XSTEFFX
- 06 Mar 2008 10:42
XSTEFFX
- 27 May 2011 21:32
- 17 of 40
harry . 1 and 3 year graphs, 200dma.
HARRYCAT
- 28 May 2011 11:50
- 18 of 40
Thanks. Just the one would have be enough! ;o)
Looks about fair value atm. Don't currently hold, but always on my watch list.
goldfinger
- 23 Feb 2012 09:20
- 19 of 40
SHI SIG GROUP
Gone long here, this morning. Chart looking very sound fundys are solid and results 14th of march. Could have a good run up to them.
goldfinger
- 23 Feb 2012 12:18
- 20 of 40
From IG INDEX
Client Sentiment used as a proxy for
short selling figure.
Client Sentiment
LONG 95% of IG clients with open positions in this market expect the price to rise
5% of IG clients with open positions in this market expect the price to fall
goldfinger
- 24 Feb 2012 09:56
- 21 of 40
SIG (shi) moving up nicely. Wonder if their is any takeover interest here?.
Fred1new
- 24 Feb 2012 11:41
- 22 of 40
Another view.
Bought on the drop.
May buy a few more if it retreats.
goldfinger
- 01 Mar 2012 15:05
- 23 of 40
Certainly have a breakout here now.
Very nice.
Next resistance 136p/137p. Blue sky
to it now.
Prelims March 14th
goldfinger
- 02 Mar 2012 14:57
- 24 of 40
Company will also benefit from government
pushed/led initiative of insulation for
private and landlord owned homes.
British Gas very active at the moment on this.
https://www.government-grants.co.uk/loft-insulation-grants.shtml
goldfinger
- 09 Mar 2012 09:22
- 25 of 40
SIG (shi)
Tecnicaly the stock is very solid
in a uptrend channel with lower indicators
pointing to more upside.
scimitar
- 12 Mar 2012 13:14
- 26 of 40
concerning post 19 - could you give a bit more detail on which of the fundamentals are looking good please?
goldfinger
- 13 Mar 2012 02:35
- 27 of 40
Yep no problem.......
SIG Forecasts
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-11 2,740.00 80.51 9.47p 11.8 0.4 +32% 2.29p 2.0%
goldfinger
- 13 Mar 2012 02:36
- 28 of 40
Not only that Brokers well behind it.........
What The Brokers Say
Strong Buy 6
Buy 1
Neutral 4
Sell 0
Strong Sell 1
Total 12
goldfinger
- 13 Mar 2012 09:14
- 29 of 40
SIG Forecasts
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-11 2,740.00 80.51 9.47p 11.8 0.4 +32% 2.29p 2.0%
a 32% increase in EPS, very nice.
Hoping this will be beat.
goldfinger
- 13 Mar 2012 16:12
- 30 of 40
SIG (shi) from Ample site.
Midweek also sees results from SIG (SHI).
At its full-year update, the company indicated that underlying pre-tax profits would be marginally above analysts' expectations, with Bloomberg's upper end of range at £80.4 million.
Relatively benign weather boosted revenue up 8% to about £2.74 billion while gross margin was maintained. By region, mainland Europe revenue was up 11%. France remains the company's strongest market. UK increased 4%, while Ireland slipped 1%.
Following recent disposals the group now has three core markets - insulation and energy management, interior fit out and roofing.
Shares in the company are trading on a 2012 PE ratio of between 10 and 11 times.
Panmure Gordon has a 'buy' rating on the stock. Analyst Andy Brown states: "The recent stabilisation of trading should help sentiment towards the shares improve. It retains structural growth drivers, principally through insulation, and with the strengthened balance sheet we retain our positive stance."
goldfinger
- 14 Mar 2012 07:55
- 31 of 40
Concensus forecasts easily beaten
today on the results.
The concensus was...........
Consensus 78.90 pre tax 9.25 eps 2.07 div Hemscott Premium
The actual figures were.........
Underlying profit before tax
£81.7m
Underlying basic earnings per share
9.4p
Dividends per share
2.25p
Well and trully beaten.
Details...........
