Ig Design Share Discussion Threads

[paulypilot] 03/9/2016 20:11

Hi ali47fish,

Just to clarify - I like IGR a lot, and have held shares in it for over a year, and will continue to hold. It's a good company, which is clearly on a roll, and hence should continue to be a good investment over the next few years. The key to me seems clued-up management, who are just executing very well.

However, on valuation, I reckon the price is probably now up with events at 255p, for the time being. It's on a forward PER of nearly 17 - personally I think that's probably high enough for now.

It's usually a good thing if share prices consolidate after a big rise, rather than going exponential - as they can then crash back down if that happens, making for an uncomfortable ride.

Personally I won't be buying any more at the current level. But if it fell back to say 200p-ish, then yes, would definitely top up. However, I doubt it will fall back to 200p, as the newsflow has been too good for that.

So overall, am a very happy long term holder here.

Regards, Paul.

[tattooed93] 03/9/2016 17:09

chart is looking like early stage FOUR (4imprint) which went from £2 to £16 in 3 and a bit years

[ali47fish] 03/9/2016 16:55

except that sw have managed to buy at 220 p with the price having gone up quite a bit and paul scott says this one needs a pause - hoping maybe to buy on a dip!

[time 2 retire] 03/9/2016 08:26

Thanks nw99, are SCSW readers encouraged to follow their portfolio positions?

[nw99] 03/9/2016 06:16

Sharewatch added 4,000 shares to the model portfolio in today's new release.

[bruceylegs] 02/9/2016 16:44

Price has now broken the top of the rising channel.

[time 2 retire] 02/9/2016 16:20

I agree PS, I can remember this being £4.87 on a turnover of just £195 million-we should be touching £300 million turnover in the next few years so the sky's the limit.
Good luck mate, we've waited a long time for this reward.

[psolomons] 02/9/2016 16:10

Yes but in the new era t2r. I remember it well over £4 in the past. In my view its a much stronger and robust company now. Diverse, international customer base on solid foundations with lowering debt,higher profits and paying dividends. This re rating is fully justified and its rather nice that long term holders have held on to enjoy the ride.

[time 2 retire] 02/9/2016 15:32

A new milestone for IGR-£2.50 just touched

[bruceylegs] 31/8/2016 14:12

That's the resistance at 241 taken out, let's see if it can stay there until the market closes.

[time 2 retire] 30/8/2016 15:08

Latest from Stockopedia...

hxxp://www.stockopedia.com/content/small-cap-value-report-30-aug-2016-bms-igr-pres-sat-148431/

[daz] 30/8/2016 09:14

I think it's too early for upgrades, they would have guided by using different language; ahead rather in line with expectations etc. But this is a company which regularly exceeds year end forecasts, so the update certainly prepares the ground for that.

[nw99] 30/8/2016 08:43

Sounds like all going well wouldn't be surprised to see upgrades going forward

[psolomons] 30/8/2016 08:34

Very solid indeed. Nothing in a straight line but it underpins the share price

[jeff h] 30/8/2016 08:14

Yes lots of positives in the update.

Can see forecasts being raised if they maintain this progress.

[time 2 retire] 30/8/2016 07:32

Well i cant see anything wrong with that Trading Update.

Onwards and upwards for IGR.

[betelgeuse1] 26/8/2016 21:27

Let's be greedy 320p after the next US deal, think fine man looking at 15 different deals

[blueliner] 25/8/2016 11:55

Have accumulated some decent gains through profit taking/trading on the way up incl this morning.
Still have good exposure for me that is comfortable and good faith in management to deliver more in future, however long it takes.

[jeff h] 25/8/2016 11:41

Duplicate post

[jeff h] 25/8/2016 11:32

Still think there's more to come from this company.

I think the USA trading will be very strong both in terms of revenue and the positive effect of the exchange rate.

[betelgeuse1] 25/8/2016 10:19

Hopeful that Q1 statement will be tomorrow and this will be up 20p

[nw99] 25/8/2016 09:44

In the light of the Lang deal, brokers have upgraded next year's forecast to £14.8m pretax profit (eps of 16p) but for the moment left this year's forecast at £12.3m (eps 14p) because Lang's peak season this year is already done and there have already been two small upgrades this year. But Lang is clearly a steal on just 4x operating profit before factoring US$2m synergies (which I will describe below) so it looks extraordinarily good value.

[psolomons] 25/8/2016 09:34

Glad to know you still hold some Daz. In my view the rating might look high but this is about whats to come as I expect the update to show. Contract wins, efficiencies and debt reduction together with dividends being paid makes the rating look cheap. Having said that there is nothing wrong with taking a profit and I did a few months ago.