Ig Design Share Discussion Threads

[time 2 retire] 09/5/2016 08:40

A good start to the week-looks like scsw has brought IGR to the attention of a few more people...

[cfro] 08/5/2016 14:32

I subscribe to scsw and as Daz says above there is not much more to add as it was only a quick update..

[time 2 retire] 08/5/2016 01:29

Thanks Daz, and i agree-Cenkos forecasts is a little on the cautious side and IGR should quite easily beat these.

[daz] 07/5/2016 15:26

Not much to add T2R, I don't think I'm breaking any copyright to say it finishes quoting the current Cenkos forecast of earnings of 12.8p for the current year. I think this is a low forecast, which allows management to beat as the year goes on.

[time 2 retire] 07/5/2016 01:53

We get another mention in today's Small Company Sharewatch....

I'm not a subscriber but the article starts...

"IGR has released another strong trading update, which said full year results are ahead of expectations. There has been good momentum in the UK and US with management continuing to invest in growth initiatives and more than offsetting foreign exchange headwinds in Europe. In the light of the..."

Can anyone fill in the blanks please (if permitted).

Many thanks

t 2 r

[time 2 retire] 04/5/2016 23:25

Thanks for your input jb5555, i don't know why they don't simplify RNS's!

I see another 4 big trades went through at close of play today held back from last Thursday totaling 825,000 so we may have some more news to come...

[jbarker5555] 04/5/2016 13:17

Interesting to see if they keep on accumulating!! :)

[jbarker5555] 04/5/2016 13:15

Hi t2r - My take on it would be that prior to the announcement Schroders had an interest below 5%, the transaction on the 29th caused their holding to cross the 5% threshold to take them up to 5.373%. On the 29th there was a trade for 400,000 shares at £1.72 which I guess was their purchase. :) AIMO

[time 2 retire] 04/5/2016 09:58

I'm not really sure how these "major interest in shares RNS's" read but am i right in thinking Schroders plc & Schroder Investment Management Limited is a new major player buying up 3,185,000 shares?

[psolomons] 03/5/2016 11:55

Good to see who is accumulating all the shares.

[interceptor2] 21/4/2016 11:10

The link above is an interview with CEO Paul Fineman after the last half year results, I know that time2retire has posted this before, but worth looking again after this week's trading update.

Paul Fineman always gives an informative interview, where it is interesting to understand where the growth opportunities are.

[psolomons] 20/4/2016 12:56

I'm already looking forward to the full year results in a couple of months. I'm also assuming we have the sale of the Hirwaun site to hit the bottom line.

[thomasthetank1] 19/4/2016 12:34

Read Edison's note on INTERNATIONAL GREETINGS, out this morning, by visiting hxxps://www.research-tree.com/company/GB0004526900
"The year-end trading update indicates that International greetings (IGR) ended FY16 strongly in all its geographic regions, with good momentum into the new financial year. FY16 earnings per share will be at least 13.0p (Edison forecast: 12.1p). Cash performance was also well ahead, with deleveraging comfortably outperforming our modelled outcome, which showed an end-March net debt figure of £26m. The full year dividend is to be recommended at 2.5p (our forecast: 2.0p). FY16 numbers and FY17 estimates will be revised up on publication of the full year numbers at end June, underlining the strong value in the shares at current levels...."

[market sniper 3] 19/4/2016 09:49

IGR International Greetings.

Another Broker Note

International Greetings PLC IGR Beaufort Securities Speculative Buy 180.50 179.50 - - Reiterates


Speculative!!!!!!!!! didnt look that way to me on the RNS yesterday.

[market sniper 3] 19/4/2016 08:18

IGR Bullish article, must have come out late.......not sure how much stock is on loan??.

Will International Greetings plc Short Squeeze Soon? The Stock Just Gapped Up

APRIL 18, 2016 BY STAFF WRITER IN STOCK NEWS ·


The stock of International Greetings plc (LON:IGR) gapped up by GBX 8.5 today and has GBX 310.54 target or 73.00% above today’s GBX 179.50 share price. The 5 months technical chart setup indicates low risk for the GBX 106.36 million company. The gap was reported on Apr, 19 by Barchart.com. If the GBX 310.54 price target is reached, the company will be worth GBX 77.64 million more. Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock increased 15.06% or GBX 23.5 on April 18, hitting GBX 179.5. About 183,337 shares traded hands or 752.29% up from the average. International Greetings plc (LON:IGR) has risen 23.79% since September 17, 2015 and is uptrending. It has outperformed by 17.00% the S&P500.

[market sniper 3] 19/4/2016 08:17

That looks rather bullish, thanks for that Jeff.

[jeff h] 19/4/2016 08:12

Cenkos forecasts:-

Y/E 31/3/16 Pbt £10.60m EPS 12.80p Div 2.50p

Y/E 31/3/17 Pbt £12.00m EPS 13.70p Div 3.50p

[psolomons] 18/4/2016 20:08

You sold at a profit Lord G. In share trading that's the holy grail. It's very easy to lose money in this game.

[interceptor2] 18/4/2016 17:45

Cenkos cover this stock, last year when IGR released a positive trading update on 21st April 2015, Cenkos did issue a note and increased estimates on the same day.

When I see any new estimates I will post them here.

[market sniper 3] 18/4/2016 17:19

Surely this one as brokers following it, cant find anything yet though.

Anyone know who does follow it please?.

Not meaning eddison.

[daz] 18/4/2016 16:57

Thanks Dave,

An historic p/e of 14 is far from expensive, given the savings that will accrue from the investment in the US plant this year on top of the growth in the core business, which is seeing continuing momentum, probably on a forward p/e of 12 to 13, which leaves decent upside.

[davebowler] 18/4/2016 15:09

Edison;
The year-end trading update indicates that International greetings (IGR) ended FY16 strongly in all its geographic regions, with good momentum into the new financial year. FY16 earnings per share will be at least 13.0p (Edison forecast: 12.1p). Cash performance was also well ahead, with deleveraging comfortably outperforming our modelled outcome, which showed an end-March net debt figure of £26m. The full year dividend is to be recommended at 2.5p (our forecast: 2.0p). FY16 numbers and FY17 estimates will be revised up on publication of the full year numbers at end June, underlining the strong value in the shares at current levels.

[market sniper 3] 18/4/2016 10:47

International Greetings' (IGR) financial performance in the year ended 31 March was ahead of expectations, resulting in a further year of double digit earnings per share growth. The shares were up 11.79% at 174.4p.

[...]

[cfro] 18/4/2016 09:43

Also bought back in this morning. Agree with the comments made above. Management are hitting targets and the company is firing on all cylinders.