14 March 2012
Preliminary results for the year ended 31 December 2011
SIG plc ("SIG") is a leading distributor of specialist building products in Europe, with strong positions in its core markets of insulation & energy management, interiors and exteriors.
Continuing operations*
2011
2010
Increase
Revenue
£2,744.8m
£2,545.4m
7.8%
Underlying** operating profit
£95.6m
£77.8m
22.9%
Underlying profit before tax
£81.7m
£64.2m
27.3%
Underlying basic earnings per share
9.4p
7.4p
27.0%
Dividends per share
2.25p
-
-
Financial highlights
· Sales from continuing operations up by 7.8% to £2,744.8m (7.1% in constant currency)
· Gross margin in continuing operations improved by 20bps to 25.6% (2010: 25.4%)
· Underlying operating margin in continuing operations up by 40bps to 3.5% (2010: 3.1%)
· Underlying profit before tax from continuing operations increased by 27.3% to £81.7m
· Statutory profit before tax increased to £7.5m (2010: loss of £80.8m)
· Net debt of £115.9m, reduced by £69.1m compared to 31 December 2010 - leverage now less than 1x (net debt/EBITDA)
· Return on capital employed (post-tax) increased by 230bps to 7.9% (2010: 5.6%)
· Proposed final dividend of 1.5p per share, bringing total dividend for the year to 2.25p
Operational highlights
· Continued market outperformance of c.3%
· Recently opened trading sites performing very strongly
· Invested further in organic growth - another 18 branches opened during 2011
· Divested non-core operations, increased focus on three core markets of insulation & energy management, interiors and exteriors
· £5m of annual cost savings identified from further rationalisation of branch network - total sites as at 31 December 2011: 715 (2010: 748)
* Continuing operations exclude the results of businesses (up to the date of the disposal) divested in 2011. The comparative results for these businesses for the year ended 31 December 2010 have also been excluded.
** Underlying is before the amortisation of acquired intangibles, impairment charges, restructuring costs, profit and loss arising on the sale of businesses, trading profits and losses associated with disposed businesses and gains and losses on derivative financial instruments. On a pre-tax basis these totalled £74.2m (2010: £145.0m).
http://www.moneyam.com/action/news/showArticle?id=4328288
goldfinger
- 14 Mar 2012 08:08
- 32 of 40
Commenting on the results and outlook, Chris Davies, Chief Executive, said:
"We are pleased with these results and the progress we are making. I would highlight in particular the success of our organic growth strategy, with new branches moving into profitability more quickly than anticipated.
"During 2011 the Group delivered on a number of key objectives. Operationally, we continued to outperform the market while improving gross margins and securing additional efficiency savings. Strategically, we increased focus on our three core markets of insulation & energy management, interiors and exteriors by divesting non-core operations. Financially, we improved returns and further strengthened our balance sheet.
"We enter 2012 as a much leaner, stronger and more focused organisation. Sales per day in constant currency so far this year were around 1% ahead of strong prior year comparators, despite the impact of severe weather across Mainland Europe in February this year.
"Given the current uncertainties in the macroeconomic environment, we continue to expect market volumes to be slightly down overall in 2012. However, we have a solid platform on which to build and are targeting further market outperformance, with new branches expected to make a significant contribution to future growth
goldfinger
- 14 Mar 2012 08:36
- 33 of 40
BRIEF-SIG plc full year underlying profit up 27 pct
14 Mar 2012 - 07:05
LONDON, March 14 (Reuters) - SIG PLC :
* Auto alert - SIG PLC FY underlying pretax profit from continuing
operations rose 27.3 percent to 81.7 million STG
* Auto alert - SIG PLC total dividend 2.25 pence per share
* Auto alert - SIG PLC FY sales from continuing operations rose 7.8
percent to 2.74 billion STG
* Auto alert - SIG PLC final dividend 1.5 pence per share
* Sales per day in constant currency so far in 2012 were up about 1 percent
...............................................................................
goldfinger
- 14 Mar 2012 12:00
- 34 of 40
Broker upgrade just out......
SIG FTSE 250 Consumer, Cyclical Buy 153 121.3 26.1% Jefferies
153p SP target Upside 26.1%
goldfinger
- 14 Mar 2012 13:58
- 35 of 40