ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

IGG Ig Group Holdings Plc

728.50
-7.50 (-1.02%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Ig Investors - IGG

Ig Investors - IGG

Share Name Share Symbol Market Stock Type
Ig Group Holdings Plc IGG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-7.50 -1.02% 728.50 16:35:20
Open Price Low Price High Price Close Price Previous Close
728.50 720.00 740.00 728.50 736.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 09/12/2023 11:13 by lovewinshatelosses
Very positive reaction from the market yesterday to the new CEO announcement.
I think some of the hefty trades we saw in the afternoon were probably shorts closing, although we will find out at some point next week, if this was so.
Yes, I think he will take a broom to where it is needed. Whether that includes senior people, I have no idea.
I would expect him to probably settle in first before taking any such actions, but that is predicated on there being a smooth handover, with no unpleasant finds etc.
Will be glad once we have the next update. If there are any skeletons, he can get them all out into the open, then put to work creating his vision for the company.
Either way, IMO this one is now going to start to attract wider market interest, and new investor appetite. Not before time. Good weekend all.
Posted at 14/9/2023 11:45 by maddox
Thanks for sharing targets Adam.

Very solid trading update - IGG cannot influence the low level of trading activity but the product diversification and US are providing a useful balance to the revenue mix. Clearly, the interest income is also a great contribution. The share buy-backs will provide increasing support and a floor under the share-price at this low point in the business cycle.

All in all this looks like a good entry point for the contrarian investor.
Posted at 22/7/2023 09:00 by 1knocker
I see force in Maddox analysis. When one pays in shares, a lot depends on the price at which the shares are brought into account for the purposes of the purchase!

The current price of the shares against the price posters paid also colours their view of the company, whereas logically it should colour their view of their purchase transactions. Investors can overpay too, and they are paying in ££ !

As my holding is 15% up (including a recent top up at 664, a significantly higher price than I paid for my initial holding), I naturally look at IGG with a kindly eye. Indeed, on a total return basis, it is doing me very well. Even those who are under water on the capital account will be doing OK on a total return basis if they have held for a few years. The time for concern will be if the dividend comes under pressure.
Posted at 21/6/2023 19:47 by gbh2
Just been trying to contact customer service on the telephone, nigh on 30 minutes to get through, eventually I was put through to what sounded like a guy mumbling from the bottom of a deep well!

I tried and tried but he made no effort to alter the position of his Microphone, I eventually gave up, it was the worst effort at customer service I've ever experienced.

They need to get something done because it will cost them customers and investors if it's the best they can do!!
Posted at 31/5/2023 15:48 by lovewinshatelosses
IG should give us investors some cheer in 50 days or so, with the next update, hopefully.
SP acting like some disappointment is being priced in though.
If the markets are right, I want to see the large holders here act upon it, perhaps unless June puts forward a clear action plan with precise targets and timeline for achieving them.
Last chance saloon, at that point, IMO.
But that is a bad scenario and I would far rather it be an entirely moot point, because the numbers should be great and TT should by now be on the up too...then I will be a happy holder again. If the next update after that one is even better, and TT is clearly bringing in some lovely, reliable profits too, then I will gladly say I misjudged June and her strategy and be happy that she is remunerated as she currently is.
Posted at 16/3/2023 13:58 by planelondon
Yes tiny purchases in comparison to the remuneration of these executives. June Felix took home over £3 million in the last financial year. On that basis, her purchase today is equivalent to her earnings of just a few short days during which time investors have lost 15% of the value of their holdings.
Posted at 31/12/2022 14:46 by lovewinshatelosses
I think you underestimate the influence of certain round numbers in the stock market, but I should have said 'around 8 quid'. FWIW, I was not fixated on that round number. I anticipated a top of 825p or so. Nevertheless, given the buy backs, I think my decision to sell has proved valid so far, because the share price is lower than it was with my lowest sell and comfortably below my highest sell price. Without those buy backs, I do not think it would be a stretch to suggest the share price would be 750p at best. Anyway, I agree with you that the small investor is irrelevant to big cap share price movements. Not sure why you feel the need to state the obvious?
Posted at 31/12/2022 11:36 by anhar
...am surprised it did not hold 8 quid firmly to date...

Bit late responding but anyway, 8 quid means nothing to the share price, any more than 799 would or any particular figure. Roundnumberism is a small investor fallacy, thinking it has some psych. value. It doesn't. The reason is that pros make the market in big caps and they have no interest whatsoever in round number prices. The small investor is irrelevant to big cap share price movements.

Thus there is no reason the price should have held 8 quid just because it's a round number.
Posted at 24/11/2022 17:30 by lovewinshatelosses
I did not consider that prospect, NK. Assuming those financial instruments avoid being soaked as well.
If it leads to a number of ordinary investors getting involved in CFD's and spread bets...that will be a disaster IMO. For the individuals anyway.
Posted at 25/10/2022 12:08 by prokartace
Loveswins hi again. I would think this statement covers IG:
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.
In addition they offer advice on how to manage money within their products. Wouldn't think these 'investors' have a leg to stand on. Hope they lose money in court as well as in spread betting!

Your Recent History

Delayed Upgrade Clock