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Last day to buy if you want the dividend. Tomorrow this will be go ex.dividend
classic buy the rumour sell the fact....results day perfect time to buy. Any dip from here is a buy opp IMHO good luck all
No PLUS never traded FTSE100 till I open positions ,neither were trading CAC ,DAX and still don't only FTSE100 , after i started open positions on .till them 9pm ,was the closing time till 7am ,,,IG traded it all along all Europeans Indices,but plus NO ...Never before ..And then they started closing at 9pm and open back at after midnight ,around one o clock in the morning ,,,
well i did not see such a strong bounce back on the cards. to be honest i thought there would be a huge bounce back after the Q3 numbers if the ARPU showed itself in that update. could be PLUS buying back their own stock?
However, IG trade FTSE overnight and did so before PLUS I believe
Right - traders getting prepared for post Brexit vol, which evidently there was lots of, but not enough in the time frame to be captured by Q2 APRU. It will be interesting to see in Q3/H2 if deposits + volatility = high ARPU......it should be think the market wants to see proof.
Right - traders getting prepared for post Brexit vol, which evidently there was lots of, but not enough in the time frame to be captured by Q2 APRU. It will be interesting to see in Q3/H2 if deposits + volatility = high ARPU......it should be think the market wants to see proof.
I disagree. That is not true. Q1 churn 20%, Q2 37%. Quarterly churn rates 2015 were 31, 48, 35 and 37%. I agree however that this is a focus at the company. There is even a call centre planned, among other retention tools.
The key data point from H1 is that the level of customer deposits shot up in June. New customer numbers in Q2 were fine and AUAC was fine, but ARPU was well down on Q1. The company explained this by saying it was a timing issue. The spike in deposits would seem to me to indicate that this is indeed the case.
B,D,W I have the emails to prove they scam the platform overnight ....They even started trading the FSE100 indice overnight in order to rob my money ,till then the FSE100 indice was never traded overnight ,,,
H1 figures seem about spot on vs expectations, given the modest sell off (sell the news). The divi and potential buybacks will support, but think the market now looks for confirmation of improved customer ARPU, customer retention and now expectations for Q3 and H2 16 performance. It is jam tomorrow as someone commented. If they deliver in H2 then you have the double whammy of re-rating towards the industry average valuation, and the growth in earnings. It will take some time, but expect shares to move higher as we move through H2 as market derisks this growth stock - it is still super cheap for the growth and cashflow generation.
I was using financial years, as you suggest.
Satisfactory results cautiously prepared, IMHO. Sustained dividend growth should be reflected in a upwards re-rating. Probably won't happen though, whilst shares continue to be traded on AIM.
Bgw seems that plus500 have been working hard on churn rates too. Seems to have fallen significantly with the introduction of a live chat function
Pidlan, did you read the whole thing? It's a jam tomorrow situation. Earnings are a little down as customer acquisition was higher than expected. As customer acquisition cost is expensed up front and revs from said customers are only booked as they earn it. They have actually signed up more than they anticipated and are nearly at full year new customer target. Also stated these new customers are high value. I am pretty pleased with progress as they said without extraordinary new customer expense, margin would be around 50%!! The full year will obviously give the complete picture but Q3 update will give us a flavour.
Perhaps not as good as I expected. Are these results going to see us break 750 and open up into a new price range? I hope so!
bgw1970- how are you comparing PLUS figures with those of its competitors? IG's FY14 presumably refers to its year end May 14. Yet PLUS500 has a December year end. So, if PLUS500 ARPUs were 55% of IG in its year ended May 14, precisely what period of PLUS 500 accounts are you taking to make the comparison?
Going backwards, Q1 churn was 20%, Q4 37%, Q3 35%, Q2 48%, Q1 21%. It is a high churn model. Note however that some customers are a lot more profitable than others. Everyone int he industry talks about the 80/20 rule. CMC and IG have lower churn rates and much higher ARPUs. Plus500 ARPUs were 55% of IG's in FY14, e.g. # If Plus500 managed to go upmarket then great, but that's not the model.
the more i think about it the more i am convinced of strong results. re: village idiot --> i have filtered him out! I have heard too many of his rants. IF he has genuine issues this is not the forum to repeatedly shout about it.
....when the Dow is closed for labour day so we. Should have a free run. I'm expecting strong results. Has anybody reported the village idiot gige? His comments amount to slander.
testpack3 - I agree 59-61c in H1. You realise expectations are for 100c for the full year, and that they will have to go up 15-25% after these results, in my opinion.
My take is this Rev H! $175M EBITDA at 40% = $70M EPS = 61c Divi @50% for H1 = 30.5c = 23.3p If P;E was in line with peer groups then sp should be £10+. The Market is still wary of this company. gige, you have a lot to answer for. lol.
You sound like a very sore loser gige, and no-one is listening. I'm sure if you have a genuine complaint the co will respond and act on it. If there are issues on the co not re-leasing shareholders money, I am certain there would be more than you as a cry in the wilderness.
Hi monkey, thanks for your inputs much appreciated. below i assume ebitda margin of 45% and revenues in Q2 to be 75% of what we achieved in Q1. That is the same ratio as 2014, 2015 results disturbed with reg mishap. so as you say if ebitda margin or revenues beat these numbers we should have some positive momentum revs in Q1 = $85m. revs in q2 = $64m. (75% of q1 revs, this is ratio from 2014). therefore H1 revs estimated = $148m. ebitda = 66.6m (assuming 45%) shares in issues 114,890,000. EPS = 58 cents. Div (if 60% payout ratio held which is likely) = 35cents. Div in pence = 27p FOR THE HALF YEAR ONLY
Shut them down FCA,,Muggers peoples screaming for their money ,and this crooks are not give it to them to boost their money books ,criminals