Plus500 Share Discussion Threads

[chucko1] 15/1/2020 17:09

I think Philly have found this pretty tricky to trade. And have made very little, if anything out of this even though they have had a short bias since 2014. They caught it right when it fell from 1600p to 1100p over a year back, but added to the short at 570p a few months back, which has cost them 60% including divs. Like the analysts, not sure they really have much of an idea (or if they do, as we have all read, not great ones).

[markbelluk] 15/1/2020 16:18

Thats the question Stoxx and its a quandry tbh..here's the mix Based solely on fundamentals we are in the region now, but depends on dividend. We have nearly 9% total short so a massive amount of buying pressure as these reduce, especially if dividend is circa 65p on results as forecast so could easy rocket to 1200 and dont be surprised if their are more director buys around the corner PS Technically I have resistance at 955 (which we've just bounced off) but once through Im getting 1145

[stoxx67] 15/1/2020 15:59

whats your price target, on a fundamental basis, given recent results #markbelluk

[markbelluk] 15/1/2020 15:56

Large reduction in short on 14/1/20 by Philly reducing 0.21% to hold 0.77% short #ShortsGettingSweaty

[costax1654x] 15/1/2020 10:19

orm mcap 3 mil,cash 6 mil,no Debts!Plus Gold assets!Distressed Seller due to the sale of tungsten mine(clear our debts and we received 6 mil extra) need shareholders approval

[chucko1] 14/1/2020 17:17

I think Plus continue to buy their own shares because they have decided not to buy the opposition. They don’t need to as a healthy part of the opposition is folding, something which is becoming apparent in the numbers. This was pretty well part of the Hanbury thesis. This might also bode well for CMC and IG, though I have no positions there.

[chucko1] 14/1/2020 17:13

The perception of the market, right now, is that it’s worth 950p. Tomorrow, that perception might change. If we knew what tomorrow’s perception was going to be a priori, then it would be today’s perception with a different price. But we don’t. Neither you, me, mnomis or Bob Dylan. This stock has been anywhere between 200p and 2,100p the past 3 years. One thing‘s for sure - the analysts really have no idea. Hanbury seems to have a good call on it - he added at around 700p a year ago and it appears not to have sold (rebalanced) ever after. Earned decent dividends at the same time. My own view is that it is about right at this price. I sold my purchases of last year at a maximum of 940p. But I still hold via Hanbury’s fund as his analysis is still strongly positive.

[mnomis] 14/1/2020 16:41

It's worth 950p per share last time I checked ...

[fxprotrader] 14/1/2020 13:27

It will always look expensive. It's worth nothing

[nimbo1] 14/1/2020 13:26

bought a few here this am due to SCSW pick - not an original methodology but seems to work very well!

[nw99] 14/1/2020 12:37

Stock could trade 50% higher and still not look expensive

[johnrxx99] 14/1/2020 07:29

If some banks, allegedly, are in trouble with uncovered debt, I'd have thought this may be a good place for a few months. The level of the price is irrelevant, assuming it's not decreasing.

[shaker44] 13/1/2020 23:53

No I won't take any off the table at 10 quid. Go with the momentum. Still way undervalued in my view but dyor

[ellist1] 13/1/2020 21:55

CMC markets also shooting up today..

[nw99] 13/1/2020 20:28

After the golden cross 11 is the target

[mnomis] 13/1/2020 20:06

Take a little off the table at £10 or let it ride?

[black bird] 13/1/2020 16:07

look to the fundamentals, founder buys , buy backs ect. a good share for me.BB

[montynj] 13/1/2020 12:37

This stock is also one of sharewatch naps for 2020

[nw99] 12/1/2020 12:02

Excellent we are in good company then

[chucko1] 12/1/2020 11:56

Er, no - Odey own a large slice of the company and is the largest holding in James Hanbury’s Odey funds.

[nw99] 12/1/2020 11:07

Odey will cover short soon rocket ?

[chucko1] 12/1/2020 10:48

Odey continue to be more positive than the analysts. The latter have never shown any understanding of the long term issues important to PLUS.

[tomv33] 12/1/2020 10:37

This is in scsw top 10 shares of 2020