Member Info for zccax77

absolute beggars belief. MC now £790m. Destroyed £700m+ MC for the sake of an additional £350m. Management should curtail growth plans to 10% PA and cancel the rights issue and return the £120m BCR grant. Soon the share price will be 6**. what a banal situations.

500p, are you dumb? the cash alone is worth 240p. The remainder would be earnings from just an additional year. If someone offered me them for 500p a share, I would put my entire net worth in them.

I agree, it is absolutely mental. The market can stay irrational longer than you could stay solvent. I will be topping up in two weeks time in the new ISA, hopefully this stays low until then.

Will this get that low? compared to book value this is a great deal?

2018 £240m = net asset value/Equity

good luck shorts

The sp has fallen 65%+, the IGG result has shown the FY revenue maybe 15-20% lower the sp highs. I feel more confident in this share and FY 2019 being profitable.

In 5.5 months this baby will go ex.div again with a likely ~£1 in divs, we will see how many are short then.

I am not sure why the hate for Plus. Plus has PAT of £250mn a year and net assets of mostly cash of £250mn. So if you buy today, hold for two years and then liquidate PLUS you will get all your money back assuming no change in PAT. Obviously PAT will decrease in-line with change in volatility, but the value is immense.

When the FTSE hits 7,700 I will sell my tracker.

Strong sell right after the horse has bolted. This thing has lost 40% of it's value and these guys are predicting a 30% decline in earnings. So the sp decline appears to be in-line with earnings.

this thing will hit 10 soon. This is the confirmation the market needs that revenues will not fall more than 15% this year and going forward as a result of ESMA. The SP fall has been an overreaction and market will recognise that.

I don't trust many things in life, but I do trust the money I get in my account as divi's. Trust is over-rated.

Plus should rise, if 12% fall in revenue is expected why should the sp fall from 17 to 7.xx? overreaction.

I think the results are ok, should see some sp stabilisation.

How is a 12% decline in business stabilisation?

Not too bad, since CMCX were predicting a 25-35% fall.

you cannot compare to PY, due to large movements due to crypto trading which might never return.

Will this plumb to that depth if IGG results are bad? shorts will go overdrive tomorrow. Plus is the most irrational share I have in my portfolio, I will top up. I would have thought all the bad news was already reflected in price clearly not when this thing falls by more than IGG.

I doubt it, work in finance and we never leak info. Though might be different in Israhell. This thing has dropped by more than IG. funny that.

I personally think the price will be at current sp, based on historical rights issues. You have to understand MTRO has assets it can sell to reduce their RWA, like through a securitisation.