Plus500 Share Discussion Threads

[andrewclarke99] 26/6/2018 11:49

It just got resolved. They are now updating normally

[andrewclarke99] 26/6/2018 11:44

The CFD positions I have open on Markets.Com for PLUS500 have froze and not changed since the close yesterday. My actually holding of Plus500 in real shares has carried on and a Corporate Action issued identifying that they have moved to the FTSE. I am currently in contact with Markets.Com

[nurdin] 26/6/2018 11:19

doesnt make any difference...no impact

[andrewclarke99] 26/6/2018 11:05

Now that Plus is listed on the main FTSE what happens to open CFD positions?

[ultimate1] 26/6/2018 09:32

Plenty of volatility in the market in the last few days and going forwards... bodes well for Plus

[davebdavid] 26/6/2018 07:16

As expected but still great news

[davebdavid] 25/6/2018 21:03

Start of play tomorrow will be interesting.

[nod] 25/6/2018 20:47

'There is a new cloud of fear' over Wall Street: Market analystMichelle Fox | @MFoxCNBCPublished 1 Hour AgoCNBC.comWashington, D.C., may be calling the escalating trade tensions a negotiation, but Wall Street is saying the situation looks like a trade war, says analyst Michael Farr.Stocks dropped Monday, with the Dow tumbling 350 points.Technical strategist Katie Stockton believes what's happening is a healthy pullback.

[xajorkith] 25/6/2018 17:28

davebdavid.

Not that strange really & a pretty small pullback when you look at the long term chart.

US markets selling off, last day trading on AIM, hot weather.....

Take your pick, but nothing to do with PLUS imv.

[highbury grease monkey] 25/6/2018 16:56

I managed to buy into this at the highest possible point in the day and watch it decline ever since!! LoL

[davebdavid] 25/6/2018 16:34

Bit of a strange end to the day. Any thoughts?

[ultimate1] 25/6/2018 12:04

With the great results around the corner and the low p e compared to I g (plus are the growth story here not I g) you’d have to think this move has got a long way to run. Let’s hope the Asian side of the business explodes like everyone thinks it will. Growth, growth, growth

[nurdin] 25/6/2018 11:49

Moving again....should hit £20 by the end of the week at this rate!

[ultimate1] 24/6/2018 08:14

At current prices there is no doubt plus 500 represents huge value. How on earth is it valued at less than IG. Let’s not forget Singapore revenues (ig s second biggest market) will kicking in soon. They are hoping to get in Japan and also China to by the end of the year. Their annual dividend is going to be about 160p a year and all of this on such a low p e. The listing on the ftse 250 is complete and more good results around the corner. At some stage the stock will have to be re rated as a blind man can see they are valued at way to little on all known indicators

[chucko1] 22/6/2018 23:17

Sb888, care to comment further on its listing? Your batting average on PLUS would not even get you to a reserve in the minor leagues.

In a previous existence, you declared yourself as one of the world’s leading financial experts. It makes one wonder what one might hear from the newly qualified??

I don’t mean to gloat, as it could go wrong. But, as stated above, you call yourself a world leading financial expert and I have to point out yet another appalling call from you on this stock and pose the question - what exactly, is your expertise?

[ykrk] 22/6/2018 13:17

20 June 2018



Plus500 Limited

Publication of Prospectus

Plus500 Limited (the "Company"), a leading online trading platform provider for customers to trade CFDs internationally, is pleased to announce that, further to the announcement of 24 May 2018, the UK Listing Authority has approved the Prospectus in relation to the admission of the Company's shares to the premium listing segment of the Official List of the FCA and admission to trading on the London Stock Exchange plc's Main Market for listed securities ("Admission").

It is expected that Admission will become effective and that dealings will commence at 8.00 am on 26 June 2018. Trading in the Company's shares on AIM will be cancelled simultaneously with Admission.

The Company is not raising any funds or issuing any new shares in connection with Admission. The Company's TIDM code on the London Stock Exchange will continue to be PLUS and its ISIN will remain IL0011284465 and its SEDOL number BBT3PS9. On Admission, the Company's issued share capital will be 114,888,377 shares, of which 980,146 are treasury shares.

