Sig Share Discussion Threads

[ammu12] 29/5/2020 07:35

This will go mental today.Volume would be crazy with 25p now set as the floor.

[rastamouse] 29/5/2020 07:35

"Some industry heavy weights being appointed as directors today too with Simon King previously working for Travis Perkins (a key competitor). This will be a massive turnaround success!."

[rastamouse] 29/5/2020 07:33

CD&R will pump in gbp 85 million.I'm sure the remainder gbp 80 million will be taken up by IKO (largest share holder) and the other institutions. 50p in weeks.80p pre covid levels coming soon.

[scars] 29/5/2020 07:30

End of Feb wig was targeted at 65p, no reason really for that target to be any different now.

[marmar80] 29/5/2020 07:28

I've noted that too. Vote of confidence here.

[rastamouse] 29/5/2020 07:25

DTG raised gbp 170 million at gbp 5.60 last week.Now trading at gbp 9.50.Companies who can secure major financing in this Covid environment are going up.Expect 50-60p here in coming weeks.Just look at the calibre of the backing.All the bad news is priced in.Business back to pre covid levels.New management and strategy.Very health cash balance sheet postion of £300 million (150 curren cash position and 150 to be raised).Current market cap £160 million.This will double atleast in no time.

[topnotch] 29/5/2020 07:22

Yup - as I speculated a few days ago

And got shouted down by a number of toss-pots

[ammu12] 29/5/2020 07:22

Another RNS Appointment of CFO

[qsmeily456] 29/5/2020 07:21

it will take a while now for this to rerate there are better options to buy short term. This will drift for a good while. No rush

[manual dexterity] 29/5/2020 07:20

I would assume 600 plus million to be placed. That will take some time to filter through but should be enough to get through the current turmoil and malaise in the markets.

[jonny_five111] 29/5/2020 07:19

Lots of times

[useless23] 29/5/2020 07:19

The current market cap is £165 million and it's getting an injection of £150m.

[marmar80] 29/5/2020 07:18

By the end of the month, cash at bank as at 30 April was GBP155.3m, with a net debt of GBP114.1m

[ammu12] 29/5/2020 07:18

Presentation at 9am This will fly Wait and watch

[qsmeily456] 29/5/2020 07:17

it will take a while now for this to rerate there are better options to buy short term. This will drift for a good while. No rush

[scars] 29/5/2020 07:17

At current sp, very positive. Cost cutting, visible improvements throughout before covid of course and feels like lots of support from main /new investors.

[ammu12] 29/5/2020 07:16

Let's see. I can understand your point of view after selling out.

[rastamouse] 29/5/2020 07:16

25p floor.No deep discount.May fall a little on open but once results digested this will fly.New management, massive investment of upto £85million and £150million in total at what I assume is 25p.Business back to pre-covid levels.Forward looking very positive.Medium to long term this will fly l.

[manual dexterity] 29/5/2020 07:16

25p per share fund raise of 160 million. Put a base around that figure. It won't be flying (yet) but CD&R is a good investment manager with some canny people around.

[topnotch] 29/5/2020 07:15

It's a dilution - when has the price ever opened up after a dilution?

[topnotch] 29/5/2020 07:11

Think it will fall to 22p but hopefully not lower - before it recovers and closes 25p+ today

[ammu12] 29/5/2020 07:11

Positive news.

[qsmeily456] 29/5/2020 07:10

25p and lowe here we come