Ig Design Share Discussion Threads

[blackhorse23] 19/6/2022 21:32

Would not surprise if this stock open 250p any day soon ? Looking at company profile and it's very much undervalued at LSE

[sankshiela] 18/6/2022 12:16

Calm down Debs you miserable clown fish-
The worlds not ending now is is sunshine

[blackhorse23] 17/6/2022 16:00

https://2jon6lgrvv6i3llu225kv2cx-wpengine.netdna-ssl.com/wp-content/uploads/2022/04/Trading-Update-final.pdf

[debsdowner] 17/6/2022 15:50

darrin thanks for input.

Blachorse must be convinced he has sold everything his house his car even pawned his daughters prize pony so will watch with interest.

[darrin1471] 17/6/2022 15:13

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.

[darrin1471] 17/6/2022 14:14

maxplus2. Only working capital debt. They have been paying it down for years and were on average debt free last year. Earlier placed orders due to supply chain delays will increase working capital requirements but hopefully prevent the last minute transport and overtime costs of 2021.
IGR say the revised banking facilities will cover required working capital requirements but cost of banking facilities will come off bottom line while margins will take a couple of years to fully recover.

[blackhorse23] 17/6/2022 13:50

GDP growth actually good, IGR has huge revenue against its mcap , revenue always win

[debsdowner] 17/6/2022 13:41

Blachorse interest rates going up in the US and UK this will hit both business and consumer spend. I don't know enough about this company yet so will reserve my comments to just brief concerns.

Tesco UK sales have fallen 1.5% lately and customers are trading down, looking for discounts and value and spending less, clothes and toys have also been hit. The cost of living going to get worse not better.

[blackhorse23] 17/6/2022 12:16

They secured extend banking facilities until 2024, check out company financial which is very rewarding compare it's market value and other stocks in LSE

[maxplus2] 17/6/2022 12:12

What about debt level?

[blackhorse23] 17/6/2022 10:12

Huge revenue streaming £963 million ,2021 . Another 15% - 20% growth forecast 2022

[blackhorse23] 17/6/2022 09:39

Bought more today , can't pass at this price ,

[darrin1471] 16/6/2022 20:24

Speculation
It felt to me on the way down that the new shareholders played Kabouter knowing they had a large position to sell. When the selling ended they were able to move the stock up on relatively small volume compared to their holdings.
Others said on this bb last week they were selling hoping to buy back around 60. They may see something in a chart. New holders may be moving the share price around to construct a chart in order to show the next leg up above the 100 day moving average.

[debsdowner] 16/6/2022 19:41

Blackhorse you sold ?

fegger most retailers are suffering badly THG and ASOS down circa 30% BooHoo and ASOS both issue profit warnings.

Jooules, Frasers, Marks, NEXT all down and many more.

With a global downturn comming it will hit retail in the UK and the other side of the water.

[fegger] 16/6/2022 19:09

Anyone know reason for 18% fall to 64.5 pence ?

[blackhorse23] 16/6/2022 00:15

another opportunity to buy

[peteret] 15/6/2022 23:55

Thank you black horse for you tip.Made some good profit.

[peteret] 15/6/2022 23:26

Sold at 77.1 Might be a mistake but in good profit. This has become a little unpredictable.Good luck all holders

[bwana4] 15/6/2022 13:30

If inflation and a recession take hold this year than there is not going to be much cheer at Xmas.
People won't be spending much on Xmas crackers and things that are not necessary in life. AIMHO ofcourse.
Goodluck if you are a holder here.
ATB.

[blackhorse23] 14/6/2022 23:40

strong pound will bring more profit

[blackhorse23] 14/6/2022 12:03

Diluted at 20p so we are still good lol

[darrin1471] 14/6/2022 10:45

Looked at RBG but looking elsewhere due to massive dilution of shares during covid. I like the UK pub sector as it has been hit hard in the last year but should do well comparatively at Christmas with the late world cup in November starting the Christmas season early.

[blackhorse23] 14/6/2022 09:00

Bought some RBG today