Smiths Share Discussion Threads

[philanderer] 16/12/2021 18:33

Back to where we were at the start of the year :-)

[philanderer] 23/11/2021 00:27

The new CEO of engineer Smiths (SMIN) Paul Keel has defended the company’s conglomerate structure, following plans by General Electric and Toshiba to break-up their diversified structures to extract better shareholder value.

For the time being investors seem fairly relaxed about Smiths, with the shares bid up 0.5% to £15.03 by the close.

Shares Magazine

[philanderer] 22/11/2021 18:14

Collaborating with Microsoft and Heathrow to develop AI tool to uncover wildlife trafficking

[philanderer] 19/11/2021 14:27

Nice dividend paid into the account today :-)

[paulthepunk] 19/11/2021 06:01

I watched the Q&A, really like what they were saying. Company seems a solid investment. Shame the dividend isn't a bit bigger but I'm more than happy to hold through the buy backs and see what happens.

[philanderer] 17/11/2021 14:27

Smiths Group plc ("Smiths" or "the Group") announces that it will host a capital markets event commencing today at 14.00GMT online and concluding on 18(th) November with an in-person Q&A session and interactive technology exhibition.

[philanderer] 11/11/2021 14:41

Smiths Group delivers 'good' Q1 performance as revenues tick up


[...]

[philanderer] 09/11/2021 18:00

Smiths Detection a global leader in threat detection and security inspection technologies, has secured a contract with Japan Customs to provide two Hi Energy 9 MeV, interlaced, dual view HCVS high-performance cargo inspection systems for screening trucks and cargo containers to Tokyo Customs at Jyonanjima and Kobe Customs at Mizushima. Installations will start in April 2022.

[philanderer] 09/11/2021 17:59

Smiths Detection, a global leader in threat detection and security screening technologies, confirms that its air sampler, BioFlash®, can detect SARS-CoV-2 variants including the Alpha variant (B.1.1.7), Beta variant (B.1.351), Gamma variant (P.1), the Kappa variant (B1.617.1), Delta (B.1.617.2) and Delta plus variant (B.1.617.2.1). The company is currently confirming the ability to detect the Lambda variant, with results likely available in Autumn.

[philanderer] 05/11/2021 00:07

Smiths Group today announces that it has signed up to the United Nation’s Race to Zero campaign, building on our commitment to achieve net zero greenhouse gas emissions from operations by 2040, with net zero Scope 3 emissions reached by 2050.

[essentialinvestor] 29/10/2021 10:32

Back in this AM.
I mentioned selling previously on the SHA board.

[philanderer] 25/10/2021 11:42

Missed this from last week.


19/10/2021 12:50 pm
Business Wire


High-performance contraband detection device will help keep Japanese ports of Kobe and Tokyo safe

Smiths Detection, a world leader in threat detection and security controls, has signed a contract with Japanese Customs for two high-performance HCVS Hi Energy 9 MeV, interlaced and dual-scan cargo control systems display, intended to control trucks and freight containers at the customs posts of Jonanjima in Tokyo and Mizushima in Kobe. Installation of the devices will begin in April 2022.

The enhanced HCVS X-ray Fixed Control System employs a new and modernized conveyor mechanism, which strengthens security controls by scanning trucks (including cabs), containers and entire vehicles for threats and contraband products. Capable of distinguishing between organic and non-organic materials, the HCVS system reduces the need for manual checks while ensuring fast and reliable results. It is already deployed in various ports in Japan and other international ports, such as Antwerp in Belgium and Haifa in Israel.

[philanderer] 25/10/2021 10:15

Top FTSE100 faller this morning.

[essentialinvestor] 20/10/2021 11:19

Nice. Looking for around £14.50 - so 14.25 plus the 26 pence divi.

[essentialinvestor] 19/10/2021 13:54

Tasty divi to come and capital markets day in November.

[philanderer] 19/10/2021 12:17

Morning EI. I think that's a good call :-)

[essentialinvestor] 19/10/2021 10:45

Added this morning, looks rather cheap, XD on Thursday for 26 pence.
Recommended these to my Dad yesterday.

[philanderer] 13/10/2021 14:03

RBC CUTS SMITHS GROUP PRICE TARGET TO 1,605 (1,690) PENCE - 'OUTPERFORM'

[philanderer] 06/10/2021 14:13

Smiths Detection opens new global technology development centre in Bangalore to advance latest digital technologies

[philanderer] 04/10/2021 16:09

CFO adding a few.

[philanderer] 01/10/2021 11:26

BERENBERG CUTS SMITH & NEPHEW PRICE TARGET TO 1,880 (2,020) PENCE - 'BUY'

[philanderer] 29/9/2021 01:15

Market report:

Chief executive Paul Keel, who took the helm in May, said a global shortage of semiconductors, components used in all kinds of electronics, as well as the ongoing crises in energy costs and shipping will not hit the firm as badly as some other companies.

Keel highlighted the group’s local supply chains across the 50 countries in which it operates and said the surge in energy costs would be a ‘tailwind’ for its energy business John Crane, which he said is helping customers ‘navigate the transition from petrochemical to cleaner energy sources’.

[essentialinvestor] 28/9/2021 21:34

We lose £110 million on pre tax (annually) from the sale of Smiths Medical - a large chunk of profitability.


On the plus side should be 10% less shares in issue - approx 12.6%
on the current SMIN share price.

At least a £15 million annual interest saving on lower
net debt, plus a £15 million annual saving on lower pension contributions from FY '22.

Net debt should fall to somewhere around £400 million, or under.

$500 plus value in the 10% of ICU shares - at their current SP
think it's nearer $600 million approx.

[philanderer] 28/9/2021 18:31

Investors Chronicle :

Smiths well poised for renewed opportunities

Following restructuring measures, the group is in better trim to take advantage of a bounce-back in its end-markets.

The localised nature of Smiths’ supply chain arrangements means that it is not being unduly affected by the unholy trinity of semiconductor, energy and logistics issues. And the improved efficiencies are also reflected in a 125 per cent cash conversion rate, which fed through to decreased borrowings and a 40 per cent hike in free cashflow to £383m.

Performance remains chequered across the group’s business segments, but continued working capital discipline helped to boost ROCE by 140-basis points to 13.2 per cent. Market challenges notwithstanding, a forward rating of 14 times Investec’s adjusted earnings forecast is not overly demanding, particularly given a prospective dividend yield of nearly 3 per cent.

Buy.

full article: