RE: PLUS8 Apr 2020 19:18
Hi fire, they are obviously unbelievable. They tend to make more than IG in volatile markets because they profit from client losses whilst IG doesn't, this is because ig hedges it's positions, plus often doesn't. That makes their business riskier but when they get it right the earnings are unreal.
They pay 60% minimum divided so the forecast payout for the year will far exceed £1 per share. The yield for this year will be over £1.50 per share. Depending on volatility, they could be paying £2 per share, easily. At under £11 per share that is 18% yield so it's a pretty safe bet but the risk is calm markets (unlikely). IG earnings were far better in relation during the calm markets in 2028-2019. I've not bought their stock but have gone long. Minimum I'm looking for is £13 per share. No trade is without risk, but both IG and plus are looking good.