|IG Design Grp.
||EPS - Basic
||Market Cap (m)
IG Design Grp. Share Discussion Threads
Showing 2851 to 2873 of 2875 messages
|Free cash flow over £10m a year|
|Seller will clear soon then we rocket up again|
|More from Gervais Williams – Miton Group – Fund Manager Week Interviews.
time 2 retire
|I wonder what today will bring after the above 2 posts, cheers both.
Me thinks its going to "fly", a buy already gone through at 260p|
time 2 retire
|Paul Fineman interview....sounds good, excerpts:-
Britain's biggest wrapping paper company has described the collapse in the pound as "the icing on the cake" as it cheers bumper Christmas trading.
IG Design Group chief executive Paul Fineman told the Press Association that the company saw greater benefits from international sales following sterling's collapse, with foreign currencies boosting earnings in the holiday run-up.
"I'm pleased to say that a very significant part of our growth is not just about foreign exchange translation. The foreign exchange translation is the icing on the cake, not the cake itself," he said.
While the AIM-listed company is still awaiting a raft of electric point-of-sales (Epos) data that will confirm year-end sales, Mr Fineman stressed that the company has been experiencing "strong" organic growth in markets including the US, Australia, continental Europe and the UK, with discounters like Aldi and Lidl driving a healthy proportion of revenues.
"Overall, it seems like a pretty strong Christmas, across product categories: bags, greeting cards and crackers too," Mr Fineman said.
"And of all the data we have had back so far, we're seeing most channels performing well but the entry level and deep discounting is noticeably strong, I would say double-digit growth."
|A scsw nap of the year - mentioned in latest issue received yesterday!|
|Thanks so when do they finish selling that's the point to buy back in|
IG Design (LON:IGR, 256.00p) – Speculative Buy
IG Design Group, a leading designers, manufacturers and distributors of gift packaging, greetings, stationary and play products, yesterday provided its trading update for the three months ended 31 December 2016 ('Q3 FY2017'). The Group said it has continued to perform well since the half-year with all regions are trading profitably. The Group remains confident to deliver full year results in line with the Board's upgraded expectations announced in November 2016.
Our view: IG Design confirmed that it remains confident to meet full year expectations following its key Christmas trading period. There is a problem, however, in the respect that there is currently a perceived overhang in IG design shares. Highly influential holder, Miton Group, has been seen to be reducing its holding through a series of disclosures since December 2015, taking its over 20% down now to below 16%. The Diverse Income Trust, a 3.88% shareholder, has also been selling down their position recently. Until investors are convinced these exercises have been completed, the shares are likely to be held back. This is unfortunate, given the operational progress the Group continues to make, having proven that its global expansion and acquisition strategies are working well. IG delivered financial performance ahead of expectations at the interim and generated a strong order book, while upgrading its FY2017 expectations and increasing its full year dividend guidance to 4p per share (FY2016: 1.5p). The shares are valued on FY2017E and FY2018E P/E multiples of 16.2x and 14.7x with dividend yields of 1.6% and 2.0%, respectively. Considering the successful acquisition of Lang Companies Inc., a highly complementary US-based supplier of quality gift and speciality products, on 11 July 2016, we believe the Group will further benefit from the strong performance of its US divisions (FY2016 revenue stood at 40% of the Group), further supported by positive currency translation effect. While domestic operational cost pressures will be felt due to Sterling's devaluation, with current year domestic revenues expected to represent less than one-third of the total, the market is possibly underestimating foreign exchange benefits presently accruing. In this respect, Beaufort remains impressed with the progress being achieved, particularly given that IG's operations are largely insulated from background macroeconomic and political uncertainties. In light of this, Beaufort reiterates its Speculative Buy rating on the shares, although it understands the technical overhang may hold them back until it is cleared.|
|From The Motley Fool...
Why IG Design Group plc is set to soar by 20%+ after today’s update.
A few biggish trades going through at the moment-maybe the big guys are about to step in...|
time 2 retire
|Perversely, I think down as the chart is showing a short term downtrend, with rallies being sold off quickly and today seems to be the same, it's a concern that with the good news it can't break through.
Also, bar an acquistion, there will be a news lull for a few months, which won't help. It looks like 230/235 is the support level, hopefully that will hold.|
|Sold out early doors|
|Any thoughts on where this might go? I used my spidey sense charting skills to buy in at 242 two days ago and was looking to exit at 275p but this has shot off this morning.|
|this will scale new highs....IMHO of course|
|Nice new year present|
|Results in line with upgraded expectations. I suspect they have a little left in the tank to beat.|
|And one of mine too daviddosh|
|Looks low on the chart just picked up 10,000|
|IGR is one of my five picks in the Stock Challenge for 2017 so fingers crossed
|Last year it was the 18th of Jan so not a definite for next week.|
|There is no date given for this update but the company generally reports to the market early in the new year with trading numbers over Christmas and a quick look ahead to the rest of the year.|
|Good to see some support for the share price here and a good bounce.
Looking forward to next weeks trading update.|
|Very few shares out there t2r. MMs drop the price trying to make a market and if there are a few profit takers the price falls. As it falls others bail too in a spiral down. Its a very short sighted way to trade in this share as the long term future is extremely bright.|