Ig Design Share Discussion Threads

[interceptor2] 18/4/2016 17:45

Cenkos cover this stock, last year when IGR released a positive trading update on 21st April 2015, Cenkos did issue a note and increased estimates on the same day.

When I see any new estimates I will post them here.

[market sniper 3] 18/4/2016 17:19

Surely this one as brokers following it, cant find anything yet though.

Anyone know who does follow it please?.

Not meaning eddison.

[daz] 18/4/2016 16:57

Thanks Dave,

An historic p/e of 14 is far from expensive, given the savings that will accrue from the investment in the US plant this year on top of the growth in the core business, which is seeing continuing momentum, probably on a forward p/e of 12 to 13, which leaves decent upside.

[davebowler] 18/4/2016 15:09

Edison;
The year-end trading update indicates that International greetings (IGR) ended FY16 strongly in all its geographic regions, with good momentum into the new financial year. FY16 earnings per share will be at least 13.0p (Edison forecast: 12.1p). Cash performance was also well ahead, with deleveraging comfortably outperforming our modelled outcome, which showed an end-March net debt figure of £26m. The full year dividend is to be recommended at 2.5p (our forecast: 2.0p). FY16 numbers and FY17 estimates will be revised up on publication of the full year numbers at end June, underlining the strong value in the shares at current levels.

[market sniper 3] 18/4/2016 10:47

International Greetings' (IGR) financial performance in the year ended 31 March was ahead of expectations, resulting in a further year of double digit earnings per share growth. The shares were up 11.79% at 174.4p.

[...]

[cfro] 18/4/2016 09:43

Also bought back in this morning. Agree with the comments made above. Management are hitting targets and the company is firing on all cylinders.

[bruceylegs] 18/4/2016 09:25

SCSW may choose to highlight IGR again in their May issue.

It previously tipped the company in January, highlighting the CEO's plan for double digit EPS growth for the next 3 years, possibly via acquisitions to move from a gift packaging business to a "celebrations business" ("everything but the cake").

[interceptor2] 18/4/2016 09:24

Lovely confident statement this morning, have bought back in. IGR have quality management imo, and certainly delivered last year on their expectations, I see no reason why this wouldn't be repeated again this year.

[market sniper 3] 18/4/2016 09:09

International Greetings PLC to hike dividends more than expected
Share
08:30 18 Apr 2016

Gift packaging company pledged to pay a final dividend ahead of market expectations at 1.75p

International Greetings PLC to hike dividends more than expected

Company's earnings per share rose in double digits again in the year to the end of March.

Gift packaging group International Greetings plc (LON:IGR) reported a better-than-expected annual financial performance and said dividends would be higher than anticipated.

International Greetings, which makes and distributes packaging, greetings, stationery and creative play products, said earnings per share rose in double digits again in the year to the end of March.

It pledged to pay a final dividend ahead of market expectations at 1.75p, resulting in an overall full year dividend of 2.5p in 2015/16 against 1p in 2014/15.

The group said operational cashflow and debt reduction continued to reduce leverage significantly ahead of expectations.

All regions increased business year-on-year and would achieve an overall outcome ahead of market expectations.

In the UK and China, record sales combined with excellent manufacturing boosted profitability more than expected.

In continental Europe, higher sales and effective mix management mitigated anticipated foreign exchange transaction headwinds.

Trading in the second half of the year in Australia helped to significantly increased overall total profit.

In the US, commercial, operational and financial performance has been extremely encouraging, helped by manufacturing investment.

Chief executive Paul Fineman said: "It is especially pleasing that we can report profits growth throughout all regions of the group.

“This is a particularly exciting stage of our development in which we remain well positioned for organic growth and continue to seek compelling acquisition opportunities.”;

Share

[psolomons] 18/4/2016 08:59

Very pleasant reading this morning and my thanks too t 2 r.
Lord G. I shouldnt have asked how many shares you sold, only if it was enough to move the price. I hope you kept a few.

[bruceylegs] 18/4/2016 08:59

EPS expectations are 12.1p according to Stockopedia.

[panic investor] 18/4/2016 08:49

Perhaps a move back to traditional values by customers - hope so !

[market sniper 3] 18/4/2016 08:45

IGR International Greetings.

SP moving up after the company reported this morning financial growth beyond expectations in many areas of the Business. Looking forward to Broker UPGRADES.



Company

International Greetings Plc engages in the designing, manufacturing and distribution of gift packaging and greetings, stationery and creative play products.The company products include licensing, gift wrapping, crackers, cards, stationery and activity, gifts and bags.

Valuation 2016e 2017e

P/E ratio (Price / EPS) 12,9x 12,1x
Capitalization / Revenue 0,40x 0,39x
EV / Revenue 0,51x 0,48x
EV / EBITDA 6,89x 6,33x
Yield (DPS / Price) 1,28% 1,92%
Price to book (Price / BVPS) - -

[market sniper 3] 18/4/2016 08:21

Financial performance is ahead of expectations'

[jeff h] 18/4/2016 07:58

Wow superb.

Well done IGR, and well done t2r for calling it correctly.

[daz] 18/4/2016 07:58

Yes, couldn't ask for anything more.

[boonboon] 18/4/2016 07:44

Excellent update. Does anyone know what the EPS expectations were?

[time 2 retire] 18/4/2016 07:09

What a cracking Trading Update, progress well ahead of expectations on all fronts...

[time 2 retire] 14/4/2016 17:49

Cheers Jeff, we should be getting our trading statement next week so some significant positive movement could be on the cards...

I found this today also...

hxxp://licensingsource.net/licensee-insights-international-greetings/

We ask group licensing director Helen Webster for the licences she thinks will shine this year.
In a special series on The Source, we gather together some key licensees and quiz them on their top sellers and get their tips for the ‘next big thing’.
Today: International Greetings.
Helen Webster, group licensing director, International Greetings
“There are some really exciting brand new licensed offerings coming through for 2016. First up is our stationery and sticker range for Marvel’s Captain America: Civil War.
“Another sure-fire winner will be Copywrite’s fantastic stationery, creative play and sticker display on The Secret Life of Pets. We are already getting a massively positive response to our Pets product offering so this is definitely one to watch.
“The final two licences that stick out for me for 2016 are our offerings for Finding Dory and The Trolls Movie.
“A big hope is our fabulous new range of emoji stationery. Everyone at Copywrite is very excited to be able to offer the UK the first and only official emoji stationery range.”

[jeff h] 14/4/2016 14:04

Full page Buy rec in Shares today - no news news in article to long termers here.

[psolomons] 08/4/2016 14:40

If you don't mind me asking Lord G, roughly how many shares did you sell. It makes a difference when working out how much this fall is over done. Don't worry if its confidential.

[psolomons] 08/4/2016 14:40

If you don't mind me asking Lord G, roughly how many shares did you sell. It makes a difference when working out how much this fall is over done. Don't worry if its confidential.

[psolomons] 08/4/2016 11:23

Good luck your Lordship, you have been here a long while !

[lord gnome] 06/4/2016 11:40

Sorry T2R but some of the selling is down to me. I have finished selling out my holding this morning. Lady Gnome and I are moving house and we need to realise a fair bit of cash. Nothing wrong with IGR, just that we have other priorities at the moment. I have trebled my stake, so I'm a very happy bunny.