Sig Share Discussion Threads

[thomasearnshaw] 26/8/2020 13:43

Just noticed Stifel is now forecasting an £80m loss

That’s 10m worse than cannacord 70m loss

Sales forecast to be 500m worse than last year


Expecting share price to get hit on 4 September

[milanr] 26/8/2020 10:19

Yes, keep posting , sky has turn up blue now

[rmsl1] 26/8/2020 10:17

32p paid - if it holds, next stop could see 38p again !!

[thomasearnshaw] 26/8/2020 10:08

Burp

80m loss forecast

[bigbigdave] 26/8/2020 08:31

Filtered the lot elmfield, come over to my thread for some peace and quiet.

[elmfield] 26/8/2020 08:28

Where do they find them?
New avatars same trolls.

[thomasearnshaw] 26/8/2020 08:06

I’m expecting it to get smashed on 4 September when people see the prospect of £80m loss
Lots of red ink
Hold tight
Endure the pain

[rmsl1] 26/8/2020 07:42

Analysts at Jeffries financial group have a price targets of 61p and recommend holding at the moment.I'm in and holding all the way boys!https://www.marketbeat.com/stocks/LON/SHI/price-target/

[thomasearnshaw] 26/8/2020 07:07

Omg gets worse


Just noticed Stifel is now forecasting an £80m loss

That’s 10m worse than cannacord 70m loss

Sales forecast to be 500m worse than last year

[johnhelme2704] 25/8/2020 21:04

from the other board....quite positive actually

They're trying to create a feeling that this share will keep falling. They try to trigger stop-losses, try to make people sell for minimal profit or just discourage people who'd normally buy (cause they'd be thinking, this will fall more tomorrow, I'll buy then). They can't do that with mammoth companies in FTSE 100 (unless you're Soros who took on BoE and won), but they can do it here. As you say in your previous post... nobody is averse to a quick profit and shorting is a way of getting it.

But these people know that they're playing with fire... this company is fully recapitalised, with expert backers, a vast network of branches and a government that backs buildings. All it takes is a piece of good news (a gov initiative, a positive company announcement, a takeover interest?) and loads of people will panic-buy this. The price will go up 15-30% within hours. Imagine shorting this when the good news arrives! They'll have to buy back at stellar prices to hand the shares back to JPM.

This share will soon be at least 40p, possibly much more. I own 4 shares right now and the one I'm most confident about is this one. Someone would have to be fool to sell this share now. We'll just sit tight a few days/weeks and enjoy the rollercoaster.

[johnhelme2704] 25/8/2020 20:56

OnJohn...it was 4th June....before the capital raise of 165million....so things have changed since his 30p target

several directors have bought 100s of thousands of shares at 30p since then too

There has also been a strageic plan put in place, a recruitment of some old faces...

so I think you need to reflect on how the SHI world has changed since that 30p forecast by cannacord...its way out of date imho

[johnhelme2704] 25/8/2020 20:45

what date did he cut the target to 30p please?

[onjohn] 25/8/2020 20:21

No he said he was cutting his target

He cut it to 30p after that note

And he may have now cut to 18p

Call and ask

Dyor

Cannacord


the current market uncertainty, the outlook comments understandably pointed to a top-down guidance of continuing sales expected to be c.£500m lower in 2020. Our new forecasts assume that revenue falls by around 24% in 2020, resulting an operating profit loss of c.£90m in 2020.


Aynsley Lammin | Analyst | Canaccord Genuity Ltd (UK) | [e-mail] | 44.20.7523.8344
Canaccord Genuity Ltd (UK)


Crunch time
Canaccord Genuity view

[rmsl1] 25/8/2020 15:24

From the same guy that said hold at 94p back in Feb...well it get it right this time?!?!Wouldn't believe these type of forecast tbh - the guy clearly has no clue...In a note published in response, Canaccord cut its price target to 76.0p from 94.0p, which it said reflected the increased risks now associated with the stock. It retained its 'hold' recommendation."Despite significantly refining the business portfolio and returning the balance sheet to a net cash position, after recent profit warnings highlighted weak trading and operational performance, the board has decided a new management team is needed," Canaccord analyst Aynsley Lammin said.

[onjohn] 25/8/2020 14:42

Call cannacord and check for yourself

Loss forecast is (£90,000,000)

Loss of ninety million pounds

That’s the forecast loss

[onjohn] 25/8/2020 14:39

Cannacord


the current market uncertainty, the outlook comments understandably pointed to a top-down guidance of continuing sales expected to be c.£500m lower in 2020. Our new forecasts assume that revenue falls by around 24% in 2020, resulting an operating profit loss of c.£90m in 2020.


Aynsley Lammin | Analyst | Canaccord Genuity Ltd (UK) | [e-mail] | 44.20.7523.8344
Canaccord Genuity Ltd (UK)


Crunch time
Canaccord Genuity view

[onjohn] 25/8/2020 14:37

The 90m loss is forecast from cannacord