Sig Share Discussion Threads

[elongate] 11/11/2022 17:24

Kingspan sales up 33% over 9 months compared to last year. Just saying, for what it’s worth.

[elongate] 11/11/2022 10:34

Gavin Slark’s replacement at Grafton starts on 28th. November, so Shi new CEO will be more available to liaise with Francis and start bedding himself in, if that is the way they see it.

“Gavin's proven track-record of delivering shareholder value in our industry made him the stand-out candidate to succeed Steve, and the Board is delighted that he will be joining us as CEO early next year. We look forward to working with him to continue SIG's growth and development."

[peteret] 10/11/2022 15:43

Come on sig rise with the rest of them for God's sake

[trinid2] 24/10/2022 15:15

This is annoying.......My understanding is that T.S was due on the 21/10/2022, it looks like some massive sells have gone through today and a few days ago, I would really hate to think that something in the T.S has been seen by a select few and they have decided to start selling into a slightly rising S.P........

[elongate] 22/10/2022 15:10

Interims were positive looking forward. The price has drifted with the gloomy macro outlook. Shi has the benefit of being a recovery stock coming off a low base, and I am guessing that results may be better in it’s case than the market anticipates. In any event, it is a far better company now than when rescued, and trading currently at a similar price to back then.

[elongate] 22/10/2022 08:42

I have seen nothing on the financial calendar. According to Alliance News we were to have one yesterday.

[cerrito] 21/10/2022 23:10

I see that last October 22 we had a TS and I wonder if we will get one in the next fortnight

[elongate] 21/10/2022 14:46

I too have bought some today - purely on the basis of what it cost C D and R to buy in when the company was in trouble. Much progress has since been made.

[gamwah] 20/10/2022 10:19

Two large trades at nearly 5 mill each, not sure what way?.

[qsmeily456] 17/10/2022 13:20

Added c29p easy buying well below 30p losers 🤣🥂

[elongate] 10/10/2022 15:49

SIG BUILDING SOLUTIONS ENTERS SOLAR CAR PARKING STRUCTURE MARKET By Kenneth Booth. 10th. October 2022.

SIG Building Solutions has entered the solar car parking structure market with a range of designs developed to help private and public sector organisations with large parking facilities to capitalise on the opportunities the structures provide for generating solar energy and reducing their carbon footprint.
The move comes at a time when many organisations are seeking to reduce energy consumption in light of recent price increases which, coupled with an increased demand for EV charging points, means interest has never been greater.
Designed and manufactured in the UK from UK held steel stock, SIG Building Solutions’ solar car parking structures can be developed, manufactured and delivered in a matter of months, depending on planning approvals, working alongside solar system providers and principal contractors.
With £25 million worth of solar car parking structure projects already in the pipeline for SIG Building Solutions, including large commercial and industrial schemes, the business is well positioned to continue to meet the growing demand.
Guy Chilvers, SIG’s Solar PV business development manager, has spent ten years in the solar market, including five years specialising in solar car parking designs with involvement in projects such as Bentley Motors, Crewe, and Falkirk Council’s EV Hub, which has 200 parking spaces and was officially opened in September 2020.
He says, “With solar car parking structures, any organisation with a significant area of parking space, can generate power and save money.  Solar car parking structures provide real potential for saving on energy expenditure, for supporting EV charging points and for reducing your carbon footprint.  At the same time, the watertight canopies help to protect vehicles from the elements.  Our structures are designed to have a fully watertight canopy, guttering and cable containment.”
In 2017 SIG Building Solutions company Steadmans manufactured the steel framing for the Bentley Motors solar car parking structure in Crewe, which covers 1,200 car parking spaces and provides 25 per cent of the electricity demand for the factory.  Darren Hall, Steadman’s commercial director, said, “Having supplied the steelwork for the Bentley project we are excited to have re-entered the market using the latest technology.”
During 2022 SIG Building Solutions has developed a range of solar car parking structure designs for the commercial market with the aim of providing an ‘off-the-shelf’ solution at a price which will make car park solar even more viable.  The investment has resulted in unique structural designs that require less steel, so reducing the cost, and can be installed efficiently to minimise disruption to car parking during installation.
SIG offers a choice of canopies depending on clients’ requirements and on-site analysis.  The options are based around three main designs: a double gull wing design ideal for east/west facing panels giving maximum kWhs per space; a double mono version providing maximum area for south facing PV panels; and a single row structure allowing for three PV panels in portrait specifically designed for EV charge points.
To specify the most effective structure, SIG Building Solutions undertake a complete analysis of potential car parks, looking at location, shading, drainage and power requirements.  The location of the canopies within the car park and orientation of the PV solar panels is vital to generating power and obtaining a good return on investment, says Guy Chilvers.  Renders of the site are produced to support the quotation and these can be used for planning applications.
“Hospitals, schools, leisure centres, airports, office complexes, factories, shopping centres and railway station car parks – really the scope for generating solar power via a car parking structure is tremendous,” adds Guy Childers.

