Mondi Share Discussion Threads

[contrarian joe] 28/8/2019 13:55

Concur with EI,buying cyclicals at peak cycle on low p/e is a way to lose a lot of money,better to scale in slowly& expect lower prices going forward.Experience has taught me to buy on high p/e ratios on cyclicals as the market anticipates higher earnings going forward.

[essentialinvestor] 28/8/2019 12:49

riverman, 50-70% (peak/trough) for a cyclical is the basis I usually work on-
as a very rough guideline.


In any case had a very small amount. With a view to adding lower.

[essentialinvestor] 26/8/2019 13:22

Slowdown partially priced in, recession no way.

[riverman77] 26/8/2019 12:59

I think 40-50% further downside sounds a bit extreme, unless we have a major catastrophe. Bear in mind it's already down 30% from its previous peak and now trading on a multiple below 10, so I'd argue a slowdown is already priced in. It also has a solid balance sheet with not too much debt so should be able to ride out a recession reasonably well.

[essentialinvestor] 26/8/2019 12:49

Had a listen to the conference call. Understated presentation by and large,
which is usually a solid sign.
The share price is up over 300% since 2011, it's up about 1300% from the financial crisis lows.
Short term a lot depends on
whether the global economy continues to slow. There is an outside possibility
of corporate action. If we are going back in to recession would guesstimate there could be another 40-50% downside from here, just IMV.
Might buy a small amount tomorrow with a view to adding lower, if available.

[justiceforthemany] 20/8/2019 17:08

Decent buy from CEO 5,000 shares @ 1533p
£77K

[justiceforthemany] 07/8/2019 16:14

Shorts down rapidly this week according to short tracker.
Now 0.83%.
Not helping the share price though - ex-dividend next week.

[essentialinvestor] 06/8/2019 20:49

Packaging companies sell on low PE multiples near peak cycle,
It's the same every time.
I hold SKG and (unless bid for) that will be available significantly
lower down as this cycle rolls over.

What is more interesting is the caution expressed by Mondi and not some of the
other sector constituents (yet). It may be their business mix is more susceptible
to early marco weakness.

Mondi is well run and if you can live with the marked cyclicality, worth considering as a long term holding.

If looking for a short term trade, it may be due a better day or two - unless
markets take another plunge.

[justiceforthemany] 06/8/2019 16:14

It is called short sellers manipulating the markets.
Institutions meanwhile are increasing their holdings - see RNS.

P/E now just 9.

[cascudi] 05/8/2019 17:57

Cannot understand this fall

[enami] 02/8/2019 13:37

Hmmm yes looks attractive. I sold one tenth of my holding last year at 21.95 (That was shortly before the ATH).
Considering buying the same amount back soon as looks like on support chartwise. Yield around 4.4% at this share price

THE big volume spike last week was due to the merging of the South African arm Mondi Limited into this PLC


free stock charts from uk.advfn.com

[justiceforthemany] 02/8/2019 11:39

Shortz playing with this. P/E sub 10,great balance sheet, dividend increased 15 Aug and at one year lows.

[cascudi] 01/8/2019 17:56

Probably a big investor wanted to fill an order at 6/7 per cent discount. Let's see tomorrow

[enami] 01/8/2019 09:17

Yes a disappointing reaction.

XD 15 August - 27.28 €cents
PAY 20 September

[dab26] 01/8/2019 07:37

Pretty sure it is the outlook that will be causing concern for some:

"Going into the second half of 2019, ongoing macro-economic uncertainties continue to impact on the trading environment. Demand is generally softer across the markets in which we operate, while prices for key paper grades are currently below those of the first half. Furthermore, we expect a significantly lower forestry fair value gain in the second half. Our relentless focus on continuous improvement is expected to lessen the impact of these pressures."

Of course, with central banks now moving to an easing bias, it may be that this is the moment of peak pessimism, but that is beyond my abilities to accurately gauge.

Regards.

[thamestrader] 01/8/2019 07:32

agreed
weird

[cascudi] 01/8/2019 07:26

I don't understand the poor reaction. The result is good. 25 per roce is good

[lyceeuk] 01/8/2019 06:24

Nice results

[saltaire111] 23/7/2019 08:49

The crash from £22 to £16 was bonkers, right? I mean, look at the graph. What was that all about?

[thamestrader] 23/7/2019 06:55

Looking good for the open.

[redips2] 16/6/2019 17:47

Big plug in the Sunday Times..... see what Monday brings.