Primary Recommendation

IG Design - Celebrations & giftware firm eyes new era of high octane growth

April 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

It’s not often that we come out of a meeting so enthused with a company’s prospects that we immediately wish to inject a chunk of the TMI portfolio’s cash, but that’s exactly what happened when we met Paul Fineman, CEO of AIM-listed IG Design. The company was formerly known as International Greetings (until a name change last June) and became a diamond for investors in the late 1990s and 2000s through an acquisition fuelled strategy that broadened its product range from gift wrap to gift bags, crackers, greetings cards, party ribbons, balloons and so on. Nevertheless, some of its deals were badly judged and by the time Fineman became CEO in 2009 he had to dig it out of a super-sized hole, following a thumping loss and mounting debts the ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Dunelm - Four directors buy shares after unjustified de-rating

IG Design (December 2020)

IG Design (November 2020)

IG Design (October 2020)

IG Design (June 2020)

IG Design (May 2020)

IG Design (April 2020)

IG Design - Falling debt provides firepower for another eps enhancing acquisition (January 2020)

IG Design (November 2019)

IG Design (October 2019)

IG Design (August 2019)

IG Design (June 2019)

IG Design (March 2019)

IG Design - Upgrades guidance again (January 2019)

IG design - All regions growing (December 2018)

IG Design - Transformational US acquisition (October 2018)

IG Design - Shares hit £5 (August 2018)

IG Design - New high of 468p registered in month (June 2018)

IG Design - Brokers upgrade again (March 2018)

IG Design - Breaks through £4 (January 2018)

IG Design (November 2017)

IG Design - "Order book at record levels" (October 2017)

IG Design - Another upgrade to forecasts (August 2017)

IG Design - Trading significantly ahead of forecast (May 2017)

International Greetings - Net cash jumps to over Â£10m (August 2004)

International Greetings (February 2004)

International Greetings - Becoming cash cow (August 2003)

International Greetings (January 2003)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X