Plus500 Share Discussion Threads

[sogoesit] 08/8/2018 16:01

... and beyond!

(Buzz Lightyear)

;-)

[freddie ferret] 08/8/2018 13:47

The share price of this could go to infinity.

:)

[poolefox] 08/8/2018 13:16

They tend to be very cautious on forward guidance but maybe the markets will suss this as they gave a really csutious statement last time and then guided up twice!

[oi_oi_savaloy] 08/8/2018 12:40

Very interested to read all your replies - I'm not trying to come across as Dr Pessimistic on National Negative Thoughts Day; just wanted to put some thoughts on here that I've had (and others that I've read - not claiming them as my own).

I'm in for the long haul on Plus500 - by that I mean my plan is to hold them for the foreseeable - a bit like my dad having bought racal electronics back in the early 60's and subsequently getting shares - and adding to them - of vodafone. he still has them of course (and verizon). But I boringly digress.

[planelondon] 08/8/2018 11:03

It's not yet been widely reported, as far as I am aware, but in its 2018 report, Investment Trends identified the 20 largest trading platforms for the German market. In the sum of primary and secondary [1] CFD platforms, Plus500 leads the market with (14%) market share, followed by CMC Markets and IG with (13%) and (11%), respectively.

In the Spanish market, Investment Trends data place Plus500 (17%) with more than double the percentage of primary penetration in the market than IG (8%), the second operator on the list. Behind would be Hanseatic Brokerhouse, X-Trade Brokers and CMC Markets with (7%).

[1] The primary and secondary CFD platforms are the two platforms on which CFD traders trade. The former is the main trading platform and the latter is the most used alternative.

www.fair-news.de/1751743/plus500-ist-die-groesste-cfd-handelsplattform-in-deutschland-laut-investment-trends

www.elmundofinanciero.com/noticia/76845/

www.investmenttrends.com/

[sogoesit] 08/8/2018 10:12

Personally, I don't understand using stop losses (@davebdavid).
Price discovery is a negotiation.
Telling the market where you will settle to the downside doesn't appeal to me.

(I'm a long(er) term investor so my comment doesn't apply to "trading". My term view on this stock is 12-18 months).

[travellingtrader] 08/8/2018 10:10

The lock in is 180 days. Settlement was the 9th March. So no placing will happen this month.
Even if there is a placing in September it seems unlikely to be at much of a discount given the massive demand for the shares.
Still has a long way to run to close the valuation gap to IG and CMCX.

[jplus] 08/8/2018 10:02

The original founders and large shareholders are no longer directors. When they sold last tranche of share at 11.00!!! Im pretty sure there were conditions imposed meaning they couldn't sell any more for at least 9 months or more.

[ultimate1] 08/8/2018 09:57

At the moment plus only has a few analysts covering it and they are very poorly analysed. Their yearly predictions will be surpassed alone in plus first 6 months of trading. Once then enter the Ftse 250 (then the ftse 100) they will be analysed a lot more thoroughly and by more analysts. There is no getting away from the fact that by FAR the most comprehensive and thorough analysis of Plus has come from Hanbury at Odey and he is predicting 7000 in the medium term. If he is at all right they have a long long way to run

[davebdavid] 08/8/2018 09:56

Maybe a tight stop loss would be a good idea?

[oi_oi_savaloy] 08/8/2018 09:21

I'm just repeating what someone else has said on the LSE chat but is there an argument to say that the rise anticipated when joining ftse250, the new rules (and how well plus500 has dealt with them) and other factors that everyone is saying (cant think of them right now!) will lead to the continued share price rise already been factored in to things and thus the share price might fall come results on Monday? that the recent stellar rise can't continue - that actually we're on the cusp of either a pause or fall?

I wrote on the other chat that I seem to remember that the directors of plus500 have a habit of coming out with news 'out of the blue' around results time - with the share price at £20 - I'd not be surprised if they've decided to take some profit - that might be coming out on Monday too perhaps.

