Ig Design Share Discussion Threads

[time 2 retire] 23/6/2015 07:47

A very pleasing read i agree Lord G.

[lord gnome] 23/6/2015 07:21

What a super set of numbers.You just couldn't wish for anything stronger or more-positive. It must have given Fineman tremendous pleasure to sign off that announcement.

Historic PE now just 11.4. Gearing down. Divi restored. Double digit growth to come. Even if it is just confirmation of what we already knew, the market is going to like this - I hope!

[cfro] 22/6/2015 18:05

Set your alarm clocks early for the morning folks. :-)

[psolomons] 22/6/2015 10:33

Full price being paid. Tomorrows results will be very interesting.

[jeff h] 18/6/2015 17:03

Company now got results date 23/6 (per my post 1917) and AGM 16/9 on their website:-

[interceptor2] 16/6/2015 16:32

Agree cfro, it's the outlook statement and the potential next year that excites me, the consensus EPS for 2016 is only 11.80, watch the brokers increase this as visibility becomes clearer.

With a powerful combination of increased revenue, increased margins and reduced net debt, I think the brokers will need to catch up quickly imo.

[cfro] 16/6/2015 16:22

The emphasis, for me, wont be too much on this set of results, but the outlook statement and next years results will be far more important.

[time 2 retire] 16/6/2015 15:56

This time next week cfro hopefully we'll be rubbing our hands with glee....

I'm surprised some holders are selling just a week ahead of known good results and with a divi cheque almost in the post...

[cfro] 16/6/2015 15:29

Added again today.

Not long til results.

[interceptor2] 10/6/2015 08:28

Thankyou Jeff H, have made note in diary.

Good timing with your purchase Saucepan and likewise with CCT yesterday :o)

[cfro] 09/6/2015 14:09

Dip didn't last long here. Over 130p again now.

[psolomons] 09/6/2015 12:18

Good to know, thanks Jeff.

[jeff h] 09/6/2015 10:54

The company tell me full year results out 23rd June.

[psolomons] 09/6/2015 10:51

Full offer being paid. Plenty of strength here.

[saucepan] 09/6/2015 09:44

I added just now, on the hunch that the next upleg is showing signs of developing. I could not buy online, so I presume stock is scarce.

[lord gnome] 05/6/2015 07:34

I'll try another dummy trade today if I get time, t2r.

[time 2 retire] 04/6/2015 16:21

All good points guys and i like you, expect these to take off again soon.

Still only small trades going through-are these still hard to come by in any large quantity? Has anyone tried any dummy buys lately because it would be interesting to see what the mm's are offering!

[cfro] 04/6/2015 13:33

Yes indeed,

just biding my time here currently with the dip, but will be looking to add further when funds allow.

[interceptor2] 04/6/2015 10:20

I also have a 200p target price by year end, but a higher target in mind after full year results are reported in 2016. The reason that I feel excited by prospects here is because I can see three powerful factors coming together at the same time.

First will be a return to revenue growth, business is in a strong sector with the licences to use of disney films like Frozen on their children's stationary products. This is an exciting growth area worldwide.

Efficiencies are benefitting the group now, which I believe will be reflected in margin improvement. After much investment and hard work revamping their main sites in Wales and Netherlands.

Another thing that will improve margins is the continuing debt reduction and reduced interest payments each year. Should see a major drop in debt once the sales of the old Hirwaun site is agreed.

Increased revenue and margins are a very strong combination imo.

[lord gnome] 04/6/2015 08:39

The pull back hasn't shaken out many holders. These continue to be tightly held. I expect another run in the lead up to results and hopefully afterwards if the numbers invite favourable press comment. I'm not so sure about takeover talk. What will drive the share price for the next twelve months is the outlook statement, news of the land sale, level of gearing and dividend expectations. There is a lot to play for here and a target of £2 by results time next year would not be out of order.

[psolomons] 04/6/2015 08:08

It's inevitable and healthy profit taking after an excellent run. I tell myself nothing goes straight up and ask which general direction are the shares headed. My view is that they are definitely rising. I have tried to 'trade' the shares and rarely get it right so generally I hold until my target is reached. These,in my view, are on their way to £2 in the short term. That factors in the improving balance sheet,lower debt and restarting dividends. I'm sure the next set of numbers will show the progress igr are making.
Surely a take over target too.

[time 2 retire] 03/6/2015 15:00

Lots of little sells going through lately with no buyers-i hope Gervais soon hurries back from his hols and starts moping up the slack again!

[cfro] 29/5/2015 16:21

Yes, there is a lot to believe that this is only the start of a much bigger rise.

After all, management have only really just started to grab the bull by the horns, sort out the mistakes of the past, fix them and put the company back onto a sound growth footing.

I personally remain a buyer of shares despite the strong rise and despite the fact that i already now own quite a few myself.

[interceptor2] 29/5/2015 16:12

Great chart Saucepan, which I believe shows these are still early days. I only started buying in here on the release of the latest trading update in April, but have no intention of taking profits any time soon.

American investor William O'Neal believes that a stock that increases off a base by 20% within 8 weeks, is one to hold onto for much larger gains. I believe this is the case here imo.