Sig Share Discussion Threads

[zho] 08/12/2021 08:38

Hat tip to Culpepper on the LSE board:


Construction activity in the eurozone has risen at the steepest rate in nearly four years, though business confidence is less positive despite jobs being created




A boost in spending from clients in response to the opening of the UK economy, combined with signs that the worst of the supplier delays have passed, resulted in buyers reporting the sharpest increase in business activity in four months.

[the count] 03/12/2021 10:42

-->ZHO

Disappointed in you.

You're the one who usually digs out these little snippets. :-) :-)

Regards,

TC!

[zho] 03/12/2021 10:36

Morning TC,

Well spotted.

WIX TU says "Resilient trading and strong margin performance, FY2021 profit guidance raised"

[the count] 03/12/2021 10:27

--->ALL

Very strong trading update from Wickes this morning.

TC!

[trinid2] 01/12/2021 13:44

052 knocking

[suneday] 01/12/2021 12:19

Good to see the catalepsy affecting this board is wearing off.

[trinid2] 01/12/2021 11:20

Yep agree 52 resistance needs to break then the next resistance I see is 54 a break and close above that will be great.................

[elongate] 30/11/2021 16:34

A way he can benefit from his position - doesn’t get the share kickbacks the execs do. And there’s no requirement as to his shareholdings like there is for execs ( which may in some measure account for ‘transfersR17; from spouses to exec to satisfy that particular requirement, like we saw on 12th ) Non execs can do what they like, and certainly their wives can. So being entirely Mr and Mrs Lovell’s unfettered choice I think it may amount to a clue for next update.
Quack Quack.

[zho] 30/11/2021 15:39

NED Alan Lovell buys 40K shares, plus 40K for his wife, to take his beneficial interest to 330,000 shares.

[elongate] 25/11/2021 09:27

Like I told you, next year will be Shi’s, and in the meantime it’s getting it’s ducks in a row. Quack Quack.

[elongate] 25/11/2021 08:49

It is slow, but the rest will follow in time. It is a bonus.

Crawley Borough Council become first to benefit from a retrofit programme to decarbonise UK Homes
CASE STUDIES & PILOTS
NetZero Collective has announced it will retrofit homes owned by Crawley Borough Council as part of its plans to find affordable solutions to decarbonise UK homes.
Unlock Net Zero LinkedIn
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Crawley Borough Council Retrofit Programmme with NetZero Collective
Crawley Borough Council Retrofit Programmme with NetZero Collective
The works will be carried out by Liberty and Crawley Borough Council’s long-term partnering contractors and are expected to save 572 tonnes of CO2 by 2050, saving residents an average of £600 a year on their fuel bills.

Having launched in September 2020, the NetZero Collective brings together low carbon energy specialists as well as higher education research partner, the University of Southampton.

NetZero Collective works as a consultant to design retrofit programmes which will decarbonise homes provided by housing partners to eliminate the use of CO2.

The first eight homes to undergo the transformation are owned by Crawley Borough Council.

NetZero Collective’s approach aims to minimise energy demand by improving the fabric of the property first, before switching to a low or zero-carbon energy source.

The other key benefit is the commitments of the collective to develop local supply chains, and work in collaboration with the local college to develop the skills required to ensure that demand can be met in future years.

Following the analysis of a selection of homes owned by Crawley Borough Council, it has found some of them would benefit from an improved loft insulation, new external walls and cavity insulation to minimise energy demand.

A number of the homes will also receive a mixture of zero-carbon technologies, including air source heat pumps, solar photovoltaics and battery storage. The retrofit works are projected to eliminate 101.6% of the carbon emissions, which equates to the elimination of 572 tonnes of CO2 by 2050, That’s an average saving each year for the residents of over £600 on their fuel bills.

The other landlords involved in the research own and manage over 120,000 properties collectively, and the learnings from their involvement in the project will help them to directly plan their asset management strategy to decarbonise their full housing portfolio.


Neil Waite, NetZero Collective lead, said:

“Achieving net zero-carbon emissions by 2050 is a significant challenge for all of us. Those of us in the property sector need to commit ourselves to doing our part. Embracing change, innovating our processes and investing in our assets is the only way we can contribute to the UK’s plan to reach the target.

We created the NetZero Collective because we wanted to bring together a team of experts to ensure climate change is brought to the front of the agenda. It has enabled us to explore ways we can improve our businesses and CO2 outputs to become more efficient.”

Ray Jones, group managing director of Liberty, said:

“We are thrilled to be working with one of our existing clients to progress this initiative. We have been committed to the NetZero Collective since it launched last year and have adopted an innovative and proactive approach to meeting our targets.

While we have outlined the first improvements, I suspect we will continue to identify new ways we can reduce our carbon dioxide usage as we go through the process.

We are looking forward to being part of the council’s collaborative partnering contract and are grateful to Crawley Borough Council for joining the collective with this initiative.”

Councillor Ian Irvine, cabinet member for housing, added:

“We are delighted that Crawley Borough Council tenants will be the first to benefit from the retrofit scheme, which will help us move towards our goal of being net zero by 2050.

This project also demonstrates a real investment in the community with the upskilling of our workforce to meet future needs and working in collaboration with Crawley College to educate future students on this technology with its newly built dedicated energy centre.”

Retrofit assessments will be carried out by NetZero Collective with temperature, humidity and energy usage of each property being monitored for a minimum of 3 months, including at least 1 winter month.

The university assess the monitored data to enable the retrofit plan to be produced. Monitoring continues after the properties have been retrofitted to determine if net-zero has been achieved but also to support the tenant in adopting the new technology.

Housing providers can sign up to join the NetZero Collective at any time. Visit www.netzerocollective.co.uk to find out how to get involved.

