Mondi Share Discussion Threads

[volsung] 16/2/2009 10:13

Nothing like a warning to help a short. Still has to break under 150p though.

[enami] 16/2/2009 09:19

This was already warned in the IMS in October. I classified it then as a mild profit warning and bought in at 151 in November and have added at each dip since then.
The intraday low on 25 November was 125 (this is the all time low but the company has only been listed since July 2007).
No indication as to wether the dividend would be cut at the results next week 26 Feb.

[enami] 16/2/2009 08:06

Aye looks like 125 -140 downside target

[leeson31] 16/2/2009 08:04

looks like the short from Volsung working out well then Enami.....

surprised by the profits warning!

[enami] 16/2/2009 08:01

Profit warning in the Trading Statement, this could really plunge.

[volsung] 11/2/2009 19:41

Sounds reasonable. G/l

[leeson31] 11/2/2009 19:38

aye - looks like a Double Bottom coming up.... I'l go long then about 150p with a stop at 145p ish....

carp diem :p

g/l

[volsung] 11/2/2009 19:36

yes quite pleased leeson31. A little bit to go yet to close though.

[leeson31] 11/2/2009 19:30

yr short is looking good Volsung..

[leeson31] 07/2/2009 19:31

i might go long when youve closed volsung :p

[volsung] 06/2/2009 10:54

Well, opened a little short here today. Target 1.50ish

[enami] 28/1/2009 09:23

Aye knocked back further than I expected.
Just hanging at the 50MA / S2 now.
There was a very low open at 172 on 20Jan (only 10 shares traded) which could be a downside target for shorters.

R3 217.42
R2 212.08
R1 204.67
PP 199.33
S1 191.92
S2 186.58
S3 179.17

[leeson31] 28/1/2009 08:51

i caught iut from 194 to 206p the other day, but now looking to enter in again....

[enami] 28/1/2009 08:48

High volume going through here.
Average daily is 1.9m exceeded in first 45 minutes trading.

[enami] 24/1/2009 11:16

Done OK this week. Possible wave 5 start with a target of 240 - 277 after support at 0.618 retracement (see post 146)Goldman sachs target 247.75

EDITED FALSE LOW 20JAN FOR WAVE COUNTING

[leeson31] 15/1/2009 19:36

yes, im looking fwd to tmrw..

good luck fella.

[enami] 15/1/2009 19:24

Hi leeson yes all OK. Not sure if it will go that low but you never can tell.
SP hit the 0.618 retracement and BBand today so I added some more at 183.

Hoping the market turns at options expiry tomorrow. Wall Street turned already.

[leeson31] 15/1/2009 15:29

in the wings here enami... if it hits circa 150p for a double bottom I'll go long...

hope you are well mate

[enami] 08/1/2009 15:12

Looks like a good place to buy in. Added to my holding at 201.

Dividend yield is about 8.5% (div is in euros and actual amount paid in Sterling depends on exchange rates)

[enami] 18/12/2008 08:34

Downtrend broken over the last 3 days, first hit on the 50MA today.
55 percent up from the November intraday low (125)

[enami] 03/12/2008 10:11

Nicely ahead today, up through CP to R2. Hopefully will take a crack at the 50MA soon (currently 212). MACD crossover and RSI rising.

R4 199.4
R3 184.7 (The 20MA)
R2 176.6
R1 169.9
CP 165.1
PP 161.8

[enami] 28/11/2008 15:47

Aye dividend yield at 10 percent is very attractive.
The high volume / massive swing day on Tuesday marks the bottom for the stock I believe.

I don't see how "an excellent financial record over the last several years" can be verified as they were spun off from Anglo American only in July 2007 and any financial details before that date must be pro forma evidence.

I am happy to hold here and see how it pans out.

[promethean] 28/11/2008 15:34

I have posted some comments on this over at stockopedia

To me this looks like one of the cheapest stocks around right now, with a price to book ratio of barely .3X . But this company has an excellent financial record over the last several years with return on capital growing, and solvency ratios improving. It will be clearly a softening market in the downturn, but this looks a classic value stock.

[enami] 25/11/2008 16:39

Aye strange goings on here, highest volume day ever I think at 17.7 million, with over 7 million in the closing auction.

(Of course the British Bulls "Buy If" rec did it LOL)

Norges Bank keep buying the stock, bought over 5 percent this month.