Plus500 Share Discussion Threads

[american idiot] 12/4/2019 21:30

Everybody here would be wise to take note of this post :-

bor491
12 Apr '19 - 11:57 - 19856 of 19931

More pain coming before any chance of the gain.

[nocents] 12/4/2019 21:03

Typo :- but

[nocents] 12/4/2019 21:03

2015. We are now 2019. The FCA are wet nut it is PRA and FCA registered. It is a risk not a scam. Risks are made quite clear. I won’t touch CFD’s. Plus is an amoral rather seedy but credible company which bends the rules a bit it seems. Not unlike RBS/ Lloyds/Barclays/Tesco/VW etc. All credible companies.
Plus just needs to adapt to a different regulated landcape or wither away.

[sandcrab2] 12/4/2019 19:23

JUP going from strength to strength

[sum493] 12/4/2019 18:22

I stumbled across a video from Simon Cawkwell (2015) [find it on Youtube] where he says he's had evidence put to him that Plus500 is a scam, and the regulators should investigate. He doesn't say what it is, but it was enough for me to do some digging and see what I could find if I looked for the contrary view.

Here's the video

[nocents] 12/4/2019 17:52

Don’t feed him. It’s what he’s here for. Filter or ignore and he will go elsewhere.It only keeps him here.

[elcapital2018] 12/4/2019 17:07

its going bust.im always right

[hsduk101] 12/4/2019 17:05

Wow sharp decline on share price! whose thinking of shorting this one? The dust of brexit isnt going to settle soon, so another 3 months of sliding to happen yet?

[liquidkid] 12/4/2019 16:28

LiquidKid
12 Apr '19 - 12:22 - 19861 of 19888

12/4/19
Fiddling the accounts:
Gross Revenue $82.0m
positive customer performance $28.1m
SG&A:
User acquisitions $26.2m
Admin "low fixed costs" $17.2m
= Q1 EBIT $10.5 million.
10. Million. Dollars.


Thanks LK - I was going to look at the numbers in that way too,
Did you use half of the second half for the Admin costs ?
$10m x 4 = $40m for the year - and what dividend to pay from that guys ?

Ermmm.....

It's a conservative fixed costs estimate extracted from the annual report.

lean cost structure now equals bloated regulatory compliance

The Company continued to keep costs under control? like Non-marketing and non-processing costs up by 55%
Administrative & general runs at $9.8mn a quarter but theres a whole bunch at least $7mn of other fixed schemes burning up the cash quarterly.

eg Lots & lots of "payroll" squirreled away in various notes.
& is general other advertising & marketing bundled into AUAC
These procedures comprise a range of measures including corporate policies, operating rules, systematic reporting, external audits, internal audits, self-assessment and continuous monitoring by the Regulatory & Risk Committee, the Board and the executive management team.

IMO Plus500 will have to restructure to reset its costs.

[chucko1] 12/4/2019 15:55

ElCap, are you sure these folk literally went bust? If so, it would not so much be a case of getting stock selection wrong, but moronic risk control.

But I guess I’m an investor on stocks (and bonds and other stuff) and most people on ADVFN are short-termist lunatics and go virtually all-in on the exciting stuff. I used to use iii to discuss stocks, but they utterly wrecked the portal a couple of years back - I had been contributing since 1999. I remember being Uber-bearish on an internet incubator called Oxygen: if you think you get a hard time here, I was threatened with a bullet in the head by all sorts. Literally - it was like something out of the Blues Brothers. Oxygen went bust, of course.

[moneypenny2018] 12/4/2019 15:43

One more thing to add here. Why I say the minimum for the whole year is 200m.

We have 53m already
We only need 1q from the remaining 3 to be at similar level with Q4 2018 and you are already at >200m. Also, q4 2018 includes ESMA effect...

[tradejunkie2] 12/4/2019 15:19

IGG is a better bet see ya.