[elongate] 24/11/2021 13:46

Following an inevitable trend.
hxxps://rcimag.co.uk/people/sig-appoints-sustainability-lead
SIG UK has appointed Lorna Stork to the newly created role of environment, sustainability and governance director.

The move highlights the group’s recognition of its potential to make a positive contribution to the environmental performance of the construction sector supply chain.

With an academic background in environmental management and over 15 years’ practical experience in the construction sector, Lorna joins SIG with a profound understanding of both manufacturing and contracting.

Her role will be to focus on the contribution that SIG can make at all levels of its distribution service. First is to develop a net zero carbon strategy for the company’s own distribution activities.

Second is to develop SIG’s role in ensuring customers can meet the increasingly stringent requirements of building regulations and the sustainable building agenda.

Third is governance – ensuring that SIG is well positioned to give accurate advice on the environmental performance of the products it supplies.

Working in tandem with Lorna will be a second new role for SIG – the director of sustainable and renewable sales. This function will be to expand the SIG portfolio of low carbon / renewable products available through the company

[elongate] 24/11/2021 12:32

Liberum reiterate Buy 65p. May help, but consolidating now and nothing scheduled to drive this for a while.

[the count] 24/11/2021 08:59

--->ALL

Breedon reported a trading update ahead of expectations, as they have done in the one prior to today's, and the one prior to that as well.

Should/could bode well for us too.

This has been a strong sector for a while yet the interest in these stocks is currently very muted.

TC!

[elongate] 15/11/2021 08:39

Did it himself so people like you can comment. Sad attention seeker.

[magpiecrow] 15/11/2021 07:45

Funny blondeamon has left the room (collar felt by regulators and UB) and deleted all posts

is he sacked yet - hes deleted himself on twitter also



mate says he still posts in cr and is not well liked,

ill let UB know anyway.

[zho] 10/11/2021 08:20

Construction “powers ahead” as supply shortages ease

[zho] 08/11/2021 07:17

Encouraging Q3 TU from Kingspan (KGP):

"Sales in the nine month period to 30 September were €4.72bn, up 44% on the same period in the prior year, with sales growth of 50% in the third quarter. Underlying sales (pre currency and acquisitions) were up 34% in the year to date and by 33% in the third quarter."

[elongate] 05/11/2021 22:25

This is my last over there. What’s wrong with it? And Zho’s here of 3rd. is a crib ( nothing wrong with that ) from mine over there. If you have something useful, post it like me. I look forward to your input. And please save a little pity for yourself.

Some detail on what has happened. All squared up for the future. Locked in a favourable interest rate. Cash on balance sheet (aiming at £100 mil )It will also have reset other matters, including company leverage restraints imposed by lenders on dividend payment. More on that from them later, possibly not before EOY.

Immediate benefit is cost reduction, stability and thus institutional investability.

‘The success of this transaction enables us to refinance our existing facilities well ahead of their maturity dates and on more attractive terms. Together with our New Revolving Credit Facility, the Notes further improve the Group's financial flexibility by extending the maturity profile of the Group's borrowings and increasing its available liquidity’

A €300 million five-year (non-call two-year) secured bond issue, tradeable in the market, to reset capital structure.

Proceeds from the bond deal will be used to refinance £131 million in private placement notes and £70 million in term loans, as well as provide £31 million cash on balance sheet. Plus a new £50 million 4.5-year super senior revolving credit facility.
Banks are guiding investors to expect ratings of B+/B1.( highest quality speculative )
The company generated last-12-months to June 2021 revenue and EBITDA of £2.14 bil. and £74 mil. respectively.
Pro forma the transaction, total leverage stands at 3.1x based on annualized EBITDA of £98 mil.

[napoleon 14th] 05/11/2021 21:55

Migrated here as the other thread is pages of filtered Elon Gate's drivel.
Some peeps have nowt better to do. Need/deserve pity....

[elongate] 05/11/2021 21:31

Something really griping you Mr Small Mind. Watching like a hawk just to mark me down.
I don’t care, but you should.

[elongate] 05/11/2021 20:59

Good evening friends.

Some detail on what has happened. All squared up for the future. Locked in a favourable interest rate. Cash on balance sheet (aiming at £100mil ) It will also have reset other matters, including company leverage restraints imposed by lenders on dividend payment. More on that from them later, possibly not before EOY.

Immediate benefit is cost reduction, stability and thus institutional investability.

‘The success of this transaction enables us to refinance our existing facilities well ahead of their maturity dates and on more attractive terms. Together with our New Revolving Credit Facility, the Notes further improve the Group's financial flexibility by extending the maturity profile of the Group's borrowings and increasing its available liquidity’

A €300 million five-year (non-call two-year) secured bond issue, tradeable in the market, to reset capital structure.

Proceeds from the bond deal will be used to refinance £131 million in private placement notes and £70 million in term loans, as well as provide £31 million cash on balance sheet. Plus a new £50 million 4.5-year super senior revolving credit facility.
Banks are guiding investors to expect ratings of B+/B1.( highest quality speculative )
The company generated last-12-months to June 2021 revenue and EBITDA of £2.14 bil. and £74 mil. respectively.
Pro forma the transaction, total leverage stands at 3.1x based on annualized EBITDA of £98 mil.

[elongate] 05/11/2021 08:35

You’ll be queuing up to thank me this time next year. Metaphorically of course.

[elongate] 05/11/2021 08:22

This will provide a strong base from which to drive forward our "Return to Growth" strategy, which has delivered notable improvements in growth and profitability to date, and which we are increasingly confident will continue to deliver value for all stakeholders in the near and longer term.

That’s the nub of it. New phase starting.