Remember that you read it here first
Plus500 (PLUS) is up 10% this morning – now 580p – on the announcement of a share buy back programme. This should give the directors the ideal opportunity to get out. As to why fresh shareholders should want to get in, I have no idea.
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Un peu exaggere: today’s Daily Mail features a photo taken by Sam Cam of her naked legs leading to her toes adjacent to Dave’s. One can tell who is the author of this scheme simply by extending back up her legs (I mention this in an entirely non-sexual sense). However, the Dacre boys and girls advise that it’s Dave who offers “this tacky web photo”. They have no proof whatsoever. Further, the pic seems more fun than tacky.
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Epsom prognostications: This seems an extremely open-looking Derby (I use ‘seems’ since, so often, the race itself shows quite otherwise). But it is surely worth having a look outside the first three in the betting. Here, my supremely professional form analyst offers Dubai Thunder at 14/1. A bit of rain might help. But it is not essential.
Remember that you read it here first.
Dubai Thunder?
Every winner in the last 10 years has:
1. Run as a 2 year old (or been A P O’Brien trained which this is not).
2. Run and won/been placed in a Group race last time out.
3. Had at least 2 career runs.
4. Been drawn in stalls 3-7 or 12-14.
Dubai Thunder fails on all of the above.
Good luck!
Hi,
I’d have thought the movement in PLUS 500 was more down to the trading update, than the stock buyback specifically. The buyback approval is for up to $10m, in comparison the dividend (final & special) to be paid out shortly is $75m.
Would be interesting if you could share thoughts you have on company, rather than just your conclusion.
Many Thanks