Smurfit Kappa Share Discussion Threads

[lbo] 24/8/2010 15:39

Fed: Risk of double-dip recession rising

[lbo] 19/8/2010 22:12

LOL

Why don't you email [e-mail] and ask him did he write it!

Then you can post an apology on here




European Stocks Fall, Overcome By Disappointing US Data

[keelingr] 19/8/2010 16:11

sounds like bull to me LBO!! funny how every time you mention rights issue - you fail to produce any evidence......

[lbo] 18/8/2010 15:08

It was in an Irish paper and titled "Smurfit needs a share issue to pay down debt"! DYOR

In the results Debt increased another €129m to €3.29bn and its interest bill also increased from €73m to €137m



DR MICHAEL Smurfit and developer Gerry Gannon are facing huge financial difficulties at the K Club. They are seeking to defer repaying bank loans, amid crippling losses that are expected to continue at least until next summer.

Along with a lot of other luxury golf and hotel complexes, the K Club -- which hosted the Ryder Cup in 2006 -- is struggling amid a major reduction in consumer spending.

The complex, which includes a hotel, country club and two courses, has racked up a loss of €8.1m, with revenues plunging to €13.9m -- down from €20.3m.

[keelingr] 18/8/2010 12:17

you've been hearing RI rumours for months now LBO - give us a link or some evidence!!

[lbo] 16/8/2010 13:51

I hear talk of rights issue in the Irish press again!

[lbo] 11/8/2010 12:05

Smurfit Kappa loses E9m for half year

[lbo] 03/8/2010 20:51

The last time I was told that it was about a certain bank called Anglo Irish bank! LOL





Euro-Zone PPI Rises Less Than Expected

[keelingr] 03/8/2010 10:40

Been out of this one a while now LBO - but it seems you're banging your head off a wall here. Just keeps rising.

[lbo] 29/7/2010 10:22

Europe's biggest consumer companies are starting to feel the pinch of budget-cutting. Electrolux, Imperial Tobacco Group and Pernod Ricard said last week demand slackened as shoppers cut back on appliances, cigarettes and liquor.

[lbo] 28/7/2010 21:06

Fresh sign of US industry slowing

[lbo] 14/7/2010 14:08

"Smurfit Kappa, which is heavily reliant on the strength of consumer markets"




Rio Tinto flags China slowdown, double-dip recession fears

[smicker] 13/7/2010 20:43

LBO,
Can you please stop posting non smurfit related information. There are many boards on this site for this sort of macro news and this is clearly a company specific board.

[lbo] 12/7/2010 22:47

The Baltic Dry Index, which measures the cost of shipping dry bulk goods, headed into its 27th day of losses on Monday.

This takes it into its longest continuous slump for five years, according to Bloomberg

[smicker] 12/7/2010 18:24

The latest monthly update from RISI on European containerboard markets paints a positive picture on market dynamics from a both a pricing and volume perspective. Following a strong first quarter for box shipments (+9pc), volume growth is expected to have remained strong in the second quarter (6pc) and 3pc is pencilled for the second half of the year. In terms of pricing, Kraftliner prices continue to surprise on the upside, a reflection of low import pressure due to a tight supply situation in the US and a price differential that is still not attractive to overseas suppliers. Smurfit Kappa shares rose 10c to E7.22

[lbo] 08/7/2010 12:54

CRH shares down 7pc on news of expected drop in global revenues
Earnings hit by slow US recovery, eurozone deficits

[lbo] 01/7/2010 10:16

Krugman: Another Depression Is Likely

[lbo] 14/6/2010 21:08

RISKS to the global economic outlook have "risen significantly" and policymakers have limited room to provide support to growth, International Monetary Fund (IMF) deputy managing director Naoyuki Shinohara said yesterday.

[lbo] 14/5/2010 13:46

Several former directors and executives of Anglo Irish, who collectively are believed to owe the bank almost €180m, have agreed to let Anglo use their pension funds to reduce their debts.

[lbo] 11/5/2010 12:59

BALLYMORE PROPERTIES Holdings Ltd, the UK holding company of Seán Mulryan's international property group, has been notified it will be struck off and dissolved if it does not file overdue accounts.

[lbo] 10/5/2010 10:40

THE FIRM behind the ill-fated redevelopment plan for Sutton Park School sustained a loss of €1.8 million in the 12 months to June 2009, mainly due to a writedown in the value of its land.

Recently filed accounts for Beachrise Properties show the net realisable value of the stock – the company's main asset – almost halved in value from €3.8 million to €2 million between June 2008 and June 2009.

The company also owed creditors €3.8 million at the end of the financial year. The accounts state that these debts are due to creditors within one year, although it is not clear to whom the debts are owed, or whether they relate to an outstanding mortgage.

The company was headed up by three established figures from the business world whose children attended the school – Jerry McCrohan, head of AIB's corporate banking division; Larry Quinn, the former head of technology company Logica; and David Brophy, chief executive of Ballymore Properties and former executive with paper-packaging group Smurfit Kappa.

[smicker] 08/5/2010 08:27

Profits miles ahead of forecasts. Target 10 or 12 euro, take your pick

[lbo] 07/5/2010 13:10

Smurfit Kappa reports EUR3m loss in first quarter



Net debt €3.16 billion. This represented an increase of more than €100 million from the end of 2009