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PLUS MARKETS a steady rise and worth a look (PMK)     

moneyplus - 27 Oct 2005 10:25

I have picked up a few of these and am pleased with the steady rise. This is the holding company which owns Ofex and in Dec-more mm's will be joining it to make it a stronger competitor for LSE and Aim markets. Well known market firms seem to be investing in this one but so far small investors and analysts are not taking much interest. I'm in early as I think it will do well---any comments from regulars on here?

moneyplus - 27 Oct 2005 15:24 - 2 of 112

nobody interested?? I think it's a good long term one-check it out.

squidd - 27 Oct 2005 21:13 - 3 of 112

moneyplus: You are not alone in following PMK. I was attracted by the new management and their hefty share purchases but didn't appreciate the significance and failed to act. I recently posted a query on the DGT thread, thinking there was some overlap and had an excellent post from Hawick - 1690 - which I think merits exposure on this thread. It looks very promising to me and will keep watching.

moneyplus - 28 Oct 2005 14:11 - 4 of 112

It will probably drop back for a time but the new mms join on Dec 6th and the competition will widen then--maybe that's when analysts will start to take notice. I read that it could be a challenge to the dominance of the LSE eventually something to do with the wide spreads and sets. does this mean the mms are not able to control prices themselves and this is why they favour Ofex--look at the investors that have come onboard it's not just the management. I'm no expert on these market manipulations--I'm just following a hunch!

mickeyskint - 28 Oct 2005 17:08 - 5 of 112

A fasinating insight to this one by Tom Winnifrith on t1ps site. He tipped it a speculative buy at 7.625 up to 10p with a 1 year target of 15p. It's past that already and doubled in 6 weeks. The mms want to have control which they are loosing to sets.

MS

hawick - 28 Oct 2005 23:29 - 6 of 112

Hi Squidd and others. Squidd you are welcome to reproduce my post and thanks for a rather unexpected compliment!!

Actually I hope I am investing in a company that is deeply involved with, but just may be one step ahead as an integral part of this scenario, as yet unnoticed imho, and will try to post more over what is already proving to be a manic weekend!

moneyplus - 01 Nov 2005 15:59 - 7 of 112

still going up I'm pleased to say--the only one of mine that is! I think I'll hang on until the wider marketing is up and running as somebody seems to like them even if they don't post on here!

mickeyskint - 01 Nov 2005 17:26 - 8 of 112

moneyplus

You have email.

MS

squidd - 03 Nov 2005 13:11 - 9 of 112

I have been much impressed by the strengh of PMK and I like the story behind it. So have been waitng for an entry point to have a nibble, but it just keeps going up. Where is the profit taking, and when will it pause for a breather. Any thoughts?

mickeyskint - 03 Nov 2005 15:05 - 10 of 112

These are getting hot. Being tipped by some serious people and looking like the recovery story of 05/06. Could be a real alternative to FTSE with cheaper costs it's attracting mm's and brokers. Not easy to value at this stage but as I read some where if the company was worth nearly 20p a share two years when things were going pear shaped it's got to be worth 30p now that it has the prospect of grabbing serious business from the LSE.

MS

squidd - 17 Nov 2005 15:14 - 11 of 112

Fortunately, I got fed up with waiting for the dip after my post a couple of weeks ago, and bought a stake in PMK. Now it's up 14% so far today, and will now probably be taken seriously.
The prospect of it rivalling the LSE is tempting me to dive in deeply. any more thoughts? sd.

moneyplus - 17 Nov 2005 18:05 - 12 of 112

6new marketmakers come in on Dec6th I read somewhere and I'm expecting more attention from then. If they stand to make better margins on the deals surely this one will grow like Topsy!! long term wait and hold for me though.

hawick - 17 Nov 2005 21:54 - 13 of 112

Hi sorry I never got round to posting again. Illiquid but just look at Ofex:STH. The only quoted company introducing companies to Ofex classy business and stakes in 20 Ofex cos, market cap under 2 million. Worth a stake from kick-off!

goldfinger - 17 Nov 2005 23:27 - 14 of 112

I agree with Harwick but I ask you to not get carried away here.

cheers GF.

squidd - 18 Nov 2005 09:28 - 15 of 112

Hawick: Thanks for the tip. Unfortunately, I would have to grope around in the dark to monitor an Ofex stock and the easy option is to stick to the two main lists. Meanwhile PMK looking exciting again this morning and I expect to be building up a decent holding. Am re-reading your earlier post.
sd.

