For me this is a strong buy on top of those I already hold
From their website...https://www.cmcmarkets.com/group/investors
Financial calendar
20 Jun 2024
FY 2024 full-year results
27 Mar 2024
FY 2024 pre-close update
16 Nov 2023
H1 2024 results
27 Jul 2023
Q1 2024 trading update
13 Jun 2023
FY 2023 results
PH & Jefferies both clueless
They had SELL's on PLUS for about 5 years when they went from £2 up to £18!
The dont like/understand this type of business model
CMC Markets Plc : RBC raises target price to 240p from 190p
CMCX is starting to feel a bit like PLUS...i sold about 2,000 shares of PLUS (stupidly) when slightly up at £2.30..look at it now
I think I will hold these for a few more years and see (hopefully divi will increase) ..Although if I do sell they will then be £6 in 3 years time for you guys!
I wish mate; my average is slightly higher than yours! and I have far too many of these...not quite sure how that even happened to be honest
Fyi
CMC Markets Plc : Peel Hunt raises target price to 220p from 200p
Thanks Mick
Thank fu....
;)
Me too dedino and will continue to buy
>There's nothing to suggest
There is if you understand Technical Analysis
Chart
https://ibb.co/pz8Vnn6
The chart is looking much much better. If we can push through the sell zone I have between 175 to 195 it could well retrace back into the 240 zone
It is starting to look like most of the sellers have dried up (at last!)
CMC Markets Plc : Jefferies raises target price to 127p from 75p
CMC Markets Plc : RBC raises target price to 190p from 150p
Looks like Shore Capital have upgraded from Sell to Hold as well
Starting to look good
CMC Markets Plc : Peel Hunt raises target price to 200p from 140p
CMC Markets Plc : RBC raises target price to 150p from 140p
Moving in the right direction but still way of true value IMHO
CMC Markets Plc : Peel Hunt raises to buy from add
Realistically this has been sold of since Aug 21! That means aside from the day traders, most of the sellers have hopefully sold long before now, hence 24% up on decent news
Just wait until the yield increases, to reflect the increase in profit distribution and then the overheads normalise
ShearClass stop talking sense ;) Some people simply wont listen or learn