SIG - Live Discussion

oldjoe1 17 Nov 2015

Re: SHI, Broker Update........ Jefferies Group Reaffirms Buy Rating for SIG plc (SHI)November 17th, 2015SIG plc (LON:SHI)‘s stock had its “buy” rating restated by analysts at Jefferies Group in a report issued on Tuesday, AnalystRatings.NET reports. They currently have a GBX 250 ($3.80) target price on the stock. Jefferies Group’s target price would suggest a potential upside of 108.33% from the stock’s current price.SHI has been the subject of a number of other research reports. Goodbody Stockbrokers Ltd reissued a “buy” rating on shares of SIG plc in a report on Tuesday, August 11th. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 230 ($3.50) target price on shares of SIG plc in a research note on Friday, August 7th. Stifel Nicolaus reissued a “buy” rating and set a GBX 200 ($3.04) price target on shares of SIG plc in a research report on Friday, October 23rd. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 184 ($2.80) target price on shares of SIG plc in a report on Friday, July 31st. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 195 ($2.97) price objective on shares of SIG plc in a report on Monday. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 204.14 ($3.11).SIG plc (LON:SHI) opened at 126.9000 on Monday. The company’s 50-day moving average is GBX 153.38 and its 200 day moving average is GBX 185.74. The stock’s market capitalization is GBX 750.18 million. SIG plc has a 1-year low of GBX 117.00 and a 1-year high of GBX 212.20.

oldjoe1 17 Nov 2015

SHI, Director Buys at SIG........ Directors Buying shares in SHI SIG PLC. Helping to move the SP up.

oldjoe1 17 Nov 2015

SHI, UPDATE........ SHI SIG PLCFrom III board.......SIG pins hopes on massive savingsHarriet Mann | Mon, 16th November 2015 - 14:23SIG pins hopes on massive savings Less than four weeks after a savage profits warning triggered a dramatic sell-off, SIG (SHI) has, at least temporarily, plugged the flow of equity leaving the specialist building materials company. Full-year profit guidance remains unchanged, but trading did improve in October, and cost cuts and fixing its supply chain could save tens of millions of pounds.After underlying pre-tax profit jumped to £98 million in 2014, SIG last month slashed expectations to more like £85-£90 million this year following a difficult third-quarter in France and the UK Repair, Maintenance and Improvement (RMI) sector. This warning wiped out a third of the group's market value in about a month, as the shares plummeted from 179p to a low last week of 117p.But like-for-like numbers were positive in both UK & Ireland and Mainland Europe in October, and while we shouldn't read too much into one month's data, it's certainly good news.And at a capital markets day, SIG chiefs will tell major shareholders and analysts how it will cut costs and grow earnings. The numbers bandied around ahead of the presentations are significant.Changes to the supply chain could save £20 million, and growing its air handling and offsite construction businesses over the next three years should make SIG a further £30 million. Together with £10 million of ongoing procurement savings, the company could grow profits by an extra £60 million by 2018. Incredibly, SIG believes a possible phase two of supply chain changes could save an additional £30 million.As most capital market days reveal little new information on a company, Panmure Gordon analyst Adrian Kearsey reckons it is "refreshing" SIG has announced a clear target for earnings growth, especially given its strong record of achieving targets. The group has been performing ahead of targets set two years ago in a three-year plan to drive £30 million of savings."The plans represent a material potential upside for investors," explains Kearsey. "Relative to our FY17 forecasts (we currently do not have published FY18 numbers) this represents a 46.4% uplift to PBT." He thinks SIG will make £85.3 million, or earnings per share of 10.5p this year.Despite basing the trading update on only one month's data, buyers have jumped on the news which has sent SIG shares 6% higher to 128p. They now trade on 10.6 times earnings estimates for 2016, but that seemingly modest rating is justified by both the business climate and execution risk. It will require an improving trend and evidence of massive savings before investor confidence is truly restored.

oldjoe1 16 Nov 2015

I C Comment today........... SHI SIG PLCInvestors Chronicle Comment Today.......Shares in SIG (SHI) jumped by 6 per cent after the insulation and roofing materials specialist delivered an upbeat trading statement, although it cautioned that trading conditions remain challenging in France and the UK RMI sector. It has also identified further cost savings that could boost profits by £60m by 2018. We stay buyers.

oldjoe1 16 Nov 2015

SHI, Capital markets Day Presentation..... SHI, SIG PLCTodays Capital Markets Presentation Day........[link]

oldjoe1 16 Nov 2015

Re: Nice rise today SIG plc 10.7% Potential Upside Indicated by Liberum CapitalPosted by: Ruth Bannister 16th November 2015SIG plc using EPIC/TICKER code LON:SHI has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Liberum Capital. SIG plc are listed in the Industrials sector within UK Main Market. Liberum Capital have set their target price at 135 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.7% from the opening price of 122 GBX. Over the last 30 and 90 trading days the company share price has decreased 53.7 points and decreased 75 points respectively. SIG plc LON:SHI has a 50 day moving average of 163.93 GBX and a 200 Day Moving Average share price is recorded at 191.27 GBX. The 1 year high stock price is 212.2 GBX while the 52 week low for the share price is 117 GBX. There are currently 14,376,774,204 shares in issue with the average daily volume traded being 2,167,253. Market capitalisation for LON:SHI is £754,436,267 GBP. SIG plc is a United Kingdom-based distributor of specialist building products in Europe. The Company is engaged in is the supply of specialist products to construction and related markets. The Company product and service offering’s three core markets include insulation and energy management, interior fit out and roofing products.

