Ig Share Discussion Threads

[lydnem] 06/12/2016 09:05

I can see why companies like PLUS fall s sharply, but I dont think the impact on IG will be anywhere near as bad

[wildshot] 06/12/2016 08:44

Thank you.

[wildshot] 06/12/2016 08:37

Any news articles on this story? I can't find anything anywhere.

[bigboots] 06/12/2016 08:20

FCA clamps down on spread betting/CD firms

Looks all over for IG

[5oletrader] 06/12/2016 08:14

Chaps... Anyone know why this is down 20% on the open?!

[melody9999] 28/10/2016 19:32

back in today after selling at 920p ish back in august. suspect volatility due to increase again with US elections etc. and good chart support anywhere close to 800p and in 700's.

[bolador] 13/10/2016 15:29

pyemckay,

No doubt HMRC has a look at a few accounts at IG and similar cos from time to time because profits can already be taxed if a company or individual makes spread betting his/her, it's source of bread and butter.But(as per Stevie Blunder) generally speaking spread betting is a zero sum game where money is shunted around amongst the players with IG taking a slice as it moves.So IG pays tax and everyone is happy.

[stevie blunder] 13/9/2016 09:28

The problem with taxing profits made spread betting is that you would have to allow tax relief on losses. So the net tax take might not be that large.

[pyemckay] 12/9/2016 17:41

The main threat to this company is when the government start taxing profits made. It will most probably happen at some time imo.

[commiesy] 08/9/2016 08:55

I got a tad nervous with the rapid increase and shave off some holding at around 870 and then again on Tuesday around 9.45 - still have exposure but wanted some cash in the bank. This share will do well long term, I'm still convinced by this company!

[melody9999] 07/9/2016 08:36

nice of cmcx to refer to competitors in their tu today!

commi - i exited at around 915 a few days ago

[commiesy] 12/8/2016 13:46

IGG has had a meteoric rise in the past 6 weeks (since brexit) - starting to worry this is a bubble. The business growing, fundamentals are strong, but it still feels over done. I love this share and it's been one of my best performers since 2010. Debating whether to shave off some of my holdings at the current peak to lock in some profit and wait for a reversal. Anyone else in the same position?

[melody9999] 18/7/2016 16:22

Breaking out here and update tomorrow augurs well.

[old fool2] 14/4/2016 11:15

Plus 500 - quarterly figures out on Monday 18th April

[deadly] 22/3/2016 16:56

Very quiet here. Good TU today. Close to breakout

[pastybap] 26/1/2016 10:01

In theory yes, in practice with IGG it doesn't happen until closer to the next due report.

[gbb483] 26/1/2016 09:57

The traders wouldn't wait for the report, they would be factoring it into the price.

[pastybap] 26/1/2016 09:20

Who says they aren't?! The period of "massive market turmoil" hasn't fallen into a reporting period yet.

[gbb483] 26/1/2016 08:47

From IG's web site :

A global leader in online trading

We’re the No.1 provider of CFDs and spread betting worldwide, with sales offices located in 17 countries.

We give retail investors leveraged access to over 10,000 financial markets through our award-winning dealing platform and mobile apps.

So, with the massive market turmoil and transactions, why aren't they coining it in and making huge profits?

[gbb483] 19/1/2016 11:04

Going by the price movement in the last few days, a lot of punters have had prior knowledge of today's report.

[gbb483] 01/10/2015 19:20

Ex Div today, so net up.