Sagicor Financial Share Discussion Threads

[the big fella] 26/2/2021 05:33

10 years on and I get a cheque for £1.33. I cannot believe this is still rumbling on!

[hopefuldave] 26/6/2017 13:46

Just read a bit about them from a broker tip, and the company details. Bought a few, may have missed the boat for a while. Good luck.

[miller88] 12/3/2017 16:16

So been having a look at this share and wondering if I am missing something because there doesn't seem to be much interest . There has been rises over the last 6 months but then stagnation between those rises

Profits have been rising from 2014
PE ratio 4.55
price to book 0.64
market cap 294 operating profit 161 TTM net profit 70

Feel like I should be buying this but there seems to be so little interest I don't know if it would move at all until the report or announcement.

If anyone would like to explain to a novice whats laying beneath the surface here. It would be greatly appreciated

[sleveen] 27/4/2009 13:04

Thanks lw.

[littleweed] 27/4/2009 12:59

ask the question on here - its been asked before and you might get a response



Its basically up to an individual to trigger a negligable value listing so someone needs to ask the question

[sleveen] 26/4/2009 10:08

Has anyone done a negligible value cliam for CGT purposes on SFI?

If so, what value did you use?

[sleveen] 26/4/2009 10:01

Has anyone done a negligible value cliam for CGT purposes on SFI?

If so, what value did you use?

[gh20468] 08/1/2007 12:41

I notice my SFIQ Litigations shares have appearred back into my Halifax
account having disappearred for months....does anyone know what these are
and what they represent, are they worth anything?

[mbbcat] 10/2/2006 22:06

Angel Realisations 6 Limited
is the new company - anyone know of an otc or other market for the shares & litigatoon rights?

tia

[louse] 07/1/2006 19:46

Had a quick look through the 04 accounts. Professional fees for 03 and 04 were 6.4m and 5.7m respectively. Eye watering figures. No doubt racked up a large figure for 05. Lathams redundancy pay was 217k. Lawsons pay in 04 was 215k with a further 201k performance pay which included 57k for 'successful restructuring of the group' and 28k for 'targeted financial performance'. Targeting taking the company into administration perhaps. He owns 3.13% of SFI holdings which he wont collect on. Not to worry the other scheme pays the same group of managers 5% of company value over 50M. It doesnt appear to be defined how the value is calculated but if its the price paid for the business, the slug was 80M from memory giving a pot of 1.5M of which Lawson gets 25%. No wonder he was happy to recommend the restructuring to SFI Group shareholders in 03. An accountant friend said he would have a look over this fiasco. Happy New Year.

[tiredoldbroker] 23/6/2005 05:48

Not very good reading if you are a SFI shareholder (I'm not):

[gh20468] 04/12/2004 10:39

My trading account is showing that I now have:-

SFI Hldgs Litigation Entitlements which are described as Takeover issue.

As it's a nominee account don't get any info, anybody explain?

Ta

[chrisg] 09/4/2004 14:22

I don't hold, but would have rather strongly thought that 12.5% of something is a whole lot better than 100% of nothing.

You seem to have overlooked that the company was bust, and shareholders had lost everything under the existing financial structure, and the company had said so itself if you read through the other thread.

Then again, I don't hold, so WDIK.

[legins99] 09/4/2004 12:46

Date & time of news - 8th Apr 04 @ 6:51am

SFI comes to agreement with main creditors - report
AFX


LONDON (AFX) - SFI Group, the high street pubs group that owns Slug & Lettuce and other brands, looks set for a new lease of life after an agreement with its banks to waive more than half its debt, the Financial Times said citing a circular issued by the company.

The deal will raise the hopes of shareholders who in effect lost their investment when the heavily indebted company delisted last year after the discovery of accounting discrepancies, the paper said.

SFI has 157 pubs and owes its banks 163.4 mln stg. The banks are cutting the debt to 80 mln. In return they will get a 75 pct stake in a new holding company, the FT said.

Existing shareholders will get a 12.5 pct interest in the holding company, while the board and some 60 senior employees will be entitled to buy the remaining 12.5 pct as an incentive.

The company has been de-listed but may re-join the stock market at some time.

ijl/rn

Is this a good deal for existing shareholders? Looks as if these have a raw deal!

Will the holding company be SFI and ever be re-listed on AIM again?

[maxk] 13/11/2002 00:54

Pop goes the weasel:

[liveinhope] 29/5/2001 20:20

Seemingly Mrs Susan Harriet Hill sold 280,000 shares at 288.5p on or before 24/05/01. Shares have had terrific run in last 6 months but such a large sale worries me & also why so many sell trades today in first 20 minutes of trading -most unusual in my experience. Any have any further news of W & D sale of Piano & Pitcher chain? Maybe City were hoping SFI might acquire unless R/I on the way which might also explain sale?

S.Times (?) recently tipped SFI but I don't put too much emphasis on such tips as often have to fill space & wheel out any out rubbish. Best tip is to concentrate on shares not touted. (IMHO Finsbury Worldwide Phameceuticals a good case in point & worth your own research).

[hungry] 29/5/2001 14:57

I think the CEOs wife sold a good chunk today

[cymro] 29/5/2001 13:50

In the absence of any announcements, does anyone know the root cause of today's drop ?

cymro

[miguel] 26/8/2000 08:50

PitBull

You're right, not a brilliant excuse, even though I was the plonker for using the wrong EPIC! I suppose they deserve a glass of sherry or two after the week they've had.

miguel

[pitbull] 25/8/2000 20:36

miguel

TomJ who normally handles the customer support is on holiday, not a brilliant excuse I know but I think the others have been a bit busy!!

There probably all down the pub today celebrating!

PitBull

[miguel] 25/8/2000 13:27

bones

duh....must have been asleep. However, I'm still miffed that my e-mails to support have been ignored.

[skinny] 25/8/2000 12:59

wwwilliams, try "sb."

skinny

[wwwilliams] 25/8/2000 12:56

On this epic subject, why do I get Salamon whenever I enter SB, which surely should be the SmithKline epic??
Please advise, Thanks in advance.