Updates

IG Group

March 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.

The high market volatility of recent months has really played intothe hands of spread betting operator IG and following on from itssparkling pre-close trading update, it has now released a cracking setof results for the six months ended 30 November. Turnover rose 54% toÂ£85.8m, while pretax profit increased 63% to Â£48.2m. Eps jumped 61% to10p. While IG clearly has a favourable tail wind it also stressed thatmuch of its growth is done to underlying business expansion. Forexample, two years ago it was opening an average of 650 UK spreadbetting and 350 contracts for difference (CFD) accounts per month.Those figures are now running at 1,900 and 1,400 respectively, with IGbelieving that this simply reflects the fact that more people w ...

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Peter Hambro Mining

TMI Trader Portfolio - March '08

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 - Sales up 53% in H1 (February 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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