Ig Design Share Discussion Threads

[justiceforthemany] 21/2/2022 16:38

About time Fineman left. No time for reward for failure. Founder has clearly sacked him.

[netcurtains] 21/2/2022 15:51

MACD buy:

Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. ... A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals.

[grantley] 21/2/2022 13:46

Any views on Paul Fineman going? The impression was that issues were mainly post covid related to shipping costs and delays so short term but this is a longer term decision. He seems to have done well over the years taking the share price up 20 fold to £8.00 at one stage but the Chairman Stuart Galliland and UK/International CEO Lance Burn both seem to have good experience.

[km18] 18/2/2022 18:12

...from last year...

IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware. The Company's geographic segments include UK and Asia; Europe; USA, and Australia. The Company sells its products in over 150,000 stores across approximately 80 countries. It also offers a portfolio of licensed and customer bespoke products suitable for sale through multi-channel distribution.

The Company's products include crackers, pens and pencils, stickers, single cards and gift wrap. The Company offers its products under the brands A Star, B Stationery, Papercraft and Pepperpot. Its subsidiaries include Artwrap Pty Ltd, International Greetings UK Ltd, International Greetings USA, Inc, International Greetings Asia Ltd, The Huizhou Gift International Greetings Company Limited, Hoomark BV, Anchor International BV and Hoomark S.p.z.o.o. Current market cap is around £505m....

...from WealthOracleAM

[value hound] 18/2/2022 13:34

>5% stake for TM Tellworth UK Smaller Companies Fund. Their website says: "Investing in UK listed/UK registered companies only, with a typical market cap range between £100-500m, the strategy has no style or sector bias and crucially is capacity constrained."

[time 2 retire] 16/2/2022 14:39

When are we going to get some information on this pi## poor share? Been literally 10s of millions of shares traded since last report yet only one RNS! IGR get your act together.

[blackhorse23] 14/2/2022 10:48

400p by this summer

[blackhorse23] 10/2/2022 09:10

Best stock to buy at LSE

[netcurtains] 09/2/2022 22:08

Simply Wall St say IGR is 87.3% undervalued:



They think fair value is about £8.50p a share.

[darrin1471] 09/2/2022 21:55

I'm still sitting on the side watching.
IGR looks undervalued but I have a few concerns which may lead to a lower entry point.

PF share sales understandable considering how long he had held them. I would like to see him reinvest some of the proceeds in order to show a commitment to get through the next few years. Failure to do so may show a lack of belief or commitment.

FD GW leaving for unknown reasons after selling £1m shares at £6. GW is the lead on M&A and the CSS purchase. IGR paid a premium for CSS but the CSS share price had been in decline for several years.

Gideon Schlessinger, Americas CEO for 7 years leaving after a trading update which said a review of the priorities and plans in the US was needed is a worry. It leaves an obvious space for some more bad news in the next update.

It makes sense that IGR saw an opportunity to combine CSS products with IGR design skills to produce a significantly increased range of products for IGR customers.
It is understandable that current international transport issues resulted in additional costs that could not be passed on in contracts that had already been agreed.
Claiming excellent customer service should keep turnover positive, although it may take a couple of years to recover the margins back from the retailers who will also be trying to keep price rises to a minimum.
Depressed IGR share price will make M&A less attractive and unaffordable unless IGR take on debt.
IGR long term incentive scheme for senior management is worthless as minimum targets are now unachievable.
Debt and finance should not be an issue as it has been improving for the last decade up until recent events. Debt and growth worries held back the IGR share price for 7 years from 2008.

[netcurtains] 09/2/2022 14:41

Is the Valentine Card market big for IGR?
I guess it is.

[netcurtains] 09/2/2022 11:35

App still says RSI: BUY and "good" fundamentals (if include intangible assets).

[wall street trader] 09/2/2022 09:44

think the value is finally sinking in here - once the board review cost savings and report this will fly

[netcurtains] 08/2/2022 09:30

If you do a join between RSI "buy" signals and GOOD fundamentals I get a list of ZERO
.
If I tweak my list for "good fundamentals" so it also includes "intangible" assets I get just ONE company

#IGR (Aim-listed).
Fundamentals obviously are historic so be careful.

But IGR is the biggest outlier in the entire UK stockmarket (as far as I can see)

[netcurtains] 08/2/2022 07:53

NY Boy: Not necessariliy. It might just be oversold (look at the RSI).
I think we can say no dividend for a while but the rest is tea leaf stuff.
Polar Capital LLP might have been a forced seller?

[ny boy] 08/2/2022 01:59

Presumably the markets are starting to price in a large cash call?

I will put these on my 2022 watch list

[blackhorse23] 08/2/2022 00:28

Best stock to buy at LSE

[time 2 retire] 07/2/2022 15:56

Gideon Schlessinger been given the push in states, Lance Burns taking over imminently. Good guy, hope he sorts the US mess out.

[wall street trader] 04/2/2022 14:17

was hoping for a more significant move up today suspect there will be fun and games but it will recover shortly am sure

[blackhorse23] 04/2/2022 13:43

Institutions buying this shares which is good ??

[netcurtains] 04/2/2022 12:21

HTG: Fracking is in posh peoples areas so its not going to happen. However if they develop WEST OF SHETLAND (eg #HUR) they will get the gas.

Its either save the planet or save our wallets.

[haroldthegreat] 04/2/2022 11:07

Consider the effect of increased electricity prices across the board . In the States where they have cheaper electricity prices because of fracking the input cost will be less than elsewhere . Until we allow fracking here we will be dependent on Russian gas which PutIn can reduce at will