We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sig Plc | LSE:SHI | London | Ordinary Share | GB0008025412 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.32 | 2.03% | 16.12 | 16.02 | 16.40 | 16.12 | 15.82 | 16.02 | 1,369,317 | 16:35:17 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Roofing & Siding-wholesale | 2.76B | -43.4M | -0.0367 | -4.38 | 186.69M |
Date | Subject | Author | Discuss |
---|---|---|---|
30/3/2022 09:20 | Sell the spike 40p test coming 🩳🌳 | qsmeily456 | |
29/3/2022 11:35 | SIG plc Improves Customer Experience and Fleet Productivity with Descartes’ Last Mile Solution Suite March 29, 2022 06:45 ET | Source: The Descartes Systems Group Inc. ATLANTA and LONDON, March 29, 2022 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announces that SIG plc, a leading European supplier of specialist building materials, is using its solution suite as part of its broader strategy to lead the market in the UK. SIG UK has deployed Descartes’ comprehensive last-mile delivery solution suite including its route planning and execution solution, mobile electronic proof-of-delivery (ePOD) and telematics with remote download of tachograph data. The solution has enabled SIG to increase On-Time-In-Full (OTIF) deliveries by 10-15% and increased the volume of deliveries by 25% using the existing fleet. “The building materials market is highly fluid and SIG differentiates itself by offering an agile and reliable service to our customers with the ability to track the progress of their deliveries to help better manage the supply chain,” said Edward Corbett, Head of Programme, SIG. “The Descartes solution helps us manage our distribution centres and territories more efficiently, with access to real-time information on how to organise and run our facilities optimally. Our improved responsiveness makes a huge difference to our customer service and efficient resource utilisation. It helps us maintain a safe working environment for our drivers and wider UK road-user community whilst also supporting our strategic ESG objectives.” Descartes’ last mile delivery solution provides an end-to-end platform for home and last-mile delivery operations. The solution spans delivery appointment booking, route planning and execution, mobile electronic proof-of-delivery, delivery notifications and driver safety and compliance processes. Using advanced optimization technology, Descartes’ last mile delivery solution takes committed appointments and improves route productivity, which generates additional delivery capacity and reduces costs. The solution manages delivery execution with intelligent dispatching and GPS-based real-time vehicle tracking. The related mobile application helps drivers execute the route and capture essential POD details. Real-time alerts keep customers up-to-date with the progress of the delivery through text or email messages and engage the customer through surveys to provide a superior customer experience. Telematics integrated with remote download of tachograph data and related compliance management solution helps to improve driver performance and safety while meeting regulatory requirements. “Specialist building material suppliers compete on service and we’re happy to help SIG maintain its leadership in this area,” said Pol Sweeney, VP Sales and Business Manager UK for Descartes. “With the severe driver shortage situation the market is facing, it’s equally important in helping SIG to dramatically improve the productivity of its existing fleet.” About SIG UK SIG UK is a leading supplier of specialist building materials, solutions, and a provider of technical expertise to trade customers across the UK. Since its inception, SIG have focused on providing sustainable products. This ethos continues today as SIG are a proud partner of the Supply Chain Sustainability School and a CO2nstructZero Business Champion. The nationwide SIG branch network offer over 250,000 construction products covering insulation, interiors, construction accessories, technical insulation, fixings, mechanical and electrical, fire protection, PV and roofing, with a dedicated fleet delivering to customers across the UK, on time in full using the SIG DTS delivery tracking system. SIG UK have specialist and manufacturing businesses in its portfolio, who have experience in supporting complex projects from large scale infrastructure to small residential and commercial. The specialist teams can deliver impartial advice, design and product expertise to help meet project requirements. Find out more: sigdistribution.co.u About Descartes Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-servic Global Media Contact Andrew Tavener Tel: +44 (0)7833 444047 atavener@descartes.c | elongate | |
29/3/2022 11:32 | Taken from lse ‘The solution has enabled SIG to increase On-Time-In-Full (OTIF) deliveries by 10-15% and increased the volume of deliveries by 25% using the existing fleet’ hxxps://www.globenew | elongate | |
