Ig Design Share Discussion Threads

[blackhorse23] 21/5/2024 08:54

Switched to GNC

[hastings] 21/5/2024 06:24

Quite an increase that.

[s34icknote] 21/5/2024 06:07

Follow the money !

[masurenguy] 21/5/2024 06:05

Fidelity have virtually doubled their holding from 5.1% to 10.0% !

[s34icknote] 20/5/2024 08:16

Thanks allSo around 19 p sterling . About ten times earnings with a bundle of spare cash !

[johnrxx99] 20/5/2024 01:34

Sharescope has 23.83c, consensus.

[hastings] 18/5/2024 06:29

Forecast from Canaccord is for adj EPS of 23c for the full year ending 2025.

[dan_the_epic] 18/5/2024 05:13

seasonality, second half less revenue and heavily loss making because of that

last year pbt was minus 18m in h2, 2022 was -21m in h2

[s34icknote] 18/5/2024 05:08

24.4 c earning at half year point .Assume 24.4 in second half , but more waited ? Xmas ? That's. 48.8 min That's divided by dollar ? Min 40 p eps ?? Am I missing something ? What's the forecast eps ?

[hamhamham1] 17/5/2024 11:04

Five quid sound about right for this IMO.

[deanowls] 17/5/2024 07:41

Never trust an analyst that thinks it’s risen 7.3% or 6p @176p, this is what happens when daddy gets you a job.

[time 2 retire] 17/5/2024 07:33

IG Design recovery plan not priced in, says Liberum
Gift wrap and Christmas cracker designer and manufacturer IG Design (IGR) is entering the next stage of its recovery, says Liberum.

Analyst Wayne Brown retained his ‘buy’ recommendation and target price of 345p on the stock, which this week has risen 7.3%, or 6p, at 176p.

‘As the group enters its next stage of recovery, we see the return of growth accompanied by continued margin expansion,’ he said.

‘The plan leverages the group’s key strengths while minimising the inefficiencies inherited from the old strategy.’

The recovery plan is two years in and the next three years ‘should see the business leverage its market-leading scale and share’, with return on capital employed growing as profit builds. Shareholders could also be in for a surprise as cash is already ahead of expectations and the surplus may be returned, said Brown.

‘Even though the shares have performed well recently, we still see 100% upside as the shares are not discounting any future value creation beyond full-year 2024 in the current equity value,’ he said.

[s34icknote] 17/5/2024 07:09

I think the key to the valuation is taking the cash out if the equation , then it is really cheap !

[wad collector] 16/5/2024 15:50

Great to see it poking its head back over £2. Shame I paid a fiver for them!

[lord gnome] 16/5/2024 15:50

That would be nice.

[aishah] 16/5/2024 15:01

@marketgem
#IGR IG Design Rated New Buy at Liberum; PT 345 pence

[deanowls] 16/5/2024 14:35

Take the cash out and it’s better than that.

[aishah] 16/5/2024 13:31

Indeed 200p+ trades now, but still cheap imo at fcst p/e of 10.4 and a peg of 0.2 wih a psr of 0.29 at mkt cap of only £185m! Not far off 52wk high.

[hastings] 16/5/2024 12:59

Another nice leg up!

[lord gnome] 15/5/2024 19:09

Or follow the link in 1362.

[lord gnome] 15/5/2024 19:06

Deanowls - read post 1359.

[deanowls] 15/5/2024 17:25

Can anyone copy and paste as I can’t open the link?

[johnrxx99] 15/5/2024 15:41

wow, didn't think that would cause such a uptick

[s34icknote] 15/5/2024 15:24

Just when you thought it was going to drift lower !!!!!!!