I have never heard of Steadmans, part of Building Solutions (national ) Ltd., which seems to be a subsidiary of Sig Building Solutions, which at one time was going to be sold to Kingspan. (Building Solutions (National) Limited (incorporating Steadmans, Trimform, United Roofing Products and Advancing Cladding)

So I trust I have this right on ownership?



hxxps://www.sigplc.com/~/media/Files/S/SIG-Corp/reports-and-presentations/2019/sig-plc-announcement-proposed-sale-of-building-solutions-final-07-10-19.pdf

hxxps://www.thebusinessdesk.com/yorkshire/news/2056373-proposed-37.5m-sale-of-building-materials-division-is-cancelled

hxxps://www.steadmans.co.uk/

hxxps://www.steadmans.co.uk/about-us-steadmans/

[trinid2] 04/10/2022 14:50

Errrrrrrrrrrrrrrrrrr yeah sure you did you said all along buy AT 30 .....I just cant find the post ..your good at digging out old posts, can you find it?? 🤣🤣😂😂8514;

[qsmeily456] 03/10/2022 17:21

🐓 I bought already below 30 🤣🤣🤣

[trinid2] 30/9/2022 10:00

so just topped.........would you like to borrow some money smelly boy to top too

[trinid2] 30/9/2022 09:37

hoping the price does drop a bit more if not still a good point to top up ...............now put your money where your mouth is....... Smelly

[qsmeily456] 29/9/2022 16:12

2 🤣🤣🤣🤣

TRINID2

9 Sep '22 - 08:40 - 3659 of 3669

0  0 1

Smelly boy did you pick some up at 30P .................obviously not looool🤣315;🤣㊃5;🌲🌴🌳🌲🥑

[elongate] 20/9/2022 10:53

Kgf( B and Q + ) H1 results today.
Consequently, and similar to Wix ( post 3666 )

Kingfisher sees boom in insulation products
Julia Kollewe

Sales of insulation products, such as loft insulation, are booming as people try to cut their energy bills this winter, Kingfisher reports.

At B&Q, there are up 110% compared with pre-pandemic levels over the last three weeks, CEO Thierry Garnier told reporters, and 82% higher than a year ago.

Overall, across the group, insulation sales are up 70% from 2019, and 32% higher than a year earlier.

Garnier has also called on the UK government to announce more support for people on lower incomes this Friday, when it unveils its ‘mini-budget’.

He also said cost pressures were easing, in particular costs of raw materials like metal and plastic, and freight costs.

[qsmeily456] 15/9/2022 17:40

Elon2late connected party ramper beware.

[elongate] 15/9/2022 15:33

The last attempt was a disaster. They are still dragging their feet.

