Ig Share Discussion Threads

[runthejoules] 27/9/2018 10:01

Ha! Was recently advised a very savvy investor had shorted this. Should have copied, nevermind!

[mobyrich] 27/9/2018 09:45

Well predicted sir!

[gbh2] 25/9/2018 16:32

Email out today re altering Share trading Terms & conditions, they could eventually price themselves out of existence!

[vatteton] 25/9/2018 14:59

Well , my earlier post now does not matter, the data has been reinstalled with a 1.5 day data gap,

[gbh2] 25/9/2018 13:08

Back to 650p ex divi?

[vatteton] 25/9/2018 09:36

Serious question for those who use ProRealtime through IG L2 ? has anybody experienced
unable to launch 10.3.
unable to get into accounts off L2.
Finally this morning delayed charting data.
Thanks.

[lodgeview] 24/9/2018 10:01

Looks like a short down to at least 650

[gbh2] 24/9/2018 08:38

Re my previous post - Their share trading website isn't working this morning so it doesn't matter how cheap the trade price is !!!

[lodgeview] 21/9/2018 16:31

Not good to see this in the red on a booming FTSE day is it?

[gbh2] 21/9/2018 15:32

I think they have one of the best Share ISA schemes on the market and possibly the cheapest to manage.

[rochdae] 21/9/2018 12:22

Revenue is near 20% down on same time last year with the impact of the new regulations still unknown. This isn't a good backdrop to sustain a rise in the share price until the situation becomes clearer.

I'm afraid not many retail clients will have assets of £500k.

It's not that IG isn't a good business or that the sector won't continue to grow, just that the easy money is harder to make and the uncertainty will impact the share price imo.

[pj0077] 21/9/2018 10:25

It's incorrect to say that retail clients generate the bulk of volumes.IGG have revealed in their presentations that 50% of revenues come from just 2% of their clients. By implication these 2% are high AuM 'Professional' clients.If IG have a number of high churn retail clients, then it's likely they can convert to Professional status as to be eligible they need only:1. to have traded in large size for 4 quarters2. to have a assets of £500K+

[gbh2] 21/9/2018 08:37

It's what may well happen to the share price on ex divi day that's more concerning imo.

[petepitstop] 21/9/2018 08:19

A good yield now at 5.5 percent.

[tdog1975] 20/9/2018 20:02

This is like retail - reacting to a qtr result....

[pj0077] 20/9/2018 16:35

IGG are assuming retail revenues fall 34%.Total revenues to fall by 'only' 10% as * not all revenues are sourced in the EU * retail clients have/will convert to Professional designation (thereby bypassing the new ESMA leverage limits).

[rochdae] 20/9/2018 10:18

I think an estimated 10% reduction in revenue is optimistic. These new measures curtail margin/gearing significantly making index trading less appealing. On the equities side margin requirements have increased .... these measures will impact revenue by much more than 10% in my opinion. The days of easy money are over ... same with Plus. Regulation will tighten further also. Note there has also been a significant impact on lines of credit for trading. Providing credit to gamble was a nice earner..

[tsmith2] 20/9/2018 10:09

that's what's impact on previous years would have been but what is the % slow down in August

[gbh2] 20/9/2018 10:07

Yep, going to be an interesting week.

[a0148009] 20/9/2018 09:47

ex div 27th September 33.51p.

[gbh2] 20/9/2018 09:34

"The Group's performance in the month of August has not changed the Company's previously stated view that the impact of the ESMA measures on historic revenue would have been a reduction of approximately 10%."

[tsmith2] 20/9/2018 09:19

have they given a %?

[gbh2] 20/9/2018 08:56

I'm back in at 800p.