Updates

IG Group - Bounce provides profit-taking opportunity

September 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.

Although shares in financial spread betting firm IG have been under pressure, investors have forgotten that it makes good money in periods when markets are volatile and this was confirmed by another positive trading update that accompanied its final results. For the year to 31 May revenue rose 51% to Â£184m, while pretax profit rose 41% to Â£97m. Eps were up 41% to 20.3p. However, what brought most joy was the news that IG reported another record month for revenue in June, beating the previous record set in April. One of the most impressive statistics is that last year IG recruited more than twice the number of spread betting and CFD clients compared with the previous year and well over three times that achieved in th ...

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Domino's Pizza - Well heeled consumers trade down to pizza

Petrofac - Acquisition broadens service range

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 (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)

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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