Ig Share Discussion Threads

[catsick] 18/4/2018 01:23

Big drop, market volatility still very high so ig should be coining it, A few biotech companies cratering will have zero impact, ig have been in this game for decades and know where to offer high leverage and I doubt they have lost anything on imm or any other small cap duster moves..

[gbh2] 17/4/2018 18:45

"Indeed that and dusters drilled by junior oil explorers happens pretty frequently."

Those were the days, I remember making almost £2000 in under four minutes from a long on Emerald Energy :)

[hpcg] 17/4/2018 17:08

I would be somewhat surprised but you never know. IGG normally protect their risk by closing the market or in some way neutralising their potential for loss. I'd not looked at IMM to go either short or long so I do't know. It wouldn't be the first time biotech has blown up. Indeed that and dusters drilled by junior oil explorers happens pretty frequently.

[a0148009] 17/4/2018 16:34

Possibly the guaranteed stops paid out on IMM.

[gbh2] 17/4/2018 15:55

I'm thinking of buying back in but waiting to see if there's any news around that explains today's drop.

[prokartace] 17/4/2018 15:33

so whats happening today to cause a 5% drop off in the price?

[anhar] 04/4/2018 10:15

I'm only here for the div and I'm staying in for the only reason I ever stay in any income share. Its yield is above the FTSE100 and there I'll stay until it isn't. No interest in regulatory developments, CEOs, cryptos whatever that is, or much else.

[catsick] 03/4/2018 14:54

Lots of volatility again cryptos yoyoing and tech in the us having big moves, IG will be making good money again ..

[gbh2] 28/3/2018 17:04

The new margins will kill off my spread betting interest, so I'll be looking elsewhere for a new investment.

GL to those that stay.

[hpcg] 27/3/2018 17:01

I think they will probably need to reduce their minimum stake on some issues, especially the higher priced US shares. I try to keep within the new limits anyway - my change will probably be to grow my balance higher before taking cash out.

Happy with today's price action, though would have been nice to trade it, but c'est la vie.

[marksp2011] 27/3/2018 16:53

In at 758 to 760 out at 815 to 819Same prob as you. I had bought 1500 on each of the last dips and had 8000 which was too many for one stock

[prokartace] 27/3/2018 16:26

I need to trade this share more. Every 3-4 months it drops 10% and recovers in the same day. Problem is its a core holding of mine and I can't buy more than i have. This means I have to sell on strength and buy on days like this

[marksp2011] 27/3/2018 15:24

My third down then up in as many months. I have made more on this that anything but......some of those leverage ratios will be very unhelpful. Not so worried about Bitcoin but the equity leverage changes are a bit tight

[petepitstop] 27/3/2018 15:11

Almost as profitable as Hargreaves Lansdown with a 1/10th of the number of clients. Retaining more active clients should help in the long run.

[ernestsyngen] 27/3/2018 12:03

CALM DOWN - Great Company and great Revenue this year.

Clam the heck down

[toyin] 27/3/2018 09:36

As soon as I saw disappointed in the statement, that was it. Will wait for it to settle before returning. Great company just being killed by stupid regulators.

All the best

[american idiot] 22/3/2018 15:35

A great Q3 for IG.

Been using these for 15 years and by far the best.

Nothing comes close to the service these guys give.

[hpcg] 22/3/2018 10:39

Very nice update. If we discount the one off crypto spike, and the announcement makes it clear it was a one off with volumes having dropped since January, growth still a healthy 9%. The highlight for me though is the growth in the non-leveraged account holders. There is a huge potential for sticky revenue. Personally all my new funds go in to IG rather than my other account providers as the cost is so much lower. They don't offer the open ended funds so it isn't a destination for everyone, but it is a much better place for self directed investors than any of the banks or fund supermarket destinations.

[anhar] 22/3/2018 10:02

...I am in at under 300p so my dividend yield is almost 11%...

Yield on original cost is irrelevant to my strat. In fact original cost is also of very little importance to me either. Others may disagree...

For IGG my current exit price is 1,123p based on a trailing 12m div of 32.57p and the FTSE100 trailing yield of 2.9%. This exit price changes constantly with the index yield and the latest div.

It's not a prediction, just the price at which I would get rid of the stock because it won't then be HY any longer. I can then reinvest the proceeds in a new HY share which will increase port income. As the price is currently below the exit, I continue to hold for income.

[petepitstop] 22/3/2018 09:50

There are very few great companies; IGG despite the regulatory environment is one of them. I have been holding for eight or nine years and I am in at under 300p so my dividend yield is almost 11%. I do think dividend growth is more important than the actual yield and if growth can be sustained over a very long time then that ultimately drives total shareholder returns. I have let this 'winner run' because there are very few winners.

[gbh2] 22/3/2018 09:22

I'm out atm, never turn my nose up at 5%
good luck to holders.

[anhar] 22/3/2018 09:12

IGG current yield still above the FTSE100 so I remain in but my exit point which is when it matches the index has drawn closer than when I bought.

I'm only here for the divs, don't care about capital flucs, and bought IGG at 530p in January 2017 for its then 5.9% yield which was well above the index.

As it happens my strat is not bad on capital either over the many years I've followed it though that's not why I do it. For me it's only about income.