Ig Design Share Discussion Threads

[blueliner] 08/8/2016 08:32

Any one else tried to sell this morning, wanted to reduce/let some go, nothing doing, no live quotes from HL, limit only, not executed.

[nw99] 08/8/2016 08:19

Great write up from Sharewatch

[time 2 retire] 08/8/2016 04:13

Wow 35p, that's brilliant refillmore-i think iv'e averaged down to about 41p over the years and i also can remember when these were as low as 14p-worrying times back then!

Would i know you, did you work in Penallta?

[refillmore] 08/8/2016 02:53

I am right there with you T2T. I also used to be an employee and bought IGR about 8 years ago @ 35p. I remember getting very nervous when it dipped all the way down to 17p. We have come a long way and are being rewarded nicely for our investment.

[time 2 retire] 07/8/2016 13:55

Thanks Daz.

Yep bb2, this has been a good one for me but has taken about 9 years to get to here-we could get another doubling and more in the share price though within 2 years or so IMO.

[daz] 07/8/2016 13:03

T2R. The SCSW is copyright and also out of respect to subscribers, I'll leave it a while before posting. Suffice it to say, it's a main recommendation.

Should be a good Monday morning with 2 tips.

[battlebus2] 07/8/2016 12:29

Hi T2R, what an investment this has been for you, up 300% from around the 50p level. Lots more left in the tank I believe.

[time 2 retire] 07/8/2016 10:36

Hello bb2, Thanks for the link, a cracking read.

[battlebus2] 07/8/2016 08:39

And tipped in Midas...

[time 2 retire] 06/8/2016 02:59

We get another mention in todays The Small Companies Sharewatch, can anyone post the article in full if permitted?

Many thanks.

[time 2 retire] 03/8/2016 15:27

Yes PS, a re-rating going down here and still value to be had according to Edisons mini update yesterday.

INVESTMENT SUMMARY

IG Design delivered strong FY16 results, with constant currency revenue growth of 4.4%, gains at both gross and operating margin level and net debt reduced by more than expected. The new branding emphasises that it is more than an efficient, commodity business and that its skillsets can be leveraged across adjacent categories. The US opportunity is by far the largest and the new local management team is making a strong start. The acquisition of Lang Companies for $3.6m in cash gives a further step up. The deal is earnings neutral in FY17e but accretive in FY18e as the synergistic benefits start to flow. The company has raised £5.0m net to fund the additional working capital and other investment opportunities. The share price has started to grasp the changing proposition, but has yet to fully reflect it.

Last updated on 02/08/2016

[psolomons] 01/8/2016 08:39

You might think someone is running the slide rule over IGR for possible buy out. Having said that it is just as likely to be the long overdue re rating.

[psolomons] 29/7/2016 19:26

Very nice day today. The share price is beginning to recognise the companies progression and potential.

[jimbobjames2002] 29/7/2016 11:59

Blasting through the 200p mark - lovely stuff!

[time 2 retire] 29/7/2016 07:23

Gervais Williams still hot on IGR.....

by Michelle McGagh on Jul 29, 2016 at 05:00

IG Design to weather ‘Brexit’ storm, says Williams
Citywire AA-rated Gervais Williams is backing IG Design (INGR) to prosper post-‘Brexit’ that’s to exposure to overseas markets.

Williams holds 3.6% of his Miton UK Smaller Companies fund, which he runs with Citywire AA-rated Martin Turner , in the company.

The stock is one of his few holdings exposed to consumer discretionary spend, a sector of the market likely to come under pressure if the ‘Brexit’ vote sparks a slowdown in the UK economy. But Williams said IG Design was likely to prosper given the fall in the pound.

‘This company does manufacture wrapping paper, cards and crackers for the US, Europe and the UK markets. If anything it should be a beneficiary of the weakness of sterling given the manufacturing plant here, and sales and profits generated overseas in foreign currencies,’ he said.

Williams’ fund has returned 57.4%, more than double the 26% average return of funds in the Investment Association’s UK Smaller Companies sector.

hxxp://citywire.co.uk/money/the-expert-view-rbs-lloyds-and-itv/a937169?re=41423&ea=29

[psolomons] 25/7/2016 09:33

I don't mind admitting it, i'm riding out the ups and downs and remain a buyer up to the £3 region. Even then I will keep it under review as it is such an encouraging story

[psolomons] 25/7/2016 09:10

Some placings are a warning that the company is in trouble and needing to raise emergency funds. This is absolutely NOT the case here. The funds are being used to help grow the business and support existing expansion plans. IGR will be stronger as a result with benefit to the share price

[daz] 20/7/2016 21:32

IGR scores well on a number of different stock screening measures, summarised in this article (you need to register to read)

[time 2 retire] 12/7/2016 16:37

Here's a bit of what LANG does...A very good acquisition for IGR...

hxxp://www.lang.com/

[daz] 11/7/2016 22:00

Thanks for the link T2R, Edison's estimates look like they can be beaten, as IGR always seems to guide low at the start of the year.
A forward p/e of 11 on those conservative numbers, for a business with momentum does look very good value.

[psolomons] 11/7/2016 20:23

Nothing in a straight line but plenty more to come with this share. The dividend is a very sweet bonus.

[davebowler] 11/7/2016 15:20

Edison summary;
IG Design (IGR) has announced the acquisition of Lang Companies for $3.6m in cash. The deal is earnings neutral in FY17e but accretive in FY18e as the synergistic benefits start to flow. Lang has a complementary product range in stationery and giftware and some strong sports-based licences. It also has a design-led culture that should mesh well with IGR’s US operations, which have been gaining momentum. The share price has started to grasp the changing proposition, but has yet to fully reflect it.

[time 2 retire] 11/7/2016 14:36

Edison updated again...



Revenue for 2018 now penciled in at £282 million