Member Info for MarkBellUK

Great work metis thanks

Q buybacks tomorrow!

I look at it this way. During a dreadful H1 Australian accounted for 15%. I expected that is near max in terms of Aussie use, but I see the rest of the world users (especially ESMA) picking up so would reduce Aussie share to 8-10%. Even if ASIC regulation cuts Aussie revenue 75% ,of 8-10% its a 6-7.5% revenue hit. In share price terms from a +1.7% to a -4.35% today we just lost 6% market cap (CMC went up 1.25%)..its a ******....solution = buy and hold or top up and hold

In theory yes but the MM still has to fulfil all the orders above it to get to the 695

Look up the flipper which was commonly used on the DAX..a technique by which mm's throw on massive orders to draw in others to bring the price up or down, only to pull the order seconds before it hits and place it on the other side of the book

PS they will just use a market maker (or financial institution) with a target...e.g buy 65,000 today..fixed fee no broker

They will use an algo

Tradier is just an api though..the fees are great but I don't think it supports DMA and you still have markets data fed costs etc

Yes dividend cover is -0.04..however last year it was worse -0.22!

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Zcc I will be very surprised it we hit those levels again given the multitude of buying pressure angles...even Exdiv I think they will push on with the buybacks..and shorts will reduce or cover the divi!

…..r£3.3m director BUY!!! They have the genuine inside knowledge and throw masses of their own cash at it!

Hi mate

I don't think the buybacks have started. I'm guessing its people taking profits, willing to take the lower offer price on the spread to sell quick (if you are holding a lot liquidity can be an issue) so you have to keep selling down the offer price of the book

It did bottom off then start to pick back up (from about -4% back to -2.5%)..it was up about 25% on the week so you are always going to get some sell off's taking profits

Tomorrow will be interesting!

Yea its strange today

The order book has been doubled BUY weighted and I cant see any signs of funds/instutions playing with it via heavy batches of constant small sells either....despite the BUY orders the price has been dropping....its definitely getting played with buy I cant work out this time how!

My system is now showing we are into the pre market auction

Crazy isn't it! Second time in a year as well

Im guessing we have had another slight increase from a short position this morning. Crazy at these levels IMHO

RyeBay and Blackrock clearly looking to exploit the political environment even more, oil getting hammered again.

Now it will be interesting to see if they close up slightly their positions pre results, or continue to expand (half year 28/8)

Interested to see if todays rise is a short position slightly closing, or mapping the oil price, or just general PFC volatility /mms etc etc

I think we will now see a good long period of buying pressure. We have a good update, shorts buying back to close and the buyback program beginning..each would give some momentum so as combined this could rocket

Great article Denfos and one with which I totally agree. For me if the fundamentals and underlying business model is good, it only makes sense to go long and hold through the pain. Eventually the stock will balance out

I think long term we will see a very large increase in price so not too worried about divi, although still will be significant. I was very encourage by Artemis Alpha's trust response to their recent visit to the PLUS HQ in Tel Aviv..they up'd their holding and reported their is some very interesting new technology in the pipe line etc etc..I think PLUS is going to blow the competition out of the water over the next few years...