Member Info for MarkBellUK

>After the upgrade, the four analysts covering Plus500 are now predicting revenues of US$574m in 2020.

GET A GRIP! "Q1 2020 revenues up 487% to $316.6m compared to the same period last year"

Q2 will beat Q1

So they are saying 574- 316 Actual = 258 for Q2 + Q3+ Q4 = 86 per Q...I beat we did 86 in the first week of April!

I didnt say you shouldnt be trading it? I said Im not trading it!

Im not trading it mate, ive very heavily invested in it

For me its too volatile to trade, yet when you lift off that volatility lid under neath you will see something thats going to shoot up very quickly (again). I dont want to be on the wrong side of that for a few grand trades here and there

My guess is 2020 will be their first billion dollar revenue year

My estimates given the forecast revenue, operating margin, pledge to return at least 30% in dividends (50% of 60%) etc gives a MINIMUM of £1.34 a share

From ADVFN

https://www.google.com/amp/s/www.forbes.com/sites/roystonwild/2020/04/28/income-growth-and-value-i-think-you-need-to-buy-this-soaring-6-dividend-yield/amp/

OliG I think we are genuinely looking at a billion revenue, or at least 950m+, for 2020, which is 280%+ of 2019

Agreed although they may just massively hike the interim (2018 interim 1.38)..2018 was

21st February 2019 $0.62 Final
23rd August 2018 $1.38 Interim
22nd February 2018$0.64 Special

...BUT the key is "Revenue from Customer Income1 in the first half to date remains at record levels, "

which means we are blowing the record H1 revenue from 2018 out of the water (total 2018 revenue 770m)

Im going to GUESS out on a limb here saying that with 2020 Q1 being $316.6 million (+487%) I think 2020 q1+q2 will be greater than FY 21018

And let not forgot the directors buying patterns..I GUESS there will be another large round very soon given:-
28th Feb - TS ahead for quarter
3rd-9th March - Directors buy 0.75m
16th March - TS ahead for quarter and full year
17th - 20th March - Directors buy 2.3m
28th April - Another storming TU
X ? - Directors buy Xm

Im not sure we can say "not to be repeated," when 2018 was very close and now PLUS has more customers

With all the IG platform issues I can see retaining the large customer base (and poaching many others) so revenues for 2021+ will be significantly increased on 2019 and more inline with 2018

LIBERUM RAISES PLUS500 PRICE TARGET TO 1680 (1500) PENCE - 'BUY'

MrNation I was doing the math last night and even at £20, with a 2020 revenue of $950m the PE is still only around 6!!!

I think even higher now. I did think 1400, but this years revenue / profit will blow 2018 out of water, and the SP hit £20 in 2018. The only question is the dividend. I have a minimum of $1.34 which is double this years payment, but behind 2018, BUT that is a very minimum calculated using the least they specify to distribute via dividends (excluding buybacks). This could easily surpass the 2018 divi total of 1.69

Also as I previously mentioned the backdrop favours PLUS much more this year too " i.e How many other companies are still paying dividends, 10-15%?, how many with significantly increase dividends this year 5%?..how many will introduce a special d this year 1%???"

Definitely across all markets IMHO, I dont think we've seen the crash yet

I do however think PLUS will counter that strongly. ive sold everything aside from this, so here's hoping

Im expecting a trading update from PLUS next week

Or director/s buys...

Or institutional buys..

We havent even had the next good trading update, dividend increase, or special dividend announced yet!

Vulcan its very difficult as there's nothing more than gaps all the way back up now

Technically I have 1413 as the next main resistance (if through 1143/1200) then you are looking at circa 1600 and then nothing really to a max of 20+

Fundamentally its also very strong. Revenue for the max SP of 2018 was 720m I have 2020 over 950m

As if this isnt enough the market backdrop is now very different and strongly favours PLUS. i.e How many other companies are still paying dividends, 10-15%?, how many with significantly increase dividends this year 5%?..how many will introduce a special d this year 1%???

another big buy coming in...Im GUESSING it could be another director top up