Signature Aviation Share Discussion Threads

[eastbourne1982] 27/11/2007 13:11

can see if dropping around 18% today and the results basically included a profit warning,

to a certain extent this seemed to be priced into the share price

[eastbourne1982] 27/11/2007 12:49

closed short at 69p,

no position now, will watch with interest

[eastbourne1982] 27/11/2007 12:42

what a turnaround, closed long at 74.75p and decided to go short at that price, results not too good

[eastbourne1982] 22/11/2007 10:16

just gone long at 75p

[topdoc] 10/11/2007 18:37

Lowest its been for 5 years

[rallyman2] 10/11/2007 12:53

its figures are above last year and in line ,its just retailers arwe out of favour ,hold for next update after xmas and we should see at least 96p min which is 20% from 80p ...plus a div ... i like this one (and theres also the mereger talk with the yanks which would see 130p-180p

[waynz] 09/11/2007 11:41

Out of favour stock thats all I can think of

[topdoc] 09/11/2007 11:23

Any ideas why this stock has fallen so much?

[cambodia] 04/11/2007 19:06

I,m following these. Could be a nice xmas run up play.

[qackers] 10/10/2007 16:03

nice move anyone following these. have they been recommended?

[uknighted] 08/10/2007 13:07

A red day. (Just posted this to rid the thread of Post 314)
Regards UK

[master rsi] 07/10/2007 19:02

From yesterday's Telegraph..........

Signet may well ring the changes

In April 2006 we advised readers to buy shares in Signet (88p), the Anglo-American jewellery retailer, when they were trading at 112.5p.


At the time we did not anticipate the slowdown in consumer spending that has since occurred on both sides of the Atlantic.

Although readers who followed our advice are sitting on a loss, we think that the shares are worth holding on to.

Last week Morgan Stanley, the bank, said that Signet remained "the most strategically attractive long-term story among the hardline retailers that we cover".

The fundamentals look good. Shares in the group, which operates brands including H Samuel in Britain, trade on a price to earnings ratio of 11, compared with a sector average of 13.5. And the dividend yield is 4.5 per cent, against 3.9 per cent in the sector.

However, downside risks remain. Pre-tax profit is expected to dip slightly this year and consumers could tighten their belts further.

Yet Morgan Stanley points out that such a downturn could be good news for Signet in the longer term. Here's why: thanks to its size, Signet is well placed to weather a downturn without getting into serious financial difficulties, unlike its smaller rivals, which would be likely to go out of business in such an environment.

This would accelerate Signet's market share gains, which would leave it well placed when macro-economic condition improve.

Hold for recovery.

[master rsi] 25/9/2007 12:15

It seems - Merrill Lynch - come out with a BUY note today ..........

from ... mid-morning features
Signet Group 84-1/4 up 2-1/4
Merrill Lynch 'buy' from 'neutral' with 95 pence target

[what is a login ?] 09/7/2007 09:41

The address for my dividend (but not my address)
was a UK bank.
I will write to the registrars with "my election"
to keep things as they were.
(Capita, Beckenham)
Enami and Uknighted-Thanks for prompt response.

[uknighted] 08/7/2007 09:15

Yes, elected for and received my divi cheque in sterling. Perhaps "wial" should read the Company mail more diligently.
Regards UK

[enami] 07/7/2007 17:35

login - it is up to you to make an election to receive your dividend in sterling. Maybe you should return the cheque to the registrars, ask for an exchange and inform them of your election to receive dividends in sterling in future.

From the Signet website :-

Future dividends will be declared in US dollars, but for those shareholders with a UK address or who so elect, dividends will continue to be paid in sterling.

Further information is given in the circular to shareholders of 7 November 2006

[what is a login ?] 07/7/2007 16:48

Well, since Enami's post of 2nd May the King of Bling has come down down down.
I suppose the board have suspended the share buy-back program.
I have held SIG in certificate form since 1999 and dividends have been
paid in sterling directly into my bank account.
Today, as dividend payment, I received a Barclays Bank cheque denominated in US Dollars in the post. An unnecessary slap in the face for UK shareholders.
I do not know what to do with it. The fact that I'm living in Italy
doesn't help much. How have my fellow shareholders (if there are any left)
dealt with the problem?

[enami] 04/5/2007 14:48

Looking good, an all time high. Target 131-132?

[25babies] 02/5/2007 17:25

5.3 million share sale after hours - more buying in? If so much larger than previous purchases.

[maiseymouse] 19/4/2007 06:59

well lehman has started a very tricky debate by lowering its price target personally i reckon it cant be long before another bidder emerges

[master rsi] 28/3/2007 21:44

Yesterday's trading: Signet stock shines
Geoff Foster, Daily Mail
28 March 2007

Morgan Stanley put a shine on the Signet share price by giving clients an 18 carat gold reason to buy the world's largest speciality retail jeweller.

It jumped 5¼p to 123¾p as the American broker upgraded to overweight and lifted its target price to 135p because it feels there is a chance that the long mooted merger with US peer Zales will come to fruition. If so, the deal would transform the Signet investment case, sending fair value as high as 160p a share.
Zales has hit the market with two profit warnings since original £2.5bn merger talks with Signet were terminated some nine months ago. Signet has kept a close eye on Zales deteriorating trading performance and now would seem a good time to reopen negotiations.

Analysts say it is the only logical buyer and synergies between the two are obvious. They both target a similar customer base and have some of the similar real estate in America. Opportunities for cost savings post a merger would be great through store closures.

Signet should get a move on. It could buy Zales to fend off another possible bid for itself. Private equity firms Apax and KKR abandoned plans for a £2.5bn takeover last year, but other cash-rich players could well be interested. Former chief executive Gerald Ratner last year had a £350m offer for its UK chains - H.Samuel and Ernest Jones - rebuffed.