Smiths News Share Discussion Threads

[lord gnome] 15/1/2013 07:10

Nothing to worry about there Skinny. Hopefully that will settle the nerves of any doubting Thomas's. The share price will sort itself out. Carry on Holding.

[skinny] 15/1/2013 07:04

The Group remains on track to deliver strong growth in underlying profit before tax for the year to 31 August 2013, in line with market consensus.

Total Group revenues increased 2.0% year on year, boosted by contribution from the acquisition of The Consortium in April 2012. The performance of each business unit is as follows;

· Smiths News total revenues declined by 1.9% and by 4.7% on a like for like basis.
Both newspaper and magazine performance is broadly in line with recent run rates and with expectations.

· Bertrams total revenues increased by 4.4% and by 1.5% on a like for like basis.
UK wholesale print revenues were broadly in line with last year, combined UK public and academic library revenues were marginally down, international revenues were up and digital revenues continued to grow strongly.

· The Consortium total revenues increased by 5.0% and by 5.1% on a like for like basis.

Education performed strongly.

· Media and Marketing total revenues declined by1.5% and increased by 0.5%on a like for like basis.

There has been no change in the underlying financial condition of the Group since the year ended 31 August 2012 and the Group continues to operate well within its bank facilities.

The Group will announce its interim results for the six months ending 28 February 2013 on 17 April 2013.

[skinny] 14/1/2013 13:26

Yes a new year limit. I'm in @148.50

I was nearly stopped out as I'd put an arbitrary stop in at the time!

[markie7] 14/1/2013 13:22

recovering now. nice to be able to catch the dip for once.

[lord gnome] 14/1/2013 13:19

Looks like you are in at last then, Skinny.

[markie7] 14/1/2013 12:26

indeed. remember the yield.

[d40eq6] 14/1/2013 12:19

Worrying if you're a trader. Opportunity if you're an investor. Unless tomorrow's IMS has some surprises in it then this looks like a chance to get back in at a good price.

[mattafc] 14/1/2013 12:16

I've sold my holding for now. Lots of weight on L2 against

[markie7] 14/1/2013 12:16

just bought a load more.

[markie7] 14/1/2013 12:10

er. this is a big drop now.

[skinny] 14/1/2013 11:21

Lord Gnome - I have a limit order in @150p

[markie7] 14/1/2013 11:15

profit taking pre RNS - can't blame people for taking profit off the table.

[lord gnome] 14/1/2013 11:13

Support is at 150. If we bounce from there I'll put it down to a technical correction. No change to fundamentals, I reckon it has just run out of steam for the present. Next news should get things moving again.

[beaufort1] 14/1/2013 11:01

Why the suddent plunge I wonder - well beyond ex-div?

[lupins2] 11/1/2013 22:00

Cheers for that speedsgh..

[speedsgh] 09/1/2013 23:28

lupins - IMS is on 15/1/2013 -

[lupins2] 09/1/2013 20:01

Last year there was an IMS on 10/1/2012 for the 18 week period ending Jan 7th, so should be any day now.

[baracuda2] 09/1/2013 17:31

Cheers thanks for that

[mattafc] 09/1/2013 16:40

Yes - ex div for 5.8p

[lord gnome] 09/1/2013 16:38

Baracude,
Click on the financials tab at the top of this page and then scroll down to the dividends section. We are ex div today.

[markie7] 09/1/2013 15:06

the date is in the results announcements.

[baracuda2] 09/1/2013 15:05

Has this definately gone XD today because I have no indication to suggest that??

[lupins2] 09/1/2013 13:24

that explains the fall--partially.

[beaufort1] 08/1/2013 17:05

Ex-div tomorrow

[davidosh] 07/1/2013 16:25

The legacy business may be ex growth but the new businesses and total profits are not ex growth hence the steady re rating here.