Signature Aviation Share Discussion Threads

[jay206] 11/9/2008 12:36

what happened with this share price?

[master rsi] 19/8/2008 15:27

Could be a good move, it did wonder for Telewest.......

Signet shareholders back move of primary listing to NYSE from LSE

LONDON (Thomson Financial) - London-listed jeweller Signet Group Plc. said
its shareholders have approved its proposal to move its parent company's primary
listing to the New York Stock Exchange and its domicile to tax haven Bermuda.
Chairman Sir Malcolm Williamson said the proposals are likely to come into
effect by Sept. 11, following the necessary court and other approvals.

[25babies] 14/8/2008 09:18

40% hike since mid July in the share price - surely cannot be purely on recent results? Any ideas anyone?

[w.bramley] 17/7/2008 15:34

Up 14% today, wonder if Steve McDonald went to E.Jones for that ring?

[uknighted] 03/7/2008 11:29

Dividend was paid yesterday.

[yanny2] 03/7/2008 11:05

is the dividend still intact for this share.

[volvo] 06/6/2008 07:40

Reads like the high street here and in the states is only going to move one way.

Comment

Terry Burman, Group Chief Executive, commented: "The US performance reflected a continuing difficult trading environment with the
decline in like for like sales resulting in a lower operating margin despite a tight control
of costs.


Given the increasing pressure on consumer expenditure in the UK and demanding second quarter comparatives, like for like growth is not expected to
continue at this level."

[volvo] 04/6/2008 16:43

Think we will could get to 50p this Friday with the trading statement.

[25babies] 18/4/2008 16:50

Trust me I am a doctor.

[dr darkstar] 15/4/2008 09:16

down through 60p .. last chance to sell before 50p ?

[dr darkstar] 14/4/2008 14:39

looks like the US retail figures have had a negative impact

[dr darkstar] 14/4/2008 13:39

sell in the Sundays this weekend

[scrapman] 10/4/2008 12:13

I would think the current year will be pretty desperate , retail is suffering and the signet model is nothing special , the post Christmas period will have been pretty tight IMHO

[m.t.glass] 10/4/2008 11:21

LONDON, Apr 10, 2008 (Thomson Financial via COMTEX) -- SIG --

Seymour Pierce has downgraded Signet Group Plc. to 'sell' from 'underperform' following its results yesterday.

In a note this morning, the broker said there were no surprises in the results for the year, although it said current trading was better than expected, especially in the UK.

The broker said while recognising the difficulties in the consumer environment and input cost pressures, the tone of the statement was relatively upbeat.

However, it said it struggles to see how a US/UK consumer-facing business with largely stalled earnings per share (EPS) growth can continue to demand such a rating, prompting its downgrade to 'sell'.

Meanwhile, SG Securities kept a 'sell' rating on Signet, but raised its price target to 44 pence from 34 pence, given its slightly higher EPS forecasts for the group.

The broker said Signet's full-year numbers were in-line with recent guidance and called current trading a "positive surprise."

But looking ahead, it said it will be looking to see if sales trends have weakened when the group publishes its first quarter results in May.

[scrapman] 10/4/2008 10:04

mixed feeling with the analysts this morning , I cannot see how jewellery retail will not be affected by the malaise in the high street,

[25babies] 09/4/2008 15:49

A reasonable set of figures in the prevailing economic circumstances. Explains why the share has been performing so strongly since early March - 33% up in a month.

Not that anyone who legally can trade was aware of the outturn to February 2 until today.

[master rsi] 09/4/2008 14:43

Signet to list in US

Jewellery retailer Signet Group has today reported an expected 16.8% fall in full-year pretax profit.
The Anglo-American retailer said this reflected tough trading conditions on both sides of the Atlantic, and warned the outlook remains 'very challenging'.

The 1,962-store group also confirmed it plans to shift its primary listing from the UK to the US.
For the year to February 2nd 2008, Signet made a pretax profit of $333.5m, in line with the company's guidance but down from $401m in the previous year.
Full-year sales increased 3% to $3.67bn, up 3%.

Within the group, like-for-like sales fell 0.7%, with the US down 1.7% and the UK up 2%.
The company raised the full-year dividend 1.6% to 7.277 cents, payable from basic earnings per share of 12.6 cents, down 18.2%.

Since the start of 2008/09, the group has experienced a 'low single digit' decline in like-for-like sales, with the US down about 4%, having had some benefit from better weather over Valentine's Day. It said early results have been 'encouraging' from price increases implemented after Valentine's Day in the US, UK like-for-like sales were up mid single digits.

CEO, Terry Burman, said that in view of the uncertain economic environment, Signet has identified actions 'to drive sales, protect gross margin, and tightly control costs'.
The group said its demanding investment hurdle rate continues to be applied and as a result, US net store space growth is expected to be lower, at about 5% in 2008/09, versus 10% in 2007/08.

Signet's decision to pursue a US listing follows a consultation with its major shareholders.
'However, in light of market conditions, the determination and timing of any such proposal remains uncertain and will continue to be kept under review by the board,' said Burman.

[25babies] 27/3/2008 11:46

30% increase in 2 weeks - what's going on?

[wyorke] 08/2/2008 09:05

this share price hold at 60-70p area,
some city broker say 70-80p, some USA bank say 50-60p,
so it is fair price at now.(62p)

[25babies] 01/2/2008 17:20

Directors buying ahead of good news?????

[25babies] 29/1/2008 15:05

Quite a lot of small purchases and ADRs by directors over last 10 days - any significance as volumes very low???