Mondi Share Discussion Threads

[enami] 09/10/2009 12:42

Broker recommendation full details
Date: 9 October, 2009
Broker: UBS
Company: Mondi

Recommendation:
Raises price target to 360p from 330

[enami] 02/10/2009 09:39

Broker recommendation full details
Date: 2 October, 2009
Broker: Credit Suisse
Company: Mondi

Recommendation:
upgrade to Outperform from neutral

[leeson31] 18/9/2009 16:24

will watch carefulymonday mate. have a good weekend.

L

[enami] 18/9/2009 16:23

Weekly chart shows the share price just popped up short of the September 2008 intraday high at 334. Fib target 372.
Worth keeping an eye on if there is a pullback to 300ish.
Looks like an inside trader surge today maybe, good news on Monday?

[leeson31] 18/9/2009 15:13

jeez... !

[enami] 18/9/2009 15:05

WOW there's a huge surge going on here for no apparent reason.

[topvest] 05/8/2009 07:27

Good company this, but sold mine today.
Made a 10% profit since an ill timed buy in July 2008. Since that time trading has deteriorated sharply and the dividend has been substantially cut.
Sir John Parker is also no longer one of the Chairmen which is a blow.
Outlook today sounded tough, albeit they have done very well to manage the downturn to date.
Can't help thinking these have run ahead of themselves.
Only need a double dip in the autumn and the dividend + covenants will come under renewed pressure.
May well buy back in when the risk reward ratio is more favourable as think this is a survivor company.

[enami] 22/7/2009 08:00

The JSE (Ltd) shares are down about 10%, but I think that they have always traded at a premium to the LSE (PLC) shares.

Half-yearly Results Announcement due 5 August.

Share prices

LSE (Mondi plc) 231.25 GBp +16.25
09:41 22 Jul 2009
Last close: 215.00 GBp


JSE (Mondi Ltd) 3,200.00 ZAc -320.00
09:41 22 Jul 2009
Last close: 3,520.00 ZAc

JSE (Mondi plc) 2,950.00 ZAc +155.00
09:41 22 Jul 2009
Last close: 2,795.00 ZAc

[enami] 22/7/2009 07:07

Tremendous up gap here, not sure what the RNS today means but "Mondi plc shares reclassified as domestic assets on JSE" must be good news I guess.


Quote from the RNS

Mondi Group has been advised by the South African Reserve Bank (SARB) that the
South African Minister of Finance has decided to reclassify the secondary
listing of Mondi plc ordinary shares on the JSE Limited as domestic assets in
the hands of South African investors. This changes the ruling made at the time
of Mondi's demerger, and as detailed in the Prospectus dated 1 June 2007, which
classified the secondary listing of Mondi plc ordinary shares on the JSE
Limited as foreign assets in the hands of South African investors.

The reclassification is effective immediately.

All other conditions stipulated by the South African Ministry of Finance at the
time of approval of the dual listed structure as set out in the Prospectus
remain unchanged.

[enami] 08/7/2009 07:46

Target 254-255 then 299-300

[enami] 08/7/2009 07:39

Thinking about coming back in here. Upside target 254.
About 1 month to results 5 August.

Broker: BoAMerrill Lynch Recommendation: upgrade to Neutral from underperform.

[enami] 16/6/2009 10:22

Filled the big upgap today, if the share price goes down to the bottom of the trend channel or finds support at 200MA then could be worth getting back in here.

Retracement targets 202 then 192.

[enami] 03/6/2009 10:46

Clipped the 237 target from the previous chart yesterday.
Recounted and new target 242. Next Fib target 300.
Adhering to the top of the trend channel at the moment.

[leeson31] 29/5/2009 15:54

i had limits at 220p enami, so im guessing ive banked profits on my s.bettibng a-c.....

cheers

p.s affers going grrrreat !!!! rol on 63p

[enami] 29/5/2009 11:50

Credit Suisse
Mondi upgrade to Neutral from underperform - price target 240p from 190

[enami] 29/5/2009 08:10

Nicely ahead - last night finished over the 200MA for the first time in over a year.
Fib target 237

[enami] 20/5/2009 18:58

Aye can maybe hit the 200MA 205.75 tomorrow. Uptrend channel 220ish.

Up 4% and dividend pay day too. I wonder if this little runup is due to real investors re-investing dividend.

[leeson31] 20/5/2009 18:14

brilliant come back on the share price enami :-)

[leeson31] 12/5/2009 16:41

seems to be holding ok enami....

[leeson31] 07/5/2009 12:08

im holding for a tad more over tmrw, perhaps....

[enami] 07/5/2009 11:37

And as I type goes past R3 and 200MA.

R4 220.08
R3 209.08
R2 203.42
R1 198.08
PP 192.42

[enami] 07/5/2009 11:35

Aye baulking at the 200MA.
Maybe some good press or broker rec will propel it higher.
Profit sliced a little here anyway.

[leeson31] 07/5/2009 11:25

brilliant !!! might be tempted to close at circa 245p.... just purely because that'l put into profit, overall, on this stock, plus abit left to geta big mac n chips :p

[enami] 07/5/2009 11:12

Going well now. I forgot there was an IMS and the AGM today.
Market seems to have accepted with good reaction.

[enami] 07/5/2009 09:24

Clipped 200 today. Reasonable upside targets 223 (Jan High) 251 (Nov high).
Fib target 239.