LSELondon South East
IIIInteractive Investor
DTMdiscussthemarket.com
SHI oldjoe1
16 Nov 2015
Re: Nice rise today <b>SIG plc 10.7% Potential Upside Indicated by Liberum CapitalPosted by: Ruth Bannister 16th November 2015</b>SIG 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.
MIRA sceptical ali
16 Nov 2015
Interview Jose told the interviewer that he expected one of the potential clients to make a decision very soon, given that was about 4 weeks ago, it looks like they've failed to sign a client yet again. I can't see this going anywhere without new client wins.
UTW lambrini girl
16 Nov 2015
Re: Opporunity... nice bounce..shudd reverse to 150 soon..<<BANG ON!!
NOP savenierres
16 Nov 2015
Re: Raising £1.2 Million, Mr NI share your cynicism but I think you are wrong to imagine that NOP can keep going indefinitely.Today's announcement says they are raising $1 million and using just $200k to acquire an asset in Canada.Goes on to say that if shareholders vote against the transaction then NOP will not have enough cash to get through the next year. That's a big red warning flag.Goes on to say that the asset generated only a few hundred thousand in the past 8 months. Which means that even if the acquisition succeeds it will be generating only a tiny trickle of funds - hardly enough to keep the directors in rich tea biscuits - so hardly enough to transform the company's fortunes. And of course the projections are based on oil prices = $47. A lower price will wipe out some or all of the paltry cashflow delivered by the new assets.But here's the real kicker. When NOP acquire the new assets they will take on responsibility for abandonment and end-of-life costs. Those are estimated to exceed $10 million. Now NOP does not have $10 million. And has no means of getting its hands on such a sum. It has less than $2 million in the bank last time it mentioned the subject. Indeed its whole market cap is only about £3 million. So how can it possibly cope with $10 million of abandonment costs? Obvious answer is that it can't. So when the time comes it will simply go bust.Of course if the Canadian regulator is doing their job they will want evidence of the availability of funds before accepting the transfer of abandonment responsibility from the current owner.It looks to me that the current owner is ready to give the asset away to escape from the impending cost of abandonment. NOP has to be absolutely desperate to take on such a crock.I think that NOP cannot survive another 12 months. Its attempts to do so strike me as just kicking the can down the road to defer the inevitable lay-offs. It has been losing altitude for some years now. It is now flying just above the surface and it has an empty fuel tank. Sooner or later its engines will stop or it will run into the ground. Or its crew will bail out in their executive parachutes like Derek Musgrove did leaving the poor old passengers trapped on board.Whatever happens it cannot stay airborne indefinitely without fuel.
UTW FRTEB
16 Nov 2015
Re: Falling knife Down 12.50 (-7.35%) to 157.50 as I type. No news that I'm aware of to explain the fall.
CRL pharmaspecialist
16 Nov 2015
Re: Results The performance bonuses of Mr. McIlroy and Mr. Johnson for the year to 31 March 2015 are worth checking out as they look very contrived and designed to ensure that the above gentlemen receive lots of money. The fundamental problem is that this company is operating in a very competitive environment and lacks the financial clout of many of its competitors, particularly where brand marketing is concerned. I don't understand why the cost of a full listing is maintained. AIM is normally the natural home for companies like this.
SHI 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]
SGI coolcharm
16 Nov 2015
Re: Any good news? Unfortunately not, more bad news in fact. Had a quick read of the interims released last week. Dividends suspended, as expected. But what is more worrying is there is no cash on its balance sheet, company is running on bank overdraft. Yes, they have inventories of £55m, but do they pay their employees and rents of their offices in New York, London, HK and Singapore with stamps and old coins (pun intended)? Investors should be concerned here. What happens should the banks decide they are a credit risk. Remember the saying, 'banks will lend you an umbrella when the weather is fair and ask back when it rains'. Look at the global economy, I see dark clouds coming from the Far East.So we know now the new website was stillborn. How about all the recent acquisition? From the results, I don't think they have contributed much. Most likely they have paid over the top to acquire them. How about the investment side of the business? How are they suppose to convince potential clients to invest in rare stamps when they can't even manage their own business? What a joke this company has turned into. Shareholders stand to lose a lot here, if not already.
CAF blokesaid
16 Nov 2015
Loan??? $200,000 for "working capital".....seems a lot for maintaining a fence.
ELA Clarence Beaks
16 Nov 2015
GL to Eland but................. Im taking out my portfolio watchlist. not for me.
HAWK Clarence Beaks
16 Nov 2015
Re: End Game? hello obl.why do you rank chuck a joke? I see him as the one thing positive in this company.remember AE from HOIL days.
Latest from the Community...
Latest from the Community...
Latest from the Community...
