Updates

Plus500

December 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Plus500, which allows customers to trade in Contracts for Difference (CFD) through an online platform, reported Q3 revenue of US$216m, well ahead of forecasts for US$150m and 96% ahead of the same period a year ago. EBITDA also rose a strong 91% to US$134m, against consensus of US$75m.New customers rose 90% to 46,238 while active customers (trading in the last 12 months) increased 78% to 197,976. Average revenue per user jumped 10% to US$1,093. Given the shift to higher value customers, as previously telegraphed, the average user acquisition cost rose 16% to US$1,066. Nevertheless EBITDA margins were still a strong 62% (Q3 ’19: 63%).The cash mountain continues to grow, up from US$588m at 30 June to US$723m and will bene ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Loungers

Luceco - Another towering upgrade

Plus500 (January 2025)

Plus500 - Highest returning stock over past 11 years; eyes US and Japan for future growth (November 2024)

Plus500 - Has returned an incredible 11.5x its IPO market value via dividends and buy-backs! (October 2024)

Plus500 - CFD trading firm enjoys double-digit upgrade (February 2024)

Plus500 (September 2021)

Plus500 (June 2021)

Plus500 (April 2021)

Plus500 (November 2020)

Plus500 - Shares surge towards £15 (October 2020)

Plus500 - Q2 revenues up 162%! (September 2020)

Plus500 (August 2020)

Plus500 - Second upgrade in a month (June 2020)

Plus500 - Significant director buying (April 2020)

Plus500 (February 2020)

Plus500 - Shares very cheap on ex-cash PE of 5.3 (December 2019)

Plus500 (September 2017)

Plus500 (January 2017)

Plus500 - Soon-to-be prospective PE just 6.6 (December 2016)

Plus500 - CFD trading firm a serious rival to IG (October 2016)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X