Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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?

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.'
Register now or login to post to this thread.