Member Info for Cheapsharesboy

Most UK plc CEOs are completely clueless. TCAP leader Breteau has got it right. So good they kicked out the previous failure! Breateau said in the previous Half Year update:

1. "Our focus on productivity, contribution, and tight cost management, generated an uplift in profit and EBIT margin"

2. "The £100m of cash we targeted in the first half last year has been freed up 6 months ahead of schedule;it will be used to pay down debt. We are also announcing, starting today, a share buyback programme of £30m, and will continue to assess opportunities to free up cash to further invest in the business, pay down more debt, and/or return more capital to shareholders "

3. "Delivered £38m (annualised) Liquidnet integration cost synergies (target of at least £30m), six months ahead of schedule."

4. "Dynamic capital management: reducing debt, interim dividend up 7%, launching a £30m buyback programme"

Targeted £100m of cash, generated by opportunities following Jersey re-domiciliation, freed up six months ahead of schedule; being used to reduce debt and other financing obligations. Decreases future net finance costs, increases investment grade rating headroom. "

5. Alongside ongoing investment opportunities, continue to assess opportunities to free up cash to pay down more debt, and/or return further capital to shareholders."

There are not too many CEOs who can point to such progeress and specifically point to outcomes that benefit the shareholders, and focus on those outcomes. Most UK pls CEOs just do the job. I think Breteau is actually looking out for the owers of the company, i.e. shareholders. That is good to see - common in USA - rare in UK. This is why the US companies constantly outperform.

The share price could be doubled so easily.

Just need a CEO from USA who knows how to cost cut and run it efficiently.

I am just not sure it's gonna happen.

They'll just hire another one who can do the "job" and that's about it.

Clueless! If the CEO had a clue - she would embark on a drive to double protitablity right now.

If you get the right guy - that would be so so easily done. I just don't think it's gonna happen.

Most UK companies are content on a stalemate - rather than progress. Sad because this company is literally a cash machine and could be double so.

Is this company going bankrupt or is it at some point going to make a profit???

Honest question! Thanks

Honest question, I am not a troll.

Is this company running out of cash?

Or is the fuding in place to continue?

I am interested but is this stock dead or there is funding somewhere for the next 2-3 years?

Just looking at the cash positions - just looks bad? Don't shoot me down it's just an honest question.

Thanks!

Please, laugh your HEAD OFF if shorts suffer. Hopefully they lose, not just millions, but TENS of million of £££.

They deserve it leeches.

I'll be contacting some of these short to congratulate them on their latest failure!

I would everyone else do the same - the more people laught at these muppets - the more they get the grief they fully deserve. Just go to short tracker to find out who they are. I do not hold shares here fyi.

Absolutely. Everyone should exit this disgusting leftist bank.

The share price fall is a great thing for this country - but needs to fall another 90% to make it a proper beating.

Dow down 1% wow! 346 pips. Oh my god!!!

Share incentive plan issued 70000 shares under share rewards plan. At 37p no one should be getting any rewards. Is this some sort of a joke?

IG is a professional platform. It is not so much impacted by "punteres" who put money into savings instead.

The geopolitical upheaval pretty much nails it for IG. Revenue is rolling in - and trading is not going to stop.

This is not a RETAIL PUNTER outfit like cmcx. Alexxandro, you seriously need to study the markets a little bit more, IG don't work like that. You don't seem to know what you talking about. But best of luck to you and keep your money out of here if you think it's not right. I see this as a real-safe heaven for now, even if capital gains are low, dividend is now 7.3% and safe. It's likely to rise in the future too. I beg to differ on your post, professionals are not losing taste for trading, you talking about ignorant folks who trade for a year at best then leave. Pros thrive on volatility - which is only set to increase. I am looking forwards to have egg on your face.

I did forget to say that don't forget update next week Oct 31st 6 days to go.

And also year end will March 12th 2024.

Of course if it hits high prices early on say in 2023, I'll trim or sell but would look to buy back in.

Best of luck, Cheap

Ok that's an interesting target. I am looking out for about 273p, tends to overshoot so I say 275p target by end of May/early June so that sort of long time 7 month wait. You can't guarantee anything but it's possible.

Best of luck

Dogger- have you got a relationship to Astaris Capital?

Snapper10 posted at the bottom 51.3p

He was closing his short and needed Muppets to give him cheap stock. So he was saying screaming SELL at the bottom. What an idiot,!

You know this guy just wanted to buy back in cheap .

Why would you otherwise post A SCREAMING SELL at the bottom.....

It was half clear from doom-sayers that bottom was in. They always appear when they buy their shorts in.

Or make their 5p per post.

Was way oversold.

Just check the names who were saying sell at 55p or below....

It tells you a lot about their ignorance or lack of trading skills or that they were lying and closing their shorts plus some losers making 5p per post. Regardless best of luck to all holders!

So it bounced off 51p. Quite a random in my opinion, however it's a higher lower so we should be looking at 91-92p higher high at some point soon.

Personally I think they maybe trying to push it to all time low of 45p that it before the Tennett contract.

I don't think they would try much lower - however - it could overshoot by 2 pence or so.

So in my view the bottom price would be 43-35p. That is of course only my opinion and view of the markets as to how they work. However, with that said, when too many people want to certain price to buy there - it does not get there, instead it bounces off from a slightly higher point than the previous bottom, as many call this "the higher low".

The other altenative that sometimes market gives you is the "double bottom" where it bounces off the same price as before. But because fundamentals have substantially changed, I have today taken advantage of the discount and will not be much bothered if it did head to 45p. I just bought near 11000 shares and it cost only like £5800 or so. Unbelievalbe price but I do understand all of the market has some risk attached. I just think the risk/reward is tilted to the upside quite substantially. Each to their own and best of luck to holders. Cheap

Porche gets paid around 5-10p per each negative post

It's public information

He is in bed with tony999 and dogger

All the same. Living a lie and they will die lying and wake up in hell

Quite short sighted in my view

Do it yourself lazyazz

CNN has a position for you in their business section of their fake news site

Shore capital says that the 12-month forecast PE is just under 6 now which is extremely low considering profitablity is improving. Price target was set at 200p, make of that what you will. This is old news but market tends to forget in these in a single day.

https://www.markets.iweb-sharedealing.co.uk/research-centre/market-news/article/?id=14307892&type=bsm

As most of you know, fake news it the name of the dirty game nowdays.

"In war, the first casulty is truth"

Same goes here, the fake news merchants arrive when to look to take advange of perceived weakness.

I must say, I HATE liars. So tony etc other idiots - they will rot in hell when it's all done and dusted.

Just keep your own head clear and don't forget that BS commentary is everywhere - know what you listen.