Sigmaroc Share Discussion Threads

[flashheart] 05/1/2017 07:57

Would be worth doing so. TDW showing opening spread as 45/47 so a premium already.

[zcaprd7] 03/1/2017 20:52

Anyone going to try and buy a few more at relisting?

[ieh fan] 03/1/2017 13:54

All resolutions passed.
Trading resumes Thursday at 8am.
GLA.

[flashheart] 02/1/2017 20:33

It's re-listing on Thursday.

[zcaprd7] 02/1/2017 19:59

I think we have our deal signed off this week?

[ieh fan] 29/12/2016 17:45

Probably not. It just tickled me as a name. Nigel in speedos with Pamela Anderson and The Hoff.
I would imagine Mr Wray has a rather impressive list of contacts.

[zcaprd7] 29/12/2016 17:37

No. Is that a thing? I read it in the telegraph, as I did with sigmaroc, maybe his journalist is his mate?

[ieh fan] 29/12/2016 15:32

Thanks Z. They're now on my radar too.
Are you on Wraywatch? :)

[zcaprd7] 29/12/2016 14:15

Looks like they used this thread to throw that together! Good summary though. Whilst we wait, I noticed Wray invested in another shell company, similar to Sigmaroc, but with medical devices. Listed today, I've had a little punt, Derriston, DERR. Just set up a thread with the telegraph article...

[dell1234] 28/12/2016 14:28

SigmaRoc in new issue of Shares magazine

[ieh fan] 20/12/2016 14:11

Miton have had a load of HMI in one of their small-cap funds all the way from 4p to 22p.

[zcaprd7] 20/12/2016 13:59

Blimey. Pula is Mr Lansdowne! Guernsey-based businessman Stephen Lansdown trebles stake in RavenscroftThursday 6 August 2015The Guernsey-based co-founder of the financial services company Hargreaves Lansdown has trebled his shareholding in Ravenscroft Limited.Pula Investments Limited, Mr Lansdown's family office has increased its shareholding in Ravenscroft, the Channel Islands only independent stockbroking and investment management firm, from 9.36% to 27.86% at a cost of more than £9m.

[zcaprd7] 20/12/2016 13:57

Full list of new holdings post deal :Post Admission: Bailiwick Investments Limited - 13.4% Pula Investments Limited - 12.2% Miton Asset Management - 9.8% Nigel Wray - 8.1% Legal & General Investment Management - 6.7%David McErlain - 4.9% Jeremy Peace - 4.9% Albert E Sharp - 3.3% Going to check those first 2...

[zcaprd7] 19/12/2016 17:13

The well-connected Jersey investors are encouraging for maxing out the value of the new company...

[zcaprd7] 17/12/2016 21:00

Martyn Scriven is a jersey ex barclays chap :http://www.jerseyhomestrust.org.je/the-trustees.html

[zcaprd7] 17/12/2016 20:56

Melissa is an interesting old bird :http://www.bloomberg.com/research/stocks/people/person.asp?personId=8512119&privcapId=7658010

[ieh fan] 16/12/2016 13:59

You're very welcome.

I'm a buy me some more when this resumes trading.

[nel400] 16/12/2016 13:54

Excellent. Many thanks

[nel400] 16/12/2016 13:54

Excellent. Many thanks

[nel400] 16/12/2016 11:47

It makes a nice change to feel invested in a 'sensible' RTO.I can see Melissa Sturgess with a 10.97% holding but I can't see Nigel Wray. Is it possible to put up a link to the page you are looking at please?Many thanks.

[zcaprd7] 16/12/2016 09:46

Indeed, Britain's Warren Buffet, Nigel Wray...

[ieh fan] 16/12/2016 09:16

Have a look at the list of those holding shares & %'s post consolidation/placing.

[ieh fan] 15/12/2016 13:58

Nicely picked out, zcaprd.
Doesn't sound like an instant money-spinner for current shareholders, but a positive first step towards a sustainable business model.
You'd imagine that planning application to increase the size of the quarry is important to driving higher revenues and profitability.

[zcaprd7] 15/12/2016 12:02

The admissions document is a good read. Looks like a great deal. Ebitda is £5m. And no debt, so the next deal can be financed without significant dilution. Also, they bolster their management team:2. Key investment propositionThe Directors believe that, following the Acquisition, the Enlarged Group's key strengths will be:? Ownership of a self-sustaining profitable operation, with a long-term track record, which generated£5.0 million EBITDA and £5.4 million net operating cash flow for the year ended 31 December 2015.The Board believes the Acquisition will provide a cornerstone business, offering immediate scale tothe Company, revenue diversification and the opportunity for the Company to partially fund futureacquisitions.? It is the current intention of the Directors to pay out a dividend to Shareholders as appropriate withregard to the Enlarged Group's future acquisition strategy and dependent on available cash resources.? A committed Board and management team with proven experience in the construction materials sector,including within Aggregate Industries itself, contributing significant existing knowledge of Ronez'soperations.? Significant operational experience via the retention of Ronez's management team, adding over 60 years'experience in operating and maintaining assets in the sector. Given their experience, Ronez'smanagement may be involved in appraising future acquisition opportunities.? Jersey and Guernsey are both stable and developed jurisdictions with governments committed toensuring local supply of aggregates and construction materials.? Ronez is the market leader in the Channel Islands where there are high barriers to entry and the Board,along with the existing management of Ronez, believes there is potential for increased efficiencies.