IG Design

IG design group tipped off brokers that they were only going to achieve slightly above break even for the full year. The market didn't seem to twig this and took the shares up at least 10%. I think people need to be quite careful with this one because it also indicates that it needs to do a full refinancing now what does that phrase mean full refinancing? It's heavily reliant on big seasonal bank lending so I think you need to be again a bit careful with IG design. K ETL dropped about a third on a profit warning  I don't like the share I'm sorry I've never liked it I've listened to the bull case on this we had an interesting debate