Plus500 Share Discussion Threads

[moneypenny2018] 16/4/2019 10:23

So based on those numbers and assuming a conservative 6.5 multiple you have upside of ~42% (Target price 740) and while you wait for the upside you also get a 10% dividend yield (assuming 25% Witholding tax)

DISCLAIMER: this is not advice I am just sharing my thoughts

[elcapital2018] 16/4/2019 10:19

sunnybeachboy

ever heard the one about a falling knife?

[sunnybeachboy] 16/4/2019 08:21

Time to add a few more.

[chucko1] 15/4/2019 21:56

Yup, I missed that!

[moneypenny2018] 15/4/2019 20:43

Chucko1 they are both going to Lyft upwards that’s the connection :P

[chucko1] 15/4/2019 20:34

What is the connection between LYFT and PLUS?

[moneypenny2018] 15/4/2019 20:17

Let’s see if I called the bottom :)

[moneypenny2018] 15/4/2019 19:00

I know it’s not the right place but I just bought some Lyft shares!

[sunnybeachboy] 15/4/2019 16:02

Might close at days high or higher....

[sandcrab2] 15/4/2019 15:51

JUP continuing to climb

[moneypenny2018] 15/4/2019 15:40

Encouraging that volatility in the markets seems to be picking up... Some nice opportunities to trade lately and very good volume in some instances as we approach peak levels again in some indices. Hopefully this will mean some additional deal flow for Plus in Q2!

[moneypenny2018] 15/4/2019 13:09

just relax let the market do its thing. They can short all they want at these levels but they need to make sure they don't lose their shorts :)

[sunnybeachboy] 15/4/2019 12:18

Did anyone look at the movement of the crypto currencies from 30th March.Lots of traders back on them which is great for plus

[nocents] 15/4/2019 12:14

Not sure why so many posters delight in negativity. Especially if they do not hold shares. Why don’t they go do something more productive with themselves?

[nocents] 15/4/2019 12:05

We knew this

[bulltradept] 15/4/2019 12:00

Plus500 (PLUS) suffered an 82 per cent drop in revenue during the first quarter as lower market volatility weighed on client trading appetite. Average revenue per user and active customer numbers were down by more than half on the same time the prior year.
PLUS:LSE
Plus500 Ltd

The number of new customers acquired during the period was also a third of that a year earlier at 21,306, although up 10 per cent on the prior quarter. Elective professionals accounted for 49 per cent of revenue from the European Economic Area, while revenue generated outside that geographic area made up 54 per cent of the group’s total.

Management said it was “too early to draw conclusions about the full-year outcome”, but analysts downgraded their earnings forecasts for 2019. Brokerage Peel Hunt cut its adjusted pre-tax profit and EPS forecasts for the year by more than a third to $163m and 111ȼ, and downgraded its dividend forecast to 89ȼ a share.

In February management warned that revenue for 2019 would miss market expectations at the time, with tighter restrictions on the sale of leveraged products to retail investors having a more severe impact than initially anticipated.

IC View

Shares were down around a quarter on the back of this update and change hands at just six times forecast earnings for 2019. However, given the inherent lack of visibility in revenue and profitability and elevated marketing spending – as it seeks to win new clients – we remain sellers.

Last IC view: Sell, 729p, 20 Feb 2019

[nocents] 15/4/2019 10:58

Lovely not to have the doommongers at play here.
Yes I have been mentioning the cash all along.
And no demands on it .
They can do with it as they wish.
No creditors.
Wait until feeding time over yes. .

[nocents] 15/4/2019 10:53

Lovely not to have the doommongers at play here.
Yes I have been mentioning the cash all along.
And no demands on it .
They can do with it as they wish.
No creditors.
Wait until feeding time over yes. .

[the canadian mounted] 15/4/2019 10:29

Indeed as soon as feeding time is over for the shorts, this will climb.