Ig Design Share Discussion Threads

[blackhorse23] 10/6/2022 16:44

Strong close today , next week between 100p - 150p

[stevethefish1] 10/6/2022 16:31

I’m out too at 76p. Good luck to those with more nerve and hope imminent results are good for you.

[firestorm911] 10/6/2022 16:18

Stampede in the close?

We had a good run. Sold my last lot.

May come back if I get 55p.

Happy Friday

[blackhorse23] 10/6/2022 15:58

Clair from JP Morgan who has joined to IGR recently & purchased IGR stocks , always bring new investors

[blackhorse23] 10/6/2022 15:54

Revenue growth 15-20% each year & continue growth forecast ? couple more institutional investment comes it will be back to around 300p shares

[bwana4] 10/6/2022 15:38

Well guys' I too have banked my profits in IGR today. I just thought I will help BH3 to top up again and also collect his so called 10P dividend!!
When there is writing in black and white saying no DIVIDEND until the lenders give permission to start paying a dividend !!
Thank you to the informed posters for their posts.
GLA and ATB.

[boom boom bang bang] 10/6/2022 15:25

SIMEC Atlantis Energy Limited SAE confirms amendment to Debenture Deed
10/06/2022 3:12pm
UK Regulatory (RNS & others)

Simec Atlantis Energy (LSE:SAE)
Intraday Stock Chart

Friday 10 June 2022

Click Here for more Simec Atlantis Energy Charts.
TIDMSAE

RNS Number : 5248O

SIMEC Atlantis Energy Limited

10 June 2022

RNS

10 June 2022

SIMEC ATLANTIS ENERGY LIMITED

("SAE", the "Company" and, together with its subsidiaries, the "Group")

SAE confirms amendment to Debenture Deed

Following the update on the 25 May 2022, SAE is pleased to confirm that Atlantis Ocean Energy debenture holders have approved the amendment to the debenture deed which will:

-- Extend the Maturity Date from 30 June 2022 to 30 June 2023
-- Allow the interest due on 30 June 2022 to be paid late but no later than 30 September 2022
-- Apply additional interest due to the amount that is being paid late at a rate equivalent to Barclays PLC published base rate +3% per year.

In the same update, the Company noted that it would also be requesting a deferral of interest due on 30 June 2022 in relation to Atlantis Future Energy debentures which mature on 23 March 2023 (GBP4.97m) and 30 September 2024 (GBP3.79m)

[blackhorse23] 10/6/2022 15:02

Next week 100p

[blackhorse23] 10/6/2022 14:34

Above 80p close today

[snowy20] 10/6/2022 14:22

Blackhorse .read your post on GDR board .Did your read comments of uk Gov on new AIHL test .My opinion shoot up in value strong chance at GDR .Taking a peek here.

[arthur_lame_stocks] 10/6/2022 14:15

I took my profits today at a tad over 76p. A recovery is not imminent and I think the shares will fall back again with the results which are not going to be great.

Like you I'll look to buy back in at around 60p.

[fegger] 10/6/2022 14:14

Yes lets hope exotic. Want to buy some more at that range

[exotic matter] 10/6/2022 14:12

I am waiting for profit taking to enter. This has risen 50%.

Looking for 55p-60p.

[blackhorse23] 10/6/2022 13:39

2019 revenue was £700 million, 2021 revenue £961 million, company expecting 2022 revenue will go up by 15% to 1100 millions

[blackhorse23] 10/6/2022 13:23

revenue actually up & continuing up , this year up by average 15% , if you look at company financial , easy to find out .. profit is different issues, it's depends how companies view & submit their accounts, if company invest somewhere of course profit not showing up, IGR recently bought new company in USA which is profitable as well

[darrin1471] 10/6/2022 13:08

But revenue and profits are not growing as predicted when they were 800p

[blackhorse23] 10/6/2022 12:55

Early 2020 , IGR was 800p shares since then revenues up by 100s of millions by share price down to 76p now , revenue continues growing , it should stay & hold above 500p

[peteret] 10/6/2022 12:19

Blue in a sea of red.Lovely

[blackhorse23] 10/6/2022 12:08

Bought more today , 500p shares at 75p , it's a bargain ,close will be around 80p , 200p by next month

[kulvinder] 10/6/2022 11:48

Thanks guys for your input, I think for now I will watch it from the sidelines and do a bit more research on this. Cheers have s good one.

[darrin1471] 10/6/2022 11:47

1% chance of 500p in 2022
200p by mid 2023 would be excellent result

[blackhorse23] 10/6/2022 11:41

Could see share price around to 500p at 2022 , like to like sales up by average 15% to billion , JP Morgan price prediction 519p at 2022 for IGR

[darrin1471] 10/6/2022 11:37

Kulvinder.
Post 412 "problems arose due to components stuck in US west coast ports. IGR had to pay a premium to get them out of the port and a staff overtime premium to get them combined to get them out to stores. IGR said they overspent to keep their customers happy." Wiped out profits.
500p was based on growth strategy. Organic and bolt on. IGR bought CSS. CEO and FD sold shares and have subsequently left.
Bolt on acquisitions now unlikely due to low value of stock and changes in working capital requirements. Organic growth still possible subject to macro economy.
No longer the same growth story. Now a recovery stock. Led to change of investor profile.
Increased costs will take a few years to pass onto customers. Cost of working capital requirements will come from any profits.
Review of US business including CSS may result in write downs.
Margins and dividend going to take a couple of years to recover.

[blackhorse23] 10/6/2022 09:42

Company banking facilities have been extended until 2024 which is excellent news , another round hike will be coming once accounts have been published, sales up at all revenue by 12% to 20% which is very good news