ICAP Share Discussion Threads

[dapper don] 17/11/2009 10:43

Highlands
Yes I believe you are correct I still have funds set aside for what i call current plays like TPLR my only negative thought was tho that they have lost market share and unlike I-CAP do not have a large war chest so there maybe yet more downward pressure and lastly the ongoing court case .
Icap is very diverse and to me is set to offer further growth.
I like vivendi bought at 16.5 euros 8% yield and 2 analaysts reported fair value at 22 - 25 euros now trading at 19.50.

[highlands] 17/11/2009 08:59

Dapper, if TLPR continue falling it might be worth switching into those as there will be much better value there and a good chance of merger / takeover.

[dapper don] 17/11/2009 08:14

Well I am happy with the results but I am more impressed with the amount of new investment in more cash generative businesses giving a more secure platform to grow in the future .
Long term hold and buy for me .
As usual i will buy on any weakness that takes us below £4 im not sure rocketsblasts thoughts that we might hit 3.40 to be wide of the mark

[highlands] 28/10/2009 20:47

These have simply fallen with the rest of the market. I don't believe it has anything to do with the "wells" notice.

[rocketblast] 28/10/2009 16:54

Jan 09 next support level at 340p ..... lets see if we test this low

[dapper don] 28/10/2009 15:46

Hi all
I think this attack on the share price because of the so called allegations below is well overdone ,if this drops below £4 i will now add to my holding .any thoughts anyone ?

Formal notice (Icap)





TIDMIAP

RNS Number : 3279B
ICAP PLC
23 October 2009

?


ICAP plc announcement
On 22 October, 2009, the New York Regional Office Staff of the U.S. Securities
and Exchange Commission (SEC) provided ICAP Securities USA LLC (ICAP), a
subsidiary of ICAP plc, with a "Wells" notice stating that the Staff intends to
recommend that the Commission bring enforcement actions for possible violations
of the federal securities laws. The notice relates to an existing SEC
investigation into the market in certain fixed income securities which has been
ongoing since 2005. The Wells notice is not a formal allegation nor a finding of
wrongdoing. The company has discussed these matters with the SEC, has
substantial disagreements with the SEC regarding how they should properly be
viewed, and will vigorously put forth its position if and when any such charges
are brought. Further statements will be made as appropriate.

[dapper don] 21/9/2009 13:35

I believe the current seller is legal and general i might be wrong tho :o).
I have a feeling that the market as a whole is about to turn south

[peterev4] 16/9/2009 13:40

Thanks Dapper and 2NGH. Always a long term holder of IAP but couldn't understand the recent slump even when the FTSE was heading upwards in a big way. Rekindled confidence again today though.
Regards

[dapper don] 16/9/2009 08:30

I would be amazed if we went sub £4 at the moment the doom mongers have left the building and we are back to the facts/reality i would of thought £4.50 would be a fair price until we have posative news which can take us forward .
Im a holder from sub £3 and have sold none.

[2ngh] 15/9/2009 16:11

Peter

No problem.

I think when the current seller has finished the share price will rebound substantially. At what point this is however is anyones guess.

Will continue watching but thought an entry of around 410 would be met with support. Will see what price action occurs around this level to try and establish the next direction.

Good luck.

Ps - Strange trading range 423-409!!

[liquidkid] 15/9/2009 15:19

www.icap.com/investor-relations/monthly-volume-data.aspx
This number looks to be falling;
total:
aug09 592
aug08 776
aug07 933

[maplinrover] 15/9/2009 14:19

Peterev4
For every buyer there is a seller. If the price goes down it's because more people are willing to sell than there are wanting to buy. Don't take too much notice of the buys and sells shown - they are just intelligent guesses.

[peterev4] 15/9/2009 14:05

Thanks 2NGH. But in theory, how does the price go down when more money is pumped in than taken out.

[2ngh] 15/9/2009 13:29

Possible seller in the market which is why the continual slide.

Although the above rns suggests that LG are buyers around this level.

Been watching this a while now from the highs and unsure of the imminent direction.... looks bearish at present but how far will it go? 350?

[peterev4] 15/9/2009 13:21

FTSE up by 20+ points, buying outstripping selling, IAP is considerably down. Can anyone explain why the MM's do this ? The obvious logic is that money goes in, the price goes up (generally) but this is going south. In for long term with IAP but wish I knew the mechanics.

[brain smiley] 15/9/2009 13:03

yes.. could be profit taking before another surge or..bad news is coming ?

[peterev4] 15/9/2009 12:26

Buys outdo sells by 501k to 421k and still we are 8p down on the red line. Something strange going on !

[dapper don] 15/9/2009 12:03

Anyone home
This has trickled down from around £4.60 on no major selling or news any thoughts anyone ?

[matthewa] 13/8/2009 08:39

Nice call Shammy

[shammytime] 12/8/2009 10:46

Good buying opp here. Should recover to 445+ later

[volsung] 15/7/2009 12:07

Bought a few after that dip. Worth a punt in my view. Trend seems to have changed to positive. Could be wrong of course so quite tight stop advisable

[dapper don] 07/7/2009 11:47

Wall Street Journal
* A regulator fined a unit of ICAP Plc and one of its former brokers for "numerous improper communications" with rival firms over fees on credit-default-swap trades, in an ongoing probe that could widen to include other brokerage firms.

Moodys confirm IAP Bbb2 rating
Markets liked something today.

[dapper don] 23/6/2009 09:27

Correct
As you know im into epo which is showing nearly 50% rise .
Any particular recovery plays that you are into at the moment ?

[highlands] 23/6/2009 09:21

dapper, I sold the lot and will only get back in if they fall back closer to £3. There are lots of other opportunities out there at the moment.