The noise coming from this company lately is deafening!!!
We should be getting profit/loss guidance soon as we're only a few weeks away from financial year end.
This company is run by total amateurs who don't give a toss... |
I've taken a speculative pop on the profit warning
could this be tipped in st's bargain shares for 2025? |
Dropping below 50p |
Yeah mate that’s right, obviously a buy out, what’s it like on your sad little desperate fantasy world full of rainbows and bunnies -
time 2 retire - 04 Feb 2025 - 18:10:54 - 1677 of 1686
FIL LIMITED added another near 2.5 million shares....
Now have over 14% of the company, are they looking to buy out? |
Bc23.
You know how investing works, yeah?
It's not about the size of company turn over but the profit margins these turn overs give.
IGR have been restructuring the business over last couple of years along with exiting unprofitable markets and even countries (China).
Agreed though that the few bad apples that US has thrown up is a setback but no doubt the company will continue to address this. |
Will drop below 40p ? Group is losing £100 million a year revenues , 2 years £200 million gone |
Thanks for this as I have looked and cannot find any new broker note. As FIL LMITED keep adding I will hold and wait and see but am expected an upwards movement when they are finished buying. |
Blackhorse23 can you attach link to this latest broker note |
Brokers downgraded IGR today |
FIL LIMITED added another near 2.5 million shares....
Now have over 14% of the company, are they looking to buy out? |
Agreed S25,
management have been shocking here since Paul Fineman jumped ship. I'm hoping all the bad news is already out there, a few director buys at this price would give me a bit more confidence going forward. |
 Yeah time 2 retire, this is what I have been watching with the buyer in size. So it was Fidelity who added just over 2% of the shares in issue as at the 24th January. Since then just over a million exchanged at these price points last Thursday.
Now we are seeing blocks of:
2.2m @ 61.19p
1.56m @ 61.55p
So someone is still happy to pick these blocks up and the sellers are happy to exchange here, so it is a stalemate. The only thing about Fidelity adding (that might be a tad bullish) is that they will have spoken to management and maybe got a steer. Not that management carry much trust now.
Unsure if it is Fidelity adding more here or someone else. Ordinarily this goes screaming north on a fraction of this type of demand, but the situation is so different.
It is akin to a car that has slid onto the other side of the road...
We just don't know if management can grab the wheel and bring it back onto the right side in time.
That balance sheet is the only reason I had a go and the only reason this buyer or buyers are willing to step in at these price points. This falls substantially more with a less positive or even a mildly negative balance sheet imo. Easy to fall into rescue financing when statements like this, where they have lost control and can't even provide forecasts.
I thought it might have trickled a little higher with this demand on the back of the balance sheet. I have come out of my position now as the window to trade short term in is closing.
We can have an easy 6 week window between news in most situations, but because this is so bad, it could be a narrower window to the next news point.
I don't know if it gaps up or down on the next bit of news, but I had a go and I'm interested enough to see if they can bring the car back onto the right side of the road, on the back of that balance sheet.
So does that balance sheet hold with minimal write-downs and time to recover the situation or is it even worse than the market is pricing i.e. continued big losses and substantial write-downs that loosen the protection.
The directors don't like to buy do they.
How about some bullish signals to the market from them.
So a waiting game.
Gap up or down on the next material news release?
These big players are making their moves.
Let's see.
All imo
DYOR |
Some nice big buys after hours, someone is adding. |
China closed. Factories in the USA and I think Mexico but may help in the USA as may make them more competitive versus Chinese and Mexico product?
Maybe one to write in and ask. |
Is the trade wars going to affect igr ? |
Not bothering to analyse this when you can buy card at the current price, but they owned loads before and they clearly didn't do their sums, so it wouldn't mean anything to me. DYOR |
Just for you Bh23.
IGRs RNS.
IG Design just unveiled an announcement.
FIL Limited has increased its stake in IG Design Group PLC to a total of 12.1101%, as indicated by a recent notification to the company. This change in holdings reflects FIL Limited’s growing influence within the company, potentially impacting shareholder dynamics and signaling confidence in IG Design Group’s market positioning and future prospects.
They added over 2 million shares. |
You really couldn't mage this shyte up ... * Here is some sane and adult advice ..., hopefully, they will become adults but they are a long way from that and still in nappies at the moment. ....and should really only play with pocket money size * |
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