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IGR Ig Design Group Plc

156.00
-1.50 (-0.95%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ig Design Group Plc LSE:IGR London Ordinary Share GB0004526900 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.50 -0.95% 156.00 268,050 14:49:34
Bid Price Offer Price High Price Low Price Open Price
155.00 157.00 157.50 156.00 157.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Convrt Paper,paperbd Pds,nec USD 890.31M USD -27.99M USD -0.2829 -5.51 154.32M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:06 O 20,790 156.60 GBX

Ig Design (IGR) Latest News

Ig Design (IGR) Discussions and Chat

Ig Design (IGR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-05-03 16:28:06156.6020,79032,557.14O
2024-05-03 16:27:09156.6725,00039,167.50O
2024-05-03 15:27:17156.1415,00023,420.70O
2024-05-03 15:27:17157.4710,00015,747.00O
2024-05-03 15:24:39156.1415,00023,420.70O

Ig Design (IGR) Top Chat Posts

Top Posts
Posted at 04/5/2024 09:20 by Ig Design Daily Update
Ig Design Group Plc is listed in the Convrt Paper,paperbd Pds,nec sector of the London Stock Exchange with ticker IGR. The last closing price for Ig Design was 157.50p.
Ig Design currently has 98,926,000 shares in issue. The market capitalisation of Ig Design is £154,324,560.
Ig Design has a price to earnings ratio (PE ratio) of -5.51.
This morning IGR shares opened at 157.50p
Posted at 01/5/2024 07:00 by hamhamham1
Fag packet figures (rough amounts, not exact)...
Jan 2020 - approx 70m shares at 700p in issue, market cap approx £500m. With last annual adj profit before tax of £30.3m.
Feb 2020 - approx 28m extra shares issued at just under 700p (total £120m). In order to buy CSS Inustries in the USA, adding approx 50% to group revenue.
April 2024 - approx 100m shares at 160p in issue, market cap approx £160m. With expected adj profits before tax of £20m ($25.2m).
May 2024 and rest of year - using the near 17x earnings to market cap ration of 2020, maybe soon at 350p - £340m market cap.(this figure is fully justified already today IMO).
2025 onwards... with profits returning towards 2020 levels, maybe back to 500p share price - £500m market cap (old company size), or maybe 620p share price - £620m market cap (inc CSS expansion)??????
Posted at 30/4/2024 10:37 by eddie1980
Example: 2019, op profit 25.7m on rev of 588m - margin 4.4%. Gave normalised EPS of 40.1c.

Share price in the £6’s.

Post 2020 - revenues now 800-900m (due to acquisiton.

Trying to get back to 4.5% (and beyond). Note they don’t talk about specific EPS, they are guiding on margins.

Achieving same margins on turnover 50% bigger, will give profits 50% bigger. EPS will be broadly same / slightly bigger (if only 40% increase in shares vs 50% profit.)

So, with EPS same/slightly bigger, and business on same multiple, why not same share price as before?

(I’m not saying I think it will ever go that high, but simply saying larger share count means it won’t, when issued share were for accreditive earnings) is wrong.
Posted at 30/4/2024 10:28 by eddie1980
That’s not what you said though - it was implied the raise was because it was in distress (ass saving) - when exact opposite. Acquiring business using a very high equity value to fund.

On the share price - again you are ignoring the increase in EPS an acquisition brings. If the enlarged entity is value accreditive - enhances EPS, then no reason the share price would decline. More shares but equally more profit, so if valued on same multiple (and acquisition was at lower multiple) it would drive price higher.

I assume you are simply mistaking it for a raise to cover losses, where increased share count would not have brought increased earnings.
Posted at 30/4/2024 09:44 by eddie1980
Um, that is a very cinical view of the placing in Jan 2020. They bought another company for $120m and raised the funds via share placement at above £6.50. Given the share price now, that is an absolute bargain for current / new share holders.

Hardly saving ass.
Posted at 29/4/2024 11:00 by aleman
Two brokers.
Average target 255p.
EPS consensus 2024 7.1p, 2025 16.8p, 2026 22.3p.
Div consensus 2024 0.0p, 2025 5.4p, 2026 8.0p.

These should move nicely if the update confirms everything is on track. It's priced like it's not making any money rather than generating good earnings and expected to pay a healthy dividend soon. If numbers turn out good - particularly debt - there could be a small dividend surprise this year. A third of earnings would be around 2p. I'm not expecting it but would definitely not rule it out. I think the market is a little nervous about the impact that the Middle East might be having, though, so equally there could be a little bad news in there. The share price seems to be erring towards that, perhaps too cautiously?
Posted at 08/12/2023 15:27 by time 2 retire
5 small-cap stocks Fools think will soar in the next bull market....

IG Design
What it does: the company designs and makes celebration, stationary, creative play, gifting and not-for-resale consumable products.

By Kevin Godbold. IG Design’s (LSE:IGR) business is sensitive to general economic shocks and earnings collapsed along with the share price in the trading years to March 2022 and 2023. But economic times could be on the mend for consumers. And City analysts predict a massive earnings rebound ahead.

Estimates I’ve seen anticipate a return to pre-Covid profits as early as the next trading year to March 2025. Meanwhile, the share price languishes around 148p as I write compared to a peak above 760p pre-pandemic.

Meanwhile, the valuation looks undemanding with a forward-looking earnings multiple of just under five when set against expectations. And in October, the company issued an encouraging trading statement.
Posted at 28/11/2023 10:53 by aleman
We should get another good write-up in the IC. This was published only 6 days ago, with comment on Canaccord numbers after the October update, so it should soon draw another comment with revised numbers tweaked or not.



IG Design rallied in response to a half-year update. It confirmed that it had achieved “significant growth in profit and margins for the six months ended 30 September”. It added that “net debt was significantly lower than a year ago, reflecting strong cash flow”. “Both measures were notably ahead of management’s expectations for the period.” Canaccord Genuity issued a note that valued the company at 12.4 times earnings the current year ending March 2024. More importantly, it expects it to recommence paying a dividend in the following year to March 2025. Even after the rally in the share price, that leaves the stock at 150.5p, on a March 2025 price/earnings (PE) ratio of 5.9 times and a dividend yield of 6.4 per cent. Management is doing an excellent job of restoring the business to profitability. The jump in the share price suggests expectations were at rock bottom. I don’t think it is the only stock in my portfolio where some good news will spark a sharp recovery in the share price.
Posted at 20/6/2023 08:35 by darrin1471
I don't think anything said on this thread will significantly effect the IGR share price so my negative outlook is not a short play but a genuine worry that the short term outlook is poor.
I have not read the results in full yet, but only taken a quick look.
US consumer sentiment is falling and so are advanced orders. UK orders are down. What are the reasons for this? Competition or trying to push margins to high?
Posted at 02/2/2023 14:53 by darrin1471
t2r Patience.
Fall has been on low volume.
Always felt the IGR share price was "managed" down and up.
May be an opportunity to top up ahead of results. Happy with my exposure and profits so not adding.
Posted at 26/1/2023 15:51 by darrin1471
A year to the day since the TU that saw IGR share price fall 58% on the day.
Despite resent strength share price needs to rise 50% to get to that pre TU price.
Ig Design share price data is direct from the London Stock Exchange

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