Smith & Nephew Share Discussion Threads

[essentialinvestor] 23/4/2012 20:22

UKX has bounced strongly from about these levels previously, so the next week
will be interesting.

[apad] 23/4/2012 19:44

Plenty of downside if the FTSE reaches 5400, EI.
apad

[artnouveau] 23/4/2012 15:46

Breached my stop loss this morning so sold at £6.05 so don't know when I'll buy back in personally. Bought some more Sainsbury's with the monies.

ArtN

[apad] 23/4/2012 15:44

Don't reckon it'll see 550 again EI?
apad

[apad] 23/4/2012 15:44

Don't reckon it'll see 550 again EI?
apad

[essentialinvestor] 23/4/2012 14:02

APAD, I might be tempted by some SN. on any messy general market sell off -
even allowing for the MOM.

[essentialinvestor] 27/3/2012 19:50

If it was not for that I would make a significant investment here.

APAD knows the sector.

[contrarian2investor] 27/3/2012 19:42

APAD and EssentialInvestor, the litigation for all companies historically involved in MoM could go on for years. Therefore depressing sp's.

[apad] 20/3/2012 11:34

Hello EI,
Good question - I suspect it will be manageable in the UK, but one worries about class actions and punitive damages in the US. It is the reason I would not increase my SN. holding above its current 1.2%.
Plastic acetabular cups were developed by Charnley because of problems with metal-metal interfaces and going back to them is an engineering nonsense driven by marketing and patents.
apad

[essentialinvestor] 20/3/2012 10:53

APAD, if you are aroung do you have any view on the potential for
future claims from metal on metal implants?.

[nscap] 01/3/2012 14:00

"New CEO is cutting costs and moving manufacturing to cheaper countries"

I usually think this is good news, but surely an effect on revenue. For example, if they were to shut down plants with no definitive process mapped operation offshore then I fail to see how this helps their P&L.

[apad] 24/2/2012 13:18

EI
Good points, and I own AMS but think them very highly priced at the moment.

But, hey, did you see how my SN. buy moved the market:-)
apad

[essentialinvestor] 24/2/2012 09:49

They tend to buy in the private rather than the listed sector.

Between news flow for now so not suprised at a minor retrace
given the large % jump on previous results.

[apad] 24/2/2012 09:39

Morning EI,
Increased my holding this morning.

Reasons to be cheerful:
Increasing wound care market (it might purchase AMS (but I hope it doesn't))
Sound artificial joint business
Sound finances
New CEO is cutting costs and moving manufacturing to cheaper countries
Cheap pound
Yield is 6.4 times monies on deposit :-)

I reckon this is a rerating story for the Tintins in 2012.

apad
ps look at CPI go! Can't time 'em all.

[lucky_punter] 08/2/2012 13:24

Broker Daniel Stewart has chosen two companies from each of its primary coverage sectors - financials, healthcare, leisure, materials, metals & mining, oil & gas and software - as its top picks for 2012.
In financials, the broker prefers Close Brothers (LON:CBG) and Standard Chartered (LON:STAN). While the healthcare picks were Abcam (LON:ABC) and Smith & Nephew (LON:SN.).

[essentialinvestor] 06/2/2012 16:07

Lots of people appear to be considering selling at these levels,
not sure if it is an outright sell - however on 14x 2013 numbers (if met)
it looks a full price, just in my view.

[nw99] 02/2/2012 15:52

I was going to sell then thought why the company is run well and always the old bid speculation in for nothing so still holding

[inv] 02/2/2012 12:39

this is so undervalued

[philo124] 02/2/2012 12:20

Thought of selling but still here!

[essentialinvestor] 02/2/2012 11:15

Not even one post on results day.

[l2user] 05/1/2012 06:22

Smith & Nephew to spin off its biologics arm
By Helia Ebrahimi8:10PM GMT 04 Jan 2012

[artnouveau] 14/11/2011 11:03

Upgraded by Exane apparently and some good press at the weekend. ArtN

[philo124] 14/11/2011 10:40

Have to see wether there is follow through when US opens.

[artnouveau] 14/11/2011 10:03

$4bn turnover and profits varying between $400-600mn. 'Tis a sitting duck and about ruffle a few feathers IMHO.

ArtN