Good morning
Let’s see what the RNS has in store for us today.
Timings – writing until around 2.30pm today.
This list is final:
IG Group (LON:IGG)Safestyle UK (LON:SFE)Bilby (LON:BILB)Albemarle amp; Bond
IG Group (LON:IGG)
1st Quarter Results
Not a small-cap (market cap is gt;£2 billion), but as the share price is up 8% and it’s one of my larger holdings, let’s briefly discuss.
I have taken the view with this one that that regulations can’t get that much more strict. Indices are at 20:1 and FX is at 30:1, for example.
Other reasons for my bullishness:
Compliance costs from all the new rules and fewer trading choices for customers could make life even easier for the incumbents, by creating an environment where there is less competition and fewer new entrantsProfessional clients are unaffected by the rules, and the spread bet companies can focus more resources on them, instead.Let’s see what this Q1 update says.
The business has performed well in the first quarter benefitting from growth in the number of active clients, and from…
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