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IGG Ig Group Holdings Plc

736.00
9.50 (1.31%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ig Group Holdings Plc LSE:IGG London Ordinary Share GB00B06QFB75 ORD 0.005P
  Price Change % Change Share Price Shares Traded Last Trade
  9.50 1.31% 736.00 1,848,887 16:35:18
Bid Price Offer Price High Price Low Price Open Price
734.50 735.00 742.50 721.00 724.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commodity Brokers & Dealers 1.02B 365.4M 0.9530 7.71 2.82B
Last Trade Time Trade Type Trade Size Trade Price Currency
18:10:43 O 433 739.039 GBX

Ig (IGG) Latest News (1)

Ig (IGG) Discussions and Chat

Ig Forums and Chat

Date Time Title Posts
19/4/202414:43IG Group3,937
26/2/202213:52IG Group (IGG) One to Watch on Tuesday 11
22/10/202101:56THE HEDGEFUNDS AND STUART WHEELER ARE ITCHING TO GO LONG5
05/8/201110:55 * IG Group *38
15/9/201010:32IG Group342

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Ig (IGG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
17:10:44739.044333,200.04O
17:10:44738.248085,965.00O
17:10:44738.461,1318,351.94O
17:08:56737.5744,236326,272.35O
17:07:12734.8614,084103,497.68O

Ig (IGG) Top Chat Posts

Top Posts
Posted at 23/4/2024 09:20 by Ig Daily Update
Ig Group Holdings Plc is listed in the Commodity Brokers & Dealers sector of the London Stock Exchange with ticker IGG. The last closing price for Ig was 726.50p.
Ig currently has 383,407,764 shares in issue. The market capitalisation of Ig is £2,816,130,027.
Ig has a price to earnings ratio (PE ratio) of 7.71.
This morning IGG shares opened at 724.50p
Posted at 19/4/2024 13:45 by sick of it
Excellent platform and always good service
Feel free to go elsewhere but in my experience IG is the best.
Hopefully the share price responds soon! £10 be nice and should get there with the new CEO
Posted at 10/4/2024 19:33 by bargainsniper
Igg is a core holding for me.Excellent company
Posted at 10/4/2024 11:50 by alotto
Bull, I think you may be right. Customer base is stagnating dangerously. Also reducing staff is a sign that the management can see a storm at the horizon. I would have bought IGG if the trading update did not have the red flag on the shrinking/stagnating customer base. I hope the next TU proves me wrong
Posted at 14/3/2024 07:23 by hunter154
OMG, I take back what I said a few minutes ago.
Just seen the rns where CFO and COO are leaving, with the latter going with immediate effect. @LWHL , we have been saying that the C suite needs to go and hopefully the new CEO fires these guys…..looks like they have jumped before being pushed. Probably explains why no Q&A today.
I am very happy that the garbage has been cleared, as these guys are the reason why profits have dropped and share price is below £10.
Posted at 05/2/2024 15:58 by adamb1978
Problem with buybacks usually is that a company only has confidence to do them when things are going well...which is also when the share price is high, in which case they represent less obvious value

For profitable small-caps today who have a net cash position, I'd be very happy if they commit some cash to a buyback if they're trading at the sort of derisory levels which some are
Posted at 01/2/2024 15:08 by florence141414
H124 results to November 23 showed legit adjusted profits of 150m or 300m annualised. These are subject to interest earned on client deposits and client appetite for trading. I think that the return of trading activity, implementation of 50m cost savings and only a small reduction in interest rates mean that if anything risks to these profits are skewed to the upside. The FCA inquiry into interest earned on client funds will continue to be a drag to the share price until it is resolved. If a worst case outcome is that they lose 50% of interest earned then that would equate to a 70m drop in annual profits. My suspicion is that it won't be anywhere near this bad and even if it is that would in turn make holding money with these people much more attractive which could lead to increased trading profits. Wait and see what happens with the FCA but I think it could turn out that profits increase here in the medium term.
Posted at 08/1/2024 07:27 by hunter154
A really good trading update from CMC today. Might give IGG Share Price a push this morning.
Posted at 27/12/2023 19:29 by adamb1978
Disappointing when people sell out, however I still think this offers great value. FCF yield won't go under 10% til the share price is over 900p and they'll have over 20% of market cap in cash by the end of the current financial year
Posted at 08/12/2023 08:01 by adamb1978
Good that the gap has been filled. The Cost cutting seems to have provided a spurs to the share price. Hope the new CEO keeps buying back shares
Posted at 06/12/2023 10:42 by adamb1978
I'd like to see them continue with the buyback and extend it through 2024.

The FCF yield is sky high given where the share price is so would be good to plough that back into buyback shares. I'd be happy for that to continue whilst the share price is <1000p!

They're also going through a cost reduction plan at the moment, so what else would they use the cash for? No real benefit from increasing the yield more, dont want the distraction of M&A whilst already doing a cost cutting exericse and running the business, don't need to stockpile cash...the buyback is a very good use of their capital in my view
Ig share price data is direct from the London Stock Exchange

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