Re-capitalised, an ensuing building boom, a large market share and the private equity guys bought in at a similar level.....you’d have to blind, deaf and plain stupid not to be in on this one......
If you look carefully the sell two trades after finishes in 1622 - and the sell is higher than the buy of 22 shares. This is the signal for the big buy at the 34p - six minutes after the 22 code......Did you really think that was an accident......lol
Doh.....! There will be a large buy at the end of the day - just like the last 4 days.........! Just touched 34p at 16.23......large buy going through....Thank you.
Friday morning tree shake.....lol..!14 Aug 2020 10:00
As usual the melons selling to take the profit At the end of the week. Irony being they will get a significantly higher price if they wait until 4.00pm this afternoon - are they blind...?
If your in the industry you will appreciate that when the capacity or availability is reduced the suppliers prices get lifted/ increased. The distributors normally get squeezed in the middle between manufacturer annual deals with increases and the customer saying ‘why had the price gone up...’ I suspect SIG will be leveraging their buying power to take capacity and supply the market. In summary a £2billion turnover is useless without a profitable margin......! SIG have in the past been a Colette in giving the margin away, which is why Steve Francis worries me as he will rely on his divisional directors to avoid that very same mistake........! I am hoping CRH make a bid at 70p which sort all the horse**** out make CD&R a packet.....!
This is just performing really well, small drop in the morning and then a drive through with buys in the afternoon. Just acting the way it should up to better news and times for the turnaround......lovely.
Divide Hope in the video was in effect binned out of SIG for presiding over a failed horse trading Gambit between Knauf and other insulation suppliers. He tried to bluff Knauf for ridiculous supply terms and they told him to ‘F&£k O&F...’ He was then out the door. He is old school and has yesterday’s approaches to business. He talks about getting back to the customer...etc. That approach highlights his weakness and lack of suitability for today’s construction distribution market.....