Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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:
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 Members are members that have a premium subscription with London South East. 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.
Has anyone seen a recent article or comment in Investors Chronicle about IG Design? Its last recommendation in July 2020 was Buy at 514p. It should have updated its recommendation following the recent share price fall. Anyway, I tripled my holding In October and feel increasingly hopeful that this was the right decision.
Here's the IGR H1 22 results presentation given to investors 23.11.21, including Q&A.
Video: Https://www.piworld.co.uk/company-videos/ig-design-group-igr-interim-results-presentation-november-2021/
Podcast Https://piworld.podbean.com/e/ig-design-group-igr-interim-results-presentation-november-2021/
IG Design Group CEO, Paul Fineman, and CFO, Giles Willits, give an overview of the interim results for the period ending 30th September 2021.
Watch the video here: https://www.piworld.co.uk/company-videos/ig-design-group-igr-h1-2022-results-overview-november-2021/
Or listen to the podcast here: https://piworld.podbean.com/e/ig-design-group-igr-h1-2022-results-overview-november-2021/
Join us for the Ig Design (LON:IGR) interim results webinar later today at 1pm. CEO, Paul Fineman & CFO, Giles Wilits, will present interim results followed by Q&A.
Register here: https://bit.ly/IGR_H1_1pm
IG Design Group (IGR) CEO, Paul Fineman & CFO, Giles Wilits, will present interim results followed by Q&A.
Tuesday, 23 November, 1:00pm
Join us here: https://www.piworld.co.uk/events/
Agree, should have taken Questor advice and got out. A dodgy share to hold now.
I never invest in a company where directors have sold out. Usually the right decision.
Effectively profits will be wiped out for this year. Whilst most investors probably understand the causes, the thing that has added to nerves is the fact that the directors have dumped virtually all of their shares over the last year. Particularly, CEO Paul Fineman who has sold millions worth of shares and now has virtually no ownership. You should always be suspicious of companies where management are not personally invested in the success of their business. Let's wait and see if any decent director buys, which may restore some damaged confidence to investors.
The trading update is obviously not at all good, but a 30% drop in the share price seems a bit overdone to me. The market is currently very harsh on businesses that face supply chain and cost inflation headwinds. I will continue to hold in the hope of long term recovery and might consider adding at around these levels.
Trading update this morning. Like-for-like revenue up 11% in the first half of the year (but less than levels expected and against a very soft backdrop). Supply chain disruption and cost inflation have hit profit margins (no numbers given for this half but guiding for around 2% lower for FY22 with cost pressures likely to continue into FY23. This is concerning for business that generates such low margins and with little pricing power. No quick recovery here, but fundamentals of the business good. Might maybe worth buying, looking away for the short-term and holding in anticipation of a longer-term recovery. However, as always DYOR.
Nose in the trough management rns..would never invest in a company that ‘rewards’ the management like this...to repeat, disgusting
I agree. 50% of total business generated at Christmas, order book at 90%, easy money here
Looks a great Covid recovery play. Bought £8.5k at £4.71.
Well, that's it. I'm out with a stonking 40% loss.
Only to see it's fallen another 7+% today, on the back of absolutely nothing again.
Massive shenanigans, but I'm just not willing to see this keep diving.
The good news is that now I've sold, it'll probably rebound massively, because that's just my luck.
If not, I still like the company and might get back in lower.
I'll be watching it.
And the CEO has sold his whole holding. I missed that.
"The sale was for financial planning purposes."
Hmm.
Surely the best plan would be to leave them in place if you were confident?
Order set to sell.
A 6.5%+ fall based on absolutely nothing.
Sigh.
Todays figures better than I expected and I'm very happy with the divi payment, I was expecting that too be slashed. Its going to be a tough year for everyone but looks like igr are setting out their stall to combat this...
GLA
I just topped up here using half of my isa allowance for the year. I'm hoping that the trading update won't be too severe and only a short term problem and also that the divi is not cancelled/suspended in its entirety. Heres hoping.
howaboutthatthen,
So you've ten-bagged and more here? Very nice and a nice reward for that service, well done.
Good luck to you too.
acolespontyboy,
I'm sure it wil fella.
From what I've seen, many people have become more arts and craftsy since the lockdown.
I'd love to know how trading is going here.
Challenging times but let`s hope the order book returns....
Yes anon3, I was lucky enough to accumulate IGR over many years after working for them for 24 years, my average price is 45p and I once had nearly 3 times my current holding, how I wish I still had that amount ??. I think we'll get back on track within a year or two so no panic on my part. Good luck to you.
Wow, that's a nice holding!
I was hoping for an 11p total divi this year which would have been about £6k for me but likewise I can't see me selling anymore until at least 2022.
Probably correct, but it's not much of a divvy anyway.
Point taken though and it will no doubt be a setback.
It doesn't make much difference to me. I'm 30% down, as it is and won't be selling.
So we're getting the well overdue results at the end of the month along with a TU, a bad idea in my eyes, we'll probably get a good set of results for last year then the dreaded covid-19 update which is bound to be unfavourable and allow IG a reason/excuse to attack the dividend like so many other companies. All my own opinions. GL
Blimey it's quiet.
We could do with some news here.