Smith & Nephew Share Discussion Threads

[bigbertie] 29/10/2021 10:35

1200p looks like a good psychological level for a pause.

[salpara111] 29/10/2021 09:27

Elective surgeries are being delayed which is bad news for them.
Overall demographic trends are in their favour but short term issues.
I have them on my watch list but expect another final down leg.

[essentialinvestor] 29/10/2021 09:05

One director after another selling as I've highlighted.

[malcolm caton] 29/10/2021 09:04

Warning from US rival according to Telegraph

[essentialinvestor] 29/10/2021 08:53

I'm sure it has nothing to do with results next week ) - let's see.

[laptop15] 29/10/2021 08:37

Doesn't seem to be, just market makers making a market I think

[csalvage] 29/10/2021 08:22

Any reason for this drop today.

[csalvage] 14/10/2021 17:27

Nice to see this go up but can't see any news.

[pugugly] 06/10/2021 12:03

New 1 year low hit and downward momentum at 1237 - Will £12.00 hold or retreat below the lows of last year at about £11.50?

[philanderer] 05/10/2021 11:01

BARCLAYS CUTS SMITH & NEPHEW PRICE TARGET TO 1,760 (1,775) PENCE - 'OVERWEIGHT'

[essentialinvestor] 04/10/2021 17:17

7,000 admissions was the very top end and always looked uber pessimistic,
modelled range was 2,000-7,000, fortunately we are well below the low end atm.

[philanderer] 04/10/2021 11:32

CITIGROUP CUTS SMITH & NEPHEW PRICE TARGET TO 1,420 (1,610) PENCE - 'NEUTRAL'

[pugugly] 03/10/2021 13:02

AS&SB - Thanks for input.

[suetballs] 03/10/2021 10:21

So given the above numbers - which are very encouraging - the NHS should begin to pull its finger out.
Suet

[aquaesulis01] 03/10/2021 09:43

pugugly, re covid uncertainty, the number of red list travel destinations are due to be slashed because Covid-19 hospitalisation rates have confounded modelling which suggested that daily admissions could number 7,000 this month, when in fact they appear to have plateaued at 600. This reduced burden on the NHS, coupled with the 1 in 5 patients on the NHS routine operation waiting list going private, should start to reflect in improved figures for S&N as early as the Nov 4th update. As for the fly season

[pugugly] 01/10/2021 17:29

Now I wonder if I called the bottom with post 457 - Have been tracking for over the summer but establing an apparent pattern of 1 step up and then 2 steps down,since July. Will 1200p hold. NEGK.

[gclark] 01/10/2021 11:17

Suet you are not the only one in this position!

When you see Myra Eskes Pres of APAC region selling a lot of stock you do wonder what they know that we don't. The results seemed ok and forward looking it seemed all ok.

Or is it just an II needing to raise cash? But I then expect an RNS about holdings every day.

[suetballs] 01/10/2021 10:20

Increasing my holding here was not one of my better decisions!
This is a very unloved stock and Mr Market has shown no mercy.
As to the eventual low I hope it won't go sub £12 which is the level it reached when covid first became a major concern. Prior to covid we had been £19!!!!!!!!!!
Suet

[pugugly] 01/10/2021 09:15

Covid uncertainty strikes again-
New low for year.

How much more damage PLUS of course the pending arrival of the fly season will be infliced here.

Guesses as to eventual low?

[essentialinvestor] 16/9/2021 11:32

Closed my trade for a few shekels, luck to holders.

[marcela9] 16/9/2021 10:52

oversold imho

[smcni1968] 15/9/2021 23:58

80% discounts in China, make it up in volume?

[ianood] 15/9/2021 16:50

Its in the UK, that's the problem!

[essentialinvestor] 15/9/2021 13:19

Stryker is not showing share price weakness so company specific would think.