II Editor 16 Nov 2015

NEW ARTICLE: SIG pins hopes on massive savings "Less than four weeks after a savage profits warning triggered a dramatic sell-off, LSE:SHI:SIG has, at least temporarily, plugged the flow of equity leaving the specialist building materials company. Full-year profit guidance remains unchanged, ..."[link]

oldjoe1 16 Nov 2015

Re: SHI, Broker Update........ SIG plc Given Buy Rating at Panmure Gordon (SHI)November 16th, 2015SIG plc (LON:SHI)‘s stock had its “buy” rating reiterated by analysts at Panmure Gordon in a research note issued on Monday, AnalystRatings.NET reports. They presently have a GBX 195 ($2.97) price target on the stock. Panmure Gordon’s target price indicates a potential upside of 62.50% from the company’s current price.In related news, insider Robertson,Douglas bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The stock was purchased at an average price of GBX 135 ($2.05) per share, for a total transaction of £13,500 ($20,535.44).Shares of SIG plc (LON:SHI) opened at 127.3000 on Monday. The firm has a 50-day moving average of GBX 153.38 and a 200 day moving average of GBX 185.74. SIG plc has a 12-month low of GBX 117.00 and a 12-month high of GBX 212.20. The stock’s market capitalization is GBX 752.54 million.

oldjoe1 16 Nov 2015

SHI, Broker Update........ 16 Nov 2015 SIG PLC SHI Panmure Gordon Buy 127.65 120.00 195.00 195.00 ReiteratesSP TARGET 195p

oldjoe1 16 Nov 2015

Re: SHI, Trading Improves in October....... BUZZ-SIG: recovers on cost-savings targetsMon, 16th Nov 2015 09:28** Specialty building products supplier SIG rise as much as 7.5 pct, among top gainers on FTSE 250 index** Co says in a Capital Markets Day statement that it is reshaping its supply chain to reduce costs, targeting savings of about 50 million pounds** Stock had lost 33 percent since Oct. 22 when co warned on profit (Reuters Messaging: [email protected])

oldjoe1 16 Nov 2015

Re: SHI, Trading Improves in October........ BRIEF – SIG sees FY underlying pretax profit of 85 – 90 mln stg16-11-2015 08:24Nov 16 (Reuters) – SIG Plc :Group is targeting 20 mln stg of cost savings from implementation of step 1 of its supply chain strategyTargeting 30 mln stg of additional profit from growth in its air handling and offsite construction businesses over next three yearsThese initiatives provide group with a 60 mln stg profit improvement opportunity by 2018SIG believes there is potential for an additional 30 mln stg of savings from enacting second step of its supply chain strategyContinues to expect underlying profit before tax to be in range of 85-90 mln stg for full yearSource text for Eikon: ... Further company coverage: SHI.L(Bengaluru Newsroom +91 80 6749 1136)

oldjoe1 16 Nov 2015

Re: SHI, Trading Improves in October........ REG – SIG PLC – Capital Markets Day and October Trading16-11-2015 070For best results when printing this announcement, please click on the linkbelow:[link] Number : 7486FSIG PLC16 November 2015 16 November 2015 SIG plc Capital Markets Day and October Trading SIG plc ("SIG" or "the Group", a leading distributor of specialist buildingproducts in Europe, is hosting a Capital Markets Day in London today at2.30pm. The key themes of the day are the reshaping of SIG's supply chain, based on atwo-step strategy to reduce its cost to serve, and how it intends to grow itsvalue added sales, with a focus on air handling and offsite construction. The Group is targeting £20m of cost savings from the implementation of stepone of its supply chain strategy, and £30m of additional profit from growth inits air handling and offsite construction businesses over the next threeyears. Together with ongoing procurement savings, these initiatives providethe Group with a £60m profit improvement opportunity by 2018. Furthermore SIG believes there is potential for an additional £30m of savingsfrom enacting the second step of its supply chain strategy. The presentation will be available on www.sigplc.com later in the day. Trading On 22 October 2015 SIG released a trading update in which it cited difficultQ3 market conditions, particularly in France and the UK RMI sector. Trading improved in October, with positive LFLs in both UK & Ireland andMainland Europe. The Group continues to expect underlying profit before taxto be in the range of £85-90m for the full year. Enquiries SIG plc Simon Bielecki, Head of Investor Relations + 44 (0)7515 794359 FTI Consulting Richard Mountain/Nick Hasell +44 (0) 20 3727 1340 This information is provided by RNSThe company news service from the London Stock Exchange © Thomson Reuters Limited. Click for restrictions

oldjoe1 16 Nov 2015

SHI, Trading Improves in October........ SHI SIG PLC (building, Insulation)SHI SIG PLC, Trading improved in October and a Markets Day today. Company have slashed costs.[link]

nk1999 24 Oct 2015

Jefferies From Citywire:"SIG slumps on home improvements declineJefferies is sticking with its ‘buy’ rating on SIG (SHI) despite a dive in the shares of the builders’ merchant after it issued a profit warning.Shares in SIG slumped yesterday after it said profits for the year were likely to fall between £85 million and £90 million, below the £100 million investors had been expecting.It blamed a slump in home improvement demand in the UK, couples with deteriorating conditions in its French market.SIG’s shares tumbled 20.7% to 141.5p, taking them even further away from Jefferies’ 250p target price.Analyst Sam Cullen said that management were on the right track but could not fight the deterioration in the company’s markets.‘We continue to believe there is much good work going on at SIG and further potential to improve the underlying operational efficiency of the business,’ he said. ‘However, we also recognize that there is only so much management can do to offset deteriorating markets.’ "

grapheve 11 Aug 2015

Re: Results recovering now in a falling market.

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