Share Name Share Symbol Market Type Share ISIN Share Description
Sigma Capital Group Plc LSE:SGM London Ordinary Share GB0004225073 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 126.00 125.00 127.00 126.00 126.00 126.00 101,733 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 13.9 13.0 11.6 10.8 113

Sigma Capital Share Discussion Threads

Showing 751 to 768 of 775 messages
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
Featured in today's Investor's Champion update – Sigma has announced the sale of a completed and fully-let PRS development to The PRS REIT for c. £5.9m.
This rally still seems to have legs. 150k + 3 x 50K buys today.
red ninja
Interim results reflect the impact of the pandemic and national 'lockdown', which resulted in suspension of construction and lettings activities as well as ongoing restrictions. Despite the challenges the Group continued to progress, highlighting the resilience of its private rented sector operating model. More on the Investor's Champion website.
Sigma has announced the launch of a new Joint Venture to deliver high quality, new-build homes for private rental in Greater London. It looks an exciting development for the rapidly growing AIM group as our latest research on the Investor's Champion website reveals.
Sigma Capital Group: Berenberg reiterates buy with a target price of 160.0p.
red ninja
Yep as usual the insiders get in on the deal :- "Sigma, the UK PRS, residential development and urban regeneration specialist, is pleased to announce the launch of a joint venture with EQT Real Estate, the real estate platform of global investment firm EQT, to deliver high quality, new-build homes for private rental in Greater London (the "Joint Venture" or the "JV"). The Joint Venture is being supported by Homes England, the housing agency of the UK Government, and is targeting the establishment of an initial portfolio of approximately 3,000 homes with a value in excess of GBP1bn."
red ninja
There's your answer RN leaky leaky
Any reason for recent buying ?
red ninja
Bit of a surge (up 4p) on Friday ending with 2 50k buys after weeks of drifting.
red ninja
Share price creeping up, but no trades that I can see. I guess the MMs are more positive about housing.
red ninja
SIGMA TO LAUNCH LONDON FUND "Duncan Sutherland, Regeneration Director at Sigma Capital Group plc explained they're in the process of setting up a fund in London - for homes within zones four and outwards" This should give Sigma access to significant additional funding to manage and consequently generate additional fee income for the company. Surprising this is being discussed on a build to rent webinar as price sensitive information should be handled on a confidential, need to know basis until it has been released to a regulatory information service. This information has yet to be formally released. It brings into question the recent director (Ian Sutcliffe & Mike McGill) share purchases given they held undisclosed price sensitive information at the time - potential insider trading....
Another director buy: "Sigma, the private rented sector, residential development and urban regeneration specialist, announces that it was today notified that Ian Sutcliffe, Non-executive Chairman of the Company, has purchased a total of 240,000 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at an average price of 90.5 pence per Ordinary Share. Following this purchase and yesterday's purchase announcement of 760,000 Ordinary Shares, Ian Sutcliffe now has a total beneficial holding of 1,000,000 Ordinary Shares in the Company, representing 1.12% of the total issued share capital." Dawdled too long here. Stock has broken out and headed higher.
That's a decent chunk to buy. Indicate some value here? Sigma, the private rented sector ("PRS"), residential development and urban regeneration specialist, announces that it was today notified, that on 5 May 2020, Ian Sutcliffe, Non-executive Chairman of the Company, purchased 760,000 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at an average price of 86.2 pence per Ordinary Share. Following this transaction, Ian Sutcliffe has a total beneficial holding of 760,000 Ordinary Shares in the Company, representing 0.85% of the total issued share capital.
that sounds spot on to me Investorschampion. I'm still long here. Of course the risk is that it is not re-hired as investment manager to the REIT but I think that is less likely than the bears think. Asagi (long SGM)
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
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)
Presumably a Labour win would damage SGM with it's right to buy policy undermining the REIT fund.
red ninja
Lombard Odier nudge up holding :- hxxps:// Also PRS Reit quarterly update shows properties for rent increasing steadily.
red ninja
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
ADVFN Advertorial
Your Recent History
Sigma Capi..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201022 16:25:25