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IG GROUP HOLDINGS PLC (IGG)     

Stan - 21 Jul 2009 11:06

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?


Chart.aspx?Provider=EODIntra&Code=IGG&Si

Stan - 24 Aug 2012 09:42 - 27 of 187

Hold up boys! just seen the Divvy Cover:http://www.moneyam.com/fundamentals/index.php?display=dividends&stockCode=IGG 1.5 Cover is usually considered a minimum, so I'm currently hesitating until I know more.. what da yar say?

HARRYCAT - 24 Aug 2012 10:54 - 28 of 187

PE of 11.4, Div cover of 1.7,, Div yield 5.2%, EPS growth f/c 1% for 2012/13.
It's just my intention to try and get in as low as possible, get the divi and get out pdq, but if I get in and show enough of a profit before the divi, then I will sell. I agree that post divi, the sp will probably take a biggish hit.

Stan - 24 Aug 2012 12:25 - 29 of 187

Where did you get those numbers from H, are they up to date? as mine are from Thomsons and I had assumed current.

HARRYCAT - 24 Aug 2012 12:52 - 30 of 187

They came from digitallook.
I checked with LSE web page and figures are very similar. Div cover is 1.68.

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B06QFB75GBGBXSTMM

halifax - 24 Aug 2012 13:19 - 31 of 187

HARRY IGG dividend policy is to pay out 60% of diluted earnings per share, so dividend cover should always remain around where it is now.

HARRYCAT - 24 Aug 2012 13:58 - 32 of 187

Cheers h. Sounds good to me.

Stan - 24 Aug 2012 15:13 - 33 of 187

Cheers H, Me to, consistent over the years as well.

Balerboy - 30 Aug 2012 19:37 - 34 of 187

took plunge and bought at 426p doesn't seem to want to drop anymore and Sept coing up fast.,.

HARRYCAT - 30 Aug 2012 20:17 - 35 of 187

Yes, I think you may be right Bb. Am still watching and hoping to buy at 420p, but it's just me being bloody minded really 'cos I don't think 6p is going to make a great deal of difference in the long run. Just satisfying to buy at the bottom!

parrisf - 30 Aug 2012 20:36 - 36 of 187

Also waiting for 420. Nice divi 16.7p a share. All the best Balerboy.

chuckles - 30 Aug 2012 21:38 - 37 of 187

I'm cleanng IG out, go short if I were you.
Apart from that it's a short from 450-460p anyway.
Ta da!

HARRYCAT - 30 Aug 2012 21:46 - 38 of 187

I tend to agree, which is what I said in post #28, but to be short pre divi seems a bit risky, imo.

Balerboy - 30 Aug 2012 22:52 - 39 of 187

I'd be quite happy with 450-460p thankyou.,.

Balerboy - 31 Aug 2012 09:07 - 40 of 187

Going well this morning, already 431p.,.

HARRYCAT - 31 Aug 2012 09:58 - 41 of 187

Selftrade broker consensus has a 515p target.



Stan - 31 Aug 2012 10:36 - 42 of 187

Yeah.. but when? -):

Balerboy - 31 Aug 2012 13:36 - 43 of 187

on the 26th sept.,.

HARRYCAT - 31 Aug 2012 13:55 - 44 of 187

I should think you are feeling pretty happy with your purchase Bb? Sp all over the place this morning but looks like your entry point won't happen again now. I might have to be content with 429p!

Balerboy - 04 Sep 2012 11:05 - 45 of 187

Trading statement on 11th Sept.

HARRYCAT - 05 Sep 2012 08:56 - 46 of 187

Ugh! 425p.......wasn't expecting this drop.
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