Sig Share Discussion Threads

[cockneyrebel] 30/10/2015 14:20

Bouncing on good volume today imo.

C

[sleepy] 22/10/2015 15:37

Profits are well up?

[rburtn] 22/10/2015 15:16

This was not a profit warning in fact profits are well up. Certainly no grounds for a dividend cut. Massively over sold, I've not been fooled and have bought some more.

[kingl] 22/10/2015 13:19

Well nobody will be surprised that I'm not surprised.

My long term valuation of 75p per share remains. It's no coincidence that it's the same price as the heavily discounted rights issue in 2009.

[ianio5691] 22/10/2015 12:20

23% drop....Ouch...!

[puzzler2] 11/8/2015 14:49

I've met some of the senior managers and a director of this company - I wouldn't say that they impressed me with their ability to manage change.

[kingl] 11/8/2015 13:36

I remember the days when builders merchants would trade on PEs between 8 and 12.

[puzzler2] 11/8/2015 13:26

Down 3.5% as I write this, so the market doesn't necessarily agree with Panmure. Forward P/E remains too high for this lacklustre business imo.

[kingl] 11/8/2015 12:24

IN THE KNOW: Panmure Keeps SIG At Buy As It Makes "Clear Progress"

I realise that Panmure are the house broker, but if there's one thing that this company has never been it's "clear".

[puzzler2] 11/8/2015 10:05

Results today not as bad as I thought they might be - closed my short quite soon after open for a small profit.

[bakunin] 11/8/2015 10:01

Customer service at this company is atrocious. Distributors don't answer repeated email queries, phone is never answered. The only building materials company in my experience to not give prompt technical information to prospective customers about their products. Insulation, after all, does require some technical knowledge and requires a certain amount of "evangelising".
They appear to just assume business to come their way. Not a proactive company.

[puzzler2] 08/8/2015 18:13

In fact, on re-reading the RNS, Blackrock's notification was on 5 August and the company delayed releasing it until just after mid-day on Friday 7 August - very strange.

[puzzler2] 08/8/2015 18:08

So Blackrock think it's OK, do they, to reduce their shareholding and cross the 10% threshold on 14 October 2014, but notify the market on 7 August 2015, 2 working days before the half-year results announcement. Something definitely not right about this.

[extrap] 06/8/2015 11:16

The forecast P/Es for ends of 15/16 are around 15.7/13.2 based on, amongst other things, improving conditions in Germany and France. That is what the current price is reflecting.

[puzzler2] 05/8/2015 12:18

TPK reported yesterday - improvement was relatively modest c/w H1 last year. If that same performance is replicated here when SIG announce their half-year results next Tuesday, then I can't see a P/E of 37 being justified. Overpriced imo - small short opened today which I may increase over the course of the next few days.

[puzzler2] 03/8/2015 18:20

TPK HI statement due tomorrow - nearest competitor to SIG imo, a solid performer and a company with an increasing profit trend, rated on a trailing P/E of 21. Meanwhile, SIG, that has had a questionable time over the last 4/5 years, is rated on a trailing P/E of 37. Any views on whether it is likely report (in a week's time) that all is moving forward well? Sort of think it needs to show that its troubles are behind it, to justify this rating.

[mattjos] 21/4/2015 21:24

Delivered some of our machines into SIG yesterday .. They have taken over the old Eurocell factory in Derbyshire where they are building big pre-fab buildings. Impressive ramp in production from the previous site close-by, based on strong demand

[bigdazzler] 16/2/2015 18:18

Was just revisiting this and like the look of it.

I am hoping for a return to the recent highs of £2.20. First I was hoping for a retest of support of around £1.73 but I not sure that will happen as results are due in the next few weeks.

However much more important than short term noise ( in comparison to what I'm about to talk about) is what I believe is a multi year accumulation zone. The range of this zone is well over 4 years from around 2009 into 2013.

This created a trading range which was broken in 2013 and there was what I consider a successful test of what was previously resistance and now support in late 2014.

This was further supported by a bounce off a rising trend line on a 12 monthly RSI which I use on my long term charts.

This gives me an initial target of £3.00 but as the accumulation zone is long I would expect price to go higher and this to be a minimum.

Clearly a long term trade but one I consider to be a 'safe' steady trade.

[sjc] 07/2/2015 15:16

Just parking please ignore
free stock charts from uk.advfn.com

[sjc] 21/1/2015 14:01

new high, great chart,ims due Feb.
free stock charts from uk.advfn.com

[jeffcranbounre] 13/1/2015 16:11

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Quindell #QPP
Tesco #TSCO
Entertainment One #ETO
Afren #AFR
Greggs #GRG
ASOS #ASC
Pace #PIC
SIG #SHI
Debenhams #DEB
Meggitt #MGGT
Michael Page #MPI
Spire Healthcare Group
Morrison #MRW
Standard Chartered #STAN
Ashmore Group #ASHM
Big Yellow Group #BYG
UK Mail Group #UKM
Carr's Milling Industries #CRM
Antofagasta #ANTO
Debenhams #DEB
Cineworld Group #CINE
Kazakhmys #KAZ

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[luckymouse] 05/12/2014 12:25

05-Dec-14 Citigroup Buy 205
Buying volume spikes - city traders hitting?

[bigdazzler] 04/12/2014 08:57

And closed out on the short term. Another nice little profit. Will hope to go long again soon.

[bigdazzler] 19/11/2014 10:52

Gone long on this one. Looks to me that the price has bottomed out.