Smiths News Share Discussion Threads

[janekane] 09/12/2012 17:58

It's not silchester as its lots more than their 30 odd millions

[markie7] 08/12/2012 17:07

could be the entire silchester stake? we know they are selling. maybe it is both sides of that?

[speedsgh] 07/12/2012 16:28

Surely that 50m trade has to be a mistake. Marked as a normal O trade. If it is correct, a single trade representing 25% of the company would be more than a vote of confidence, it would be pretty massive imo. We should find out soon enough via rns it is kosher.

[m1das_touch] 07/12/2012 15:46

That's well over 25% of the whole company...if it's a genuine trade, then it's certainly a pretty good vote of confidence.

[m1das_touch] 07/12/2012 15:43

I think you mean 50,000,000! Must be a fund manager. They bought at 161p too, bodes well for a fresh leg up I think :)

[trewsa] 07/12/2012 14:44

Hands up who just bought 50,000.

[trewsa] 07/12/2012 14:44

Hands up who just bought 50,000.

[speedsgh] 07/12/2012 14:05

My thoughts too, sportbilly. Goes ex-div 9/1 for final payment on 8/2 of 5.80p so may generate some buying interest in the run-up to that. Last year they released an IMS six days after the Jan ex-div date so we should get a steer on how the new FY is shaping up then. Throw in the possibility of the usual pre-xmas market cheer for good measure and I wouldn't be surprised to see 175-200p in the next few weeks.

Having bought in March this year NWS has done exceptionally well for me but can't currently decide whether to bank the profit or follow the 'run your winners' school of thought. Decisions, decisions...

[sportbilly1976] 07/12/2012 13:37

speedsgh,

I've just seen the FXD analysis and thought I'd coem have a read of the thread & news...very interesting potential, altohugh I'm not suggesting it could breach the gap from 2006 there certainly seems to be interest building and a good chance of a run to 200p in the near future

[speedsgh] 06/12/2012 17:52

Latest view on the chart courtesy of Fingers -

[18bt] 05/12/2012 09:37

Nice contract extension further underpinning news revenues for the next 7 years

[cestnous] 03/12/2012 10:19

Sorry Jane, beg to disagree. I got out a couple of weeks ago exactly because NWS
had imo ceased to be a growth share at its current value, unless of course they do something unusual in the future, which does not look imminent. Still an excellent share for income though.

[janekane] 02/12/2012 19:44

it is a growth share

[gswredland] 02/12/2012 19:27

Thanks John. Shame it only mentions income - would have liked some reference to it as a growth share!

[gswredland] 02/12/2012 19:27

Thanks John. Shame it only mentions income - would have liked some reference to it as a growth share!

[johnroger] 02/12/2012 15:51

Midas column

Smiths 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.

[jack ladd] 02/12/2012 14:04

I just feel rough lol....

[n3tleylucas] 01/12/2012 20:04

Always good te have a favourite poster LOL ... drink seems te be flowing down nicely since 11am ... feel almost sober lol .... hmmm

[n3tleylucas] 01/12/2012 14:33

You mean half ov 'em aren't in at all eh? just rollin' bloody t20's over LOL ... ffs eh ... no wonder one minute it's 10 then blink and it's 8 lol ... tbh I'm just reading RNS's ... new bb's are just daft atm ... more fun elsewhere :))

[jack ladd] 01/12/2012 14:26

I think you're right on both counts, derampers setting up stall to cause havoc soon and people burned by all the dusters this year lol.....

[n3tleylucas] 01/12/2012 13:23

was looking at posters of various new sites, seems a disproportionate number? you'd think we were a £200m te £1b firm!!! lol ... either folk are multi-id'ing or haven't much in eh? lol ... ffs