I am a believer in this share (no expert, no access to deep research, not a trader or expert or in fact anything really); just putting my two penneth out there.

[sogoesit] 08/8/2018 09:03

It was "only" up 1.7% earlier this morning and I was wondering what was wrong! ;-)))
Now resumed a better rise. Lol.
Will we see 24 squid before results?

[mutime] 07/8/2018 16:46

For conversion I guess it will come down to when clients trade . They will get the message that the old way is still available if they apply and pass accreditation .

Plus will quickly know how this will turn out just by looking at daily profit

Let’s see what they say in the outlook words

Also with the late divi date and amazing cash generation this year the balance sheet will look very strong . Maybe a special interim payment

[rackers1] 07/8/2018 16:13

Yeah come on sb888 or whoever your multiname isGet yer tips oot for the lads yous muppet

[gdl3] 07/8/2018 16:01

What's not to like unless your name begins with sb888, can't wait for his prediction!

[malcolmmm] 07/8/2018 15:35

Ranked 97 on Stockopedia, low pe ratio, great peg, huge div. I like it

12m Forecast Rolling
PE Ratio (f) 9.93
PEG Ratio (f) 0.75
EPS Growth (f) 15.2 %
Dividend Yield (f) 6.05 %

[jplus] 07/8/2018 15:31

Agreed, although think Odey may have 2-3 month timeframe to sell. As you say will be interesting to see if increased exposure & 250 listing in sept will reduce the pullback.

[chucko1] 07/8/2018 15:19

Jplus, appreciate your post.

I would add that although PLUS has been a brilliant (hardly an exaggeration) performer the past year or so, it cannot suddenly jump by 20% or more since there will always be the Odey selling. UNLESS, they now find they can now sell to institutions en bloc on account of the main market listing etc. That could be a mechanism for a quicker rise if the update next week further merits it.

[malcolmmm] 07/8/2018 15:12

Nice rise, I am in for more

[jplus] 07/8/2018 15:11

"Potentially Could" and "are" are quite a difference. Don't get me wrong I'm up to my eyeballs in plus & think it's got some way to run. Singapore, potentially Japan and regulation actually helping plus longer term, superior technology & ridiculous efficiency compared to competitors. Converting "retail" to "prof" may take a bit of time and how many they can actually convert is an unknown. I think it will only be a short term effect. Equally they could turn round & say they have already converted half those 12% on the 13th who knows. they'll still make decent revenue from "retail" either way. Was just trying to be accurate. Onwards and upwards.

[mutime] 07/8/2018 15:05

Many well informed comments on this thread.

A bit of doubt on the overall current regulatory impact but now viewed as small.

Interims is going to be a very interesting morning. For a company this size to have such a low rating and high long standing dividend is uncommon.

The growth is amazing but not rated by the market as critics say not much visibility of earnings.

The huge growth in customers last year could have been a game changer. Maybe many continue and cross purchase . Also awareness of Plus now on a different scale with punters and potential institutions

Any predictions for end of next week ? £25 ? For the Bulls this is uber low as an average FTSE 250 rating would suggest £45 if EPS for the year turns out to be £3

[aakash30] 07/8/2018 14:48

To be exact 20-25% of the business is not affected (Non emea + non UK). Of the remaining 75%, 70% of revenues are through clients who could potentially be classified as professional

[chucko1] 07/8/2018 14:27

Jplus, you said you don’t think that’s correct and then seem to repeat precicely the same thing! Or is it the word “could” that differentiates the meaning? If the latter, PLUS have indicated that they were thinking in terms of “could” in any event, and yes, we shall get a better steer on how accurate this looks like being in a week’s time.

As I write this, I note we have broken the £20 mark. A number of people are looking a bit silly, and they have in common that their analysis of PLUS always seemed pretty lazy. Wonder what they will make of this?