piw
27 Jun 2017
Video: IGR interview IG Design group’s CEO Paul Fineman and CFO Anthony Lawrinson talk about the Group’s Preliminary results for the year ended 31 March 2017.C. 8 min[link] Fineman, CEOIntroduction – 00:19Anthony Lawrinson, CFOFinancials – 1:48Paul Finemanfocusing on efficiency – 2:54Design – 3:59Regional Performance – 4:58Maintaining momentum (the period ahead) – 6:22The future (long term growth) – 7:49
IOMINVESTCOM
27 Jun 2017
Exceptional Results today. nb....brokers could be rushing out revised upward revisions trying to catch up on organic growth.atb
time 2 retire
15 Apr 2017
2 more awards+The Momentum Investor IG DESIGN GROUP UK AWARDED GOLD AND SILVER AT EFLA AWARDS[link] mentioned in Mays TMI publication[link]
time 2 retire
31 Mar 2017
Re: Another award nomination... Gold goes to I G Design Group...[link]
time 2 retire
29 Mar 2017
Another award nomination... [link]
IOMINVESTCOM
24 Mar 2017
Paul Scott's view IG Design (LON:IGR)Share price: 300.5p (+14%)No. shares: 62.6mMarket cap: £188mTrading UpdateIt's not difficult to see why the shares are up here today, with the following sub-heading to the RNS:Record revenue, delivering EPS, profit and cash generation ahead of expectationsAnd then, under "Financial Milestones":Group revenues are now expected to achieve record levels - exceeding £300m;Profitability expected to be ahead of current market expectations;Cash generation is well ahead of previously expected levels and such that the Board's target of average annual leverage at less than 2.5x EBITDA will be achieved for the year ended 31 March 2017 - two years ahead of plan.EPS is said to be "significantly ahead of market expectations", those expectations being in a 15.8-16.1p range based on November's upgraded forecasts.So if we add 10% on to that range (presumably a 10% beat would be significant?), we get EPS of 17.5p, putting the shares on a PE ratio of 17x.My opinionMy initial review of the company chimes with the Stocko ranking: above-average quality, below-average value, so at a quantitative level it's hard to see what makes this stand out as a potential investment:58d51d723490fIGR_20170324.PNGNet debt was recorded at £76.4 million at Sep 2016, and should have considerably reduced from that level over the course of H2. It still makes for a large enterprise value against earnings power.Given that the Board's target leverage has been achieved ahead of schedule, I'd expect them to be back on the acquisition trail again before too long.So perhaps you could make an investment case based on the company's recent successful track record in acquisitions. Not one for me, though.[link]
IOMINVESTCOM
24 Mar 2017
Re: Financial Year end Trading Update... Morning Time2retire,Yes, very good news - I was updating my chart for these and wonder whether on this news of revenue of 300m we see a share price test of 3.00 as well........[link]
time 2 retire
24 Mar 2017
Financial Year end Trading Update... All on track and way ahead of the game...Financial milestones-- Group revenues are now expected to achieve record levels - exceeding GBP300m;-- Profitability expected to be ahead of current market expectations;-- Cash generation is well ahead of previously expected levels and such that the Board's target of average annual leverage at less than 2.5x EBITDA will be achieved for the year ended 31 March 2017 - two years ahead of plan."The Group's upgraded trading profit, coupled with lower interest costs from a strong cash flow, are expected to yield a profit after tax and earnings per share outcome for the full year that is also significantly ahead of market expectations."
Yertiz
20 Mar 2017
Re: Tipped in this months Momentum Investor TMI and SCSW are from the same stables - so they were bound to tip this particular horse. Anyways, as TMI are not too bad in their recommendations (with several exceptions such as Cobham, Tullow, Brown.N, Chemring etc etc), I'll take the plunge later today or early tomorrow once the mild hysteria calms down. 265p would be a fair entry point, methinks.
time 2 retire
20 Mar 2017
Tipped in this months Momentum Investor [link]
time 2 retire
17 Mar 2017
Erin Borges & IGR Launch GoGo™ Gift Bags [link]
time 2 retire
01 Mar 2017
Tipped today in The Telegraph [link]
time 2 retire
08 Feb 2017
Grant Thornton Quoted Company Awards Paul Fineman wins CEO of the year award at Grant Thornton Quoted Company Awards 2017...[link]
Roger Baron
10 Jan 2017
Re: Napped Happy to remain invested in this share but very concerned about this discussion thread! In my foolish youth I backed too many" Napped" horses that fell at the first fence!
time 2 retire
09 Jan 2017
Re: Napped In horse racing terms a nap is when a tipster picks out 1 horse from the whole race meeting that he thinks is a sure fire winner.So in scsw case they have plumed for IGR as the share which they think will do best in 2017 out of their whole portfolio.
