Ig Share Discussion Threads

[jimbals] 30/7/2020 15:10

Market volatively can be of benefit to IG- you can either go long or short on any share but there are risks involved. Any investor who is or has been,long on airlines,cruise lines, retailing, etc and not hedged could be faceing large losses.I wonder if IG has any major bad debts because of this extreme volatively occuring now

[sick of it] 30/7/2020 06:45

My last buy was 826 and 778p. Seems I timed them badly. If nothing else, I'll have to wait for the dividend at least it's a large amount. I hope this will climb back above £8

[cwa1] 29/7/2020 15:40

A huge vote of confidence from June Felix here in selling 10(yes, TEN) shares :-) Sale of Shares Date and place of Transaction Director Nature of Transaction Price per Share 24 July 2020 Sale of 10 Ordinary GBP7.395 United Kingdom June Felix Shares

[hpcg] 29/7/2020 11:13

GrowthPotential - I completely agree. It is a sad fact that financial companies can on occasion present some nasty surprises. Preservation of capital, and access to that capital, must come before all other considerations. There is simply no hardship in using 2 or more providers once one has a large enough pot that costs can be optimised. Even before I had reached that point I used multiple companies simply because they do not all carry the same instruments.

[prokartace] 28/7/2020 16:10

Working on the reverse psycology to have this in the portfolio in case there is another out-break, not necessarily covid, which will bring volatility and push this share northwards, yield is nice too

[growthpotential] 28/7/2020 12:39

I've bought some, strong results and always a good hedge on surging volatility! Most people (should) have multiple brokers, we don't live in a world where you have all of your investments with one broker and IGG is one I would trust

[jimbals] 28/7/2020 12:18

I wonder why this drop ?Stuart Wheeler who founded IG died last week could have had an effect. I knew him well and helped him to start IG it was called IG or Index Gold as it originally invested in gold. As gold has momentarily dropped I hope this has not caused any confusion.

[arja] 28/7/2020 12:05

heading for 700 chart support I think inspite of the very good results

[its the oxman] 27/7/2020 09:25

Back to 800p easy, choppy markets very positive for ig earnings.

[hpcg] 24/7/2020 13:23

Bought back in, via a spreadbet on Spreadex! I think we are about to hit another bout of volatility caused by Microsoft induced mega tech softening leading markets down, and the Republican Senate trying to slash unemployment payments. Then after that is the presidential election. This is not to mention the ongoing war of words with China and the pandemic. It has a cash yield of about 6.6%, money in the bank, and is inversely correlated with markets. That lot is worth more than the current share price.

[sirrux] 24/7/2020 09:02

I am not so sure the revenues will dry up post COVID-19 and that we will return to the "boring" world which would depress markets. I think the management are just being cautious there. Their actions and growth strategy indicate something different.

[gbh2] 24/7/2020 07:23

ashpaige 24 Jul '20 - 05:05 - 2586 of 2586 (Filtered) I can Filter these Spammers as quickly as they can set up new user names :)

[rndm355] 24/7/2020 00:46

This got quite a lot of coverage here: hTTps://cube.investments/cube-midcap-report-23-july-2020/

[davius] 23/7/2020 18:23

From II this evening: Among the mid-caps, IG Group slumped 11% despite reporting a sharp rise in annual profit and revenue on the back of a "record" performance in the fourth quarter. For the year ended May 31, IG recorded a pretax profit jump of 52% to GBP295.9 million from GBP194.3 million. Net trading revenue grew 36% year-on-year to GBP649.2 million from GBP476.9 million. In the first three quarters of the financial year, net trading revenue improved 9%, but then doubled year-on-year in the final quarter. "This reflected the unprecedented level of client trading activity from the sustained period of volatility across global financial markets triggered by the Covid-19 pandemic and other macro events," IG explained.

[royaloak] 23/7/2020 09:03

Still number one for me using their IG Level 2 platform, I am a frequent user so have to pay only £3 a trade! Amongst others I also trade using iii, which I inherited when TDW closed, I hardly trade on the platform, costly and no DMA!

[gettingrichslow] 23/7/2020 08:33

hpcg, I’m not sure IG’s poor customer service is anything to do with working from home. It’s to do with the way their processes are set up. A simple example - when you email their customer services they reply to you (eventually) but you can’t then reply to that person, you can only reply to the generic customer services team again, at which point a different person picks up your query without understanding the background. So you end up dealing with a whole string of people, none of which gets the full picture. I’ve had this numerous times with IG but never with Hargreaves or Halifax.

[blondviking] 23/7/2020 08:01

This is being oversold imo, I am still buying

[gbh2] 23/7/2020 07:38

The whole sector is taking a big hit this week, I've found nothing to explain it though.

[cwa1] 23/7/2020 07:36

Decided to get back on board this morning after being out for a while, was reasonably content with the update and hadn't expected a fall of that magnitude in the share price Hopefully a sensible opportunity to get back in, time will tell. Quality outfit IMO. No doubt these artificially high levels of trading won't be maintained as they say but as long as they retain a good proportion of it I'll be reasonably happy. Will be interesting to see the next update. Good fortune all.

[gettingrichslow] 23/7/2020 07:34

Galeforce, I had an issue with getting clearance to trade a certain instrument. Took them over an hour to find someone who could explain to me why I wasn’t currently able to trade it, then two weeks to send me clear instructions on what I needed to do to get the required clearance, then it didn’t work when I did it. They’re now saying (over a month after I asked the question) that the only way I’d be allowed to trade that instrument is ‘if I can prove I’ve traded it before’ which I haven’t!! How can I ever trade it if that is the case?! Absolute hopeless from IG. And by the way, Halifax sorted the same issue for me in under two minutes. So did Hargreaves Lansdown.

[blondviking] 23/7/2020 07:30

Good buying opportunity, great dividend. A long term hold

[paulisi] 23/7/2020 07:14

Market sell after resultsGood dividend, but expectations Q4 volume will be an exception to the norm.