Sig Share Discussion Threads

[thomasearnshaw] 18/11/2020 19:32

Wondered how SHI are to pay the £45.8m deferred VAT in 2 months time?

[ross k] 18/11/2020 19:18

Trinid It's momentum that can really drive a price, have a look at Phtm and the recent buying by one of the owners, serge. Huge buys by his investment firm at 50p but the price has stayed in a range between 48 to 52, recently its 54 I think, so if they can't get the shares to fill a buy order they'll rise the price to encourage sellers.

[ross k] 18/11/2020 18:50

Trinid The market is always has manipulation, just look at rises pre news in some shares etc, they rise the price to entice sellers who've been holding a while to make them sell etc, so yes to your question. They rise and fall the price to make a market, sometimes if they have big orders to fill they'll rise it according, if there was a big seller they wouldn't have rose it like it has done in the last week. IMHO

[eringael] 18/11/2020 16:48

Still think someone / insti is reducing a position and have been from low 20's, hopefully the larger trades will see them finish quicker

[zho] 18/11/2020 16:31

>>His intention is to scare investors ... and nobody there seems to contradict what he's saying.>>

Professor979,

That's because everyone has the half-witted troll on filter.

[trinid2] 18/11/2020 16:27

Ross, the last two days have seen some very decent buys in the company , how can the mms keep the price down, with so many buys? surely this is corrupt!!

[ross k] 18/11/2020 16:20

More big trades gone through MMS working the price to get your shares, big buyer out there

[jc77777] 18/11/2020 13:54

Here you go bubbleheid. Good message from the prof over on Lse board

{Tax deferral -- not a big dealToday 13:35
In another board (ADVFN), an ill-intentioned individual makes false claims about tax deferrals and SIG. He mistakenly mentions that SIG owes hundreds of millions to HMRC because of VAT deferrals. His intention is to scare investors (who don't do their research) and nobody there seems to contradict what he's saying.

I cannot post in that board because it asks me for a subscription. Please, can someone from this board copy paste this reply over there. We need to stop misinformation. This company is not covered by big media and so everyone can spread false rumours between retail investors. Many thanks,

In reality, these deferral payments amount to £13m and have already factored in, for the final year predictions in the company.

The following is from Page 6, in the HY results. hxxps://www.sigplc.com/~/media/Files/S/SIG-Corp/reports-and-presentations/2020/half-year-results-2020.pdf

"As at 31 August, the Group had cash resources of £267.5m, with a net cash position, pre IFRS 16, of
£29.2m. Approximately £13m of deferred payments relating to government support schemes will unwind
over the coming months, the majority doing so in H2 2020. The settlement of these deferrals, the
cessation of some historical year-end working capital practices, as well as a carefully managed increase
in stock levels in parts of the business to improve the service to customers and to support the Group's
sales growth, will result in working capital levels increasing over H2. This increase in working capital
will be funded from the Group's available resources".

The tax deferral scheme ended on the 30th of June, it's not ongoing.



GLA

[zho] 18/11/2020 12:36

The Green Homes Grant scheme, which currently offers homeowners vouchers worth up to £5,000 to help cover the cost of making their homes more energy efficient, will be extended by a year.

The scheme, which launched in September and is one of the Government's flagship Covid-recovery job-creation projects, was due to end on 31 March 2021. But the Government has announced that it's now set to be extended until 2022.

[ross k] 18/11/2020 11:57

Not only are you Delusional but colour blind also. I'm seeing blue Tommy

[thomasearnshaw] 18/11/2020 11:36

Only takeover will be by the administrators if they fail to get the next placing away


Has to hand over several million quid to hmrc

Will ythey get a time to pay agreement from HMRC . if they do and investors see that the price will crash!!!!

[thomasearnshaw] 18/11/2020 11:28

0 0 0
Only takeover will be by the administrators if they fail to get the next placing away


Has to hand over several million quid to hmrc

Will ythey get a time to pay agreement from HMRC . if they do and investors see that the price will crash!!!!


So good i say it twice :)

[thomasearnshaw] 18/11/2020 11:06

Only takeover will be by the administrators if they fail to get the next placing away


Has to hand over several million quid to hmrc

Will ythey get a time to pay agreement from HMRC . if they do and investors see that the price will crash!!!!

[zho] 18/11/2020 10:54

"And [the government] has extended the Green Homes Grant for home insulation for a year after the first tranche was massively over-subscribed."

[heatseek77] 18/11/2020 10:52

OX on the menu

[zho] 18/11/2020 10:52

"And [the government] has extended the Green Homes Grant for home insulation for a year after the first tranche was massively over-subscribed."

[ross k] 18/11/2020 10:31

That's why those large buys are showing, someone's hungry for a bargain

[its the oxman] 18/11/2020 10:30

Current mkt cap makes this a bite size snack for someone.

[ross k] 18/11/2020 10:30

Unlikely Tom Tom

[its the oxman] 18/11/2020 10:29

Current market cap makes this a bite size snack for someone.

[thomasearnshaw] 18/11/2020 10:08

ANOTHER FUNDING ROUND .. RED FLAG .. DILUTION AGAIN SOON.
with dilution yet again early next year I would not be surprised if we see 16p then.

[heatseek77] 18/11/2020 09:39

Tom Tom ironically lost

[ross k] 18/11/2020 09:29

Company turned around 40 p on the cards very quick, then bid comes in and what ya know 50 pThen poor Tom Tom is no where to be seen and broke

[heatseek77] 18/11/2020 08:07

Big whale chomping up again ☝️€077; 4.7 million, RNS today?