Mondi Share Discussion Threads

[moorsie2] 05/1/2021 09:38

Looks like a great deal , bought cheap and can consolidate the market. Win win

[thamestrader] 05/1/2021 07:54

Interesting RNS regarding Turkish acquisition. Not huge or earth shattering, but interesting. 5 January 2021 Mondi to acquire Olmuksan, a leading Turkish corrugated packaging player Mondi has agreed to acquire 90.38% of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.S ("Olmuksan" or the "Company") from International Paper for a total consideration of EUR66 million. The implied enterprise value on a 100% basis would amount to around EUR88 million. Olmuksan is a leading and well-established corrugated packaging player in Turkey, listed on the Istanbul stock exchange. Its network of five plants provides a diverse customer base with high-quality sustainable packaging for food, beverage, agriculture and industrial applications. For the twelve months ended 30 September 2020, the Company produced 256 thousand tonnes of corrugated packaging and generated revenues of TRY1,093 million (EUR150 million). Mondi has operated successfully in Turkey for many years and has developed a strong understanding of the market and its long-term opportunities. Our current Turkish footprint includes four corrugated packaging plants and a recycled containerboard paper mill, as well as three flexible packaging sites. Leveraging our expertise and experience in this market, together with our global virgin and recycled containerboard portfolio, we expect to generate significant operational improvements and paper integration upside. Commenting on the acquisition, Andrew King, Group Chief Executive Officer of Mondi, said: "We are excited by this unique opportunity to significantly strengthen our position in the fast-growing Turkish corrugated market and expand our offering to existing and new customers in the region." The transaction remains subject to competition clearance and other closing conditions and is expected to complete in the first half of 2021. Following the completion of the transaction, Mondi will launch a mandatory tender offer to acquire the remaining 9.62% of outstanding shares in the Company held by minority shareholders.

[redips2] 15/12/2020 13:27

Cheers Enami.

[moorsie2] 15/12/2020 11:00

The market fundamentals are very strong and should give support above 2000

[enami] 15/12/2020 10:44

Target from post 889 reached. Next upside target from much longer timescale 2055 - 2069. ATH 2250 WEEKLY CHART free stock charts from uk.advfn.com

[essentialinvestor] 03/12/2020 14:43

Second from me, many thanks. MONDI has underperformed SKG by nearly 20% on the 12 month.

[redips2] 03/12/2020 12:47

Will hold my power dry until then. Thank you Enami.

[enami] 03/12/2020 12:46

Hi Redips... it is not a large gap (3p) and halfway through a strong upwave. Bad results on 25 Feb could easily knock it back there or lower. Current upside target (late 2019 high) 1794 to 1824 free stock charts from uk.advfn.com

[essentialinvestor] 03/12/2020 11:30

Added a small amount, a dip back down towards £16 may be an opportunity.

[redips2] 03/12/2020 11:17

Hi Enami... any thoughts about that gap around 1610 ...cheers

[moorsie2] 28/11/2020 08:29

With the conditions in the paper market now, Mondi are in a great strategic space...

[fuji99] 10/11/2020 15:58

Check out this stock [TRCS] for anyone interested in real software-play growth. - - - Https://www.youtube.com/watch?v=_lhlM2USM28&ab_channel=TracsisTrafficandDataServices

[essentialinvestor] 30/10/2020 16:30

Added today.

[essentialinvestor] 28/10/2020 11:02

Mondi was below £14 a share in August, easy to forget. Below £12 in March.

[essentialinvestor] 27/10/2020 15:56

Around £14.70 might be an interesting area?.

[essentialinvestor] 26/10/2020 17:25

Slowly, slowly, catch a monkey

[texaspete2] 26/10/2020 17:12

good call, gap closed, up or down from here is the question. will be looking into the business some more to work out whether to invest

[essentialinvestor] 23/10/2020 15:04

Their plastics business is holding the rating back imv. Mondi is Not a member of the FTSE Green Economy Index as one example. Both SKG and SMDS are constituents.

[energeticbacker] 23/10/2020 14:51

The latest round of quarterly updates from Investor’s Champion’s income stocks suggests that they've hunkered down and are well positioned to benefit when the economy starts to recover. #igg #mndi #mony #pson

[essentialinvestor] 21/10/2020 17:07

Disappointing??, Given this is a highly cyclical industy I thought the update was stellar, you may be right on the lower share price though.

[enami] 16/10/2020 11:53

Disappointing Trading Update yesterday. Down to close the gap at 1559 ???

[investing2retire] 13/10/2020 08:08

I noticed some big buys in the auction around 4.35.i bought more yesterday at 1670p. whats the consensus.will this hit 1800 soon and packaging is in demand right now?

[enami] 02/10/2020 08:09

Still going well, had a profit slice here as slightly overbought. Next upside target... 1.618 Fib 1759.5, Dec 2019 high 1794. 50 MA crossed 200MA but not a true golden cross as 200 MA falling Quite a large gap back at 1561 free stock charts from uk.advfn.com Chart updated at close.

[moorsie2] 29/9/2020 17:00

even better price increase in kraftliner!

[thamestrader] 29/9/2020 15:28

lovely divi, thanks Mondi!