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SIGG Signet Gbl GBP

57.50
0.00 (0.00%)
19 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Signet Gbl GBP LSE:SIGG London Ordinary Share GG00B1GJQ984 ORD NPV GBP
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 57.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Signet Gbl GBP Share Discussion Threads

Showing 351 to 374 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
14/1/2013
08:49
There is a 100k on offer at 55p at the moment, but he will move in the last few seconds to match business if they want to trade. If others match him he will gladly soak up the buyers.
tiltonboy
14/1/2013
08:34
Hi tiltonboy, may I ask you at what level do you see the seller this morning, if it's there?
langbarb
14/1/2013
07:26
ram,

I did indeed, and posted in respect of that payment on one of the threads. I held the Zero's and the Units, so my exposure to the part that paid the liquidation payment was limited. For those that held purely Ords it would have been a very welcome receipt.

There have been a few small payment in the last few months, so it probably marks the conclusion of the VAT repayments. Money also received from PDT, ELIZ, and Premier High Income.

tiltonboy
14/1/2013
02:06
Hi tilton,

yes i've not really been an active player on the investment trusts for a few years as have been holding a bunch of private equity ones since 08/09 and waiting for the discounts to come in. This is nearly played out now.

Going back a bit further to the splits, did you ever hold Murray Global (MGB)? The other day, out of the blue, I received a final liquidation payment from it and for a reasonable amount. It delisted at the start of 2005!


deepvalueinvestor, thanks for your reply (post 323) re Weiss and Gottex.

rambutan2
13/1/2013
01:08
It came through as 0-2 on Final Score too Tilts. Didn't even realise it was 1-1 till I saw this. Sickener...

No worries re: post 353. Such things are out of my hands but I'm going to confront the 'powers that be' with a view to rectifying the situation. The words 'bang', 'wall' and 'head' spring to mind.

Lesson for the day: Don't agree to a 40-mile cycle via the Peak District using a clapped-out mountain bike, thinking you can just 'wing it'.

hezza123
12/1/2013
20:05
Absolutely gutted today, conceding in the 94th minute. To make it worse the BBC videprinter came up 2-0 to Blues with Gomis getting the second. Our young kids are doing incredibly well at the moment, but we cant hold on to a lead.
tiltonboy
12/1/2013
17:05
I think our thoughts are aligned. I met Bill recently, and he didn't look well. He will not be any better after today's result!
tiltonboy
12/1/2013
16:35
I admire your patience but I feel sigg are so cheap that I simply don't dare wait. By the way, can I have your thoughts on my ramble on SHA board? I know some Chartists who feel things are going to get very rough very soon. I am moving slightly underweight equities but not pushing the panic button just yet.
deepvalueinvestor
12/1/2013
15:59
dvi,

You make some valid points. In terms of putting business on shortly before the auction, I only do this when trying to match something that is up there already, and will put it on with literally seconds to spare, just in case somebody tries to beat me. If I have a limit, I am happy to leave it up all the time.

My real frustration lies in those trades done a matter of minutes away from the auction, and at poor prices. I understand that for an order received at 1115 it is taking a risk waiting until the 1500 auction to try and match business. However, when you watch a stock closely, you can sense when the seller will play. In the case of SIGG it was size not price that mattered, with the seller even happy to take below the quoted bid to get rid. Put 10k up and they are not interested, but as soon as you put 100k up you are likely to get hit, maybe not instantaneously, but by the next auction.

I am convinced that if the buyers (probably those that post here) had all loaded up at 53.5p instead of outbidding ewach other we would all have got stock at the lower price!

I will be back on the board on Monday at 53.5p, and will be patient. I will only move my price when I believe the seller has finished, or has upped his price.

I took a decent position in ACD a number of months ago, and watched similar trading patterns, albeit ACD was a straight SETS stock, and the second you put anything on the bid you got hit. ACD have had a good run recently, and I'm hoping SIGG follow the same path.

tiltonboy
12/1/2013
15:43
It is unusual for transactions to be dealt outside the spread but I was warned by my dealers that they can get pulled in the last few minutes. Perhaps it is not that common tiltonboy but i rely on their advice.

