Member Info for 2reincarnated

Will it be 0.5p or 1p?

Expect tons of it!!

In September at 0.5p

A placing and then a quick 3 bagger.

When?

They own 28.9% of shares and this is potentially very significant and they may decide to get closer to the 29.9% threshold in the coming weeks and months. BlackRock own 8% and they are a ''Vulture Fund'' if CD & R oppose a cash call, cannot rule out BlackRock doing what they and the likes of Apollo do to companies in forcing them into a cash call.

So much below the 1p placing price. these were consolidated many years ago?

If we don't get a cash call, the chances of an outright bid increase dramatically. If the SP gets anywhere near 65p again, it will not be so much about improving sales, but a takeover built in. On a announcement of takeover, expect the SP to rise modestly.

Are the main difference between the SP now and 2021 when the SP hit 65p. But the problem with cutting interest rates is we may get back inflation, but it might only be a bit higher. Unless we get a cash call, the SP may now start to factor in the growth lowes rates could bring.

It is just the markets way of demanding long overdue interest rate cuts in US. There will soon also be a ''trump rally.''

According to the sky news article they may have announced a rights issue today. they might still do tomorrow?

But, at what price?

1p?

Will if anything have a negative effect as inflation still not under control. SIG will likely report although sales improved slightly, this is offset by increasing costs. This is a dud and the only way out is a takeover.

The- Lockie thanks for your post.

That rule only applies if shares not kept in ISA.

Yes a waiting game, but more so a gamble. Strange why the SP has not crumbled because if a rights issue was coming, it cannot be for more than 20p, likely 12-15p. If a rights issue is not coming, is it because CD &R think its better and quicker for them to do now what they would if they bought the company outright. That could see the shares rise to a more reasonable level and from there launch a takeover. They could sell of bits and do a rights issue next year?

If there is a rights issue and you take it up, the shares will fall below the issue price for a while. If you don't take up your rights, the SP will not fall below the issue price. If there is no cash call and a takeover, it will only be after restructuring, cost cuts and sell offs. This could cause the SP to hit 40p, if there is a bid by CD & R at what premium to ''last nights closing price'' will the bid be? No way more than 50%?

We would only get paid if it is a full takeover. If only parts are sold off your shares would rise so you could sell them anyway. The Skynews article talks about ''weighing up'' a rights issue. This infers it is an option and not agreed buy all, if CD & R don't agree and go for a takeover, it will be at a silly price.

That is what SIG now is. CD & R will now be ''number crunching'' and asking themselves is it easier to make a move now or wait for the shares to recover from the likely 12-15p issue price? That could take years and result in the same outcome as doing a cheap takeover followed by selling bits off and exiting operations here and there.

So far!!!

Can see a cash call later in the year.

This points to a placing!