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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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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.

  • Epic Code:
  • IGG
  • Price:
  • 222p
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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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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