Ig Share Discussion Threads

[gbh2] 05/12/2018 08:20

Institutional investment is being pulled out of the FTSE in case we end up with a Corbyn government??

[gbh2] 05/12/2018 07:46

Thanks for the detail DD, I'm expect 700p+ by divi time and will be delighted if it's anywhere near my target.

4 Dec Shore Capital N/A Buy

[discodave4] 05/12/2018 00:37

Based on the capital markets day presentation the UK/EU retail and professional revenue for last FY was about 63% of group revenue.Given they have just updated and stated that 70% of UK/EU rev was professional clients then only 30% of this revenue will be impacted by ESMA, so based on last years revenue (£569m) thats 0.63 x 569 x 0.3 = £107.5m.They also stated in the capital markets day presentation that mid range their predicted ESMA impact (UK/EU retail revenue) for this FY would be a 34% decline, so that's a £36.5m (0.34 x 107.5m) reduction. With year end revenue of £532.5 (569-36.5) a 45% pre tax margin (last year was 49%) gives pbt of £240m, post tax profit £194m, eps circa 53p (a year ahead of consensus forecast), target price with 5 year average PE of 15 gives circa 795p.So cannot figure out the reason for today's drop!. But wtfdik and DYOR.DD

[gbh2] 04/12/2018 15:41

Odd number for me but found enough to purchase another 882.

[jswjsw] 04/12/2018 15:27

Agree. 8% divi looking safe.

[gbh2] 04/12/2018 14:54

"Why the huge sell-off?"

Head Funds shorting everything atm, just a case of riding it out imo because the divi looks sound.

[fizzypop] 04/12/2018 14:17

Woody touche @ 537.4998p.

[prokartace] 04/12/2018 14:07

Did I miss something? Update was as expected and company has Europe proofed the business. Why the huge sell-off?

[gbh2] 04/12/2018 13:38

Well done, I have cash waiting for any Brexit related crash but tempted to have another dip in to this, maybe after lunch, when i get back to the computer.

[woodhawk] 04/12/2018 13:01

Increased my holding at 537.5p. Prospective divi now over 8%. Shore Capital think it will be maintained for 3 years.

[fizzypop] 04/12/2018 12:49

Now down 10%

[gbh2] 04/12/2018 12:48

Know what you mean, I too have lost a lot of money to IG when spread betting but I've made most of it back this last two years through holding their shares :))

[sum493] 04/12/2018 11:36

i'm happy this arrogant company has finally found a worthy challenger in the name of Plus500. I absolutely hate IG - they have screwed all their business partners again and again, they have no sense of what is fair.

[gbh2] 04/12/2018 09:16

Lots of political *hite to consider before the results are known, imo we could easily see 20%+ movement either way.

[fizzypop] 04/12/2018 09:05

Back to 600p again zzzzzz ... H1 results 22 Jan.

[gbh2] 04/12/2018 09:01

It did and that's one reason I'm still "relatively" confident about holding.

[petepitstop] 04/12/2018 08:48

The final results report mentioned maintaining the dividend whilst waiting for growth to return.

[gbh2] 04/12/2018 08:41

No mention (positive or negative) of dividend, just a case of seeing out it pans out now.

[woodhawk] 04/12/2018 08:31

Nicely played gbh2.

[gbh2] 04/12/2018 08:13

Picked up a few more as the day traders pulled out :))

[gbh2] 04/12/2018 07:39

I cannot see any surprises so steady as she goes hopefully.

[colinzeal] 04/12/2018 07:39

That’s pocket money to these guys. Largely suspect the trading update today is a sign of things to come.

[discodave4] 03/12/2018 22:53

Would guess the update will be fine (not a holder, yet) given the CEO bought over £100k early November and the Chairman bought nearly £50k's worth, but wtfdik.Hoping market volatility has improved things as well, if not may just move on.