Ig Design Share Discussion Threads

[gswredland] 07/11/2018 16:50

Come on IGR you can break that 600 barrier!

[rivaldo] 05/11/2018 12:22

Spot on bbd :o))

A short but sweet note from SCSW, concluding "Keep on buy list" after the H1 update.

For the record, Cenkos' recent note after the trading update hasn't been noted here. They forecast 25.9p EPS this year rising to 31.4p EPS next year (with 7.6p and 10p dividends).

They summarise:

"IG Design has announced a trading update for H1/19E, guiding to performance being in-line with strong market expectations. The group is expected to deliver record H1 revenues, with all regions contributing to the growth performance. Highlights for the period include numerous strategic actions by management, with the acquisition of Impact Innovations in the US being significant in transforming the group’s growth profile.

Management guides to good visibility in the order book, with strong momentum going into H2/19E. IG Design’s fundamentals remain fully intact, and given the recent retracement in share price along with the broader market, we assess the current price levels (FY20E EV/Adj EBITDA of c7.8x) to be a great buying opportunity for investors. Buy."

[bigbigdave] 02/11/2018 08:09

SCSW might have something to say tomorrow, fingers xxd.

[time 2 retire] 02/11/2018 08:05

Lots of buying lately but not much happening with the price! Could fly again soon and I'm hoping for a nice little mark up before results in a few weeks time.
GLA

[yews2fooked] 19/10/2018 09:41

Assuming an upgrade is coming,then if 35p pe, min £7 by Xmas!

[jeff h] 16/10/2018 12:35

Progressive Equity Research give their take though forecasts unchanged for now, though you get the impression that after next months Interims they may move up.

Ahead of a more detailed update next month, IG Design Group have issued a trading statement covering the six months to 30 September. The Group announced a positive performance across all geographies and business segments with advances in both revenue growth and margin expansion. There is good forward visibility in the order book and the Group expects the strong performance in H1 to be carried forward into the remainder of 2019E. The recently acquired Impact Innovations is also performing well, with integration already having begun and progressing in line with targets. Management expects all regions to achieve year on year revenue and margin growth for the full year. We have left our forecasts for 2019E and 2020E unchanged, although there is potential upside from earlier than expected delivery of acquisition synergies at Impact.

[rivaldo] 16/10/2018 07:24

Terrific update - especially the increase in margins. The summary says it all:

"We are delighted with a very strong performance during the first half of the year and with good forward visibility of our order book we have strong momentum going into the second half of the year. We look forward to a full year of record revenues and profits.

We are especially encouraged with the strong performance of Impact and have 'hit the ground running' with progress already made to deliver operational and commercial synergies."

[time 2 retire] 16/10/2018 07:15

The mind boggles why all the loses over the last week after reading that update! Lets hope we get that quid back in just as quick a time! Hats off to IGR in issuing this RNS now to stem the bleed-rerating due

[santangello] 16/10/2018 07:06

If Carling did a Trading Update.....a stunning read first thing in the morning.

[ihatemms] 15/10/2018 08:13

Can anybody explain the drop? Some news out there which I'm not aware of?

[rubberbullets] 12/10/2018 11:25

big bounce coming when us opens

[time 2 retire] 11/10/2018 09:50

Definitely Sig, we're not even on the fallers top 50 list in the AIM all share. Just a little blip or a buying opportunity depending on how you see it. GL

[sig1978] 11/10/2018 09:24

Whats going on with share price today?! Purely related to dow do you think?

[rubberbullets] 10/10/2018 11:15

Looks like its going over 600p soon

[gswredland] 08/10/2018 16:24

Yes thanks Rivaldo- you always Post useful stuff

[time 2 retire] 08/10/2018 15:35

Many thanks rivaldo, onwards we match.

[rivaldo] 08/10/2018 10:35

T2R, in the last issue SCSW suggested the share price would go to 800p. This weekend's article concentrates mainly on the new Impact acquisition, and concludes that operating margins could rise to "well over 10% on successful execution" - which is "big bucks".

It's unfair to subscribers to paste the entire article, which is VERY long! Give it at least a couple of weeks.....

[nw99] 08/10/2018 07:21

Looks good

[valustar1] 06/10/2018 16:36

Not comfortable doing that

[time 2 retire] 06/10/2018 14:04

Thanks valustar1, any chance you could paste story please if copyright allows or highlights if not. Many thanks

[valustar1] 06/10/2018 13:55

Main write up in share watch out today. Very positive comments. They are a buyer

[gswredland] 05/10/2018 16:29

Yep looks good

[mobtheplod] 05/10/2018 14:47

Nice tick up today, especially on a down market day.

[davr0s] 03/10/2018 06:33

Normal price retrace imo. Prices rarely go up or down in a straight line