Member Info for Taverham

@Kiom - agree with your sentiment but the sp reaction is more of an opportunity than a problem, I have added at 167p - expecting near £2 by Christmas.

I have added a few this morning because the company is still going to make £850m this year and p/e will be single digits. Furthermore the lower pound will boost earnings above those assumed in the company statement and importantly the share buy back will improve eps. This is a cash machine and next year's world cup will be bonanza time imv.

One minor point the recent UK cold snap will shift more jackets too.

Anyone have details on expected timeline until the 30p arrives?

Bought some more at just below 24p - why the huge discount?

Sold out today, lost a few £k - RNS yesterday was the final straw , lenigas being the haystack. Good luck to all who remain.

@Tyma, if you don't mind me asking , were you already a SSE shareholder with the broker you applied through? If so what % of shares did you apply for , relative to your existing holding. e.g , say you held 100 shares and applied for 50 , that would be 50% applied for and my understanding is you were allocated 12.5 shares , in my example.

I have now emailed the CEO complaining that they did not follow pre exemption principles in relation to my/ my wife's holding and asked that he now does so .{Note he got a huge number] . If I don't get satisfaction I shall complain to the FCA as the company has broken their rule imv. I suggest others do like wise.

After some digging I have established that the FCA require the company to follow 'pre exemption' meaning existing shareholders have up to 10 days to apply for an amount that is non dilutive. Therefore I shall email the ceo and se what he says about the non compliance.

I have just checked - privatisation was in 1990/1 so that means i have been a shareholder for 35 years and they don't care less. I think i shall write to Ed Milliband as he is behind this huge investment that is goint to put electricity bills through the roof and he does n't want anything to get in the way.

As a shareholder since privatisation, and yes I still have the paper certificate , I should have thought I would have been at the front of the queue, but no , the interests of the company are better served by the flippers and fckers it seems.

@Showme, there will be a timetable published , within a RNS that outlines the dates for the shares to cease trading. We may have already had it - so trawl back . In any event my guess is April earliest.

We really don't know oif the likes of Jacobs or Worley or any other outfit will take a pop. They know what they need to pay and they know what is in the accounts. I cannot see sid walking after all this time and money spent. So I shall wait for my 30p . Great returns at current price and if it gets to 20p I shall add.

@Monet if Sidara buy in the market and the vote goes against them - what then? Clearly until the vote happens the risk for them is too high imv.

Because the company earns a lot of foreign currency the weaker pound makes 30p an even better bargain. I have added and happy to wait for the 30p or a higher bid - which imv has some chance of appearing.

Added some more at 341 - had to sell some of my precious MSI to get them but I believe there is even more upside here.

@troublesome , yes we need to rebuild our manufacturing base with decent high skilled jobs BUT the switch to renewables has the opposite effect because it menas higher electricity costs making our manufacturing less competitive than anywhere else in the world. Therefore for every job we create in wind farm production probably results in 2 jobs lost elsewhere - my guess.

I watch IG TV each day on you tube [0730 for a couple of hrs] and it can be seen later if anyone interested, anyway , this morning at approx 9 am their technical analysis exper said his trade of the week was to go long gold, as it is consolidating just now , prior to continuing its uptrend.

Added twice today - hoped it would hold above 94p - but not happened. Will add further sub 90 p if we get there.

I have been thinking about the info in the quarterly report and indeed the incentives on SD to 'talk up' the sp. Simple question really and given he is likely to want to carry on for at least five years developing our assets and proving to his community that he is a great operator, his best position is one of 'out performance' at year end. Hence no benefit in raising guidance or false hopes on anything, particularly as there will be no need for dilution. In this scenario , buy on any dip will prove profitable imv.

Added another £6k this morning - bargain imv. Funny thing is, if gold had just risen to above $4000 the sp would be going up . The miners are minting it at these levels and yet the market seems to be pricing in $3500 or lower pog.