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StockMarketWire.com - Canaccord Genuity today reaffirms its sell investment rating on Plus500 Ltd [LON:PLUS] and cut its price target to 546p (from 1052p).

Story provided by StockMarketWire.com

Broker Forecasts data provided by www.sharesmagazine.co.uk

not so good today but another chance to buy some more.

Plus500 Ltd (LON:PLUS), had their price target downgraded to GBX 546.00. Analusts right now have a solid Sell rating on the stock.

Standard Life Aberdeen’s share price has fallen by around 45% in the last year. Investors have become increasingly uncertain about its financial prospects at a time of change for the business.

It is seeking to focus on core areas through rationalising its balance sheet, which I think could be a good move in the long run. Although Standard Life Aberdeen faces an uncertain outlook for the world economy, I believe that a dividend yield of around 10% suggests that it may now offer a margin of safety.

yes but shorts are in control for now.

·    Motif Bio reported a net loss of $44.8 million, or $(0.19) per share (basic and diluted), for 2017 compared to a net loss of $40.3 million, or $(0.35) per share (basic and diluted), for the same period in 2016.

CANACCORD CUTS PLUS500 PRICE TARGET TO 546 (1052) PENCE - 'SELL'
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excellent day so far

Stobart Group celebrates High Court win against former chief executive and rebel shareholder Andrew Tinkler
By FRANCESCA WASHTELL FOR THE DAILY MAIL

PUBLISHED: 21:50, 15 February 2019 | UPDATED: 09:52, 16 February 2019


5

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Stobart Group yesterday celebrated a High Court win against its former chief executive and rebel shareholder Andrew Tinkler.

A High Court judge found Tinkler, 55, had breached his duties as a director at the Southend Airport operator on four counts.

These included criticising the board's management in front of other significant shareholders and improperly sharing confidential information with retail tycoon Philip Day.

Judge Jonathan Russen also ruled the logistics company's dismissal of Tinkler from the board last year was 'lawful and valid'.

Hit hard: A High Court judge found Tinkler had breached his duties as a director at the Southend Airport operator on four counts +1
Hit hard: A High Court judge found Tinkler had breached his duties as a director at the Southend Airport operator on four counts

The trial, held in November, saw a parade of other big-name City figures including Edinburgh Woollen Mill owner Day and star fund manager Neil Woodford take the stand.

Tinkler, who was Stobart's chief executive from 2007 to 2017, denied all wrongdoing and in a set of counter-claims had asked the court to rule that his sacking was not valid.

Another charge against Tinkler – that he improperly used company funds with lavish expenses – was withdrawn during the trial.

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Stobart Group share price and data available here
The judge also ruled that four Stobart directors, including chief executive Warwick Brady and chairman Iain Ferguson, breached their duties by arranging a share transfer to the Employee Benefit Trust ahead of the AGM.

Speaking to the Mail, Tinkler said: 'Even though I breached my duties they breached theirs – which I believe is more serious.

'It's sad but at the end of the day I'm strong enough – I'll move on.'

Tinkler said the trial will cost him between £3million-£4million of his own cash on legal fees. He is considering appealing the ruling.

MIDAS SHARE TIPS: Can fracking bring you a deep well of profit? Hunting sells to the oil industry and it could pay off
By JOANNE HART, FINANCIAL MAIL ON SUNDAY

PUBLISHED: 21:52, 16 February 2019 | UPDATED: 10:35, 17 February 2019

is very close to your target of £18

Oil Prices Hit 2019 Highs Amid Supply Cuts
Fri, 15th Feb 2019 10:36

WASHINGTON (Alliance News) - Oil prices extended recent gains on Friday, with Brent crude futures briefly hitting 2019 highs above USD65 per barrel, helped by OPEC-led supply cuts and the announcement of an even deeper cut by Saudi Arabia.

Global benchmark Brent crude rose 0.3% to USD64.76 per barrel, while US West Texas Intermediate crude futures were up 0.1% at USD54.46 per barrel.

OPEC cut nearly 800,000 barrels of output per day in January, just short of its goal of cutting 812,000 bpd, in a bid to tighten the oil market.

Top exporter and de facto OPEC leader Saudi Arabia said earlier this week that it plans to produce around 9.8 million barrels per day of oil in March, over half a million bpd below its pledged production level.

Oil prices also remained supported by the partial closure of Safaniya offshore oil fields in Saudi Arabia and optimism over US-China trade negotiations.

Copyright RTT News/dpa-AFX

PRESS: Plus500 May Have Misled Investors Over Losses On Client Trading
Fri, 15th Feb 2019 10:17

LONDON (Alliance News) - Plus500 Ltd could have misled investors over losses from client trading, the Times reported on Friday.

In its 2017 annual results, the Times said, the company stated it had not suffered any losses from client trading activity.

However, it actually took a USD103 million hit, the newspaper continued, with Plus500 only discovering the error on Tuesday this week, the same day it issued a profit warning for 2019.

Plus500 told investors at a private meeting this week, the Times added, that the mistake was due to a "drafting error".

https://www.thetimes.co.uk/article/plus500-may-have-misled-shareholders-over-losses-n8cmxsrqw

Plus500 shares were down 13% on Friday at 911.59 pence each. The stock has lost 46% this week.

JPMorgan on Wednesday cut its stake below the 3% minimum threshold from 5.6%, Plus500 said Friday.

Holder Shares % Held
Strategic Advisers LLC
as of 31 Dec 2018
3.24m 0.13%
FMR Investment Management (UK) Ltd.
as of 31 Dec 2018
3.07m 0.12%
GO ETF Solutions LLP
as of 28 Feb 2018
2.38m 0.10%
Union Investment Privatfonds GmbH
as of 30 Sep 2018
1.80m 0.07%
Syz Asset Management (Europe) Ltd.
as of 28 Sep 2018
1.76m 0.07%
Causeway Capital Management LLC
as of 31 Dec 2018
1.69m 0.07%
Toscafund Asset Management LLP
as of 28 Sep 2018
1.53m 0.06%
Credit Suisse AG
as of 31 Jan 2019
1.32m 0.05%
AXA Investment Managers (Paris) SA
as of 31 Dec 2017
1.25m 0.05%
Amundi SGR SpA
as of 29 Jun 2018
915.07k 0.04%
Data from 28 Sep 2018 - 11 Feb 2019

i had to sell , and i wonder if the seller holds 6.5%, or this is overreaction .

looks like shorts are doing very well 880p now

looks like business is back to normal.

WANdisco shares soar following rights issue and enhanced Amazon status
14:52 14 Feb 2019
The Advanced Technology Partner designation said to be the highest tier for technology partners that provide software and internet solutions in the AWS Partner Network

i had to buy some more this morning 235p

Thomas Cook Group plc (LON:TCG) has been assigned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 60.63 ($0.79).

30p now