Mondi Share Discussion Threads

[joycey2] 01/7/2011 15:53

Boosted by the US manufacturing output data.

[enami] 01/7/2011 15:34

Through to a new ATH.

[enami] 09/6/2011 13:39

Through to new ATH again. Trend line from previous chart at 640+. Hint of a final diagonal appearing.

[enami] 01/6/2011 10:27

New ATH today, trend line target 634+. Fib target 670.

WEEKLY CHART (MACD 6,12,9)

[enami] 31/5/2011 15:50

RNS announcing details of demerger of South African operations.

Should have no effect on PLC shares, just the SA listed Limited shares.

SP could finish at a new closing ATH (was 614.50)

[rochdae] 09/5/2011 16:41

You get the feeling that the next good day on the markets will see this breakout.

[rochdae] 05/5/2011 07:54

pretty impressive quarter on quarter growth with a stronger second half anticipated. Nice

[leeson31] 27/4/2011 11:06

looks like a test of 612p on...... then b/out..

[enami] 21/4/2011 09:59

Thanx rochdae - I have put it in the header. I don't hold any of these at the moment so maybe neglecting the thread a little.

SP recovered ot the bottom of the dividend gap.

All depends on the IMS I guess wether we have another leg down or through to new highs. Logic says if re-investing dividend on T+10 then Monday was the time to do it.

[rochdae] 21/4/2011 09:47

Picking up well now. IMS on 5th.

[enami] 19/4/2011 08:54

Down to 50MA support after last week's XD.

About 30p off for a 14.138p div.

[leeson31] 08/4/2011 14:00

well theres the 'stab', just need toget past this resistance point...

similar on a few charts... i note...

[leeson31] 04/4/2011 19:35

I reckon itl have another tab at 611 enami... Not a doube top as such, but i just tjink are on for another burst.. Down on lw volumes too..so id expect a run up yet..

[enami] 04/4/2011 15:35

Topped out at 611??

RSI coming cack below 70 (51.65 on 60 min chart).

[enami] 01/4/2011 09:22

Updated the weekly chart in previous post. Possibility to enter FTSE100 if over 670 (curret position circa 110 I think)

Holding over 600 now, upside target still 670 but XD 11 Apr may see a bit of a dip to buy into later. Short term target 625 but slighly overbougt (Daily RSI = 72.6)

[enami] 04/3/2011 08:23

New ATH - next upside target 670

WEEKLY CHART (UPDATED 01 APR)

[enami] 21/2/2011 13:36

Looks like a good set of results, today's high just 10p short of the ATH in October.
Dividend 16.5 euro cents per ordinary share will be paid on 12 May.

(From StockMarketWire)

Paper and packaging group Mondi plc hiked its final dividend after reporting a 116% rise in underlying pre-tax profit to EUR394m from EUR182m for the year to December.

Group revenue was up 18% to EUR6,228m from EUR5,257m.

Underlying operating profit increased by 73% to EUR509m from EUR294m. Underlying earnings per share rose 151% to 47c from 18.7c.

The group recommended a final dividend of 16.5c, up from the previous 7.0c, making a total rise of 111% to 20.0c from the previous 9.5c.

Cash generated from operations was down 10% to EUR778m.

Net debt fell 10% to EUR1,364m, which the group said followed strong cash management and business disposal proceeds.

Mondi said it had achieved production records at six out of its eight largest paper mills. Modernisation of its Russian pulp and paper mill was completed and running to plan.

The results reflected a strong operational performance and significantly improved trading environment, with price and volume improvements across all main products.

Of the underlying operating profit of ¬509m, the Europe & International division contributed ¬431m, South Africa division ¬64m and Mondi Packaging South Africa ¬51m.

However, an operating loss of ¬4m from the Newsprint division was 'extremely disappointing'.

Input costs, particularly wood, pulp and recycled fibre, increased by about 28% during the year.

Mondi said demand growth over the last 18 months had been very encouraging, with volumes in most grades and geographic regions back at satisfactory levels. Further demand growth was expected in 2011, though at more modest rates.

CEO David Hathorn said, 'After the turmoil of 2008 and early 2009 created by the global financial crisis, the recovery noted in late 2009 continued into 2010.'

This had translated into an improved return on capital employed, increasing 4.7 percentage points to 12.3% for the year, though short of the targeted 13%.

He added, 'We are confident that the group's integrated low cost position, focus on performance, and the contribution from the major investments made through the down cycle position the business well for the future.'

Shares were up 9p at 544p in early trading.

[leeson31] 12/2/2011 12:42

aye, its looking good here...once past 550p it should head towards enamis chart suggestion...

[nellie1973] 11/2/2011 15:27

Tipped in press today as a buy

[enami] 07/2/2011 09:04

Acquisition RNS and share price pushing through to new highs for this year.

Fib target 670 at trend line intersection end August.

Full Year Results Announcement 21 February 2011

WEEKLY CHART (MACD 6,12,9)

[nellie1973] 03/12/2010 15:09

Broker upgrade