Ig Design Share Discussion Threads

[hamhamham1] 29/6/2022 07:06

Blackhorse, nice news on MCB for you today, I posted it on the board.
IGR went up 40% quickly after banking covenant extended here, so sim maybe there?
(But shorter term extension so maybe 20p target?)

[bigbigdave] 29/6/2022 07:05

Directors buying, nice vote of confidence.

[time 2 retire] 29/6/2022 07:05

Excellent to see 5 directors buying yesterday, installs more confidence in us IGR holders...

[hamhamham1] 29/6/2022 07:00

Boringly, I don't smoke cigars, or cigarettes
And limited it lite beers :(
Wonder what STX will say today or tom, squeaky bum time. But long term holder there.
Hopefully CPI will be good today.

[bwana4] 28/6/2022 19:04

Ham you did well buying these shares before the results. You were not too sure how the market was going to react. We have had good news today at AAZ today. Just waiting for the RNS to confirm it.
You can sit back with a drink and a cigar now. You deserve it. I don't think you will see much of Blackhorse now. LOL he was going around the THG thread marking posts down this morning !! I just don't understand some of these PI's.
Have a good evening.
ATB.

[hamhamham1] 28/6/2022 16:35

Where's that cigar? ;)

[hamhamham1] 28/6/2022 16:34

Close above 80.20p, the recent day closing high earlier this month, hopefully that has turned from at resistance to a support level :)

[hamhamham1] 28/6/2022 16:32

Pretty well bang on 20% gain, excellent day.
IMO floor put under this, now steady climb back to a few quid a share.

[wall street trader] 28/6/2022 15:37

Tory's have had to borrow to keep the country afloat - normally Labour inherit a thriving economy and balanced books - not this time - Boris needs to step down for the good of all but doubt his ego will let him

[hamhamham1] 28/6/2022 15:10

Nice run up today on CPI into update tomorrow.

[hamhamham1] 28/6/2022 15:09

I am aware of it, am just saying they will repeat it again.
Always the same, labour win, they overspend, they lose, Tories win, they cut spending, they win again, then lose, etc.
Unusally this time, Tories actually did the spending, so not sure where labour can go??? Even more spending looks likely.

[justiceforthemany] 28/6/2022 15:08

Price to Sales just 0.1
NAV ~ 300p

[wigwammer] 28/6/2022 14:39

The "prudent brown" WAS Labour!

[hamhamham1] 28/6/2022 14:03

Wait till the next Labour gov, if they get in or share, spend, spend, spend will be the order of the day.
And how we gonna pay for that?

[wigwammer] 28/6/2022 13:34

"So as Gordon Brown would say "Prudence" is the order of the day."... please take a look at the level of government spending under prudent Brown. Along with the other clown - Mervyn King - they played key roles in creating the leveraged mess our economy has become. Hundreds of billions of QE debt now sat on the Bank of England balance sheet, now ballooning again with covid (but I'm sure they'll try to rewrite history such that butter wouldn't melt in their mouths).

[hamhamham1] 28/6/2022 13:16

Not saying he practiced what he preached, just he liked saying it during budget day :)

[wall street trader] 28/6/2022 13:06

Gordon Brown ? Prudence ? PMSL

[nemesis6] 28/6/2022 13:02

was that before or after he gave gold away and shafted all the pensions. The tories are worse though

[hamhamham1] 28/6/2022 12:52

It would be irresponsible to pay a divi currently anyway the City would likely take a dim view of wasting money that way currently.
So as Gordon Brown would say "Prudence" is the order of the day.

[darrin1471] 28/6/2022 12:46

Dividend suspension well forewarned.

No nasty surprises in the presentation and there was nothing to complicated. Put a little more meat on the bone. Hope to re-watch if available as lots of information which needs accurate quoting.

[blackhorse23] 28/6/2022 12:34

Up 22 percentage today

[hamhamham1] 28/6/2022 12:32

If the share price was 800p, 700p, 600p, 500p, 400p, 300p or even 200p, maybe, but it's only 84p so more than priced in and they tackling the issues and recovery hopefully in place, time will tell.

[delspirido] 28/6/2022 12:28

Surely this should be going down on bad news they've stopped the dividend !?!?

[hamhamham1] 28/6/2022 12:15

Gamblers not investors, if you are not prepared to hold a share for 10yrs, dont hold it for 10mins some bright spark once said.

[hamhamham1] 28/6/2022 12:14

Yeah, then he bought MCB in the 20s, now it's 16p, hence the bitterness