Sig Share Discussion Threads

[dobcroft] 28/10/2009 09:11

I've got an entry point of 75p. Same as the placing price.

Even this is a PER of 11 next years consensus, falling to 9/10 on 2011 earnings.

[jon827] 28/10/2009 09:08

there goes 115, next stop ?

[jon827] 27/10/2009 10:49

its bounced, didnt put my money were my mouth is thou

[jon827] 26/10/2009 22:06

:-) Some one should start a new thread with nice charts to glance at.

[kingl] 26/10/2009 20:08

Nice edit there Jon827, you said you might be tempted at 120 when I looked earlier.

LOL

[jon827] 26/10/2009 15:40

might be tempted at 115 for a quick dead cat bounce

edit : 114.563

[jimmycarter] 26/10/2009 15:22

This seems to be graviting towards £1. Any opinions?

[jon827] 20/10/2009 15:22

Lol, I take it your short on this then KingL. the last couple of statements have been steadily improving thou.

[kingl] 20/10/2009 10:13

Good luck to those holding these when they announce their next Profits Warning, err I mean Interim Management Statement, on Thurs 12th November.

:)

[daihardtoo] 19/10/2009 11:23

Interim Management Statement on 12th November.

[phuckerty] 18/10/2009 11:12

Hi
When are results due to be announced?
Thanks

[jimmycarter] 15/10/2009 00:06

Alot of Buying today. May bode well for a steady rise soon. I think results will tip this either way. Will short or buy on results. I think construction recovery will and is slowly happening so I do feel this has upside potential. Market and consumer confidence creeping back in my opinion but no doubt shockwaves along the way.

[ianio5691] 12/10/2009 10:50

Construction and office interiors industries still on the preverbial backside.
Branch closures, manufacturing plant closures(they still retain the debt from buying these companies).....Most of the higher management from 'Komfort' the jewel in the crown have been let go. Staff being told to win orders at 'any cost'...they are practically giving stuff away! Doesn't bode well in my opinion....but time and figures can't lie. All will out at results time.

[tanners] 12/10/2009 10:15

RaisinWheats - 8 Oct'09 - 17:17 - 308 of 311


Well tanners you may well not hold, but a short over the last few months?

The last few months has seen SHI move from 88p - 139.5p Cant see much incentive for a short there.

If you had been following a bit more closely then you may have noticed that I have been saying this Company is overvalued from when it was well over 2 quid, and since it is now struggling at barely half that then I think the share price has reflected it.

Hats off to KingL tho, he was the lone voice of reason when this was at it's peak and all the bulls like Blackrock thought it was going to 50 quid!

[kingl] 09/10/2009 00:16

Sure BLACKROCK are no mugs, didn't they announce their stake just after the shares dipped below £10?



Probably thought they were buying at the bottom.

LOL

[willy26] 08/10/2009 19:46

if they are so rubbish ,how come someone has just bought another batch to take them over 5 percent which is 30 million shares, also BLACKROCK HAVE OVER 43 MILLION shares, and they are no mugs.

[kingl] 08/10/2009 19:27

You're right the share price doesn't really care.

It doesn't care that illusionary growth achieved through an exponential acquisition strategy has come to an end as I had been predicting for some time. It doesn't care that record Attributable Profits of £86m achieved in 2007 (with 20% more locations/staff) may not be achieved again in the next 10 years, and even if/when they do there are now 591m shares to share those profits with.

Why wait 10 years to pay £1.40 for these shares when you can pay that today, just as you could also pay the same 10 years ago? They were £1.25 at flotation 20 years ago. Why just take the last few months trend in isolation when the trend of 20 years is plain to see?

Next years profits anyone? I think we may see 50/75p yet.

[raisinwheats] 08/10/2009 17:17

Well tanners you may well not hold, but a short over the last few months?

The last few months has seen SHI move from 88p - 139.5p Cant see much incentive for a short there.

I have found that if you watch closely, or just have a look out of the corner of your eye, the share price doesn't really care.

[tanners] 06/10/2009 00:13

phuckerty.......lol indeed, do you really think I'd hold given those figures?!

The only position I've had in the last few months is short, tho I'm on the sidelines at the mo, but watching closely.

I only replied in a response to adda who was wondering where all the bears had gone!

[phuckerty] 05/10/2009 18:12

Hi Tanners
Why don`t you sell then?

[tanners] 05/10/2009 13:12

adda - 8 Sep'09 - 08:54 - 291 of 303


Interesting in June/July you had contributors who were predicting sub 50p. They have disappeared and you now have those suggesting 2.00.

I don't know about predicting sub 50p, but I'd certainly say that would be a much more realistic valuation.

The current M/Cap is 770M, there's 275M of debt, so you're looking at over 1.BN for a Company that managed to show a profit of 33M, i.e. a true P/E of nearly 35!

Given that there is still little evidence of sustainable improvement in the construction industry then I'd say a P/E of about 5 would be more realistic, or a share price of about 20p.

(Edited, cos had net debt figure a bit high.)

There's a massive amount of recovery hope already priced in, which just can't be justified, imo.

[scars] 30/9/2009 15:25

Out at just under 140, nice prifit for the week.

[scars] 30/9/2009 13:28

Charts still looking positive... could squeeze a few more points ...

[scars] 25/9/2009 13:08

Charts turning, wouldn't be surprised if we hav a step up from here.