ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

IGR Ig Design Group Plc

126.50
0.00 (0.00%)
Last Updated: 07:34:30
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 Shares Traded Last Trade
  0.00 0.00% 126.50 19,705 07:34:30
Bid Price Offer Price High Price Low Price Open Price
125.00 128.00 126.50 126.50 126.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Convrt Paper,paperbd Pds,nec USD 801.95M USD 35.63M USD 0.3625 3.49 124.32M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:35:52 O 39 127.625 GBX

Ig Design (IGR) Latest News

Ig Design (IGR) Discussions and Chat

Ig Design (IGR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:35:53127.633949.77O
11:20:55125.00160200.00O
11:20:55128.00468599.04O
10:05:38125.672,9613,720.99O
10:05:36125.672,9613,720.99O

Ig Design (IGR) Top Chat Posts

Top Posts
Posted at 29/10/2024 13:20 by martinmc123
IG Design Group issued a HY update after yesterday’s close confirming the downbeat guidance from last months AGM update. Group revenue has declined 11% in the period, driven by DG Americas, which resulted in a 62% decline in adjusted profit in H1 compared to the prior year period. The bad news was clearly very bad, but it had been flagged up and the share price has actually bounced 7% today. So perhaps some “sell the rumour, buy the fact” going on. But also belief that the worst may now be behind the company. Management reiterated their expectation for profit improvement in H2 due to ongoing business simplification, efficiency and cost-saving initiatives. The business has executed a number of cost saving initiatives during...from WealthOracle

wealthoracle.co.uk/detailed-result-full/IGR/923
Posted at 26/9/2024 16:58 by wad collector
Ah , Blackhorse appearing on a BB when there is a profit warning is as predictable as Xmas.
You claim to have sold your holding this am , and yet , you have forgotten that you had already claimed to have sold earlier this year, yet never claim to have bought any.
Blackhorse23 - 26 Sep 2024 - 10:00:31 - 1484 of 1498 Christmas Crackers (more technical info and new) - IGR
Dodgy trading update
Blackhorse23 - 02 Jul 2024 - 09:23:15 - 1446 of 1498 Christmas Crackers (more technical info and new) - IGR
Switched to RNK [better change to capital gains] 4 brokers issued strong BUY
Blackhorse23 - 21 May 2024 - 09:54:34 - 1391 of 1498 Christmas Crackers (more technical info and new) - IGR
Switched to GNC
Blackhorse23 - 30 Apr 2024 - 08:48:20 - 1317 of 1498 Christmas Crackers (more technical info and new) - IGR
Money moved to GNC

It's much easier to be honest, you don't have to remember your previous fabrications. I only post this just in case there is anyone left on ADVFN who has not come across you before and might believe you.
Posted at 26/9/2024 15:33 by deanowls
They are actually going through on shoring to be less impacted by freight costs.

They will have voted through authority to buy back and I believe they should be doing that whilst the share price is so low. Ex cash what’s the per? 3? Crazy price however if there aren’t management buybacks or company then draw your own conclusions.
Posted at 26/9/2024 10:56 by grantley
Pre pandemic Fineman had taken these to £8 and at one time was made CEO of The Year - then he allegedly got the boot post covid due to a big drop in the share price or profit margins ....but many other companies also experienced a large drop in the share price with high shipping costs etc - I question whether that was the wrong decision but of course not privy to any detail about stuff and he had sold his entire shareholding when still CEO I believe.
Posted at 26/9/2024 08:59 by darrin1471
I bought IGR in 04/22 as it appeared to be a relatively simple turnaround story and sold in 05/23.
I watch now from a distance and not in as much detail as I did.
From a distance, it looked like Paul Bal was pushing up prices and margins at the expense of sales. IGR competes against other companies that design similar things. A customer like Walmart will cut back order volumes when prices look uncompetitive and buy from other sources.
Lower sales reduce working capital requirements and increase cash and reduce the cost of debt. But this is a one-off gain, maybe necessary, but if you want to increase revenue then working capital will have to rise again
Marketscreener has revenue as 784 in 2022
695 in 2023 (-11.3%)
631 in 2024 (-9.25%)
Forecasts for 2025 revenue were 649 (+2.9%) but IGR is now forecasting -5% which would be 600. A shortfall of 50 in this trading update.
Revenue will have fallen 23.5% in 3 years in a period of double-digit inflation
The removal of previous US management was a concern to me and now their replacement has also gone. New US management may find new problems and are unlikely to affect a change in fortunes before FY27
Posted at 01/5/2024 06:00 by hamhamham1
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)??????
Posted at 30/4/2024 09:28 by eddie1980
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.
Posted at 20/6/2023 07:35 by darrin1471
I don't think anything said on this thread will significantly effect the IGR share price so my negative outlook is not a short play but a genuine worry that the short term outlook is poor.
I have not read the results in full yet, but only taken a quick look.
US consumer sentiment is falling and so are advanced orders. UK orders are down. What are the reasons for this? Competition or trying to push margins to high?
Posted at 02/2/2023 14:53 by darrin1471
t2r Patience.
Fall has been on low volume.
Always felt the IGR share price was "managed" down and up.
May be an opportunity to top up ahead of results. Happy with my exposure and profits so not adding.
Posted at 26/1/2023 15:51 by darrin1471
A year to the day since the TU that saw IGR share price fall 58% on the day.
Despite resent strength share price needs to rise 50% to get to that pre TU price.
Ig Design share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock