Plus500 Share Discussion Threads

[alphapig] 30/9/2019 12:38

From rns 22/8 As detailed in the Company's interim results for 2019, Plus500 anticipated that ASIC would wish to consider developing a set of proposals for the future of the industry. Plus500 will consider the full details of these proposals and respond constructively to the Consultation Paper by the deadline of 1 October 2019. The Board will assess the potential impact on revenues generated by Australian customers; this accounted for approximately 15% of the Group's revenues in H1 2019. Inevitably, the transition period after any new regulations is challenging, but as seen in Europe, client trading patterns rapidly adjust and stabilise - this is what Plus500 would also expect to see in Australia.

[valentine73] 30/9/2019 12:17

I missed them making that commitment Alpha - can you point to when/where that was?

[alphapig] 30/9/2019 12:08

Yeah, but if they say they're gonna respond, then respond in a timely manner, if they don't by the morning then it doesn't sit well with potential investors.

[gbh2] 30/9/2019 11:54

The current share price says enough re the Aussie legislation imo !

[alphapig] 30/9/2019 10:37

Where's the response to Aussie legislation, due by 1st Oct?

[tomstone12] 27/9/2019 09:42

the run up has started, value is here not in any of the other CFD providers.

[gbh2] 27/9/2019 07:58

Back to my last sell out sp, tempted to repurchase but there must be a reason for the sudden fall so bit of research req.

[gbh2] 26/9/2019 19:21

Nowt wrong with the Country other than the useless, over entitled tw*ts that are running it into the ground. Wish you well with your moves, we need luck and lots of it thanks to the Westminster w*nkers.

[valentine73] 26/9/2019 18:10

Lol! Very true indeed.So are you going to sit it out then? I do think there is more to go here in the run up to their next statement, but I've said that before and......dyor!

[gbh2] 26/9/2019 18:05

Much the same as what happened to £10 soon here.

[valentine73] 26/9/2019 14:09

What happened to the £7+?

[gbh2] 26/9/2019 14:04

I left IG yesterday @ ca 640p it's ex divi today thus today's loss.

[valentine73] 26/9/2019 13:33

Its more enthusiastic than the market for IG....The trend is up here, not down

[gbh2] 26/9/2019 13:29

I was looking to restore my holding here but the enthusiasm on this thread for PLUS, doesn't appear to be shared by the market.

[valentine73] 26/9/2019 09:00

I cant see anything but a positive trading update based on its peers updates and mkt volatility.See this over 800 short term and 1000 before christmas

[base7] 25/9/2019 20:16

A positive trading update resulting in shorts reducing together with our continued buy backs could see our share price continue its recovery

[cryptotrade] 25/9/2019 19:55

The trend is up the trend is good

[valentine73] 24/9/2019 19:43

Cheers Metis

[metis20] 24/9/2019 18:49

Towards the end of October if the past 3 Octobers are anything to go by. Notice of the Q3 trading update was given towards the end of September in 2017 and 2018.

[valentine73] 24/9/2019 17:58

When do you think the Q3 trading update will be? Roughly

[chucko1] 23/9/2019 20:27

Base7, recall that Odey sells as at least one of Hanbury’s funds busts its limits on PLUS. With a 40% rise over the past weeks, and that fact that Hanbury was at his limits at that time, there is likely to be further selling. But it’s not as though he’s less bullish.

[metis20] 23/9/2019 18:50

PFSMSF increased short by 0.15% on Friday 20th Sept - that was about 170k shares Volume traded on that day at around 2.5mn was the largest for more than 3 weeks. PLUS bought back 0.056% on Friday 20th - that was 64k shares sp hardly changed on that day. The contribution PFSMSF and PLUS made to the total traded was v. approx 10% - not very significant.

[base7] 23/9/2019 16:35

You cannot be criticized for taking a very decent short term profit.I bought back @ around 585 but am holding for now,despite the small reduction in Odeys holding announced today & a further increase in one of the declared shorts ,who have done well out of us in recent times