IBI Group Inc T.IBG.DB.E

Enough is Enough

[gleninagh]

Time to  unload this piece of  s****.
Seems everytime they  post reasonbly good financials, its stock goes down.
I see no rally to above $15.00 but rather  a reversal to is usual $10.00 to $12.00 valuation.
I have  hung in long  enough, but  really see no upside from this point on. Sorry CR

[Calgaryrider]

To each their own!  It's clear people have started to trade around the earnings date in recent years.  I give things two weeks to let the resets get in / out and settle.   You've made good $$$ here. Good luck.  

[Possibleidiot01]

I could be wrong ( remember my handle) but I think gleninagh has not made good $$$ here. I seem to remember a conversation we had where he said he invested in the income trust days which explains his frustration. Also , been meaning to say CR that you deserve your success here :)

[gleninagh]

your are correct. i  am  just about at break-even. its taken a long long time to get here !

[brewster123]

Finishing above $14 is positive IMO.  I agree that once the churn is over in 2 weeks the SP should head back up and hopefully get past $15 before the next Q.

[Calgaryrider]

I just listened to the call (Transcript and Call link below). I can't believe that almost every analyst hounded them about 1% on EBITDA margins. It's ludicrous especially when management was very clear that it's just a timing issue and they'll catch up next quarter (i.e. now) and are still targeting EBIDTA growth next year.....16% and 17 margins were mentioend. It's crazy

[Possibleidiot01]

CR I read this quickly , without coffee,  but I did notice their vendors charging more for computional tools and a mention of compensation increases between 4% and 5% which would affect margins for more than one quarter. There  appear to be some offsets to these inflationary factors. PI