Ig Share Discussion Threads

[gbh2] 26/7/2017 08:42

620 was my top up target but I think I'll wait until September to see just how far it's sold down before climbing to ex dividend date.

[gbh2] 21/7/2017 12:07

mnomis, I thought I'd made it clear that closed the short.

I hold here and my SB interest is currently elsewhere.

[mnomis] 21/7/2017 12:00

@gbh2 - hope you have a tight stop loss ...

[petethehippy] 21/7/2017 11:34

There's a possibility of a quick run to 800p to "fill the gap" as the technical traders might say. Not much material change to this business since it was over 900p. Let's see. The market certainly can't get less volatile.

[gbh2] 19/7/2017 14:15

Just arrived home to see my short has been triggered for 20 pips so the long and the short of this last 2 days is a "free" August Holiday break :))

Things should get interesting again, in the run up to the ex dividend date imo.

[cinquepercento] 19/7/2017 12:19

I agree with GBH2
I am holding my shares for the dividends and will buy more when they drop.
I am expecting a gradual fall back over the next week or so due to profit taking,wearing off of euphoria etc but time will tell.
I need to buy a lot more.

[gbh2] 19/7/2017 08:05

Expecting ca 5% pull back today.

[mnomis] 18/7/2017 17:14

Wow - just checking back in - make that nice BIG boost today. Still a hold for me. £7 maybe re-evaluate a slight trim ...

[catsick] 18/7/2017 16:17

Wow this is really melting up !

[36redhill] 18/7/2017 16:12

You beauty!

[mnomis] 18/7/2017 10:12

Nice little boost today, but like Rich, I picked these up post sell-off, and see as a hold with a good dividend yield. GLA

[discodave4] 18/7/2017 09:50

Solid results, well done holders..........my lack of patience got the better of me!GLDD

[prokartace] 18/7/2017 09:48

I would like to take this opportunity to personally thank the regulators for promising to tighten the leveraged trading rules and thereby allowing me the chance to purchase IG shares at such a cheap level and at such a good dividend yield.(6.6%)

cheers
Rich

[gbh2] 18/7/2017 09:39

Good morning BTK, I discussed this issue with the Tax office some years ago, there are ways around everything, inc setting yourself up as a ltd company, but as I mentioned above being an amateur is, imo, the least onerous option.

I've sold those I picked up last week for a nice profit and shut my SB for 42 points, just waiting for the dividend and any future share price gains now.

[haywards26] 18/7/2017 09:07

Good results. I was aiming to sell at £6, but think I will hold on longer for a little longer, enjoying the nice divi yield in the meantime.

[billytkid2] 18/7/2017 09:03

Hi gbh2. I think if you were doing exactly the same trades whether under retail or professional then it wouldn't make a difference to "earnings". You could be deemed to earning a living from trading on a retail account, its really down to volume, time committed, money earned etc. Professional classification is a reference to your understanding of risk and experience. The main downside of going professional is you lose some of your protection from the provider for holding money and risk warnings.

[gbh2] 18/7/2017 09:03

In auction due to 10% + increase :))

[stoxx67] 18/7/2017 08:52

all looking very good here, concur with opinion that £8 level should be regained in swift order.

lots of excellent investment opportunities have been crafted by the market as of late for those with an eye for judging risk/reward favorably.

[gbh2] 18/7/2017 08:51

IF they choose the latter they'll be subject to tax on "earnings" best to be an "amateur" at this game imo :)

[billytkid2] 18/7/2017 08:46

IG said 80% of their revenue (excluding US) is derived from 9% of their clients and that for the majority of these clients their activity is compatible with professional status. Professional status falls outside of the changes suggested by the FCA. If you were one of these clients who trades all the time and were told your margin requirements were going to quadruple or you could sign to say you accept professional status then I'm sure you will go for the latter.

[catsick] 18/7/2017 08:21

Results are very healthy and the comments were muted but bullish, they are doing very well in a quiet trading environment, they are also positioning themselves as the good guys in this review which shold have them trading at a premium to where they were a year ago, I think we will fully unwind the opportunity creating plunge !

[luderitz] 18/7/2017 07:20

Only had a peek but agree results look fine.

[gbh2] 18/7/2017 07:12

Results look ok, sound dividend, some negativity re other SB vendors offering cheaper services.

[smurfy2001] 17/7/2017 12:54

This might be of interest.

--

Dear Mr. Thompson

From Sunday 30 July 2017, we’re changing the way that we calculate your margin requirement for positions with guaranteed stops.
How will I be affected?
Your existing positions and working orders will not be affected. Your margin requirement for new positions with guaranteed stops from 30 July could increase, as per the calculations below.
How does it work?
Your new margin requirement will be calculated as the larger figure of the two calculations below:
1. Your maximum risk on the position with a guaranteed stop (your order size x stop distance + stop premium)
2. The normal margin requirement of the position assuming no guaranteed stop

As an example, say you open a long position of £10 per point on the FTSE at 7450, and place your guaranteed stop 50 points away at 7400:
1. Your maximum risk on the position is £10 x 50 points (stop distance) plus £10 x 0.8 points (FTSE guaranteed stop premium) = £508
2. The margin percentage on the FTSE is 0.5%, so the normal margin requirement on the position assuming no guaranteed stop is £10 x 7450 x 0.5% = £372.50

In this example, the maximum risk is larger than the normal margin requirement, so the margin required to place the trade is £508 – the maximum risk on the position.

Using the same example, say you move your guaranteed stop from 7400 to 7425, so your stop is 25 points from your opening level:
1. Your maximum risk on the position is £10 x 25 points (stop distance from opening level) plus £10 x 0.8 points (FTSE guaranteed stop premium) = £258
2. The normal margin requirement on the position remains at £372.50

In this example, the normal margin requirement is larger than your maximum risk on the position, so the margin required is £372.50.

[gbh2] 07/7/2017 14:56

Could see the share price perk up as we approach the results.