Plus500 Share Discussion Threads

[djokovic1] 05/3/2020 15:13

Added 25% to position today, now going to wait for Q1, unless it goes to 900 to get some more. Added because:

a) Consistent insider buying even at current levels. This is a simple business, they know how Q1 is looking and what the numbers will be (based on current run-rate of course). Their record has been a 100% on timing buys and sells as far as I can remember.
b) Volatility looks set to continue for a while unless we find a vaccine in the near future + US election volatility + rate cuts
c) Google trends shows an uptick in searches for Plus500 (as one would expect) but good to confirm the increased activity
d) Still cheap valuation with a lot of cash in the bank
Edit: and e) Not that it matters much to me what they do, but shorts seem to concur as short interest has dropped consistently since Oct'19

[base7] 05/3/2020 12:32

Probably not record breaking (we had the mad short lived crypto boom which will be a tough act to follow ) but clearly an excellent quarter & our growing cash pile will ensure an increased first half divi & a continuation of the buy backs.
Should our share price slip back before first quarter results I will be buying more

[cfro] 05/3/2020 09:47

The directors have bet heavily in the last few days. I very much doubt they have done that to lose it.

Volatility in the markets continues. Q1 set to be a record breaking quarter for the company.

[thefartingcommie] 05/3/2020 09:31

fyi...

2020-03-05 09:30:06 938.60 42,530 Buy £399,186.58 O

[interceptor2] 05/3/2020 09:23

The directors here have always timed their transactions to perfection, almost like they had a crystal ball. I don't trust the directors here at all and would take what they say with a pinch of salt and always think about what they are not mentioning.

But I guess you can only trust them in as far as their holdings and transactions, so to make money here just follow what they do.

BTW, I wouldn't follow the non execs, only the main directors who really know the outlook.

[fxprotrader] 05/3/2020 08:25

no it isnt

[mr roper] 05/3/2020 07:56

Agree. Directors have an exceptional track record of timing their buys/sells. Tie that in with the last update and it's a very positive indicator

[interceptor2] 05/3/2020 07:35

Another director buy announcement this morning, a good idea to follow the main Israeli directors here who have always timed their transaction well.

[1smallcap] 04/3/2020 10:28

I'm back in after a while on the sidelines. One of the only companies who are almost guaranteed to benefit from market volatility and a £5m purchase from an insider confirms this nicely.

[essential] 04/3/2020 09:01

Bought back into these. Not many shares been gaining the last few weeks like these. Relative strength is amazing. Strong momentum play imho

[cfro] 04/3/2020 08:52

Added again myself this morning.

Market volatility every day so they must be seeing a huge increase in customer activity. Doesn't look like abating anytime soon either.

[base7] 04/3/2020 08:40

Directors presumably anticipating (& they should know) substantially increased profits ,increased dividends & continued buy backs & ,presumably ,continued market volatility until Covid-19 is considered to be under control

[interceptor2] 04/3/2020 08:13

Directors have timed their buying and selling well in the past so a good idea to follow their lead. I added this morning.

[valentine73] 04/3/2020 08:06

Tenner today, suspect will cruise past

[djokovic1] 04/3/2020 07:40

Sounds like Q1 is going amazingly well, must be well above expectations for management to buy in size here

[bjfanc] 04/3/2020 07:07

Will we see 10 , again today?

[hatfullofsky] 04/3/2020 07:06

Big buy from Alon Gonen £5m worth

[russ1983] 03/3/2020 17:34

great news but CMC pops 14% whereas Plus yet to take off...

[bjfanc] 03/3/2020 07:10

Director buying and positive trading statement from CMC, all good news.

[thorpematt] 01/3/2020 22:18

I know I have said this before but I still can't see any resistance on that chart until over £15. Just saying.

[dj trading] 28/2/2020 15:59

Cracking TS and opportunity to buy below 900 for those quick on the draw!

[cfro] 28/2/2020 15:28

Well, at this rate they might have to issue yet another trading update on Monday!