Large expansion to the share buyback program. That is always a plus for solid investors. How about anteing up on the dividend now that the forward outlook is so bright? That would most certainly be a way to award your patient long term investors!
Wonder how Alex is doing when he bought the top of premarket. It was so obvious this would tank today. Same thing happened with bbw last week
S
Sales forecast increased but stock Dow $8+?
T
Next Weds (Pre-Market) Signet Jewelers posts holiday sales results via a press release. Shares of Signet are typically very active following the sales update on the crucial selling period.
T
There is a saying, "Buy the rumor, SELL the news." -- Let this be a lesson for all of us. The big money folks are smarter, have more resources, and expected the good news, and so they built a significant strategy to take advantage of it. Price will come back in time, however they are certainly winning the stock game.
C
I want to share that my daughter, 26 just got engaged . She and her fiancé say that “ everyone” is getting engaged and married this year . They have to wait until 2023 which is fine . I’m sharing an anecdotal story about what this generation is going through in 2022. This leads me to believe that diamonds are in demand , more than ever since couples have had to wait for many months to finally tie the knot. Ive owned SIG for 6 months and I’m barely in positive territory but hoping that sales are up, way up and will continue to rise through the year. Also, diamonds don’t take much cargo area vs furniture for example , which leads me to believe that diamonds are shipped by air rather than boat. Thoughts anyone on the trajectory of this company ?
r
They had some interesting insights about SIG on http://the-alphatrader.com/. Definitely made me think twice about the company.
J
There was a robbery of jewelry store and the crooks got away with a quarter of a million in jewelry. Only thing I can think of that would drop the stock this much. It sure wasn't overpriced. This robbery possibility was one of the risks posed by the experts for this type of stock. Gotta think its real cause it wiped out most of the Christmas profits for the store.
I
Can’t wait for next earnings report ! Q4 online sales they definitely killed it ! 👊🏻
J
Why are people selling after this news? I bought this in the 40s so I don't care but it seems absurd.
K
I saw a new price revision from 150 to $148. I take this is continued confidence in the future.
W
Good earnings ALREADY FACTORED IN, pricy, going forward… food or jewelry! Nooo thanks!!
T
Another afternoon with the market up, retail etf XRT up, small cap etf IJR up, retailers JWN and M up, but SIG down 3-4%. What gives?
E
Love the positive movement today, anyone know why??
G
This will be one of the best shorts of the year. Growth can’t continue at the same pace.
Y
Signet Jewelers is down 6.12% to 82.06
B
I am not a shareholder yet! Do you think people will continue to sell through YE to lock in gains? I am okay not catching the very bottom as this will be a 2-5 year play.
T
The shorts certainly seem to have control over this stock and it flops around like a fish out of water. I'd love to understand their thesis, especially when SIG is a buyout candidate and could go private any day for around $125-$150/share.
Also:
- Both an increased dividend and share buyback are expected by Signet in FY'23 based on their massive, and growing, cash position.
- Digital sales have now reached ~25% and are growing rapidly and meaningfully.
- SIG is currently having a monumental Q4, likely the best QTR in the history of the company.
- The company is led by an exceptional leadership team, enormously improved fundamentals, and a $9b annual sales target for the coming years.
https://chart-analysis.tools/Bullish-Charts
Same thing happened with bbw last week
Also, diamonds don’t take much cargo area vs furniture for example , which leads me to believe that diamonds are shipped by air rather than boat. Thoughts anyone on the trajectory of this company ?
Also:
- Both an increased dividend and share buyback are expected by Signet in FY'23 based on their massive, and growing, cash position.
- Digital sales have now reached ~25% and are growing rapidly and meaningfully.
- SIG is currently having a monumental Q4, likely the best QTR in the history of the company.
- The company is led by an exceptional leadership team, enormously improved fundamentals, and a $9b annual sales target for the coming years.