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Hi all, (post from sick dick earlier this year)
I’m new to investing in shares and find this forum very interesting and informative. I’ve been involved in the construction industry (which includes working for Sheffield Insulation and other suppliers to the insulation market) all my life and have put all my eggs into the buy to let market up until now. I’ve decided I’ve got a big enough portfolio now and hence my decision to diversify into shares. I’m also very interested in economic cycles and use this knowledge to ‘time’ my investments into property. As the stock market performance is also linked to the economic cycles (in my opinion) then I feel a lot of the knowledge I’ve gained about investing in property can be put to good use in buying and shorting shares.
As part of my education I’ve subscribed to Stockopedia. I’m very impressed with what they have to offer as a whole but very unimpressed with their view that SIG is a sucker stock. This is their worst categorisation of a share.
Despite their view, I’ve made SIG the biggest part of my current share portfolio by far. I feel their very poor categorisation of the share is probably impacting the share price. I would imagine nearly all Stockopedia subscribers would avoid buying the share or may even short it. They have guru screens and one of them does class SIG as shorting material.
Given my knowledge of the company, construction industry and economic cycles I’m firmly of the view the share is a strong buy.
If any members of this forum are also members of Stockopedia it may be worth your time to post on their forums and maybe start to change the narrative about the share to help get the price up to where it should be.
"I’ve looked at plenty of charts going back many decades to help come up with my forecast. I’ve also looked at where we are in the economic cycle and the work of WD Gann in particular his Financial Forecast. I’ve also been keeping a close eye on the economic indicators for years now and things are playing out just as they should"
when price was just below 43p guess who reckoned we should sell
Silly dick your way dumber than you let on
Clayton, Dubilier & Rice Might have five Bob to help find acquisitions
When did share prices reflect current profits of companies you bore me so won’t waste time giving you basic lessons
Dividend by next June
I’m hearing SIG are moving into acquisition mode readiness
For next year: major consolidation will take place in the sector M&A activity is booming worldwide the target price of mid 60’s will be achieved comfortably in next 2-3 months
My greatest deal ever now listen very carefully :
Last month I bought a pig for £25 and next day bought a poke for £4.99 now you might think I have assets of £29.99 but with my new found amazing brilliant investment skills I put the pig in the poke and sold it to silly dick for £848.50 I am so clever it’s scary :) who’d have thought silly dick would buy a pig in a poke for £848.50 I would recommend he puts a stop loss on it highly likely the pig will get out if the poke and he’s back to an asset value if £29.99 less fees of course
I know this business exceptionally well it’s in great shape it lost it’s way for a bit due to external consultants burnt brought in the closed branches got rid of great talent to get a short term boost to the bottom line anyone who knows the business knew the profit was not sustainable as the put the handcuffs and some many restraints on the business I’ve got vast experience of external consultants half I’ve met are brilliant the other half incompetent people who’ve never ran businesses SIG must’ve got the former
I’ll be ghost investing all day Monday it’s a technique that only the smart investors know how to do: you pretend to have bought low and sold high on every trade whilst at the same time juggling car tyres and whistling we’ll meet again don’t know where don’t know when some sunny day …,.,,