Smith & Nephew Share Discussion Threads

[nirag patel] 31/10/2005 08:47

tried to close 3 times at 486p with CMC and every time re-quoted 0.5 or 1p lower.first tried to close £20/point,no success then tried £10/point, still no success. cheaters

[hamsterape] 30/10/2005 22:09

I use CMC MarketMaker for CFDs. Never use stop orders, though. Don't trust early morning SETS prices.

Royaloak - are you saying that with idealing you can place spread bets on the bid or offer or are you talking about CFDs? I would have thought the latter.

[royaloak] 30/10/2005 21:04

Hi Guys

I'm long on these, with idealing and cmc. Both good companies, and both spreadbets. You have to pay 0.1% commission with idealing, however you get touch prices and you can place your buy order on the bid side if you wish, and sell on the offer side if you wish.

[5bertie] 30/10/2005 18:19

HamsterApe. Thank you for that. Spreadbet myself, use CMC, very tight spread
on rolling cash bet also get marketmaker for free with real time trading, they
send it to you for free on cd, just download onto your computer and the information you are getting is phenomenal and all in real time, also keep
automatic statements in real time while you're trading. Possible drawback
£1000 minimum to join. See what you think in the meantime good luck with SN
I'm long. Happy trading and greetings.

[hamsterape] 29/10/2005 07:21

CFDs mainly. Have also used options in the past and would again.
Not keen on spread bets. Pricing seems a bit woolly, somehow.

[5bertie] 28/10/2005 21:43

HamsterApe. Do you spreadbet, buy shares or CFD's. Seems to be in a positive
up-trend and should break through £5 barrier soon. What do you think?
Greetings and have a nice weekend.

[hamsterape] 28/10/2005 20:22

Lol!

I've liked this stock since it had an earnings surprise and broke through £5.00 and ranged above there for ages. It was a really good risk/reward trade to let it drift down, buy the drop on the results. Sold most of it too soon on the recovery but just got prices of 470p all the way up to 485p for my last tranches. Will buy back into any drops.

[5bertie] 27/10/2005 19:56

HamsterApe. I'm long on this one. Good recovery play, especially with severe
winter predicted, all the oldies will be keeling over on the icy pavements
and needing S&N crutches, ha, ha, ha. Greetings and succesful trading.

[hamsterape] 25/10/2005 16:35

Oh yes, sorry.

At least I now know there's someone else interested!

[martin cadd] 25/10/2005 16:26

I think you will find it is Thursday.

[hamsterape] 25/10/2005 14:18

Quarterly results out tomorrow, folks.

[betman] 19/9/2005 10:31

Are these worth investing in now at this lower price, this market has to have a great long term future due to demographics, barriers to entry are high (?), Katrina cannot do long term daamge since people will still need a new hip, always the takeover potential

[ianwc] 16/9/2005 09:03

major pullback. suprised by the strength of the drop, but that's the risk with blue chips on high multiples. 450p next stop?

[mickconn11] 15/9/2005 20:39

I thought it would put up a better fight at 500 but not complaining.

[mickconn11] 13/9/2005 15:27

Pineapple. yep agreed. Could be a 500-520 range for a while and throw up some good trading opportunities but it'll have to test below 500 at some point.

Wouldn't be surprised if the bulls get the ten year old takeover story running again. Papers tomorrow will be interesting.

[qackers] 13/9/2005 15:12

Profit warning.

[0rient] 13/9/2005 12:58

Whats going on.....why the big drop today?????

[pineapple1] 13/9/2005 12:06

Too expensive even at this price.Sub £5 here we come.....imho

edit..although looking at the chart i reckon this will bounce a little at just under a fiver,but then head back down.imho

[ianwc] 13/9/2005 11:33

Trading Statement

RNS Number:1944R
Smith & Nephew Plc
13 September 2005


Smith & Nephew - Trading Update


13 September 2005


Ahead of an analysts visit to the US later this week, Sir Christopher O'Donnell,
Group Chief Executive of Smith & Nephew plc (LSE: SN, NYSE: SNN) the global
medical technology business, made the following comments on trading today:

"Sales growth over the summer has been below expectations, partly influenced by
Hurricane Katrina during August. In Orthopaedics sales growth of knee products
was slower following new product roll-outs by competitors. In consequence, and
coupled with the continuing difficulties in Louisiana and Mississippi, Smith and
Nephew is reducing its full year guidance for underlying sales growth for
Orthopaedics by 1% to 17%. In Wound Management a continued decline in US
distributor inventories has caused us to reduce full year guidance for
underlying sales growth for Wound Management by 1% to 5%."

"The benefit of translational currency has reduced from 11/2% to 1/2% of sales,
for the full year, following the recent decline in the US dollar versus Smith
and Nephew's reporting currency, sterling. A further consequence is that the
trading margin for the full year will be slightly lower at approximately 20.6%
and full year EPS growth will be 12 - 13%."

Smith & Nephew will start its close period on 30 September ahead of announcing
results for the third quarter on 27 October.

A conference call for analysts will be held today at 12.00pm BST / 7.00am EST.
For details contact Samantha Hardy on [phone]. The call will be
audio webcast live at www.smith-nephew.com and a recording will be available
shortly afterwards.

[cat100] 02/9/2005 10:20

*DJ Synthes: May Appeal Smith&Nephew Patent Ruling

[ianwc] 25/8/2005 11:51

rumours of a takeover of SN. just won't go away. This week it is GE that is sizing this up.

[mickconn11] 10/8/2005 19:08

Ian, yep, plenty more short canditates but I firstly look at stocks that can't go up too much before I look at how much they'll go down and SN. looks like it's capped on the upside.

Above 550 firmly and I'm out pronto. In the meantime I'm just trying to nick a few points here and there and collect short interest.

Cheers for the thread and charts. Mick.

[ianwc] 09/8/2005 21:21

fair enough. I don't like it as a short candidate. I think there are better shorts in the blue chips myself.

[mickconn11] 09/8/2005 21:01

US peers are super expensive and relatively yes SN. is cheaper , I agree , but that doesn't make SN. cheap. Behind the headline numbers they release there is quite often exceptionals which reduces their earnings. The eps number can be played around with sometimes.

It's been a bid target for years and one day it might happen but I'll take that chance.

Super company and I've got a load of metal in my leg and very appreciative of what they do but I can't help feeling it's become a bit of a story stock the last few years.

My belief is the stock markets are heading for a fall and this is just one I've put in the short portfolio.

No complaints with the company, just the market as a whole.

Cheers. Mick.