Sigmaroc Share Discussion Threads

[elbrus55] 04/1/2024 15:57

Thanks, I had missed this. As.the admission to AIM was expected I didn't read the rest.The RNS should have been titled 'Admission to AIM, and trading update."Will email their comms department.

[greg the grinch] 04/1/2024 11:11

The fact that the new shares are not getting dumped for a quick profit bodes well for a decent share price rise.

GLA

[aishah] 04/1/2024 10:18

Positive trading update today within the admission note:
SigmaRoc has continued to trade well since the October Q3 update. The Company
will provide fuller commentary later in January with results expected to be at
least in line with market expectations*.

*Consensus expectations for SigmaRoc, being the average of forecasts for the
year ending 31 December 2023 provided by analysts covering the Company, are
revenue of £596.9m and underlying EBITDA of £110.2m.

[rcturner2] 04/1/2024 09:04

I have bought in today. Looks like a good value play.

[sharesoc] 24/12/2023 14:55

Bill Fawkner-Corbett, Head of SIGnet, will host a SIGnet after-meeting on Sigmaroc PLC following their Conditional Acquisition of European Lime & Limestone Assets presentation with IMC on 7th December 2023. The after-meeting will be held on Zoom to enable members to discuss the company. The meeting will be chaired to provide structure and enable all members to take part. Click here to register:

[dunns_river_falls] 19/12/2023 16:09

Maybe the share price has turned the corner... eps for the year ahead forecast at 7.6p. Surely with all the acquisitions in the last year that can be beaten. Hope so! Merry xmas holders.

[greg the grinch] 18/12/2023 15:36

I'll sell my shares at £2.

GLA

[haywards26] 18/12/2023 15:34

It is nice to see the 50p share price level broken :) hopefully this is just the start ready for a fantastic 2024 of share price rises.

[haywards26] 08/12/2023 10:07

It’s definitely a case of back the exec team here. They are dynamic, driven and smart.

[alter ego] 08/12/2023 08:55

There was a very worthwhile presentation of the rationale of this acquisition on Investor Meet yesterday. A recording will be available soon. Main impression was this opportunity was a game changer that would not occur again. Gives SRC the scale to achieve significant "network effect" benefits. Also creates a group that is no1 or no2 in supply of lime and limestone in their market. Lime is a key product used in multiple aspects of modern life and demand will continue to grow. Not expecting to need to raise fresh capital anytime soon.

Very accomplished performance by Max. Clearly knows his stuff inside out.

[bigboyblue] 08/12/2023 08:09

Did anyone here attend this event and care to share any observations?

[melloteam] 07/12/2023 11:42

SIGMAROC PRESENTING ON MELLOMONDAY WEBINAR - HALF PRICE TICKET

Just to let shareholders and prospective investors know that SigmaRoc will be presenting on the MelloMonday webinar on Monday 11th December 2023, starting at 5pm.

The programme is as follows:

5.00 pm Stephen English presents ‘Turnarounds – when and how to play’
5.30 pm Company presentation by SigmaRoc PLC
6.10 pm Company presentation by Loungers plc
6.50 pm Educational session
7.10 pm Company presentation by Eagle Eye
7.50 pm Company presentation by Windward
8.20 pm BASH panel with Damian Cannon and Mark Simpson

There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

[greg the grinch] 30/11/2023 16:41

'selling down'.... I bet it leaked but fa chance of anything being done about it.

[elsa7878] 30/11/2023 15:30

Been talking about this deal for 2 years since Sig bought Nordkalk. CRH pivoting towards the US ($2 billion deal announced the day before this one) and Sig were told it was now or never. Sub-optimal bearing in mind the shareprice. Wondering whether large shareholders who were consulted were selling down in anticipation....
£175 million of the acquisition price is deferred for 6 years so leverage not as bad as I had feared.
Think the presentation is a good idea, as unless you had access to the Liberum note (thanks Cerrito for not sending it...!?) you would not appreciate all of the details which SHOULD have been made clear when they made the announcement.

[greg the grinch] 29/11/2023 11:20

Nibbled more... great short-medium-long term play.

End game is a large cap FTSE cash cow.

GLA

[elbrus55] 28/11/2023 15:43

Yes, but additionally any transactionwhich in substance results in a fundamental change in the business or in a change in board or voting control of the issuer.I guess that will the rule which applies here.

[loafingchard] 27/11/2023 20:43

It's when the acquired has a valuation higher than the acquirer

[altom] 27/11/2023 17:59

I see this is described as a reverse takeover. I though that term was used when a Private company acquired a Public company, thus gaining a SE quote on the cheap.
Can anyone explain ?

[clocktower] 27/11/2023 15:50

Well alter ego, it was bad for their pockets as they could have bought cheaper.

[goliard] 27/11/2023 14:08

I understand that the board wants to build this business via acquisitions, but I have been grumbling for a while now about just how many acquisitions they are doing and the constant "one off" costs. Their corporate advisors are no doubt encouraging them to do more and more as they take their fees from each one, but I really hope this new big acquisition will be the last for some time, but I suspect it will not be. Yes, the deal terms at headline level look ok, but the millions in fees for placings and legals and advisors just keep adding up.I did not apply for any new shares as I feared yet another drop and here we are again lower than the most recent placing price. I guess they must have the backing of major shareholders for this strategy but it is frustrating for me. I like the company and don't want to sell, but I am also not convinced there is much point in buying more of it.

[bigboyblue] 25/11/2023 15:01

I got the full amount I applied for.

[alter ego] 24/11/2023 16:24

well I guess they might think differently to you

[clocktower] 24/11/2023 16:21

Why would they do that? 🤣🤣

[alter ego] 24/11/2023 16:15

anyone who applied for shares in the REX offer know how many they were allocated?

[clocktower] 24/11/2023 08:46

I am surprised that it is holding up so well, as my expectations were it to fall below 40p and slowly slip a little more before a possible bounce but hey ho we will see where it goes over the next week or two.