Member Info for Ichi

Live price 10.5....Steam train comin thro'!!!!!!

LIve 9.4 are we seeing a breakout.......

Choo Choo!! Live price 9.1....come on baby!!!

Live price 6.8 up 21%

Good News at last...... http://www.investegate.co.uk/Article.aspx?id=200907090700113584V Extension of loan facilities....results to be issued on 14th.. Onwards and upwards Rodney!!! We ain't dead yet!!!

I am still in here...and it's a bloody frustrating share....when it does rise, they open the spread right up so whilst the listed price is dragged up by the asking price....the bid price hardly moves, so it's been impossible to sell at anything like the price listed!!!! If Duncs123 has lost 160k...i really feel for him, but think it a bit silly after holding all that time, to not wait for the results!!! He said he bought at 17p so an investment of £255k i calculate, and if sold for6p, i assume got £90kish back.......but that would mean a sale of 1.5m shares????? not seen anything like that volume go through????

Another profit warning this morning. This will continue to Fall IMO. GLA http://www.investegate.co.uk/Article.aspx?id=200906180700110959U

Lets hope this post doesn't get deleted!!!!! SIG have grown through acquisition....a flawed business model at the best of times, but this has saddled them with huge debts, that still need to be repaid in times of recession. They have recently had a rights issues at 75p per share, and this is where the share price is now headed IMHO. DYOR......but the recent magmt rpt (link below) is terrrible http://www.investegate.co.uk/Article.aspx?id=200905130700141419S Most of the funds raised have been used to pay down some of the debt they were in risk of breaching covenants on...but is it enough??? They rely on certain aspects of the construction industry i.e. RMI, newbuild, and office interiors. All sectors are on their knees. In Office interiors their two brands Komfort and CPD actively compete with each other in an area they have a monopoly on....crazy! Rumour in the office inter ind is that the MD's of both companies have just been made redundant?????? Rumours of branch closures are rife On insualtion, St.Gobain ,that were once rumoured to be interested in a takeover, have now formed Minster, which is gathering pace and taking market share. One to be wary of at the moment....but remember all IMHO DYOR!!

I would still be cautious with these....no way they will ever go back to the dizzy heights they got to....through acquisitions and a lot of spin. The former CE David williams took them to the edge with all the borrowing to fund tha tgrowth...al well and good until a rescession takes hold, but the skeletons have to come out then. They are still struggling in a difficult market. One to be wary of at the moment. IMHO

This one definately seems to be moving now.... Anyone else in here?

Just had RI which was well taken up at 10p per share. Dragged share price down to that level unfortunately paid off a lot of debt and freed extra cash up for more office/ind space to let out. starting to see a lot of activity in shares with 200k sold and 2.5m bought today. bit of movement now showing in share price.....think this is set to rise again

SIG's interior and dry lining divisions distribution side are getting hammered as with Wolseley. they are closing branches and laying off staff. SIG grow through acquisition and this has incurred debt which needs to be reduced. They are quite well placed with the insulation side which is heavely pushed via HMG with grants available. This is quite a volatile share and good for day trading if you get the timing right. up and down 30% one day alone last week. Sub 110 is usually the catalyst. One to leave alone until the RI dust settles now though

Explains the sever drop in the last few weeks.....further to fall by the looks of it! From LSE Share news: - SIG POISED FOR 320 MILLION POUND CASH CALL Insulation and building materials group SIG will announce a 320 million pound capital raising on Wednesday as it moves to reduce its 710 million pound net debt by 40 percent. Half of the fully underwritten cash call will be raised through direct placing of new shares, while the other half will be generated via a fully underwritten open offer. Both will be priced between 70 and 80 pence. Brokers Panmure Gordon and JP Morgan Cazenove will be joint bookrunners, while Lazard has also advised on the move. About 20 million pounds of the total raising will be an arrangement fee.