ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

IGR Ig Design Group Plc

120.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ig Design Group Plc LSE:IGR London Ordinary Share GB0004526900 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 120.00 0.00 07:38:41
Bid Price Offer Price High Price Low Price Open Price
118.00 125.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Convrt Paper,paperbd Pds,nec USD 890.31M USD -27.99M USD -0.2829 -4.24 118.71M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 120.00 GBX

Ig Design (IGR) Latest News

Ig Design (IGR) Discussions and Chat

Ig Design (IGR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-23 16:06:53120.008,50010,200.00O
2024-04-23 15:10:49120.008,50010,200.00O
2024-04-23 15:10:01120.0050,00060,000.00O
2024-04-23 14:32:31120.79827998.93O
2024-04-23 13:28:23120.8011.21O

Ig Design (IGR) Top Chat Posts

Top Posts
Posted at 23/4/2024 09:20 by Ig Design Daily Update
Ig Design Group Plc is listed in the Convrt Paper,paperbd Pds,nec sector of the London Stock Exchange with ticker IGR. The last closing price for Ig Design was 120p.
Ig Design currently has 98,926,000 shares in issue. The market capitalisation of Ig Design is £118,711,200.
Ig Design has a price to earnings ratio (PE ratio) of -4.24.
This morning IGR shares opened at -
Posted at 08/4/2024 13:53 by aleman
We know it does not take a lot to move these either way. Maybe the seller has backed off and there's a little speculative buying ahead of the year-end update. There's certainly more volume for some reason, with the shares at the lowest they've been since the last news and that was pretty good. We only need margin recovery without sales growth and the shares should rise, and the board sounded reasonably conifident of that. Any outlook for revenue growth would be a big bonus. So, hopefully we should hear some good news soon and this looks as good an entry point as any when looking at recent months' share price action.
Posted at 08/2/2024 08:06 by darrin1471
Has the EBT scheme supported the share price or put a lid on it?
Revenue growth predictions look easier to forecast than to achieve.
I do not follow IGR as closely as I used to but my view was that volumes were sacrificed for margin. Are IGR going to be able to get those volumes back on higher margins?
Posted at 08/12/2023 15:27 by time 2 retire
5 small-cap stocks Fools think will soar in the next bull market....

IG Design
What it does: the company designs and makes celebration, stationary, creative play, gifting and not-for-resale consumable products.

By Kevin Godbold. IG Design’s (LSE:IGR) business is sensitive to general economic shocks and earnings collapsed along with the share price in the trading years to March 2022 and 2023. But economic times could be on the mend for consumers. And City analysts predict a massive earnings rebound ahead.

Estimates I’ve seen anticipate a return to pre-Covid profits as early as the next trading year to March 2025. Meanwhile, the share price languishes around 148p as I write compared to a peak above 760p pre-pandemic.

Meanwhile, the valuation looks undemanding with a forward-looking earnings multiple of just under five when set against expectations. And in October, the company issued an encouraging trading statement.
Posted at 28/11/2023 10:53 by aleman
We should get another good write-up in the IC. This was published only 6 days ago, with comment on Canaccord numbers after the October update, so it should soon draw another comment with revised numbers tweaked or not.



IG Design rallied in response to a half-year update. It confirmed that it had achieved “significant growth in profit and margins for the six months ended 30 September”. It added that “net debt was significantly lower than a year ago, reflecting strong cash flow”. “Both measures were notably ahead of management’s expectations for the period.” Canaccord Genuity issued a note that valued the company at 12.4 times earnings the current year ending March 2024. More importantly, it expects it to recommence paying a dividend in the following year to March 2025. Even after the rally in the share price, that leaves the stock at 150.5p, on a March 2025 price/earnings (PE) ratio of 5.9 times and a dividend yield of 6.4 per cent. Management is doing an excellent job of restoring the business to profitability. The jump in the share price suggests expectations were at rock bottom. I don’t think it is the only stock in my portfolio where some good news will spark a sharp recovery in the share price.
Posted at 31/10/2023 07:08 by time 2 retire
IGR gets a hold rating from Questor in todays Telegraph.


The Telegraph
If you are an aggressive, risk-tolerant investors should hold on to these shares
Russ Mould
Tue, 31 October 2023 at 7:00 am.
wrapping paper.

Regular readers of this column will know that one of our favourite trends at any company is a reduction in debt. Lower borrowings mean less risk, as well as lower interest costs.

A less risky business can attract a higher multiple of earnings from investors to reflect greater certainty that profits will be maintained or increased in future, while lower interest costs mean, all else being equal, a rise in profits. Hence the potential for a nice double boost to the share price from a fall in debt.


IG Design, the stationery, gift wrap and crafting specialist, looks like a case in point, rather as we hoped in our study of December last year.

The shares jumped nicely last week thanks to comments in a trading update from the company that cash flow had exceeded forecasts, with the result that debt was lower than expected.

The Aim-quoted concern achieved this thanks to cost cuts and operational efficiencies, even as sales in the first half of the fiscal year to March 2024 fell year-on-year, owing to weakness in the US market in the run-up to Christmas and some normalisation in seasonal ordering patterns.

IG Design therefore still has much to do, even if chief executive Paul Bal seems confident that profits and cash flow will improve considerably in the current financial year.

A refinancing in June and continuing debt reduction give Bal and the revamped management team room in which to work and the good news is that analysts’ sales and earnings forecasts are rising.

That slow start to the festive selling season in America may have wider implications for consumer spending, so this is a trend that must be carefully monitored, especially by any investors who own stocks that rely on the US consumer and trade at a high valuation thanks to lofty expectations of future growth.

At least in the case of IG Design we have some protection against any such adverse trends, since its £132m market value compares with $206m (£170m) of inventory on the balance sheet and net tangible assets of $263m (£217m at the current sterling/dollar exchange rate of $1.21).

There is also potential for gains should the company even come close to achieving its goal of returning to pre-pandemic operating margins of around 7pc by March 2025, since earnings per share reached 16.9p in 2020.

The shares trade at barely eight times that figure, although more work is needed on the balance sheet and the risk of a slowdown in consumer spending is not one that can be dismissed easily, so the stock is best suited to aggressive, risk-tolerant investors, not cautious ones or income seekers.

The first-half results will be published on Nov 28; meanwhile the continuing reduction is debt is a welcome trend at IG Design and we will hold.

Questor says: hold
Posted at 20/6/2023 08:35 by darrin1471
I don't think anything said on this thread will significantly effect the IGR share price so my negative outlook is not a short play but a genuine worry that the short term outlook is poor.
I have not read the results in full yet, but only taken a quick look.
US consumer sentiment is falling and so are advanced orders. UK orders are down. What are the reasons for this? Competition or trying to push margins to high?
Posted at 18/2/2023 16:30 by time 2 retire
A fairly good write up by Kevin Godbold in the motley fool.

1 cheap share I’d buy now in my Stocks and Shares ISA.
There are many cheap shares around now because of recent geopolitical and economic events. And last year’s weak stock market created several attractive-looking investment opportunities for my Stocks and Shares ISA.

One I’m keen on is IG Design (LSE: IGR). The company describes itself as a “leading”; manufacturer of gift packaging and products for celebrations, gifting, stationery and creative play.
In the trading year to March 2022, around 69% of revenue came from the Americas and 12% from the UK. The remaining turnover came from other countries in the world. So IG Design has a well-developed international business with an emphasis on America.

But as we might expect, operations have a lot of cyclicality. And that’s caused problems along with the well-reported general supply chain difficulties.

I last wrote about the firm in November 2019. Back then, the business was riding high and growing like mad. And I reported the share price at 639p. But today, it’s in the ballpark of 153p. So what went wrong?
The answer to that question is earnings. The pandemic and the other economic challenges caused the firm’s profits to drop away. And the share price plunged as well. Since its peak in January 2020, the stock is now around 78% lower. Therefore, it’s cheap in that sense.

But the business is turning itself around. And the shares have been responding well. For example, over the past year, the stock has risen by just over 40%. But the enterprise has the potential to perform well in the coming years and to rebuild its earnings.
The business is turning
Last November’s half-year results were encouraging. Revenue for the six months to 30 September increased 8% year on year. And there was “improved profits and margin recovery”. The directors said they expected the full-year results to be “ahead of expectations”.

City analysts have pencilled in a big earnings recovery of around 580% for the trading year to March 2024. But even if that happens, earnings will still only be around a quarter of those achieved in the year to March 2019.

Meanwhile, the forward-looking earnings multiple set against that estimate is around 15. And that valuation strikes me as fair rather than cheap. However, if IGR can rebuild its earnings to somewhere near prior levels, the valuation today could prove to be cheap. But positive outcomes aren’t guaranteed. So I’d suggest this stock is not for widows and orphans, despite the potential of the business to recover and grow.

But new chief executive Paul Bal is due to take up his position on 1 April. And he’s been the chief financial officer (CFO) since March 2022. But prior to that he served as CFO at Stock Spirits where he “was instrumental in the turnaround of the then LSE-listed group”.

However, even with a refreshed management team in place, positive outcomes are not certain. And one thing for investors to keep an eye on is the big load of debt carried by the company.
Nevertheless, I’m optimistic about the multiyear prospects for IG Design. And although I already hold some of the shares, I’m thinking about adding more to my Stocks and Shares ISA.

Gets my goat when it mentions company debt, if these journos did a bit of research they'd see that it's seasonal debt, IGR always borrow heavily for the Xmas orders but are always cash positive at this time of year...
Posted at 02/2/2023 14:53 by darrin1471
t2r Patience.
Fall has been on low volume.
Always felt the IGR share price was "managed" down and up.
May be an opportunity to top up ahead of results. Happy with my exposure and profits so not adding.
Posted at 26/1/2023 15:51 by darrin1471
A year to the day since the TU that saw IGR share price fall 58% on the day.
Despite resent strength share price needs to rise 50% to get to that pre TU price.
Posted at 17/6/2022 15:13 by darrin1471
debs: IGR were previously looking for 15% organic growth by adding new products to their range from the CSS acquisition. It appeared major customers were encouraging IGR to expand into these areas where they were getting poor service from existing suppliers.
IGR also planned to add bolt on acquisitions to boost turnover further but I expect this will have to be put on hold now until IGR share price recovers and CSS acquisition proves profitable.
IGR customer base is quite impressive. If IGR customers turnover drops 5% then the 15% organic growth would be cut to 10%. Other suppliers may also go bust giving opportunities.
Big retail buyers want the low labour high value "multiple display units" IGR create.

IGR products created from the CSS range in the US could then also be cross sold to IGR customers across the world. Same with other bolt on acquisitions.
Ig Design share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock