Member Info for testpack3

Re Yr 17.34 post good for you. However, you did not forecast this rise as I did in both my July 31 post , and last Fri. Good for me. lol

I live in Brasil, and cannot even access their website. I take it you are not one of the losers? Are you the only 'winner' lol Very important, as you say, to know the rules. Where the PLUS platform is better than IG is on the former, losses are restricted to deposit. With IG. losses can exceed deposit. That is why, with no stop loss, I said careful monitoring is crucial.

If one looks at the 'late trades', not one has a sell price neat £7.80, so are as low as £7.40. I suspect most are late reported trades and are buys. The final sp spiked near COB, and I cannot see one sale above £7.80. I think the buys vastly outweighed the sells, with a large seller providing the shares?

Closed at £7.84, a whopping 19%. I also hold IGG which is down c5% on the day, and I suspect many holders there have cashed in and bought here - wise move. Will there be a profit taking tomorrow? Be amazed if there's not.

My post of 31 July compared PLUS with IGG, on the metric of P/E and I suggested a price for PLUS of £10.92. trading at the same P/E as IGG. This may happen early next year when FY results are given. I also stated that the SP was unlikely to drop after ex divi. I can now see a drop prior to ex-divi with punters taking profits rather than the 15p divi after a 15% reduction for Israeli tax. I am not a fan of share buy backs. In this case they are not being cancelled, but in Treasury, which will be ultimately be denuded when BOD award themselves share options and/or free shares. On a +ve note this will not dilute the shares as would have happened if BOD had placed the shares. The total shareholding will be reduced to c 106M to c 110M now. However with the increase in sp, the no. of shares purchased will drop. If I take an av sp of £7.50 ( 1.30 $ Exc Rate), from June to February, the no of shares purchased will be 3.8M ,at a cost of $37M. . This decrease in the no of shares, based on the 24.5 cent divi, as just announced, will increase the divi by 1 cent. and 2.5 cents for a FY based on 60 % payout of profit. If no of shares remain at 110M and the 60% of the $37M is payed out to shareholders the increase in divi for the FY would be 20 cents or 8x what the extra divi pays because of decrease in no of share. In other words, it will take 8 years to get to the same result. After that time period, we are in positive territory for the divi payout on reduced no of shares. However with DCF over the 8 year period, and whatever the market mat do, I am of the opinion that I would take the money now. All this subject to maths errors. lol. But for now, happy days at up £1.18.

I also get the div paid (-25%) on a CFD on the Ex divi date not the payment date. I am a big fan of CFD's but there can be large disasters, and stop losses are not recommended since the MM have a bad consistent habit of a 'flash' drop to wipe you out. CFD's have to be monitored closely. The provider does not necessarily gain the losses of a customer, since it will probably look at the long and short position on the stock and take a decision whether to buy in the market and reduce the risk. This is what they do. They make the money on commissions and interest charged to customers.

I fail to see the point that you have made several times stating that the 'customers' lose more money which adds to the increased profit figure?? Since I live outside of the countries which plus operate in, I am unable to have an account with it. My a/c is with IG, who, unfortunately, do not give precise numbers of 'customers', only a %age up or down. Plus however do give these figures, and the av income from 112K customers was $1678, giving a revenue off c $188m. My expenditure with IGG just on interest is c $2900 pa with c $115K open position with a variety of leverages from 4:1 to 20:1 on CFD. Add to this my trading cost payable to IG of c$8 a trade and c 10 trades p week is c$4000 pa giving a total income to IG of $6900pa, and I am showing a healthy profit. I do not understand also your statement that customers are not getting accurate spread figures from the London Stock Exchange (LSE). Whenever I buy or sell a CFD I am given a 10 second accept window, and I also have access to live LSE prices to compare. They are the same. Customers do not need to lose money to increase the profitability of the provider, they just need to do more trades. I hold 5600 shares of Plus on a CFD with an av price of £4.20. I also hold aim multibaggers. Your assertions are not well founded.

