Smiths Share Discussion Threads

[philanderer] 08/12/2023 10:09

JPMorgan cuts Smiths Group price target to 1,910 (1,980) pence - 'overweight'

[philanderer] 02/12/2023 20:04

Friday 11:41am: Smiths climbs after 'informative' CMD


Smiths Group (LSE:SMIN) has climbed 1.0% after its Capital Markets Day yesterday.

Analysts explained the presentation was focused on John Crane, the group’s largest division.

Liberum said while there were no changes to financial guidance, it re-affirmed its positive investment thesis.

The presentation highlighted the resilience of John Crane’s high margins, showed how energy transition is an opportunity for John Crane, and that Smiths has the capacity to invest to keep or grow share as energy markets transition.

Overall, Liberum said confidence in its John Crane estimates was reinforced by the upbeat demand outlook as detailed in the management presentations and as supported by the current strong orderbook.

It has ‘buy’ rating and 2,150p price target.

Barclays decsribed the event as “informative,” showing Crane was a division which is in a multi-year growth cycle and continuing to see ‘strong order growth’.

Barclays has an ‘overweight217; rating on Smiths.


proactiveinvestors.com/

[philanderer] 14/11/2023 19:23

Trading update thursday.

[philanderer] 18/10/2023 17:56

xd tomorrow for the 28.7p dividend

[philanderer] 11/10/2023 09:04

RBC cuts Smiths Group price target to 1,750 (1,775) pence - 'sector perform'

[philanderer] 28/9/2023 18:25

Bank of America cuts Smiths Group price target to 2,020 (2,060) pence - 'buy'

[essentialinvestor] 28/9/2023 15:07

Nice intra-day reversal.

[essentialinvestor] 28/9/2023 11:45

The post results drop looks unwarranted to me, but it's been a risk off week.

[action] 27/9/2023 14:05

Results was good yesterday. Went up in 1692p. Now in 1586p. Divi to come. Will watch for another 3 weeks b4 exd

[daisylove] 27/9/2023 13:24

Would really like to buy but we seem to have a succession of lows which is annoying. I like to try and go with flow of trades but they're dominated by algos. Good co. though this whatever the share price volatility.

[essentialinvestor] 27/9/2023 13:10

Phil, enjoy.


Daisy, SMIN usually gets knocked on risk off markets, economic slowdown fears etc.
The multiple now looks reasonable, particularly given low gearing - but a lot
is getting cheaper in this market ATM.

[daisylove] 27/9/2023 13:06

I'VE BEEN WATCHING THE UPS and downs but can't work out why it keeps getting knocked down by quite large margins.

[philanderer] 27/9/2023 10:56

Morning EI, yes , managed to exit VID @ 580p. On holiday in Sesimbra, Portugal at the moment but heard the strike settlement news on BBC World service and sold my holding at the market open the following morning.

Disappointing reaction to SMIN results.

[dope007] 27/9/2023 10:35

Just added these to my watchlist with a view to invest. I have dividends hitting my account and need to divest further and these seem to fit the bill. Yield isn't the best but there is clear potential for growth here. PE is undemanding and they are in very good sectors.

[essentialinvestor] 27/9/2023 10:13

Added a few more.



Phil, hopefully I saved you a few £'s on VID, results as bad as I expected
and the risk now is an equity raise. The first signs of trouble were there
last autumn as posted at the time.

[philanderer] 27/9/2023 09:45

‘Smiths Group: energy transition should help UK conglomerate to shine’

Closing its valuation discount gap with engineering rivals will not be easy

hxxps://www-ft-com.ezp.lib.cam.ac.uk/content/e85eab91-b580-42af-87b5-1c70cc7c3137

[essentialinvestor] 27/9/2023 07:13

Added a small amount, closer to £15.50 and will buy a larger holding.

[philanderer] 26/9/2023 21:14

Investors Chronicle

BUY

[essentialinvestor] 26/9/2023 18:08

Put this back on a watch list, bounced multiple times from under £16.

Obvs wider equity markets play a role in the price.

[pugugly] 26/9/2023 17:56

Think CEO? Was on Sky News Ian King today - Just caught back end of interview (if I have got the right man) talking about 40 years forward involvement for carbon reduction and switch to new energy - Sounded interesting but capital intensive - nothing in the section about profitability.

[philanderer] 26/9/2023 17:19

Despite declaring a commendable 20% surge in its annual operating profit driven by increased volumes and enhanced pricing, Smiths Group saw its shares slipping by 3.75%.

Sharecast

[philanderer] 04/9/2023 23:09

Smiths Detection announces the availability of the advanced HI-SCAN 6040 CTiX baggage screening system in India

[philanderer] 02/9/2023 23:04

Engineering powerhouse Smiths Group is helping conquer space