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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Smiths News | NWS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 162.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 162.00 | 162.00 |
| Top Posts |
|---|
Posted at 23/4/2014 16:49 by skinny I used this elsewhere on an NWS thread header under the chart - easily modifiable.On edit - looks like half the links are not allowed here. The Smiths News Group operates in distinct but complementary markets; newspaper and magazine wholesaling, Smiths News, book wholesaling, Bertrams and education supplies, The Consortium. Smiths News is the UK's leading newspaper and magazine wholesaler. The company distributes newspapers and magazines on behalf of national publishers as well as a number of regional publishers. It serves approximately 30,000 retailers across England and Wales, supplying large general retailers as well as smaller independent newsagents. |
Posted at 07/4/2014 21:05 by cw2000 Is this the article you refer to?By Moira O'Neill, 04 December 2013 How to become an Isa millionaire IC Lord Lee's Isa portfolio Lord Lee holds 40 stocks because it "makes sense and is manageable". His current holdings include the following six stocks - all of which he has held for many years: ■ Treatt (TET) ■ Air Partner (AIP) ■ Dairy Crest Group (DCG) ■ BBA Aviation (BBA) ■ Fenner (FENR) ■ Smiths News (NWS) However, Lord Lee's is a high risk approach to investing, that won't be suitable for everyone. Here are two case studies that highlight how other investors have reached major milestones with their Isa portfolios by taking less risk and investing via managed funds. |
Posted at 05/4/2013 19:45 by fangorn2 Silchester International Investors LLP reduce to 11.39%. |
Posted at 14/1/2013 12:19 by d40eq6 Worrying if you're a trader. Opportunity if you're an investor. Unless tomorrow's IMS has some surprises in it then this looks like a chance to get back in at a good price. |
Posted at 09/1/2013 23:28 by speedsgh lupins - IMS is on 15/1/2013 - |
Posted at 02/12/2012 15:51 by johnroger Midas columnSmiths News proves that companies can transform themselves, provided they are nimble on their feet, forward thinking and led by strong managers. The price increase reflects a decision by chief executive Mark Cashmore to reduce Smiths' dependence on its core business of newspaper and magazine distribution and expand into other, more profitable areas. In 2010, Smiths bought Bertrams, a wholesaler specialising in academic and older books that are still in demand but are no longer best sellers. Particularly outstanding is the innovation introduced by Bertrams in the travel segment, where it has replaced the screens on the back of plane seats with tablets, as they are both cheaper and lighter than the former. The company had also streamlined its news distribution business to make it more effective and was a key supplier of newspapers and magazines to the airline and rail industries. Cashmore has also added another business to the group, spending £44m on The Consortium , which supplies thousands of everyday products to schools and nurseries, offices and care homes. In the year to August 31st, profits rose 23% to £47.5m and the dividend rose eight per cent to 8.6p. Analysts expect profits to increase to around £53m next year and £58m in 2014, accompanied by a steady rise in the dividend. Cashmore aims to derive 50% of Smiths' profits from books, travel and educational supplies by 2016 and he is on track. Shareholders have been well rewarded, not least because the group pays a generous dividend and should continue to do so. Existing investors should hold. New investors wanting income could also pick up a few of shares, says the Financial Mail on Sunday´s Midas column. |
Posted at 06/11/2012 17:29 by 18bt As promised a summary of my main take aways from yesterday's PI meeting with Nick Gresham as organised by Davidosh. Whilst we were given their investor presentation, the format was much more Q&A and incredibly informative:- The target of only 50% of operating from outside news by y/e 2016 assumes that News profits will be held at c £40m. So the plan is for non-news to grow from current £12.2m to £40m in 4 years. Or put another way, group operating profit is planned to grow by 11.8% compound. I would note that the consensus forecasts for 2013 only show EPS growth of 6% (OK so interest wil grow a bit, but..). - The significance of the News Intl extension has been underestimated. NI reviewed whether they should adopt the Direct to Retailer model (i.e. their own distribution) and rejected it outside London, so NWS picked up some more business as well as extending the contract. This underpins the visibility/confidenc - Bertrams has been a hugely successful acquisition and, with Dawson Books, is again underestimated as a growth division. It is seeing huge growth in ebooks and the software which allows students to rent books or access chapters is complex. It is well placed in ebooks and is therefore not totally exposed to the decline of printed books - it is not like the news division. - The Consortium operates in an interesting market with likely add-on acquisitions. 30% of the market is held by 4 Public Sector Buying Organisations i.e. local authority controlled private companies. Some of these may become available and The Consortium's purchase of a PSBO (West Mercia Supplies) just prior to acquisition by NWS, gives it a lot of experience. The market isn't that price sensitive as individual schools do not spend a huge part of their budget on consumables. They have 40,000 SKUs. - Broadly, the Group is not particularly sensitive to the economy, but much more so to social trends such as declining newspaper readership. However, they are good at forecasting this and can strip out costs if their forecasts are out. - A very interesting debate amongst those present as to leverage. A clear thought from some that it could be a good time to de-lever a bit through a placing, which would also allow some new institutions to buy in in size. Nick was non-committal and said that he had had opposing views from some shareholders and that with c£30m of free cashflow per annum and £100m of debt at year end, Net debt to EBITDA could fall to 1.1-1.2x by 2016 even allowing for some add-on acquisitions. All in all, nothing in this which led me to question the re-rating of the last few weeks. In fact, just the opposite. All IMHO and I don't believe there is anything in this which is not available to the market. |
Posted at 23/10/2012 17:54 by davidosh It will be in Cheapside, London. I think a 4pm start gives just about everyone a chance to get there and back on a cheap rail or bus ticket within the day though. Even thos working full time in London might be able to slip off for an early finish! Anyway I do these all the time and in the case of NWS I am up nearly 100% when including the dividends since my last meeting with the management so who am I to moan!?I guess you know where I am coming from...it just feels that having arranged something then management need to see there are a good few private investors showing direct interest otherwise I find they are distanced from us and more likely to do a deal later (MBO, cheap management driven merger or lowball offer)that rather hurts my investment. Not suggesting the directors here are like that at all but I have seen it so many times. |
Posted at 16/10/2012 07:33 by retsius LGNice to see a fellow investor up and about at this time. |
Posted at 09/10/2012 21:33 by speedsgh retsius - forgive my ignorance. what's the relevance of the WH Smith results to Smiths News? i see NWS interim results are due next Tues (16/10) - |
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