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IGR Ig Design Group Plc

229.50
-3.50 (-1.50%)
24 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ig Design Group Plc LSE:IGR London Ordinary Share GB0004526900 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.50 -1.50% 229.50 225.00 234.00 232.50 227.50 232.50 298,843 11:00:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Convrt Paper,paperbd Pds,nec 890.31M -27.99M -0.2829 -8.11 227.04M
Ig Design Group Plc is listed in the Convrt Paper,paperbd Pds sector of the London Stock Exchange with ticker IGR. The last closing price for Ig Design was 233p. Over the last year, Ig Design shares have traded in a share price range of 106.25p to 233.00p.

Ig Design currently has 98,926,000 shares in issue. The market capitalisation of Ig Design is £227.04 million. Ig Design has a price to earnings ratio (PE ratio) of -8.11.

Ig Design Share Discussion Threads

Showing 5026 to 5048 of 5125 messages
Chat Pages: 205  204  203  202  201  200  199  198  197  196  195  194  Older
DateSubjectAuthorDiscuss
01/5/2024
00:35
Cash will be at lower levels at HY
hatfullofsky
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!
hastings
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?
time 2 retire
30/4/2024
20:48
Looking at the broker note and having spoken with the CEO, I'd be very surprised if there was a dividend before the end of full year 2025.What he did say, which I didn't include in my article is that they do not intend to commence a dividend only to then have to reign back. I'm therefore reading that 2025 will see the resumption of dividends as forecast with a confidence to continue that in the subsequent years.
hastings
30/4/2024
20:16
The dividend decision for Y/E 2024 could be interesting. If orders are flat for Y/E 2025, I suspect they might pay a 2.5p to 3p dividend from the better than expected earnings and cash balance . If orders are higher into Y/E 2025, and they are going to need some extra cash to build the higher stock swing needed to service them, then I suspect they might pass a possible Y/E 2024 dividend. It's not often that I hope a business does not return to paying a dividend soon, but I do on this occasion.
aleman
30/4/2024
16:15
Looking set up for a golden cross in a few weeks, too, if the rise sticks?
aleman
30/4/2024
16:12
Not a lot of profit-taking after such a rise. I'd guess they might go little higher after Investors Chronicle write it up again. (They've covered it before.) I can't find anything yet so they might be saving it for the actual results or maybe waiting for a slight pull-back themselves so they'll get more bang for their buck.
aleman
30/4/2024
12:31
Nice update, back to the price it was a year ago.
johnv
30/4/2024
12:25
I remain a holder here, having bought back in the doldrums as a classic deep value purchase when they were being given away at ridiculous discounts to net tangible assets a couple of years ago.


Now it makes sense simply to hold on the basis of the strong likelihood of yet further improvements in trading.

cjohn
30/4/2024
12:22
Write up for interest following my recent catch up with management.https://martinflitton1.wixsite.com/privatepunter/post/igr-on-the-recovery-road-30-04-23
hastings
30/4/2024
11:53
To see CSS turnover:
page 31

hamhamham1
30/4/2024
10:54
If did get to $40m earnings.
Then at 14x that would be double and some from here.
That'll do me.

(And besides, more likely snapped up by other industry Corp or those damn PEs is my guess)

hamhamham1
30/4/2024
10:45
Am not against the sp, just being toned down.
To prove it, I have just bought a load.
About 12k x across 2 trades.

hamhamham1
30/4/2024
10:37
Example: 2019, op profit 25.7m on rev of 588m - margin 4.4%. Gave normalised EPS of 40.1c.

Share price in the £6’s.

Post 2020 - revenues now 800-900m (due to acquisiton.

Trying to get back to 4.5% (and beyond). Note they don’t talk about specific EPS, they are guiding on margins.

Achieving same margins on turnover 50% bigger, will give profits 50% bigger. EPS will be broadly same / slightly bigger (if only 40% increase in shares vs 50% profit.)

So, with EPS same/slightly bigger, and business on same multiple, why not same share price as before?

(I’m not saying I think it will ever go that high, but simply saying larger share count means it won’t, when issued share were for accreditive earnings) is wrong.

eddie1980
30/4/2024
10:28
That’s not what you said though - it was implied the raise was because it was in distress (ass saving) - when exact opposite. Acquiring business using a very high equity value to fund.

On the share price - again you are ignoring the increase in EPS an acquisition brings. If the enlarged entity is value accreditive - enhances EPS, then no reason the share price would decline. More shares but equally more profit, so if valued on same multiple (and acquisition was at lower multiple) it would drive price higher.

I assume you are simply mistaking it for a raise to cover losses, where increased share count would not have brought increased earnings.

eddie1980
30/4/2024
10:03
Prob true.
But there are 40% more shares around nowadays comp to pre 2020, so add 40% to current price to get a comparable to old days IMO.

hamhamham1
30/4/2024
09:44
Um, that is a very cinical view of the placing in Jan 2020. They bought another company for $120m and raised the funds via share placement at above £6.50. Given the share price now, that is an absolute bargain for current / new share holders.

Hardly saving ass.

eddie1980
30/4/2024
08:48
Money moved to GNC
blackhorse23
30/4/2024
08:22
What a fabulous update
😊
Onwards and upwards !

masurenguy
30/4/2024
08:15
Huge cash balance, PBT of $50m/£40m two years away, and market cap is about £140m after the rise.

Edit - I can't keep up. £150m.

aleman
30/4/2024
08:04
up 20% despite no change to 2025 profit forecasts.

Better cash but now some new legal claim to deal with that there is hardly any detail on....

seems a bit of a intraday bubble

dan_the_epic
30/4/2024
07:59
se81, cheers thanks, hopefully the share price will start re-rating today.
tonytyke2
30/4/2024
07:58
yes TP 325p
se81
Chat Pages: 205  204  203  202  201  200  199  198  197  196  195  194  Older

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