Ig Design Share Discussion Threads

[s34icknote] 07/6/2022 18:53

Thomas cook had a turnover of 10 bn !!What happened ???Igr turnover a billion dollars on 0.5 percent margin .It's weather they can increase the margins faster than costs !!It's an intriguing situation !!!

[wall street trader] 07/6/2022 17:20

My Money don't jiggle jiggle it folds.....

[debsdowner] 07/6/2022 16:21

Most shares don't fall for no reason supply, I agree some share may fall more than they desserve but unless you have a crystal ball or have more information on prospecrts to properly evaluate a company worth its a gamble.

Sales don't always equate to profits you surely know that it doesn't matter if the company has sales of ten bilion if it doesnt make any money its not worth very much unless you are certain it will be profitable in future.

Lets not talk gambling are there any forecasts ?

Take your time Blackhorse I ain't in no hurry but there is nothing on the header thread for an investor to consider whether the company will be orofitable or not going forward that I can see.

[blackhorse23] 07/6/2022 13:06

It's drop from 500p remember , still undervalued while revenue steaming close to billion pounds

[debsdowner] 07/6/2022 13:02

Blackhorse,

Didn't IG warn of a significant fall in profits to breakeven and declared there would be no dividend?

[blackhorse23] 07/6/2022 11:18

200 percent gain by end of month or before

[blackhorse23] 07/6/2022 10:36

Looking very cheap entry

[wigwammer] 07/6/2022 08:36

IGR is valued at around 7% of sales, amongst the very lowest in the market. Obviously, if it survives and starts generating 5%+ op margins again, it isn't going to stay at that valuation. Securing the financing - even with some additional caveats - goes a long way toward increasing the likelihood that IGR DOES survive, and that the shares recover. Investment is about valuation - what you pay - not just about a story.

[baner] 07/6/2022 08:27

kaffee

cash is NOT net cash. in fact IG i likely to have substantial net debt on average.

CF/share is based on historical performance. current level much, much lower.

NAV is before writing off intangibles. net of those, NAV is still ca 250p.

[kaffee] 07/6/2022 05:44

Something cannot be right here... the Financials on ADVFN show it as a bargain, Cash per share of £1.37 ? And Cash Flow per share of 66p. NAV per share £4 !!

And the banks have come along, reduced the RCF, imposed some stiff targets and want a say in future Dividend payments ?!

Please enlighten me.

[wigwammer] 06/6/2022 20:34

Will be interesting to see if a broader range of directors buy after the closed period is over.

[wall street trader] 06/6/2022 18:59

When this dividend gets reinstated in a few years this investment in the low 50ps will bring me a handsome income if I hold on - tough to do as it's jn my trading account but think I may just do that

[justiceforthemany] 06/6/2022 16:12

Rearranging covenants means (i) Board were super worried about breaching them and (ii) insolvency risk is high. Just how bad will the results be?

[blackhorse23] 06/6/2022 12:22

Once Claire from JP Morgan arrange some institutional investment it will go skyrocket

[oakville] 06/6/2022 12:13

Well done Blackhorse....

[blackhorse23] 06/6/2022 09:48

It's 300p shares lol don't know why 60p lol

[peteret] 06/6/2022 09:45

Got some at 50p Wednesday struggled to get some more today eventually got some more at 59.98.Nobody's selling this is taking off big time.

[wall street trader] 06/6/2022 09:35

Looking good now lol will ya for my holiday coming up and some

[wall street trader] 06/6/2022 08:34

Well my timing on this was impeccable unlike my long term holding - feeling happy

[blackhorse23] 06/6/2022 07:30

Group banking facilities has been extended to 2024 from 2023 which is very good news

[blackhorse23] 05/6/2022 13:36

Excellent outlook & growth forecast

[wigwammer] 02/6/2022 23:43

Confirmation of facility extension, and continuing confidence around order book are - without too much controversy - positive developments. ATB