Member Info for stevegrass777

Another nice deal done, Mr Habib getting the deals done again.

Only just had a look last night,very pleased with the progress here,fantastic set of results!!!

With the nav increase the fund management business is in for free. On the conference call I managed to get through and asked if the fprop office fund had contributed any profit and they said because of the stamp duty paid (on commercial property I think you pay stamp duty on purchases) we had no fee profit in the results,and I said will we be paid in arrears and they said yes. So as you have said we haven't had the profits in from the increased assets under management yet,but thy will start to come in eventually,but the markets aren't very patient as you probably know,so there is opportunity here for patient investors as the share price doesn't seem to reflect this. Also debt is slightly down and dividend is up,aum has gone up considerably so it looks good to me.

They seem to be be doing well. The trading update was very good from what I saw. I wonder what the US numbers will be like when it starts in 2019

I have just sold 4k, although I do need that to finish my extension off. I still hold a lot more here.

I know we are due a trading update tomorrow, but I have been wondering if the new line in crypto currency is sustaining higher levels of trading than previously expected, as the share price is doing very well at the moment.

I did hold Lloyd's once, never again lol. The ceo made a deal with Gordon Brown to take over the biggest basket case bank the UK had ever seen against the shareholders interests, ethical.? As a shareholder I didn't think so. PPI that wasn't ethical either, getting insurance premiums off people who it would never pay out. Ethics is in the eye of the beholder I suppose. Although I will say that I think you are very bias in your IG index assessments, and you have had written evidence from the annual reports that say IG hedge or match something like 98% of all trades, in fact just recently they were talking about the new line in trading bitcoin and how they hold very little position in bitcoin as they match and hedge it. So I think that's been pretty much disproved, as we have no written evidence of that not being true. Used in a risk managed way I'm sure they have plenty of people making money on the platform and they could always change to the very cost effective share dealing account if they don't trade profitably using the spread betting option, You have to remember the customer has lots of choice and if they continue to trade unprofitably and don't assess there risk taking then that's up to them, let's face it the government has the Lottery that some plough �50 a week in plus and get very little back for it, at least if used correctly the IG platform can be used to lower Risk and you can trade in a manner that balances risk and reward, the trouble is the few that want maximum Risk reward and loose out are the ones that shout the loudest. I am a happy holder here and as ethics are concerned I find holding IG no worse than holding banking stocks with the 24%+ Apr on credit cards and minimum payments low enough to guarantee a fast rising debt surely follows, while paying %1 or less to savers and charging for packaged accounts that give less than useless benefits. I also don't like the off balance sheet stuff that plagued the banks when the crisis happened and I'm sure they are still allowed loads of off balance sheet stuff that makes them hard to value. As a mainly long term holder of shares limiting gains to 40 odd percent doesn't make sense for my holdings. My apple is up over 200% but this is spread over 5 years probably, IG is around 60%, I tend to try and buy fallen stars with 1st class business. You can see most of my purchases as I normally put them on the iii bb's under shareordie because documented purchases are better than saying you bought xyz at 2pence 4 years ago and are up a gazillion % but forgot to say you bought in on any BB.

Well he seemed to talk himself into a corner, yes Igg doing very well at the moment, it's a quality company and has a lot going for it. I think it's a trading update on the 23rd.

I see Berkshire Hathaway has been buying more Apple stock, I think it was another 70 billion or so on top of the 100 billion already bought.

http://www.thisismoney.co.uk/money/markets/article-5735091/Paddy-Power-Betfair-talks-buy-based-FanDuel.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490 I wonder if this has any positive implications on IG doing business in the US. Share price seems quite positive

S.T often ups the target price if other news comes forward and the price target is met. In my opinion we haven't had any profit from the Office mandate yet and when that eventually turns up it should add more value here so 65p is a good target for now.

Had a quick look, Dividend is up, data center should return to growth. Sounds good to me. A very good solid dividend payer and I'm happy to hold

Well it was very cheap and I saw it as a hedge against a market fall as they hold lots of gold,and it pays a dividend unlike a pure gold etc. Good progress here with the company and with the shareprice.

Yes,it�s about time the share price reflected the progress made on the business. I feel this is one of my best holdings and have upped my holdings a few times.

I read the article and agree,65p is a good start and I believe the future for first property is very good.

http://www.cityam.com/285006/plus500-shares-soar-revenues-rocket-back-cryptocurrency I think IG have a bigger market share of Crypocurrency trading than plus markets.

In price here over the last few days,I believe Plus500 have had a good update and broker upgrades,trading in bitcoin has been very good in the first part of the year. Very happy to hold this company and hopeful that trading is looking good.

ESP doesn't have high debts, LTV is 30% or there abouts from memory, the bod will only get bonus if dividend cover is achieved. Also NAV is well above share price, so if everything was sold and proceeds given to shareholders right now we would receive well above 85p a share. A few hiccups here,but a bod clear out and a good plan to cut running costs and we will see dividend cover and nice profit in my opinion.

ESP doesn't have high debts, LTV is 30% or there abouts from memory, the bod will only get bonus if dividend cover is achieved. Also NAV is well above share price, so if everything was sold and proceeds given to shareholders right now we would receive well above 85p a share. A few hiccups here,but a bod clear out and a good plan to cut running costs and we will see dividend cover and nice profit in my opinion.

If this guy had his hand in developing the platform that IG uses then its a loss for IG to loose him,but it takes a long time and a lot of money to develop a brand like IG .