Smith (ds) Share Discussion Threads

[moorsie2] 23/1/2020 09:18

Should be a good day today - we have hit the bottom. Time to load up

[taurusthebear] 22/1/2020 12:52

In the absence of imminent bad news (and notwithstanding global pandemics), could this be a bottom-crawling situation? Hmmm...

[joshuam] 18/1/2020 21:25

Hopefully we have hit a new higher low

[dr_smith] 17/1/2020 18:49

Brill Jeffian, thank-you. :-) :-)
My eyes were going fuzzy trying to spot difference in 2 charts.
IIRC one share price chart used to show events, thought it was LSE but not shown on what I saw.
With your pointer I can resume my comparison. :-)
It also serves as a reminder, when using data sources it's important to know what they represent - and whether they have already been adjusted for such events.

[jeffian] 17/1/2020 18:14

There was a Rights Issue in connection with the Europac acquisition around July 2018 -

"DS Smith Plc ("DS Smith" or the "Company") today announces that the 3 for 11 Rights Issue of 293,068,454 New Ordinary Shares at 350 pence per New Ordinary Share announced on 19 June 2018 closed for acceptances at 11:00 a.m. (London time) on 24 July 2018. The Company received valid acceptances in respect of 282,893,119 New Ordinary Shares, representing approximately 96.5 per cent. of the total number of New Ordinary Shares to be issued pursuant to the fully underwritten Rights Issue."

[dr_smith] 17/1/2020 18:09

If I look at google finance share price for SMDS 5/1/18 it was circa 407.
LSE has around 500
My own data copy has 507

Has there been some sort of share issue (bonus/rights) that would account for difference?

I think SMDS are in better shape than 2 years ago, but with this data glitch I'm not sure if I'm comparing like with like.

Dave

[gabsterx] 16/1/2020 13:07

SMDS is still a bit expensive compaired to its intrinsic value I estimate at 330p using optimistic future cash flows. I would like it to dip a bit more at around 350p so I can replenish as I'd pay a premium for this well run company.

[scooper72] 16/1/2020 11:47

Just topped up the SIPP with a cautious amount. My smds isa holding is still a little in the red, so will leave it be.

[taurusthebear] 16/1/2020 11:41

10% drop hardly shocking. I'm in... :0)

[taurusthebear] 15/1/2020 12:42

Top-up time approaches.

[marksp2011] 14/1/2020 19:09

Maybe he is short ??

[moorsie2] 14/1/2020 16:13

Very theoretical and theoretically I agree 100%

But reality is every CEO is measure on total return to shareholders and thus they obsess about the share price. Moreover a lot of their personal wealth is tied up in the share price.

So from my experience they do watch it daily and think of ways to positively impact it

[jeffian] 14/1/2020 16:05

I don't think Boards/CEO's can or should "manage" the share price. Their job is to manage the business, and if they do it well in terms of growing revenues, margins, profits and dividends - the things they actually can control - then the share price should follow.

[moorsie2] 14/1/2020 14:53

the 396 on the 13th December looks like a very distant memory at this point!

Wonder what the board and ceo have planned to get this back to mid 450s plus.. would be good to get some strategic direction

[marksp2011] 14/1/2020 13:38

Yep
Looked like a 1940s Nissen hut

[moorsie2] 10/1/2020 15:51

Mondi CEO announced hes stepping down.

Industry buying opportunity

[marksp2011] 10/1/2020 15:35

Mondi on a big broker downgrade ?

[moontheloon] 09/1/2020 20:46

Quite a hefty downhill today any particular reasons apart from underlying global matters? Notice the share price not adverse to steep ups and downs... traded perhaps? Ideas?

[jeffian] 07/1/2020 23:17

Bareknee,

Agreed about the past couple of years but I don't think in those terms. I mainly buy for income with capital growth a nice bonus. I first bought SUS in April 2001 for £4 on a 6%+ yield, so stellar enough for me. As I said, it does have periods "in the doldrums", but as long as it keeps going up in the long term, I'm happy. Avon +720%, Diploma +375%. To get back on topic, I made quite a lot on RPC and SMDS is the replacement for that. I am expecting it to do well over time.

[bareknee] 07/1/2020 20:28

jeffian

Re "It has worked very well for me with companies like Avon, Diploma and S&U, all of which had periods in the doldrums but have shown stellar returns in the past couple of years."

I hold S&U, and have done for many years, but it's return over the last couple of years has been lacklustre rather than stellar.

I'm also a holder of Diploma, which is doing nicely, havn't a scooby about Avon though.

[moontheloon] 07/1/2020 09:39

In for a few waited for around 380 mark. Good luck all

[dr_smith] 06/1/2020 12:28

Cheers!!! :-)
You have beaten me by around 8,000 years!:
"There is evidence that beer was produced at Göbekli Tepe during the Pre-Pottery Neolithic (around 8500 BC to 5500 BC)"