Member Info for MattTheBrave

Which article Davey?

...oh, and it's never been 'prey tell' you numptie, pray being the old word for please, whilst prey means something completely different - google it (if you are capable of even doing that?).

Of course you got confused Sis - life is confusing for people such as you. Intelligence is one of life's great lotteries, and you just didn't buy one of the winning tickets. That's just bad luck, and not your fault. What is less forgivable is your inability to recognize those who are intelligent and clearly know more than you, which is a great shame, and to your detriment. Your main problem is letting emotion get the better of you. To quote the advert, you really need to 'calm down dear'. It'll help you in all areas of your life, and definitely in investment, where you're clearly inexperienced. Some free advice for you right there - you're welcome by the way......:-)

Don't worry tracker, everyone who posts regularly on this Board realises that GCC is beyond help. Best just to leave him in his sad and blinkered little world.......

I believe I said I'd take profits above £4 if it got there in the short term. That wasn't a prediction, just a level at which I would sell.

Not really - you might have noticed that the market is down sharply since then. AMS performance not markedly different, or unexpected for a mid-cap.

No hard news on orders, revenues, whether the product will be supplied profitably (or just a loss leader). All that's happened is they have been made a 'preferred supplier'. Positive news, and probably worth today's jump, but I wouldn't be ordering the Ferrari just yet....:-)

Well G-man 123, no -one is suggesting that revenues won't be affected by changing regs - The Company has said it will reduce growth by 10% points. Sister's main point (and obsession) is about IG client's being' fleeced' or 'rinsed' (add your own inappropriate superlative) and being able to successfully sue IG (for their own idiocy). As you say, you take responsibility for your own positions which is quite right.

Yep - another cracking set of figures. EPS up nearly 50%. If they keep going at this rate they'll hit consensus earnings for April '20 in April '19 - 180p. On that basis, the stock is on 13x this year which doesn't seem to expensive. £30 target over the next 12 months doesn't seem ridiculous now, providing we don't see a loss of momentum. Sterling will be interesting as it's probably either 20% overvalued, or 20% undervalued depending on final BREXIT deal (or lack thereof)! - This will have an impact on AHT earnings when converted to £.

Another big fall overnight. Be nice to buy some more below £40!!

If every firm had to announce whenever they were part of some paltry legal dispute (and £2m in this context is paltry), the RNS stream would be unmanageable and unintelligible. Small claims are part and parcel of life. Clearly the FT had a slow news day when it decided to publish the initial article, but since then has moved onto more significant issues (Brexit, Trump etc) and forgotten all about this insignificant story. I'd suggest you do the same.

Few other things -
- I don't know who 'they' is supposed to refer to, but I chose my own moniker.
- it's 'pray tell', not 'prey tell'
- This Board is for IG shareholders, not investors through the platform to come and moan about how IG forced them into poor trades.
- I believe you might be one of these based on your blinkered focus and obsession about this court case - I think it's a reasonable assumption

Sis - you have verbal diarrhea and a bad case of paranoia. My suggestions to you would be to a. get over yourself, and b. seek professional help. Many poor investors (I assume you are one of them) want to blame someone else for their mistakes, but actually they need t to take responsibility, and then they might actually learn something before moving on - nobody forced them to take the positions they did. Perhaps you could stop bleating on about it now, because seriously, no-one cares.

They sold their 5.7% stake.

A likely story!! :-))
Anyway, all friends again. Peace and love everyone, peace and love.

Given you moniker FTSE, you should probably know that there is no such index as the FTSE 200!
From my perspective, I think this stock is truly undervalued, with a 12 mth target of £2.50, but I don't think that will be the end of it.

Sounds reasonable mate - good luck!

Agreed - 3putt, stop being a dick. Oh, and I do find it rather amusing that the Chief Constable of the Spelling Police can't even spell liar...!

Ha - good point 3putt, steve take note! Sis8, sorry, but like GumT before you, you are allowing emotion to taint your thought process. If shorting is banned, market makers couldn't operate, and the market would grind to a halt. You need to do some more research and apply more critical thought before you get swept up in others' angst . With more DB Schemes closed, and more pension fund holders taking their DC pots at 55 and needing platform to invest through, I think you'll find that the industry's best days are actually ahead of it.

I have detailed my view on this Board a few times over the years so a read back of previous posts would give you the nitty gritty. Suffice to say that I like businesses with low capital intensity, strong franchise, good management, and longer term growth prospects. Despite what many say here, IG is hedged in many cases as punters are simply trading with each other, with IG taking the spread and very generous (to IG) financing rates. Usually such stocks trade on expensive ratings, but recent regulatory worries provided an excellent buying opportunity, which I did. Stock is now more fairly valued, but the nice divvy keeps me in here. Fortunately, I have been classified as a 'professional' for IG's purposes and hence the collateral requirements are not an issue for me. I understand that more than 50% of revenues are now generated by Prof investors who won't see any reduction in business.

Finally, no-one is being 'rinsed' - emotive term used by people who make bad choices. Don't forget that the FCA investigated the industry, and all they've done is tighten up collateral requirements. If punters were being fleeced, don't you think they'd have done more? Bottom line is: Investors who put their own capital at risk should undertake all the necessary checks on the service they are taking, and what the underlying costs and risk are. IG's website is very clear on this issue.

* in indices