11th. August 2022.
The Government has exacerbated the energy crisis by failing to ramp up the efficiency of British homes, argued the leader of an influential Westminster body.
Darren Jones, chair of the Business, Energy and Industrial Strategy (BEIS) committee, told City A.M. that Government inaction on insulation measures – such as loft insulation and double glazing – had left energy users exposed to ultra-high energy bills.
He believed energy efficiency measures had been neglected since the Conservative Party took office over a decade ago
He said: “The Government has made this winter much worse due to ministers’ failure to deliver a successful, national home insulation programme since 2010.  Reducing the amount of heating needed to keep our homes warm is an obvious way to reduce energy bills. That’s why energy efficiency works are the permanent solution to reducing costs.”
The committee leader urged the Government to roll out a nationwide insulation plan to help tame soaring energy bills this winter, and help drive down energy bills for years to come.
He said: “Ministers must now come forward with a bold, fully funded, national home insulation programme before the end of the year as a long-term solution to this crisis.”
The UK has among the least energy efficient housing stock in Europe, with consultancy group Energy and Climate Intelligence Unit recently predicting that households with poor efficiency ratings will have to cough up nearly £1,000 more on their energy bills this year than other well-insulated homes.
Jones’ calls follow the latest forecasts that the energy price cap – which establishes the maximum charge for customers on standard variable tariffs – could more than double this winter, and peak at over £4,000 per year in the coldest months of the year when demand is at its highest.

Shi view. “We also believe we are well placed to benefit from sustainability tailwinds that will result from well publicised pan-European commitments to energy conservation, notably through improved insulation.”

[queenbreguet] 14/9/2022 13:30

Wow something is afoot

[elongate] 13/9/2022 17:15

At 35p.

The Company announces that it was notified on 13 September 2022 that Mrs Dina Dasani, wife of Non-Executive Director Mr Shatish Dasani, had on 13 September 2022 purchased 50,000 ordinary shares in the capital of the Company. Prior to this transaction, Mr Dasani had a beneficial interest in SIG of 200,000 ordinary shares and, following this transaction, Mr Dasani's beneficial interest is now 250,000 ordinary shares in SIG.

[qsmeily456] 12/9/2022 16:24

Elongate connected party ramper beware.

Now let us see what the new CEO can do when he finally gets here with control and influence.

Shi needs a good shake up.

💩 national PR and leadership in this lifetime opportunity of renewables⁴ and insulation😭😭😭

[elongate] 12/9/2022 12:08

Shi remains a recovery stock, much improved, handed to Slark for the next steps. Refining the process started by Francis, and a greater focus on growth - perhaps more distribution deals and probably including a continuation of carefully targeted acquisitions as per. announced strategy. And additionally use of whatever particular strengths Slark brings with him from his past.

Other than Slark, the last on 9th. August.

Outlook
• Market conditions, demand patterns and inflation dynamics have been variable across the Group’s geographic and end market segments through the second quarter, and we expect this backdrop to persist in the second half
• Return to positive free cash flow expected in H2 as seasonal working capital unwinds, with the full year also expected to be positive, although we will remain committed to maintaining product availability and superior service
• The Board remains confident in delivering its expectations for the full year.

Commenting, Steve Francis, Chief Executive Officer, said:
“SIG is a structurally different business to two years ago – more specialist, more local, more productive, more flexible. Over this time, we have delivered above market performance and enabled a rapid return to robust profitability, along with a rhythm of steady progress. The first half of 2022 in particular saw significantly stronger growth than originally planned, which resulted in margin improvement across our operations.
“SIG today is resilient, flexible and sustainable: 80% of our products serve the insulation and building energy efficiency markets. We are by far the largest independent supplier in Europe of these products, which are needed now more than ever.
“Our strong market position, growth strategy and decentralised model will continue to enable us to navigate the pricing environment well and drive market share gains.
“In addition, our scale, diversification and resilience in uncertain markets mean that we are confident both in delivering the Board’s expectations for the year and in our growth path to 5% operating margin in the medium term.”

hxxps://www.sigplc.com/~/media/Files/S/SIG-Corp/reports-and-presentations/2022/sig-plc-hy-2022-trading-update.pdf

[trinid2] 09/9/2022 15:59

crazy spike up at the moment ......would love to know why