Smith (ds) Share Discussion Threads

[laurence llewelyn binliner] 08/2/2024 12:21

Always nice to see a press rumour confirmed, ideally we need to get to April 06th 1st, to add in the ISA/SIPP in advance.. :o)

Mondi should be sitting in a strong cash / net debt position after exiting their Russian operations, and will be / are looking to rebuild their asset portfolio..

[moorsie2] 08/2/2024 12:09

I would accept anything above 4.50

There must be value left on the table for the acquirer to get their shareholder approval too... delicate balance

But the logic is compelling

[alotto] 08/2/2024 12:04

I hope for an offer in the region of £5

[mortimer7] 08/2/2024 11:50

Guess the clue something was happening was the volume yesterday....

[blackhorse23] 08/2/2024 10:51

Money moving to GNC

[clinton baptiste] 08/2/2024 10:32

Great! About time too.

[jubberjim] 08/2/2024 10:32

That's enough for me Out again

Not bad for a dead market

Leave some for Mr Manners
good luck

[vaston] 08/2/2024 10:26

SYME IS NOW READY TO FLY

[lyceeuk] 08/2/2024 10:25

not a rumour

[clinton baptiste] 08/2/2024 10:22

Is there a takeover rumour doing the rounds?

[spawny100] 08/2/2024 10:18

Nice to wake up to. Everyone still asleep?!

[wilsonn] 01/2/2024 14:31

To cover employee Save as You Earn share schemes that are maturing.

[alotto] 01/2/2024 13:03

What is the Additional Listing about?

[philanderer] 16/12/2023 00:13

DS Smith was among the blue-chip stocks after the paper and packaging firm's rating was upgraded from 'underperform' to 'buy'. Shares gained 2.4 per cent, or 7.3p, to 309.6p as a result. The upgrade filtered through the rest of the industry. Mondi rose 1.5 per cent, or 22p, to 1534.5p and Smurfit Kappa gained 0.1 per cent, or 2p, to 3144p.

[twdlw] 15/12/2023 09:35

Has Aviva taken a 5% + position?

[alotto] 15/12/2023 09:15

Impressed too, I was expecting this to fall on XD but raised.

[laurence llewelyn binliner] 15/12/2023 08:17

Very nice too, a positive share price on XD for 6 pence and up the day after.. :o)

It does leave a gap on the chart though which may get filled over time.

[spawny100] 15/12/2023 08:10

What's kicked this off today?

[anhar] 13/12/2023 10:47

As others suggest, the answer is without a doubt £183.88.

Reinvested divis, whether done manually or automatically, are new cash added to the holding and thus increase the total cost.

[redartbmud] 12/12/2023 16:08

Simplisically.

Total cash out - total cash in.

red

[kirkie001] 12/12/2023 16:01

I'd agree with the above (and so would the taxman, I think)....

[dondee] 12/12/2023 15:35

It is apparently an automatic reinvestment.
Thanks.
Does anyone else have a view?

[mcunliffe1] 12/12/2023 14:26

Simple answer appears to be £183.88 - 1.485665% increase on your TOTAL outlay of £12,376.95

However, if you remove the dividend payment that was used to buy 127 shares, on the basis this was not a cost then the profit is £542.15 or 4.51089% on the £12,018.68 outlay.

However, you could argue that the dividend, whilst given to you at no cost, could have been used for other purposes than reinvestment into the additional 127 shares and thus is genuinely a 'cost'.


I'm guessing there's some rhetorical element to your question dondee?

[dondee] 12/12/2023 12:57

I wonder what the take on this by some of you helpful chaps(and ladies if there are any on here)would be.
Think of it as a no prizes Christmas quiz. It will give you some practice for the quiz in a couple of weeks time, there almost certainly will be one.

A man buys 4,000 SMDS shares at 298.7248p for £11,948.99p. Total cost is £12,018.68p (including dealing charge, Stamp duty and PTM levy of £69.69p)

He later sells 4,127 SMDS shares (the original 4,000 and 127 shares bought with an accumulated earlier dividend payment of £358.27p made up of the 127 at 280.70 = £356.49p + stamp duty of £1.78p. Total cost = £358.27p.

Proceeds of the sale of the 4,127 SMDS shares at 304.6713p is £12,573.78p + £11.95p dealing and £1 levy. Total sale NET value is £12,560.83p.

WHAT IS HIS PROFIT?