Author Topic: PLUS.LN - Plus500  (Read 11352 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.
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@thewritser


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.