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JBatch have you read my posts below?
This from another board:-
djokovic119 Feb '20 - 09:15 - 21614 of 21616
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I think the selling might be (apart from due to Berenberg) as some don't want to hold it through the ex-div date (due to tax) and buy it back after the ex-div date. Have seen this pattern before of weakness pre-div and strength post
markbelluk19 Feb '20 - 10:02 - 21615 of 21616 Edit
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DJ I was just thinking the same
Bulltradept technically I have it bouncing twice off resistance at 955
I dont have support until 817 though
bulltradept19 Feb '20 - 10:07 - 21616 of 21616
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Exactly.
Okay you were kinda thinking i was some sorta dumb-bo thinking shares could drop to 7s. No answer yet on Mr. B which is heading towards a likely scenario. There must be some thing, maybe theyn do have their fingers on the pulse. I for one have just lost money so should have gone with my gut instinct. that's investing i guess.
I am not at all negative on this share but would like to know why the price is falling and why Mr. B predicts 8.10 or below. my reason for 7 is just the trends this share has taken in the past 4 years I have invested in it. I can tell you nothing more than that
"Okay so the B team are idiots, crazy blabla, could some one give a reason as to why they believe what they believe."
Its a good question...I GUESS what they do is calculate the estimate net profit and then retrace the SP to a period in time when the net profit was similar to that estimated and base their target Sp at the price, but then factor in dividend increase EPS etc
The problem is as a broker once you've given a price you cant then increase that price whilst at the same time forecasting a revenue drop. This is a complex market and I dont think any of them understand enough to even quote
Why payout 100% of profits ? because this year is going to be even better than last year !
Why payout 100% of profits in dividends/buybacks? Because they already have a healthy cash pile and adding to it is of little benefit. If they did find an acquisition which required more cash than they have I'd presume they'd simply take on some short term debt, retain the dividend and end the buybacks.
I bought in a week or two ago after many years of buying many different shares for many different reasons. I have now decided to just invest in companies with no debt, profits and a dividend. The main negative I can see is that profits will be highly variable and could go up and down like a fiddler's elbow.
I could not agree with you more. Okay the Revenue fell, but it was not significant. The B team stating that the price is around the 8 mark, does not tally up with what we are seeing. As I mentioned that PLUS have now bought in at a higher price. I for one am a strong advocate of Plus500. But I for one have also (as I mentioned) made a lot and lost a lot. Was the large fall we took valid before.... no of course not! but still happened. My reasoning for 7 ish is that I can see this continuing to fall and I would not be surprised if we do hit the 7s which is crazy cheap. If it does not and rises then like you guys I make money so am happy, if it falls I will buy a whole load more and say thanks.
Okay so the B team are idiots, crazy blabla, could some one give a reason as to why they believe what they believe. is there some news we have not heard of..... or are they normally down on this share. As I said just 2 days prior another analyst suggested 1.000 that is a massive difference and we did not shoot up to 1.000.
Sorry I just lost so much on dead certs.... and I now this is a license to print money share. But why are they giving 100% of the Divi and not doing something more logical within? granted I am certainly not complaining just curious we could call it.
Re the reasons you gave highly logical solutions and hope so. Really I wanna see 3,000 on this baby to get back some of that money I lost. invested in HNR as well..... bad news!
So here's for a rise tomorrow or a great buying opportunity!
JBatch Im not sure how you arrive at another price collapse to 7 or less?
I think Friday we saw either a short increase (in the face of an overall large reduction from 5.5% to 3.74%) over the last 6 six weeks
Or its one of the largest funds who hold long reducing slightly
Remember the buybacks are active and I have a sneaky feeling more director buys are around the corner
Berenberg cut from 810 to 790 shows how clueless they are given they also state result, " expects Plus500 to generate sales of USD359 million, down 4.6% from USD376 million forecasted previously. Earnings before interest and tax estimates were also lowered, to USD183 million from USD199 million, resulting in earnings per share estimates of 138.04 cents versus 140.00 cents seen before.
EBIT of USD183 million on a MCAP of £956m with $300m Cash
Those are very strong numbers against any company in any sector. PLUS is a cash machine
Apologies at the state of the post. I should read before hitting send as you cant edit!
JBatch Im not sure how you arrive at another price collapse to 7 or less?
I think Friday we saw either a short increase (in the face of an overall large reduction from 5.5% tp 3.74%) over the last 6 sixs
Or its one of the largest funds who how long reducing slightly
Remember the buybacks are active and I have a sneaky feeling more director buys are around the corner
Berenberg cut from 810 to 790 shows how clueless they are given they also state a result, " expects Plus500 to generate sales of USD359 million, down 4.6% from USD376 million forecasted previously. Earnings before interest and tax estimates were also lowered, to USD183 million from USD199 million, resulting in earnings per share estimates of 138.04 cents versus 140.00 cents seen before.
EBIT of USD183 million on a MCAP of £956m with $300m Cash
Those are very strong numbers against any company in any sector. PLUS is a cash machine
Ouch poor squirrels, but hey this is nuts!
Be honest, I have been trading and watching this share for a couple of years or more!!! It has dropped to 5,00 and risen to 2,000 which to be honest is pretty much 400% profit or 75% loss depending on which way you look at it. I have been hit by both. Great going up and sickening as it falls. Mr. B has just announced a price cut to 8,10 and hold yet a couple of days prior a 1,000 came out with buy..... so what has happened inbetween.
Profits have fallen, last time this was announced the share price was trashed and obviously the new laws on CFDs..... probably because the value of this company is kinda vague. Does it hold large assets, well,ma cxxx loada their own shares which they are still buying (remember they are also taking a hit..... or are they) they do seem to be buying on the lows which no one else seems to be able to get though averaging on the highs. They have said they are going top pay out all profits to share holders which of course they are a major one.
One would be be forgiven to think that possibly the big fall is being instigated by Plus500 themselves as lets face it the more this baby falls the more shares they get to pick up and of course the more of that Divi goes back into the company. Then of course after the divi we see a great rise on the price to 1,000 which means P5 get a nice little earner to back up their cash generating machine.
So I guess my question is ...... ( I for one by the way have no issue with the price collapsing as I too am just waiting for it to bottom out probably in the 7,00s or even 6s again) (no I am not shorting and actually would not know how - any offers on info greatly received). Any back to my question........ Why are they handing back all the money of which the largest chunk is based on share buy back.
1. Because they believe the share price will rise to 2,000 again so will mitigate any losses or reductions in other areas?
2. Protecting themselves from buy out?
3. Planning on going Private again and keeping all the money for themselves?
4 Building up a stockpile of money in shares to use to buy another company?
5. Another reason?
Any offers and admittedly I actually do see this hitting 7 and possibly 6 over next week. Okay maybe 6 far fetched but then so was 5 before from 2,000 if you catch the peaks and troughs you can become a millionaire quickly if you do not (bit like me) you can lose a small fortune..... massive for me but small for many of you guys, I guess)
What do you guys reckon? (by the way a 9 months from now 2,000 again
That made me laugh out loud. I'm nicking that.