Mondi Share Discussion Threads

[enami] 15/12/2015 14:49

Back from oversold, maybe today's RNS seen as good news.

Mondi Group and Walki Group withdraw European Commission application and
terminate agreement

Following the announcement made on 22 May 2015 that Mondi Group (Mondi) agreed
to acquire two of Walki Group's (Walki) extrusion coatings plants located in
Finland and Poland, Mondi and Walki have been in discussions with the European
Commission about ways to alleviate concerns related to the impact on the
competitive environment. However, no workable solution suitable for all parties
has been found and therefore Walki and Mondi have decided to withdraw the
application to the Commission and terminate the acquisition agreement.

[gbb483] 14/12/2015 07:42

It went up by 10% and then dropped by 5%, and is still dropping. So I don't expect too much to happen to Mondi's share price

[84stewart] 14/12/2015 07:06

Rand up 5-6% should bode well for MONDI today market should rise with the shell deal getting final approval

[enami] 11/12/2015 09:08

They are listed in London and Johannesburg under a dual-listed company structure Mondi PLC in UK and Mondi Limited in South Africa.

Updated chart in previous post. 1272 intraday low as I type, not actually oversold at the moment.

[84stewart] 11/12/2015 08:38

Shorters seem to drag this down can't see any reason apart from that will try and find out ,I don't think it is currency movement (South African rand has Been hit) it is British registered company although DIVI paid in Europeans strange

[enami] 10/12/2015 15:22

May low 1279 to come??

WEEKLY CHART

"

[redips2] 09/12/2015 16:14

Picked up some.....seemed too cheap to miss.

[84stewart] 09/12/2015 15:06

buys about 50-50 still price is down so i try and get some as i anticipate this going up tomorrow by a lot

[84stewart] 09/12/2015 14:16

The MMs are keeping a 35000-45000 buffer between buys&sells

[84stewart] 09/12/2015 14:13

could be a bit of shorting going, on although sells are in small amounts

[redips2] 09/12/2015 14:00

Up and down like a yo-yo .

[wirralowl] 09/12/2015 10:00

Taken a position at 1348, hoping support holds...

[84stewart] 09/12/2015 09:29

Was thinking of topping up but where is the bottom could go £12 in this market before any rise

[melody9999] 09/12/2015 08:33

added a few this morning . looks a good entry point now,.

[enami] 08/12/2015 17:51

Yep after coming off an ATH last week probably profit protection stops hit today.

[84stewart] 08/12/2015 15:55

BOA & MERYLE LYNCHEM DOWNGADED STOCK DONT PUT TOO MUCH VALUE IN THEIR OPINIONS I HAVE NEVER SEEN THEM GIVE A ACCURATE REASON YET

[redips2] 08/12/2015 11:28

Curious indeed....I wonder if lower beckons ?

[enami] 08/12/2015 08:28

Quite a drop today for no obvious reason. Spun off from Anglo American 8 years ago and AAL stopped paying dividend today so maybe that's it. There is no threat to the dividend here AFAIK.

Watching Bloomberg earlier and they mentioned Mondi now has a greater market cap than Anglo American 5,262m vs 5,060m as I type - crazy.

Back to 1400??

[melody9999] 04/12/2015 13:24

This looks to be a complete over-reaction from underperforming DS Smith yesterday. Unless anyone else can shed any light??

[enami] 30/11/2015 10:06

SP just hanging at the May resistance level.
Optimistic target 1800+ in the runup to results Feb

WEEKLY CHART

[redips2] 03/11/2015 16:08

Anyway Emani......enjoy your hols :-)

[enami] 02/11/2015 13:29

Acquisition announced today. RNS does not quote the price, just "For the twelve months ended 31 December 2014, KSP generated revenues of approximately USD50 million."

SP seems to have recovered after the Q3 results, Looking forward to full year results 25 Feb, remember they usually have trading statement (which is not on their website calendar) 9 - 10 days before the results.

Mondi Capital Markets Day tomorrow 3 November

[gbb483] 08/10/2015 06:47

Nice set of Q3 interims today.

[redips2] 16/9/2015 15:18

Oh yes ! We all know about their slithery tricks recommending buys or sells .

[gbb483] 16/9/2015 14:59

They are probably just trying to engineer a buying opportunity.