30/8/17

Trade 4- IG Design IGR. £3 at 388p (dec 17),  SL 312. Growth company.

Reasons; I had dismissed this company as an investment in the past, thinking it was a commodity type industry. Now I've looked at it more carefully, it seems to be a design company. This might not give it a strong moat, but it has something.
Fundamentals; p/e 18, peg 1.1, eps rolling 21%, forecast 1yr- 30%, 2yr- 11%. Y 1.5%, SR 95, ROCE 15%, cr 1.4, Z 5, pit 7. Eps cagr 4yrs 19%. Outlook (29/8) positive, no director buy/sell, news/research good.

So this is about a 20% eps grower with appropriate p/e. Outlook 29/8 positive. Seems like a good candidate for short/medium term trade.