Secondary Recommendation

IG Group - Spread betting firm generating a 54% operating margin

September 2006

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.

IG Group, which is the largest UK provider of financial derivatives such as spread betting, is a company very much on a roll. Founded in 1974 by leading Conservative party donor Stuart Wheeler, IG originally provided clients with the opportunity to by-pass strict exchange controls and place bets on the price of gold. It followed this up by offering to take bets on the old FT30 (predecessor to FTSE-100) in 1982 and by the time it pioneered the idea of spread betting on individual publicly traded shares through its IG Index brand, it was well on the way to becoming a very profitable company. Helped by a number of aggressive advertising campaigns, IG has seen its turnover increase from £33.5m to £89m in the last four years, whil ...

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Cranswick - Excellent earnings record for premium pork product supplier

Finsbury Foods - Lowly prospective PE of 9.3

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 - 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)

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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