The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

SIG offers longer term recovery potential if it can ride out the coming months

2020-05-21 12:43:08

Covid-19 has had a big impact on many companies and quite a number of them now look priced to pretty much completely fail and go bust.

SIG (#SHI) – proposed Building Solutions business disposal to Kingspan (#KGP) now off

2020-05-21 07:45:00

SIG (#SHI) – disposal of Building Solutions to Kingspan (#KGP) referred by UK Competition & Markets Authority for a Phase 2 investigation

2020-04-07 07:54:31

Only Oscar Wilde understands SIG plc

2020-02-25 11:00:49

In my estimations for all the love given to the utterances of Warren Buffett, investors would be even better served by mixing up the thoughts of the Sage of Omaha with the wit of Oscar Wilde. This is because reading today's regulatory news offering by building products company SIG (SHI), I was reminded of the latter's line that 'to lose one parent may be regarded as a misfortune; to lose both looks like carelessness'…

SIG (#SHI) – warns as most “profit protection measures” to be “delivering financial benefit in 2020, not in 2019 as previously expected”

2020-01-09 07:56:30

SIG – why listening to an old hand is smart

2019-10-07 09:50:38

I last wrote about the 'leading European supplier of building materials' SIG (SHI) back in early July, observing that it was failing to cost-cut its way to growth due to the business being operationally/economically geared. Well the latter points are very obvious today with a trading update which notes a 'deterioration in trading conditions has accelerated over recent weeks, and political and macro-economic uncertainty has continued to increase'. Oh dear...but today's 22% share price fall has pushed the shares below 100 pence...

SIG (#SHI) – recent accelerated deterioration in trading conditions, agreements to sell Air Handling & Building Solutions businesses

2019-10-07 07:29:28

SIG (#SHI) – H1 adj. EPS +23%, DPS maintained, notes “political and macro-economic uncertainty continues to increase”

2019-09-06 07:23:13

SIG proving you can't cost cut your way to growth

2019-07-05 10:00:58

I think it was after some great storm which had ripped up a few thousand roofs that I first became aware of SIG plc (SHI), which describes itself as a 'leading European supplier of building materials'. A fund manager colleague of mine was all over it like a rash and I remember one old-hand responding at the time 'SIG is easy...you buy at one quid and sell when you have made a decent turn'. Looking at the company's share price chart over the last decade, this advice has been pretty spot on…

SIG (#SHI) – reckons FY adj. profit “will be delivered in line with its expectations”, though requires a stronger H2

2019-07-05 07:10:23

SIG (#SHI) – H2 “lower trading revenues… particularly in December”, somewhat mitigated by ongoing restructuring

2019-01-08 00:14:00

SIG (#SHI) – “remains confident… will see significant profit improvement in the second half”, though market conditions “challenging”

2018-11-20 00:16:59

SIG (#SHI) trading "mixed" but says will hit FY forecasts, E&Y new auditors, continues to cut debt

2018-07-03 23:32:08

SIG (#SHI) – FRC investigation into audit by Deloitte of 2015 & 2016 financial statements

2018-06-27 23:59:59

SIG (#SHI) – agreed terms to sell modular offsite construction business

2018-02-28 00:18:08

SIG (#SHI) – previous overstatement of profit, “a number of individuals” suspended

2018-02-01 00:59:59

SIG (#SHI) – recent weaker UK performance, though overall expectations “remain unchanged”

2017-11-21 00:25:32

SIG Set To Get Back on Track with a A (Fairly) New Head Honcho

2017-07-04 01:21:20

Hello share takers. Energy costs are in the news again, with the government’s latest ploy to cap charges for the less well off among us. It doesn’t quite seem the right time to invest in electricity suppliers, does it?

SIG – trading update review as shares rise

2017-01-13 03:31:16

Shares in building products distributor SIG plc (SHI) are currently recovering approaching 11%, above 100p, on the back of a “Trading Update” announcement…

SIG (#SHI) – “disappointing year” in 2016, “need to better balance business change with the day-to-day operations”

2017-01-13 00:25:32

SIG – profit warning & ‘mutually agreed’ that CEO walks the plank…

2016-11-11 04:23:31

On the back of “Trading Update” and “Directorate Change” announcements, shares in building products distributor, SIG plc (SHI) are currently more than 20% lower, heading towards 90p. Uh-oh…

SIG (#SHI) it gets better - CEO "is resigned" with immediate effect

2016-11-11 00:55:21

SIG (#SHI) warns FY profits only £75-80m bad news all round

2016-11-11 00:39:16

SIG (#SHI) refinances £130m of loan notes maturing this year on better terms - good news

2016-06-20 23:22:33

SIG (#SHI) fairly unimpressive profits warning - total lack of visibility

2015-10-21 23:26:37