Mondi Share Discussion Threads

[enami] 13/9/2012 19:05

SP broke the trend line today.

Upside targets

March high 624.50.
ATH 668.50
Fib target 690

[enami] 07/9/2012 10:58

Mondi at top of 12 week flag.

Upside targets
trend lins at 593.
March high 624.50.
ATH 668.50
Fib target 690

[enami] 06/9/2012 10:36

Closed the Ex Dividend gap today.

"It is confirmed that sterling dividend payments will be converted at a rate of EUR 1 to GBP 0.79293. Therefore, the equivalent interim dividend in pence per ordinary share will be 7.05708."

[enami] 07/8/2012 10:28

I guess the results must be OK as market reaction muted.

XD 8.9 euro cents (7.2p ??) 22 Aug, Pay 18 Sep.

[enami] 26/7/2012 07:25

Disappointing Trading Statement ahead of Half-yearly Results Announcement due 7 August.

[enami] 11/7/2012 13:46

Acquisition today. Updated chart in previous post, pennant developing, upside targets unchanged.

MONDI GROUP TO ACQUIRE 93.4% OF NORDENIA INTERNATIONAL AG

[enami] 05/7/2012 11:50

Moving up nicely in possible Wave 3 of 5 target 691.
ATH 624.5 initial target.

CHART UPDATED 11JUL

[northernlass] 04/6/2012 20:47

Bullish Targets Maintained

BROKERS MAINTAIN BULLISH TARGETS FOR MONDI'S SHARES

April 03 - Citigroup retains its BUY recommendation on Mondi with a price target of 700p

April 12 - UBS maintains its neutral rating for Mondi but raises its target from 550p to 570p

April 16 - Jefferies reiterates its BUY recommendation for Mondi with a price target of 665p.

April 20 - Deutsche Bank retains it BUY rating on Mondi's shares with a price target of 640p.

May 03 - Jefferies reiterates its BUY recommendation for Mondi with a price target of 665p.

May 04 - Credit Suisse retains its neutral rating for Mondi with a price target of 655p.

May 04 - Deutsche Bank retains it BUY rating on Mondi's shares with a price target of 640p.

May 10 - Goldman Sachs retains its neutral rating but increases its target from 700p to 710p.

Source:



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[northernlass] 04/6/2012 20:45

Grabs All of Mondi Swiecie

MONDI GROUP TAKES CONTROL OF MONDI SWIECIE

Mondi Group, the paper and packing company with dual listings in London and Johannesburg, has acquired a remaining stake in Mondi Swiecie to take full control of the Polish subsidiary.

On May 18th, Mondi bought the remaining 3,407,257 shares in Mondi Swiecie that it did not already own, following the completion of an all-cash public tender offer during April.

Mondi's stake in Mondi Swiecie has now been raised from 93.2% to 100.0%.

Mondi paid 245m Polish zloty (€59m). The aggregate consideration paid by the Mondi for those shares representing 34% of the share capital of Mondi Swiecie which it did not already own before making the Offer, was PLN1.2bn(€294m).

"Mondi Group will commence the procedure aimed at the delisting of Mondi Swiecie's shares from the Warsaw Stock Exchange," the firm said.

Mondi manufactures a wide range of paper and packaging products, including office paper, corrugated packaging and industrial bags.



BUT NOT BEFORE THE EU HAD AUTHORISED €83 MILLION OF STATE AID FOR MONDI SWIECIE !

The European Commission authorised, on 8 May, state aid of roughly €83 million granted by the Polish authorities for investments of nearly €382 million for the installation by Mondi Swiecie and Mondi Packaging Paper Swiecie of a new paper machine manufacturing containerboard and a new cardboard box plant in Swiecie (Kujawsko-Pomorskie).The Pomorskie region is eligible for regional aid (Article 107.3.a TFEU). The measure respects the rules for large investment projects: the aid intensity does not exceed the maximum authorised (22.66%), Mondi's market share on the relevant paper markets is less than 25% before and after the investment and the capacity created by the new investments does not exceed 5%.

Sources:

[enami] 03/5/2012 13:32

I didn't know there was an IMS and AGM statement due today.

Bought in at 568. Target 656.

EDIT Only one broker rec so far

Jefferies International Reiterates Buy Target 665

[enami] 11/4/2012 09:24

XD today and down to the level of the breakout from the February Trading Statement.

[enami] 28/2/2012 08:42

Through 600, Fib target 609 within reach.

WEEKLY CHART

[enami] 23/2/2012 08:49

Results look good.

The directors have recommended a final dividend of 17.75 euro cents per share, bringing the total dividend to 26.0 euro cents per share for the year, an increase of 30% on the prior year.

600 in sight.

[enami] 14/2/2012 09:54

Trading Statement well accepted,

Full year results next week 23 Feb.

Upside break, chart target 609

[lennonsalive] 20/10/2011 08:33

BRIEF-RESEARCH ALERT-Credit Suisse ups Sappi to neutral; cuts Mondi to underperform

Reason for the drop, will it bounce off the 450p line?

[enami] 01/8/2011 08:55

The new shares are being issued to the South African registered shareholders only following the demerger of Mpact from Mondi Limited and consolidation of Mondi Limited shares. The size of Mondi Limited is effectively being reduced to 81% of the pre demerger MCap.

Mondi Limited = JNB exchange
Mondi PLC = London exchange

[ryandj2222] 01/8/2011 08:44

What do these new shares issued mean?

[enami] 28/7/2011 07:48

Interim dividend up 136% to 8.25 eurocents (7.24p?). XD 17 August.

[ryandj2222] 28/7/2011 07:07

Results seem ok ...

"The Group's underlying operating profit from continuing operations of EUR354
million was up 74% on the comparable prior year period and up 39% on the second
half of the previous year"

and....
"Looking further ahead, while the uncertainties in the broader macroeconomic
environment continue to be a concern for demand, supply-side fundamentals in
our core grades remain good. Overall, we believe Mondi remains well-positioned
to continue adding value for shareholders."

[joycey2] 27/7/2011 15:58

Providing the forward looking statement is favourable then we should be ok.

[enami] 27/7/2011 15:55

Results tomorrow. Bought a few at 626 hoping for 700+.

[enami] 22/7/2011 08:12

Trading Statement

"Mondi is currently finalising its results for the six months ended 30 June
2011, which will be released on 28 July 2011. As announced in Mondi's Interim
Management Statement released on 5 May 2011, underlying operating profit for
the first quarter of 2011 was considerably above the comparable prior year
period. It can now be confirmed that the underlying operating profit for the
first half of 2011 is expected to be considerably higher than that of the
comparable prior year period."

Upside target 712.

[enami] 22/7/2011 08:12

duplicate post