Ig Share Discussion Threads

[anhar] 02/11/2021 10:38

Maybe some investors fear that the inevitable trading volume setback will happen sooner rather than later. Or maybe it's just the randomness of share prices in the short term since most movements have no reason.

I certainly am very doubtful about that broker rubbish posted here a few days ago forecasting massive five year, income trebling, growth from Tasty. That is so unlikely.

People don't seem to realise, or do know but wouild rather turn a blind eye to it perhaps, that setbacks in this business are absolutely certain, it's just the timing which is uncertain. And it's been a while since the last one...

On a repeated divi of 43.2p, the expected yield at 780p is 5.5%. Good enough for me as an income investor though my buying price is much lower, having held for many years. The FTSE100 forecast yield is 3.3% so IGG well above that.

[50plus] 02/11/2021 08:36

"Over sold" or not it's still dropping like a stone, looks like we're heading back to last January's level of 750p ish

[50plus] 29/10/2021 08:20

When it dropped I wondered if the big boys spotted something in the Budget!

[growthpotential] 28/10/2021 00:07

Oversold, surely(?)

[smelly_special_the_shoe_cleaner] 27/10/2021 17:29

I wana this tanking to £1

[smelly_special_the_shoe_cleaner] 27/10/2021 17:29

This is way overbought

[hpcg] 25/10/2021 09:20

Perfectly good PLUS trading update. Perhaps the market has realised that CMC simply screwed up their projections and thus what was normal and to be expected trading for everyone else looked like a big miss for them.

[zangdook] 20/10/2021 08:28

IG sharedealing used to be very bad about paying dividends on time, it took a week or more even for FTSE100 companies' dividends to get through. Then a few months ago they got their finger out and started having them in my account at the start of business on the payment date, so I started slowly running down holdings at other brokers and building up in IG. The last few weeks they've gone back to their old habit. Right now I'm waiting on dividends which were due last week. Not the way to attract business. Insofar as my investments are fluid I'll always direct them to the most efficient broker.

[idiotsinthedarkrizandlintard] 19/10/2021 07:16

Grea performance 👏👏👏

[prokartace] 18/10/2021 16:36

There may be some upward movement in the price on Thurs and Fri as the 30p div is paid and shares will be purchased for those who opt to buy shares with their cash dividend

[anhar] 18/10/2021 15:09

I agree it looks good, if that does actually happen with Tasty, but it all sounds rather over optimistic. 25-30% revenue growth a year over the medium term, suggesting about five years, means that Tasty revenue would treble by the end of that period. It may happen and as an IGG holder for divis I hope that it does, but it feels like irrational exuberance to me.

What some fail to take into account is that a slowdown in activity is inevitable because of the cyclical nature of the economy and markets, we just don't know when. Presumably this broker has completely discounted the possibility of that happening in the medium term. My guess is that the slowown is more likely than not over the next five years.

In general, after several decades of experience I've found broker advice to be overwhelmingly worthless so pay no heed to any of it.

[luderitz] 18/10/2021 13:46

Yes I agree.

[prokartace] 18/10/2021 13:44

Not quite all bull.

‘Tastytrade is on track to deliver revenue growth of more than 30% in 2022 and 25-30% a year over the medium term, supported by cross-selling internationally and new product innovation, with upside to targets from US Federal Reserve rate hikes.’

For me this is important bearing in mind what is being talked about interest rate wise

[anhar] 18/10/2021 13:23

More worthless broker bull, imo.

Perhaps these should come with a message like cigarette packs:

Warning - this may damage your wealth