London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
SirBC - you're correct, but J's point was that the forecast was slightly down from mid 30s to 30. However, this is only because of the delay in Canada which will be addressed this yr. I wouldn't be at all surprised if they did more than 30 anyway given IG's normal conservatism.
It's a frustrating drop alright, but given the short-term driver, it's certainly not a worrying one for me. No doubt it's exacerbated by wider negative market sentiment - whenever sentiment improves, hopefully IGG may see a better than average bounceback.
And with Q3's trading update hopefully under 7 weeks away, that should be a catalyst for share price support/appreciation, as I expect it will announce near-record quarterly revenue, maybe close to Q4 2020's £259m.
Looking ahead, IGG are also expected to announce a new dividend policy/capital management plan. Possibly they're waiting for the NADEX/Small Exchange disposal to complete before announcing a plan. Given the increased profits, I think it reasonable to expect the underlying dividend to increase come year-end, with the possibility (but not certainty) of a special divi or share buyback too.
There is always the risk of an unknown shock coming along out the blue, like a trading disaster (remembering the Swiss Franc) or regulatory change, for example in Japan or the US. But IGG have always recovered well from those factors in the past and today's drop is truly trivial in comparison to those factors - TCMI's disposal does not present a barrier to recovery or further gains as far as I can see.
I've bought another 500 shares for circa £4k, as I'm pretty confident in IGG's prospects, with the usual caveat that the future's never ours to see, unfortunately.
Matt the share price was 9£ it is no longer 9£ It is significantly less how can you not keep up with this? You are being a prick. Because at the fb of the day you are wrong, I think you should stick to index funds because I hope you are just pumping to try and make a quick gain. The price is down from where we bought tasty trade. We have lost money. If you want to learn how equities work I will link you some books.
18 - I don't know what you mean by 'locked in'? Now listen carefully, it's very simple. You said everyone had lost money over the last year. 12 months ago (1 year) the price was 750p. It is now over 790p. That is a rise, not a fall. I am desperately trying not to call you names here as I have promised myself I would stop doing that on these boards (for example, the old me would have asked whether 18 was your age or your IQ...;-)). But I think what I'm saying is pretty clear, and struggling to work out how you are arguing against it?
Matt we had 9£ locked in.. I don’t know how that is not a loss to you) Can you not look at a charts or something? So right in literally 4 months time will you agree that we lost money because that is what the chart shows 1 year? I feel sometimes like you are deliberately trying to avoid facts whilst pumping.
Stock price down. Eps down. 1 billion spent. I don’t think you are looking at this objectively.
18 - re your post at 10.58 - are you not bored of being continually wrong?. Precisely 1 year ago the price was 750p. As it is now 794, I believe that everyone here who held the shares made a c6% return.
I'll add my two peneth as a long termer. Not happy with another big fall today after promising results yesterday, but I have seen it so many times before with this share. I keep telling myself to sell it but I just keep on holding for that little bit more of a rise because I think it should be worth much more fundamentally. I was buying here back in 2014 firstly in the £5 range and traded a bit since then so I am well in profit overall but it is frustrating and any newcomers buying north of £8 may need to be very patient.
iPhone matt and you know I can. Cheap shares boy loses money all the time. Is important to fade him. This stock loses money and you cheerlead all the time matt. We have lost money both of us. This is not good.
You only posts here or Lloyds. You are a novice investor? I been trading and investing for 12 years now on 3 different platforms. Perhaps you you to read some 101 on basic trading / investing. Good luck
Actually a lot of bonds yeild around 6.5% and don’t drop massively… This stock has done badly really, tasty trade has annihilated share holder value. We should be up at 11£ and if we hadn’t of bought that we might well have been.
Matt and SirBeany answered better than I could. I don't really understand the merits of asking a question like "would you be happy if the gave away all profits"? Rhetoric?
IG pay circa 30% of net profits as variable remuneration IIRC, the same argument could apply. I want a profitable, growing and sustainable company in which I can remain invested for decades. Social responsibility (some could say ironic, given the business of IG) seems good for long term sustainability, another part of helping it's best people feel like that's a great place to work.
Eighteen will rather buy bonds than IGG. That’s ridiculous. Some government bonds are worthless, I would think inflation means they are negative investments. Absolutely ridiculous to say bonds are better. Well feel free to buy debt and receive nothing in return. Oh, it’s also exciting to watch paint dry lol
I’m am happy that IG is giving away 1% to charitable causes. It makes me more likely to hold for long long time rather than sell. I believe this will boost the share price. I have a fair bit of these, Abu dips below 860p I will add if I have the money and if it goes there. I’m waiting for it to cross £10. I believe they will arrive sometime in 2022.