Smiths News Share Discussion Threads

[norbert colon] 25/4/2024 12:17

Dave - WH Smith largely all travel related now, however, although we know high street circulation rates and cover prices seem to be holding up well.

[davebowler] 25/4/2024 12:16

WH Smith reporting...A 'good first half' showed revenues grew 8% to £926m while pre-tax profits came in at £46m versus £45m in the previous year.

[schofi2] 25/4/2024 11:06

sp being squeezed here. I suspects that mms have been left short after some big buys of late. Expect 60p sometime soon, then who knows after results.

[norbert colon] 23/4/2024 16:43

Collectibles (stickers) are twice the margins of newspapers and now circa 5% of Group revenues having grown 43% last year and 70% the year before.

[rolo7] 23/4/2024 16:38

The six months to 25 February 2023 ("H1 23") benefitted from a number of
one-off events that had a positive impact on sales, including the 2022 FIFA
World Cup and the State Funeral of Her Majesty the Queen. We remain confident
that revenues for FY24 will be in line with market expectations, but we do not
envisage repeat events of this quantum falling in the six months to 24
February 2024 ("H1 24").
might be a buying opportunity after results then?!

[norbert colon] 23/4/2024 14:36

They said this fiscal year back in November so I'd take that as either by April or latest by August which is their financial year end.

[hotdawg] 23/4/2024 14:05

How soon is "very soon" any idea ?

[schofi2] 23/4/2024 12:47

Divi/yield may be being constrained by banking facilities, but these will be removed very soon when debt is cleared. Expect this to hit £1 sometime soon.

[norbert colon] 23/4/2024 11:54

hxxps://www.thetimes.co.uk/article/football-fans-may-have-to-shell-out-thousands-to-complete-sticker-books-m06tgc2sl

[norbert colon] 23/4/2024 11:53

Lots of wailing and gnashing of teeth it seems re: the Topps stickers missing out various key England Players?

[deanowls] 23/4/2024 10:25

Article in the times yesterday about the football stickers. Tops have the rights but panini have rights for some teams so they’ll be two lots this year.

[santangello] 23/4/2024 09:58

Yes, it looks like the share price wants to break out from its recent resting level.A good signal heading towards 2nd May.I have added twice around 48p level, hoping for at least a 25% capital gain (if no surprises are revealed) with that juicy income as a lovely winner too.Well said dd, the stickers revenue will make a welcome addition to the bottom line.It will be intriguing to see if investors see the continuing (income) picture here as interest rates start to fall ?Best wishes to all holders.

[plasybryn] 23/4/2024 09:51

Notice of Half Year Results and Investor Presentation

Smiths News (LSE: SNWS), the leading distributor of newspapers, magazines and ancillary services to retailers across the UK, confirms it will announce its half year results for the 26-week period ended 24 February 2024 on Thursday, 2 May 2024.

Analyst meeting
There will be a meeting for sell-side analysts at 9.30am on Thursday, 2 May 2024, hosted by Jon Bunting (CEO) and Paul Baker (CFO). For more details and to register attendance, please contact Vigo at [e-mail].

A copy of the presentation will be made available on the Smiths News website following the meeting: hxxps://www.smithsnews.co.uk/investor-zone/investors/results-and-presentations/.

Investor presentation
A webcast presentation of the Company's half year results will be hosted on the Investor Meet Company platform at 12.00pm on Thursday, 2 May 2024. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9.00am the day before the meeting or at any time during the live presentation.

Investors can sign up for free and add to meet Smiths News via:
hxxps://www.investormeetcompany.com/smiths-news-plc/register-investor

[davidosh] 23/4/2024 09:47

Stevensupertrader....A yield of 7.6% is not available in many places and growing profitability will mean a natural increase but looking forward to 2025 which is what the markets tend to do....there will be no dividend restriction as debt paid off.

[stevensupertrader] 23/4/2024 09:42

SNWS Sp is now constrained by dividend and yield . At current share price the yield is 7.6% and SNWS cannot increase dividend due bank facilities agreement. share price won’t go any higher imo

[davidosh] 23/4/2024 09:33

The newsagents are taking lots of football stickers and albums for the kids to collect the Euro 24 sets which have now been launched. That means significant extra revenue for the next three months

[prokartace] 23/4/2024 08:25

Nice rally into the results

[santangello] 18/4/2024 07:42

Indeed Norbert, they should be an interesting read.

[norbert colon] 17/4/2024 20:25

Interims on May 2nd as per the Group investor website. Anticipating a surprise to the upside over the next 12months as debt is eliminated and re-fi done plus adjacent profit streams gain further traction.

[santangello] 16/4/2024 16:14

A few media lines the other day may have brought new buyers perhaps, but the educated holder here will already know the continued value to be had, plus that juicy dividend to boot :)Looking forward to the 2nd May.It would be nice to get edge closer to the 60p range we visited not long ago.

[rolo7] 16/4/2024 16:07

Cheap would anyone want to take this over? Looks like a breakout upwards

[santangello] 16/4/2024 14:51

Someone is keen, 500,000 buys going through....

Interims not far off now, 2nd May.

[rolo7] 12/4/2024 15:26

Which way will this breakout? Bit of volume today