Ig Share Discussion Threads

[undervaluedassets] 07/12/2016 15:08

not a lot of shares is it.

the Cyprus thing was happening too

[deanroberthunt] 07/12/2016 14:07

lol, got the nod I reckon, and took out a short with CMCX :)

[frew34] 07/12/2016 14:01

what kick in the bum - the kick in the bum was taken yesterday!! trading will always be here and IG will be around too!

[larva] 07/12/2016 13:52

wouldn't want to be holding this when IG report, well not unless u want a kick in the bum

[deanroberthunt] 07/12/2016 13:49

I will add on any further weakness for the lovely jubbly 7% dividend, and growing

[kmann] 07/12/2016 13:48

You really want to listen to what IG have to say, not a failed journo posing as a blogger.

Chances are the bad companies will go to the wall, and their clients move to ig, so they gain on the swings what they lost on the roundabout.

Waiting for IG to report, should be asap imo.

[deanroberthunt] 07/12/2016 13:46

£50k in sipp at average of 468p ish

[deanroberthunt] 07/12/2016 13:44

it's actually mega positive for IG

[deanroberthunt] 07/12/2016 13:39

just for you Dave...

[undervaluedassets] 07/12/2016 13:38

The consultation document blasts everyone. But it just that - a consultation document.

Come execution the FCA will fine-tune the blunderbuss.

The kind of clients that IG has are not what the FCA has in mind

Longer-term IG has everything to gain from the situation as they will pick up clients.

[tsmith2] 07/12/2016 13:09

Barclays overweight 950p today

[investment dave] 07/12/2016 12:59

tw bearish? no he isn't? I cant see any related literature to substantiate this.

[woozle1] 07/12/2016 12:36

Hi Bolador,

Much as I applaud your optimism, the recent track record of the fca suggests they have little regard for the jobs etc. Indeed, many of the new regs around finance have been designed to reduce the financial sector, which has threatened the wider economy with its irresponsible behaviour. On the plus side the actions of these companies will not undermine society's financial well being, as the banks did, and, therefore, they may approach the sector with less zeal; but I'd not bet the house that the fca don't cause some real damage here.

All that said, I was buying yesterday as it looked like panic selling and IG is the price setter in the sector, the rest are price takers. It has superior technology and only a handful of loss days a year, compared with CMC that losses 1 in 10 days. As the competition gets forced out, IG will simply raise prices and the rest will follow to protect profitability, which is more necessary to the remainers to make up for the loss days. Moreover, as IG is more hedged and better capitalised than the others, it is less likely to get wiped out by a black swan event.

Not sure that catastrophe is priced in: more a fall in sales and margin reductions. This will certainly happen in the short term but if you've got patience and the sense to buy on further dips, this is a good opportunity.

DYOR
Woozle1

[kmann] 07/12/2016 12:19

This is going nowhere till ig assess the situation and RNS the worse case scinario. Instant 20% and back up to 750p on a positive note, 300p otherwise

[bolador] 07/12/2016 11:59

1. IG is a quality operation and highly regarded. It will benefit by the restriction of unsatisfactory competition.

2 The FCA document is a consultation and not a dictat.They have much to consult about judging by their conflation of investors with traders and gamblers.See article 1.19 in the conclusion of the document.

3. The FCA is not in the business of destroying legitimate business and jobs and must therefore be open to argument and lobbying by the industry.

4. It is hard to believe that the FCA is not appalled by the value destruction they have caused in the last 24 hours. This matter has been implemented in the most careless manner.There has to be some backtracking through "channels" as confidence and stabilisation measures.

The present fall in the value of IG shares allows for a catastrophe that is probably not coming to them. Meanwhile a good yield is available as support for the immediate future.

[deanroberthunt] 07/12/2016 11:46

22.95p was in Sept...Jan div paid in Feb 2017 is 9p, or thereabouts

[frew34] 07/12/2016 11:42

hmm dean but that's assuming business will continue as is which with new restrictive rules...

Final dividend of 22.95 pence per share; full year dividend up 11.5% to 31.40 pence per share

so we should be getting 22.95 pence right?

[deanroberthunt] 07/12/2016 11:29

if Master Investor and Shareprophets are bearish, it's a sure fire LONG.

[deanroberthunt] 07/12/2016 11:27

this year it was 31.40p frew34......and they hike it every year, so nearly 7% now!!

[frew34] 07/12/2016 11:24

how much is the dividend?

[weemonkey] 07/12/2016 11:19

Yuh Mr Market yesterday taking the price of this extremely good company to within 15% of 2007 price!

Anyway IG make 90% of profit from an experienced 10-20% of clients. And those clients will be ringing the FCA to tell them to leave things exactly as they are.