Decent results out today and a good divi 11p (not checked the cover yet though), has and should benefit from an up and down market.

Worth keeping an eye on perhaps, what do you think?

In and out for a respectable profit in 2 days, this one has possibilies I tell ya.

http://www.moneyam.com/action/news/showArticle?id=5487660 A Director taking a capital gain before ex-divi I assume.

RBC note today:
While our FY17E forecasts are broadly unchanged, we reduce our FY18E/19E EPS forecasts by 20%/12% mainly because we bring revenue/client down again, particularly in the UK (we still, however, forecast client growth, even in the UK). Thus, this remains a risk: should IG experience a contraction in the number of clients, the risk for our forecasts remains to the downside. It is our opinion that IG will be able to offset some of the anticipated revenue decline with cost reductions, and after growing underlying operating expenses by £32MM, or 13%, in FY17, we forecast underlying operating expenses to decrease by 5% in FY18, and then fall another 5% in FY19.

We do not believe that further analysing the pending regulatory change will provide any additional clarity. Unfortunately, this overhang will likely persist as (1) the final regulations are announced (spring 2017), (2) the regulations become effective (likely summer 2017), (3) IG reworks its product offering, and revenue and profits decline (H1/FY18), (4) financial performance stabilisation occurs (H2/FY18 at the earliest), (5) a financial recovery occurs (FY19 at the earliest). In addition, it is likely in our opinion that further adverse regulatory measures will be implemented in some of IG’s other operating geographies.

Price target increased 2% to 510p on higher valuation multiple. We still believe that a discount to IG’s historical forward trading multiple is warranted to reflect impaired earnings visibility and the potential for further adverse regulatory change. However, it is now our opinion that our FY18 forecasts are in the right ballpark (we still have low conviction in our FY19 forecasts), and thus we increase IG’s valuation multiple to 12x from 10x. We believe that a multiple between our previous valuation multiple (10x) and IG’s longer-term forward P/E multiple (15x) is now appropriate. We continue to incorporate surplus capital in our valuation.

The key reason we downgrade IG to Underperform is because our 510p price target is below the current share price, despite assigning IG a valuation multiple 20% higher than our previous multiple. We believe that the current share price has yet to fully reflect the numerous challenges the business will encounter. Our Underperform rating is based upon (i) regulation contagion to other geographies is likely, (ii) client contraction is possible, yet we do not forecast it, (iii) the dividend policy could be maintained, which would result in a dividend cut, and (iv) financial performance stabilisation and recovery could take longer than we envision.

Took advantage of this mornings dip to buy in again.

Advice required chartists, any comments on Igg at the mo?

Looks like a cross section of the digestive system, if that helps? ;o)

Thanks Harry as you say nothing to see there.

Black Rock add to their above 5% holding.

That chart looks ready to break one way or the other!

Well I hope you're right Skinny as I'm down on these.

Black Rock at it again

Black Rock go above 10% http://http://www.moneyam.com/action/news/showArticle?id=5516644

Trading statement http://http://www.moneyam.com/action/news/showArticle?id=5517997

Bit of a shock down 5%!

One of the few rises today on my list so sold out.

Pre-close trading update http://www.moneyam.com/action/news/showArticle?id=5558358

Looking tidy.

Black Rock Inc. go below 10%... I think but work it out yourselves http://www.moneyam.com/action/news/showArticle?id=5570490

Finals:http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/IGG/13298142.html

Up nearly 9%!

Back in again.

Out again.