Smith (ds) Share Discussion Threads

[philanderer] 15/12/2015 09:51

'DS Smith packs a punch'

Packaging manufacturer DS Smith (SMDS) has managed to grow despite the subdued economic climate in Europe.

The Share Centre analyst Ian Forrest retained his ‘buy’ recommendation but does not have a target price for the company, which provides corrugated and plastic packaging in 25 countries as well as operating a recycling business. The shares inched 1.3p higher to 373p yesterday.

‘Earlier this month the group reported a 6% increase in revenues to £2 billion, but investors should acknowledge that pre-tax profits dropped by 20% to £91 million due to the strength of sterling and a rise in costs,’ he said.

‘However, DS Smith said the full-year outlook remained positive and it subsequently raised the dividend by 8%.’

He added that the group had experienced ‘excellent sales and earnings growth in recent years’ mostly due to an increase in online shopping and a demand from food producers.

‘Its strategy of adapting to provide customers with a growing range of serves… has helped drive growth and retain customers,’ said Forrest. ‘As a result, we currently recommend DS Smith as a “buy” for medium-risk investors seeking both growth and income.’

[ianood] 11/12/2015 14:59

MONDI has been hit because of the London/Johannesburg quote and I think SMDS have slipped because MONDI have. If it comes back to 360p I will probably double up!

[sweep stock] 11/12/2015 13:54

I'm with philanderer very poor market effecting pretty much all long positions i'd say

[philanderer] 09/12/2015 18:04

Across the board I reckon , markets are looking very poor .

FTSE futures -60pts again since the close

[huttonr] 09/12/2015 08:38

Looking at the share price drop - approx 10% since the results - this seems excessive even after the Wansborough closure costs hit - there seems also to have been a read across today from the Mondi drop - which also seems excessive!

Is anything else happening - other than general nervous worries?

[philanderer] 08/12/2015 23:27

Telegraph market report:

Elsewhere, packaging giant Mondi was among the heaviest hit after Bank of America Merrill Lynch downgraded the stock to “underperform” from “buy”, urging investors to buy non-integrated paper rival DS Smith. Shares in Mondi were changing hands at £13.76p when the market closed – down 7.6pc.

[philanderer] 04/12/2015 10:10

DS Smith
395p -21p
Questor says HOLD

[philanderer] 04/12/2015 09:47

JP Morgan retains overweight , tp 460p from 440p

[philanderer] 03/12/2015 12:46

Goodbody with a 'sell'

Canaccord with 'hold' tp 430p

[market sniper1] 03/12/2015 07:57

SMDS DS Smith

Solid results this morning with outlook looking strong.

[montyville2] 03/12/2015 07:19

Results look ok at first glance. Will have closer look later

[cockneyrebel] 02/12/2015 14:23

Very quiet here - results tomorrow.

CR

[cockneyrebel] 01/12/2015 11:54

Heading back up to that previous high - results Thurs

CR

[djbilywiz] 30/11/2015 15:36

Interim results Thursday...

[cockneyrebel] 17/11/2015 08:26

Good trading update from MACF today - good read across?

CR

[philanderer] 27/10/2015 09:10

Strong update :-)


Canaccord 'hold' tp 430p reiterates

[mirandaj] 21/10/2015 12:41

Another award - Sweden - where attending Scanpack 2015

[philanderer] 14/10/2015 13:28

Investors Chronicle:

Packaging specialist DS Smith (SMDS) has acquired Greek corrugated packaging business Cukurova. The company has a strong focus on the fast-moving consumer goods sector. Smith will also sell its minority stake in Cukurova’s Turkish corrugated paper and packaging entities to Cukurova. We reiterate our buy advice

[mirandaj] 12/10/2015 14:49

DS Smith Capital Markets day 2015
DS Smith Plc held a seminar of short presentations about its Packaging business, presented to analysts and investors on Thursday 8th of October 2015 in London

[philanderer] 09/10/2015 13:48

Citigroup 'buy' tp 446p reiterates

[philanderer] 08/10/2015 13:31

Ed, Investec have cut their tp by 20p to 430p....... 'buy' retained


this not helping as well...

German Exports Slump Most Since 2009 Recession as Risks Rise

[ed 123] 08/10/2015 12:23

Today's Capital Market Event is not being too well received. Share price down 10p at 369p.

[philanderer] 07/10/2015 08:38

Barclays 'overweight' tp 360p

unchanged

[manonph] 02/10/2015 10:47

Tks ed. new about the divi ok. So Jeffries fancy churning do they