We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Good news is the business is back in profit and stable and strong and Ready for the next phase of growth
Might have to change the thread to mick and his mates. Although really they are all just one and the same person speaking to themselves. Sigh.
The good guys stayed and fought the cowards ran away
Bit of a weird reaction to posts that don't exactly align with your world view to accuse a bloke of creating hundreds of accounts.
I don't have much of an idea about investors/fundamentals/debt or anything else particularly financial. I simply popped on here to comment on the size of the job the new management team has on their hands.
Decades of customer trust was wiped out during the previous management's tenure. Central inventory, moving credit control abroad meaning customers could not make themselves understood on really important matters, the desertion of the business by brilliant people... the list goes on. They didn't just lose market share - they lost whole markets.
I've felt some sympathy for the new regime. They include some brilliant people. I've also some sympathy for them trying to turnaround such a big operation in the short time they have. I was incredibly sad but relieved to leave and I genuinely mean it when I say I hope things get better for those guys on the front line.
Superb xyz heart attack or dickmick26 what’s your prediction for the 2032 housing market on May 31st around midday I’m looking for a big play on Housebuilders around then
I have carefully read the explanation of “Insultion”. This perfectly reflects what is going on within SIG. I also note that there is a big difference in the opinion of SIG staff in the UK and on the European mainland. That confirms the impression I had when I attended a conference (with company visit) in the UK.
In the UK they can apparently keep up appearances. While the reputation in mainland Europe is very lousy. Just as “Insulation” describes it.
Be quick daftmick26 reckons SIG is ripe for liquidation no doubt isolation heart attack and xyz agree
It’s always reassuring when someone goes to the trouble to create an account and be a Good Samaritan just to come here and point out the error of our ways ….. thank you , I will sell everything
first thing in the morning and count myself lucky
Dicks an absolute Mick
This board is now a complete pantomime. Oh yes it is!
love this username...Insulation..who could it possibly be LOL
Where’s Wally ?
I've got nothing to prove to you, Wally.
As I said I hope for the friends I still have working at SIG that all the issues are sorted out swiftly and the business returns to profit.
That’s desperation right there. Top entertainment right enough. Nice MACD cross, More Funds bought in yesterday. looking good
Thanks for that Mick you must be running out of e mail addresses for all the usernames you have on here
Up until recently I had service at SIG measured in decades rather than years but like many, many people felt I had no other option than to pursue a career elsewhere. The question for me before I'd invest in SIG is why on earth all of their competitors around them have been posting record years while SIG remain unprofitable. The rapid expansion of some independents proves that the business is out there for well run companies with expertise at their heart.
The issue for SIG are two-fold; the availability of stock is still at best patchy and will take many, many months to resolve and the second is the mass exodus over the last three years of the expertise they based their success on. They were prepared to see renowned industry experts leave the business by the 100's and now find themselves in the position of having to pay top, top (top) dollar to get some of these guys back into the business.
SIG was built on individuals who knew what they were doing running their businesses to the benefit of their customers. This changed dramatically three or four years ago and those guys with that spirit and drive are now sitting somewhere else doing it for someone else. You simply cannot recover overnight from losing such significant people from your business. Those people were the business.
I wish SIG well. I have no interest in seeing them suffer further. I have no interest in seeing investors on this board or indeed longstanding staff members (and friends) lose more money on their shares but its naive in the extreme to think that the sunny uplands in the UK are just around the corner.
The whole business is profitable Eurocentral one our big locations up in Scotland is smashing sales and profits I knew mad mick was out of his depth when he said contractors only buy on price wtf product range availability and most importantly credit facilities are key this was the same 23 years ago and 200 years ago product availability is easing up but still not perfect manufacturers are taking advantage of market conditions and in some parts choking supply to drive prices up
Not worried Melseth. They assume we were born yesterday. It all seems to be going to plan presently.
Please tell us how it is going at your branch at the moment? I would be very interested in that.
Don’t worry guys I’ll sort out these 2 imposters (or possibly 1 imposter with a digital twin) I know this business in great detail. They’ll now dance to my tune
Believing in what you want to believe and ignoring crackpot anonymous posters with shiny new accounts and/or accounts exclusively used to bash one stock is surely a liberty we may all cling on to.
Like a lamb to the slaughter incompetent reply I’ll throw the bait and you dance to my tune
When did you leave SIG …..
Melseth, why should I answer your question? You will only believe what you want to believe.
"Shame" said Don Quichot!
There will be no reply from ex employee as he won’t be able to accurately or honestly answer SIG relevant questions about his workplace the last imposter hid behind the old 23 year ago defence
Ex employee what branch or region did you work in
Steve’s an outstanding leader & Phil John’s been great for the business the only way is up or down or stagnant