Ig Share Discussion Threads

[fizzypop] 08/11/2018 09:08

WheelieDealer
‏ @wheeliedealer
9h9 hours ago

#IGG has a Gap above 680p - if it can get 'into the Gap' it could rise to 730p quite quickly.

[gbh2] 08/11/2018 08:43

That's today's Bread & Butter 10 points in the bag (ok 9) but that'll do :))

[woodhawk] 07/11/2018 19:27

Nice to have you join us, coxsmn. Made some good profits in the 2017 rise and hoping to repeat the experience. Co-relation between the RSI, momentum and shareprice charts above is quite illuminating (and encouraging), I feel.

[coxsmn] 07/11/2018 19:14

I've bought a few here today, after doing some checks this looks like a good opportunity.

[gbh2] 07/11/2018 09:21

Traders running this up & down 5 to 10, just a case of hitching a ride on the day :))

[gbh2] 05/11/2018 16:05

I managed another 755, no more cash left today, after selling 550 NG. for a small profit.

[woodhawk] 05/11/2018 15:35

Same here!

[gbh2] 05/11/2018 15:23

Looks like I was a bit too keen this morning, now looking for where to find more cash.

[fizzypop] 05/11/2018 14:07

Woody - out of SCPA for a 20.6% gain so big ta. Proceeds here in IGG as topup or STOB but undecided at mo.

[gbh2] 05/11/2018 14:06

I enjoy chasing small cash on Index SBs, just to pass time on a wet and or cold day, but as you say it's so cheap trading within a tax free wrapper these days that's where I also place my main cash - Picked up another 1037 IG this morning, I've made a good few K on these this last few months.

[woodhawk] 05/11/2018 13:56

I'm not interested either. I did very little spreadbetting anyway. I did make money, but I found I'm better suited to trading shares. The only advantage to me was the tax-free status, but as the majority of my portfolio is now in my share ISAs (and SIPP), it is less important to me as I'm paying very little tax on my gains and dividends as they're nearly all sheltered within.

[gbh2] 05/11/2018 13:51

They've tried several times to convince to go pro but there's no way I'd touch it !

[woodhawk] 05/11/2018 13:42

I don't think they thought that at all - apart from anything else, there are valuation criteria for 'professional' status that - clearly - many would have no way of meeting, even if they could satisfy other criteria.

IG is still usable for spreadbets with increased margin and I also use it for my ISA (zero charge except dealing), SIPP (zero charge except dealing and managed by James Hay for fee) and regular share dealing (no charge beyond dealing) accounts.

[gbh2] 05/11/2018 13:35

I think they counted on being able to convince most punters to turn Professional without realising some even many wouldn't want to go down that path due to Tax implications!

I for one have had to look elsewhere for the odd spread bet or I simply Buy & Sell within their low cost ISA..

[jpsmithson] 05/11/2018 12:09

The problem here is that they underestimated the effects of the legislation, hence the fall.
My guess is that this is the real reason Peter Hetherington had to step down.

[woodhawk] 05/11/2018 11:52

... which was known about for ages beforehand (see previous big fall, late 2016). Another great buying opportunity, imo. Wouldn't be at all surprised to see this over 650p shortly, plus great divis while you await full recovery (like last time).

[gbh2] 05/11/2018 11:47

The new legislation kicked in.

[cascudi] 05/11/2018 11:33

Seems very undervalued imo. What is the reason of big fall few weeks ago?

[gbh2] 05/11/2018 08:55

Used to have an effect but imo. now everything's controlled by Fund Managers via preset algorithms the effect is diminished because only PIs even notice the Buys.

[tyroneshares] 05/11/2018 08:36

Yeh. A massive investment by them. Shows real faith.

[andrewclarke99] 01/11/2018 16:13

Directors buying should energise this share price a little

[gbh2] 31/10/2018 13:27

Looks like profit taking for those that missed yesterdays prize share price