Sig Share Discussion Threads

[wildsheroo] 27/5/2020 13:32

After today's RNS all good news is priced in, I don't see any spikes till this overhang is over.

[rastamouse] 27/5/2020 13:31

Considering other stocks and markets have had a remarkable recovery, the price action here suggests the company is struggling.IMO if all was OK this would be trading around the 40-50p region.Continued depressed price usually is a precursor to bad news.

[qsmeily456] 27/5/2020 13:23

Also news leaks so good new gets a steep spike b4 bad news flat lines. This doesn't feel like great news. Guess trading has been near 0

[qsmeily456] 27/5/2020 13:21

I agree good news is rarely delayed. Suggests an accounts sin off issue. Likely to be a debt facility.

[ammu12] 27/5/2020 13:07

Big getting stronger.I think I'll add some more at this depressed share price ..

[devonlad] 27/5/2020 13:06

Takeover bid, just saying not ramping and adding to the list of suggestions. I thought it was odd as well.

[topnotch] 27/5/2020 12:59

Agree, placing is not required which suggests it can only be an operational issue such as a new appointment or a new contract.

However, markets are still cautious which is bizarre given the recent substantive rises in TUI, SAGA and MTC

[wburton619] 27/5/2020 12:42

No need for extra cash here. Going to be some excellent news I presume

[rastamouse] 27/5/2020 12:32

Good news is rarely delayed.IMO finalisation of liquidity issues.Either a draw down on lending or possible placing??Wouldn't surprise me.

[scars] 27/5/2020 12:28

Good question Rasta, probably just logistical, or some stunning news hot off the press!

[rastamouse] 27/5/2020 12:26

Why is no one asking the question why delay results by 24hrs??

[scars] 27/5/2020 12:15

So how much of a recovery play is SHI?

70-80% down since EOY, Covid crisis, not seeing building taking that much of a hit and most major markets starting to get back on it's feet.

Earnings guidance in line, yes there will be a hit see this getting it's head above these levels quite quickly from now 40-60 has to be reasonable in he short to medium term, with little downside from here, failed sale did not even knock it this week!

[rastamouse] 27/5/2020 12:11

Observations:1) Restating last years figures irrelevant. Its historical.2) Forward looking statement is key, that will drive any recovery. Has to be positive.3) Why delay results by 24hrs. Good news is rarely delayed. Is company finalising liquidity issues??4) Overall poor price performance based on general market recovery.5) Is JPM selling the only thing holding this back??Just my observations.

[topnotch] 27/5/2020 11:15

Even geriatric service provider SAGA (Up 30% today) is doing better than this one....

Now up 46%

Must be institutions closing their shorts...

[ammu12] 27/5/2020 08:50

31p next resistance.

[amazoner] 27/5/2020 08:31

all potential bad news had been factored in, right?

[scars] 27/5/2020 07:45

No change to guidance, so should be no surprises

[rastamouse] 27/5/2020 07:25

So results delayed by 24hrs (now 29th not 28th) and profit of £42 million guidance remains.SIG PLC Full Year 2019 Results Publication DateSource: UK Regulatory (RNS & others)TIDMSHIRNS Number : 0465OSIG PLC27 May 2020NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.THIS ANNOUNCEMENT INCLUDES INSIDE INFORMATION.27 May 2020LEI: 213800VDC1BKJEZ8PV53SIG plc: Full Year 2019 Results Publication DateSIG plc ( "SIG" or the "Company" and, together with its subsidiaries, the "Group"), a leading supplier of specialist building materials to trade customers across the UK, Ireland and Mainland Europe, will announce its full year results for the year ended 31 December 2019 at 7.00am on Friday 29 May 2020, rather than on Thursday 28 May 2020 as previously stated.The Company confirms that there is no change to its guidance for underlying profit before tax for the year ended 31 December 2019 of c.GBP42 million*.

[comedy] 26/5/2020 17:57

Keep up the good work
He jouer au football

[topnotch] 26/5/2020 17:00

So was I - until the injunction arrived....

[rastamouse] 26/5/2020 16:50

I'm a keen observer

[comedy] 26/5/2020 16:41

lol rastamouse for someone who is just observing but rather wait till after results, surely you would have better things to do with your time???

you've been 1 of the posters posting all day today???

je n'est se qua??

[the ghost who walks] 26/5/2020 16:31

No one is expecting any news. Just an in line update on liquidity will in itself send this up a lot.