Member Info for Carllapos

Francis clearly bullied Union Pacific as a child or something.
I’ve never seen such a single minded hate campaign against one individual. Like it literally consumes his life! If you don’t like him, don’t invest and move on. This board is for investors and you’re frankly embarrassing, personal vendetta, is of no help to anyone.

It’s a strange one, I’ve seen worse results than this in recent months that have caused a jump in share price. Losses not horrendous, the Financial future is secure and a plan is in action, happy to hold for a year or two and ride this storm.

Idiot.

You’ve got to factor in the share dilution. We already kind of are at 50% of pre covid price. Still Has decent long term prospects though, I think.

The whole market has been destroyed this morning and you want to sack the new CEO over it. What a ridiculous post.

It’s nuts and grossly undervalued. The share needs some recognition by either an institutional investor or a large brokerage.

I’ve been holding superdry for a fair while and that is in a very similar position, strong cash reserves , stupid market cap etc. There was an article in the telegraph last week from a larger broker Backing the MD and the stock went up 25%. We need that sort of exposure here.

Not sure a take over would be good for returns at current market cap. Could actually kick us where it hurts! I’m hoping that patience is all that is needed here......but then again I thought that when I bought in at 105p ha ha

Sadly it’s looking that way. I think I’m going to average down and hold for Upto 12 months. There’s value here for sure, it just doesn’t seem to be getting recognised.

I hate to say it, but it’s looking like the only thing the results attracted was day traders who are taking their profit and running. Not sure where this share is going from here now. Without a decent institutional investor on board, this is really struggling to gain traction.

To be honest, you’d like to think this is a safe haven stock now. There may still be question marks over profitability. But in this covid landscape the biggest fear is insolvency and with a large capital holding, low debt and a guaranteed order book, you’d think that would be enough to attract investors. I think this stock really deserves to be at 150p as it stands, if it turns a profit in the jest 12 months then we should be looking at 200-250p. But it doesn’t mean that’s how it will go.

I wasn’t planning a long term hold on this, but it’s becoming apparent that’s what it will be! Ha ha

A positive trading update and then a reasonable announcement with today’s accounts and we still can’t break 100p!!

The market really does Not like this stock.

I’d be over the moon with any close over 100p. Given that the rise is based on fundamentals, I’d like to think it can steadily push on from here. I’d much rather see consistent 2-3% daily rises rather than massive gains as that promotes day trading, which can hold back growth.

In theory all the risk has been removed from this stock and the market cap should return to more in line with the balance sheet. But will the Institutional investors have confidence in the forecast return to order next year? If so and this does return to profit, then I’d say 90p is as good as half price!!

Productivity was still massively slow on site and the supply chain was severely disrupted.

In my opinion they were set to make a loss regardless and covid has provided a nice distraction for them to blame it on.

Does this 1-2% refer to NP or GP?

I’d like to assume that it’s NP, if that’s the case, it’s not as absurd as people are making out.

Thanks for the update Appleby. Not sure what to make of that situation, but not gong to lose sleep over it.

Many reasons to sell a property if they own a freehold. Commercial property market looks very poor going forward as does the rental market. It could free up further cash or clear debt is those properties are already mortgaged, which they likely would be.

It could be a positive action that falls under the remit of increasing efficiencies and reducing debt. I certainly don’t see it as cause for concern, what ever the reason.

Appleby, how do you know they’re not company owned sites? And is the auction for the freehold
Or long lease?

My only counter to that (and my hope if I’m honest!) is that SIG is arguably undervalued compared to Travis when taking into account SIG’s restructuring.

Travis had rallied in the lead up to the results, so had more of a down side risk. Where as SIG is being suppressed in the lead up to the results and is already priced for the worst, so has much more upside potential than Travis ever did.

Even if results are disappointing, I don’t foresee anything that could take this share below 28p. So In summary I think the downward risk is minimal, but the potential upside is vast.

I’m in for 140k shares now, which is a big holding for me, hoping for 50p, dreaming of 60p but preparing for 28p ha ha

The market response to Travis results doesn’t bode well for SIG. can’t see why it would be any better than Travis. But, a positive spin on the restructure could still be cause for a rise.

When I invested in superdry it was between them and TB. TB was at 73p at the time. I honestly thought superdry had the better fundamentals, but the market does what the market wants ha ha