Member Info for 2reincarnated

Me thinks it was. If it was, my goodness it will drop to 3p and then rocked to 20p where it will hover.

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.

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.

8th August. If no surprises, things could move quickly.

And the recent SP fall factored in the worse case scenario. If it stabilises, markets may become ''forward thinking'' and worst is over.

They have taken a quarter of next years profits too. Do we on this BB feel the conditions are now right for CD & R to take this private? I feel if blackrock build up a stake, this could force them into it. That is essentially what blackrock do.

They are a ''vulture fund''? If so they invest in what they see as oversold assets. If they or someone else built a sizeable stake, they could put pressure on CD &R

Early fright on what we already knew. This is not a profit warning.

Https://m.uk.investing.com/news/stock-market-news/uks-sig-sees-profits-at-lower-end-of-estimates-as-demand-wavers-3072756

Yes the update was not bad, but the company said 2023 would not be great. Perhaps the fall was a knee jerk reaction?

Seems to be recovering a bit today though. If next update suggests things not going down, we could then see big bounce.

I've always said CD & R will top up more, because they do not hold 29.9%, however, this will be later in the day.

When will this move? what will move this one? Is the drop from 45p down to the fact SIG by there own admission said sales would fall in 2023? but they said that in March and it rose.

you see the fact it is holding up in difficult conditions will more than likely be the driver for the SP going forward. I now think the rise during this period in 2021 from 40p to 65p was exactly based on the same rationale. This is that things will not get worse, but they did and hence the subsequent fall to sub 30p. I now feel we could see a similar rise again, if we begin to see inflation fall, this could pop. I do not think we will now see a recession.

what happened during the time period you refer to was bizarre, what happened after this was even more bizarre, as the company has been in a better position since, yet we went sub 30p!

can see you in sight

Halve first

But have first!

but CD & R stake is a poison pill. Would say to them ''put up or shut up''

bet he is and his lawyer is a ''leggy blond'' with high heels lol