Ig Share Discussion Threads

[finkie] 30/4/2019 13:02

514p today seems to be a bit drifty and nervous holders perhaps?!

[woodhawk] 18/4/2019 09:05

Glad to hear it Fizzy! good luck.

[fizzypop] 18/4/2019 08:58

Still here Woody after a significant topup at 520p.

[11_percent] 15/4/2019 09:08

Yup, biggest come back since Lazarus...…..including today.


Looks like we have found a floor, at least for the moment....around 500p.

[discodave4] 12/4/2019 18:19

Some recovery today!

[matchupitchu] 12/4/2019 18:02

Haha ! You truly are a charmer.....hope you don't treat any family you have like that ! And I will reiterate....IGG WILL have similar issues to PLUS.....not as bad for sure. But they are in the same market and will both be subject to the conditions in this market sector IMHO...But as ever we will see soon enough....

[matchupitchu] 12/4/2019 17:59

Haha! No worries I had a similar issue and couldn't edit my post.

[gsbmba99] 12/4/2019 17:57

I should have been more clear. I posted a comment that was intended for another thread. But I couldn't delete the comment and so, because I had to write something, I simply wrote "wrong thread". I wasn't referring to your comment.

[elcapital2018] 12/4/2019 17:55

shuttup idiot

gsbmba9912 Apr '19 - 17:36 - 2171 of 2173
0 0 0
Wrong thread

[matchupitchu] 12/4/2019 17:49

I was responding to Elcap below ?

[gsbmba99] 12/4/2019 17:36

Wrong thread

[matchupitchu] 12/4/2019 11:53

If PLUS are having major issues...it's fair to conclude IGG will have them also....maybe not to the same extent.. I'd also add that IGG did not comment on the current Qtr when they announced the previous results....even though they were 1 month into the new Qtr.... Imho...downside to com...DYOR.

[11_percent] 12/4/2019 11:50

I am going to call that a "buying opportunity".

[11_percent] 12/4/2019 11:29

We want PLUS to go bust...and clients to come to us.

[tradejunkie2] 12/4/2019 11:21

PLUS = OUCH

[11_percent] 12/4/2019 11:05

Settling on 500 (give or take)

[3dwd] 12/4/2019 10:29

In my opinion... Igg will also warn... Volumes are terribly low

[american idiot] 12/4/2019 08:59

Taken from Plus500 Q1 trade update today

Group revenue for the three months ended 31 March 2019 was $53.9 million (Q4 2018: $154.8 million)

Average revenue per user

Q4 2018 $1,523

Q1 2019 $550

As mentioned in my previous post here, the effects of ESMA are probably far more reaching than first thought.

Firstly, CFD + Spreadbet providers will have lost bucketloads of customers as a result of increased margin requirements within ESMA. Some customers will have just walked away completely.

Secondly, those customers left will no doubt continue to struggle with higher margin requirements, less liquidity in the market as a result of less participants, less volumes trading which for me resulted in a commission rate increase which then compounds the struggles further and there you have it.

ARPU gets hammered as customers struggle. (The case with me)

I remember 15 years ago there were a fair few more CFD providers than there are now. Markets were bouyant and wannabee traders / investors wishing to have a crack at CFD trading were aplenty. This is definately no longer the case in my opinion nowadays.

The likes of E*Trade were a big gun back in the day and now in the UK are long gone.

I suspect some of the smaller peers to IG will disappear at some point leaving only the strongest left.

IG are very much the best in the business at what they do and longer term I've no doubt they will benefit from this.

[gbh2] 12/4/2019 08:55

IG also have also have an expanding Share Trading platform that includes an ISA option, cheapest dealing cost on the market last time I looked.

[jswjsw] 12/4/2019 08:53

Plus 500 have a pretty dire reputation - being now reflected in the share price

IGG no comparison.

2 yrs ago thought of opening a/c with PLUS and reports put me right off. Chose IGG instead - never been disappointed.

j

[andysaw] 12/4/2019 08:18

Looks like IG will fall in double digits after terrible results from PLUS

[sporazene2] 12/4/2019 08:07

stating low volatility market conditions which has a negative read across for IGG

[sporazene2] 12/4/2019 08:07

Plus 500 Q1 trading update, looks pretty dire for them