Ig Design Share Discussion Threads

[hamhamham1] 05/7/2022 08:12

Oooh, 99.9p, so close ;)

[hamhamham1] 04/7/2022 17:36

Probably, but if you told me this could 6x or 7x over next 5 yrs and maybe chuck in 8p divis a year for last couple of years, I'd be a happy bunny.
Shares always drop quick and usually slow to recover, yeah some come back V shaped, but only a few, patience is the name of the game.
nb- and some shares don't come back at all of course.

[time 2 retire] 04/7/2022 17:28

Ham1, I can remember it being £7.72, hindsight is a wonderful thing.
I did manage to sell a few at £6+ mark so I can't complain. I think it will be a good few years before we're back at that level though.

[hamhamham1] 04/7/2022 16:51

12 months ago this was 538p

[blackhorse23] 04/7/2022 16:34

Blue today

[hamhamham1] 04/7/2022 15:05

Might even get 100p today, that would be a turn-up for the books!

[hamhamham1] 04/7/2022 14:43

Here we go....

Shareholders
Name Equities %
S. Anders Hedlund 22,918,994 23.7%
Octopus Investments Ltd. 11,397,165 11.8%
Canaccord Genuity Wealth Ltd. 6,493,795 6.71%
Rowan Dartington & Co. Ltd. (Broker) 5,811,000 6.00%
BennBridge Ltd. 5,034,020 5.20%
FIL Investment Advisors (UK) Ltd. 4,960,115 5.13%
BlackRock Investment Management (UK) Ltd. 4,371,670 4.52%
Polar Capital LLP 3,474,390 3.59%
Chelverton Asset Management Ltd. 2,890,060 2.99%
UBS Financial Services, Inc. 2,817,000 2.91%

[hamhamham1] 04/7/2022 14:37

Edit - oops sorry that Luceco shareholders, wrong company, wrong board :)

[hamhamham1] 04/7/2022 14:10

Shareholders
Name Equities %
EPIC Private Equity Ltd. 35,564,260 22.1%
Giles Robert Brand 9,466,919 5.89%
John Charles Hornby 9,302,961 5.79%
Polar Capital LLP 8,122,929 5.05%
BlackRock Investment Management (UK) Ltd. 7,936,028 4.94%
JPMorgan Asset Management (UK) Ltd. 7,793,968 4.85%
Luceco Employee Benefit Trust 7,176,363 4.46%
Henderson Global Investors Ltd. 6,374,003 3.96%
Premier Fund Managers Ltd. 4,309,867 2.68%
Montanaro Asset Management Ltd. 3,400,000 2.11%

[blackhorse23] 04/7/2022 12:48

Last 3 month this company share price up & down between 50p to 100p many times , I think we need some institutional investment to keep the price steady otherwise shorters will short the stock , it's my opinion only

[hamhamham1] 04/7/2022 11:46

It spent all morning trying to break the 94p, looks possibly clear now, at 96p???
It broke quicker than I thought, but hey, time will tell. GLA.

[hamhamham1] 04/7/2022 09:05

A daily close of 94p or above this week would be ideal, we already passed through that intraday.

[hamhamham1] 04/7/2022 09:03

Risky business if you overload into a single stock IMO, there are no get rich quick stocks, but there are get poor slowly stocks.

[blackhorse23] 04/7/2022 08:53

Moving some investment to MCB , I think wise decisions

[hamhamham1] 04/7/2022 08:48

I could sell at 94.2p and buy at 96.4p a minute ago.

[hamhamham1] 04/7/2022 08:23

The 3 resistance levels, which will hopefully then turn into support levels.

87.4p - Check!
94p - Hopefully today!
113p - In a week or so?

hamhamham1 - 29 Jun 2022 - 11:34:41 - 656 of 670 Christmas Crackers (more technical info and new) - IGR
87.4p, 94p and 113p recent daily closes which will provide a bit of resistance, else clear above that to 200p+

[hamhamham1] 02/7/2022 09:44

Nice write up (on the whole), roll on 500p+ again, some day.

[time 2 retire] 02/7/2022 08:05

5 AIM Shares For Recovery From Interactive Investor.

I thought that this year gift wrap, gifting and stationery products supplier IG Design Group
IGR would start to recover but things have got worse, and the recovery is delayed. Good service levels mean that demand for the products is still there, but the cost base needs to be attended to. A new chief executive will be appointed and there is the promise of an update on strategy with the interims later this year.

Full-year revenues increased from $873.2 million to $965.1 million, but an underlying pre-tax profit of $32.8 million was turned into a loss of $1.3 million. Higher freight and supply chain costs hit the business. Net cash was $30.2 million at the end of March 2022, although there are points in the year when there are substantial borrowings. The bank facility has been extended to March 2024.

The American business slumped into loss, while the international business continued to be profitable. A new management team is being sought for the American operations and it will need to reduce costs and improve margins. Craft sales were flat.

A modest rise in revenues is forecast for this year. IG Design could still be loss-making, although it is expected to generate cash.

The share price rose after the annual results. Directors have acquired shares at prices between 70p and 83p since the results release on 28 June. That has helped the price recover from its low, but it is still well down on the year. The business will recover because the customers are highly supportive – the order book is already 71% of this year’s budgeted revenues - and margins can move towards former levels, but it will take time. The forecasts appear to be set at a level where there should be no more significant negative surprises. Buy for recovery.

[hamhamham1] 01/7/2022 14:14

Nice 300k shares buy gone through at 89p.

[hamhamham1] 01/7/2022 10:24

Ok fair enough :)
But I don't see the multiple hugely diff between IGR and MCB, IGR 8x to highs, 10-12x to highs.
So for me, its about the chance of getting back to say 60% of the highs, i see IGR a better bet, but i do have a few MCB as well, but a smaller punt.

[blackhorse23] 01/7/2022 10:15

I will buy back again once drop to my price target ?

[blackhorse23] 01/7/2022 10:11

Mate I sold some with profit & bought MCB because of high potential but still holding some IGR , I am looking for return on investment which I think MCB have opportunity because sellers dropping and company in low mcap

[hamhamham1] 01/7/2022 10:00

BH23, you said you sold here a while ago and put it into MCB?

[blackhorse23] 01/7/2022 09:17

I buy when no one buying ? , my most of buying around 50p areas so well up. Same MCB I am collecting now for better time , I believe it will do very well & better returns, yesterday when market down I bought multiple stocks & all doing good today lol

[bwana4] 01/7/2022 08:26

LOL,Blackhrse23 marked your post down Darrin. Sour grapes perhaps.
GLA nice recovery play. I am having a free ride as I bought when it was low and sold my investment and held the free ones.
Ham you bought at the right time. GL to you.
ATB.