Member Info for Cheapsharesboy

https://www.bbc.co.uk/news/business-50107320

Libor case dropped 4 years after some individuals were convicted, so is that like 5-6 years after it all started?

Good as expected, this should now leave under £6 behind for good!

And why is the sp up today? Someone trying to buy off their shorts?

I would call it legal crime what SFO is doing

Well I should say it's still sluggish unlikely to go anywhere much till the update. 530p holding but struggling. X-divi 4 weeks away so I would say it'll hold due to divi. Some divi chasers likely to help over the next 4 weeks to get us little higher

It’s been trying to bottom at 533-540ish p. Looks like it might be let go now by the MMs.
Hoping for around 600p price before update mid-September which should be good due to increased volatility. If the update does continue as positive then we should be looking to clear the highs of 960-970p and hit past £10 in 6-12 month.

AQR was the number one shorter before SFO investigation came out. They were over 5% short.
Now they are below 0.5%, I’ve always thought once AQR is done so is the investigation.
So it looks like we are there now, or nearly.

You’re right it priced in. Up over 7%.

17% revenue drop is not bad.
Update is good but there might be an initial dip in the share price followed by a rise.
I’ll be ready to buy at 460p or below.

Could not resist buying a few shares ahead of the update. Good price now.
If update is good, I'll buy a few more again, if they are bad, have to weigh the pros and cons.
I think it all depends on will the divi hold? If the divi holds, that 450p should be a rock solid support as then it is nearly 10% yield. We will see if the update helps to figure it out. I have a gut feeling IG will beat expectations as they are so low....on the other hand, the regulations are harsh so I could be wrong, it could be a bad update. The thing I'm hoping is IGG has higher percentage of professional clients and more steady client base than for example Plus. Well, let's see.

Shorters get charged 20p divi if they hold on x-divi date
So they are not in profit at 469p unless if they close before x-divi date

Yes Igg should do better going forwards.
I hope I can buy more before too late.
Got a few but want more at these prices.

Built in? Really? It’s not built in, what’s built in are expectations.
Share prices move based on expectations not built in divis.
Maybe expectations are low then we stuck here once more. Ask the big boys.

What a muppett is buying FTSE and selling IG???
Oh dear. Good luck with that. Especially if you thinking
3-5 year period. For short term trade 3 months maybe
but still risky

Well doesn’t actually look like breaking out yet so I was wrong.
I am expecting it to break 320-325p resistance though before x-divi date.

325p well it’s breaking out...
Looking for around 400p for sure

Besides I’m definitely not getting out yet as the divi
will pay my summer holiday LMAO
I think better time to get out is once divi gets hiked

Not sure why you think to jump. Market takes it up 6% so looks like once
it clears this 320p area we should be heading up to 390-400p. That’s when I’m out.
What makes you think results are so bad?
Enlighten please.

Did standard life dump their shares in igg?
And who wrote this article.
I very much doubt market will remain non-volatile for too long.
Dow is too high, Brexit, China and multiple sectors of volatility
out there imo.

If you bought under £6 that’s really good.
The yield is like 7.3% at that price. I bought 623p at first
but topped up due to the irrational drop, got 590p.
So I’m surprised that both trances are showing profit.
I am unsure what the correct sell point is. However this should reach 840p
at some point, short term I’m more uncertain, I suspect anywhere over £7, but definitely
I be booking profits at £7.5 if it gets there. Good luck to all