Smith (ds) Share Discussion Threads

[mirandaj] 09/7/2017 13:43

As we have seen

[philanderer] 07/7/2017 14:07

ct, at this rate it`ll breeze in ;-)

[churchtower] 05/7/2017 08:53

Jeffries 475 Barclays 565 - half way 520!

[philanderer] 05/7/2017 08:42

Better ;-)

Barclays 'overweight' tp 565p

[churchtower] 03/7/2017 09:56

Poor analysis of the medium to the longer term by Jeffries in my view. Seems to ignore the benefits of the Interstate acquisition which had sales of $618m in 2016 which will not only augment DS Smith's supply chain, but will further diversify its revenue. Currently, nearly sixty per cent of revenue comes from customers in the UK, France, Germany and Italy. I shall stick to my target of 520 within 12 months.

[philanderer] 03/7/2017 08:27

Jefferies reiterates HOLD - tp 475p up from 460p

[philanderer] 29/6/2017 23:55

Very well done Bscuit :-)

[bscuit] 29/6/2017 23:38

My twenty year- with rights and excesses- holding has gone up nearly 4.5X - happy.. Nice quiet board.

[nallen1] 29/6/2017 16:32

This has been a lovely steady eddy get rich slow investment for me, long term hold.

[philanderer] 29/6/2017 09:39

Good work as always :-)


Peel Hunt buy 520p tp
Citi buy 498p tp

[churchtower] 29/6/2017 09:37

Appears to be a placing rather than a rights issue. Interestingly this rise has placed DS Smith third in the FTSE 250 just behind Melrose Industries and Capita. May not be too long before we see a promotion to the FTSE 100.

[dr_smith] 29/6/2017 09:30

For the placing I half expected to see an incentive/discount for existing shareholders. I haven't read all the small print but haven't spotted such incentive.

[churchtower] 29/6/2017 09:23

What an excellent inclusion in a portfolio. Confident forward outlook, substantial rise to an already decent dividend. I reiterate my target made in a number of previous posts of 520, but now see this as a 12 month target rather than 18 months. I remain overweight and will add further on any weakness.

[markie7] 29/6/2017 08:35

Congratulations to DS Smith. Excellent work

[philanderer] 27/6/2017 13:13

27 Jun 2017 −

DS Smith, Smurfit Kappa Group and Saica have announced plans to increase prices for recycled containerboard grades in Europe.

On Monday 26 June, Smurfit Kappa announced a 50€/t price increase for brown recycled containerboard for all European markets to reflect rising input costs and continued demand strength. According to the announcement the increase will take effect from 3 July.

A few days ago recycled containerboard manufacturer Saica also announced an increase for recycled containerboard.

Earlier in June, UK group DS Smith informed customers of its plans to charge €50/t more for recycled containerboard from 1 July 2017.

[churchtower] 26/6/2017 15:35

Full year earnings release on Thursday.

[spoole5] 20/6/2017 09:07

Breakout today?

[spoole5] 15/6/2017 20:47

Hopes for soft brexit have given way to rate hikes and sterling strength. Results should give next catalyst. 5 quid year end.

[churchtower] 15/6/2017 17:32

Not quite the pause expected but in line with the rest of the market.

[churchtower] 14/6/2017 15:11

Spoole5 - Great call by you on 24th May. Strong upward movement since. May see a pause at this present level but with the full year results due two weeks tomorrow a breakout is possible and could take it to 480 and increase my confidence in an 18 month target of 520. Good dividend as well. CH.

[spoole5] 24/5/2017 08:13

Topping up here. Good buying opportunity.

[philanderer] 18/5/2017 10:24

Jefferies 'hold' tp 460p

reiterates

[philanderer] 16/5/2017 13:21

'The Share Centre: DS Smith offers increasing dividend'


Packaging company DS Smith (SMDS) is The Share Centre’s share of the week thanks to strong earnings now feeding through into dividend payments.

The company, which provides corrugated and plastic packaging and recycling services, has benefited from the growth in online retailing where cardboard packaging is widely used.

Analyst Ian Forrest said the latest trading update also pointed to the fact that ‘recently acquired businesses have made solid progress and the group therefore expects to deliver on all five of its medium term financial targets’.

He said the company had a good track record of ‘boosting growth with well-judged acquisitions’.

‘Strong earnings are now feeding through into dividend payments, which have increased substantially in recent years, and the prospective yield now stands at 3.6%,’ said Forrest.

‘Combine this with good sales growth, a solid record with acquisitions and a cost-cutting plan, we continue to recommend DS Smith as a “buy”. The shares are suitable for investors seeking a mixture of income and growth but also willing to accept a higher level of risk.’