Member Info for Kicc

How can they survive?

I have heard the same story

Spoke with one of their suppliers today who said one of their cat managers said they were not placing stock orders due to lack of funds!

Can’t believe a company which was the best in the business is failing so badly

They called us and said they wouldn’t be taking any new orders as they were being closed down.

I also hear a senior director has been given the bullet and leaves the end of the month. Also Euroform is going to.

Sorry to see SIG shut the above specialist insulation side down

The market is tough the numbers don’t lie as I said before it’s a crap market

The predictions are the market is going to be tough for the rest of this year and next due to the building safety act. They better get themselves in a better shape or break themselves up.

Sigplc conference tomorrow to toast failure for another year 🤔

I totally agree with your comments!

I was there when the share was £14+ the company was fantastic now it’s a junk stock.

I think it needs to be broken up it's reputation is completely shot.

At this rate suppliers will begin to get nervous about giving

them credit facilities.

Never seen that share price 10.50pence ever

You can’t keep cutting cost forever you need growth.

Sad to see the share price is dropping again!

The Invisible man has left with his gold!

The current CEO should be told to move on now he is a lame duck.

I can’t see any good candidates around to parachute in to this business it needs a safe pair of hands.

Most of the experienced candidates have retired!

The best couple of people who were in control when I was there was David Williams and Colin Fotheringham both knew the business very well and had respect of the staff.

They need a strong leadership team to turn it around. The brand is fantastic but has suffered under poor leadership for the last 15 years or so.