Member Info for Robbo666

They may post the profit indicated but its still dire. The first 2 months showed a loss of 9 mill 11% down on sales. They will struggle this year to claw it back so let's be realistic. The later months sep and Oct is the big turnover period providing the economy doesn't falter will help. I am happy to be building a position here but its a 12 to 18 month pay day. They have got some big guns back but its going to take a while.

Just to balance things I am happy with my large holding not topping up averaging downetc. Just confident in the technology and having patience. Sometimes sitting on your hands is the toughest thing to learn. Believe in what you researched.

This is far from risk free Prof surprised you typed that. I am fully invested here but the company has rebooted more than my laptop.. The share was dropping quite fast without the virus. and let's be real with losses recorded for the first 2 months the business needs fresh eyes badly. I am though happy some old faces who understand the business are back at the healm and for this reason I am confident. The restructuring of centralised buying and transport hub and spoke must be starting to bed in. I am looking past this year for a steep rise once the ship is heading in the right direction.

No doubt anyone who stops looking everyday and fast forward 18months will have a bumper pay day. This is one of those to buy and realise its the long game and its that simple.

Just bought 50k shows as a sell typical.

At last someone talking sense. The SP was dropping like a stone before the virus and the 9mill loss for first 2months confirmed the problems. The company has rebooted quite a few times and failed. CEO leaving and finance replaced by a new ceo the market isn't overwhelmed with. I hope they get it right and have at last brought back someone who knows the Market and worked for sig successfully before. Need everyone back working all the big sites and small roofers and builders then maybe can get a new strategy working.

Uncrossing trade Clark.

He doesn't and they are not all opening at once. Hundreds of branches all producing lots of orders.But will they all meet target this month no it will be a car crash no fault of theirs..The more the industry gets back to work and shortest timescale is the key.That's why we have this entry point coupled with a bad start they had Jan and Feb. A whiff of good news and it's back to a quid needs patience and the management to get it working properly.

Well it adds stability can only be good. Insulation targets will only be increasing and sig is well placed in the market. Get selling.

Would have much preferred someone with more industry knowledge. Not happy.

The framework that once made this a once £14 a share before dilution has gradually evaporated. Key directors and staff have retired or are now building stronger rivals or going to independents. I am one of those and my small company is doing very well and expanding. Needs a new Ceo and driving force to make it great again. Not failed men from other companies and a cake salesman asCEO. The company now having to sell their own parts to balance the books. This is rediculous at this price and saddens me as I once sold 6443 at over 6 quid. Can they be a force again of course and despite everything I think it's a bargain.They have to find some sort of formula that works soon or be bought out. At this level I'm buying for a long term recovery of some sort.

Will need the debt facility option as this won't be making money for some time.

Travis perkins for example is a well run profitable company this isn't at present . The road here may be very rocky. If it is sorted
will be a real bargain. Big if though.

Oversold saved it from a savage drop on those losses and dividend cancel. Revamp is another joke . Trade but do not hold guys.
All branches open to public during corona is criminal.

group sales so far this year.Selling the air handling has shored up the finances for now .I am seeing alot of good staff leaving to join competitors.I would await the delayed figures before assuming its a bargain .CEO plus finance leaving what did they know?

My information is 17% so far down on same period last year doesn't suggest measures are working.

I think the next set of figures will say different. Will be dire with more excuses.

Stick to the bacon moz is desperate for power it's practically darkness in this region. THis is along way down the line and the people need it.

Every form of negative cheap salesman coming out the woodwork on here.Dont believe a word of it.

picked up 200k under 6 wanted more heyho.