23/3/2022 19:32 | Sunak knocked 5% off the price of insulation and the like, zero VAT. Adds up on bigger projects, and there’s the green agenda to feed. Can’t see it motivating householders much. They will have to come up with something else to get retrofits going. But Shi will be pleased. They might sneak just a tad to add to increasing margins. (Strong margin progression: H2 2021 gross margin of 26.6%, 70bps higher than H1 2021 and 120bps higher than H2 2020; underlying operating profit margin improved consistently throughout 2021) | elongate | |
19/3/2022 08:15 | Thanks Trinid. | bugle4 | |
18/3/2022 18:52 | Look at the monthly chart, looks quite ominous, we need to break 42.50, i think the momentum is there to do this now................. | trinid2 | |
18/3/2022 18:48 | its just down to buys , 2 massive buys today, that would certainly have helped to days closing price | trinid2 | |
18/3/2022 18:44 | It's the first time in about a year that SHI has finished green on consecutive Fridays. I'm not much of a TA, it'd be nice to hear from anyone who is if this is significant? | bugle4 | |
18/3/2022 07:39 | Dina Dasani has bought some too. £20000. Don’t care if it’s only a quid. It’s the thought that counts. | elongate | |
18/3/2022 07:21 | Nice one Toley. I have given you a tick up. | elongate | |
18/3/2022 06:37 | Liberum: significant upside at SIGThe valuation of insulation group SIG (SHI) could double if the market starts to price in structural growth opportunities, says Liberum.Analyst Charlie Campbell retained his 'buy' recommendation but reduced the target price from 65p to 63p on the stock, which firmed 1.8% to 39.2p on Thursday.Campbell upgraded earnings per share estimates for SIG by 8-12% in 2022 and 2023, 'due to the momentum in margin improvement that was evident in the 2021 results, and higher selling prices carried forward'.'It has momentum in market share and gross margins, with operating costs controlled. Its valuation could double if margins hit the 5% target, and we see over 60% upside if the shares move to discount the 2023 target of 3%. The market may also start to value structural growth in its insulation businesses.' | tole | |
14/3/2022 09:43 | As I said, more acquisitions on the way soon. Cash neutral, so from cash generation and/or leveraging debt. It’s the growth plan, don’t you know. | elongate | |
11/3/2022 13:46 | It is part of the growth strategy. Investment. Management made that choice. Shi is spending to accumulate, and the inventory involved will not now come at any further increase in cost but with possibly improved margin on sales. I refer to Investors Chronicle who would like to see a bottom line profit ( cash neutral in their sights ) and have it as a hold and 44p. ‘Overall net debt jumped by £127mn to £365mn, though, as £124mn in cash flowed out of the business due to acquisitions and higher inventory spending as it sought to avoid supply shortages.’ Management is looking ahead. So should you. They have this in mind about spending and profitability. ‘We expect to be free cash flow neutral for the year, before returning to sustainable free cash generation thereafter, enabling us to continue to invest in and drive our strategic goals.’ | elongate | |
11/3/2022 12:58 | Looks like debt costs are going to impact profitability med term | pictureframe | |
11/3/2022 09:07 | Recent acquisitions - SM Roofing, F30 (construction accessories) and Penlaw (insulation), all in the UK - are performing well, beating 2021 profit expectations, and fit our specialist model • We see a clear opportunity to accelerate delivery against the strategic plan through targeted investment in extending our product range, specialist solutions and footprint As a result, SIG’s reputation and influence has been regained: • Larivière (France Exteriors) awarded “2021 Best Specialist Distributor” (Geste D’Or 2021) and UK Interiors awarded “Distributor of the Year” in the supply category (BMJ awards) • SIG appointments to high profile leadership roles in key industry associations • Increasingly viewed as an attractive and trusted home by prospective industry recruits and M&A targets | fuji99 | |
11/3/2022 08:23 | 2022 will be the year of recovery. Could reach £1 by December. I expect the insulation business particularly to perform strongly in 2022/23 as increase in heating costs and energy bills will push authorities towards more insulation in housing and buildings. | fuji99 | |
11/3/2022 07:56 | I told you 2022 would be Shi’s year. And so it will be. One to hold now. But please yourselves. | elongate | |
11/3/2022 07:11 | Good results - no reason to be in mid 30's | eringael | |
