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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 476 to 498 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
15/2/2013
18:24
...I am being slow...John?
deepvalueinvestor
15/2/2013
18:21
Had a nice lunch with Crabbers today.
tiltonboy
15/2/2013
13:25
Fair bit being taken at 56.7
badtime
12/2/2013
13:26
Two market makers on the bid at 55.5p and only one on the offer at 57p ahead of NAV update. Slowly slowly...
deepvalueinvestor
12/2/2013
08:14
Knigel. Liquidity is the issue here so it deserves to trade at a reasonable discount despite being in wind up mode. The new management are still evaluating the assets so we won't get a better idea for a few weeks or so. However, I think the next NAV update could be the catalyst although I would temper your 3 month price target to perhaps the 60p-65p range. I have lots of these and don't want to be accused of ramping but simply want to draw investor attention to the underlying value that is currently being boosted by weak Sterling. Good luck.
deepvalueinvestor
11/2/2013
23:50
Thanks for the heads up on the top traders thread - very interesting. My pension funds have hedge fund investments and have had a decent return over the last few months. Not all hedge funds are successful as we did replace a manager last year. The discount is quite wide and I note the decent buying today and with the AGM soon maybe now is the time to invest ahead of a possible AGM statement and re-rating as surely 70-80p would be fairer value? (just because discounts to NAV are the norm) GLA
knigel
11/2/2013
18:06
They are buying ahead of the NAV update. 95p is my guess after looking at the numbers with current nav of 96p.
deepvalueinvestor
11/2/2013
16:46
Spoke to Numis today; nothing expected for at least two weeks.
tiltonboy
11/2/2013
16:44
Tilts - update needed - looks as though in excess of 2m taken out @ 56.5p!
skyship
11/2/2013
15:15
looks like more taken at 56.5
badtime
11/2/2013
11:38
A bit of interest this morning. The buyer took out two levels in picking up 145k, leaving 250k on the bid at 54.5p. It will be interesting to see if the buyer takes a nibble at the 100k re-loaded at 56.5p.
tiltonboy
07/2/2013
18:12
Wake up people. this was the adjusted December figure and not the end of January figure that will be released next week. 96p is still my guess with current nav closer to 97p due to further sterling weakness.

Tiltonboy, new management still investigating so any nav figure is purely mechanical and not relating to their input yet. The key question is how much cash they have managed to raise since the last return of capital.

deepvalueinvestor
07/2/2013
16:40
I very much hope so.
tiltonboy
07/2/2013
16:18
Tilts u think by then they will have a handle on things?
badtime
07/2/2013
16:02
A tad less than the 97p NAV that DVI was expecting.
eeza
07/2/2013
15:55
Small uplift, but before the new manager took charge, so next month's is the one to look out for.
tiltonboy
07/2/2013
15:54
NAV 92.88p - up a smidgeon since Nov
gingerplant
05/2/2013
23:07
Thanks dvi I will watch from the sidelines with interest I may be a buyer if things remain roughly the same.
exbroker
05/2/2013
22:01
No problem, I will be patient.
tiltonboy
05/2/2013
20:28
Tiltonboy I think my post was too downbeat. I think they simply don't want to pinned down until they have reported to the board. They feel there is significant upside in some of the investments and if I am wrong to be bearish about markets then we could actually make a lot of money over 3 years.

They have only been in place for a month so it was unrealistic of me to think that they would be able to give much greater clarity - it is also fair that all investors should be notified together. I think we will both feel better when we get the January nav update.

I don't think we should prepare ourselves for bad news at all but we need some patience. Currency is working in our favour.

deepvalueinvestor
05/2/2013
19:51
dvi,

I am deeply concerned by your comment that we are now being asked to treat the liquidity profile with a "pinch of salt". I have already mentally written off the back end 20% of the portfolio, and given a decreasing haircut to the balance of the portfolio as neared maturity, but that quote alarms me!

The release of the NAV next week will hopfully clarify a few matters, but as you do not expect to get a better update until next month, with the management still "chasing around the world", I suspect we should brace ourselves for further bad news.

Perhaps I am being overly pessimistic, but seeing the likes of Weiss selling, allied to comments of somebody that has seen the portfolio close up, makes my concern deepen.

tiltonboy
05/2/2013
18:18
Not much to report really as new management are still chasing around the world to try and evaluate investments in Ukraine, Indonesia, Brazil, Vietnam etc. we should get a nav update next week and a proper update next month.

The previously indicated liquidity profile should be treated with a pinch of salt but apparently they will clarify current cash next week.I tend to estimate currency movements by looking at the us$ but the underlying investments are in lots of geographical areas but it is fair to say that shareholders are being helped by weakness in sterling.

It all looks messy but then again the shares do trade at a 40% discount. I remain a buyer but not going to chase unless we get further clarity on liquidity. I assume the price will be higher in a week when a gain in nav is very likely to be reported.

deepvalueinvestor
04/2/2013
22:25
Cheers DVI, by 'formerly made redemptions' does that mean applied to the fund to begin the winding up process? How much influence do the portfolio managers have here over the sub-funds given these should surely be controlled by other managers than themselves? I'm guessing these buoyant markets in general should help both the value of the investments and the speed at which they can be realised?

I'm looking forward to hear what info you get out of the conference call. I'm a holder here on the basis on the very deep discount and the near-term catalyst to unlock the value here but don't feel I really understand yet the complications with the assets and why they are so hard to sell.

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

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