Smith (ds) Share Discussion Threads

[churchtower] 29/6/2017 09:37

Appears to be a placing rather than a rights issue. Interestingly this rise has placed DS Smith third in the FTSE 250 just behind Melrose Industries and Capita. May not be too long before we see a promotion to the FTSE 100.

[dr_smith] 29/6/2017 09:30

For the placing I half expected to see an incentive/discount for existing shareholders. I haven't read all the small print but haven't spotted such incentive.

[churchtower] 29/6/2017 09:23

What an excellent inclusion in a portfolio. Confident forward outlook, substantial rise to an already decent dividend. I reiterate my target made in a number of previous posts of 520, but now see this as a 12 month target rather than 18 months. I remain overweight and will add further on any weakness.

[markie7] 29/6/2017 08:35

Congratulations to DS Smith. Excellent work

[philanderer] 27/6/2017 13:13

27 Jun 2017 −

DS Smith, Smurfit Kappa Group and Saica have announced plans to increase prices for recycled containerboard grades in Europe.

On Monday 26 June, Smurfit Kappa announced a 50€/t price increase for brown recycled containerboard for all European markets to reflect rising input costs and continued demand strength. According to the announcement the increase will take effect from 3 July.

A few days ago recycled containerboard manufacturer Saica also announced an increase for recycled containerboard.

Earlier in June, UK group DS Smith informed customers of its plans to charge €50/t more for recycled containerboard from 1 July 2017.

[churchtower] 26/6/2017 15:35

Full year earnings release on Thursday.

[spoole5] 20/6/2017 09:07

Breakout today?

[spoole5] 15/6/2017 20:47

Hopes for soft brexit have given way to rate hikes and sterling strength. Results should give next catalyst. 5 quid year end.

[churchtower] 15/6/2017 17:32

Not quite the pause expected but in line with the rest of the market.

[churchtower] 14/6/2017 15:11

Spoole5 - Great call by you on 24th May. Strong upward movement since. May see a pause at this present level but with the full year results due two weeks tomorrow a breakout is possible and could take it to 480 and increase my confidence in an 18 month target of 520. Good dividend as well. CH.

[spoole5] 24/5/2017 08:13

Topping up here. Good buying opportunity.

[philanderer] 18/5/2017 10:24

Jefferies 'hold' tp 460p

reiterates

[philanderer] 16/5/2017 13:21

'The Share Centre: DS Smith offers increasing dividend'


Packaging company DS Smith (SMDS) is The Share Centre’s share of the week thanks to strong earnings now feeding through into dividend payments.

The company, which provides corrugated and plastic packaging and recycling services, has benefited from the growth in online retailing where cardboard packaging is widely used.

Analyst Ian Forrest said the latest trading update also pointed to the fact that ‘recently acquired businesses have made solid progress and the group therefore expects to deliver on all five of its medium term financial targets’.

He said the company had a good track record of ‘boosting growth with well-judged acquisitions’.

‘Strong earnings are now feeding through into dividend payments, which have increased substantially in recent years, and the prospective yield now stands at 3.6%,’ said Forrest.

‘Combine this with good sales growth, a solid record with acquisitions and a cost-cutting plan, we continue to recommend DS Smith as a “buy”. The shares are suitable for investors seeking a mixture of income and growth but also willing to accept a higher level of risk.’

[philanderer] 05/4/2017 12:03

SKG performance pretty well matched by SMDS over the last month.

edit : both bouncing now

[churchtower] 31/3/2017 11:43

Strange as both Companies have issued confident statements lately. Could be a shake to remove weak holders and take their dividend entitlement due next week.

[spoole5] 31/3/2017 10:24

Getting dragged down with RPC today?

[churchtower] 29/3/2017 14:19

Bought further on this dip. Interim XD 4.6p a week tomorrow.

[churchtower] 09/3/2017 08:24

Encouraging and positive statement. Bought 2000 at the opening. The yield adds to the attraction. I maintain a 520p target on a 18 month basis. CH.

[philanderer] 02/3/2017 09:28

Jefferies reiterates 'hold'...... tp increased to 460p from 440p

[philanderer] 01/3/2017 20:19

Not this time ...

.....after markets closed the FTSE Russell confirmed that Capita and Dixons Carphone will leave the FTSE 100 following the latest quarterly reshuffle. The rebalance sees Scottish Mortgage Investment Trust and Rentokil Initial join the blue chip index. All changes will take effect from the start of trading on March 20.

[philanderer] 01/3/2017 12:42

FTSE100 ? ;-)

[churchtower] 14/2/2017 14:42

Inevitable profit taking by short termers after this strong move upwards recently. Hopefully this will reveal a new support level at or around current prices. I regard this as a longer term investment with a good dividend and I maintain a target of 520 within 18 months. CH.

[spoole5] 13/2/2017 13:08

This could be weak until rpc rights issue done. Good chance to top up coming.

[philanderer] 03/2/2017 00:38

Agree ct. The sector`s doing well at the moment - I hold SKG as well - and trying to get price rises to stick.