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yeah i'm not going to bother proving you wrong Union - unless you would like a site visit to one of my schemes
Union once again you are wrong. SIG do supply facade materials.
A facade contractor will use at least 10 suppliers on an average project and SIG are usually one of those 20. To understand this you need to understand construction details which you may not be able to appreciate but nevertheless you've made another false statement
union what is your real name, i will sign you up for a trading course pal
Positive day, roll on Thursday
Can you do everyone a favour and go to another forum somewhere Union? Nobody listens to you, you never have a valid point and you like to argue with everyone.
Watch how many likes this post gets ha
PROFCRAPPLEBLY
Posts: 1
Member Since
10th Sep 2020
very wise words from the guy who is has 1 post to his name ;-)
PROFCRAPPLEBLY
Posts: 1
Yesterdays worrying update has been delivered and the construction sites are still open today, Boris will give us another worrying update tonight but the price is still rising. The construction sites will still be open tomorrow.
We now have a shareprice which is loaded with negativity, risk factors priced at worst case and gloomy outlooks on the future. The company is stable so the only thing that can happen is 'nothing' which moves the SP by + or - a small % or the world will work out that doomsday isnt here and that the company is still trading at the same level that it would have probably been in jan/ feb.
Looking forward to Thursdays update which I think will bolster a position above 31p for the foreseeable future. SIG may have been impacted by covid but with furlough schemes and then sales quickly returning at a fast pace I cant see it being too bad. Consider the running costs of SIG for the 3 weeks they shutdown (minor in the grand scheme of things)
Great post Professor
Union do you know what you are doing???
Constantly talking absolute garbage - I appreciate that your min wage might be valuable to you and loosing a few quid on the markets isnt a good thing but maybe you should read and learn from others. Alternatively why don't you take your pennies and use them on something that will make you happy.
Damodubya - I dont think anybody disagrees with you???
Hold BP & Marstons or hold SHI? all 3.
Market wide worry is creating panic.
Those who focus on the shares which are unlikely to be as directly affected by quick policy changes will do ok out of this. I hold BP and Marston shares, both are direct victims and I am looking for sell price on both. SHI will be ok IMO as Boris is unlikely to close the construction industry, he hardly did last time
I've just doubled my holding. ..why??? Because...
Yes there will be a negative announcement at 11am today, no doubt it will be followed by more restrictions tomorrow or the next day but the following will not change in relation to SIG:
* Construction will not stop
* More hospitals/ temporary units equals more sales for SIG
* The projects which are onsite now will not be shelved all of a sudden (the order book is safe)
* Standing a construction project down costs millions upon millions, SIG's sales are the biggest factor and developers will not stop.
* The SP already had Covid, Brexit and upset regarding CEO bonuses priced in - todays drop is aligned to the entire markets decline in light of uncertainty.
* I don't like to be proved wrong - I've posted on here and will be happy to tell everybody that I told you so when I make thousands of pounds on Thursday and then keep my holding for another year and then make even more.
1. Construction will not stop again
2. If covid gets worse sites will have to build more welfare units, provide more segregation and there will be more temporary work required to protect workers.
3. Construction companies are continuing to stock up on basic materials which SIG supply
4. Boris's bit plan of building our way out of this will prop 2021 and 2022 up
5. Brexit has already created nervousness in relation to EU suppliers so companies are looking to SIG
6. The 3 months to the end of the year will drive sales as construction sites try and get watertight prior to christmas, as it always does.
7. SIG arent going anywhere - as their competitors fail or struggle with Brexit, they are more likely to increase market share
its likely to continue i'd say - i'm going to stop checking and come back to this one early next year to see if I can get anything back on my £3.19 ps
Sorry if this is somewhere within the below - i looked and couldnt find it.
Does anybody know when the next update is due?
lets hope it continues - I cant see it going to far away from 31p until the 24th tho
Apologies - not relevant to SHI but has anybody used freetrade? any thoughts on safety of using these new trading apps?
Somebody dropped in right at the end of the day with a nice £1m buy - thats what we like to see