Ig Share Discussion Threads

[lovewinshatelosses] 15/9/2022 14:24

TT purchase proving the doubters right so far. Apart from that, satisfactory update IMO. Holding, but not buying more at this stage. Need to see TT improvements in the next update. GLA.

[tourist2020] 15/9/2022 07:13

Ex-growth, if we strip out Interest Income. TT especially disappointing.

[lovewinshatelosses] 08/9/2022 16:02

Those inside sells in early August seem to have stalled the progress of the SP, even with the buy backs. Unless bad news, which we have no reason to believe at this stage, then it could be another good opportunity to buy some more fairly soon IMO. Any chart technicians about? I am considering the 750p region, if we get there, but that is not based on technicals. IMO the fundamentals as they stand already make this a 'buy', with an ex dividend less than three weeks away as a cherry on top!

[smidge21] 12/8/2022 12:37

Forecast driven by re-rating from 9.1x to 12.5x after cost of TT is absorbed and helped by ongoing buybacks and specials. Target dy of 5.5%. £528m of capital headroom helps.

[tuftymatt] 12/8/2022 12:11

It was news to me as I wasn't aware of it anhar. It's also a positive too.

[smidge21] 12/8/2022 11:10

None of us have a monopoly on knowledge

[smidge21] 12/8/2022 10:26

Agreed. Nonetheless it is always interesting to understand their reasoning

[anhar] 12/8/2022 09:52

It's not news at all. Broker comments like this are worthless. Doubly so as they very rarely indicate a timescale in which the target is expected to be achieved. The real reason for them is just advertising the firm's name, they know that nobody takes any notice except perhaps a few naive PIs, but PIs are irrelevant to the market in large caps.

[tuftymatt] 12/8/2022 08:40

That's really positive news!! Getting into four figures would be fantastic based on everything going on in the world right now.

[cwa1] 12/8/2022 08:36

Quite the upgrade:- IG Group IGG.L : Liberum raises to buy from hold; raises target price to 1125p from 870p

[lovewinshatelosses] 07/8/2022 10:59

I have pretty much always considered this to be cheap at a PE of 10 or under, but the market never agrees with me! Plus500 even more so I guess, although I never quite fancied owning that one - more fool me of course. Anyway, a happy holder here right now. GLA.

[tuftymatt] 05/8/2022 19:19

Yeah I wonder if this can push on to a new 2022 high? It's had a fantastic month but does seem like there is a bit more in the tank.

[prokartace] 05/8/2022 09:14

Nice little rally with headwinds expected around 840p

[lovewinshatelosses] 28/7/2022 12:51

Great minds, prokartace! :) RE CMCX, I could understand such nervousness (maybe) if we had not so recently announced our own results - but there you go. Would add more, if I did not already have a fairly healthy slug of these. If we revisit 750p or lower on no particular IG news, it will be difficult not to get some for a little trade in a side pot....in fact, that is exactly what I am going to do if such an opportunity arises! Not investment advice though, etc. GLA.

[disc0dave45] 28/7/2022 10:44

Read across from CMCX I guess.

[prokartace] 28/7/2022 10:40

Lovewins, it appears that you and I both like the same shares!

[lovewinshatelosses] 28/7/2022 10:33

Strange to see such a pull back today, especially with the buy back programme already underway. Still very good value at these prices IMO. Hey ho.

[tuftymatt] 22/7/2022 08:56

No and I think all that they can get right now under 800 is sensible. Not really a fan of buybacks but right now here I am ok with it.

[stevegrass777] 22/7/2022 08:03

They haven't wasted time starting the buy back program.

[rndm355] 21/7/2022 16:58

IG Group powers ahead: hTTps://monopolyinvestor.substack.com/p/ig-group-powers-ahead

[tuftymatt] 21/7/2022 16:22

Been out all day since the opening bell but just checked in and am really pleased to see how this has played out today. A great response to a good set of results.

[uhound] 21/7/2022 14:40

Undervalued, no debt and paying a nice divi - solid hold.

[yf23_1] 21/7/2022 14:26

Looking back at my old ICs and IGG had EPS of 50p and were over £8, we now have 90p and we're sub £8.

[riverman77] 21/7/2022 13:56

Not if they run out of money! My view is that the spread betters do very well during periods of short term volatility, but likely to suffer in the event of a prolonged bear market.