Ig Share Discussion Threads

[spob] 17/1/2011 18:02

personally speaking I have been fleecing IG Group myself over the last year.

I know that on the whole the reverse is true for IG Group.

[spob] 17/1/2011 17:58

you mean the clients of SB's

[spob] 17/1/2011 17:57

useless in what respect

[jon827] 17/1/2011 17:49

Im long here as well spob and iv been doing a lot of research into how useless spread betters are, im sure the results will be ok!

[spob] 17/1/2011 17:24

Spread betting firm IG Group releases interim results covering the six months to the end of November. The company has already indicated that it saw a 9% jump in first half revenue despite a number of regulatory hurdles in Japan and the US.

Sales are expected to be in the region of £157m, with mainland Europe driving the improvement. Regulatory restrictions in Japan, which came into play in August, have had an adverse impact on client activity levels there, and broker Panmure Gordon will be interested to see if there is any comment on the scale of the write-down likely on the Japanese business.

The broker also wants to know whether back office integration delays in the US have been resolved.

Despite these concerns, Panmure Gordon remains a fan of the stock. "This is a low capital intensity business with expansion into new geographies requiring limited upfront capital. With £140m of net cash estimated at the May year-end, excluding client money, IG holds a significant free cash balance surplus to its regulatory requirement. Sale of the non-core Sports betting division, which has been speculated for some time now, increases the likelihood of a special return to shareholders, in our opinion," the broker said.

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[hopeful holder] 15/9/2010 10:32

this is trying to break away from the very low £5, plenty of potential here and agree with mr_r.

HH

[mr_rush] 14/9/2010 23:17

Looking very nice.

As I previously mentioned, it could break FTSE100 in the next 2 years. I suggest anyone with a long term strategy to hold out until 2012 at the earliest.

[jimmymcs1] 10/9/2010 09:28

hope your right

[jolomo] 10/9/2010 08:16

I think its just a bit of profit taking. IMS was fine & I'm expecting a rise today with a finish above £5.

[jimmymcs1] 10/9/2010 07:43

is there any body there???
why the steady fall ?

[sco77harris] 27/8/2010 22:31

im buying in here next week, despite the rapid rise, i believe the volatility over summer and launch of the iphone app will allow them to continue to grow.

[mr_rush] 26/7/2010 20:42

Questor says HOLD



Love the divi. Great growth company. I am keeping for the long term.

It may well break FTSE100 next year.

[robrah] 21/7/2010 14:30

this is fine come back from yesterdays 's low

[robrah] 21/7/2010 08:52

yip it a sight for sore eyes although I do wish got in on a better price lol. but hay i sure am glad to break even

[iomhere] 21/7/2010 08:38

Robrah
See, onto the sunny uplands.

[nellie1973] 21/7/2010 07:33

Two broker notes saying BUY target 485p

[iomhere] 20/7/2010 16:35

Robrah
Tomorrow's papers might do the trick and at the end of the week perhaps Investors Chronicle may rate them a buy. I think it's been an IC favourite in the recent past.

[robrah] 20/7/2010 14:32

IOMhere ,

fair comment ( it seems to be the case as observed by u r self ),

Any hope of this doing a turn around anytime soon, I unfortunately got in today when the price was 460 ( kicking my self lol)

[iomhere] 20/7/2010 13:34

It's not a professional observation but there seems to be a degree of perversity when results in line with expectations are announced. It's not guaranteed but I have noticed that when the price goes one way in the first twenty minutes or so, it then goes the other. That seems to have happened with IGG today added to which NY is expected to open lower on Goldman Sachs so financials are probably being fingered.

[robrah] 20/7/2010 11:25

any reason why this is down today . the result seemed ok ?

[woracle] 09/6/2010 11:08

Well, took some off the table just now. Can't think of a single share thats at an all time high in these markets.

[woracle] 09/6/2010 09:17

Must have been a good conference call. Must check it out later. I would be surprised if we could break out in this market but u never know..

[woracle] 09/6/2010 08:24

Beat revenue and EBITDA expectations.. u know what they say about bookies..

[woracle] 18/5/2010 08:55

guidfar, will have a play with CS platform when I have a moment. Just annecdotal, but a lot of posts around advfn boards with punters vowing to start spreadbetting as a result of CGT. Added with this, increase in volatility in markets this year, all good for business.