

If we get past 600p., there's little resistance all the way back to 700p. Here's hoping ...

[tomps2] 26/2/2016 11:07

Here's a link to the PLUS conference call on Monday:

www.piworld.co.uk/whats-new/2016/2/26/plus-500-plus-gal-haber-ceo-inbal-marom-cfo-22216

Good to hear the directors, and their take on things:

· Full year results 17.2.16
· The Plus 500 business model: (interestingly, define themselves as a technology company, which they use to optimise their marketing - which is key, their main revenues made from the spread (not losing punters)
· The regulatory issues in 2015, how they’ve addressed his going forward
· Outlook: Q1 2016 strong, (improved by volatility), number 2 in the UK

· Q&A by private investors:

Average life of a customer?
Do customers lose money?
Playtech - what happened?
Q4 revenue down?
Football sponsorship?
Reporting schedule?
How do you do it?

[goldie40] 25/2/2016 13:06

looks like odey reduced am I correct

[freddie ferret] 24/2/2016 17:17

AB Re your post 10397.

Many users use this company's products to hedge or in managing risk. Your post 10397 is a bit simplistic IMHO, nor is it a simple matter that if the client wins the house loses, the house can hedge not just in laying off bets, but in the market.

[nurdin] 24/2/2016 12:24

IGG are trading at 17x 2016 forecast earnings....we are closer to 8x.There is therefore a significant scope for rerating once the market gets confidence that the company has dealt with all the regulatory issues and the customer churn rate will decrease with time.

[flyposter] 24/2/2016 11:34

Yes nurdin, Stockopedia have this at 84.

AndrewBaker you are right, we can expect groups like IG, and Plus500 to thrive on choppy markets, the difference is Pluss500 is a cheaper share with more value, IMO.

[nurdin] 24/2/2016 11:00

Just managed to get hold of Librum note issued about 10 days before the announcement of the final results. Oddly the forecasts are still way out.EPS for 2015 were forecast at 75c the actuals came in at 84c!

I thought house brokers got their guidance from the companies they cover?

[andrewbaker] 24/2/2016 10:57

Now the regulatory troubles appear to be over, PLUS can get back to raking in the cash from subscribers, and when they get tired of losing - which the vast majority do over time - and leave, there will always be a steady stream of new cowboys/girls/wannabe city wizz kids queuing up to replace them. If there's one share that's a beacon in these turbulent times, it's PLUS500.

[trentendboy] 22/2/2016 18:54

Check the GVC thread for PTEC news

[alphapig] 22/2/2016 17:25

Trent - nice touch, I suppose it's a rumour you started, lol!

[nurdin] 22/2/2016 14:12

The company has £109.5m in cash on the balance sheet which translates to around 95p per share.This is EXCLUDING cash advances from customers!The stock is therefore trading effectively at just 7x 2016 earnings(assumed to be 89c).

Cant believe they had agreed to sell the company for £4/share to PTEC!

[nurdin] 22/2/2016 12:32

Not surprised.I am sure they will find ready buyers.