It doesn't take a genius, or even stockbrokers, to see that the cash flow here is v strong. I would take a stockbrokers report with a large pinch of salt. Berenberg are on the right side, but, in this case, may be a little too cautious Investors piling in b4 the 1/2 Years divi announcement on Monday.

All increasing stake prior to 1/2 Year results and divi announcement. Since it is trading on key metrics below that of peers, I believe it will not head S following ex-divi date as normally happens with high yield shares. Awaiting next Monday and will be tuned in to Investigate b4 8am

If we compare with its major peer, IGG, which is trading on a P/E of 14, with earning ps for PLUS of 78p FYE16, PLUS's sp would be £10.92 and giving return of 5,20% pa AFTER deduction of 15% Withholding Tax. The present return of 68p in divi is 9.2% after 15% WT. The 1/2 Year report stated that the results FYE17 would be significantly ahead of market expectations. I am unable to find any Broker predictions for results FYE17. Notwithstanding that, we can expect an increase in the interim divi, which last year was 18p gross and 15p nett of WT at 15%.which in itself is a 2.4% return on todays sp. Besides JPM holdings, UK's Investec has today announced a holding of 5%. Both cos allege to be compliant with FCA regs, and PLUS have stated that their business model, wrt 'fair' customer trading, is better than that of IGG. ESMA will announce their investigation end of year, but with PLUS generating more % of income from outside EU, severe European restrictions on margin accounts will have less affect on PLUS than IGG. IGG MCap of £B2.2 is c3 x that of PLUS £M720 but on rudimentary figures of revenue, PBT, earnings, IGG's figures are c 2x that of PLUS's. This is why PLUS should be re-rated to a P/E of 14, and be a £10 share. There are some 'dodgy' Israeli cos on AIM, but since this company not only states significant cash flow, and holdings, it pays out, in cash, massive divis. A few more key metrics cf IGG to PLUS PLUS P/S 2.98 IGG P/S 4.73 " P/CF 8.99 IGG 12.62 " Operating Cash Flow £M113 IGG " £M223

(again), by the fall to £2.80. I bought more at 2.90, Might be the market thinks brexit will lead to a much lower volume of Eu destined flights from Stanstead. I have no idea of the number of passengers on business v holidays. However, it is more than a one trick pony, and with the cash received from sale of Stobart Trucks (M£100+), and the start up of an investment fund division, a v profitable bio-mass business, at present a 1/4ly 4p divi ( which can be retracted at anytime I know), I still see this as a £4 share year end Halleluja to that. Bought more.

Not something I use on a regular basis, however, with this drop today ( 15p as I write), the 14 d MA will rise through both 28d and 56d MA's. The vast majority of trades are algo's, and I would expect to see a decent rise from this level. The interim results will be good when reported probably 2nd week Sept, and co will be renewing divi this year, and I expect a decent half year divi to be announced. This time of year is low volume trading and algo's have it their own way. At £7.55 a share, I think this is a bargain, and fully expect a 20% rise by xmas, ( 2017), Have bought more.

to see such a muted reaction to the AGM statement. The quarterly divi is being increased to 4.5p wef 7 July 2017. At current price this is c6%pa. All of the businesses are hitting their targets, and bodes well for divi in 2018/19. Fully expect sp to be £4 end of this year. Not many better shares in UK. imho

Good news that report states customers cannot lose more than their deposit, which PLUS already has in place, and no pressure on existing leverages. I can`t access PLUS`s platform from my country of residence, but I do trade CFD`s with IG. It could be the biggest loser, and PLUS`s gain when the UK Govt report since I could lose a shed load of money with IG, well above my deposit levels. I´m confident we will see £7.50 sp this year. Would like to add more, but am always reminded of the addage, ``sell in May etc`` Wait until the Autums - decisions, decisions.