The Prospectus will be made available in electronic form on the Company's website at www.plus500.co.uk/Investors/ConstitutionalDocuments, and will be available for inspection at the offices of Bryan Cave Leighton Paisner, Adelaide House, London Bridge, London EC4R 9HA between the hours of 9.30 am and 5.30 pm on any Business Day. The Prospectus will also be submitted to the National Storage Mechanism, where it will be available for inspection at www.morningstar.co.uk/uk/nsm.

Expected timetable


Publication of Prospectus

20 June 2018


Last day of trading of the Shares on AIM

25 June 2018


Expected delisting of the Shares from AIM

8.00 am on 26 June 2018


Expected admission of the Shares to the Official List

8.00 am on 26 June 2018


Expected commencement of dealings of the Shares on the Main Market

8.00 am on 26 June 2018




The times and dates set out in the expected timetable of principal events above and mentioned in the Prospectus, and in any other document issued in connection with Admission are subject to change by the Company, in which event details of the new times and dates will be notified to the UKLA, the London Stock Exchange and, where appropriate, shareholders.

Liberum Capital Limited ("Liberum") is acting as sponsor to the Company in connection with Admission.

[chucko1] 21/6/2018 11:58

Although this is all good news (client conversion rate), it serves rather to protect the downside. I still see the medium to long term upside to be more a function of:

a) success in Asia
b) some long term matrket volatility (being rewarded already on that)
c) comparison with IG and CMC valuations (more likely after FTSE250 inclusion)

Even limited success on those three above suggests £20+. Real success suggests £30+ (all else being equal which is why shorting some amount of IGG or CMCX as a hedge is reasonable).

[xajorkith] 21/6/2018 07:45

Sorry planelondon, you are right of course.

Had quickly scanned through the various threads I'm invested in & commented without properly reading.

High conversion rate (relative to their rivals) key as highlighted.

[podgyted] 20/6/2018 23:45

News flow just gets better and better.

The perceived IG quality seems to be in question - PLUS has a fwd PER of 9, IG 17. Go figure.

[planelondon] 20/6/2018 20:07

Xajorkith,

The high number of retail customers that Plus500 has converted to professional customer status at 4,282, against IG Group 3,800 (as at 23/05/18) and CMC 1,100 (as at 07/06/18), is one of the most important pieces of information contained in the prospectus.

This indicates to me Plus500 will recruit most (if not all) of their professional customers directly from their retail customer pool. The route to the recruitment of professional customers is via the continued recruitment of retail customers.

Not by marketing directly to professional customers, where marketing spend will be expensive and inefficient, and conversion rates low. It's best to let CMC and IG compete against each other (and burn marketing spend) in the direct recruitment of professional customers.

The winner in the long term for professional customers will be the CFD operator who has the biggest pool of retail customers from which it can convert to professional customers. Plus500's ability to continue to recruit the most retail customers, at the lowest cost, will lead to it also having the largest number of professional customers.

I don't believe there are too many people out there (including the analysts), who anticipated or expected Plus500, to be the leader in the professional customer segment. i.e. ESMA protected revenues.

I think this is going to come as a very large surprise to Plus500's competitors, and many others, over the coming days and months.

This is indisputable evidence, that Plus500 is a quality business and up there with its long-established peers.

[metis20] 20/6/2018 18:50

Current market cap is equivalent to about 4/10ths of the way down the FTSE 250.

Admission to the FTSE 250 would be effective from Monday 24th September. (The entry to the FTSE 250 would be after hours on Friday 21st September.)

[xajorkith] 20/6/2018 18:46

Reassuring read planelondon, with 75% of revenue in the EEA generated by EPCs.

PLUS looking very strong relative to it's competitors & still at a significant discount despite the large rise since March.

[davebdavid] 20/6/2018 17:29

Lets hope next week is an onwards and upwards sort of week!

[aakash30] 20/6/2018 17:08

Nice! Next stop FTSE 250 inclusion with next quarterly review