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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!
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