Smith (ds) Share Discussion Threads

[alotto] 14/8/2019 15:36

3 quid or less. I'd say 2.70 by looking at the chart. I hope I am wrong. I will top up at that level.

[taurusthebear] 14/8/2019 15:12

The way things are going, make that 3 quid!

[taurusthebear] 13/8/2019 13:00

Don't see the next 3-4 months as predictable at all with Boris and Donald around. But 320p or below looks very tempting for a top-up. I don't expect to be around in 40 years time so my timeframe is a tad shorter. :0)

[97peter] 10/8/2019 16:18

For next 2-3 months to next divi payment I see this share price steadily ticking up to 400p, possibly 420 by November?

[gabsterx] 06/8/2019 11:11

Hey Jeffian, looks like we were in the same boat as I also received a cash load from my RPC shares that were taken over. I too almost never sell, I'd rather accumulate cash by slowing down dividend reinvestments when the market is fairly or overvalued and build up a cash position that way.

[jeffian] 06/8/2019 09:12

Agree with you absolutely, Gabster. My weakness is that I never know when or if to sell and rarely do, as a result of which I am almost always 'fully invested' and usually do not have the cash available to buy when the market is 'fearful'. However, it just so happens that on this occasion my 2 largest holdings have been subject to takeover so I currently have an embarrassment of cash available through no skill on my part. One of the t/o's was RPC and about half those proceeds were reinvested in SMDS at about this level. There are some other great buying opportunities appearing now, though I shall probably wait to see whether there is an Armageddon Day around 31/10.

[gabsterx] 06/8/2019 07:39

Thank you Lear, it's not easy to keep a level head when so much blood is on the streets but I try to stick to my long term plan as much as possible.

Just added another 600 shares just now, it could go down more but I find 320p to be a decent value for a well managed and growing company.

[le4r] 05/8/2019 22:32

Great post GabsterX

[gabsterx] 05/8/2019 06:12

EJ, I get how you feel.. I try to take the contrarian viewpoint and see market crashes as 'raining gold' when a lot of previously overpriced great companies are now on sale, of course you would have to keep some dry powder for these occasions which is why I try to keep between 20-30% of my portfolio in cash. "When it's raining gold, reach for a bucket, not a thimble" as a great investor once said.

I also have a laser focus on my received dividends so for me as long as the companies can maintain or keep increasing their dividends I monitor the income received rather than capital gains as those are much more stable. Lower prices mean higher starting yields which in the long term means more compounded growth for income.

Of course this would imply a long term view of the market, my personal horizon is 20 to 30 years so all this Brexit, trade war, HK protests, etc. would end up being blips on the radar 10 years from now. The stock market has been though two world wars, nuclear bombs, great depressions, countless financial crises and after all this ended up at record highs. Short term pain for long term gain!

I recommend watching the BBC interview with Charlie Munger, his calm and equanimity in the face of a total collapse is inspiring in times such as these (even though we are far away from a 2008 situation)

[gabsterx] 04/8/2019 13:58

Ignore the noise, DS Smith has a reduces exposure to industrials compared to other packing companies. FMCG tends to be less volatile in times of hardship. I would focus on the fundamentals and keep buying at these prices.

[petersinthemarket] 04/8/2019 13:01

Not so sure about the ''mm's fiddling''.
I suspect its just a lot of people have realized this share can easily be traded.

[marksp2011] 03/8/2019 19:24

97peter

This is a SET1 stock, not AIM.
there are two options for the price fall

c 15 Financial institutions colluded to set the price even though they cant as traders have direct access and can input their own bids.offers dorect on to the order book.

OR

The market is pants and SMDS is particularly sensitive to pants markets

[ianood] 03/8/2019 11:50

Nothing to do with the overall market then?

[97peter] 02/8/2019 16:31

Defo MM’s fiddling. Should be back to 370 in a few weeks.

[taurusthebear] 02/8/2019 11:29

Down to 312p with last Trump tariff shenanigans.

[petersinthemarket] 02/8/2019 10:26

Somebody seems to be playing the share price here. imo just turned up at support again, so I bt some more and now looking fwd to a rise to 365+ again. Time will tell.

[pughman] 02/8/2019 09:01

This was 380 a few days ago. Bought some at 334. Mondi macro comments did not go down well.

[97peter] 31/7/2019 17:51

Drop again by 9p.!! What’s happening, this is a great share and well run company. Just acquired another company and rises in demand for cardboard and ridged packaging, why is it not above 400p??

[97peter] 29/7/2019 17:51

What is it with a drop today, when all around are up by 2%?
Come on SMDS let’s have a statement on r3cent competition news and also what is happening within the company?

[buyzantium] 26/7/2019 06:35

E-commerce is growing at an unprecedented rate around the world and has resulted in huge demand for packaging that will promote, protect and contribute to efficient distribution at every stage in the supply cycle. See recent article By Rob Carle of DS Smith e-commerce team.