Re: Market Correction and " Dull May"18 Apr 2021 10:07
The market will correct here and even more in the US, but that applies to " inflated stocks" and the markets may choose to gamble on another surge of variants in the autumn. This will not apply to SIG which is still undervalued going forward, yes there are now more shares in circulation but also more money following the injection of capital. If there was no Covid and hence no cash call, the SP may have been £1.20 by now or it may have been bought outright for more by CD & R.
This is a " turnaround stock" because if things are not getting worse and the company is currently on a " timetable" to profit, this can only mean SP growth from now until the next update which will show things are " on track". It is not unreasonable to expect 60p within a few months, however, it will take time to go further.
RE: Remember the stockmarket is forward thinking28 Mar 2021 10:35
The rest of 2021 is not a concern, but equally not going to show anything that can set the SP alight. However, because 2022 and beyond is going to be be good, inverstors will jump in now and therefore we could see a decent rise. What will set the SP alight is takeover interest.
Remember the stockmarket is forward thinking27 Mar 2021 12:16
It has " looked beyond" companies which have been effectively " closed" since March 2020 like JD Wetherspoons, Cineworld, Marstons etc. So why willm they ge concerned about the rest of 2021? To this effect I think we will be seeing a decent rise before June/July.