Ig Share Discussion Threads

[allonblack] 13/1/2021 12:24

Have bought in here recently eps and multiple heading higher.

[gbh2] 13/1/2021 10:01

They're not exactly quick at releasing dividend cash either.

[deanforester] 29/12/2020 16:38

Decided it was time to get rid of WMH and reinvest here. Should have done it a couple of months ago.

[paulisi] 23/12/2020 12:36

The price is starting to tick. The price is undervalued.Just need it to be tipped in newspapers or as shares for 2021 and it will jump up again.

[glavey] 23/12/2020 07:03

Haven't you heard? It'll be different this time. ;-)

[prokartace] 22/12/2020 12:56

probably look to sell before results as 9 times out of 10 we have a sell off after the results!!

[hpcg] 22/12/2020 12:11

It will go on to make all time highs, so above 954.

[prokartace] 22/12/2020 10:27

Anyone have a target of where the share price is going to on this rally?

[woodhawk] 21/12/2020 16:36

After complaining many times about IG's lateness in paying dividends - I must say it has got notably better of late. Furthermore, a withdrawal of funds was in my bank within a few hours of requesting. I hope it lasts.

[hpcg] 17/12/2020 16:57

Very easy buy after the trading statement. There is only so many times they can say "yeah, revenue is well up but it might not stay that way" until people question the crying wolf. Increasing some margins and reducing unnecessary marketing costs should keep things ticking over. VIX is at a higher range, more people have started trading, more people moving brokerage to IG because why pay the extortionate fees of the likes of HL or that terrible offerings from the high street banks.

[its the oxman] 17/12/2020 11:44

To my eye chart has gone sideways for a while and looks poised to rally a few pounds as well.

[its the oxman] 17/12/2020 11:42

Should be over 900p already after update, certainly will be come results in my view.

[hpcg] 15/12/2020 13:09

Costs will start to go down having trimmed the marketing budget. I suspect they've worked out a lot of it wasn't achieving much.

[wasteof] 15/12/2020 09:29

Did hear that Serco have sacked 25 MPs. W

[rounder2] 15/12/2020 08:34

CMC / Plus 500 and all the gaming companies don't seem to have a problem telling everyone how well they've done At some point a rerate based on revised broker forecasts or maybe a bid from private equity or a US institution might be the only way this share moves higher in the longer term Still pushing up against major long term resistance level and failing to breakout Very perplexing and annoying I'm buying SERCO before results on Thursday A bit sick of this lot

[rounder2] 15/12/2020 08:30

I have to admit to being mystified by the price action here Revenue up 67% with active customer numbers up 55% year on year Share price up 1% ??? Sir Bean Counter makes a great point in an earlier post " A minor issue in the trading updates is IGG are usually conservative in their outlook ("volatility will normalise soon"), and that can hold back the share price on the short term. But possibly it's better to manage expectations in the ST, then subsequently go on to beat them. All IMO and good luck all..."" It's almost like IGG are afraid to tell the market how well they are doing ...Like they're benefitting when others are losing ...Other companies can't wait to reassure the market in an attempt to support / enhance share value IGG do the opposite , consistently ....downplaying the good news ...trying not to rub it in the face of the regulators perhaps ? Do they seriously think that there success will go unnoticed ? At some point this has to be rerated ....analysts have forecast sales for the year 2021 in at 645million with EBIT @ 302 millions and operating @ 271 Forecast revenue of 645 and IGG are already at 416 We are halfway through ( a very busy trading ) December and still no closer Brexit with Covid still an issue ... At what point will this make any sense to me ?

[sir bean counter] 15/12/2020 07:58

Agreed - that didn't take long to read! No info on costs or outlook, but revenue looks decent and client numbers are positive going forward. No idea how the market will react though...

[cwa1] 15/12/2020 07:39

Short and sweet :-) Following a very strong first quarter, the Group performed at comparable levels in the second quarter generating revenue of around GBP207 million (Q2 FY20: GBP120.8 million), driven by elevated trading volumes across a larger, total active client base of 207,000 clients in the quarter (Q2 FY20: 133,800). The Group's active client base has now materially increased in size over the prior year, benefitting from a continuation of strong client acquisition. Net trading revenue for the first six months of the current financial year is expected to be around GBP416 million (H1 FY20: GBP249.9 million

[growthpotential] 14/12/2020 11:47

I agree, if he's never bought then how can he be selling :)

[qvg] 13/12/2020 19:50

you seem to get around ChicagoHack, do you ever buy anything?

[chicagojack] 12/12/2020 19:38

SOLD AND HERE'S WHY BRILLIANT ANALYSIShttps://t.co/0eHpciFTgb

[sir bean counter] 12/12/2020 10:13

Also thinking Rounder2's 78p EPS estimate for the year is very reasonable and achievable - that would be amazing and obliterate analyst consensus estimates (which are way too low) on IGG's website. Hopefully increased client numbers is a lasting trend that will drive revenue going forward, and more reliable than market volatility, which comes and goes long term. A minor issue in the trading updates is IGG are usually conservative in their outlook ("volatility will normalise soon"), and that can hold back the share price on the short term. But possibly it's better to manage expectations in the ST, then subsequently go on to beat them. All IMO and good luck all...

[sir bean counter] 12/12/2020 09:59

Eagerly anticipating Tuesday's update, reckon they have a fighting chance of beating Q1's £209m met trading revenue, or at least being close to it. If made to guess a Q2 figure, I'd go for £210m, though could be way off either way. Anyone else have any Q2 projections?

[rhatton] 10/12/2020 10:11

Bitcoin will still be tradable just not on IG UK