Member Info for Raleigh

You now recommend they buy more in April?
My interest in your posting is satisfied. Thankyou.

Can you please explain your posting then - I was trying to get to the nub of it. Just as well I tried, as your "in a nutshell " post seemed fairly clear.

You put your posted view "in a nutshell" in an earlier post, when the price was 49p.

"In a nutshell prices will fall in May before recovering by the end of the year to a level equivalent to around 10% below today's prices. You could just ride out the correction as once we get to 2022 share prices are going to rocket for the next 4ish years."

For simple clarification for Sig board people, am I correct in understanding that you :-
1. forecast a fall for Sig in May of substantially more than 10% for it to recover to 44.9 or so by year end.
2. recommend Sig holders to sell during April.

Not a Raleigh. That's seafaring. It was a Moulton.

I used to have a bike. Very cheap to run.

From news reports and publications, green agenda seems to be moving into reality. And retrofit an essential part. Whatever they do, effective insulation fundamental.

Mikey. Getting back to the RNSs on 'insider' dealing, intended to be transparent to shareholders, one can look back on them on this and other companies and see how they are put when options are exercised.
You take an assumptive negative default position that whenever management or close associates buy in the open market ( they do, you know ) it is not that but an exercise of options, though you cannot attribute them to particular options. In other words, unless the RNS says something like 'this is not options, honest', (not going to happen )then it is in your view options. Done now, thanks.

I knew a few of them once. Don't take much to set them off, especially after a couple of drinks.

No, thankyou.
You invest or stay invested on 'something'. My 'something ' is I believe the company is likely to be on track as per RNS outlook, and increasing market share this half. We shall see, possibly early July.
But looking ahead, I am always concerned with profit taking on trading update/results, as occurred before. The price will go wherever it goes, good luck to all whatever your wishes, but personally I would prefer to see more of them out there trading in and out around here for a few weeks.
Loads of different views I am sure.

I should have said I see your train of thought on that subject though.

Yes, it comes up now and again for iffy discussion, so we have a go at it, is all.
I suppose it's what CD and R with their circa 30% have in mind, or will have in mind. And they will have to carry others with them.
I think most are here, don't know, on company recovery, rather than buyout. But you never know your luck, or lack of it.

https://www.blackbird.video/rns-announcements/director-pdmr-shareholding-9/

And what options do you claim Syarifah Aidid exercised?

Mikey. No new shares were notified as issued. They did not pay notional prices, but the prices shown.

Cladding crisis could cost more than £50bn, contractor says
NEWS
20.04.21
11:15 AMBY DOMINIC BRADY
Remediation costs for cladding issues in the UK could top £50bn, 10 times the amount made available by the government, a specialist contractor has estimated.

Colmore Tang Construction, a Midlands-based cladding specialist, said that based on the cost of 20 recent remediation projects it has led on, the true cost of the cladding crisis is likely to be £50bn.
That equates to one third of the annual output of the whole construction industry.
So far the government has made £5bn available to fund cladding remediation works, while the Housing, Communities and Local Government Select Committee has said costs could be closer to £15bn.
Both estimates are eclipsed by the analysis from Colmore Tang, which suggested that costing methodology from professionals submitting bids to the £1bn Building Safety Fund often did not accurately reflect the full scope of works.
Based on the firm’s pricing, the cost of remediation for the estimated 5,000 buildings taller than 18m requiring an External Wall System (EWS) certificate could reach £25bn if all required cladding removal and replacement.
A further 35,000 blocks between 11m and 18m could amount to costs of £70bn, taking combined costs to £95bn.
But Colmore Tang said it has taken an “optimistic view”, leaving the total at £50bn.

I think your assumptions are incorrect. The RNSs clearly show the price paid. Were they options vesting, the company would say so, rather than being 'advised' by the purchaser.

If you recall, I think it is broadly accepted, rule of thumb, that IKO probably need at least 60p to break even and vote their almost 15%. Open minded about all that. If it happens sometime, well and good.

I do not think it was particularly strange. PIPE is just ( as you know ) Private Investment in Public Equity. They bought getting on 30% of the company, is all. Perhaps they would have liked the lot at that price, but it was a non-starter, which the likes of IKO and others would not vote for. I dunno.

https://www.buildersmerchantsjournal.net/housing-and-rmi-drive-construction-industry-recovery/

Every little helps, and there are quite a lot of them. "According to the survey the recovery was led by small construction firms, with output among companies rising at the fastest pace for nearly 20 years (June 2001)."
( it's got a 1 in it )

https://uk.finance.yahoo.com/news/small-business-activity-construction-manufacturing-services-uk-economy-coronavirus-230100656.html