Member Info for MarkBellUK

LOL Zcc..i have a rule as well..whatever the MF suggest do the opposite! Maybe for once they are right???

Dogger ive only ever done with TUI I think, attempt to claim the divi tax back from Germany. It was such a ball ache I gave up..I do remember HMRC being helpful!!! Worth calling them they will point you to the forms etc

If you are way past that I'd get II to clarify, they may well be able to give you an external reference you can use on that form to transfer into

Definitely lilo, nothing new, in fact if anything its positive that the figures are in line with expectations and lots of tenders for the next period.

The SP is simply getting played with my traders, funds & institutions..no doubt many of which have indirect ties to the SFO!

Reuters "We continue to enjoy excellent relationships with those clients and indeed with all our clients across our portfolio ... I want to make quite clear that we have not been banned from any territory in our portfolio," Cochran said.

(Chief Financial Officer Alastair Cochran)

Definitely not blacklisted in Iraq?

"We have secured US$0.1 billion of awards and extensions in the year to date (1H 2018: US$0.5 billion(3)), including new awards and contract extensions in the UK North Sea, Oman, UAE and Iraq."

Im pretty pleased with the update, in line and forward looking positive (although its net debt not debt!)

lilo first half backlog is only down to 1.7 from 1.8

Definite large buying support...53,500 volume fulfilled then 30,000 vol buy drops straight on at 603.6

Today is the first time ive seen several large orders coming through on the buy side of the book (e.g. volumes 53,500..multiple 10,000's now sat)..book is BUY weighed..wonder if the buybacks have started or if another fund is increasing pre buy back??

" Expected as Saudi and Iraq have blacklisted PFC until the SFO investigation is done with"

Was this ever confirmed? I cant see it in the update?

backlog only slightly down, everything pretty much in line with expectations (EPC backlog up 23%)..good to see debt now just at $100m

For all you chartists the last 3 days (excluding today) have formed the rare 3 stars in the south candlestick pattern. This is a bullish reversal indicator with a very high ranking of fulfilment

Very few instances of this pattern emerge and nearly all lead to reversal

Was that Barclays as well Jan..what was the issue?

Sounds like youve been over leveraged

No problems with dividends they've been settled nearly a month ago

fyi dates tie up with stockopedia

Monday 12th August, 2019 (Estimate)
Half Year 2019 Plus500 Ltd Earnings Release

Knowing how sneaky these directors are and given they are looking to buyback over 11 million shares, i'm guessing they are holding back on an improved update as long as possible to suppress price as long as possible whilst buying back!

Looking like a good move to me at these numbers...ive been waiting over 2 months now for an entry point!

Are you in Poker?

When I see someone is liking every one of their own comments, alarm bells ring ;)

The AGM is the 18/6 when is the update? I can find reference too it anywhere??

Can anyone explain the first two resolutions in relation to the third? i.e are the first two raising the cash to buyback as per resolution 2? Confused!

As special business to consider there are three more resolutions:

The first of them seeks to authorise Plus500’s directors to allot and issue up to 5,666,838 Ordinary Shares (representing just under 5% of the company’s issued share capital) for cash.

The second resolution seeks to authorise the directors to allot and issue up to 5,666,838 Ordinary Shares (representing just under 5% of the company’s issued share capital) for cash. Such authority is to be limited to the allotment of equity securities or sale of treasury shares, to be used only for the purposes of: (i) financing (or refinancing, if the authority is to be used within six months after the original transaction) a transaction which the Board of the Company determines to be an acquisition or other capital investment of a kind contemplated by the Statement of Principles on Disapplying Pre-Emption Rights most recently published by the Pre-Emption Group prior to the date of this notice; or (ii) reducing any debt service costs the Company may incur in the future.

The final resolution to be put to vote is to authorise Plus500 to make purchases of up to 11,333,676 Ordinary Shares (representing just under 10% of the Company’s issued share capital) for cash, provided that...

Looking through todays trade and the weighting of the order book it looks like funds /institutions are playing with this more than usual

CMC's updates was more positive than expected they are you 1.57% probably why the shorts are getting sweaty