Ig Design Share Discussion Threads

[time 2 retire] 15/9/2017 15:37

There's nothing fundamentally wrong here, just a few moving their money elsewhere which happens from time to time-the same cliff edge fall happened last autumn too when price peaked at £3.08 but was soon back down in the £2.20's! We'll soon bounce back and move on IMO because this company is going from strength to strength.
GLA

[psolomons] 15/9/2017 09:56

Bit of serious profit taking, that's all.

[petes5] 15/9/2017 09:47

Any idea as to the large fall. My stops were taken out this morning at 15% setting. However a number of stops have been executed recently, looks to me like a big adjustment is on the way. Time to switch to ETFs.

[time 2 retire] 15/9/2017 07:59

Amid all this carnage a bit of good news...

Drumsticks and refreshers inspire stationery.
In a deal brokered by Blonde Sheep Licensing, items including binders, pens and pencils will launch in spring 2018.

Blonde Sheep Licensing has teamed up with stationery firm, IG Design Group, and confectionery specialists, Swizzels Matlow Limited, for a line of new items.

Following the agreement, IG Design Group will design and distribute a stationery range featuring brands from Swizzels, including Love Hearts, Drumsticks, Refreshers, Parma Violets, Rainbow Drops and Fizzers.

“IG Design Group is the perfect stationery partner for Swizzels,” said Natasha Dyson, MD at Blonde Sheep Licensing.

“Not only do they have a wealth of experience, but they are also seeing success at retail with other food brands across both stationery and food gifting. Their immediate enthusiasm for the Swizzels portfolio of sweets was very refreshing.”

Stationery items will span backpacks, ring binders, stickers, pens, pencil cases and more, which will make their way to retail in spring 2018.

Helen Webster, licensing director of IG Design Group, added: “These brands are hugely loved by UK consumers of all ages and we look forward to a very sweet partnership with Swizzels.”

hxxp://www.licensing.biz/news/read/drumsticks-and-refreshers-inspire-stationery/046539

[refillmore] 15/9/2017 03:36

parvex They did not go ex dividend yesterday but they did have a dividend payout last week.

[foxman14] 14/9/2017 22:35

Probably down to the recent strength in sterling which will have a negative effect on non-sterling earnings. c65% of IGR revenues are non-UK.
Or could be US and other foreign investors bailing out due to strength in sterling.
Sterling is c10% up from its low last year. The share price is currently 15% off the recent high.
Time for a top up?!

[hatfullofsky] 14/9/2017 18:45

Any ideas why the sustained fall ?

[martynporter79] 14/9/2017 07:52

No they never. That was august.

[parvez] 14/9/2017 07:49

Anyone know if They went ex dividend yesterday??

[andygibb101] 29/8/2017 20:54

Great update, amazing share (boring and doing the job) and long may it continue, keep the cash flow positive like last update and we will all be ahead.

[jeff h] 29/8/2017 17:53

Upgrades?...by the +ve tone of the trading update must be very good chance.

[time 2 retire] 29/8/2017 13:19

From The Motley Fool...

"2 small-cap under-the-radar growth stocks with brilliant potential"

Small-cap with big potential
IG Design(LSE: IGR), formerly International Greetings plc is another small-cap with big potential. It flies under the radar of most investors because it's a relatively boring business that sells gift packaging and greetings cards, amongst other items, in over 150,000 stores around the world. This business, while boring compared to high growth tech firms, is lucrative. Pre-tax profits have jumped 220% since 2014. For the year ending 31 March 2017, earnings per share rose 25%.
Going forward, City analysts expect IG's rapid growth to continue. Analysts have pencilled in earnings per share growth of 11% for the financial year ending 31 March 2018, followed by growth of 11% for 2019. According to the first quarter trading update, the group is firmly on track to hit these targets having made a strong start to the year.
Unfortunately, thanks to the company's historical growth rate, shares in IG are not cheap. The shares currently trade at a forward earnings multiple of 18.9. Still, considering the group's past performance, I believe that this is a price worth paying.
The company is highly cash generative and was able to reduce net debt from £17.5m last year, to a net cash position of £3m at the end of fiscal 2017. Based on these figures, I wouldn't be surprised if management decides to start returning more cash to investors via special dividends going forward. The shares currently yield 1.4%.
Overall, based on IG's steady growth, cash rich balance sheet and dividend potential, I believe that the company has brilliant potential.

