Member Info for Oi_Oi_Savaloy

Ggplyr - it's not so much valuing the entire company off the cash, just that if you take the cash out of the equation (and I sort of calculate it that if Plus stopped dead tomorrow, what would they have in the kitty to pay out their investors - i take your point on needing $500mill to run the business ...........but i'm er, not counting it for my rudimentary thoughts!) is the rest of the company only worth $10 to $15 dollars (depending on differences of opinion in terms of how you value that cash). Surely their trading software package is worth more than? They've already proved it's massively scalable...........and think of the cost savings if someone else bought them (or they bought someone else actually) in terms of being able to subsume them and lay off all the workforce (nasty, but true). I was just trying to demonstrate my thoughts (ineloquently!) that Plus seems to be under-valued presently. If someone said to you - you can buy Plus now, without any cash on the books, for £12 a share you'd jump at it.

I can see Plus going all in on the US, joining NASDAQ etc - I'm sure they'd re-rate there (so why not here?) I've always been a pessimist with the way Plus BoD have done things in the past..........but surely now........let bygones be bygones and this should re-rate? Thoughts?

Also - if I divide the $985,000,000 million they've got in the bank by the 79,285,000 (approx) shares in circulation I get $12.40 per share. Surely the business is worth more than $8? (sorry, v basic maths, apologies).

Solid rather than spectacular as you say...............what they don't say is that perhaps Europe is slowing (in terms of acquiring new customers.............but is being replaced (or made up of) new customers from America. They don't split the geographical nature of nw customers............but I infer from their quote here 'The B2C (Retail) business performed extremely well during the period and continued to track ahead of management's expectations. Its contribution to new customers at a Group level is already not insignificant, reflecting the strength of its unique 'omni set solution' which allows customers to onboard, deposit and trade through one platform' that new customer's acquired would be below last year if it hadn't been for America. Cost to acquire customers has fallen (interesting to note) though so perhaps I'm wrong on that. Still, they are debt free and basically generating £100mill a quarter..........and the share buy-backs continue to eat into the limited number of shares out there. What's not to like?

What are we all thinking?

For me - I think they'll announce some actual figures against the US market, which should be interesting in itself. And turmoil has always been good for Plus - I'm expecting there to be no surprises (because they'd had RNS'd them right?) on that front, showing progress across all parameters.

What a milestone.....................it's taken alot longer to get here than I (and perhaps others) ever thought but I'm guessing perhaps the fundamentals are more robust now (America being the main one imo).

Does it feel different this time? Could we see a slight fall back today, but then a big push into the trading update and perhaps be at £21 at trading update point? Certainly feels different this time (every other time we've got close to £20 we haven't had the American market).....................we live in interesting times.

Sadly, any maniac nymphs haven't found me attractive in the past! ............so I'll just sit in me speedos reading a book or something.......... :)

New speedos incoming and a bumper pack of womb-ferret protectors purchased!

(but call me a cynic............we've been here before and the last lot of condominiums, as it were, perished for lack of use........as the share fell back considerably). Time will tell!

Honestly; can't wait. We've been so close to £20 a couple of times before and all it's done is an Icarus thereafter............crashing to earth, along with everyone's hopes. Let's hope America have come on strong. Also that they announce an NASDAQ listing. That will the re-rate we've all been hoping for.

That will be massive, if it happens. Over £20 for this share is like the distant land you hear about full of sex-crazed nymphs, and endless summer days..............ie it doesn't exist.............:)

Can it do it? can it?!

It would appear that 4p is the breakout number!

There's something holding this share back. We don't usually see so many buys in one day's trading, especially at the (relatively modest, but still) volumes we've seen today. Thoughts?

This share needs some good news pronto.

It's very quiet in here. Hopefully we'll see some progress and greater cash retention (or perhaps some acquisitions). There are stamp duty changes (for bulk purchases) coming in on 1st june - there could be some activity on that.

THere are some proper opportunities out there (lots of activity with fixed charge receivers at the moment). Perhaps some bargains for KCR to purchase and add to their stock.

You may well be right - I just went off his name and rickmansworth (on the form) and tapped that into companies house and chose the first jonathan mark swann from the list! https://find-and-update.company-information.service.gov.uk/officers/j-rfxzqFCTcv0Y4v8a9NWmOs_Xo/appointments

...........is a property developer (according to companies house). which isn't pertinent to this share of course but interesting nevertheless, bearing in mind the history of energiser/drumz.

Don't understand why, all of a sudden, share trading in this has got busy - maybe someone else can shed light. If an offer comes in for the company at 7p.........I'll still be under water sadly.

I think there's someone holding this back - perhaps one of the Elevate/Inland Homes investors trying to get out. Maybe.

No idea - I thought turmoil was good for PLUS. Thought this would go to £19 after the results.............but no.

Is that why the share price has dropped (as people sell the shares they'd bought to take advantage of the divi payment perhaps)?