Ig Design Share Discussion Threads

[grantley] 15/5/2024 08:00

Tipped as a buy in The Times this morning.....

[hastings] 09/5/2024 11:23

Don't forget Europe, CEO believes that given the fragmented nature of that market, it's ripe for growth and it's an area they are now concentrated on.

[deanowls] 09/5/2024 04:26

About 20 million ebitda I reckon. Cash fluctuates across the year but they expect to continue in the improvements. The business seems to be a lot cleaner going forward and if they can start growth in the americas all to play for.

[s34icknote] 08/5/2024 22:36

Am I correct in saying 73p per share is cash ? 73 million ?Leaving 100 million market cap What's the full year eps ?

[hamhamham1] 08/5/2024 19:09

300p in a blink of an etye...

[eddie1980] 07/5/2024 16:03

I think was also another SCSW write up this month from a twitter post I thought I saw last week (no 3 of the main ones) - hinted of entity with profit up 40% in current year and at 60% of NBV, which fits IGR.

[time 2 retire] 07/5/2024 15:48

Masurenguy, thank you, he was quite into IGR many years ago and can remember him quite fondly from this discussion board.
Good to read he's back in...

[masurenguy] 07/5/2024 15:13

Aha - thanks saadia110, I knew it had to have been tipped somewhere and CR has many followers.

[saadia110] 07/5/2024 13:09

Was tipped on weekend by CR.

[aishah] 07/5/2024 10:54

To me it looks quite attractive:
12mth rolling - p/e 8.2, peg 0.2, eps growth 90%, p/tb 0.68, psr 0.23 at mkt cap of £151m against £647m in sales.
All Stocko figures. Dyor

[masurenguy] 07/5/2024 09:30

Must have been - you don't usually get a sudden 10% rise in the first 90 minutes without any positive trading announcement or significant news being released. 😊

[smallcapinvestor1] 07/5/2024 08:57

Tipped somewhere anyone???

[hamhamham1] 05/5/2024 13:20

There was the AJBell write up 3 days ago...

[time 2 retire] 04/5/2024 11:04

Any news from SCSW guys?
Tia

[hamhamham1] 03/5/2024 17:57

Stock market going to the moon over next couple of years IMO.
Look for undervalued ones ;)

[aishah] 01/5/2024 08:45

@SCSWSharewatch on X:

#IGR IG Design Group: FY24 results well ahead of expectations – on course to hit operating margin target for FY25. You read it here first in January (major write up)

[aishah] 01/5/2024 07:09

Times article unrestricted view:

[hamhamham1] 01/5/2024 07:00

Fag packet figures (rough amounts, not exact)...
Jan 2020 - approx 70m shares at 700p in issue, market cap approx £500m. With last annual adj profit before tax of £30.3m.
Feb 2020 - approx 28m extra shares issued at just under 700p (total £120m). In order to buy CSS Inustries in the USA, adding approx 50% to group revenue.
April 2024 - approx 100m shares at 160p in issue, market cap approx £160m. With expected adj profits before tax of £20m ($25.2m).
May 2024 and rest of year - using the near 17x earnings to market cap ration of 2020, maybe soon at 350p - £340m market cap.(this figure is fully justified already today IMO).
2025 onwards... with profits returning towards 2020 levels, maybe back to 500p share price - £500m market cap (old company size), or maybe 620p share price - £620m market cap (inc CSS expansion)??????

[hamhamham1] 01/5/2024 06:03

Article in todays The Times business section seems to be very impressed...

"A cracking update from IG design.

Pre-tax profits more than double"

[hatfullofsky] 01/5/2024 00:35

Cash will be at lower levels at HY

[hastings] 30/4/2024 22:00

Purely the impression or my reading of it, after speaking with them. A lot of emphasis on where they want or expect to be by March 2025. Could well be wrong on the interpretation, but no big deal either way for me, given they clearly expect that once commencing the payment, it won't be a flash in the pan!

[time 2 retire] 30/4/2024 21:52

Hastings, can I ask why you say divi at full year 25 and not at the interim stage at half year results?