Ig Share Discussion Threads

[thepunter] 06/1/2017 09:54

Strong move today, it has broken some resistance levels at 512p and 523p (first fibonacci hurdle, the 23.6% of the move from 788p). The 38.2% sits around 575p and is the next target - this was a supt/resist level in 2013/14 too. This could be 600p by the time results are out and the dividends are paid.

[raffles the gentleman thug] 06/1/2017 09:34

Yep remove the 6% and you back to a paltry 487 share price

[mister md] 06/1/2017 09:21

With 6% dividend as added bonus

[raffles the gentleman thug] 06/1/2017 09:19

ELEVEN trading days left to results and end of closed period

[langy_1] 06/1/2017 09:10

I'll be quite happy with consistent .5-1% daily rises to be honest...as long as it's rising! :)

[woodhawk] 06/1/2017 09:02

No point in rushing, when you can fill your boots at these sort of levels - the patient will profit most here.

[tsmith2] 06/1/2017 09:01

Short unwind? Definitely think it's going to snap a lot higher

[mister md] 06/1/2017 08:55

Its certainly a very slow recovery but a recovery nonetheless

[tsmith2] 05/1/2017 21:31

This Kay we'll form a very strange u shaped recovery on charts

[t 34] 05/1/2017 15:51

Straggling to get into blue , errrrrrrrrr .

[kmann] 05/1/2017 11:54

Tending back up to normalise imo. BUY 650p

[t 34] 05/1/2017 10:54

Good move Sir , should finish blue today.

[breaktwister] 05/1/2017 10:28

I bought in after the large drop. In my experience the market always overreacts on news like that presenting great opportunity to take a stake at a bargain price.

[mister md] 05/1/2017 08:48

agreed, almost seems like a (dare I say it), no-brainer

[tsmith2] 05/1/2017 08:32

You get the sense that this could snap considerably higher at anytime; yield extremely attractive, highly cash generative biz

[11_percent] 04/1/2017 22:14

Divi is 6.2%.

[dlku] 04/1/2017 20:36

Dividend



This has been another strong year for cash generation at IG. In line with the Board's previously stated intention to pay out, as an Ordinary dividend, approximately 70% of the Group's annual earnings, the Board is recommending a final dividend of 22.95 pence per share, taking the full year dividend to 31.40 pence per share, 11.5% ahead of the prior year.




LOVING THE DIVIDEND HERE

[11_percent] 04/1/2017 16:26

Ex divi date soon.

[a0148009] 04/1/2017 15:05

Spike more likely natural short covering or enforced.
AO

[dros1] 04/1/2017 14:02

hxxps://www.finextra.com/newsarticle/29943/fxpro-shelves-ipo-amid-fca-crackdown

[bolador] 04/1/2017 12:50

I think the way to look at this stock is to ask yourself if given you had the funds and given the chance would you buy control at GBP5. The answer has to be yes.The company just oozes quality.
So what might the big boys think with their fat corporate wallets ?

[thepunter] 04/1/2017 11:55

very true... I wouldn't want to be short now that's for sure..

[langy_1] 04/1/2017 11:03

Or close a large short perhaps?

Time will tell but it looks a lot more positive now regardless.

[thepunter] 04/1/2017 11:00

There were 400K shares traded at 9.10am, the time of the spike - looks like someone just came in and steam-rollered all the offers he could hit to fill £2m worth of an order. That's about 50% of the avg daily vol went through in less than a minute.. Crazy trading, or desperate to get all he could get asap?? Something looks up alright..

[mister md] 04/1/2017 10:56

Definitely seems to be on an upward trend now