Ig Share Discussion Threads

[runwaypaul] 10/12/2016 10:10

have you ever looked at EK's calls in the past?

follow what he says at your peril.

complete pot luck punting.

[deanroberthunt] 10/12/2016 09:58

EK said in a note on Master Investor the other day that the sector was uninvestable...now he's long IGG at 495p....

[nigelpm] 10/12/2016 08:53

Would also be a great opportunity for CMC and IG to merge.

[t 34] 10/12/2016 03:49

Private Equity

[invisage] 09/12/2016 23:40

Who would IG be a suitable fit for in a bid ?

[investment dave] 09/12/2016 22:27

Be over £6 by Christmas

[blueball] 09/12/2016 22:27

Fall to 200p by xmas.

[mondaytuesday] 09/12/2016 22:26

Crazy how hard this fell.

Now which price to buy?

When yield > 7%?

[investment dave] 09/12/2016 22:18

This will rocket next week

[nigelpm] 09/12/2016 20:24

Absolutely crazy value now - as with CMCX

[blueball] 09/12/2016 19:48

stay short.

[orinocor] 09/12/2016 18:59

borador

I agree its hard to see the logic in the current price. A PE of 16 for a company whose business rests on the whim of a regulator's pen is indeed hard to justify.

BTW They have £220M cash last I looked and they do require a certain amount of capital in the balance sheet due to regulatory requirements. For example they can't distribute this to shareholders as a special divi.

[mitreatrading] 09/12/2016 16:45

Yesterday after closing a transaction of over £3mil was made, today it happened again.
Any ideas ?

[rimmy2000] 09/12/2016 16:27

I keep buying more. Two more tranches today.

[bolador] 09/12/2016 16:04

Sparky333.

If IG has GBP500m in cash that is one pound thirty six pence per share.
So the business is valued at approximately three pounds thirty pence ps.
A pe of eleven on today's roughly revised estimates ex cash.

It is hard to see the logic of the current share price on the basis of some considered regulatory tightening. But the worst is probably discounted despite the threat being just for discussion right now. Presumably IG has plans for it's own defence.

The forty per cent cut story has its basis, I believe, in what happened in Japan over several years after spread betting was regulated over there, strictly dyor on this one.

[weemonkey] 09/12/2016 16:00

there is nothing to see here.

This is sentiment trade as there is literally nothing to go on

it is all a guess

[sparky333] 09/12/2016 15:09

Orin if you believe broker targets and estimated EPS based on nothing concrete at present you should not be investing.Far to early to make any assumptions and 450p haircut based on speculation with no debt and £500m in cash is just ridiculous especially when the more dubious companies have faired far better.The investing world is insane

[frew34] 09/12/2016 15:06

will there be changes to margins? yep.. IG is still a buy. Will be interesting if we see some directors dealing. And quite outrageous I have to say for the couple of directors selling before the bad news hit...

[deanroberthunt] 09/12/2016 15:00

a CONSULTATION paper, which doesn't even require a response till March 2017....

[deanroberthunt] 09/12/2016 14:56

consultation paper.
answer is in the words.

[deanroberthunt] 09/12/2016 14:52

sp has lost 52% since Sept.

[deanroberthunt] 09/12/2016 14:44

well that's citigroups target hit, so what do they do now?

[luckymouse] 09/12/2016 13:56

Yes - sentiment - sharp drops on regulatory interference are sentiment plays - IG board may have seen this coming ages ago - hence the moves into other areas such as stock broking - and limited liability accounts (not a new concept & not a bad idea) already proposed - so the share price effect may be exaggerated beyond reality. The regulator is right that SB firms move all the risk of big moves onto an 80% novice client base which is questionable morally.
Sharp drops on regulatory interference also create furious debate lol
ATB LM :)

[deanroberthunt] 09/12/2016 13:54

per of 12 based on what you muggle!