Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video 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.
Lol. I was only joking in response to the comments about a labour government coming in. Edwin 4399 needs to respond or not post!
However, £1 is achievable as we hit 65p in June 2021 and the company is in better shape now than then. Shares prices tend to reflect the future a lot and the worst is now over. Moreover, the markets look for resilience and SIG has shown that. Another factor is CD & R, they would not have bought into this if they did not see the attraction of taking it private.
“Under a labour Government, I can see this hitting 5 pound a share’. You must be taking some powerful drugs, the most it ever hit was 151p, a year before Covid. It is a great business, but still looks frothy to me, I am waiting for it to get back down to 27p. They work on low margins and depend of high turnover, when that stops things will start looking a bit different. Their competition is a bit more nimble with lower overheads, it will see 25p before a fiver!
If you are not willing to elaborate on your posts, please refrain from posting on this BB!!
In fact I can even see these at £5 under a labour government!
I think this is going up now because of the speculation on this BB about the new labour government coming in. Buy at this price because they will get the SP up to £3 in no time!!
Explain why a labour government would be a catalyst?
No reason why it cannot be back to 65p by the autumn, this is where it was in Summer 2021 and we are in better shape now.
I was 99.9% up in sig and I waited to see 100% up and then I was 15% down, I drank from the greedy cup and got stung.
Still I hold these and back in the blue now 5% up, it feels a long road to get back to double but to me the SP still looks cheap.
"a labour government incoming should be a catalyst" for the end of the UK!
Why would a labour Goverment have anything to do with SIG S.P?
It seems to me it’s a solid hold.
A labour government incoming should be a catalyst.
It’s steady as she goes
Hope it takes it back to where it started to fall from
Https://www.investorschronicle.co.uk/news/2023/05/31/housebuilders-private-equity-s-next-target/
I think CD&R are currently stranded in "no-mans- land" they are not getting the benefits of a listed company and neither the benefits of going private. It generates cash, not like morrisons, but still a fair amount. What about IKO? They hold 15% and why? If they have not got anything out of it, they might want to cash in? CD & R might want to re-list it in a few years time? So it makes sense if they get it cheap. Make no mistake SIG will come good, patience required.
Soz, I mean I cannot see it myself
Do you think CD&R will want to buy SIG out? Can see it myself
Sorry 29.9%
It was not a profit warning so not so bad. In any case SP's tend to reflect the future to a large extent. If there is evidence the worst is over, the SP can only go in one direction. As I have previously stated, CD & R do not yet hold 20.9% of shares, this is something that could change.
Unfortunately the S.P speaks volumes............
Why would you think so?
Well if its anything like the Trading update on the 5/7............we wont see much northward movement......
8th August. If no surprises, things could move quickly.
Kingspan manufactures and Sig distributes. Manufactures selling direct cutting out the middleman and increasing profits eroding the distributors profit.
And the recent SP fall factored in the worse case scenario. If it stabilises, markets may become ''forward thinking'' and worst is over.
My thoughts were - how come one company in the sector doing so well and the other so badly?