Ig Design Share Discussion Threads

[cfro] 24/6/2016 14:20

Name change later today....

Personally i think the falls here has been a little over-done as volume has been small.

[time 2 retire] 24/6/2016 13:06

There hasn't been a lot of selling today ps plus more buys than sells yesterday too, its just politics that have dragged this winner down lately-we all know whats coming next Wednesday and i'm expecting a big bounce, on the positive side there will be a lot more free float of shares available after this latest fall...

GL

[psolomons] 24/6/2016 12:34

I know times are uncertain but unless people need the money I can't see why anyone would sell IG. The numbers next week should be very solid. None of the major holders are selling.

[psolomons] 20/6/2016 16:23

I don't think we need to worry about brexit. In these situations the bookies are usually right. They reckon we are staying in the EU.

[jimbobjames2002] 14/6/2016 09:12

Hi guys, just wanted to get an idea of how Brexit might affect IGR - any views?

Cheers

jimbob

[time 2 retire] 13/6/2016 23:09

We all know how quick this share can move with even the smallest of trades so nothing to worry about, as ps points out above-just a bit of profit taking is always to be expected.

Just over 2 weeks till we get our next set of solid results so we'll soon bounce back IMO.

GLA

[nfs] 13/6/2016 22:01

Well I bought in, good results and outlook anticipated

[psolomons] 13/6/2016 20:50

In my experience IGR does not leak information so I doubt there is a problem with the full year numbers.
It must be people taking profits.

[refillmore] 13/6/2016 19:20

IGR had a big drop today. It had been trending upward nicely. Any ideas on what caused this?

[time 2 retire] 07/6/2016 17:03

A nice little tonic today coming ahead of the pending full year results.
We could do with a few write ups and tips off a couple of journos now to get us moving up...

[interceptor2] 07/6/2016 12:50

Agree that it is good news for IGR, with debt falling each year giving HSBC confidence in IGR financial controls. In the statement the FD said "on improved commercial terms" as already mentioned even a small reduction with interest costs will make a significant difference to the bottom line.

[psolomons] 07/6/2016 12:26

Very basic calculation. Say the saving is as little as 1%, that would be considerable if the debt averages at £50M. That's year on year savings added to bottom line or overall debt reduction.

[psolomons] 07/6/2016 12:07

All savings go to the bottom line and my guess is they will be considerable. We will find out at the end of the month.

[jeff h] 07/6/2016 12:02

I wonder if they have an acquisition lined up?

Debt was probably close to its seasonally high at £78m as at 30/9/15 and has been falling since then.

[daz] 07/6/2016 11:52

They don't say how much the interest saving is but presumably they wouldn't have renegotiated with 5 years of the current facility remaining unless there was a reasonable saving to be made.
Certainly the market seems to think so.

[psolomons] 07/6/2016 11:11

The re financing is very seriously good news for IGR !