11/3/2022 07:08 | . A pivotal year: growing momentum SIG plc ("SIG", "the Group" or "the Company") today announces its results for the full year ended 31 December 2021 ("FY 2021" or "the year"). Strategic highlights -- Group back to underlying profit, driven by market share gains and margin discipline in challenging supply markets -- Strategy delivering ahead of expectations, reinforcing the value of SIG's core model -- Leadership further strengthened; platform for growth established; industry reputation regained and acknowledged -- Accelerating revenue growth throughout 2021 against pre Covid-19 2019 comparators -- EUR300m (GBP253m) bond issue in November 2021 further increases financial stability and longer-term flexibility Financial highlights -- Group like-for-like ("LFL") sales up 24% on prior year, and 8% up on non Covid-19 affected 2019; H2 growth of 15% vs 2019 -- Strong margin progression: H2 2021 gross margin of 26.6%, 70bps higher than H1 2021 and 120bps higher than H2 2020; underlying operating profit margin improved consistently throughout 2021 -- GBP41.4m underlying operating profit (2020 restated : GBP53.1m loss) -- Statutory loss before tax for the year of GBP15.9m (2020 restated: GBP194.6m loss) after reflecting other items of GBP35.2m (2020 restated : GBP118.5m) -- Net debt of GBP365.0m post IFRS 16 (2020: GBP238.2m) and GBP128.6m pre-IFRS 16 (2020: GBP4.1m), reflecting investment in inventory to optimise customer service at a time of supply shortages, as previously guided, as well as one-off costs related to refinancing and M&A investment -- Gross cash of GBP145m; new and increased revolving credit facility ("RCF") of GBP50m remains undrawn Current trading and outlook -- Trading well in 2022 to date, and ahead of plan -- Supply challenges being managed -- Confidence in 3% Group operating profit margin for FY23, and in the Group's medium-term path towards 5% -- Cash generation expected in H2; full year cash neutral Restated (5) Change vs 2021 2020 2020 ------------ ------------ ------- Underlying(1) revenue GBP2,291.4m GBP1,872.7m 22.4% LFL(2) sales growth 24.3% (13.3%) Gross margin 26.3% 25.1% 120bps Underlying(1) operating profit/(loss) GBP41.4m (GBP53.1m) Underlying(1) profit/(loss) before tax GBP19.3m (GBP76.1m) Underlying(1) earnings/(loss) per share 0.3p (10.0p) 10.3p Underlying operating margin 1.8% (2.8%) 460bps Net debt GBP365.0m GBP238.2m Net debt (pre-IFRS 16) GBP128.6m GBP4.1m -------------------- Restated(5) Statutory results 2021 2020 -------------------- Revenue(3) GBP2,291.4m GBP1,874.5m Operating profit/(loss)(3) GBP14.0m (GBP160.0m) Loss before tax(3) (GBP15.9m) (GBP194.6m) Basic loss per share(3) (2.4p) (23.1p) Total loss after tax (4) (GBP28.3m) (GBP131.5m) Dividend per share n/d n/d -------------------- 1.Underlying represents the results before Other items. Other items have been disclosed separately in order to give an indication of the underlying earnings of the Group. 2. Like-for-like ("LFL") is defined as the growth/(decline) in sales per working day in constant currency excluding any current and prior year acquisitions and disposals. Sales are not adjusted for branch openings or closures. 3. Statutory results of continuing operations only in 2020. 4. Statutory results including both continuing and discontinued operations in 2020. 5. 2020 restatement is due to the change in accounting policy regarding configuration and customisation costs incurred in implementing cloud computing arrangements following the IFRS Interpretations Committee (IFRIC) Agenda Decision published in April 2021. Commenting, Steve Francis, Chief Executive Officer, said: " 2021 was a pivotal year - accelerating progress on our strategy has returned the Group to profitability ahead of expectations, delivering above market growth rates and consistent margin improvement, the result of record performance in France and Poland, and strong turnaround in the UK." "In uncertain times, SIG demonstrated in 2021, as it has in previous decades, its ability to manage successfully through inflationary and volatile market conditions, thanks to our strong relationships with suppliers and customers, and the quality of our people." "Growth momentum, resilience of our businesses, and experienced leadership all underpin our confidence in the organic growth path towards 5% underlying operating margin in the medium term." "I'm proud that SIG has a long-established focus on energy efficient solutions, and we will play a leadership role in the shift to sustainable construction." "SIG is back to winning ways, and we look forward to 2022 and beyond with confidence." | skinny | |
11/3/2022 07:04 | Good results today | ayl30 | |
09/3/2022 15:30 | Showing considerable posting restraint on Shi. Here and lse. Quite unusual and strange for these chat shows, don’t you think? I do. Makes you wonder. Could be a few wolves in sheeps clothing in the Shi flock. | elongate | |
09/3/2022 10:29 | Doing alright so far - lifting before and after the pension fund notification ( we will never know what prices they paid ) - but it will have to do a lot better for the non-execs to profit from their 50p buys end of last year. They will have had further horizons than most who inhabit these chat shows. | elongate | |
07/3/2022 18:05 | Picking up from a post on lse and a cursory check, they previously held nearly 4% ( perhaps more ) and went out completely on the face of it. It is a large pension fund, with heavy responsibilities, and presumably with the quality enquiry ability and advice to go with it. Obvs. they believe it is safe to go back in now. | elongate | |
07/3/2022 17:19 | 3%, so must see a mid/longer term future for it. Buying on the way down, though may have bought some off market. | elongate |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions