Ig Design Share Discussion Threads

[rivaldo] 02/5/2018 09:55

Wrong thread old chap. I'd stick with IGR :o))

[rubberbullets] 01/5/2018 11:40

Not too cheap tho been buying LUCE

LUCE forecasts

2018 PBT £14.0m (from £16.0m), EPS 7.0p, DPS 0.8p / 2019 £16.5m (from £20.0m), EPS 8.2p, DPS 1.3p.
PE of 15 on eps of 8.2p suggest price of 120p+

[rivaldo] 01/5/2018 09:56

More new highs. Berenberg recently reiterated their 500p target, so still some way to go.

[rivaldo] 23/4/2018 14:03

New research from Progressive Equity Research FYI:



The share price is at new highs, and should continue to steadily advance imo.

[rivaldo] 19/4/2018 07:41

New article is positive on IGR - though their P/E is incorrect. With 23.6p EPS forecast for this year going forward, the P/E is only 17.6:



"IG Design (LSE: IGR) has been one of the most lucrative growth stocks for investors over the past five years.

Since April 2013, shares in the company have produced a total return of more than 800% excluding dividends. Including dividends, over the past five years, the stock has returned 60.4% per annum for investors.

Over the past 10 years, IG has added 26% per annum, enough to turn an initial investment of £1,000 into £11,500 or £100,000 into £1.2m. I believe that this performance is set to continue as the company builds on its past successes.

Indeed, City analysts have forecast earnings per share growth of 38% for 2018, followed by an increase of 9% for 2019. According to a trading update published by the company today, it looks as if IG is well on track to hit these targets.

Management notes current figures indicate trading for the fiscal year to 31 March will be in line with expectations thanks to a robust performance from all regions. What is even more impressive is the fact that the company expects to achieve this growth despite “record levels of capital expenditure invested” during the year. Capital spending, coupled with the acquisition of Biscay Greetings in Australia, should help the group continue to expand its global sales volumes across the world.

The update also states “net cash ended the year positive” after property sales, organic cash generation and capital spending. Even though the company expects to end the year with a clean balance sheet, average leverage during the year is projected to have been below 1.5 times earnings before interest tax depreciation and amortisation (down from 2.3 times last year).

So overall, IG’s business continues to grow rapidly, and management is complementing organic growth with acquisitions, funded by cash generated from operations. To me, this indicates that the company still has plenty of potential. With this being the case, the stock’s valuation of 21.5 times forward earnings does not look to be too demanding."

[pen8] 18/4/2018 09:58

Really encouraging update .. excellent
Will be fine and just keep rising .. excellent

[rivaldo] 18/4/2018 08:35

LOL :o)) Typical Pugugly negative comment! This is one of the quietest threads on ADVFN for a start.

Probably just short-term traders buying in on the trading statement run-up. Or perhaps given the all-time highs some profit-taking could be expected. Or perhaps we'll see the share price bounce back to the highs later.

[pugugly] 18/4/2018 08:12

Sell on the news - Odd reaction - Could IGR have been over hyped ?

[tomps2] 18/4/2018 07:34

Investor presentation by Paul Fineman (CEO) & Giles Willits (CFO)



Introduction by Gareth Evans, Progressive Equity Research – 00:20

Video intro to IGR – 01:58

What IGR does – Paul Fineman – 05:30
Key facts – 07:55
Diversity of the business – 09:28
Who IGR sell to – 11:35
What underpins IGR performance? – 13:25
Barriers to entry – 16:55
Achievements in 2017 – 17:35
A new initiative for 2018 – 21:05
Acquisition of Biscay Greetings – 21:50

Financials – Giles Willits – 22:37
IGR future promises – 30:03

Paul Fineman
The challenges – 31:07
Why invest in IGR? – 35:05

Q&A – 37:20

[rivaldo] 18/4/2018 07:28

A terrific year end trading update this morning. It just reads so well all the way through - I can barely see any negatives at all:



"Commenting on the year's performance, Paul Fineman, Group CEO, said:

"We are delighted with our performance in FY18 and that we have such positive momentum across all areas of our Group.

It is particularly pleasing to have achieved significant bottom line growth whilst also investing in the Group. This achievement is testament to the global nature of our business and the extent to which we have diversified and de-risked the Group.

We look forward to continuing to build the business both organically and by compelling M&A."

[rivaldo] 17/4/2018 14:47

Looks like new highs today (just!).

This brief update from Progressive Equities hasn't been posted here yet:

[pen8] 13/4/2018 14:38

Yeah you are right should go north of 4.40 next week . Glad also that Superdry bounced after I bought this morning. Good for 10-20%

[time 2 retire] 13/4/2018 11:24

Looking very good here with next weeks year end trading statement to come plus the progressive equity research event on Monday evening, £4.50+ soon me thinks...

[pen8] 12/4/2018 19:04

I am buying Superdry tomorrow as like igr last week seems too cheap , at 13x 2018/19 earnings. Only moved down with profits solidly up 20% for a few years . I guess retailers out of favour but too cheap and will bounce up over next few days I expect .. dyor pen

[pen8] 11/4/2018 20:48

Yes last weeks buys were well timed
I still think another 20% in this
I also think ccfs challenger bank looks too cheap this weeek at under £3.. like Igr last week just seems slightly below market value

[foxman14] 11/4/2018 14:42

420p on the bid. That is 50p increase since Monday morning. Lovely jubbly!

[time 2 retire] 10/4/2018 13:40

What a difference a couple of days make, strange to see an 8p spread here though.
Lets hope we can keep this blue run going for the rest of this week and we may see new highs soon with Mondays Progressive Equity Research event going on plus next weeks year end update scheduled...

GLA

[rivaldo] 09/4/2018 14:25

Good recovery today. The drop did feel pretty artificial/temporary on low volumes given the numbers and prospects.

[pen8] 07/4/2018 12:50

Yes bought another 12k shares on thurs fri as my target is 4.80-£5. Jan update was excellent and this team don’t seem to just fire out inaccurate releases. Should be good for 30%.I really don’t see the reason for weakness and guess this is a quick low point. Let’s see but I think a good team and company. Dyor pen

[gswredland] 06/4/2018 17:46

Yes very weak after a really good update on January 16.
Looking to get back in here

[time 2 retire] 06/4/2018 15:09

It's obvious to me that mm's are happy to drop this price on very little activity, probably got a few insiders or institutions lined up ready to get in on the cheap! Bloody crooks.

[nocton] 05/4/2018 08:11

Just end of tax year profit taking? Lots of shares that have done well or vice versa are sold at this time.

[gswredland] 04/4/2018 12:21

Well trading update in January was good
Just some weakness?

[pnetol] 03/4/2018 11:22

More likely that there was no trading update today me wonders?

[pugugly] 03/4/2018 11:21

Market reaction seems to say not happy with price received for the property.