hxxps://www.aol.co.uk/money/2017/08/29/2-small-cap-under-the-radar-growth-stocks-with-brilliant-potenti/

[jeff h] 29/8/2017 13:08

Edison update:-

[interceptor2] 29/8/2017 09:49

Pleased with the trading update which was inline yet perhaps more bullish at this time of year than previous Q1 statements. I said in post 2602 that the last two years had seen inline QI trading updates followed by successive statements becoming more bullish as the year progresses culminating with an ahead update in March or April.

In fact the last three years has seen this pattern and I see no reason why this financial year will not be the same outcome.

[davebowler] 29/8/2017 08:50

Cenkos;

IG Design Group has issued a Q1/18 update, indicating that trading is in line with expectations – we thereby reinforce our 2018/9E guidance. The Group continues to benefit from a well-diversified product range and broad geographic spread. With a cohort of blue chip customers and an unconstrained balance sheet, we take the opportunity to reiterate our assertion that the Group is well placed to capitalise on its dominant market positioning and thereby deliver further shareholder upside with respect to both organic and acquisitive growth opportunities. BUY.
n Trading update. Whilst no new financial data is available we understand that the Group’s order book currently stands at record levels, with continued strong sales momentum experienced in both Continental Europe and the Americas. As at 2017A, we identified the performance of not-for-sale consumables as a key revenue driver in both 2018E and 2019E; we understand that the Group is fully on schedule in this regard with initial shipments expected H2/18 - in line with our expectations.
n Buy recommendation. 2017A was a year of exceptional progress for the Group, reaping the benefits from investment in both its UK and European operations and the successful development of its US business. As alluded to above, momentum in in Q1/18 has continued to be strong; coupled with an estimated £12.5m FCF in 2018, we consider IGR well placed to continue to deliver further organic and acquisitive growth as well as a progressive dividend policy (reducing cover from 4x to c2.5x in the medium term). BUY.

[cfro] 29/8/2017 08:11

Despite only being 'inline' todays statement was rather upbeat and confident. The US division looks to be going strong.

[time 2 retire] 29/8/2017 07:51

Another excellent trading update, momentum still very strong here...

[interceptor2] 22/8/2017 10:03

Looking back at the last two years their is likely to be trading update before the end of August sometime next week. Last two years were 26 August 2015 and 30 August 2016.

The company are normally cautious when releasing the first trading update of the new financial year with successive update becoming more bullish as the year progresses, so an in line statement would be welcome, however the statement accompanying June results was particularly upbeat so the next update might be more upbeat than normal?

[time 2 retire] 22/8/2017 09:03

I wonder if trading update imminent...

[nobilis] 22/8/2017 08:50

Heading to 400p

[time 2 retire] 14/8/2017 14:02

I know there's nowt wrong here ps but its so frustrating when the price is held back with the "buys" flying in yet drops like a stone when a bit of "selling" takes place but hey ho.
Will soon reach new highs i predict and i don't mind waiting as have already been in with this share for 10 years.

[ihatemms] 14/8/2017 13:19

News due very soon - 31 Aug 2017 - 2.5 weeks from now

[psolomons] 14/8/2017 13:10

As you know t2r, nothing goes up in a straight line. The share has had a stellar year and profit taking from time to time is expected. News isn't scheduled for a few weeks so MMs sometimes move the price down to find a market. Nothing to worry about here.
PS i'm not a professional !

[time 2 retire] 09/8/2017 13:53

A strange chart this week, loads of buys coming in but mm's reluctant to move price up other than in small amounts very slowly but soon as a sell or two comes in price is dropped back down!
Can any of my pro investors on here tell me why this happens,is it because they have a big buy/sell that they have to honour and clear at this price maybe before moving on?
Cheers

[jeff h] 06/8/2017 18:17

Thanks t2r..no doubt an opening flurry of buys tomorrow am.