Updates

IG Group - Sales up 53% in H1

February 2008

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.

Financial spread betting firm IG has continued its remarkable purplepatch with its trading update for the six months ended 30 Novembernoting that sales have increased a remarkable 53% to Â£85m. IGâ€™s financial division is expected to show growth in excess of 58%and has experienced record levels of transactions and new accountopenings throughout the period. Both the spread betting and CFDoperations have also performed well. Internationally, the picture is also rosy with both itsestablished Australian division and start-ups in Singapore and Germanygrowing well. Meanwhile new offices were opened in Madrid and Parisduring November while IG now has a foothold in the US following itsrecent acquisition of Hedgestreet. ...

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Petrofac - Shares soar over 50p

WSP - Prospective PE just 10.4

IG Group - Big rise in account openings (September 2009)

IG Group - Volatility triggers higher bad debts (January 2009)

IG Group - Large eps enhancing acquisition underpins forecasts (November 2008)

IG Group - Bounce provides profit-taking opportunity (September 2008)

IG Group (July 2008)

IG Group - Market volatility driving growth (April 2008)

IG Group (March 2008)

IG Group - Bolt-on acquisition in US (January 2008)

IG Index (October 2007)

IG Group - Market volatility boosts trading (September 2007)

IG Group - Turnover jumps 35% (July 2007)

IG Group (March 2007)

IG Group - Positive trading update (January 2007)

IG Group - Shares hit new high (November 2006)

IG Group - Spread betting firm accelerates overseas expansion (October 2006)

IG Group - Spread betting firm generating a 54% operating margin (September 2006)

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.

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