Sigma Capital Share Discussion Threads

[busterdog2] 12/6/2018 15:50

Graham Neary's interview with Sigma's CEO Graham Barnet

[busterdog2] 26/4/2018 12:34

The dividend you are referring to was for shareholders in the PRS Reit, not Sigma Capital shareholders.

[daisy15] 26/4/2018 12:23

John, just checked my account. No dividend received either

[johnmcd51] 26/4/2018 11:42

Sorry predictive text, scrub grandchildren from above, no sign of divi

[johnmcd51] 26/4/2018 11:40

Dividends

On 31 January 2018, the Board was pleased to declare a maiden dividend of 1.5p per ordinary share for the period to 31 December 2017. The dividend was paid as an ordinary UK dividend on 16 March 2018 to shareholders on the register as at 16 February 2018.

As previously reported, the Company is targeting a total dividend of 5.0p per ordinary share for the period ending 30 June 2018, and 5.0p per ordinary share for the year from 1 July 2018 to 30 June 2019. The stabilised dividend yield target is 6% or more per annum and net total shareholder returns of 10% or more per annum are being targeted post stabilisation, based on the IPO issue price of 100p per share.
The above was in the rns18 ,march, I have been a holder foratleast2 years grandchildren any sign of the maiden interim dividend, anyone else, or have I missed something big?

[busterdog2] 25/4/2018 17:46

Good to see a few buyers coming in.
The House broker forecasts for the financial year ending December 2018 remain for revenue of £16.7m, adjusted pre-tax profit of £14.1m and adjusted Eps of 13.2p. For 2019 estimates are currently for revenue of £20.3m, adjusted pre-tax profit of £17.7m and adjusted Eps of 16.6p.
Assuming a P/E of 15 that would give a share price of £1.90 and £2.40 for 2018 and 2019 respectively. Given the nature of the business and their visibility of earning the rating could well be more. All looking good imo.

[busterdog2] 22/4/2018 14:35

Results this week?

From the 10th January update...

The Board expects to announce full year results in April when a further update on current trading will also be provided.

[busterdog2] 16/4/2018 17:39

Almost 800k of buys at 120p this afternoon! No wonder I couldn’t buy online.

[johnmcd51] 28/3/2018 10:57

I see an interim dividend was announced in the rns for 16th March for 1.5p. Anyone know anymore or has had a payment??

[asagi] 27/2/2018 21:29

Tempus in The Times called it a 'buy' today Ivor.

Asagi (long SGM)

[ivor hunch] 27/2/2018 18:32

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.investorschampion.com/research/company/sigma-capital-group-plc
(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

[asagi] 22/2/2018 10:32

my data source has it that FY2 (which I assume to be 2019???) EPS has today been upgrade 58%.

Asagi (long SGM)

[asagi] 21/2/2018 11:11

have the broker forecasts been updated yet? Does anyone know the numbers?

Asagi (long SGM)

[ivor hunch] 20/2/2018 17:12

Good rise today on back of news of £250 million for PRS Reit which SGM manages. It will be interesting to see some projections for turnover and profit based on this expanded REIT.

[busterdog2] 13/2/2018 14:17

Drifts lower on lack of news flow. People lose interest and move on.

[johnmcd51] 13/2/2018 12:07

A slow burner only just in profit, disappointed it has gone down from 104.5 only last week. Any ideas why anyone?

[elpirata] 31/1/2018 13:42

gaining traction via PRSREIT

[coolhandal] 10/1/2018 16:21

All positive again for SGM, should yield itself eventually in the share price long way to go imo

[ivor hunch] 06/12/2017 16:27

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

[busterdog2] 06/12/2017 11:38

Low risk and high visibility of future earning plus the possibility of significant expansion in line with the PRS REIT. Happy to hold.