Member Info for 2reincarnated

Well Raleigh if you are going to go back that far, I'm going to bringthe two " chickes" from ABBA into the mix.

Lets get this clear. He only gets to choose one of these girls, I get the other two. Lol

Because he predicted the correction with "stunning accuracy" he gets to take his pick of any of the girls from "little mix".

carnage caused by an ''overvalued Dow Jones'' which needs to fall 5000 points which it won't. Even if it falls 3000 over the summer, SIG can still be a quid.

resilience is what we are seeing. There is a global selloff and yet we may finish flat.

not that I'm comparing SIG to any other sectors. I was merely saying silly SP's have been the flavour of the month for ages now

the road to heaven starts at 80p. Quite simply, this should have never fallen to 15p, perhaps not even 30p. Since then some SP's of ''closed'' companies like Restaurant, National Express, Marstons etc have risen several fold, with little justification. SIG is merely playing ''catchup''

Easily see this figure being reached and this could happen a lot sooner than we think. I understand C D & R still own less than 29% of the company, if that is the case topping upto 29.9 in itself would take the SP further, coupled with the speculation this would bring with it.

With all due respect, most posts on this BB are " guesswork". C D & R came in with the PIPE arrangement at a time when an alternative would have been for SIG to carry out a Rights Issue instead, this was like I said in a dire economic environment. Nobody would have predicted the scale and speed of the recovery. If a RI fully underwritten was carried out instead, we would not be long from having C D & R come in with a direct takeover.

Greatcrest. I use to think that was the case when they first did the PIPE. However, with the passage of time and the improving outlook I feel it will be prudent to make a full bid. The PIPE was done in a ''dire economic climate'' things have changed now, so much, I'm not sure they would have now done the same thing.
If anything, they could have pounced on SP weakness.

still think C D & R may take this private as early as Autumn. Surely 60p by months end

from a healthy and necessary fall.

never did anyone any harm

How much more can house prices rise? Anyway with migration and immigration to the inner cities greatly reduces, we will see a decline in demand for rental properties. This will be coupled with an increasingly aggressive policy to build news affordable homes, so much of it, sadly, on green belt.
so many terreced properties have been let out to migrant workers and the prices of these have rocketed as a result, so much of these have been bought with big mortgages and hence tight margins. If these margins are tested, we could see a big sell off, this would almost certainly cascade into the wider market. With the decline of the high street, we could also see urban floor space converted to cheap affordable accomodation. Generally speaking the UK now has a vey big debt problem and whilst we will see serious jobs growth next year when Covid is truly gone. So much of the new jobs will be "zero hours" hardly the type of jobs to sustain a " booming house market"

Madmick don't think house prices will double anywhere in the next 5 years. If anything, we will see a decade of very little house price growth and possibly even a crash. So much of the market was driven by the buy to let boom, whereby houses were let in many cases to migrant communities. With brexit this will slow down and coupled with the governments aggressive housebuilding program we could see an oversupply.

we'll have this conversation about 4:45pm. Anyway, hope all on this BB have a great Bank Holiday.

I'm jealous of anyone whom has a ''young chick''

''I have a lot of cash to invest''

''I have bought a lot of houses''

whatever next? '' I'm a ''sugar daddy'' to a lot of ''young chicks''

C D & R look for growth, this has potential with further investment. Reason enough

madmick. Because ''moneymakers'' think long term and are willing to invest. If C D & R took over this, it would not be the first company they turned around. Would not be too many years later that we would see this return to the stock market.