Member Info for Oi_Oi_Savaloy

I'm not putting anymore in to this basket case. Time and time again they've talked a good game and then singularly failed to deliver. If there was a way of forgetting about it (bath with a toaster?) I'd do it. Not selling though - in so deep I can't find the 'sell' button without extra air-tanks to come up to periscope depth.........

So CMC knocked it out of the park today.................that hopefully is showing the direction of travel for Plus500 too. And then we've got the prediction market stuff on top.

Hey everyone - this continued turmoil (courtesy of our Yank friends) continues to reverberate around the world...................and this can only mean one thing for Plus500 - excellent trading performance.

Well............let's hope so eh? And pray for the prediction markets to kick in too.

It'll take a couple of days for this to sink in...............so dont expect miracle rises today.........but quietly, over the next couple of weeks I think it'll get to £48 or so. £50 is a majr hurdle............but..........breach that and it'll be £100 next stop imo. Especially in light of the continued buy-backs.

So...............after a lull and the market licking it's wounds after that massive share sale (and check out the timing on that too).............we're going in the right direction again. global turmoil must be good for this share.

Agreed - the prediction market deal could be an absolute game-changer - it might be the stimulant for the move to NASDAQ imo (and the ensuing rerating).

Always felt a curious decision that - why sell out completely? They'd come so far - why sell? Anyway; who cares really. I do feel the timing was, well, stunning, bearing in mind what's happened since, from the Directors. Almost as if they're tied in with the Govt and might have known that things were happening in the background that might lead you to think that now would be a good time to take profits bearing in mind the share price might be at it's highest point, for a year or so..................

Yeah.............that'll never happen (but my god, imagine if it did! We'd all be rich I tell you .........rich!) As I say - it's one of the forgotten shares that I look at out of curiousity now and again to remind myself - beware.

I bouht Igas in, I think (because HL only gives me the history back to 2017 when Igas became Star Energy) in February 2007....... look at Igas's share price then (about £9.............). So..............I'm 99.62% down. I keep the shares to remind me that school acquaintances (I went to school with the FD or MD of Igas) don't make for the best investment decisions :).

I thought it was a bit more prescriptive than that - I think they can choose which exchange to use/buy on but other than that..........it's per the buyback programme's instructions. That's why there's a weird blip sometimes (or v little volume) - it's all done off the 7 day average.

Star energy should be ashamed of what they've done to shareholder value..................I think I'm 99% down on this (they were called something else when I initially invested)................long time ago now - one day I might get my investment back............but not likely.................

I dont think the advisors have any say of when to buy............I think the scheme is operated on the average share price over the previous 7 days (or 5) and thus more are bought as the price lowers. I may have got that slightly wrong but the buyback is not at the whim of the advisors. It's executed by them but the scheme has it's own set rules that don't wear an opinion...............it simply operates.

I think the prediction market angle is the differentiator now.

Thanks for your thorough explanation and the figures therein. Interesting to see the share price was still in the 20's as late as 2024...........it's really moved on since then .........although I note it's down to £43 tonight....................maybe a chance to buy (if the prediction markets income kicks off like I think it will)

Therefore I feel that dividends would be a fairer way to distribute proceeds than share buybacks. Thoughts?

Essentially then the latest round of money set aside for buybacks is essentially going straight into the Directors pockets. We had got down to 66 million shares, before the recent announcement about giving shares to the directors. That's taken us back up to over 70mill............and the directors have just sold a total of 1.5mill. Nice. We've just announced another £100mill of share buy backs (so that's nearly 3 million shares to be bought at £46).........I wonder how many of them end up in the directors accounts. I've said it before - the shares aren't being cancelled - just held in treasury to be distributed again..........

I think the prediction market news is the differentiator........it's already established; needs v little (none) marketing (because we're the platform/back-end) and the American market is huge. As today's results show - acquiring clients is expensive (but interested to see the other metrics - the average held by a customer in Plus500 is alot imo. They seem to have cracked the 'quality' over quantity. Customers bet more often with bigger bets.

It feels like its going to hit £50 by 1st March. Remarkable really.

DRUMZ was the name of Acuity before it became Acuity. Prior to DRUMZ it was known as Energiser Plc (and was originally set up by the directors of Inland Plc - which has now gone bust incidentally). It might have something to do with the the fact that Acuity sold the last remaining shares in KCR recently (which was a legacy investment from Energiser days - back in the day the officers of KCR were intertwined with Energiser - Dominic White - from memory - being one of them. Anyhoo - KCR is now owned by Torchlight and could be quite a good company, if they keep on doing what they're doing..........but as to Acuity (which I'm also stuck in - and it's literally been years and years) who knows............but I'm reluctant to sell now (at a massive loss) just in case the pull a massive rabbit (or even a small one) out of the bag. Any rabbit, any bag frankly.

All of a sudden there are some big buys (compared to the typical purchases going through - why now? Anyone have any idea?