Ig Share Discussion Threads

[miata] 13/3/2012 12:46

The UK business achieved revenue of GBP39.4m compared to GBP39.9m in the prior year, a 1.4% decline driven by a 1.1% increase in active clients and a 2.5% fall in revenue per client.

[undervaluedassets] 13/3/2012 11:04

Listened to the conference call:

Recent trading has been solid rather than spectacular.

Record numbers of clients with record balances.

Big push in marketing currently.

Embryo start-up in the US.

As ever great company doing everything right.

[iomhere] 13/3/2012 07:27

There is a theory that those with the bug reconcile themselves to the lack of volatility and trade on reduced expectations.

[undervaluedassets] 08/3/2012 09:02

Well some of the volatility to the indicies is returning.

IG trades well on the back of volatility. Got to be good for these.

[sebass] 29/2/2012 15:33

I would not worry about worldspreads they are in the different league to ig with breadth of product, advanced platform,technology,marketing spend etc.. I think the lack of volatility and the tough comparables will be the main drivers and that has been not great since december. Nothing ig can do about that. Value will come out in LT in the meantime the yield should keep investors happy

[undervaluedassets] 29/2/2012 10:41

IGG will get WSPR customers when they fold.

[miata] 29/2/2012 09:48

In addition, Worldspreads announced transactions up 60% and active clients up 35%, ie the competion is increasing.

[m.t.glass] 29/2/2012 09:34

One of IG's smaller peers - Worldspreads.com - (WSPR) has this week been making excuses for its own poor performance:

".....A combination of benign market conditions and low volatility in certain key markets has significantly impacted revenues. As a result the Board now anticipates that the Group will report a loss for the full financial year. The Board believes that the Group has recently been experiencing an unusual pattern of client trading and fully expects a more normal trend to prevail in future. The Group maintains a strong balance sheet with net cash of EUR7.0 million as at 31 January 2012.

As a separate and unrelated matter, Director and CFO of the Group Niall O'Kelly has submitted his resignation after eight years' service to the Group....."



They are only a hundredth the size of IG, but their comments on how the spreadbet market has been lately might be percieved as indicating similar market conditions afflicting others? Their ceo quit, and share price dropped.

[undervaluedassets] 29/2/2012 08:38

Thanks MIATA. where do you get your news service?

[miata] 29/2/2012 08:35

Get a better news service.

"Citigroup cuts IG Group rating".

Target reduced by 30p.

[undervaluedassets] 29/2/2012 08:23

anyone any thoughts on the fall this am. dropped 4 % on no news.

[miata] 24/2/2012 15:56

24 Feb IG Group Holdings... IGG UBS Buy 478.70 555.00 545.00 Retains

[m.t.glass] 10/2/2012 16:20

Rushing towards a high close for today?

[sebass] 02/2/2012 08:04

Bear case-

Saturation of UK market spread-betting market (still showing good growth when markets are volatile)
Introduction of financial transaction tax could affect european business (Seems France are pushing for it and germany have been more reserved about it)
Future regulation (Nothing at the moment except for ftt but it must always be considered a threat look at what happened in japan)
Low volatility environment means less revenue for IG (worth considering tough comaparables from august onwards and since december volatility has been down)

I hold I think it's a great business and should be rated on a p/e of 15 IG clearly have a competetive advantage due to a great platform, breadth of product offering, marketing firepower, Technoligical advantage they spend alot on IT, great reputation in the spread-betting industry and great customer service. MAnagement have done a great job look at the growth over the last 10 years with a yield of 4.5% I think it should be rated higher.

Also If they can get US of the ground massive opportunity over there.

[undervaluedassets] 01/2/2012 07:55

mmm thanks Miata for that chart perspective

I meant from a fundamental point of view really.

numbers look very impressive.

And has dominant position in market in which it operates.

anyone any thoughts? bearish bullish or otherwise.

considering growth rates and outlook looks undervalued to my eye

[miata] 31/1/2012 14:32

Not exactly a bear case, but I'd like say 450-460ish (both 50% Fib and a support area) to add.

[undervaluedassets] 31/1/2012 14:20

just cheap these aren't they ?

would like to hear a bear case for balance.

anyone...?

[miata] 24/1/2012 15:00

EPIC.....Company......ExDivDate Amount HisYield ProjYield DivCover

IGG IG Group Holdings 25/01/2012 5.75 4.13 4.42 1.80

[m.t.glass] 17/1/2012 09:04

9:30am presentation this morning after Results which produced favourable media headlines.



...There will be an analyst presentation on the results at 9:30am on Tuesday 17 January 2012 at IG Group, Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA. The presentation will also be accessible via a conference call on the following number:

+ 44 20 3059 5845

A replay of the conference call is available for a period of seven days on the following dial-in:

+ 44 121 2604 861 with the passcode 3921421#

A webcast of the presentation will also be available at: www.iggroup.com

[miata] 14/12/2011 12:40

14 Dec IG Group Holdings... IGG UBS Buy 459.45 510.00 555.00 Retains

[mr.oz] 13/12/2011 18:52

13 Dec IG Group Holdings... Evolution Securities Buy 464 - 550 Reiterates