Ig Design Share Discussion Threads

[hawaly] 11/1/2018 12:00

"Looks like some traders exiting today from those who pushed the price up pre-results. I often wonder how many of these people ever make any money, or at least enough to warrant the risks they're taking before every such RNS? A debate for another day...."

This price action might go so way to explaining the above behaviour by some traders...

Perhaps the 200 MA will provide some support.

[panic investor] 11/1/2018 11:58

Starting to wonder about this update ?

[time 2 retire] 10/1/2018 14:10

I'm not thinking much of this new CFO-hurry up and release our Xmas trading statement!!!

[panic investor] 04/1/2018 12:34

They were last year Rivaldo

[ihatemms] 04/1/2018 11:39

Should get Q3 TU update anytime now - hopefully tomorrow.

[rivaldo] 19/12/2017 11:36

Very encouraging to see him buy around £175,000 of stock at around 405p on average. He must like what he sees!

Anyone watch Inside The Factory on BBC2 this week - were IGR featured at all? Don't think so from the summary:

[edale] 18/12/2017 17:11

Recently appointed IG Design Group PLC Chief Financial Officer Giles Willits purchased 43,573 ordinary shares in a series of transactions.

Nice vote of confidence from the new CFO.

[panic investor] 15/12/2017 16:10

I can only see IGR getting stronger - there are so many days for this days for that - for gods sake is Christmas jumper day today !It's all bonkers but that's the way things are going

[time 2 retire] 15/12/2017 15:47

I can't comment on Halloween ref as that was in the States over a dozen years ago but this is here and now, Fineman's already said it was up and running on budget and on time with a full order book and I know its in production 24/7 from January so all bodes well IMO but time will tell I suppose.
GLA

[refillmore] 15/12/2017 14:27

He seems to be making a lot of nonsense excuses for going into a completely new line of business. When I worked there they tried that with the purchase of Halloween Express and it was a dismal failure. I don’t see this as good news at all.

[jeff h] 15/12/2017 11:37

Thanks t2r a good read.

[time 2 retire] 15/12/2017 06:59

A new line of business for IG Wales...

£1m investment shows manufacturing is alive and well in South Wales Valleys

A £1 million investment in new machinery from Christmas wrapping manufacturer The Design Group will see up to ten new jobs created as it continues to diversify its product offering.

In addition to its traditional sector of festive wrapping and crackers, which it sells in volume to the big retailers, the company can now manufacture high-end paper twist bags at its base on the Penallta Industrial Estate near Ystrad Mynach.

The purchase and installation of the machine, which was brought over from Japan, is a result of a unique partnership with Cardiff-based firm CCS McLays, which supplies a wide-range of retailers with bespoke retail packaging supplies and goods not for resale.

The concept is to harness The Design Group’s innovative printing methods, usually used on high-end wrapping paper with laminated holographic and metallic elements, and create unique paper twist handle bags for retailers.

Lance Burn, Managing Director of The Design Group, said: “From our point of view, the benefit of the relationship is that we have very strong direct-to-customer relationships, but traditionally with the high-volume retailers because our core offering is gift packaging celebration product.

“CCS McLays does a similar turnkey service offering for all goods not for resale (GNFR) but into high street fashion brands as well as other areas, such as single-source solutions.

“They are complimentary skills, but slightly different markets. We are fundamentally about fashion on paper and we’ve built up the competencies to be best-in-class in printing and all of the various finishes.

“The logic was how can we take those capabilities into a channel where we don’t have that expertise. We get access to a channel that we have no knowledge of and no representation in and we can sell volume. It works for CCS McLays because they have a professional well-invested and unique product capability and domestic supply.

“The Design Group can already manufacture premium hand-made bags at our factory in Huizhou and this investment complements our manufacturing capabilities in China. Combined they offer a turnkey service for all common formats of bags.”

The firms have been working together for the last two years and an opportunity was spotted to further that relationship with the sourcing of the new paper bag machine.

Ian Hall, CEO of CCS McLays, which is based at Cardiff International Business Park, said: “We started talking about the impact of the 5p bag tax on the UK market and the change from polythene consumption to a more environmentally-friendly product. Most of the forward-thinking retailers are moving towards using paper.

“There is also a lack of capacity in the world to produce this type of product and we talked about the fact it’s a product that has historically come from Eastern Europe or the near East, with very few UK suppliers.

“We saw there was an opportunity with The Design Group as a local supplier and the two companies are already very closely aligned.

“Speed to the market, unique printing methods and quality guaranteed made South Wales a natural choice.”

hxxp://www.caerphillyobserver.co.uk/news/967005/1m-investment-shows-manufacturing-is-alive-and-well-in-south-wales-valleys/

[panic investor] 12/12/2017 20:26

Never seen a deal like that before !

[ihatemms] 12/12/2017 15:47

Great to see the prospective CFO also take 50,000 shares @4.03. All bodes for the expected TU in early January 18.

[ihatemms] 04/12/2017 11:54

A massive 64k shares (£250k) buy.

[rivaldo] 30/11/2017 14:45

Yep, great to see an NED buying £30,000 of shares - and a maiden purchase too.

[time 2 retire] 29/11/2017 16:01

Its good to see directors buying shares, keeps the confidence up.

[montynj] 29/11/2017 09:06

Chart and fundamentals indicate this share price going to new highs

[nw99] 29/11/2017 08:34

You could yesterday it's all about timing

[panic investor] 29/11/2017 08:26

Really irritates me that you can't buy this stock in any quantity not even 10k worth

[nw99] 29/11/2017 08:01

Yes a very timely announcement

[rivaldo] 29/11/2017 07:38

Good portent for the coming year from the Mail article:

"The company also expects to benefit from sales linked to the Royal Wedding of Prince Harry and Meghan Markle next spring."