squidd - 20 Nov 2005 12:31 - 16 of 112

moneyplus: The sp of PMK has just about trebled since the beginning of September and despite some bouts of profit taking, the rise looks set to continue.
Can I suggest you put a chart into the header and include hawick's post 1690 from the DGT thread (he's given permission) if you think it suitable.
I'm planning to continue stake building in this one.
sd.

moneyplus - 20 Nov 2005 16:38 - 17 of 112

squidd--I agree it's a great idea but I'm not comp. literate enough to do this-the last of the dinosaurs!! very happy if you or hawick want to start a fresh thread with this in it as I feel we have a good investment here.

hawick - 20 Nov 2005 16:40 - 18 of 112

Squidd you only need www.ofex.com where you can track the stocks there very easily. perfectly happy for anyone to use old posts. Well done with Plus.

moneyplus - 20 Nov 2005 16:43 - 19 of 112

hawick who deals online in ofex stocks? squaregain or hoodless don't-I keep reading about english wines as worth a punt.

hawick - 20 Nov 2005 16:47 - 20 of 112

Certainly wouldn't be one of my picks! Seymour Pierce and TD Waterhouse both do and i think most do now, but you may have to use that wonderful antique device, the telephone!

moneyplus - 20 Nov 2005 17:03 - 21 of 112

thanks hawick-maybe I'll pass on that stock better opportunities elsewhere anyway.CSB is a cracker!

squidd - 20 Nov 2005 18:14 - 22 of 112

hawick: Help!. Me, my steamdriven computer and its M2000 isn't up to it either. Can you set up a properly headed thread for PMK. I think it's going to need it.
Additionally, I would like to comment on your ofex HEP but don't like to intrude on the VOG thread.
sd.

hawick - 20 Nov 2005 20:28 - 23 of 112

Squidd I am sure as that thread appears to have gone quiet they wouldn't grudge you a quicky comment on Heritage, positive or negative, perhaps with the sweetener of what a marvellous company VOG is, lol! -:)

Surely this thread is fairly clearly dedicated to PMK?

moneyplus - 22 Nov 2005 15:59 - 24 of 112

still rising steadily--that'll do nicely for me. After dec 6th more mms are joining the trading platform so maybe attention will then turn to this one.

moneyplus - 25 Nov 2005 09:54 - 25 of 112

nearly through 20p mark today-anyone else joined yet??

moneyplus - 25 Nov 2005 15:18 - 26 of 112

22+p now-maybe some news coming!

squidd - 25 Nov 2005 20:15 - 27 of 112

Up 17% today, PMK is storming uphill ploughing through the profit takers on the way. I've only been in a couple of weeks and already I'm up around 30%. At this rate it will outpace my front-runners CSB and ULT, so will consider over the W.E. piling in more deeply.
sd.

squidd - 26 Nov 2005 02:46 - 28 of 112

With PMK reaching for the sky, felt I should copy the following contribution from hawick, in response to a query from me on the DGT thread about competition.

hawick - 25 Oct 2005 17:45 - 1690 of 1754
There are plenty of competitors squid in this area, but a lot of business to go around and PMK is not a direct competitor in the advisory sphere, PMK is the holding company for the Ofex market. Where they might become a competitor is in that several small AIM companies may feel that legislation from the EU will add to their costs and they will eventually use the alternative PMk wquotation system which will be cheaper than SETTS and the LSE offerings.

Interesting article explaining more dated yesterday, from which I post extracts below. I don't agree with all of it (bit too much of an 'ad' imho) but the mention is of three more market makers waiting in the wings for Ofex. brokers seem to be queuing up to offer the PMK alternative:

'By Garry White, stock market reporter on UK-Analyst.com

'OFEX is being heralded as the new AIM. But is this too early? Perhaps, but there is most certainly a buzz about London's most junior market that hasn't existed since the dot.com technology bubble of the late nineties and into the new millennium. A dramatic change in structure, led by an invigorated management the same team, incidentally, that built up AIM from scratch - now plan to turn OFEX into the most active smaller company market on the planet. A task that will clearly take time, but one that has seen its owner, PLUS Markets, gain wide support from the leading institutions in the City.
A market that was for so long plagued by illiquidity has been thrust to the opposite extreme, with three market makers now active and a further three waiting in the wings. A total of six market makers across such a small quantity of smaller companies is an enviable position, one that the smaller end of the AIM market can only dream of. In short, liquidity among the OFEX elite is far greater than that on AIM. Market makers are being slowly pushed out of the AIM market, with an order-driven book being taken to the fore. Again, this is a transition that will take time........
........ the story of the third tier to the true home of the equity markets is just beginning.
A markets directive, complicated by the meddlers at the EU, is making it increasingly difficult for the smaller capitalised companies on AIM to maintain a listing, without submitting to the excessive regulatory costs that are more in line with the main list of the LSE. This has created an added opportunity for OFEX. In time, it is inevitable that companies will leave AIM in favour of OFEX, due to its simpler, yet effective regulatory structure and kinder cost base. A no-go for so many investors in the past, there will surely come a day when in order to speculate on smaller companies in the UK you will have to trip the light fantastic, surrender your anti-OFEX sentiment and transact bargains on a dramatically improved market facility............
......Already a home to fanatics that have discovered the hidden and unloved gems that still hide away where so few men - and women for that matter - refuse to go, this is a market of the future.'

