Member Info for 2reincarnated

If there was no Covid and the SP recovered to about £1.20 over the course of the summer, then we would have seen a takeover of about £2 per share. With the dilution, but better capitalization, I cannot see anything less than £1.20 going through.

My goodness you keep on going on about an economic boom which is not going to happen. SIG will do well because CD & R will make sure all the issues that existed in the past are dealt with. It is good enough to get a seat on the board, but when you have nearly 30% of the shares, you can really steer the company in the right direction. If anything, we will see a recession in the coming years.

"mick" you go by the profile name " madmick62" I think the profile name "plonker 2021" would he more appropriate.

We must appreciate that in the US the markets haven risen on stimulus packages. In some cases like Hertz bankrupt companies have been bought back to life. This " stimulus" comes from somewhere and is highly vulnerable to rising interest rates which will cause a severe pullback. If inflation is too high and interest rates rise too sharply and coincide with the end of FED's bond buyback policy, then we will almost certainly see a crash.
In the UK we have a terrible debt problem coupled with brexit, tax rises are coming soon, we seldon, see a sustained stock market rally in these conditions. I therefore conclude, the market will be in correction territory from the autumn onwards.

Your first suggection about a correction in May is nowhere near as " mad" as your next suggestion that SP's will rocket for the next 4 years. They cannot because the world economy has been battered by covid and most companies have taken on a lot of debt which could strangle them when interest rates rise. Most companies have SP's " bloated" by the stimulus packages dished out by the FED, SIG is simply " jumping on the bandwagon" and will continue to rise for a few months because it is currently undervalued.

will it be broken today?

Only a crash next year when the FED stops pumping money into "trash corporate bonds"

TC101 lol.

Agree lovely day in garden, just picked up 18 bottles of Carlsberg Export for £10 from ASDA bargain, lovely beer.

with or without takeover rumours

As early as the Autumn, considering some of the "stimulus fed garbage" we currently have in the index, some of this index is " the living dead".

Would not have said this if it was a company inferier to CD & R had done the PIPE. Considering who they are, they have gone from "prince to pauper".

even though the ''pipe arrangement'' was strange

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.

I think tomorrow, hope it is not a ''kiss of death'' lol

??????

Was just a bit of humour, it will be 41p this week and 44p very soon

Honestly not joking you know!!!

Think there is no doubt we will see 44p very quickly, if we get to 41p by Friday, I cannot see it not getting to 44p the week after. It is reasonable to expect 60p sometime this summer.

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.

we could be back to 44.54p next week