Member Info for Kicc

You have to wonder how they can keeping paying their debts?

They need a white knight to come to the rescue!

I did here that they held a meeting with Spain Gobain

Someone will buy it and break it up!

Or they will do a prepackaged deal and pick up the few good bits

Totally agree if I was a TP share holder I would sell up now!

I totally agree with you it’s the fixed cost that’s killing this business!

I believe you I don’t work there anymore but still stories of what’s happening there.

Oh dear and there are rumblings that Sigplc have had a bad months trading only roofing do well!

The only hope for this company is a PE buyout white knight to the rescue!

Totally agree with your assessment 👌

A brilliant brand ruined by a greed culture at the top all bringing their mates to get rich quick.

Most had no knowledge of the industry, just wanted cost savings to get a bonus!

Yes you are correct I left 2019 after 26 years!

Well back in the day Sigplc was a great company to work for. Then about. 15 years things changed the crown slipped they went from premier league to championship.

They need to face up to. They have fallen from the top and will never recover after all the experienced staff they let go like myself and others.

That could be the answer

This ship has sailed they only way for them is PE

You are not wrong there! The market is still slow going so let’s go touring Ireland!

I can smell the BS . Fixed cost are far too high they need to cut the amount of directors out save themselves a few million. There is too many people robbing a wage!

Complete joke the board should be told to leave now . I hear the CEO is touring the Irish business next week. He should be concentrating on getting the sales up with better margins all they seem to do is give it away.

With the current management failure is coming they are useless. They are being paid a fortune for failure

I can only see a break up coming. The distribution side is currently giving their products away any fool can sell by giving it away the art of selling is keeping your profit in your pocket!

Yes I lost a fortune but that’s life.

After 26 years working there seeing management change every 3 years the company is an absolute mess. Every change resulted in the company being in a worse state. Each management style didn’t work the company was left with more debt and a lower share price.

I bought shares at £14 look at them now! This was a fantastic company ruined by people who didn’t care.

The ship has sailed!