Member Info for MarkBellUK

oops best rename ;)....

https://ibb.co/L8cYc3G

Looking at the data for PLUS revenue the main problem they have is that last year was such a success!

Here are the trade estimates:-

https://ibb.co/4dM9yvw

Thanks Giro

May I ask how you are tracking their buybacks?

...still waiting

Bluelight is here watch out guys!

Any idea on the forecasts for the results?

Thx Zcc

is that a definite Zccc do you have a link? I cant see anything until Monday 12th August, 2019 (Estimate)
Half Year 2019 Plus500 Ltd Earnings Release

Thanks

">Being a personal opinion doesn't make it any less true "

But it does make it less objective. Unfortunately now adays its better the devil you know, Just look at parliament and the commons...

Well done JL at last some sense!

RxDiv..I will be going in at some point. I did have a decent amount bid in the pre market auction at 68p but bottled it and pulled it seconds before it crossed

For me this is not an academic exercise this is a buying opportunity and I will hit it with a 6 figure sum soon

IMHO its impossible to call but watch those short positions closely. There are 2 approaches here for me. The one money week describe where you wait for a rebound (IF) or the one I prefer where you go in at low level knowing it might drop future and be painful but you are in (after thoroughly checking this is not a Carillon etc). The reason I prefer this approach is that if you are not in as its starts to climb you end up waiting for a good entry point, a down day etc etc and sometimes they never come and you procrastinate for so long you lost 25%+..its all personal based on character etc.. Im used to operating at -10% even -20% waiting for a rise

fyi I do not hold a short or long position yet in SAGA

I would never use a stop limit on ANYTHING. You are playing right into the hands of the mm's and funds..especially at this level of volatility

In all this negativity you need to remember that their target audience is growing. People are living longer. If they can reduce there prices to be more competitive their numbers will fly. Generally the cruise ship market is growing as well. Branson has just launched the Virgin voyages, starts NEXT year and is mostly sold out already!

https://www.investopedia.com/terms/g/goodwill-impairment.asp

Rx you did answer of my questions mate!

In answer to yours, broker views are estimates, forward facing valuations based on future performance against actual fundamentals. More times than not a share price over time will reach a target value which is a median of all brokers, unless there are expceptional circumstances.

The share price at the minute reflects a panic sell off due to reduction in dividend, profit warning and reduce net profit and factors in an exceptional good will payment etc etc. It is not a reflection of future profit which the brokers are attempting to calculate and reflected in theirs note / valuation

fyi My calculations are giving me valuations closer to 90p but what do i know ;)

Petrofac Ltd : Morgan Stanley raises target price to 720p from 700p *

Oil field services: market missing opportunity, chase it! – MS
#
* Morgan Stanley suggests buying oil field services companies (OFSs), saying the market is too pessimistic about global oil industry spending because of its focus on capital discipline at international oil cos (IOCs) and U.S. Exploration & Production firms
* MS expects international upstream spending to accelerate, adding more than USD 100 bln to global spend by 2022
* It raised profit targets for TechnipFMC (top pick) , up 6.5 pct; Petrofac , up 3 pct; Saipem , up 17 pct; Subsea 7 , up 7 pct; Hilong up 40 pct
* MS adds directed spending at national oil companies (NOCs) is twice that of IOCs and expects the segment to grow above the industry pace in coming years
* JPMorgan says that Saudi Arabia represents the biggest single revenue opportunity for OFSs as the country executes on more than USD 50 bln of recently approved projects
* "Saipem is a preferred option given the multiple strands it works on in Kingdom, giving it access to the biggest potential revenue scope" says the broker
* JPM also says Tecnicas Reunidas is set to benefit most from the roll-out of major contracts for onshore engineering, procurement and construction (EPC) in 2019 and petrochemicals in 2020

I think its easy to dismiss Broker views but there's a lot of work goes into their calculations and literally hundreds of people in some analyst departments. I used work alongside many and actuaries.

Have you analysed the fundamentals ? How do you draw your conclusions that their estimates are not accurate? What is your estimation based on actual's?

Yesterday Peel Hunt issued a BUY @ 180 and UBS a BUY at 150

Remarkable given the given Brexit climate!

Even TW has held well today exdiv which bodes well for the us later this month (Brexit happenings excluded!)

the saga of luckyman

Sorry couldnt resist!