Ig Share Discussion Threads

[deanroberthunt] 09/12/2016 08:09

this is like buying £20 notes for £10

[raffles the gentleman thug] 09/12/2016 08:04

Thanks deanroberthunt was aware of that my friend, I was just referencing the extremely high level of cash generation relative to the market cap, which as you indirectly indicate is even higher relative to the enterprise value.

I am rather positive and quite an aggressive buyer at or around these levels

[undervaluedassets] 09/12/2016 07:57

Nothing has happened yet. .

This is a consultation period that is all. .

The high rollers will continue to operate as they have always done.

Ig has survived and thrived through 50 years of regulatory scrutiny and change.

This is is simply more of the same

[deanroberthunt] 09/12/2016 07:42

I'd rather have a special dividend than a share buyback...they're a waste of shareholders money

[fatnacker] 09/12/2016 07:26

Monday, obviously the answer is a fully funded guaranteed stop, or in plain English, no credit. seems logical to me in an industry where the object is to take the clients money and home if he or she is stupid enough to gamble it away.

[scapital] 09/12/2016 07:20

As with most companies they are authorised to make share buy backs. At this level I would put some of that cash to use and start cancelling shares.The CFO bought £250k of shares at 840p a couple of months ago. Bit of an incentive for him to support the price.

[deanroberthunt] 09/12/2016 07:15

Raffles, they have £0.5bn of cash and no debt.

[deanroberthunt] 09/12/2016 07:15

Cigarette companies haven't been able to advertise for eons, and they're doing fine....and that's all we're talking about, and the German thing is regarding not advertising negative equity accounts, not stopping it.

as ever it's all a storm in a teacup and buying the fear and paranoia

[raffles the gentleman thug] 08/12/2016 23:24

Wonder what chance someone steps in with bid shortly ... Over £200m of cash generation looks exceedingly attractive here with nothing to really spend it on

[investment dave] 08/12/2016 22:50

Monday you can't gapping nullifies stop losses unless you can place a market order on L2 but you are still at risk of exceeding your stop price. I never set stops on AIM ftse etc only on currencies commodities index etc

[mondaytuesday] 08/12/2016 22:38

How can you provide negative balance protection when a stock for example can open far more down than the equity in your account?

You'd have to put much more equity into the account and even that is no guarantee of a wipe out.

[dros1] 08/12/2016 22:35

hxxp://www.leaprate.com/2016/12/germany-regulator-bafin-requiring-negative-balance-protection-for-cfd-trading/

BaFin’s proposals, however, are much milder.

The main thrust of BaFin’s rule changes is to limit the losses on leveraged CFD trading to the amount of equity already deposited by the client. No other mention of leverage limits, or bonus payments, was made.

BaFin’s proposal effectively requires CFD brokers to provide negative balance protection to their trading clients. In practice, that is something which many online brokers already do.

In fact, in speaking with several leading brokers LeapRate has learned that most FX industry executives are positively surprised by the BaFin proposals, as many were expecting much worse – such as action the FCA took, or even a total ban on Forex and CFD advertising (as Holland and France did), or a total ban on trading leveraged off-exchange instruments, put in place recently in Belgium.

[mondaytuesday] 08/12/2016 22:20

Brokers eh? Aren't they great lmao

[orinocor] 08/12/2016 22:15

Citigroup have gone from buy to neutral with a 470p price target

[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.....