SIG Share Price (SHI)

And 25p the following week!!

That sums up this stock, the only option now is to go private and even a bid of 70p would probably be accepted.

FWIW

03-May-24 RBC Capital Markets cuts SIG price target 32 (33) pence 'Sector Perform' Reiteration.

My worst performing stock now

The claim that the poor figures are due to "challenging market conditions" is a euphemism. How come their competitors are growing?

"Improve productivity and cost structure"? SIG has done nothing else in the last 5 years, reorganized and saved. As a result, many employees with knowledge and experience have closed the door of SIG. That works like a boomerang because they now work for their competitors (including myself).

SIG has cut back so much on everything that in practice they do not have the necessary resources for the essence: serving their customers. They sometimes even sell at a loss, but turnover alone cannot buy bread.

My prediction: in 2025 or 2026 they will have to divest their activities on the mainland and focus on the UK and Ireland. I don't know what that will do to the share price.

He is proving to be a donkey