moneyplus - 26 Nov 2005 13:06 - 29 of 112

cheers squidd a good post. The sp is already doing well and the mms such as winterfloods have invested large chunks of money to get this going after financial problems last year. I feel when this is established and successful the sp will just keep rising-a long term hold! the mms have had their margins cut drastically by the new setts system and this is their fight back!

squidd - 27 Nov 2005 19:23 - 30 of 112

KZ: I think PMK will offer a wild ride, but only for funds you can afford to lose. It represents around 2% of my portfolio at the moment and I expect to build this to a maximum of 5%, probably this week. I can't offer advice on timing though 'cos so far the profit takers have been trampled, but this coming week should be very interesting.
sd.

moneyplus - 28 Nov 2005 11:06 - 31 of 112

tipped in Mail on Saturday-saying punters piling onboard ahead of the action in the new year. That presumably is when trading begins for the joining mms. up again today bound to be profit taking this week IMO.

squidd - 28 Nov 2005 17:41 - 32 of 112

I hope you're right moneyplus as I'd like to do some more piling in myself. Still surprised that we seem to be on our own with this little gem, I sometimes feel that investors on this BB tend to cling on to their shares well past their sell-by date, whereas I try to get out when they start to look wobbly.
And we've done well over on CSB also today.

hewittalan6 - 28 Nov 2005 17:49 - 33 of 112

I've got this, but only on my fantasy investment, 8-(.
But I have been on CSB for a long time, 8-)
Alan

moneyplus - 28 Nov 2005 18:05 - 34 of 112

welcome to the party Al--this one will be very interesting as it seems certain the marketmakers who've backed this are intending to make money by using the trading platform. Simon Brickles who is running it has a good reputation-he is credited with the success of Aim so I hope he is successful here. sp up again today but it must surely pull back soon for a breather--I intend to hold mine long term though unless they really rocket like VOG !!

hewittalan6 - 28 Nov 2005 18:20 - 35 of 112

I might get a few quid in for real, but all my cash is tied up with other things that are looking very good. If i get a shooter like VOG where I really should exit at the top, then this is the one I am watching very carefully to put my money into.
Alan

squidd - 30 Nov 2005 04:39 - 36 of 112

Only a small rise and few signs of the profit takers, but this may be the closest we get to an entry point for topping up.

hawick - 30 Nov 2005 10:57 - 37 of 112

Longer term chart suggests a lot of resistance at and above 25p. After a near 400% rise for the shares, might be time to consider locking in a few pofits.

squidd - 30 Nov 2005 13:18 - 38 of 112

hawick: I agree; my chart is telling me that a 400% rise is unsustainable and we should be taking profits before everyone else does. On the other hand, the background story is pretty compelling: the share was worth 35p a couple of years ago and it is a recovery stock; now, with dynamic new management and the EU regulators turning the screws on the competition at LSE, it ought to be worth at least that now. Think I'll hang on.
sd

squidd - 30 Nov 2005 13:28 - 39 of 112

And as I wrote that, some sellers appeared.

moneyplus - 30 Nov 2005 15:25 - 40 of 112

rns out today saying the plus service is officially launched on Dec 5th but warning that this will have a significant impact on the figures because of setup costs---still the sp goes up. I don't know which way to jump now!!

squidd - 04 Dec 2005 16:21 - 41 of 112

There are still few signs of the profit takers, and PMK just keeps rising. Perhaps this is going to be the next QXL (10 X in a year). I'm continuing to hold.
sd.

moneyplus - 04 Dec 2005 17:00 - 42 of 112

A good article in Red Hot PS about buying into Ofex and how it is set to grow as a market mentioning PMK as the operating company with supremo Simon Brickles in charge. It is regulated by the FSA rather than the LSE making it more suitable for smaller and obviously more risky companies to come to market. Tom B thinks it will thrive because too many large established companies are moving down to Aim now spoiling it's raisond'etre. so 146 companies are on Ofex and more queuing up behind them plus the new mms trading in the shares. I don't think it's private investors that are buying yet I think it's city boys who think this is going to succeed under the new management- why else would the likes of Winterfloods etc have put in the initial investment to get this exchange going again-it nearly went under last year under the previous management.
I'm like you squidd-reluctant to sell as I feel it will grow like Topsy but at the same
time can't believe how it's steadily rising!! holding for now anyway-good luck!

