Ig Share Discussion Threads

[gbh2] 02/1/2020 08:28

The share price manipulation is ridiculous, opened at 700p were now 4.4p up and yet the share price is 699.8p

[luderitz] 19/12/2019 23:31

Well 6 of those were mine and may add again if they do retreat further.

[gbh2] 19/12/2019 09:09

More like a slow grind down atm, just the odd "O" trade buying.

[fizzypop] 16/12/2019 12:28

Start of Santa Rally?

[hpcg] 16/12/2019 11:27

The chart suggest heavy buying intent, even if a profit is a profit is a profit.

[fizzypop] 16/12/2019 11:04

Sold my holding at 701p for 30% gain excl divis.

[luderitz] 12/12/2019 19:16

I agree and then there’s the thorny question of the GE to try and think about.

[carer] 12/12/2019 09:49

The chart pattern indicates it will pull back to 5.50-5.70 and there is no strong reason to support further upside at the moment. hold at best for this one.

[zeek] 05/12/2019 18:22

no big suprises in the update. I am happy to hold at these prices and decent divi thrown in.

[luderitz] 05/12/2019 13:51

I suspect it’s a case of sell on the news with this TU.

[11_percent] 05/12/2019 08:34

Its all AT trades......thumping it lower.

[hatfullofsky] 04/12/2019 23:31

Apologies 100 Trillion

[hatfullofsky] 04/12/2019 23:30

Is that like 1 million million, a trillion credit line that's impressive

[archy147] 04/12/2019 21:07

Lol jammy has posted that message on nearly 200 different boards. He sure is keen to make sure no-one’s left out in the cold!

[jammydodger1] 04/12/2019 19:28

Tonight you people need to research ALGWBIG PLANS 100,000,000 million. Credit facility about to be approved and signed by a leading UK asset managerMcap of this company is only 5m nowWill be multiples And way past 20pDnt be left out in the cold

[davr0s] 04/12/2019 19:26

As you can predict the future.... the next winning lottery numbers are?

[fizzypop] 04/12/2019 18:31

700p tomorrow.

[archy147] 04/12/2019 16:09

After today’s rise, its obviously a nailed on certainty that we’re going to get some bangin’ hot numbers tomorrow ;)

[11_percent] 04/12/2019 15:21

Lol.....looks like the TU will be good.

[11_percent] 04/12/2019 10:12

Yup........has been a bit leaky in the past.

[fizzypop] 04/12/2019 09:45

A strong rise this morning anticipates a good TU tomorrow.

[archy147] 02/12/2019 09:04

Yeah definitely a bit nervous about this, especially as the FTSE250 has been hitting year highs...some pullback for the index generally seems more likely than not.

However IGG will issue a trading update on 5th Dec...I’m going to hold and see what that brings.

[carer] 29/11/2019 11:08

when there are many posts with lot of glee and satisfaction, it is time to sell. Expect some pull back.

[fizzypop] 27/11/2019 19:30

WheelieDealer
‏ @wheeliedealer
21h21 hours ago

#IGG into the Gap from 680p to 733p. RSI 74 so getting overbought but it could rise a little more before easing back for a run up. Forward P/E 17.6 falling to 15.7 and Dividend Yield 6.2% then 6.3%. Lot of Cash.

[archy147] 27/11/2019 08:49

Thank you for the response kenmitch

Yeah I had noticed IGG has been lagging behind CMC. Slightly frustrating as it was a toss up between the 2 for me when I bought a couple of months ago (PLUS I admit weren’t on my radar until you just mentioned them)

My conviction in IGG comes largely from listening to their Strategy presentation from around May this year. They have a 4-pronged growth strategy, which includes entry back in to the US, a huge market they left back in 2011 following new regulations that came in there.

Their CFO is an American lady which I suspect will help with this. Furthermore, they talked positively about regulation, saying it forces out the rogue operators and - as market leaders themselves - they feel they do things “properly̶1; in collaboration with the regulators, which places them in a strong position. Especially in America where the competition is actually pretty weak and uncompetitive.

Also interesting is the fact their model could be disruptive to the existing investment industry - ie not having to actually buy or sell shares (a fairly antiquated process in the modern internet world) in order to profit from them. Long term this could be big.

They have a Brexit hedge in place, with all European customers now placed on a new platform and the volatility in the markets can only be a good thing, as you say.

I see no reason why they can’t get to 900p, which they’ve hit twice before. Tempting to cash in on the gains, but can’t help but feel there is more yet to come.

Markets seem to like the prospects of a Conservative election win. Don’t like the Tories myself but a majority for them will probably be further good news here.

Good luck to all!