Smith (ds) Share Discussion Threads

[97peter] 19/8/2019 18:50

Good bounce today and someone or maybe two large II’s see things turning and on the up. Onwards to 400 before divi in October?

[97peter] 18/8/2019 10:22

This share is quite like IAG, it just needs some direction/news from the Board and it will be back to 450p or above as a top UK share. The merger, acquisitions and a few minor issues have dragged it down a little, now it can fly! Great share to have in long term portfolio.

[taurusthebear] 16/8/2019 09:50

Correct. I bet humanoids screwed up Venus too, a few million years ago.

[dr_smith] 16/8/2019 09:39

Remedy may not be on the table for planet Earth.
The planet needs harmony to work efficiently and effectively to resolve a world problem, that may already be unresolvable.

[taurusthebear] 16/8/2019 09:03

You get the leaders you deserve. Americans get a chance to remedy that next year, and us probably this.

And then there's the FTSE glitches...

[dr_smith] 16/8/2019 08:43

TTB and EJ.
I think you are both right.
Yes, "The art of investing is to deal with the World as it is, not as how you would want it."
but Trump means the world markets are not based on logic and economics but a game of chance.
I asked myself the question yesterday,if Mr T passes a grassy knoll, how much better the world would be, world peace, trade harmony, green issues, protected species...and lets mention green issues again as we don't get a second chance when we screw the planet up ("when" with future tense is optimistic, we may already be screwed).
Dave

[taurusthebear] 16/8/2019 02:40

You seem to be losing the plot, EJ. The art of investing is to deal with the World as it is, not as how you would want it.

I'll happily bag a few more shares at 250p. :0)

[togglebrush] 15/8/2019 16:57

Press
'

'
Short Extracts:-
acquisitions of Interstate Resources, Corrugated Container Corporation and The Display Connection, and the investment in a new HQ in Atlanta, were a clear, bullish statement of intent... plans to aggressively push established competitors in the USA.
'...
“Our US business is performing well, and we’re growing through acquisition in North America. The acquisitions and integrations have been a success, and the organisations we’ve acquired fit well together and with DS Smith. We’ve taken the strengths of each organisation and applied them to our overall business, and we are very pleased with the outcome,”
'...
“We took our time to find the best, most strategic way for DS Smith to enter the North America market. Interstate Resources was the ideal acquisition because it fit the DS Smith system well, and also provided a platform for growth. Now we have a successful organisation that’s scalable and can add a lot of value in the long-term.”

[gabsterx] 15/8/2019 10:42

My understanding is that DS SMith has a smaller exposure to industrials versus its European peers and is more focused (about 70%) on FMCG which is less volatile.

Might be that the market is throwing the baby out with the bath water and treating all packaging businesses the same.

[essentialinvestor] 15/8/2019 10:18

Some of the industrial stocks I follow are already deep in bear markets,
Bodycoate (BOY) as one example. Very well run company but highly cyclical.
It looks as if recession is already hitting some sectors, rather than a future event.

[97peter] 14/8/2019 21:34

This will stay above 300p. Plus this excellent company and share is ludicrously cheap and if it was a US stock would be today at 450p or over 500p by end of year.

[taurusthebear] 14/8/2019 17:05

Why? The cheaper the better. It's surely about buying low, not picking the proverbial bottom.

[alotto] 14/8/2019 16:36

3 quid or less. I'd say 2.70 by looking at the chart. I hope I am wrong. I will top up at that level.

[taurusthebear] 14/8/2019 16:12

The way things are going, make that 3 quid!

[taurusthebear] 13/8/2019 14:00

Don't see the next 3-4 months as predictable at all with Boris and Donald around. But 320p or below looks very tempting for a top-up. I don't expect to be around in 40 years time so my timeframe is a tad shorter. :0)

[97peter] 10/8/2019 17:18

For next 2-3 months to next divi payment I see this share price steadily ticking up to 400p, possibly 420 by November?

[gabsterx] 06/8/2019 12:11

Hey Jeffian, looks like we were in the same boat as I also received a cash load from my RPC shares that were taken over. I too almost never sell, I'd rather accumulate cash by slowing down dividend reinvestments when the market is fairly or overvalued and build up a cash position that way.

[jeffian] 06/8/2019 10:12

Agree with you absolutely, Gabster. My weakness is that I never know when or if to sell and rarely do, as a result of which I am almost always 'fully invested' and usually do not have the cash available to buy when the market is 'fearful'. However, it just so happens that on this occasion my 2 largest holdings have been subject to takeover so I currently have an embarrassment of cash available through no skill on my part. One of the t/o's was RPC and about half those proceeds were reinvested in SMDS at about this level. There are some other great buying opportunities appearing now, though I shall probably wait to see whether there is an Armageddon Day around 31/10.

[gabsterx] 06/8/2019 08:39

Thank you Lear, it's not easy to keep a level head when so much blood is on the streets but I try to stick to my long term plan as much as possible.

Just added another 600 shares just now, it could go down more but I find 320p to be a decent value for a well managed and growing company.

[le4r] 05/8/2019 23:32

Great post GabsterX