Mondi Share Discussion Threads

[davius] 29/11/2024 12:06

JPMorgan cuts Mondi price target to 1,272 (1,570) pence - 'neutral'

I think I'll become a broker. Find a share that's trending sideways, pick a number close to the current share price and rate it as neutral or hold.

[window kleaner] 26/11/2024 13:30

Bellow 1200p, worth a risk,imo

[davius] 18/10/2024 09:13

Barclays cuts Mondi price target to 1,275 (1,470) pence - 'equal weight'

[davius] 17/10/2024 20:16

UBS cuts Mondi price target to 1,560 (1,610) pence - 'buy'

[pugugly] 17/10/2024 15:26

Market changed its mind - Now a BIG thumbs down. 1293p down 7% at time of posting.

[redhorse2020] 09/10/2024 09:19

Great to see the business growing but I do wonder why they bothered with the special dividend and share consolidation when they clearly had such a lot of investment and acquisition in the pipeline.

[ajbird] 09/10/2024 08:07

It’s a thumbs up from the market. The ultimate judge

[moorsie2] 15/5/2024 08:30

The speculative bid by Suzano for IP has potentially underpinned the value in paper and packaging stocks and Mondi are benefiting from that as it emerges from the low end of the cycle

[enami] 23/4/2024 15:38

The equivalent final dividend in pence per ordinary share will be 40.25848.
Paid 14 May.

[t-trader] 19/4/2024 11:41

Mondi has pulled out of race for SMDS

Sensible move imo

[lyceeuk] 16/4/2024 06:32

Watch mondi share price now

[scepticalinvestor] 16/4/2024 06:22

Mondi lost the bidDS BoD opting for US bidder

[moorsie2] 05/4/2024 14:29

Looks like the market is expecting Mondi now to have one last go to win SMDS

[enami] 04/4/2024 15:19

DS Smith announces that the Board of DS Smith has requested, and the Panel on Takeovers and Mergers (the "Panel") has consented to, a further extension to the Deadline until 5.00 p.m. (London time) on 23 April 2024. The Deadline may be extended further with the consent of the Panel in accordance with Rule 2.6(c) of the Code.

[dexdringle] 04/4/2024 11:01

Ahhh, yes Clinton. I missed that. D'ohh !! 🙄

[clinton baptiste] 04/4/2024 08:40

MNDI is ex-div 39.981p today...

[dexdringle] 04/4/2024 08:17

.....which is why the share price has fallen 40p......

If they abandon this ridiculous takeover the Mondi share price will go straight to £14.50.

[moorsie2] 04/4/2024 07:26

Mondi are staying in the fight

[dexdringle] 27/3/2024 12:14

I meant an opportunity for shareholders to effectively 'walk away' from the deal with the board not being in a position to continue. The proposed purchase price was not in the interests of Mondi shareholders. It should have been 60:40.

I expect International Paper bid for DS Smith rather than Mondi because DS Smith was 'in play' and not necessarily because they thought it represented better value than Mondi.

[alotto] 27/3/2024 10:21

Lol and opportunity to walk away. As if Mondi was being forced to make an offer.
If International Paper made an offer for Smith and not Mondi, it's obvious they found Smith more attractive as a business.
Let's see how it plays out.

[dexdringle] 27/3/2024 09:47

Thank goodness. An opportunity has presented itself for us to walk away from what was a poor deal.

What a pity International Paper hasn't bid for Mondi instead.

[t-trader] 27/3/2024 08:46

Hope Mondi doesn’t come back with a counter bid, DS Smith starting to look very expensive now.

[enami] 27/3/2024 06:27

From the DS Smith RNS

In accordance with Rule 2.6(c) of the [Takeover} Code, Mondi is required, by not later than 5.00 p.m. on 4 April 2024, to either announce a firm intention to make an offer for DS Smith in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for DS Smith, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code.

[enami] 27/3/2024 06:20

This is on the SMDS newsfeed last night, nothing on Mondi newsfeed yet.



International Paper Confirms Proposal to Acquire DS Smith plc ("DS Smith")
International Paper Company ("International Paper") notes the recent announcement by DS Smith and confirms that it is in discussions with DS Smith regarding a Possible Offer.

International Paper confirms that it has made an all-equity proposal (the "Proposal") to acquire the entire issued share capital of DS Smith. Under the terms of the Proposal, DS Smith shareholders would receive 0.1285 shares in International Paper for each share they own in DS Smith resulting in DS Smith shareholders owning approximately 33.8 per cent. of the combined group. Based on the International Paper share price of $40.85 at close of business on 25 March 2024, the terms of the Proposal represent a value of 415 pence and premium of 48 per cent. to DS Smith's undisturbed share price on 7 February 2024 (being the day prior to the commencement of the offer period in respect of DS Smith) of 281 pence per DS Smith share.