With regard to its reputation it has just recorded great revenues so clearly the vast majority are not quite as concerned as Numis. Also personally I feel not is the UK entity to sign up new clients is prudent until they are happy remediation has taken place as proper infrastructure in place to handle the volumes. The last point worth noting is the fluidity with with Plus handled the Swiss franc debacle which did not effect them at all whilst so many of our competitors got hit so hard a few went by the wayside.
Whilst Plus does have issues it is resolving they are really not half as bad as made out in that article. With regard to the increased checks we have been told in RNS that the issues were around not having full documentation when opening accounts. Plus have announced hey are remediation the issue
We were also meant to hear about then 2015 dividend! Record date should still be Dec 2015
The below is a list blue chip clients of Internetq
Continued improvement in the quality of Minimob's client base with new campaigns run for global brands including AliExpress/Alibaba, Deutsche Welle, Samsung, eBay, Deezer, Pandora, PokerStars, Amazon, Tokopedia and HBO
Just recalling from the latest trading update "
Gap. Hi all, what's gap are we talking about exactly please? I am looking at a candle chart on Hargreaves lansdowne and do not see a gap
Moral of the story here is the old maxim "no smoke without fire" does not always hold
It's also worth noting that these short sellers / tipsters are not always right. Take Plus500 for example. It has some compliance issues that it is now resolving. However once it had a bit of bad publicity everyone came onto these boards slamming it as a sham company, Ponzi scheme and the rest of it. The reality is that it is working through its issues with the FCA and is profitable too in the mean time
Agreed. People my be realising it's not cover ups but more treatment of certain costs in accounts being treated differently