Results Profit up dividend up share price down Why?
Re: Holdings in company In fact, on re-reading the RNS, Blackrock's notification was on 5 August and the company delayed releasing it until just after mid-day on Friday 7 August - very strange.
Holdings in company So Blackrock think it's OK, do they, to reduce their shareholding and cross the 10% threshold on 14 October 2014, but notify the market on 7 August 2015, 2 working days before the half-year results announcement. Something definitely not right about this.
Half-year results TPK reported today (closest competitor IMO) - improvement was relatively modest c/w H1 last year. If that same performance is replicated here when SIG announce their half-year results next Tuesday, then I can't see a P/E of 36 being justified. Overpriced imo - small short opened today which I may increase over the course of the next few days.
Established income payer with stable financial health and growth potential. Some futher details on LSE:SHI [link]
NEW ARTICLE: Budget 2015 preview "Chancellor of the Exchequer George Osborne will rehearse his Budget speech in front of the mirror on Tuesday evening knowing it could be his last, for the upcoming general election is shaping up to be one of the closest contests in modern ..."[link]