Mondi Share Discussion Threads

[enami] 16/9/2020 12:34

Going well... dividend gap closed and Fib target 1632.5 free stock charts from uk.advfn.com

[sbs] 12/9/2020 12:35

In the world of the blind, the one eyed man is king.Plus all those deliveries need packaging!

[essentialinvestor] 28/8/2020 16:25

Back in today, small amount. As this is not a trading board and most will be more interested in a longer term investment, will only post in future on company or sector specific news.

[essentialinvestor] 25/8/2020 09:07

Closed off my recent trade this morning, luck to those holding.

[essentialinvestor] 20/8/2020 10:25

Read through the transcript of the HI earnings call and there is a lot to like. Remains to be seen if economic growth takes another hit with coming job losses. There are mega secular trends for the sector (plastic substitution, e-commerce etc) which may be mitigating current cyclical weakness, at least to a degree.

[thamestrader] 20/8/2020 10:19

I was hoping for less than 1450, but i guess i'll be disappointed.

[fuji99] 20/8/2020 10:00

A good opportunity to top up !

[essentialinvestor] 20/8/2020 09:47

Had a few @ 14.56

[10576190] 17/8/2020 21:20

Well this is unexpected, thought it was cancelled! Thank you.

[enami] 17/8/2020 12:01

Looking good... XD Thursday about 45p. June high 1595.5 target free stock charts from uk.advfn.com

[essentialinvestor] 11/8/2020 16:57

Appreciate the view. Economic activity slowed incredibly sharply over the last 3-5 months, much of the world is in a technical recession. So there is something greater at play here - mega structural trend of e-commerce, companies looking for sustainable packaging options and perhaps also the larger, more efficient sector companies taking market share. Thats my best guessestimate fwiw.

[fuji99] 10/8/2020 16:11

EssentialInvestor: I think one of the reasons is the greater consumption during the pandemic lock-down all over the world. Increase in consumption will result in demand for packaging. In addition, if the demand is high, margins will go up - Thus why they are highly profitable. This was flagged up by the likes of Amazon and most of on-line retailers (Asos, Bohoo ...). Whereas during a recession, people cannot spend if they have lost their job. Industries will in turn downsize as demand is lower. When demand for goods diminish everywhere, it directly hits packaging firms. I hope this has a bit of sens.

[essentialinvestor] 09/8/2020 13:41

I had expected the packaging sector to be hit for 6 during the next downturn, (as in 2008) but even with lower probability, the main sector players are remain highly profitable. Can anyone explain the difference between this and the last downturn in terms of why the sector is being hit far less hard? - at least so far.

[cordwainer] 06/8/2020 23:51

Glad I topped up last Thursday. Seems my 'hunch' about the dividends was right but happened sooner than I expected. After all, I knew the suspension was only precautionary and fundamentals are solid enough. I view this stock as defensive income rather than growth but there could be some continued rerating near term.

[scepticalinvestor] 06/8/2020 09:19

So both the withheld and interim divi will be paidGood enough reason to buy in this am

[thamestrader] 06/8/2020 08:27

dividends, .... will be paid as interim dividends on Tuesday 29 September 2020 to those shareholders on the register of Mondi plc on Friday 21 August 2020.

[enami] 06/8/2020 08:01

The Board recognises the importance of dividends to shareholders. Having delivered a robust trading performance in the first half of the year and given our resilient business model and strong financial position, the Board has revisited the decision taken in April to suspend the final 2019 dividend and is pleased to resume the payment of dividends. The Board has declared a 2020 interim ordinary dividend of 19.00 euro cents per share. Both dividends, amounting to a total of 48.75 euro cents per share, will be paid as interim dividends in September 2020 (total of around €236 million).

[saltaire111] 06/8/2020 07:52

Great to see the divi. And resilient results under the circumstances. Salty

[fuji99] 06/8/2020 07:51

Better than expected results with particularly excellent news in restarting the dividend which is rare nowadays. Company has excellent cast flow and profit. Good company to have in any portfolio.

[cordwainer] 03/8/2020 07:54

Half-year results due Thursday 6th.

[cordwainer] 30/7/2020 18:14

Dipped toe back in here on 2nd March with a badly timed scheduled order at 1582p, almost doubled down this afternoon at 1340p. A vain attempt to rescue the previous embarrassment. I have a hunch there's good odds on getting a dividend restored within a few months. Even global pandemics need packaging. I just hope they're offering the right types of packaging right now.