Member Info for samb69

CITIGROUP CUTS CAPITA GROUP PRICE TARGET TO 105 (130) PENCE - 'BUY'

Even their downgrade is more than double the current share price. Hopefully we see upward momentum soon.

I bet we see a new increased holdings RNS soon..

This hit around £2 in the middle of the pandemic and hopefully should get back to that level before any news on the SFO.

If this is where the share price is headed then I'm surprised that IG are still letting you short it. Any explanation why it hasn't dropped a lot more?

Sigh of relief..
An upbeat RNS and positive outlook. We should now see the back of below 30p share price and build towards 60p.

Hoping the results are good and we can leave the mid 40's once and for all!

Strong results posted by Serco and they are resuming dividends. Hopefully cpi results will surprise too.

I think even ftse 100 Evraz is on the list.

Johnyc
No one wants to use 100% margin but still worth it if you make profits as it's tax free.

Ig clients are having to put up 100% margin on petrofac by Friday and forced closure by end of March. This may be impacting the price if IG are reducing their hedges in the market.

My IG crm rang to basically tell me what the link Pokerchips has posted. As per the article he sent me a form for title transfer of my account. This would mean all the stocks on the list would need 50% margin as opposed to 100% and that I could keep them open indefinitely without having to close them by the March deadline.
Risk is that if IG go belly up you stand to lose all your money..
Some people are going to be really screwed by IG.
Imagine if you are sitting on a loss on 3 or 4 of the stocks on the list . They want you to fund each with no margin by 26th Feb and then close the position by end of March.

Totally outrageous if IG force clients to up margin to 100% or close their exisisting positions. You could have unlimited funds to cover any losses but potentialy
Still have to take a loss because they don't want to hedge in the market!

It's a misconception that spreadbetting & cfds involve any actual buying and selling of real shares in the market.
IG hedge their book buy monitoring the longs v shorts on individual stocks. At a high level, if say long positions equal shorts they don't have to go hedge anymore.
If the book is skewed highly in one direction then they may decide to go into the market and hedge that stock.
Hedging in the market costs IG money and reduces their profits so they don't want to do this if they can avoid it.
Looks like they are heavily skewed on the long side on many shares like PFC and would rather close the book than go into the market to hedge their risk...

My crm usually calls straight away if my account is going to affected in anyway. That's why I don't know the original post is true regarding IG are giving 30 days to close pfc positions.
Oh well..will find out in the morning.
They make their money on the spreads..huge amounts.. So not being profitable is not the reason. I have not seen the list. Have you got a link? Thxs

That's the whole point...I don't want to close it.
Margin is not the problem.. Missing out on large tax free profits is a big issue for me and others.
I don't know what IG are playing at..

So the post was in fact correct?..he just didn't specifically say spreadbetting and cfd.
I think most people link IG with leveraged products. Shame it got removed as it highlighted
Something that I and many others would be affected by. I have a very large long sb pfc position and would be very very ****ed if the bit about having to close it is in fact true.. have emailed my crm this evening to find out what is going on...

Which bit was factually incorrect?
I didn't even know that IG stopped taking new spreadbet postions until I looked into the original post.. I take it you reported it?

Why has the whole thread just been removed?
Strange...

What happened to his sentencing?
Really strange that nothing being reported on what has happened.

must be criminal, some of the goals he scores! lol..

10 T20207092
Mohammed Anwar Saleh