Thanks GF, will start to look at charts more closely.
Have only 20% of portfolio left as i think there must be a correction soon.

Steve,

I bought these at a crazy price. I think by the nature of the beast over the next 12-18mts will do very well. But the market is very nervous and some retracements of 5% or are bound to occur/
============
Citi cuts SIG to hold from buy, TP raised to 135p from 120p
Business Financial Newswire
SIG is not out of the woods yet, says Citigroup, and the interim results were poor as expected. Continues to expect profit before tax of 64m for 2009E.

The share price is up by over 40% from its recent lows, says Citi, 'and while there is arguably medium-term value, we believe the shares are likely to pause in the near term'.


Story provided by Business Financial Newswire

over145p

Anyone have any views on this as a recovery play ?. Encouraging signs/noise coming from the housing market. The Euro has remained strong v Sterling which should improve profits expressed in GBP. Reduced interest paments and stronger balance sheet. May be a medium term hold at 113p...any views ?

The recovery starts now. Watch TW. BDEV RDW PSN , SPGH. TOO.

Family owned Canadian company, IKO Enterprises, sitting on 5.3% of SHI at the moment. Possible stake building. Trading update next Wednesday.

LOOKING GOOD

IN AGAIN TODAY.

Any reason for the 3.3% drop today?
(Also, any chance of adding the 200 dma to the chart in the header please?)

harry . 1 and 3 year graphs, 200dma.

Thanks. Just the one would have be enough! ;o)
Looks about fair value atm. Don't currently hold, but always on my watch list.

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.

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

SIG (shi) moving up nicely. Wonder if their is any takeover interest here?.

Another view.

Bought on the drop.

May buy a few more if it retreats.

Certainly have a breakout here now.

Very nice.

Next resistance 136p/137p. Blue sky
to it now.

Prelims March 14th

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

SIG (shi)

Tecnicaly the stock is very solid
in a uptrend channel with lower indicators
pointing to more upside.

concerning post 19 - could you give a bit more detail on which of the fundamentals are looking good please?

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%