Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Not great not having any info on active users or split between customer income and trading performance…it was there last year. It’s a very laconic update.
Superb results , with over half the mcap as cash the p/e is low single digits. SP should climb 20% imv today.
Https://investors.plus500.com/Shareholder#financial-calendar
Yes, and the grants for the following years are way higher than last year's. More than 1 million shares in sum.
However, if these shares are an incentive for the employee's to do a good job and help the company improve its business, I'm fine with that.
Another question: In the document "Grant of RSUs and Ordinary shares awards" it is stated that they will allot
"162,918 Ordinary Shares under the Company's 2024 deferred bonus scheme. The number of Ordinary Shares to be allotted for the 2024 deferred bonus scheme will be calculated based on a price of 1,467 pence per Ordinary Share as adjusted for shareholder returns."
Can anybody explan what that means? If they already know the number of shares, what is the share price relevant for?
I wince every year when I see these large payouts. This year c. £11.5 million, which will take about 1.5 months to buy back that volume of shares.
Not happy.
Now we know why they aren't being cancelled. (see one of today's RNS's). It's only 785,000 of them admittedly..........but........thin end of the wedge imo.
I am guessing ebitda for 2023 to be $320 million.
It will be interesting to see whether our growth in the US is sufficiently material to require separate disclosure in respect of revenues generated there.
How does everyone think Plus's 4th quarter will be?
I won't be suprised if customer trading will be in the negative. the market has had a big bounce in the last 6 to 8 weeks.
I am estimation circa 162 trading income/ minus 15 customer income. ( offset by interest income circa 10)
anything above 75 ebitda I think is a good result. and more than 940m in cash on hand!!!
Brilliant Zwickerl - explains it perfectly. (and I should have done this myself - looked it up) Thanks though. Appreciated.
Sorry, I wanted to write: ... 105 percent of the average share price of the last 5 trading days
The conditions for the share buybacks (see page 3 of https://cdn.plus500.com/media/Investors/Announcements/Plus500_Notice_of_Extraordinary_General_Meeting-2023.pdf) include as one possible restriction to the share price being payed the average share price of the last 5 trading days. In the current rally this might actually impose a restriction. On the other hand, if I understand it correctly, by item (b) (ii) it would still be allowed to pay the current share price if there are other market participants also paying this price.
But maybe they still try to follow item (b) (i), that could explain while on some days they are so cautious with the buybacks. We would have to compute the actual average share prices to verify or falsify this theory.
Has anyone got an idea why the buy-backs are so over the place? This week alone it's been 10,000 one day, then 26,000, down to 3,000 and then back up to 26,000 yesterday. Is that simply a market thing (the number of shares they could get their hands on, bearing in mind other demands for the shares that day) or something else? Just curious, that's all.
If the seller has dried up then there is only one direction this share is going. imo
Broken through the big round number 1500 hopefully building back towards ATHs
Thanks Barry.
Is it true that you can only claim 5% back?
I think you left it too late, you will need a certifcate from HMRC which will take too long, I have the proceedure documented, barry pearlbali com for info
Hmmm, getting stopped out at just below 1500p might have been an error in judgement?
Bloody yo-yo this one.
Has anyone got a link to the paperwork needed to claim back the withholding tax on dividend for Plus 500?
Any advice would be grately received.
I haven't claimed it back in the past but I want to give it a go this time.
AI could certainly help all fintech reduce staff costs!
Online trading provider IG Group said it expects to lay off around 300 employees, or 10% of its workforce, as part of a cost-savings drive. It will undertake other "efficiency measures", including expanding use of its global centres of excellence, and expects to deliver full run rate cost savings of GBP50 million per year. "We want to position IG Group as a lean fintech company and today's decisive actions ensure a strong platform for future growth. We will continuously evaluate and pursue cost efficiency opportunities to create a more agile and scalable organisation," said acting CEO Charlie Rozes.
The company did buy back stock on Thursday. Anyway, great results, showing their ability to generate consistent profits, and continuted progress with diversification, geographical as well as product wise. As it becomes clear that they can build a profitable business in the US too, the share price will need to rerate significantly.
Yep - I was............I didn't want it to................but I just couldn't see a floor for where it was going to end up, bearing in mind it makes no sense for the shares to be at the current £14 nevermind the high 12's it actually got to before, one hopes, sense has broken out in investors.
Where it ends up now is anyone's guess. I still think there's a persistent seller out there. And anyone have any idea why they didn't buy any shares yesterday?
I hope everyone is content with the share price momentum. It was only a couple of weeks ago that certain commentators were talking about it going to £10.
I was just taking the currency denomination from their own RNS John - but sure - turn it into GBP if you want, no bother.