Smith (ds) Share Discussion Threads

[moorsie2] 20/11/2024 18:53

Get ready for going above 600

[spawny100] 06/11/2024 15:14

Thanks guys, makes sense. I clearly sold way too early here. Well done for continuing to hold!

[moorsie2] 06/11/2024 12:36

And dollar strengthening....

Numbers are

IP share price 57.6
Currency rate 1.286 gbp to dollar
Multiplied by 0.1285

[jeffian] 06/11/2024 12:30

Because in an all-share offer, the "bid price" is actually a moveable feast based on the value of the acquirer's shares. In this case, IP shares have had a strong run after an "ahead of expectations" Q3 trading update and today a bit of Trumpian euphoria, and the SMDS price is linked to that.

[spawny100] 06/11/2024 08:31

Wow I sold out of these too early after the bid so not been following them lately. Why did these suddenly spike way past the IP bid price?

[moorsie2] 03/11/2024 11:28

I see IP getting to 65 dollars by early Q2 due to strong progress in fixing underlying issues by new CEO never mind the cyclical tailwind

That would give a 20-25% uplift to Smds prices from here...

[ygor705] 31/10/2024 15:10

Good news Moorsie and the growth in the share price is ahead of what even you were forecasting earlier in the year. What a change from the dull old days of DS Smith. A good acquisition for a change. Smurfit also going well.

[moorsie2] 31/10/2024 11:54

IP strongly beats expectations in Q3 and signals GCF strategic review.

This has a lot of growth in it now

[iconoclast] 17/10/2024 17:27

It seems as though there may be a dual listing of these shares.

"Upon the combination’s completion, any new International Paper shares issued to DS Smith shareholders will be authorized for primary listing on the New York Stock Exchange subject to official notice of issuance. International Paper also plans to establish a secondary listing of its shares on the London Stock Exchange".

[estienne] 16/10/2024 08:31

Will the IP shares be registered in the UK or US?

[moorsie2] 13/10/2024 07:27

IP shareholders ratified the deal on Friday by 99% vote in favour.

They will sell off the GCF division at some point and that will deliver a rerating upwards. How much and when are the two ponderables

[dabbler58] 08/10/2024 08:04

Me too. Held since 2005. Just don’t fancy holding IP.

[buyzantium] 07/10/2024 14:04

After over five years of loyal holding I sold them all this morning.

[moorsie2] 04/10/2024 13:09

Dividend day today and formal approvals by courts and shareholders next week on 7th and 11th October.

A few days after that Smds ceases to exist and we all become share owners in IP

[moorsie2] 16/9/2024 10:00

If IP offload GCF at a reasonable price then this will really kick on from here

[buyzantium] 10/9/2024 08:07

My calculation of the anchored price, if correct, should be 462 this morning.

[moorsie2] 05/9/2024 10:43

That's the 12p ex Div impact right there today.

Share price from here on is 100% anchored to IP share price and currency rate dollar to sterling

[ygor705] 03/9/2024 11:03

Hardly the most inspiring of updates Moorsie2!

[moorsie2] 03/9/2024 06:23

DS Smith Plc - AGM trading statement



DS Smith Plc ("DS Smith"), today issues a trading update in respect of the period since 1 May 2024.



Current trading

The market and business trends described in the outlook statement contained in our financial results for the year 30 April 2024 have continued, with overall trading for the current financial year in line with DS Smith management expectations.



Combination with International Paper ("IP")

The implementation of the combination of IP and DS Smith remains on track with the recent filing of the preliminary proxy statement by IP with the SEC. Subject to the completion of the SEC's review process of the IP proxy statement, we expect to post our scheme documentation to shareholders in the near term.

[buyzantium] 02/9/2024 15:30

AGM & Q1 Trading Update tomorrow.

[moorsie2] 02/9/2024 10:14

Goes 12p ex Div on Friday

[dssmith51] 22/8/2024 11:18

Just a reminder for those members that don’t know? This is of interest.

MEMPHIS, Tenn. , Aug. 12, 2024 /PRNewswire/ -- International Paper Chief Executive Officer Andy Silvernail will speak at Jefferies 2024 Industrials Conference on September 4, 2024. The presentation is scheduled to begin at 8:05 a.m. eastern time and will be followed by a question and answer session.