Share Name Share Symbol Market Type Share ISIN Share Description
Sig Plc LSE:SHI London Ordinary Share GB0008025412 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 33.62 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
33.16 33.32
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 2,160.60 -112.70 -21.00 397
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 33.62 GBX

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Date Time Title Posts
24/11/202012:54SIG plc - the best insulation from any market falls3,119
23/11/202012:00SHI -SIGplc, new CEO and board, a recovery stock for 2020123
21/9/202019:49SHI: A RECOVERY STORY!30
07/8/201818:21Fiddling the books-
31/1/200715:51SIG plc189

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Sig (SHI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-11-26 17:30:5133.6219264.55O
2020-11-26 17:08:2333.6248,70016,372.94O
2020-11-26 17:07:3233.6210,2643,450.96O
2020-11-26 16:35:1933.62266,01689,434.58UT
2020-11-26 16:28:0533.26611203.22AT
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Sig (SHI) Top Chat Posts

Sig Daily Update: Sig Plc is listed in the Support Services sector of the London Stock Exchange with ticker SHI. The last closing price for Sig was 33.74p.
Sig Plc has a 4 week average price of 23p and a 12 week average price of 21.60p.
The 1 year high share price is 138.90p while the 1 year low share price is currently 14.93p.
There are currently 1,181,556,977 shares in issue and the average daily traded volume is 4,437,112 shares. The market capitalisation of Sig Plc is £397,239,455.67.
thomasearnshaw: Good article Talks about sales plunging Concludes -We prefer leave it to clowns to try to catch falling knives, like this stock. There is a good reason that investors often describe buying a sharply falling stock price as 'trying to catch a falling knife'. Think about it. Head in sand always works lol Lube it good
lauders: Added a few shares to my pot yesterday. At these levels it should be OK in the distant future as the hoped for turnaround gathers momentum and the share price responds. Perhaps the quality of posts here will also improve as the share price improves? Seems to be a direct correlation at the moment. The last 4 posts are blank filtered ones so proves my point! Worth recalling what Steve Francis stated in the last half year report: “The new management team has started to execute its strategy and implement its organisational model, which focuses on our local branch teams, enabling growth and returning to active industry leadership. As previously stated, the essence of our new strategy is re-connection with our people – employees, customers, suppliers and the communities in which we do business. We are a local, sales and service-driven business. We firmly believe that our new strategy for growth will provide the basis, not only for the restoration of profit and strong cash conversion, but also serve as a foundation to play a leading role in our industry in the years to come. “Long term fundamentals remain sound in the Group’s markets across Europe. In the short term, significant economic uncertainty remains in all of our markets, although government stimulus for the construction sector, notably in the UK, is welcome. “Trading was better than anticipated during the peak lock down months of March to May, compared to our initial estimates of the possible Covid-19 impact, and the Board now expects full year sales to be moderately higher than guided in May. Group sales in July and August were encouraging although down year on year, and market share losses during 2019, particularly in the UK distribution business, will take time to recover. The second half of 2020 is expected to remain loss making, but at a lower rate than the first despite some increased pressure on gross margin in the UK. “I am extremely encouraged by the energy and excitement with which our people have embraced the new strategy and by the initial progress made in a short space of time. “The Group demonstrated agility and resilience in the first half of the year, dealing with an unprecedented external challenge, and significant internal change and activity. Coupled with a strengthened balance sheet, the foundations are now in place for the business to grow.” Https://
thomasearnshaw: I think Mr Market is going to come up with a nicer price for buyers in the coming days ... Whether SHI as company is performing badly or not the technicals for UKX look bearish.. Strong as the share price has been I am not convinced that it can resist some of that wider market influence.
zho: Puzzler2, That's a fair comment. SHI has been poorly managed for 10 years or more, and the share price graph reflects that. The hope/belief of those who hold the shares is that Steve Francis can turn things round. He has an excellent record but he was only appointed on a permanent basis 5 months ago, and it may take another 6 months or more before we see tangible signs of recovery, CV-19 permitting.
johnhelme2704: its good financial planning noiseboy. They sold shares in their ISA in order to make room for their SHI they wont pay any capital gains tax if/ when SHI shares increase in value. I would argue its positive in that if they werent expecting a SHI share price increase they wouldnt bother...
mach100: Most companies who have a discounted placing will see the share price fall to the level of the placing or below. At the discounted level though the issue of funding has been clarified. The placing price should underpin the share price in the absence of any news as the forward selling and profit takers are out. When you consider the bad news is in the price and as SIG opens up for business as the lockdown unwinds and pent up demand is unleashed then the share price is only going one way.
rik shaw: No idea why anyone would suggest the share price might drop 20% as a result of this offer. The market knows all about the book building and open offer so the current share price should broadly reflect the markets current view of a fair price. In terms of the maths for potentially selling some existing to fund your entitlement at 30p consider worked example below (which ignores dealing costs which would be applicable to sale). Current holding value 50000 @ 0.35 £17500 Entitlement 12500 @ 0.30 £3750 25% Sell to fund 10714 @ 0.35 £3750 21% Final holding 51786 @ 0.35 £18125 104% So you end up with 4% more shares at no extra cost. Is it worth the effort for an extra 4% of shares ? In the meantime there is no certainty where the market will move the share price.
hamhamham1: Napoleon. You don't think the coronviris affects this share price? Really? I guarantee another big breakout would halve this share price, similarly, good news re the virus would double the share price. Don't be so naive Napoleon.
amazoner: SHI share price movement can go extremely low before bouncing back. Guess, how low will it go this time? I think between 29p and 32p
topnotch: Hmmmm, 600M shares available currently with a MCap of £166M (at today's closing price) If CDR wants 30% of the company (at todays prices) then we would need to simply issue 300M extras shares But if we want to raise the same as the current MCap worth - we can either issue 600M shares at todays closing price or issue more shares at a discount.price. For today's prices the total shares would then be 1.2Bln of which 400m would be preallocated to CDR giving them the 30% they require and leaving 200M free-float If we wanted to raise at a slight discount to todays price (20p say) then 800M would need to be issued and 460M preallocated to CDR leaving the balance of 340M as free float Not sure why anyone would pay a huge premium in the given market conditions (the average price for the last 3 months has been sub 30p) - unless the deal was agreed long before the share price took a sizable hit!
Sig share price data is direct from the London Stock Exchange
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