Gulf Marine Services – after previously 'announcements escalate dispute with Seafox International'...
The Italian Job Supply@ME Capital: 8 billion euro funding by buying a bank: this is just plain fantasy
Hello Share Snafflers. Do you recall the Beaufort Securities crash in which it was initially warned that some customers would have to pay for some of the huge administration costs from their ‘ring-fenced’ accounts? After that shock, some of us were unhappy to leave all our shares with one broker. So we also signed up with other companies. One which I chose for its high degree of security and the ease of its customer services was IG Group (IGG). I’ve been very happy with the result and can now, during the virus crisis, recommend that you might research buying shares in the group. And this is why...
Hello Share Twizzlers. I've not had much success with my spread betting exploits. I've had three goes with three different companies, but this kind of investing, if investing it is, has seen my original stakes disappear. And rather quickly, too.
Commenting on fund manager Ashmore (ASHM) recently, I noted the “dirty little secret” that investors often do better by investing in the financial sector directly, rather than by using the financial sector’s products. In this regard, I mentioned “fund management companies – and the very occasional spread betting company”. At the back of my mind, I was certainly thinking of my old favourite, spread betting giant IG Group (IGG).
IG Group (IGG) is a company I’ve long admired and whose shares I’ve occasionally purchased on behalf of those I’ve worked for. It’s a truly unique business and has ploughed its own way through financial market volatility, achieving record results. The only question remains why so many of us who occasionally use this type of service, and so understand how the business works, aren’t invested in it too.
Two profit warnings by spread betting companies last month caught my eye. First, London Capital Group (LCG) blamed poor trading activity in March as being responsible for an 11% drop in spread betting and CFD trades compared to the year prior. Next, IG Group Holdings (IGG) blamed relative weakness since mid-March’s Interim Management Statement for “generally subdued” trading. IG Group noted that “the relative weakness [was] most evident in May”. But what do these warnings say about general conditions?
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