Ig Share Discussion Threads

[anresu] 05/8/2011 10:18

A "skip header" button would improve this board greatly

[spob] 04/8/2011 15:00

volatility good for igg

but then the market starts to worry about margin call defaults

cant win sometimes

lol

[spob] 20/7/2011 23:13

Mixed year for IG Group
Created:19 July 2011Written by:John Hughman

Investors Chronicle

A detailed trading update in June meant there were few surprises in IG Group's results, but a surprisingly positive report on current trading meant the shares began to recover some of the ground lost over the past six months.

The spread betting group said that revenues in the first few weeks of the current financial year were up despite substantially lower levels of market volatility. But with the European sovereign debt crisis still far from resolved, volatility is rising once again, which is good news for IG. Last year saw significant increases in levels of client activity in months where the Vix volatility index spiked, particularly in March 2011 which was a record month for the group, reflecting the impact of the Japanese tsunami.

Generally lower volatility also meant lower average revenues per customer last year, offset by an 11.3 per cent increase in active customers, who also increased cash balances by 29.8 per cent. However, rising volatility increases the likelihood of that cash being deployed, which should drive higher revenue growth this year.

Broker Numis Securities expects current year underlying EPS of 35.4p (from 32.6p last year).


IG GROUP HOLDINGS (IGG)

ORD PRICE: 428p MARKET VALUE: £1.55bn
TOUCH: 427-428p 12-MONTH HIGH: 409p LOW: 560p
DIVIDEND YIELD: 4.7% PE RATIO: na
NET ASSET VALUE: 105p* NET CASH: £125m



Year to 31 May Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2007 122 69 14.7 8.5
2008 184 97 20.6 12.0
2009 257 111 22.4 15.0
2010 299 140 28.2 18.5
2011 320 7 -7.1 20.0
% change +7 -95 - +8
Ex-div: 7 Sep

Payment: 11 Oct

*Includes intangible assets of £117.2m, or 32p a share



Guide to the terms used in IC results tables.

More analysis of company results


--------------------------------------------------------------------------------

IC VIEW:
GoodValueIG's share price has fallen steadily over the past year, after hefty write-offs in its Japanese business, which depressed reported profits and EPS in our table, and concerns about a soft trading environment. But the underlying business is strong and, on a forward PE ratio of 12, the shares are good value.

Last IC view: Good value, 440p, 10 June 2011

[spob] 06/7/2011 17:37

I do get an extra buz trading this share through another broker, whilst at the same time fleecing them through my IG account.

I guess i'm a bit twisted.

[spob] 06/7/2011 17:36

Well there's no-one posting on any of the other old IG threads, toot toot

[gbb483] 06/7/2011 17:30

Or maybe little interest in all the toot in the header.

[spob] 06/7/2011 12:47

FY11 Preliminary Results
Year ending 31 May 2011

19 July 2011

[spob] 06/7/2011 12:47

quiet thread this

very little interest in IG Group

[nellie1973] 11/6/2011 04:14

Broker upgrade target 510p

[spob] 09/6/2011 09:33

err, correction no you can't trade IGG with IGG

but CMC quite happy to take my orders :)

[stuart14] 20/4/2011 11:31

Can you not trade IGG on IG's own platform?

[nellie1973] 07/3/2011 15:43

Another upgrade target 530p

[nellie1973] 25/2/2011 13:40

Another broker upgrade

[spob] 25/2/2011 09:07

this is why

[spob] 25/2/2011 09:00

Come on IG sort it out

I want to fleece some more funds off you

[1nf3rn0] 25/2/2011 08:41

What happened to the news column too that used to display a little newpaper symbol when rns's were released? That's often the way I first hear of news releases for a lot of the stocks i follow.

[1nf3rn0] 25/2/2011 08:39

mine screwed too, can hardly trade anything on my watchlist.

[spob] 25/2/2011 08:35

IG spread bet platform totally screwed this am

or is it just mine ?

[nellie1973] 22/2/2011 16:17

Another Broker upgrade

[nellie1973] 03/2/2011 13:42

broker upgrade

[grosvenor] 18/1/2011 15:30

Anyone know why these have lost 7% today? as 4win said results look OK so why such a big drop?
EDIT
see that while I posted this all my questions have been answered - thank you

[4wingrove] 18/1/2011 08:49

The results looked Ok this drop has triggered my stop loss swines

[jon827] 18/1/2011 08:18

market hates it, im not having a good week so far