Member Info for Oldguard

Actually just to slightly argue with myself here ...if the CFO had had any conviction and belief of SP raise he COULD have paid the tax on the share award from his hard earned cash and kept all the shares as opposed to sell over half to cover the tax ...therefore shows lack of confidence

As much as I'd like to jump on this bandwagon as I do think there is a general level of incompetence in the plc board , I think the 38k sale was to cover tax on a 3

Year old vesting of LTIP ,

Not within the CFOs (Ian ) control

I honestly don't see a future for this business , it's model is broken , board and investors incompetent, suffocating in its own debt , no new innovations (can't afford it ) has to be broken up ? Am I only one seeing this ?

The issue is the bond replacement in 2 years , which needs commencing soon - no one is going to touch that . .significant equity raise is urgently needed.

In answer to the question (s) neither will exist in 6 months if they don't do something quickly to reduce their debt situation

A finance guy has it in the departure lounge - I stick by my original comment . Time will prove one of us right or wrong , tick tock the bond market chimes .

The whole specialist division is up for sale and they've ask the MD of it to leave - it's 2017 repeating itself ....it's game over as far as I can see . .

The whole lot is for sale I believe

Proves what you know teddy ..

Huge capital markets event last Thursday which unraveled huge amounts about SIG plans and structure, future strategy never seen revealed like this before .....BUT not one comment on it in this " serious share chat forum " * leaves group ...

Would it !!!???

https://otp.tools.investis.com/clients/uk/sig_plc/rns/regulatory-story.aspx?cid=296&newsid=1608871

Give me strength.....CMO is a totally different market and model

Insulation - you’ve just embarrassed yourself . Check your timeline

Mick you are a total muppet . The UK interiors business H2 /21 v 2019 is a huge turnaround, it’s the cornerstone of the good news …

Yes comfortable £40M+ . Lots of good news on the way for 2022 I believe

mick - if you need an explanation on the difference between the type of finance SIG are currently trying to sort (ie better existing banking facilities long term finance ) and the type of finance a PE like CD-R operates in , then it is impossible for you to be the self proclaimed share expert you make out to be.
It’s like comparing apples with pears.

Read the presentation Steve Francis has pulled together for the refinance , it’s a great insight into the ambition of the company . They want to double t/over and ROS of 5% - this isn’t pipe dreams . Most of the £300M raised will go towards investments and acquisitions - £1.50 + for share price is the group ambition in the CEOs time in charge

@Danf very very positive - it’s a Great War chest

https://otp.tools.investis.com/clients/uk/sig_plc/rns/regulatory-story.aspx?cid=296&newsid=1522097