I picked HBG last year and sold for a poor 40 profit when they appeared to be ignored by the market---now look at them am I sick!!!

squidd - 05 Dec 2005 06:30 - 43 of 112

MP: Like you I never seem to get it quite right. I sold half my AEX shares a few weeks ago, only to see a further dramatic rise. But I pocketed a healthy profit, which was a huge improvement with say Redstone Telecom, where I held out for the moon.
I like to think that my score rate has improved and having re-read everything about PMK, I'm inclined to keep adding when funds become available.
sd.

moneyplus - 05 Dec 2005 13:00 - 44 of 112

very small pull back today but wouldn't be surprised to close blue again squidd.

hawick - 05 Dec 2005 13:17 - 45 of 112

Bit of buy on rumour.......... I think. The one I mentioned Ofex:STH rumoured to announce a decent sized fundraising at current price in next week or two - would be brill for them.

moneyplus - 06 Dec 2005 00:30 - 46 of 112

good article in the Times today-sorry yesterday saying trading has begun etc.

moneyplus - 07 Dec 2005 14:10 - 47 of 112

down a bit yesterday but on the way up again today-I'm still holding did you add any sqiudd?? now we need the tip sheets etc to start talking about them.

jimmy b - 07 Dec 2005 14:18 - 48 of 112

It was a tip in this months Quantum Leap moneyplus ,they only have two new buys in each issue.

moneyplus - 07 Dec 2005 15:08 - 49 of 112

cheers Jimmy.

moneyplus - 07 Dec 2005 17:26 - 50 of 112

shore capital took some profit yesterday and probably caused the dip but they still own over 4% and the sp closed on a new high-good for Quantum Leap. did they give any guess on future value jimmy?

squidd - 07 Dec 2005 18:18 - 51 of 112

With so many opportunities to take good profits on PMK, hardly anybody seems to want to, they just keep buying. I topped up a little during the dip, but wishing I had a lot more funds. Looking like a fire sale over on HHO, might be worth watching.

moneyplus - 09 Dec 2005 12:12 - 52 of 112

squidd don't you just love this share--up again this morning I'm surprised Shore capital sold a chunk so early bet they're regretting it now!

squidd - 10 Dec 2005 14:49 - 53 of 112

moneyplus: The latest rise puts PMK almost at the top of the LSE All Share leader board since early September, with a 4X multiple, and way ahead of everything else on this BB except possibly for QXL. This thread should be buzzing with excitement, yet you and me are the only ones apparently interested in it. I despair of my fellow investors who continue to back their pets, many of which to me look like no-hopers. I'm also virtually the only one backing ELA, which I've flagged on this BB, and which likewise is performing very strongly. Oh well, we can only lead them to the water.
I'm looking hard at PCM again after noting the QXL phenomenon.
sd.

moneyplus - 10 Dec 2005 14:58 - 54 of 112

I'm in PCM and prepared to hold long term--bid TV over here is certainly pulling in addicts so I imagine PCM will do the same for chinese buyers now they've streamlined the group and raised funding until 2007 end I feel the rewards are just around the corner!! I certainly hope so as I'm taking a hammering on VOG and wondering whether to cut and run. agree with you about the lack of interest but I found this with my threads on HBG and PRTY both have performed well also Neteller was ignored for ages and look what happened there!! it wouls be very nice if PMK goes the same way but who knows. enjoy your weekend.

squidd - 13 Dec 2005 09:56 - 55 of 112

Finally some profit taking, but the there doesn't yet seem to be heavy selling; perhaps just a breather on the way up.
sd.

moneyplus - 13 Dec 2005 11:45 - 56 of 112

squidd-bound to happen though the whole market is slipping today do you think this is a general sell off before the christmas break?? I tried to buy ELA through squaregain 3 times yesterday each time it told me I didn't have enough funds---is the price 11p as I thought or is it 11 in which case too rich for me!!

hawick - 13 Dec 2005 11:51 - 57 of 112

MP, I had a look at Elan too, quoted in Euros. Nice chart.

moneyplus - 13 Dec 2005 19:22 - 58 of 112

recovered well at the close maybe ahead again tomorrow.

