Member Info for MarkBellUK

Time to buy imho

Patience needed this isnt going to happen over night, but I do think up to the next resistance @ circa 380 in around 4wks...maybe sooner

Look for 200 now imho

Morning

Agreed Taverham. For me although profit is down 45.9% (not unexpected) they are still sat on £308m cash and made a profit of £491m!

Things also look strong going forward now with August been a massive month for sales for most homebuilders

Large article in todays TImes which is slightly positive on Plus for once

"Plus500 said that “adding new product lines for our customers is one of a number of avenues for future growth”."

This could rocket tomorrow

108.85

112 in auction live

Same story all over todays Times

In terms of share price movement, whether a takeover is true or not, the interest now created will push this well up

The consensus Broker average is still only 147. I can see it hitting that very soon

Geek its your 5% TAX back

@Pete - Incredible!

Totally agree Daima, this is a cash machine

$0.9531 / 1.312 = 0.726 - 20% = 58.12p

After Israeli TAX I have 58p although depends on the £/$ rate

At this rate we may even finish BLUE!

FED comments are killing the markets, but the order book is pretty well balanced, slightly BUY weighted so Im pretty happy at the moment

Buybacks look to have just started for today

>I think non-Israeli residents can claim back the whole 20% . ?????

Can you point to me where it says that please?

Better than that Jack..its tracking a moving average so the maximum value of a purchase increases from that point everyday!

What we dont know is the maximum price rule ie. 1600?

I cant find another reduction?

I can only find 2:-

The dividend tax as I previously referenced and
"Immediate and substantial benefit to Plus500 Ltd and its shareholders with a reduced Corporation Tax rate of 12% (from the full tax rate of 23%) "

"In addition, the Withholding Tax rate applicable for dividends has been reduced from 25% to 20%. This is also applicable to the recent final dividend for the financial year 2019 paid to shareholders and onwards for future dividends, up to the financial year 2021. The amount representing the 5% difference in the Withholding Tax rate for the final 2019 dividend will be paid to the Company's shareholders as a direct distribution in due course."