on only c20K buys, and most of those being in the 100`s with a few algos. The company is still trading in negative territory, however, at a MCap of c £85M, when the technology becomes an industrial and household standard for washing machines, the MCap will, IMHO, be in excess of a £billion .Timescale is probably about 5yrs for a billion, but should X2 in 18 months. ps. when I proof read, I typed wishing machine -oops, lol

A very good result, and including new changes to margin levels introduced by FCA during period. Already attained 75% of EBITDA cf to 1st half last year. At this rate, the half tr divi might well be $0.35 ps or 28p ps representing 6% return on todays sp for an interim. The market is obviously worried about the likely impact of FCA directives, which PLUS and other providers have recently, in harmony, replied to FCA. The UK market is stated to be abou 20% of its business ( not sure if this is EBITDA or TO), and if the changes are far reaching and damaging, with the opening of new markets world wide, the effect will be limited. Last September the sp was £7.50, and must be re-rated soon. Will probably dip tomorrow after some profit taking, and will add. All IMHO of course

Yr concern is noted, however, I must point out that all you are capable of is insulting the poster, without making any comment on the substance of his posts.This is invariably a sign of poor academic achievement. I suggest that you ask family and friends for their opinion of you, and it probably a NUNO - neither of use nor ornament. I can see where your angst came from, you were the idiot who said Paraguay, when the rns said Colombia, Bolivia and Brasil. Goodbye. Plse don`t bother responding since I have no more interest in this share - however, knowing you are thick - you will. lol

Cebo, I can only imagine what research you do when making investment decisions NONE You probably take advice from posters on BBs Oh, and BTW, yr comment re SOU having issues is spot on. Guess who caused the issues. ? You haven't got a clue have you.you numpty .

I write as a SOU investor, with obvious interest in IRG. After seeing the investment strategy, I will not be buying into IRG at this time. Not because of the massive dilution that will happen, and more so when/if the £23M worth of warrants are exercised. Albeit this can only happen when the sp is 150% of purchase price, but, we are yet to see that, and it will not be 0.4p! No, my reason for not investing is LA. I have briefly scanned the posts this am, and can only find 2 posts with the investment strategy mentioned, and perversely, the posts mentiones Paragauy, which was not mentioned in the RNS. Again posters makink up mtheir own agenda.Strange. Now to business. Both Bolivia and Colombis have track records in nationalising cos that `do well`, with recompense not covering costs. DYOR. Also, both countries are likely to change taxation rules on foreign owned companies àt a stroke`. I am more familiar with the Brasilian market, and this of course has seen massive political unrest over the past 12 months. Odebrecht, the largest construction co in Brasil, ( and a n other) has been fined $3.5B by the US justice dept for bribes paid to govt officials in many countries. The senoir Odebrech, is shortly going to blow the whistle on the Brasilian govt members who took bribes, and there are many. So, corruption is endemic in Brasil and business is not as straightforward as JP may like to think. His ex co RDS, is presently fighting a tax case in Rio State ( not to be confused with Rio City), in which the State ( which is financially bankrupt since the Olympics, and morally) decided to levy a State charge ( independant of Govt.) on hydrocarbon movements across the State of Rio.It is a large, punitive tax, which hopefully RDS will win. Mant a company has come unstuck in the cesspit of LA business ethics and politics. JP will need more than a fair share of luck to tweet his way through LA. However, GL to all investors here., and very much hoping JP does not lose site of his main objective which is SOU, where he is the CEO.

JG did give a trading update in todays rns, but only to say next year will be stellar. ? I agree with MrBB in that what he didn`t say is significant. There is still the weak £ v $, and I suspect FY figures will be v disappointing, with a sharp fall in sp. 3putt made a very valid point re: debt mountain, and although the gearing is not a red flag area for me, I think payment of a final divi is questionable. On that basis I have sold my holding, and look to re-buy after FY result rns . JG has lost a lot of credibility with the fiasco of Board appointments and sackings over recent months. However, we have to take on trust what he said in todays rns, and should see a return to c25p sp in 18 months. All IMHO of course. GL all