squidd - 14 Dec 2005 19:40 - 59 of 112

moneyplus: The new non-exec director, Nicolas Smith who came aboard today, is also a director of ACHL, which has a following on this board. Very interesting too that he has bought 100k shares at the going rate of 25p. Yesterday's pause was, I think, a mini opportunity to top up before we hit 30p.

moneyplus - 14 Dec 2005 19:52 - 60 of 112

cheers squidd wish I could afford to add to my holding.

squidd - 15 Dec 2005 21:41 - 61 of 112

moneyplus: The recent pause has allowed ELA to overtake PMK in my portfolio. Hope PMK will catch up, but both doing amazingly well and bringing us lots of Xmas cheer. How can we kick start PCM.
sd.

moneyplus - 16 Dec 2005 01:52 - 62 of 112

PMK taking a breather and PCM needs at least a year--IMO of course.

hawick - 20 Dec 2005 19:16 - 63 of 112

I mentioned STH:Ofex before here's their trading update today and I think it shows just how they are already reaping the benefits of a 'greater' Ofex:

Capitals not mine, but I think it is pretty impressive and might have merited more than a 0.12p share price move.

ST HELEN'S CAPITAL PLC

TRADING UPDATE

The Board of St Helens Capital plc ("St Helen's" or "the Company") is pleased
to report on encouraging trading conditions during the final two months of
2005.

In November, St Helen's Capital completed four transactions raising GBP2.2m.
The four transactions were as follows:

* Vicorp Group Plc: a private placing which raised GBP879,440
* Datum International Plc: a private placing which raised GBP355,000
* Fidentia Ltd: a private placing which raised GBP150,000
* Application Developments Plc: an Open Offer and Admission to Ofex raising
GBP807,879

St Helen's is also pleased to report that it has been appointed as Corporate
Adviser to the following companies:

* V Eight Plc: an Ofex Admission and Offer for Subscription to raise GBP1.4
million.
* Avisis Plc: Ofex Admission and Open Offer to raise GBP450,000.
* Elm Investments Plc: an Ofex Admission for an investment vehicle
* Guild Investments Plc: an Ofex Investment vehicle raising early stage
finance

In December the following two transactions have been completed raising a
further GBP1.4m:

* Seabreeze Property Investments Ltd: a Private Placing which raised
GBP600,000
* Appian: Placing which raised GBP2.08 million of which St Helen's raised
GBP860,050.

This week DTT Plc starts trading on Ofex and is advised by St Helen's Capital
Plc. This is the first of several innovative developments from FIS Plc, also
advised by St Helen's, which creates investor opportunity in early stage
franchise investments.

On 1 January 2006, the St Helen's Ofex Division, run by Barry Hocken, Executive
Director, will be joined by John Bridges as an Associate Director in the Ofex
Division. John is well known in the Ofex community and we look forward to his
contribution.

St Helen's continues to maintain its position as the leading Ofex Corporate
Adviser with 24 clients and a strong pipeline of new business. The Company now
shows a positive profit and loss account, whilst creating a significant
portfolio of investments and share options in client companies which the Board
believes will contribute towards the Company's future development. In
addition, the lease at 15 St Helen's Place has now been renegotiated and this
will result in an annual saving of approximately GBP40,000.

Commenting Tony Drury, chairman of St Helens said: "WE BELIEVE THAT THE
POSITIVE DEVELOPMENTS AT PLUS MARKETS PLC, COUPLED WITH THE SUCCESSFUL START OF
TRADING OF THE PLUS MARKETS PLATFORM AND THE ENCOURAGING NUMBERS OF NEW
COMPANIES JOINING OFEX WILL SUPPORT SIGNIFICANTLY THE ST HELEN'S STRATEGY AND
THE DIRECTORS BELIEVE THEREFORE THAT THE FOUNDATIONS HAVE BEEN LAID FOR AN
EXCITING FUTURE."

squidd - 20 Dec 2005 21:06 - 64 of 112

hawick: Thanks for that trading update. I'm inclined to agree with the final comment about an exciting future. Hope you are aboard PMK, if not, the recent dip in the sp might be a useful point to join.

moneyplus - 21 Dec 2005 01:09 - 65 of 112

thanks Hawick sounds more promising than DGT maybe I should change over.

hawick - 21 Dec 2005 10:30 - 66 of 112

MP, you're welcome and I don't want to interfere with the thread again, but PMK does have some chart resistance around 25p from a couple of years ago and I think it might be close to running its course - newsflow not quite having the same impact for now. It can run again but maybe not for a while.

