Ig Share Discussion Threads

[mondaytuesday] 08/12/2016 22:10

Of cause they rate it a buy lmao

[orinocor] 08/12/2016 22:07

Numis has upgraded IG Group to ‘buy’ from ‘hold’ but cut its target price to 590p from 850p, saying it believes the spreadbetting firm is well placed to manage proposed new regulations.

"The broker has downgraded its earnings per share forecast for the year to May 2018 by 37.5% to 28.9p and predicts revenue per customer declines of 27.5% in both the UK and Europe. Numis said the 18% customer growth expected this year in the UK is likely to fall to zero next year.
“Overall our EPS forecast for this year remains unchanged but it declines 37.5% to 28.9p in 2018,” Numis analysts said.


So Numis are basically valuing it on a PE of 20. Is that realistic? I'm not familiar with this sector so I don't know what PE ratio is fair.

[investment dave] 08/12/2016 21:16

Either way cfds are here to stay and can be extremely beneficial if you don't mind risk however all you need do is set tight stop losses

[investment dave] 08/12/2016 21:15

£750k lol i wouldn't be trading full time now if I had turned the £20k into £750.

[mondaytuesday] 08/12/2016 21:03

You went from £20K to £750 ouch!!!


investment Dave
8 Dec '16 - 21:03 - 563 of 563    0   0
I haves used cfd successfully for 8 years. Leveraged to the hilt on a £20k staring balance and made it into £750. Not a word of a lie in fact that's an under exaggeration however it's very risky and have had some massive losses after my original gains. CFDS are good for liquidity and will remain.

[investment dave] 08/12/2016 21:03

I haves used cfd successfully for 8 years. Leveraged to the hilt on a £20k staring balance and made it into £750. Not a word of a lie in fact that's an under exaggeration however it's very risky and have had some massive losses after my original gains. CFDS are good for liquidity and will remain.

[mondaytuesday] 08/12/2016 20:59

Wonder if IG will le met me short their own stock on their platform LMAO

[temmujin] 08/12/2016 19:59

just ban CFD's and be done with it...most of us havent a friggin clue what they are,city boys exploit our ignorance so ban em

[deanroberthunt] 08/12/2016 19:46

ID

I just have a basic Dealing and SIPP account...

tried CFDs once and it did my head in, couldn't sleep with overnight positions.....prefer just to pay for my shares lock stock.....

[woody888] 08/12/2016 19:40

'Anyone going short on IGG using IG index? :)'

I was being somewhat ironic simply illustrating in words the image of the snake eating its own tail....

[investment dave] 08/12/2016 19:39

Dean who do you trade with and what strategies do you use? Do you trade dma etc?

[deanroberthunt] 08/12/2016 19:35

go short on it with CMC, or Plus500 or Barclays

[investment dave] 08/12/2016 19:33

You can't you know that surely

[woody888] 08/12/2016 19:29

Anyone going short on IGG using IG index? :)

[lydnem] 08/12/2016 18:49

rackers is mentally challenged

[0rient] 08/12/2016 18:27

Setting lower leverage limits for inexperienced retail clients who do not have 12 months or more experience of active trading in CFDs, with a maximum of 25:1.
Capping leverage at a maximum level of 50:1 for all retail clients and introducing lower leverage caps across different assets according to their risks.

25:1 & 50:1 Doesn't sound that restrictive to me...who leverage's more than 50:1??!! can't be many? I've been with IG 10+ years trading CFD's..I'm twitchy at 10:1 and IG make plenty of money from me through commission and overnight fees! Do think this is a top buying opportunity :-)

[lydnem] 08/12/2016 18:01

wow i agree with tssmith...thats a worry

[tsmith2] 08/12/2016 17:45

Think IG are where need to be. Imo plus500 are in trouble, tempted to short

[eezymunny] 08/12/2016 17:35

Starting to look like an international crackdown on these leveraged accounts for retail mugs punters. Germany now...

[dangersimpson2] 08/12/2016 16:31

diggedy2,

We are talking at odds. Of course IG take the other side of customer trades in the sense that they are the counterparty to the trades but they are not aiming to be positioned net against clients.

Being a counterparty and prop trading against clients are quite different.

As you say they ideally want to have an equal amount of trades long & short in any instrument and then hedge in the market. When 1 client loses they have to pay out to the client who wins or lose on their market position. The only money IG consistently keep is the spread.

Most other SB don't hedge much in the markets because they know that most clients lose money over time. Hence they specifically want that exposure. This together with their smaller size makes their results much more variable - but potentially higher margin. They are also the revenues that are most at risk from regulatory change IMO.

You can see this by the mistake they made on the swiss franc unpegging. IG were hedged in the market so when clients lost a lot of money so did IG in their market hedging or other client positions. When those losing customers couldn't pay IG still had to honour their hedging positions hence the loss. Obviously they made the mistake of offering too much leverage to clients who couldn't back their positions for the size of move they experienced and it is this sort of thing the FCA is trying to prevent. The other SB firms didn't take these losses because either they didn't have the exposure or maybe because they weren't hedged so uncovered client losses were not realised in the market.

[0rient] 08/12/2016 16:04

I'm in for a few @480..I'm a long term client of IG and have always found them to be very professional/fair compared to some out there. I'm confident this is a good buying opportunity and that IG will figure a way around this 👍🏻👍🏻

[weemonkey] 08/12/2016 16:04

they could not hedge everything as well . . fortunately Swissie was a very minority interest esoteric trade