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IIG Intuitive Investments Group Plc

130.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Intuitive Investments Group Plc LSE:IIG London Ordinary Share GB00BPTH6Y20 ORD GBP0.1
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 130.00 14,038 08:00:00
Bid Price Offer Price High Price Low Price Open Price
125.00 135.00 130.00 130.00 130.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec -2.45M -3.24M -0.0161 -80.75 261.62M
Last Trade Time Trade Type Trade Size Trade Price Currency
09:50:50 O 3,846 130.00 GBX

Intuitive Investments (IIG) Latest News

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Date Time Title Posts
01/11/202321:23Intuitive Investments139
24/10/200723:13Iimia Investment Group26
19/6/200101:34DEPEND ON INDEPENDENT INSURANCE14
19/4/200116:15ЈЈЈЈ RECOVERY STOCK ЈЈЈЈ2
28/4/200016:58test-

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Intuitive Investments (IIG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-24 14:20:17130.003,8464,999.80O
2024-04-24 14:20:13130.003,8464,999.80O
2024-04-24 14:20:07130.003,8464,999.80O
2024-04-24 14:20:05130.003,8464,999.80O
2024-04-24 08:50:51125.102,5003,127.50O

Intuitive Investments (IIG) Top Chat Posts

Top Posts
Posted at 24/4/2024 09:20 by Intuitive Investments Daily Update
Intuitive Investments Group Plc is listed in the Investors, Nec sector of the London Stock Exchange with ticker IIG. The last closing price for Intuitive Investments was 130p.
Intuitive Investments currently has 201,243,005 shares in issue. The market capitalisation of Intuitive Investments is £261,615,907.
Intuitive Investments has a price to earnings ratio (PE ratio) of -80.75.
This morning IIG shares opened at 130p
Posted at 30/10/2023 12:36 by tima441
This is going to be a high profile company with a decent BoD. Mkt cap in excess £250m

Worth reading thd RNS in FULL..
Trading of new shs from 31st Oct

Rns included this ref warrants:
Warrants in the Company and Hui10

Conditional on Admission, the Company has executed a warrant instrument and issued 39,967,785 warrants to Mannerston Investments Limited, a company in which David Evans has a significant interest. Each Warrant entitles the warrant holder to subscribe for one Ordinary Share at an exercise price of 15.6632 pence during the period commencing on 31 October 2023 and ending on the tenth anniversary and are conditional on the share price reaching 31.3264 pence.
Posted at 27/10/2023 13:49 by bozzy_s
Have to agree with comments above. This absolutely stinks! Surely the HUI shareholders will be dumping IIG as soon as they can, at any price.

Even a 90% drop from today would give them a massive return for their tiny little lottery company. Nearly 2 billion shares at 1p would give them £20m - surely still overpriced based on their results?

Looking forward to Shareprophets and others getting their teeth into this!
Posted at 27/10/2023 12:40 by mr macgregor
So having paid £120m in paper for Hui10, IIG is now worth £230m?
Peeps buying now must have done some nifty due diligence on Hui10 this morning as they're valuing it at 5300x revenue. It feels like we're back in the dotcom bubble as opposed to a world of political and financial crises.
The accountancy treatment looks unusual. To all intents and purposes it is a reverse takeover, but IIG want to call it an investment and put it through the books at fair value. It'll be interesting to see if they use the $365m figure.
Hui shareholders now own 95.7% of IIG, a somewhat lopsided register. To me it looks like Hui10 is, in effect, trying to list on the UK main market while using IIG as a shield from the regulatory and governance scrutiny that would come with a direct listing. I'm interested to see what the FCA make of it.

"Accounting treatment of the Investment
The Board of Directors, in consultation with its advisers, has assessed IIG as meeting the definition of an investment entity as per IFRS 10 Consolidated Financial Statements requirements. Therefore, Hui10 will be held at fair value on IIG's balance sheet and any revaluation will be shown through its profit or loss in accordance with IFRS 9 Financial Instruments. Hui10 will not be consolidated as a subsidiary of IIG."
Posted at 27/10/2023 10:21 by mr macgregor
IIG investors will be comforted by the fact that they've only paid a year to September 2023 revenue multiple of x3000 for Hui10. What a snip.
Posted at 27/10/2023 09:28 by mr macgregor
Tech valuations eh? If the Chinese investment was truly worth $365m it’s odd that the vendors wanted to sell for shares worth a third of that in a UK minnow with just over one million pounds in the bank at the last accounts.
From the IIG website:

Welcome to Intuitive Investments Group plc.
Who are Intuitive Investments Group plc?

IIG seeks to provide investors with exposure to a portfolio of investments concentrating on fast growing and/or high potential life sciences businesses operating predominantly in the UK, continental Europe and the US.

Rewrite to
Welcome to Russian Roulette Group plc.

RRG seeks to provide investors with exposure to betting the house on a Chinese tech company.
Posted at 27/10/2023 08:27 by rivaldo
Nigel Rudd has been busy since his appointment in July....today's deal is certainly transformative!

I'm really not sure I understand this. It appears that IIG have issued around £115m of shares at last night's closing price to acquire companies valued at $365m?

And those companies made - give or take - around £45k of revenues in the year to Sept'23?!

Anything involved with China has to be somewhat murky to say the least, but the Boards appear to be packed with highly experienced and capable Westerners, now including Giles Willits (ex-ETO etc).

Nigel Rudd states:

"I strongly believe Hui10 has the capability to return shareholders many times their investment at flotation and from the current share price."

Perhaps I'm missing something, but there's surely huge growth already priced in here....
Posted at 03/2/2023 09:11 by w t tutte
Just stoped in here after a long period and read December's Final Results RNS. If ever there was an exercise in self delusion this is it. They seem to think they have done a wonderful job ... I also note that their latest investment in to yougene does not go in clean. The Chairman and CEO are on the deal too. The only condolence is, given how thoroughly awful they have been with the investments to date, is that on a combined basis they will loose more money the IIG ... of course we will never know for sure as we are not informed when they sell, best practice would require them to let the market know if they are individually selling portions that IIG is holding. However, I will not hold my breath for best practice here.
Posted at 06/9/2022 13:56 by w t tutte
It was clear this was a dogs breakfast when it floated and it has got significantly worse since then, everyone involved in the creation and management of IIG should reflect long and hard and ask themselves are they suited to being custodians of other peoples money.
Posted at 16/3/2022 11:37 by rivaldo
Good to see the fundraising at 22p - at least this is one company which bears its shareholders' interests in mind.

Things have obviously not progressed as planned, but the acquisition of Touchless Innovations is a transformational move and could make things interesting.

There's a good summary in a new research note from Turner Pope - the price paid looks reasonable at first glance at these numbers:



"Based on annualised numbers for both TI and SF to end-December 2021, the combined business produced revenues of c.£3.62 million and pre-tax profits of c.£1.24 million.

Assuming a total acquisition consideration of £7.35 million (based on the 22p subscription price), this suggests IIG paid slightly under 6x pre-tax multiple for the businesses"
Posted at 18/10/2021 11:38 by rivaldo
LST has started to move up nicely, with the share price at 12.125p, so IIG's 13.28m shares are now worth £1.61m.

IIG seems to be somewhat under the radar. I may start a new thread with an up to date portfolio in the thread header post, as scotty666 seems to have disappeared.
Intuitive Investments share price data is direct from the London Stock Exchange

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