Re STH it is not a short term play and though liquidity is improving these things are relative (210k shares traded yesterday) but in two-three years I am sure it will multi-bag. But the last time I looked DGT had a market cap about four million with no stakes in their client businesses. The STH stakes are growing all the time, leaving the broking business valued at barely 1 million, which surely has to be wrong, about a quarter of DGT, and with a property investment arm set to float next year, STH is a very exciting long term investment imho.

DGT is a decent little business but on valuation grounds in comparison I think it is very hard to get away from Ofex:STH. Definitely worth a look.

moneyplus - 21 Dec 2005 12:19 - 67 of 112

Hawick agree with your comments re PMK and thanks for the details on STH-I'll hope to fund a few soon. Have a good christmas and a prosperous and healthy new year. MP

squidd - 22 Dec 2005 05:24 - 68 of 112

hawick: Not sure that my charts are saying the same thing as yours on PMK; and in any case, this time it'a different, or as we used to say during the dot-com boom years, it's a new paradigm. The pause may just be a breather on the uphill scramble.
Never did like DGT by the way, they always seemed to be foraging for peanuts.

squidd - 01 Jan 2006 20:47 - 69 of 112

PMK has now fallen around 35%, so maybe hawick was right about resistance @ 25p, but on the other hand, even after the fall, it has since July, outpaced all my other high fliers including AEX, CSB, ELA and ULT (not that I was in PMK in July).
The year end news summaries talk of the heavy regulation over at Nasdaq driving up the new listings on our AIM, so I'm still optimistic that the EU legislaters will be driving more onto OFEX and hence PMK. I'm staying in and probably adding.

moneyplus - 02 Jan 2006 17:14 - 70 of 112

Now the launch has taken place the interest has died down so this one may stay quiet for a while and slip back as we have seen. unless the tipsters pick it up we will probably have to wait for trading updates to see how it is doing. long term I'm still optomistic as so many companies are looking to join Ofex and Aim--one to add on dips I think. I'm also holding AEX and CSB-I think they could move up very quickly on any positive news. good luck for 2006 all.

moneyplus - 03 Jan 2006 12:03 - 71 of 112

moving up strongly again I'm pleased to see.

silvermede - 06 Jan 2006 14:15 - 72 of 112

PMK tipped in the 'Share Weekly' today on the everyinvestor.co.uk website.

hawick - 10 Jan 2006 10:38 - 73 of 112

Chart support around 15-16p which would be a fairly classical 50% retracement and a good buying opportunity imho.
May find some interim support around here before falling back, but better buying opportunity in a few weeks time imho, as long as markets in general don't suffer a major retracement (which I would not rule out btw).

moneyplus - 10 Jan 2006 11:04 - 74 of 112

took some profits so now holding free ones-will look to add some more when the market steadies. cheers hawick MP

hawick - 12 Jan 2006 08:20 - 75 of 112

"Ofex is pleased to welcome KBC Peel Hunt as the fourth market maker for Ofex securities."

silvermede - 17 Jan 2006 10:22 - 76 of 112

Anyone know why PMK has leapt into life this morning??

squidd - 28 Jan 2006 15:24 - 77 of 112

With all stock markets in bloom, surely PMK is due to resume its upward progress. Meanwhile, the prredators are circling LSE and there are hints in the W/E press that the NYSE might join the bidding. What price for a solitary minnow when it comes to their notice.

moneyplus - 29 Jan 2006 15:32 - 78 of 112

Good point squidd--I shall just tuck mine away and wait!

silvermede - 21 Feb 2006 13:12 - 79 of 112

New SP high today, anyone know if news is imminent?

moneyplus - 21 Feb 2006 13:19 - 80 of 112

only thing I heard was in the weekend press-another big marketmaker poised to join plusmarket trading. maybe the deal is done. very pleased with these and it's still early days I think--look at them fighting over the LSE !! LOL.

silvermede - 21 Feb 2006 13:27 - 81 of 112

moneyplus, many thanks onwards & upwards! :-)

squidd - 12 Mar 2006 10:59 - 82 of 112

So another predator, NASDAQ has joined the bidding war for LSE, with NYSE rumoured to be in hot pursuit. One of their motives may be to escape the US regulators, Sarbanes -Oxley in particular, but the arrival of the Americans over here is likely to encourage even greater efforts from our own regulators at FSE and EU, so any relief may be short lived. Meanwhile little minnow PMK should just grow and grow.

moneyplus - 12 Mar 2006 15:53 - 83 of 112

I'm hoping so too.

squidd - 13 Mar 2006 11:03 - 84 of 112

PMK up 7% this morning; maybe someone else has thought of the implications of the bid for LSE.

