shugg1e
02 Mar 2018
Re: Placing very odd with £11 placing price now some 35p above market price i am sure those that bought them at £11 are feeling rather miffed since they could buy on the open market at £10.66.not sure if that last trade of £11.06 is correct my system shows £10.70
marktime1231
02 Mar 2018
Re: Placing Yes, offloading 6% of P500 stock at a slight discount has hardly dented demand. At the same time institutions have been taking profits in smaller slices. Kind of disappointed, a bigger dip would have tempted me to add.Announced after close of play yesterday, completed before open today. I suppose that takes out the possibility of spooking.Didn't P500 buy back around this much stock last year? No announcement of a further buy back despite being awash with cash, perhaps a sign that we are nearer fair value territory now.Two chunky buys at £20M and £12M catch the eye. An equity income IT manager looking for 7% yield or smaller cos growth IT manager looking for 40% pa growth prospects ... I would have thought anyone looking to stake build or take P500 over has missed the boat by now? Unless of course someone wants to offer me £30?
shugg1e
02 Mar 2018
Re: Placing should put a rock solid floor on the price then at £11 whos going to plough £80m into a company unless they think its a good investment.This has £15 nailed all over it in the next 18 months
dave297
02 Mar 2018
Placing Seemingly no prob placing £80 mill of founders shares @ £11.It will be interesting to see if a holdings announcement is made & whether Playtech increased their holding.
daverob82
23 Feb 2018
144.79c dividend at current €1.40/GBP fx gives £1.04/share divi.Whether one has applied for rebate of Israeli WHT or not will give a take-home of roughly 78p or 88p.Assuming within ISA or divi allowance, and based on at-time-of-writing mid-point of 1118p, this gives a divi corrected share price of 1196p or 1206p, or about 3% below historic high.Only downside to results was lower average revenue per user, but more than compensated by increasing number of new and active users and far cheaper user acquisition cost.This still looks very cheap to me based on reduced near-term regulatory threats and the increasing number of markets being licenced, thus increasing revenue and reducing exposure to mid-term regulatory changes in individual countries.Looking forward to full results.
marktime1231
16 Feb 2018
Off loaded the trading slice in my AJBell pot at 1230p for a 10% gain in a week, and moved on to ALFA hopeful of another quick return. Still a big fan confident of progress to come so I am keeping the rest of my P500 stake for the dividend and the prospect of 1500p later in the year, but I also need to trade hard to repair the damage done by the last few weeks of madness where the signs of recovery have not yet reached my core holdings.
stuffee
14 Feb 2018
Overhang /Israeli WHT Marktime, Shugg1eI think shares weak today due to potential placing of certain founders' stock. Last November, Liberum attempted to place 7m of the holdings of founders and certain directors at around 850p and this was all aborted due to price weakness. Today's spectacular results provides ideal background for such a placing. You wouldn't want to buy any today until likelihood of a maybe £90m dump has been resolved.Re your concern with the 25% Israeli withholding tax, I have always managed to reclaim 10% from Israel through the services of ESOP and obtain full UK tax relief from the 15% balance. You have to obtain a signed confirmation from your UK tax office that you are a UK resident and tax returns all submitted etc , but once this is set up, not too difficult to obtain all subsequent refunds.
Phronesis
14 Feb 2018
Re: Stellar Results I am in since August and topped up from time to time. This is share is still cheap and I just topped up again.The dividend is great. And they have $241.8m net cash. This share is, in my opinion, pretty safe from any market downturns because PLUS made it clear that they would start a share buyback programme any time they think it would make sense: "The Board has undertaken buybacks in the past and has the power to implement them at short notice. It will continue to consider share buybacks taking into account market conditions, share price, trading volume and other factors."So with all the free cash this statement provides a very good protection against any huge fall of the share price in my opinion.
shugg1e
14 Feb 2018
Re: Stellar Results The latest dividend plus the special is at $1.44 or around £1.05p so i am absolutely stunned by its re tracement from over £13 this morning.This is one of those shares thats totally bulletproof in a falling market
marktime1231
14 Feb 2018
Re: Stellar Results The $200M net profit is where previous signals had indicated but how nice to see it for real. I hate it when updates refer to expectation without saying what that is! My bold view is $300M earnings in 2018 on revenues $550M.News of momentum was hoped for, echoing comment in last weekend's papers ... the burst of activity caused by Bitcoin et al has stimulated trading and more sign ups, and recent weeks of market volatility has redoubled that effect.The sp settling back from a deserved spike over 1300p this morning is disappointing, lots of little sells so I wonder if it is private investors taking a gain to repair the bad in their portfolios right now. I agree with Liberum that P500 fair valueis heading over 1500p. Subject to studying the detail in the report Hold and maybe even look to add again.The cherry on the icing on the cake is a dividend of around 78p after allowing for the awful 25% Israeli witholding tax. Really long fuse though, not paid until 23 Jul and depends on GBP:USD. Repeated commitment to distributing free cash flow to investors, what can you do with zero debt, zero intangible assets, tiny operating costs, cash positive growth ... how else do you defend against a predatory approach? Surprised P500 does not appear as a major holding in more small-cap and equity income portfolios.
freedom-thirty5
14 Feb 2018
Re: Stellar Results Another smashing performance.
dave297
14 Feb 2018
Stellar Results I wish that all of my investments performed as poorly as Plus.Excellent Results,fantastic cash flow,massive increase in dividends & as early as today our CEO is prepared to commit to 2018 trading expected to exceed expectations - he has not previously been prone to hyperbole !My only regret is that I didnt but more when I first bought around 130p.
marktime1231
09 Feb 2018
Welcome to AJB To celebrate the arrival of cash into my new AJBell Dealing account this morning, first trade adding to Plus500 holdings for what will hopefully be a pretty quick win. More good news about development of target markets this morning, hopeful next week's results will put impressive numbers to uprated guidance and spice up the sp. 1250 maybe.A good start with AJBell, generally easy platform the red is a bit alarming, still learning the navigation between trade and research, and (so far, touch wood) pretty responsive customer service from three different agents.
marktime1231
09 Feb 2018
Welcome to AJB To celebrate the arrival of cash into my new AJBell Dealing account this morning, first trade adding to Plus500 holdings for what will hopefully be a pretty quick win. More good news about development of target markets this morning, hopeful next week's results will put impressive numbers to uprated guidance and spice up the sp. 1250 maybe.A good start with AJBell, generally easy platform the red is a bit alarming, still learning the navigation between trade and research, and (so far, touch wood) pretty responsive customer service from three different agents.
marktime1231
09 Feb 2018
Welcome to AJB To celebrate the arrival of cash into my new AJBell Dealing account this morning, first trade adding to Plus500 holdings for what will hopefully be a pretty quick win. More good news about development of target markets this morning, hopeful next week's results will put impressive numbers to uprated guidance and spice up the sp. 1250 maybe.A good start with AJBell, generally easy platform the red is a bit alarming, still learning the navigation between trade and research, and (so far, touch wood) pretty responsive customer service from three different agents.
