Smith (ds) Share Discussion Threads

[gabsterx] 02/7/2020 09:05

- Drop the dividend
- Cashes the share price
- Use money from dividend to massively buy back depressed shares
- ???
- Profit

[redartbmud] 02/7/2020 09:03

EJ

Tried to give you a tick, but ADVFN didn't want to play. Again!!!

I agree, but it is a matter of time before it is reinstated,
The bigger concern will be a decision to rebase at a lower level, given that bank base rates are likely to remain very low for a protracted period.

[redartbmud] 02/7/2020 08:47

Joined the party in my Sipp too.
On my watchlist and below £3 is a good entry point. Resilient business in difficult times.
Forward rating is undemanding, and there should be a decent yield, when dividends are restored. Even if they rebase, it should still return a decent yield.That fact may boost the shares further.
Sadly missed 5p in the price by a mere minute. That would have been an even better entry point!

[scooper72] 02/7/2020 08:42

Bought a few more for the SIPP. Not far off the low from earlier this year and the amount of vans out there delivering endless cardboard packages to my family and neighbours make me think they will continue to have demand for their products going forward. Is not anyway almost politically unfashionable at the moment to pay a dividend?

[fhmktg] 02/7/2020 08:13

Punishment for no dividend!

[pughman] 02/7/2020 07:59

These will go down heavily today

[2vdm] 02/7/2020 07:48

Agree and am happy as a LTH

[leedslad001] 02/7/2020 07:22

Good performance in the situation.

[wapper] 02/7/2020 07:20

Decent RNS .Share price up with events ?

[togglebrush] 02/7/2020 07:18

Synopsis
2020 Continuing operations
----------------------------- ---------
Revenue______________________£6,043m___(2%)
Adjusted operating profit(1) £__660m___+5%
Profit before tax___________ £__368m___+5%
Adjusted basic EPS(1)_________ 33.2p___(0%)
'
Board considers it premature to resume dividend payments at this stage.

[jeffian] 01/7/2020 14:57

Ask me tomorrow!

[fhmktg] 01/7/2020 12:32

Any thoughts on the prospect for a final dividend in tomorrow's announcement!

[2vdm] 25/6/2020 12:00

I hope West Brom get some. It would be great to see the crowd cheering for a change!

[leedslad001] 25/6/2020 11:20

Great idea today and a moneymaker

[nicquested] 21/6/2020 17:46

anyone got a idea on dividend on the 2nd.

[ianood] 17/6/2020 19:49

suetballs - thanks I had missed that, excellent news and bodes very well for the future.

[suetballs] 17/6/2020 14:00

Drabble as chairman - great news.
Was thinking of selling but now I think I will stay around for a while.
Suet

[rik shaw] 08/6/2020 10:03

The trading statement in April also mentioned 2 July.

[alan@bj] 08/6/2020 09:35

Today's Times states the results are out this Thursday even though the DS Smith website states 2nd July. Perhaps originally scheduled for 11th June then delayed by three weeks due to lockdown.

[mirandaj] 05/6/2020 13:20

2nd July as per DS Smith

[dogwalker] 05/6/2020 13:00

Looks like next Thursday, the 11th, according to today's IC.

[alan@bj] 05/6/2020 12:22

According to the Financial Calendar on their website, the results are due on July 2nd.

[fhmktg] 05/6/2020 11:34

Last year's final results came on 13 June.Have they changed this year to July as set out in the trading statement?