I try and use it only a few minutes before 11am and 3pm to catch them out if we're testing the market but not really concentrating. This strategy also means that you don't get caught by a news release. I guess it is an extra tool for more aware investors that are trying to improve on price in illiquid stock where the price is not really moving.

I have used intraday auctions a bit with tli and Spl where the spreads can be wide but many people simply don't bother. You can get caught out though by trying to save a fraction and then missing out when the bid/offer moves. Obviously one can go on the SETS system for larger cap shares and I tend to do this with the likes of dne where the spread is often wide.

deepvalueinvestor
12/1/2013
15:14
DMA?

Dont you mean a decent broker! Sorry Hezza not a dig at you.

tiltonboy
12/1/2013
15:06
So, it's a parallel universe for those with DMA...
skyship
12/1/2013
14:52
Brian,

The stocks are SETS MM, and it means there are two parallel markets, but where one only trades four times a day. I also had an instance this week where the MM price was 66-67.5p, but somebody put on the board to buy stock at 69p on the board. At 3pm he got hit at 69p! The MM price remained unchanged.

tiltonboy
12/1/2013
14:04
Yes, these intra-day auctions are certainly odd.

I left an order a few weeks ago to buy at 53.5 when the spread was 54-55. I also got a broker to contact the seller via the MM to alert him to my order.

He was out of the office that Friday, but in the Monday mid-morning auction my order filled at 53.5 when the normal bid at 54 remained in place and unaffected.

So it's not like a normal end of day auction and I don't fully understand it. Sometimes on my L2 screen, I see the auction orders being submitted. They're visible to me for about 30 sec after submission, but then vanish from my view.

briangeeee
12/1/2013
13:19
Good morning. I have just put into Google "LSE auctions" and it leads you to the London Stock exchange website - (at least i found it helpful).
stevenlondon3
12/1/2013
12:29
Well, well, well - is that on all stocks?
skyship
12/1/2013
12:27
Skyship,

Correct.

tiltonboy
12/1/2013
10:44
Tilts (or anyone else...) - obviously I know of the opening and closing auctions; but are there routinely timed other auctions during the day? An 11.00 & 15.00!! I have to admit if that is the case then I was blithely & naively unaware.
skyship
12/1/2013
09:16
dvi,

I don't agree that it is "typical" that bids and offers are pulled at the last minute.It does happen but you are implying that most orders are pulled.

tiltonboy
12/1/2013
08:55
The problem is that these hybrids only cross four times a day so it is not very practical. Sigg also looks to be the exception in that institutions are actually using the 11am and 3pm auctions daily at the moment-this wont last and is only because some institutions are sulking that they underestimated the time scale and some are rightly seeing that the share price is at the wrong level.

Typically, bids and offers are pulled at the last minute so it can be rather misleading but I have used the bid or offer on the screen as a negotiating point with a market maker when dealing at other times. I can imagine the phrase" can you match the auction offer?" Being used more in the future.

deepvalueinvestor
12/1/2013
02:29
"Best Execution" rules need to be addressed in my opinion. Obviously some firms are not paying for these auction-based services, but how can they be seen as satisfying best-ex rules when blatantly dealing at worse prices for clients than are openly available? It's an unfair playing field!
hezza123
11/1/2013
18:40
I understand that, and I have made representations to the LSE on how traders/brokers can trade at sometimes wildly different prices just minutes away from an auction. Unfortunately they are not in the slightest bit interested.

I have been on the board all week trying to buy ORT at 22.5p. Thre was a trade today at 1522 at 21.86p. That is scandalous dealing!

tiltonboy
11/1/2013
18:21
This one is unusual. I don't think people are used to these hybrid systems as most are not used.
deepvalueinvestor
11/1/2013
18:18
dvi,

Not annoyed, just frustrated. I understand why people go better bid on the SETS boards, but if they analysed what the seller has been doing, they could have gone on the bid at 53.5p and most likely got filled. It's a case of holding your nerve, but once one breaks others are bound to follow.

Why let the seller get a better price!

As for those that bought them in the market at even higher prices......

tiltonboy
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older

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