Member Info for MaverickD

Should now see the MMs marking this up taken any sells and filled some orders - very positive now

I think people need to read the rns - cornerstone investor 25% stake with a business valuation of £340m.
IKO on board and supportive.
Cash injection to top up what should be around £200m I believe - the £155m reported was as of 30/4. Benefitting from gov business subsidy and furlough.

Valuation is £340m so 55p ish
https://www.theconstructionindex.co.uk/news/view/sig-brings-in-new-investors

Looks as though the fill has taken out now
Valuation is £340m so 55p ish
https://www.theconstructionindex.co.uk/news/view/sig-brings-in-new-investors

Probably at 28, so careful of the treeshake

Ok the market should receive this news well as the SP is only 28p and a cornerstone investor will take up 25% of the business and inject liquidity at 25p. Cash balance has gone up again from £142m to £155m from 23 April to 30 April, which I think is link to the number of staff that have been furloughed and the Government concessions in place, expect this balance to build up throughout May and June and I would hazard a guess that we are closer to £200m right now.

That additional money compensates for the planned disposal to Kingspan (£37m) and I would imagine the current deal was being ironed out, so why sell a profitable arm of the business.

Disposal of the Aviation side appears to have been a masterstroke right now, whereas at the time some thought it was a bad move. How things change in a few months.

Taking everything onboard I think we have a positive update and anyone that was short will probably be toast now, as you would need to holding the stock to participate in the action.

I would imagine cash on the side lines will be coming here now.

Everybody is speculating without the details of the deal. It will go up or down depending on the finer details of the agreement that has been made, along with the impact on shareholders.

Very happy with the returns here, but when the volumes start to fall and we go back to test the gaps lower 35-40p people will be saying its going back to 30p.

Lol so it will be worth £7 - 11 Billion - please what have you been smoking Gotham, can I have some?

Looks like it is about to break upwards....28p about to go

Looks as though we will see a strong finish going to head higher into the close

Eia expected to be positive, should see this climb back up......7.2p has been a bit of a wall! Through that then that opens a recovery upwards.

Thin some need to re-read the RNS from Feb about a joint meeting with Avion and the FDA in Q1 with potential commercial interest outside the US.

In terms of the SP I do think there are signs it will break upwards and how it gets past 16.5-17p. Feel a higher low in place with resistance at 21p and then up at 32p. Move will take place leading upto the news, which could be anytime in the next 3 weeks prior to the AGM. This is my view.

Starting to warm up.....next leg up

Well another 200k buy has been filled. MMs filling these orders.......bring on the holdings RNS I want to know the buyer

IKO could build a stake to 29% for sure and I firmly believe this is what is happening.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=SHI.L

As I said earlier in the week there is a significant trend change - still anticipate a 30-32p finish.

Buyer is key as we haven't seen that - Is this being held as when this comes out the SP will sharply gap up. My view is IKO

RNS out yes, but who is buying all those shares - there was some large buys yesterday at 200k - mms filling and will move this higher into the close I believe.

Not sure about the pattern, but there seems to be a lift in the price on a Friday in anticipation of news over the weekend. I expect buyers will be paying 16.5p for these tomorrow.

News before the AGM is what I am expecting following the meeting with Avion and FDA. There should be significant interest by commercial partners hence my enthusiasm here.