Member Info for MattTheBrave

draft - there are a number of reasons why these companies come to market, two of which you mention below, but there are also many others, including provides greater access to capital, and a bigger profile in the market. I'm interested in your 250p target which isn't accompanied by any rationale - perhaps you'd care to enlighten us as to how 250p is your target? Or is it simply the issue price which you've anchored to?

I am!! Been waiting for these to get back to 320p. Bottom line for me is:
- This product is pretty unique being like a immune system for your IT infrastructure
- Clearly going to be one of the highest growth areas in the world
- Stocks' not cheap, but I believe it's only on 8x sale this year (I expect sales of c£280m for year ending June 2021)
- Crowdstrike in the US on 40x sales, and IT professionals tell me DT is better.
- Grit your teeth about valuations and just buy it was the right approach for Amazon, FB, Google etc etc. It will be here as well as DT is genuinely unique and transformational.
- I will continue to accumulate through this year on dips.
GLA

At last tyche - we agree on something!! Glad you finally came round to my way of thinking....:-)

...and for the avoidance of doubt, I don't work for IG or any spread betting firm. I will admit to having worked in the investment industry for over 20 years though.

Ha ha - first you accuse me of not knowing how the industry works. Then you create a fake account (bit cowardly) to accuse me of actually working in the industry. So which is it?

Market awareness that Plus have a flawed business model - too much risk taken on their own book. They even admit the same, and are now considering hedging like the other better quality players. Recent acquisitions tell a story as well. Plus seeks to establish a US business with a $30mn acquisition - it's going to take quite a lot of them to move the dial! IG throw a $1bn at it, and initial news is very positive. Much easier to do when the FCF of the business is more predictable and stable. It's a personal view which I'm sure will attract the usual grumpy response from the die-hards here :-)

Fair enough CSDI.
Stock went XD 2p today, hence the fall.

Task - re VPPs - interesting stuff, but I can't really find any pure plays in UK to get exposure to it? Have you found anything?

So after stamp duty and commissions you've basically lost money. You're a MM's dream.!

I've added more today. I also hold UKP and GRP same as you TOD. Just watching those lovely divvy's come rollin' in!

.....also worth mentioning that the continued vol in crypto should be pretty revenue generating - the spreads on Crypto CFDs is much wider than liquid equity indices.

No need to hope. It is actually possible to ascertain facts about things before you post inaccuracies here.

Go to:
https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/what-are-igs-cryptocurrencies-cfd-product-details
Scroll down halfway and you'll find:
'As we hedge client exposure in the underlying market, our interests are aligned with yours.'
You're welcome.

Just initiated a position at £1.23. Should be fun ride!!

They hold the crypto to hedge against clients with long positions. Their net position is zero here, as it is on everything else - their policy is to hedge c100%. So movements in crypto don't matter, but volatility does, and if anything we've seen vol rise over the last few weeks across all markets including crypto, so your prediction seems somewhat baseless?

Ha - perhaps not quite the pure play that MF was looking for! :-)

mf - I'd definitely spread it around. You also need to consider whether you want to go for the high yield/small prem to Nav approach (mine) or high growth/large premium to Nav. I think the article below is well worth reading in terms of what's out there, what it's yielding, and how it's valued relative to NAV.

https://www.thisismoney.co.uk/money/diyinvesting/article-9039779/The-green-investment-trusts-Earn-income-5-wind-solar-projects.html

My renewables exposure is through Inv trusts:
-Greencoat UK Wind
-Greencoat Renewables
-Foresight Solar
Also some exposure through Sequoia and GCP Infrastructure
None of the pure plays massively cheap, though only at small premia to NAV. Yields are pretty good - minimum 4%, up to as much as 7%, and these should ultimately be inflation-linked so pretty good income.

Don't get your hopes up. Elliot also took a stake in Micro Focus in April 2018, and then slunk away with it's tail between its legs in October that year with its big plan of selling the business to a private equity buyer up in smoke. We'll see.

Nope, I understand it fine thanks. I think being significantly reliant on your clients losing money for you to make some is a fatally flawed business model. I don't think IGG is fully hedged mind you - I believe they allow this exposure to fluctuate within certain ranges. However, the main reliance being on spreads, share trading, and income on short positions is a far better model and should attract a far higher rating (as can be seen). That said, I also think that IGG customer base is much higher quality, and will trade more often and for longer. In addition, the huge free cash flow allows for bolt on acquisitions like Tasty Trade, which the market is now recognising as a shrewd move for the long term.

Fair enough Prog - thanks for the context. IG is my second largest position at about 6% of my UK equity portfolio (L&G the largest at 8%). UK portfolio is about 20% of total Investment portfolio. 80% is very diversified by geography and asset class using a range of active funds as well as passive, P2P lending, cash, Premium bonds etc etc. I've worked in the investment industry for over 30 years now and......that's enough of my life story!!!! :-)