Smith (ds) Share Discussion Threads

[taurusthebear] 03/4/2020 10:08

How much is that decline expected to be, despite the panic-buying and obvious incentive for people to buy big online?

At 250p, the share price is suggesting about 30% (from 350p). That seems harsh, especially if the divi is maintained. I'm getting closer to buying.

[fhmktg] 01/4/2020 23:19

We'll find out next Thursday!.....or before.

[moontheloon] 01/4/2020 17:24

They might pull divi?

[dr_smith] 01/4/2020 09:53

Yes, but my investment horizon and dependants, attitude to risk may well be different to yours.
>Approaching levels where is makes sense to pick some up
Only approaching??
That implies you did not like them at the "normal" pre cv price circa 370 or even at 268, 28% down.
Dave

[stevieweebie2] 01/4/2020 09:49

Yes, but not yet.

[heialex1] 01/4/2020 09:11

Surely this falls in the "quality company that will recover" group of companies. Approaching levels where is makes sense to pick some up and tuck them away for a couple of years. Anyone have any strong views?

[mirandaj] 30/3/2020 12:58

“Covid-19

The safety of our people is our first priority and we are working closely with local and national governments to ensure we comply with any guidance introduced at a regional or national level.

We are working hard to support our customers around the world during this difficult time, in particular those supplying essential goods such as food and medical supplies. We are not currently experiencing any significant disruption to our operations from the Coronavirus and continue to monitor the situation closely. We have robust plans in place to deal with the escalation of this issue and will continue to keep our people and our customers informed on any developments.

For all our customers, please contact your local DS Smith contact for any queries about products and services. We remain committed to delivering to you while ensuring the safety of our employees and complying with local guidance in your area.
“As DS Smith responds to the global Coronavirus crisis, my first thought is always with our people who have remained steadfast in these challenging times. Their continued health and wellbeing is my priority, but I also recognise the critical role DS Smith and the wider packaging industry has to play right now, right across global, national and regional supply chains. Our packaging is predominantly used to transport and protect food and personal care items or to deliver goods to peoples’ homes through e-commerce. We also serve the vitally important pharmaceutical sector and it is these sectors that we are prioritising in the days and weeks to come.

“This means that we are supporting our customers to deliver food direct to supermarket shelves, or to ensure that medicines or medical equipment are able to be shipped to where it is needed most. Our design teams are working flat out to develop bespoke packaging to allow retailers to support vulnerable citizens and give them access to everyday essentials through drop and go packages. We are also working with customers that are adapting their production to develop much needed protective equipment like facemasks so they can be shipped to those on the front line.

“It is the continued production of paper and packaging that allows these goods to get to where they are most needed and that’s why our teams continue to go to work every day to run these operations and support our customers’ businesses. I am immensely proud of the way in which they have responded to this challenge. While we haven’t faced significant disruption, our sites are pulling together to support each other, to transfer orders and ensure we don’t let our customers down. This is a testament to the values we have embedded right across the business.” CEO

[pughman] 27/3/2020 11:02

RMG RNS worth a look today, in relation to how their Italian, Spanish and French operations are holding up.

[jeffian] 26/3/2020 15:19

Whatever it was, he's clearly looking for opportunities outside SMDS.

[dr_smith] 26/3/2020 14:46

Jeffian..But he's not taking Bets! ;-)
..Do SMDS do toilet rolls?
Maybe it was a long commute. That one my genuine ponder.

[jeffian] 26/3/2020 13:32

"DS Smith Plc ('DS Smith' or the 'Group'), a leading global packaging company, today announces that Adrian Marsh has informed the Board he will not be joining William Hill PLC. Adrian and the Board have agreed that his prior resignation will be treated as withdrawn and accordingly Adrian will continue as Group Finance Director."


I bet they'll be watching him like a hawk, though!

[fhmktg] 23/3/2020 10:57

Amazon taking on 100000 new employees to meet growth in online buying.Supermarkets working overtime to meet demand for food and other products.Demand for cardboard might be a key feature as we cope with the unprecedented situation.

[pugugly] 23/3/2020 09:57

Going to hell on a broomstick - (imo) Massive slowdown in commerce - so likely to be a BIG reduction in requirement for packaging - OK Increase in online but with the reduction of discretionary income through layoff of staff as a result of compulsory closures on most of the leisure and hospitality outlets I have severe doubts that the increased requirement for online deliveries will go far towards makeing up the shortfall.

Also could be significant risk to factory continuity if there is a significant ramp-up of infection before those that have recovered are able to come back to their jobs.

As an aside - Have seen no mention (I may have missed it) of any slowdown or restrictions impacting the building or construction industries - save only a slowdown in house purchases (share prices of housebuilders and estate agents falling)

[moontheloon] 18/3/2020 10:48

Im out. Amazon restricting deliveries to essentials. Cant work out the impact as lots people ordering essentials so could be boxes still. But may have further to drop. I am surprised stock markets not been suspended.

[moontheloon] 17/3/2020 07:28

Suggested a while back that isolation boredom would be good for ds smith ... in guardian Amazon to hire 100,000 staffThe online shopping giant Amazon said it would hire 100,000 warehouse and delivery workers in the United States to deal with a surge in online orders, as many consumers have turned to the web to meet their needs during the coronavirus outbreak

[2vdm] 16/3/2020 16:39

Thanks for your comments Erog Jones.Glad to see that Aviva have taken the opportunity to up their stake today.

[taurusthebear] 16/3/2020 12:40

The UK government really seems to be blundering on this. The UK may not be China, but that country, and now S.Korea, have shown that this can be stabilised within a couple of months. China had about 0.01% of it's population infected, so for the UK to talk about 60% shows that the government not only hasn't learned but that it is playing Russian roulette with the population. Absolutely pitiful governance.

[gabsterx] 16/3/2020 12:05

Just bought in some more this morning, the dividend is well covered and as per the latest update they had not been affected by the virus so far, although this can change. I have another 40+ years of investing down the road so unless this event wipes out humanity I will continue to average into the market while others are selling off.

[moontheloon] 16/3/2020 11:40

They should be suspending markets imo at this point during this mental period. World gone mad... more than infected

[2vdm] 16/3/2020 10:15

And to think that Hargreaves had this as one of the shares to watch in 2020. I bought at 365p, but that was well before the Covid 19 problem arose. Will it recover as quickly?