Smith & Nephew Share Discussion Threads

[bluebelle] 06/2/2013 12:16

I agree with them about SN.

[hotstuff] 27/1/2013 14:14

Johnson& Johnson may be prowling around?

[scrapman] 24/1/2013 08:49

strong moves over recent weeks , any news about ??

[essentialinvestor] 02/11/2012 18:41

APAD knows this company very well but does not hold any more.

[jamielein] 02/11/2012 18:19

Results didn't seem great to me, but not bad enough for me to sell. Was hoping someone who knows a little more than me would post something useful!

[essentialinvestor] 02/11/2012 13:47

No comments on the statement?.

[deanroberthunt] 10/10/2012 10:54

doh!....your account will get debited the amount of the dividend so it's a bust....

[deanroberthunt] 10/10/2012 10:41

Can it be as simple as to go short just before close on the day before ex-div ?

Maybe try it on BA. and TED who go ex-divi next Wednesday

[jamielein] 10/10/2012 09:51

Dividend was only 10p so not sure why it's fallen so far...

[deanroberthunt] 10/10/2012 09:18

ah, cos it's gone ex-divi...

[deanroberthunt] 10/10/2012 08:57

why the fall ? can't see a specific reason...

[jon827] 15/8/2012 08:31

Unfortunately that trade has been and gone steve, profits were banked by all my clients and followers and a good time was had all round

Sanks

[uxb_steve] 15/8/2012 08:24

Jon827 - on the way to 700 ?

[uxb_steve] 17/7/2012 11:52

V quiet on this thread - but looking very good on the chart.

[jon827] 02/7/2012 17:41

you have to like the chart on this one, how many times can 640 keep a lid on it? im getting long in the morning for the run to 700

[apad] 15/5/2012 08:16

2 articles in FT 14 May - triggered by Bohuon.

Don't much like high-profile CEOs, especially when they talk about making savings and putting them into R&D.

The Tintins might like him for a while - talks their language.

I'd like seven quid for my holding.

sp is more or less in lockstep with the footsie.

Safe enough, but down about 8% over 2 years cf ITRK, up 70%.

Why compare these two? Because they have similar yields.

Don't expect a takeover - new boy wants to make a mark (with my money!)

Was tempted to switch into WEIR, but increased my holding from elsewhere. Maybe half SN. into increasing ITRK and CRDA?

Mmmmmm....

apad

[apad] 04/5/2012 15:41

TMF diagrees with me:

[essentialinvestor] 04/5/2012 10:54

APAD, many thanks for that.
On WEIR there will clearly be a very nice bounce at some stage,
my jaw dropped just a bit when I read the % on loan.

My focus has been on regaining my health over the last few months,
nearly job done now, hopefully.

[apad] 04/5/2012 10:00

EI
Once the fact that the recovery in margins is underway and reflected in the share price I shall consider selling SN. Basically, I do not think it is a great business. Looking at the implant side they sell highly priced kit in a very competitive market with no intellectual property advantage and the customers are one-offs. The hip joint was solved in the 60s and most knee joints are not brilliant.
Once they are at the top of their trading range I think I shall be out. The negative is that I may miss industrial consolidation in the competitive market - a take over.
I might consider putting some in WEIR when the shorters have finished with it (I think they may have a point).
You interested in any of the classics at the moment?
apad

[apad] 03/5/2012 14:22

Stoppit EI - tempting the gods I call that, hubris, etc.

First view is that what it says is that the measures to reduce costs, which includes moving production, are working. Anything less than this and the share price would have tanked.

Still a hold for me. Probably a while before any of that feeds back to shareholders. It's only 1.2% of my portfolio so I don't angst about it.

I intend to look at the metal on metal hip issue (outside the financial literature) for the scale of the problem; the lack of news so far is a good sign. It still beggars belief that this fundamental mistake should be made again.

FWIW so far.
apad

[essentialinvestor] 03/5/2012 10:00

APAD is the man in the know on SN.- if he is about,
it's his view that I pay attention to.

[uxb_steve] 03/5/2012 09:54

Hi
New to this share. Any regular holders like to comment on the Q1 results. They look pretty good to me as the 'uninitiated'.

[artnouveau] 24/4/2012 09:34

Bought back in at £6.04, only short-term trade though. What isn't in this environment?

ArtN