Mondi Share Discussion Threads

[nellie1973] 03/12/2010 15:09

Broker upgrade

[leeson31] 17/11/2010 19:59

I reckon this could go on to 650p from its next run up enami, from current levels looks ready to rise...10% retrace is about right

[enami] 15/11/2010 09:51

Daily chart with clearer support/resistance level.

[enami] 15/11/2010 09:47

Back to sub 500, looks like old resistance is new support after coming back from ATH 562. EOY target 585 with Wave 5 target 670 further along.

WEEKLY CHART

[leeson31] 12/10/2010 13:03

i like the accuracy of post 293 enami :-)

[enami] 25/8/2010 10:58

XD 3.5 Eurocents today. Fallen quite a way off the top beforehand.

I sold out last Friday, might come back in if it drops int the 430s.

[enami] 18/8/2010 11:03

52 week high at the open, just 14p short of the ATH now (500p was achieved shortly after the demerger from AAL).

[enami] 13/8/2010 10:58

Pulled back yesterday to close the gap from 30 Jul trading statement and if the whole market is positive then 500p is on the cards.

[enami] 10/8/2010 07:21

News banner seems not to come up in the header today.

Highlights

Underlying operating profit up 61%, driven by a strong performance from the
Europe & International Division

Sustained improvement in order inflows, volumes and prices across all key paper
grades

Improving performance in South Africa Division

Restructuring of European Corrugated business completed

Major capital project in Russia on schedule for completion in second half

Successful issuance of inaugural EUR500 million Eurobond, used to pay down
existing debt

Interim dividend up 40% at 3.5 euro cents per share

Dividend

A dividend of 3.5 euro cents per share has been declared by the directors and will be paid on 14 September 2010 to those shareholders on the register of Mondi plc on 27 August 2010 (XD 25 August).

[enami] 05/8/2010 11:58

Stretching up to match the March highs (488 intraday, 482 EOD).

[enami] 30/7/2010 15:10

If the results next month are as good as promised then could get to Wave 5 target 553p.

WEEKLY CHART
Currently 200% up from all time low.

[enami] 30/7/2010 13:40

Another surprise Trading Staement, results due 10 August!!

Probably due to this regulation
"In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by at least 20% from those of the previous corresponding
period."


Downtrend definitely broken.


Mondi flags H1 operating profit rise
StockMarketWire.com
Paper and packaging group Mondi confirmed its underlying operating profit for the first half is expected to be 'considerably higher' than last year's.

Basic headline earnings per share are expected to be in the 22-27 euro cents range, against a 2009 H1 loss of 0.8c.

Basic underlying EPS will be 17c-22c, compared with the previous 8.3c.

In its May IMS, Mondi said its results for the first quarter were considerably above the comparable period in 2009.

The results will include a net special item gain of around ¬5m after tax. In the previous first half, Mondi recognised charges totalling ¬78m, mainly relating to assets impairment, restructuring and closure costs.

Results for the half-year ended June 30 will be released on August 10.

[enami] 17/6/2010 17:43

Seems to be breaking the downtrend.

Added at 416.

[enami] 12/6/2010 10:15

Upgrades to targets from both GS and CSFB this month Date Broker name New Price Old price target New price target Broker change 11-Jun-10 Goldman Sachs Neutral 407.00p 570.00p 713.00p Reiteration 02-Jun-10 CSFB Outperform 401.70p 615.00p 625.00p Reiteration

[enami] 06/5/2010 14:16

No bad news in today's IMS or AGM statements.

[enami] 06/5/2010 14:11

I missed these 3 broker recs - all reiterations but 2 price target upgrades Date Broker name New Price Old price target New price target Broker change 28-Apr-10 CSFB Outperform 442.50p 525.00p 615.00p Reiteration 13-Apr-10 Citigroup Buy 450.80p 500.00p - Reiteration 12-Apr-10 UBS Neutral 460.20p 440.00p 460.00p Reiteration

[enami] 21/4/2010 15:41

Nice to see the share price ahead on XD day.

Note the acquisition/disposal RNS on Monday.

[volsung] 09/4/2010 16:06

Bought a few. They are good till wee animals

[enami] 23/3/2010 13:30

Date Broker name New Price Old price target New price target Broker change 23-Mar-10 Royal Bank of Scotland Buy 0.000p - 540.00p New Coverage

[enami] 16/3/2010 12:06

Weekly chart Fib target 490, daily RSI is at 85.

Today's RNS Mondi is pleased to announce that it has received long term corporate credit ratings of Baa3 from Moody's Investor Service and BB+ from Standard & Poor's. Both ratings having a stable outlook.

[enami] 16/3/2010 10:12

Missed this upgrade last week. share price approaching the ATHs (Intraday 500 EOD 490)[A much higher price was achieved in grey market before IPO] Date Broker name New Price Old price target New price target Broker change 10-Mar-10 Bank of America Buy 456.40p 410.00p 515.00p Upgrade

[enami] 10/3/2010 08:29

Date Broker name New Price Old price target New price target Broker change 08-Mar-10 UBS Neutral 432.10p 440.00p - Downgrade 25-Jan-10 Goldman Sachs Neutral 358.50p 417.00p 457.00p Reiteration 10-Dec-09 Citigroup Buy 328.40p - 410.00p New Coverage 09-Dec-09 Citigroup Buy 321.40p 410.00p - Reiteration 01-Dec-09 CSFB Outperform 341.10p 380.00p 455.00p Reiteration

[enami] 10/3/2010 08:25

Another good week so far, share price just reached the most optimistic broker targets today.
RSI very high at 83, sold half my holding.

[enami] 05/3/2010 12:35

Very strong this week, just short of the high reached in April 2008 (446.50)

[enami] 03/3/2010 14:01

Still going well, I have a profit slicing order at 420 just activated as I type, that's this months bills taken care of.