Member Info for jh2704

I have far more than I should! I am imbalanced (in my portfolio...but my wife would expand that view)

on the holds the lowest target is 76p lol

I think they have to get acceptance from 70% of shares so they will have to sweeten the pot so to speak. A lot of our shares are held by IIs...and they will demand a premium.....which will apply to us Pis...list of IIs is attached with their percentages...https://www.marketscreener.com/SIG-PLC-4000940/company/

that was dated 13/05...so numbers will have changed

from the other board
they are not selling as you might think, they are shifting non-voting shares to voting shares hTTps://investegate.co.uk/sig-plc/rns/holding-s--in-company/202005071641283308M/ the shares with voting rights up to 4.52% from 2.84% the overall position down to 8.11% from 8.78% go check the rest of their TR1's and consult a derivatives expert to understand more about the cash settled swaps that extends into 2021 my bet on them front-running a bidder, more likely IKO Enterprises which they increased their holding to 14.77% as of 12/3/2020 hTTps://investegate.co.uk/sig-plc/rns/holding-s--in-company/202003121035399149F/

and me making 2+2 =5 (I hope)
IKO, which has a history of acquiring businesses in the roofing/construction sector, has built a 14.77% stake in SIG Plc (latest purchase of shares March 2020). Their latest acquisition was the Roof Tile Group in New Zealand in November 2018.

loss in NUMBER of shares...is more accurate

JPM have been selling millions of shares...still 19 million to go. This will cause the share price to drop by law of supply and demand. Interestingly JPM have been buying swaps to compensate for the loss in shares...see attached https://www.lse.co.uk/rns/SHI/holdings-in-company-ta45peypt3xcjfr.html

19 million to go according to this chap...so Wednesday of next week perhaps?

The Greedy Investor
@greedy_investor
·
1h
Fancy #SHI to have a nice bounce from here.

50 million traded In the last four days and JPM only have 19 million shares left.

switch off from it. The Directors have done this before, Richard Griffiths has done this before. Both sets of parties have enormous skin in the game. 62.5p within 18 months is my bet...What do I care what last years update is going to say? We know it has no debt after the deal with AZN..so it will survive..Patience is what we need here

Replying to
@BrenchleyCap
and
@AIM_profit
#SHI have been fully operational in Europe: We have remained open in most of our other countries of operation and trading has continued on a near-to-normal basis in ‘France’, Germany, Holland and Poland, all within local government guidelines in each country.

not soon....from other board

Received an email back from them confirming that no results announcement planned for May

Winter is coming and you will sell at 40p. Anything new to say 2reincarnated or is that it?

The reason I dislike it is that it has never made me any money over the last 2 or r years. Great company and well managed. But an absolutely crap investment for me personally

doubt it...this share has done nothing but lose us all money. I dont know anyone in profit on this...

i bet on IKO...

it hasnt though...Griffiths owns nearly 30% of Circassia bought at 19p...its up over 30%

you did double up then ? lol

I saw this yesterday on the HUR board and know you have an interest in OIL....

The biggest thing this “Oil War” injected into the mix was project risk. Where once shale players would have a downside risk modelled at $35 a barrel their downside risk is now probably $15. Chip in a raised required “Internal Rate of Return (IRR)” which was probably 12% but now has to be 18% and the effect is that 90% of US non conventional projects cannot be financed unless done so internally. Chip in the need to repay the banks and the solvent companies simply don’t have the capital to drill anything but the best targets. This longer term is what is going to stop the Shale players re-entering the market and was always the target of the Saudis, the Russians but also the big oil players like BP, Shell, and even 80% of the people at Exxon who wanted rid of “Shale” who capped upside pricing. Welcome back to the 1970s?

a poster on the other board estimated the sellers will be out this week. He thought they had 30 million to sell...a couple of big days last week.....so not long to wait

On the lse mtro board they have what they call x-dressing Sunday where people are encouraged to punt other shares they have researched and think will do well

I hope no one takes offense. Circassia is one that will do well. Richard Griffiths has nearly 30% either directly or thru vehicles. New mgt incentivized at 63p per share. Recent dal with Azn makes it debt free. Shi is my 2nd biggest holding. Cir is bigger by 25%. I hope you all do well whether you look or not