Member Info for Raleigh

In the interests of balance it is fair to say accessing work through the scheme has not proved easy, generally I think through difficulty in finding authorised tradespeople.

Small excerpt from article today discussing Govt. Green Homes Grant.
"Data from Rated People has found that the Green Homes Grant is proving popular with homeowners. Demand for wall and loft insulation has more than doubled, soaring by 161 per cent year on year, and projects covered under the scheme as ‘secondary measures’ are also in high demand, with replacing windows and doors up by 13 per cent and installing secondary glazing up 8 per cent."

Haha. I do not know why I used that literary phrase - not one of mine. Perhaps I been assimilated. Exterminate! Exterminate! (doth) Butter no parsnips!

Government could review immigration rules for construction trades after covid, minister suggests
By Tom Lowe17 February 2021
Move could allow more workers into UK
The government could be open to reviewing immigration policy for construction workers after the covid-19 pandemic, a minister has suggested.
Lords minister Susan Williams said the list of occupations which are allowed easier access into the UK in the government’s post-Brexit immigration system could be reviewed after “assessing how the UK labour market develops post-covid-19”.

As we are both investors, there appears little point in discussing any negative stance Stocko might publish. I simply intended to register my own views ( not that they matter ) on the 'sucker stock ' label, which I think is outdated.
.

That is pre Ifrs 16, which I imagine Stockopedia were intending to deal with?
The trading update update followed that 6 month report, https://www.lse.co.uk/rns/SHI/full-year-trading-update-jx3545tukauwagx.html?

But that is not the position, looking only at debt on last report - unless you maintain otherwise.
· Post capital raise, substantial liquidity headroom provides security against ongoing market uncertainty and confidence to invest in new growth strategy, with a net cash position at 31 August of £29m, pre IFRS 16

https://www.timesofisrael.com/ministers-sign-off-on-pricey-purchase-of-f-35s-refuelers-and-bombs/

https://www.asdnews.com/news/defense/2021/02/16/bae-backs-local-tech-company-with-global-defence-capability

I was reading back over the posts. In passing, I know nothing of the merits or otherwise of Stockopedia, or their what's when's and wherefores re. Sig, but labelling Sig a sucker stock at this stage seems to at least imply that CD and R and the rest of the buyers have it wrong. It certainly seems contrary to the last trading update - but perhaps there is something else. Historically Sig performed badly, hence probably the label - but it is now an early turnaround stock and on what we have seen so far should be in the process of, well......turning around.

More cautious optimism (with opportunity on going for this recovery stock )
https://www.buildersmerchantsjournal.net/trade-is-optimistic-about-2021-workloads/

A small part of the wider picture. It all helps.
https://bdaily.co.uk/articles/2021/02/16/boost-for-housebuilder-smes-as-government-launches-250m-accelerator-fund

It is one of the host of things to cover under one of Sig's brief summaries when CD and R/Francis took over, with the obvious objective. "The new management team will empower our customer-facing people and promote an entrepreneurial spirit throughout the Group, thereby re-connecting with our customers and suppliers, re-energising our highly talented employees, and re-setting the growth ambition of SIG."
And clarity of Head Office purpose, and product and other support therefrom is a major part of that, particularly where major work is being planned/undertaken.
 
In today's climate ( see what I did there ) this sort of stuff takes them in a necessary direction also, and companies will report on their green credentials.https://www.lse.co.uk/rns/SHI/awarded-london-stock-exchange8217s-green-economy-mark-eltp25bgpzvsz2g.html?

Yes. One cannot expect it to be otherwise. Sig technical no doubt would be a point of referral when required.

Market sentient good today, with Sig performing better than the indices.

https://www.thefpa.co.uk/news/firestopping-best-practice-guide-receives-riba-approval
A lot of attention to all this is the press over the weeks, as one might expect. Sig said some time ago that their products are third party certificated.

Will reassure potential and existing customers, helping endure fit for purpose products, and providing advice if required.
https://www.buildersmerchantsnews.co.uk/SIG-strengthens-Technical-Insulation-team-with-new-appointments/50663

A global picture, and I suspect builders that can, the larger concerns, will continue to stockpile as they have been trying to do to prevent disruption to their overall programmes, which may be to Sigs current advantage ( provided they can lay their hands on stock )
https://www.designbuild-network.com/comment/global-construction-momentum-improvement/

Kestrel, as far as I know, still has 8.2%. It is guessing, but the RNS is abrupt, and one might read into it that Mr. White's departure was unplanned, with no substitute in the wings. A little unusual perhaps, without thanks etc. But these things happen.

Retrofitting, effective dialogue between builders and supply chain, contracts, thoughts.
https://constructionmanagermagazine.com/why-the-government-wants-construction-to-invest-in-technology/

Australian F35 progress. https://asiapacificdefencereporter.com/from-the-magazine-raaf-declares-f-35-initial-operational-capability/