Author Topic: PLUS.LN - Plus500  (Read 10879 times)

writser

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Re: PLUS.LN - Plus500
« Reply #20 on: November 23, 2015, 02:02:14 PM »
The deal fell through today (link). The saga continues.
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.


LightWhale

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Re: PLUS.LN - Plus500
« Reply #21 on: February 12, 2019, 01:33:17 AM »
Stock nosediving more than 30% on 2019 guidance, which they say should come "materially below" market expectations. Currently analysts expect 2.32 pound per share. Take a safety margin such that "materially below" = -40%, that's 1.4 pound a share, on 11.40 price, forward p/e is 8x. I believe they will do better, which they almost always have. The company is debt free and has great operators. Started a small position.