Sig Share Discussion Threads

[zho] 22/4/2022 17:44

After a strong 3rd quarter, Brickability announced an even better final quarter (to end March):

“The Group is now pleased to confirm that due to ongoing positive momentum, this strong delivery has continued, with a very strong fourth quarter of the full financial year having been achieved”, and sees robust long term demand for UK housing.

[elongate] 12/4/2022 16:54

He bought 50k in March at about the same price. Doing better than the others on buy prices over the last year.

[zho] 12/4/2022 16:44

NED buys 50K shares, increasing holding to 200K shares

[elongate] 10/4/2022 10:44

The Europe building insulation market is estimated to record a CAGR of 3.27% in terms of volume and 3.57% in terms of revenue over the reviewed period of 2022 to 2030. The increasing number of initiatives introduced by the government to minimize carbon footprints, the surge in commercial and residential buildings, and the profitable growth opportunities within the building thermal insulation material industry are among the dominant aspects accredited to the region’s market growth.

[elongate] 10/4/2022 09:59

Logically,they must all consider the Shi recovery continues to remain on track, though one cannot rely upon the price necessarily following suit.
I cannot see the trading update propelling this to 50p though, these are investments over time. Management expect Shi to turn to profit over the next year.

[elongate] 10/4/2022 09:36

10p cheaper than the non execs end of last year @ around 50p.
Trading update probably not far off now. Something like last week of this month.

[zho] 08/4/2022 15:35

NED and Chairman Andrew Allner buys 50K shares

CEO Steve Francis buys 49K shares

That's their ISA allowances used up for this year.

[qsmeily456] 30/3/2022 10:20

Sell the spike 40p test coming 🩳🌳🌴🌲7876;🛩ԁ65;🤣

[elongate] 29/3/2022 12:35

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.uk; sigroofing.co.uk and LinkedIn: linkedin.com/company/sig-uk/.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Andrew Tavener
Tel: [phone]
[e-mail]

[elongate] 29/3/2022 12:32

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.globenewswire.com/news-release/2022/03/29/2411701/0/en/SIG-plc-Improves-Customer-Experience-and-Fleet-Productivity-with-Descartes-Last-Mile-Solution-Suite.html

[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)

[bugle4] 19/3/2022 08:15

Thanks Trinid.

[trinid2] 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...................but the markets at the moment are very sensitive, who knows what news will come out over the weekend to affect the markets next week.....could go either way..AB

[trinid2] 18/3/2022 18:48

its just down to buys , 2 massive buys today, that would certainly have helped to days closing price

[bugle4] 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?

[elongate] 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.

[tole] 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.'

[elongate] 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.’

[pictureframe] 11/3/2022 12:58

Looks like debt costs are going to impact profitability med term

[fuji99] 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.

[elongate] 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.

[eringael] 11/3/2022 07:11

Good results - no reason to be in mid 30's