Member Info for paulsf

Somewhat irrational overreaction by investors to the Ryanair developments. Airlines which have had unions and strikes since forever have done well in the past year. Lufthansa for example is up 133% in the past year while Ryanair is now down over 3% in the same period, despite the fact that Ryanair is taking domestic business from Lufthansa. Expect a bounceback

Time for a change of name. Guess we'll just have to start calling it Minus500

and good riddance to Greenko - the green turned to brown for me I have to say

What will happen is simple - you will get 98p for every share you hold and that's it. The shares are being delisted which means they no longer exist. If that means a net gain to you then you must choose whichever method attracts the lower tax rate, dividend tax or capital gains tax. If that means a net loss then you choose return of capital, otherwise you will end up being taxed on your losses! In my case 98p represents a 40% loss as I bought in 2014 on the advice of know-nothing brokers. At least I will never again have to look at the awful name of Greenko at the top of the losses table in my portfolio and it will help me to stick with me New Year resolution to never ever again buy an AIM stock for the remainder of my natural.

Braggart! Any hot tips?

No need to worry about the share price then - since when have markets not been volatile? They're volatile today but PLUS is up

The regulatory problems are with Playtech - the Irish regulator also turned down Playtech's bid to buy Ava there.

Only the confused are selling now. Those who are not confused are buying, and will continue to do so imho

sorry misread what you were saying - of course the price would go up if the deal fell through but doesn't seem very likely. At least if I'm losing 50% I won't have to complete a tax form

In my experience when a company you're holding shares in is bought by another company, you get cash at the share price agreed, you no longer own any shares, end of story. Is there something different here?

Special thanks to all the useless brokers who predicted prices of 800 and above

F***d in the ass if you bought at 600 when everything looked rosy last year. Losses crystallised permanently and not a damn thing you can do about it. I will never buy any kind of AIM stock again as long as I live - have learned the hard way

Interesting article in ft this morning. Playtech's attempt to buy an Irish company has been rejected by the Irish regulator. Author thinks this may have a negative impact on the Plus500 deal: http://www.ft.com/intl/cms/s/0/f1c29728-6b52-11e5-aca9-d87542bf8673.html#axzz3nsEFU3yr

Worst investment I've ever made - down 75% now - is this heading for penny stock status? Don't understand all the technical details of the company's financing arrangements, but what I'm getting from all this is that the company needed money and instead of borrowing it from a bank like everyone else they have effectively borrowed it from the shareholders - deplorable.

It just seems common sense to me that the company will not be sold for not much more than half the value it had just a couple of weeks ago on the back of a temporary problem. I read so much silly nonsense here much of it posted by people with their own 'short'-sighted agenda. I mean really all that total B****S**T about tax forms. Those only apply to tax on dividends which have to be paid anyway - the only point in doing it would be if the dividend tax in Israel was higher than UK then you could claim the tax difference exemption. It doesn't apply to sale of shares where profits would be subject to capital gains tax in uk or other country of residence just like on sale of shares in any company.

No end in sight to the pain - is this going to be a penny stock? Time to sell and cut losses?

Thanks for the useful info. Brokers don't seem to have kept up with this - Investec are here with a Buy and target of 150 in mid April. Investor's Chronicle have a recent Buy rating. And institutional investors have bought significantly more than sold in recent months. I have lost 50% so far on this and am wondering whether to grit my teeth and hold on for another while or cut my losses and kiss this one goodbye.

Dilution - you mean there was an issue of equity? I don't see that in RNS

Can't understand the endless downward spiral - fundamentals look ok here. Debt has grown but so has revenue and net income.

Well I think the advantage is that you end up with more shares than before at zero new cost. If you believe that the share price will tend to move back up to 5 then that's a huge advantage. Once the deal is closed hopefully that will tend to happen - there are a lot more shares around but the new combined company will have a much larger market cap as well.