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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sigma Capital Group Plc | SGM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 202.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 202.00 |
| Top Posts |
|---|
Posted at 11/3/2021 17:12 by mike24 lloyds to become a private landlord?they missed the boat dishing out funds to commercial investors in mid seventies, P&O pension fund led the way, 5k invested was turned into 100k plus rent what barc/lloyds branch managers failed to spot this rapid prop rise was due to inflation land prices,wages,materia since then £ value has halved, they dished out loans by the ton, those who invested to late turned into bad debts, banks panacked and pulled the rug, in 1990 as mortgage rates hit 16% they pulled the plug on the builders good companies like Walker Homes over a 500k overdraft, given one wk to pay off, play the cycle not the market then foreign buyers will swoop in and cream off the best, nai |
Posted at 21/11/2019 13:59 by alexwandy 2.3 million shares traded in Sigma yesterday at 92p. Concerning as this significant fall appears to be mirroring the poor performance of the PRS REIT, although not surprising given they are Sigma's main client. Again like the REIT it appears an institutional shareholder is not happy. Launching the PRS REIT was a significant milestone for the business. However, reading the PRS REIT thread chat a number of investors are clearly not happy the second raise took place which appears to be negatively impacting the financial performance of the PRS REIT. Sigma's chief executive was rewarded very handsomely for the second raise earning over £1m last year but the second raise now looks like a short term profit grab with no consideration to the long term revenue that the PRS REIT could have provided to Sigma had the second raise been undertaken at a more appropriate time. Having bagged the golden goose, it is now unlikely the PRS REIT will raise more equity owing to poor financial performance to date and Sigma is now in real danger of losing the investment advisory contract when it comes up for renewal if the PRS REIT continues on this trajectory. One cannot help but think this opportunity to Sigma has been mismanaged and perhaps it is time to replace Sigma's chief exec in the hope the situation can be salvaged |
Posted at 15/11/2019 12:25 by robertop5 Forget about a Labour government. Sigma seem to be undermining their major revenue source,the PRS REIT, all by themselves. PRS REIT share price down to 83p. Invesco, one of the major investors in the PRS REIT, recently sold a significant amount at 84p - a clear indicator they are not happy and that a further equity raise is therefore now unlikely to happen. As Sigma derives the majority of its fee income from the PRS REIT, this has significant implications on the longer term profitability of the business. The poor performance of the PRS REIT is also casting a shadow on Sigma's overall reputation given it both launched and is investment adviser to the PRS REIT. One can now conclude the immediate departure of Sigma's COO earlier this year must have been related to this and that there is more to the PRS REIT's declining performance than "Brexit related planning delays". Time for Sigma's chief exec to start justifying his exorbitant salary - one of the reasons I recently exited my position in Sigma. (Short Sigma) |
Posted at 27/9/2019 17:27 by 7dt In the interests of transparency are Investors Champion paid by Sigma Capital to produce these reports? and/or do you have any business relationship with Sigma? |
Posted at 20/9/2019 16:24 by bonzi1 Dubious. If the COO was retiring why not simply say so in the announcement and give a sensible and transitional notice period which he surely was contracted to. Instead investors have been left to second guess particularly given the COO left "with immediate effect". Throw in the PRS REIT share price currently down to 86p with multiple sells in blocks of 100,000 - 250,000 over the last few weeks, with the trend continuing post the Sigma trading update which focused heavily on the PRS REIT. That is clearly institutional money which is concerning given most will have participated in the launch and second equity raise at £1.00 & £1.025 respectively so worrying that some chunky current paper losses are being crystallised, with funds reinvested elsewhere. Given Sigma currently derives the majority of its revenue from the PRS REIT, the current performance of the PRS REIT must surely be a concern to BOTH prs reit AND Sigma shareholders. Equally as investment advisor to the PRS REIT, the performance of the PRS REIT will undoubtedly impact Sigma's ability to generate other business in a similar role and hence increase assets under management. There is always the risk were the REIT's performance to deteriorate further, that Sigma's role as IA may be retendered after the initial 5 years. Half of Sigma's development management fees derived from the PRS REIT are tied up in PRS REIT stock which is falling. Perhaps I am being too pessimistic and the PRS REIT's performance will improve and/or Sigma will broaden its revenue generation through new opportunities over and above the PRS REIT but one can only value what is observable not what may or may not transpire in the future and on that basis I would agree with other investors below that Sigma remains overvalued |
Posted at 20/6/2018 11:28 by busterdog2 Well that's two of us I guess....Investors Champion opinion..... |
Posted at 20/6/2018 09:55 by ivor hunch It's surprisingly quiet on this board despite the near doubling of the share price since last September. SGM has huge potential and is listed under 'Great Revenue Expectations' in a recent Investors Chronicle article. |
Posted at 27/2/2018 18:32 by ivor hunch Deafening silence here, yet the share is up some 40% since early December - 80p up to today's 115p. So really a flyer but it's still off most people's radar.The potential here is enormous and can be seen from the Investors Champion write up. hxxps://www.investor (It's free to subscribe) At £99 million the company is undervalued as the brokers forecast £9 million profit for this year, but have upgraded this estimate. With £500 million having been raised for PRS Reit, the profits could rise to over £20 million in a full year, which should equate to a share price of around £2. I have been in since 6p, have seen a quite long period of stagnation around 65-80p per share but now see a real potential for growth. It's a solid share but also exciting and deserves more attention. Ivor |
Posted at 06/12/2017 16:27 by ivor hunch Certainly below the radar for most investors and actually down over the year. However 2018 should be a good year with income from the REIT as well as further deals in PRS. Worth holding IMHO |
Posted at 06/5/2017 21:46 by asagi Not all down to Singers! STIFEL have good rep with institutions and there are specialist intermediary advisors on board too.Agree kooba. Sorry if it seems like I am arguing the point but N+1 Singer is first name on that list. More accurately, companies don't do any work, people do. James Maxwell, Michael Taylor, Liz Yong, James Hopton time to prove your mettle. Let's see what you are up to. N+1 Singer homepage says: "SINCE JANUARY 2013 WE HAVE HELPED 75 COMPANIES RAISE £1,810,300,597 that's an average of £24m per company. PRS REIT is asking for almost ten times the amount that N+1 Singer has (on average) raised for companies. Looking at history, it seems that James Maxwell has led a team that raised substantial amounts for Ground Rents Income Fund (GRIO). That's very encouraging as this is a similar initiative. PRS REIT will have the £250m number in mind following soundings from other investors. With luck, it will have an institutional investor or two on board as well like Gatehouse etc. Asagi (long SGM) |
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