Ig Share Discussion Threads

[riverman77] 04/1/2018 13:11

I agree PLUS is the much riskier proposition so if you're after a relatively safe dividend payer then it's definitely not the one. For me though the upside potential is huge given the number of new customers (largely driven by their first mover advantage on cryptos and their predominantly mobile platform)

[anhar] 04/1/2018 12:35

...I think there are valid reasons to hold PLUS.

Not for me.

I've not looked at PLUS before but have just done so after reading some of the messages here. It actually has a higher yield than IGG which on the face of it makes it more attractive to me as a pure income investor where the div is my sole reason for holding any share. I have no interest in capital flucs. I'll hold IGG until its yield matches the FTSE100 median or forever.

Right now IGG yields 4.2/4.4% trailing/forecast whilst the index yields 2.8%/3.2% T/F.

I stick to UK main market big caps for my income port, which means nearly all FTSE100 with, rarely, a bigger FTSE250 if I like it and it adds diversification. PLUS is ruled out for two reasons. It's an AIM share and is not a UK company. So I won't be switching from IGG to PLUS any time soon.

I appreciate that my investment approach probably differs from most round here in that I'm chasing income whilst most people are probaby chasing gains.

[riverman77] 04/1/2018 08:21

In answer to why anyone would hold PLUS over IG - as someone who fits into that category, PLUS is about the half the price of IG based on price to earnings, and is also growing at a much faster pace. I acknowledge that IG is a more established business, but I think there are valid reasons to hold PLUS.

[ddinksdadd] 04/1/2018 02:46

As an investor in IGG and CMC and having given a wide berthe to PLUS I have to agree with your frustration mark!

having looked at the T's and C's for PLUS I agree 'proper' regulation could slaughter them. i use IGG for spread betting mainly because of its size and depth and would never ever consider using PLUS under any circumstances. This is as near as I get to 'ethical investing' however its probably true that PLUS is a money printing machine!

[marksp2011] 03/1/2018 19:17

Must be a decent play

8% rise and 11 posts
There is an inverse relationship between quality and posting frequency so we are all going to be millionaires :)

[gbh2] 03/1/2018 10:40

I don't have a great deal of trust in broker targets but with Three weeks to results I hope the 960p is well founded.

[marksp2011] 03/1/2018 09:30

I struggle with why anyone would hold PLUS over IGG.
I guess it is from trading charts?

I would have thought that from IG, CMC and PLUS the obvious loser from proper regulation would be PLUS

[prokartace] 03/1/2018 08:42

Mine too gbh and I hope you are right lol

[wskill] 03/1/2018 08:41

Plus up 18 per cent on strong trading update we must be just as good they cite bit coin trading to be partly responsible.

[gbh2] 03/1/2018 08:36

My best performing stock of 2017 is looking set to be an excellent performer in 2018 :))

[prokartace] 03/1/2018 08:27

Only another 50p to get back to pre regulationgate levels

[wskill] 03/1/2018 08:21

If only the company would stop issuing these holdings runs I might be able to top up my ISA 2 percent rise is a bit too much do they know something we don't.

[cwa1] 03/1/2018 08:20

FWIW Bar Cap view from this morning:-

03 Jan 18 Barclays Capital Overweight 748.25 650.00 920.00 Reiterates

With 650 being the previous target price and 920 their new one.

[mister md] 03/1/2018 08:19

Bought in at 556, still holding at 756 ;)

[gbh2] 28/12/2017 15:26

There was some talk about IG being a TO target back in March, since which the share price has recovered.

[paulab203] 28/12/2017 14:27

Strangely consistent up moves of late in this share is this short covering by Odey & similar or Blackrock adding etc ?

Anybody know if any chance of a bid for IG and from whom that might come from ?

[anhar] 22/12/2017 07:14

Yes some of my stocks may never hit the target and I've held several for a very long time. In practice there has not been a lot of trading over the years.

I have no way of knowing which shares may eventualy exit and which may not and I make no effort to guess this. But that' not a problem because the target is there only to take me out of a share whose yield has become average, so I can sell and reinvest in a new HY share which automatically increases my port income.

If a share's yield continues to be above average I have no need to sell it. In an extreme case where it never exits in my lifetime, well so what? It will have done all that I want, which is give me an income.

I don't seek a re-rating as part of the strat, it's just a device to recycle money from shares that have become averige yielders into new HYs and improve port income. But as I said previously, it's interesting that my strat has delivered long term growth, even though that was not why I started it and not why I continue to run it. It's exclusively about income so any gains are incidental though I dont deny they are welcome.

[ddinksdadd] 22/12/2017 01:44

Anhar,

Interesting strategy you have there, i guess its a type of a 'mean reversion' strategy however do you not find stocks can take forever to hit your target.

For instance there are many high divvy payers out there that basically have gone 'ex growth' utilities for example. These companies likely will never meet the average FTSE 100 yield ( excepting a divvy cut!)

How do you differentiate those companies that have a chance of re- rating compared to those good old plodders who are just bond proxies?

regards,

[gbh2] 21/12/2017 15:59

"I don't accept the view you sometimes hear from advisers that you should reduce equity exposure the older you get."

Agree entirely re accepting "Advice" I prefer to pay for my own mistakes rather than pay for someone else's :)

[mister md] 21/12/2017 13:31

recovering nicely here ...

PS anhar the UK markets provide fantastic dividend opportunities - even now there are so many 5%+ yield stocks available. Much better than US and other European markets imho

[anhar] 20/12/2017 15:33

Thanks. I've been following it for decades already so I know it works for me. I'm also retired but far from giving up my long term holdings, I increased them after retiring because I need the income and for me equities are a good way to deliver that using my system. Previously when I didn't need the income I could reinvest the divs and still do occasionally if I have some spare income.

I don't accept the view you sometimes hear from advisers that you should reduce equity exposure the older you get.