Ig Share Discussion Threads

[kop202] 17/3/2017 16:47

7.25million trade reported at close. ....yes you eyes are not deceiving you!!

[smurfy2001] 15/3/2017 13:33

Have they stopped binary trading?

I'd imagine market is waiting for the FCA rules due spring 2017. Feedback deadline has lapsed due 7th March.

[raffles the gentleman thug] 15/3/2017 13:28

Trading update should be pretty bland. Catalyst for this stock will come when a fund manager with a brain can be bothered to get a calculator out and see the magnitude of the cash generation

[woodhawk] 15/3/2017 13:23

Currently about 20% of what I have in GVC. I anticipate adding here once we break out of the current trading range.

[garycook] 15/3/2017 13:10

Woodhawk,How much of your Porfolio,have you invested in IGG ? Not has much as GVC ?

[woodhawk] 15/3/2017 12:30

The share price has been in a very tight range for some time now. I wonder if the Trading statement will be a catalyst for a break out upwards to £6 as there is - imo - way too much bad news already in the price?

[pj0077] 15/3/2017 11:11

Trading statement due 7am next Thursday, 23rd MarchConference call due 8.30am on the same day

[bjfanc] 15/3/2017 08:05

Trading update next week?

[raffles the gentleman thug] 13/3/2017 16:26

Think your paranoia is gonna cost you on this one gary ... exactly your sort of business too

[garycook] 13/3/2017 14:18

Looking at Director sells re 02/08/2016 4 Directors including Peter Hetherington sold substandial holding,s at 880 ? Also another 2 directors sold on 30/11/2016 at 8.41,just before the FCA annoucement ? It is only Peter Hetherington that has reinvested at 550.Nice deal for him,basically doubling his holding for £136k.All looks a complete carve up IMHO ? If the fellow director,s have not reinvested then someting array here,and a lack of confidence ?

[raffles the gentleman thug] 13/3/2017 13:20

hee hee - well Motley Fool are not the brightest tools in the tool box.

Personally I am of the opinion and offer will be coming for IG from someone who can leverage their own client base and substantially reduce the cost of customers acquisition. Cash generation is fantastic in this business model, but cash generation pre customer acquisition expenses is enormous relative to enterprise value

[raffles the gentleman thug] 13/3/2017 11:24

Embarrassed to even post this ... but folks over at Motley Fool saying the following:

"Another market leader that’s had an awful few months is spread betting firm IG Group (LSE: IG). Back in December, the Financial Conduct Authority (FCA) announced a plan to implement new rules to raise standards across the industry, including requiring active customers to have more money in their accounts and prohibiting bonus promotions. Swiftly assuming that profits at firms such as IG would suffer, the market’s reaction was unequivocal. Cue a 40% fall in the shares.

Thanks to the prevailing uncertainty, shares in IG continue to trade on an appealing valuation (11 times earnings for 2017) and come with a 6.2% forecast yield. If the FCA backtracks even slightly from proposed new rules and/or takes on ideas suggested by those operating in the field, expect a strong rebound in the share price. Even if it doesn’t, the new rules could bring about consolidation in the industry and the removal of smaller competitors — a situation which could be beneficial for IG and its investors. "

[tsmith2] 08/3/2017 10:30

Budget nerves?

[luderitz] 08/3/2017 10:30

Divi confirmed yesterday at last.

[raffles the gentleman thug] 08/3/2017 10:26

Yea Croney Mingler member since 5th March

[woodhawk] 08/3/2017 10:23

There's already an almighty "profit warning" in the price since last December. Doh.

[croney mingler] 08/3/2017 10:15

profit warning imho

[woodhawk] 08/3/2017 10:13

Shorts creating a nice buying opportunity again, imo.

[luderitz] 06/3/2017 13:36

Not only no hamper but no divi appearing and although Barclays have it, it needs 3 days to clear(chaps-payment).

[essentialinvestor] 06/3/2017 13:12

I got mine Friday.

[woodhawk] 06/3/2017 13:03

Yup, all divis paid by this morning, Luderitz (Halifax and IG accounts). No luxury hamper though!!

[luderitz] 06/3/2017 09:29

Have you got your divi yet Woodhawk?