RE: Just Monday left till settlement at long last26 Sep 2020 17:08
SIG (im referring to ticker SHI / SIG roofing etc not signature avait) no idea on takeover, i just like the business and feel its been hit more then others in the building sector, with it recently raising at 25 / 30p and clearing some of the debts.
HUR - im a bit bias there as ive been in and out of it its whole listing life, at 3p and it still pumping millions of ÂŁ of oil out daily i think its too low, i dont trust the current board and my gut says the current management are underplaying it for a golden parachute bonus on a cheap takeover, i think the stock will have liquidity of shares dry up over next few months with CA and others buying and the price will move, price is very much controlled by shorts at the moment there, i think CA will get on the board and buy the bonds for the <30% in the ÂŁ that they are trading at and the company will flourish.
Hur has many similarities to here, has cash to buy back bonds on the cheap, has management that i dont trust, has significant holders buying up stock, has significant holders that value the company very differently to the management, has a large chunk of cash which they can utilize in many ways to secure the company while the markets under value them.
Apart from HUR Yea Its defiantly a longer term watch list.