moneyplus - 13 Mar 2006 14:37 - 85 of 112

Squidd-very happy with this one the company will as you say grow like topsy while the bull market holds-not so sure if the market turns!

squidd - 13 Mar 2006 16:42 - 86 of 112

We're in good company; a big director buy at the going rate announced at the close.

squidd - 20 Mar 2006 12:23 - 87 of 112

JAH: In case you are looking in, this is to remind you to keep PMK on your watchlist. This morning's rise may be linked to the bidding war for the LSE, with people imagining that LSE is in some kind of limbo.

silvermede - 24 Mar 2006 11:08 - 88 of 112

Nice move up today so far, anyone know the reason for the EGM??

moneyplus - 24 Mar 2006 12:35 - 89 of 112

very nice move up. notice they are not expecting a long AGM-2pm to 2-15pm!!

silvermede - 27 Mar 2006 09:56 - 90 of 112

Another nice move up again today.

Moneyplus or Anyone else, do you know the reason for the EGM?? What's driving these rises???

squidd - 27 Mar 2006 10:10 - 91 of 112

The steep rise is probably due to the latest results that will be presented at the AGM; it's anybody's guess what the EGM is all about.
Meanwhile, although we have all been saying that PMk is too small to be noticed, currently 1/60th the size of the LSE, that perception surely must change at some point. Predators such as NASDAQ and NYSE looking at the LSE, presumably will look beyond the 300 year old building and examine the various trading platforms and they must then notice little PMK. Perhaps this is happening right now.

silvermede - 27 Mar 2006 10:33 - 92 of 112

squidd, Thanks.

moneyplus - 27 Mar 2006 11:57 - 93 of 112

I read a piece somewhere-money week I think or perhaps the Mail saying trading is going great guns with more mms signing up and many more companies wanting to float. they trade Aim as well as Ofex now and are providing stiff competition to the lse. I'm definitely holding for the long term-exciting prospects IMO.

silvermede - 28 Mar 2006 13:57 - 94 of 112

Up again and appears to be holding

squidd - 29 Mar 2006 05:48 - 95 of 112

JAH: The trouble with living down here is the New Forest owls who call me at around this time with important info about investing. Problem is I can't make out what the're saying; I thought at one time it was YOO, and that proved to be a costly mis-translation.
Anyway, glad to learn that PMK is on your watch list though sorry to hear you're not aboard 'cos I think this is going to keep climbing. It should be at least 1/10th the size of the LSE - so a sp of 1+, and this may be reached in early summer. Then the institutions will notice it and want a slice, which will push the sp to 2 or more. However, I have been known to get it wrong and wouldn't advise you to buy at these levels. Meanwhile, my charts are telling me that it's time for the laws of gravity to re-assert themselves and bring about a correction. If this happens and the sp drops, say10% for a few days, that might be the time to jump aboard. I will look to be topping up on any dips.

silvermede - 04 Apr 2006 11:44 - 96 of 112

Anyone know the reason for the EGM yet??

silvermede - 20 Apr 2006 17:03 - 97 of 112

Did anyone attend the AGM & EGM held today and if so what was the purpose of the EGM???

squidd - 29 Apr 2006 10:51 - 98 of 112

JAH: In case you followed me into PMK, this is to let you know that I sold all during the week for my biggest ever gain. I still think PMK has great potential, but I worried that the high flyers would be in the firing line should the "Sell in May" brigade appear.
sd.

silvermede - 13 Jun 2006 12:52 - 99 of 112

PMK Growth continues:

LONDON (AFX) - PLUS Markets Group PLC said it has extended its stock coverage to include 50 of the constituents of the FTSE 250, in response to customer demand.

This brings the total number of securities traded on PLUS to over 800, comprising over 670 small and mid-caps quoted elsewhere in London and some 160 companies quoted on its own primary market -- currently known as Ofex, soon to be known as PLUS.

PLUS also said that Bloomberg have commenced carrying PLUS data and that Numis Securities has joined as market maker.

Also joining PLUS as broker dealer members are Redmayne Bentley and The Share Centre, it added.

PLUS is an independent London equity trading service, based on a quote-driven system, for publicly traded securities.

hangon - 11 Aug 2006 14:20 - 100 of 112

Plus has been falling for several days now, little by litle it's becommiing a trend. I'm not at all happy with their confusion-adding Re-naming of Ofex and wonder if this hasn't taken too much Executive time?. It didn't need changing and adds nothing to its value IMHO.
What it does is make folk think OFEX stock has changed and maybe PLUS with it, time to take a profit and move on. If it keeps falling that;s what I'll do - you can only take so much without comment from the Company.
(their last comment was on "Options", perhaps I should have seen sp trouble brewing..Options are a worthless imposition on investors)

silvermede - 12 Oct 2006 15:22 - 101 of 112

Interesting article in the Telegraph today on PMK c.f. LSE:

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/10/12/ccpoint12.xml

foale - 26 Oct 2006 14:03 - 102 of 112

If it can get over 27p on the large volume that has been going through..since the lows...then things will start to look better...

