Plus500 Share Discussion Threads

[metis20] 06/5/2020 07:19

First time yesterday in the current round that PLUS bought back above 1300p



About two-thirds of way through the current max.US$30mn buyback.

7.2% of total shares in issue have been bought back since the share repurchases started in 2018

(bitcoin soaring?)

[sif12] 05/5/2020 10:05

finish above 1300 would be great

EDIT.. is someone taking the mick? :) ive got 1298.5

[rose_by_another_name] 05/5/2020 09:53

If you have him filtered, how do you know
I am "engaging" with him? I occasionally
post my own musings without external
prompting.

[rose_by_another_name] 05/5/2020 09:11

And back up. We can play all day, but the point
that the resistance level was broken.

[fxprotrader] 05/5/2020 08:29

bust back down through it lol

[rose_by_another_name] 05/5/2020 08:26

Got this in email from Plus500 (I have a demo
account):

"Plus500 - the No.1 CFD Platform in the United
Kingdom*, according to Investment Trends.

* By total number of relationships with UK CFD
traders. Investment Trends 2019 UK Leverage
Trading Report."

[rose_by_another_name] 05/5/2020 08:21

Bust through the 1300.

[fxprotrader] 05/5/2020 08:03

it doesnt matter day to day. I have my short term targets and i always leg in anyway

[galileo8] 04/5/2020 22:11

I don't think you will be shouting about that trade tomorrow!

[fxprotrader] 04/5/2020 17:32

I shorted at the end of last week, you will need to read back

[jw330] 04/5/2020 17:18

Fxprotrader I'm still waiting for you to me when to short these shares man. Come on!

[rose_by_another_name] 04/5/2020 16:39

That's what he just said.

[fxprotrader] 04/5/2020 16:28

There is no comparison to IG

[jw330] 04/5/2020 16:27

Im looking at ig financials as a comparison and don't understand why people would want to invest in that. As a cfd provider plus500 blows them out the water. I think if I was a ig shareholder I would sell up now and buy plus500 before our results come out and they have major regrets lol

[the white house] 04/5/2020 10:12

I would suggest that April's numbers are in...either internally or externally (via LSE or suchlike) and they look very good.

[racksisthedon] 04/5/2020 09:44

keep talking it down you loss making fool fxpoostabber

u really are such a born loser

[djokovic1] 04/5/2020 09:43

Agreed with all that Galileo: including that we know for a fact that Berenberg's numbers are clearly wrong and artificially low.

Slightly more longer term, what could lead to a big rerating is the number of active customers on a sustainable basis. Right now it is priced as though that number is 100k (back on 2019 levels). However, I think that number will likely be higher (possibly significantly) due to reasons discussed before on this thread.

Also we likely will continue to have higher than normal activity as even as they lockdowns are eased people will continue to work from home if possible for the next few months as evidenced by the FT article that points to government guidelines

Right now its priced for everything going back to 2019 levels today, and even then I think you have a margin of safety. So everything else (higher vol, big div payout, increased retention etc etc) is significant cream on top.

[t 34] 04/5/2020 09:30

In the meantime the price action speaks volume .