THis amount of volume something must be up...

Golden Cross - 16 Jan 2007 09:04 - 103 of 112

Just added in the light of the strategic plan and the difficulties with the over valuation of LSE etc

Golden Cross - 16 Jan 2007 21:10 - 104 of 112

No movement today.

Marcel1970 - 04 May 2007 08:36 - 105 of 112

Things seem tobe picking up on this one, any one any thoughts.

foale - 22 May 2007 11:30 - 106 of 112

moving up

foale - 22 May 2007 16:26 - 107 of 112

up 16%.....the news out does not seem to warrant that sort of rise...

Probably find out after hours or tomorrow....

foale - 18 Jun 2007 08:14 - 108 of 112

I am looking for this to penetrate the low 30's a bit more this week..

Seems well supported at 29-30p

wizardsleeve - 25 Sep 2009 11:03 - 109 of 112

look to be having a run today......this one egm at 11am I believe........accoring to another BB.......

moneyplus - 25 Sep 2009 13:48 - 110 of 112

I think I may return to this one soon it's trading volumes are increasing well and I did very well on it before. watching and waiting!

hangon - 05 May 2010 14:20 - 111 of 112

2.5p today, means these are cheaper than face-value stocks . . . . what a winker!

Note also some posting under the nemonic "PLUS" ( in investor's-room).
I have a spoon's-worth bought at 8p

EDIT(19Jy10)-up 24% on last Fri News of Director spending only �15k - this appears to be his first Buy - pathetic, unless he knows something we don't - like the truth is out- this is an awful investment, either as PLUS on indeed "in" plus. For Plus investments, read "Minus" - all IMHO....DYOR...+look at the sp graph!
EDIT-(27Jy10)-Going down as y'd expect. These are 5p face value trading at 1.87 . . . can someone tell them to get their Website in Order...IMHO it's rubbish and why would anyone want to use it, other than to sell perhaps?
EDIT-(12Aug10)-down a tad on �15k Sells, with one Buy of �3k - was that wishful ? - One against, Twenty. 1.7p mid.
EDIT(19/8/10)-Newsflow suggests share rise today 25% because Director bought 1m shares last Friday at 1.55p - well, perhaps he should have told the Market, or did this Market-maker forget there are AIM Rulles? Looks pretty amateur, doesn't it(?), - what with today being Wednesday!
Then look at their website and see how NOT to do it...what a mess! Now 1.66/1.75 pence...Face value 5p Arrgh!
EDIT (8Jn2011)- AGM today - will anyone go? SP= 1.5p but website contrast now OK, -What a bunch of winkers, eh? Anyone made money? Phew! (EDIT19Aug11): 1.4p
EDIT (14Dec2011) _ another fine year for Plus and down yet more - hopeless.
EDIT (3Feb2012)- Oh deary, seems these dimwits are about to sell the company - er, excuse me - get off the Board and let someone else provide "Shareholder Value" your spent..... It will be interesting to see if anyone close to the company sees value that somehow eludes the Directors.... Still, "Plus" always was "Minus" in my mind.
EDIT (17April2012) - 15% rise as Dirs agree to look at "offers" - who would offer on this rusty bucket? Start to give the Market (your customers!) a decent ride. Mid, currently 1.1p - My losses are enormous!
EDIT(14May2012):- Down 74% DYOR - as Offer talks close.... well, that should be a lesson to you all, the Directors should never be employed in Finance, (or selling matches ) again. Plus has been a complete disaster and effects badly those SmallCo's they list and ignore their shareholders. 0.25p today, that's 4/penny!
EDIT:(21Jn2012)-Up 70% on trades of 5m Buys with 3m Sells . . . are folks day-trading this runt? [ 5m~£10k]-hardly seems worth the risk.

VIJAY128 - 21 Jun 2012 11:51 - 112 of 112

Similar to this company is TEP Exchange Group(TEX) - I considering the platform deal with income per qtr £230,000. It looks promising. Also the possible dividend payment of 0.03p it is very encouraging to know that you will get some of your investment back and a better balance sheet end of the day. With next years results could be as much as it is now with the income from SL. It is good for long-term.
http://www.brrmedia.co.uk/event/98795/david-roxburgh-managing-director
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