Share Name Share Symbol Market Type Share ISIN Share Description
Smiths News Plc LSE:SNWS London Ordinary Share GB00B17WCR61 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.75 -1.83% 40.20 39.80 40.60 42.30 39.80 41.00 452,793 11:34:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 1,164.5 14.8 -2.7 - 99

Smiths News Share Discussion Threads

Showing 76 to 100 of 100 messages
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Sharescope showing 1.625p f/c for FY
norbert colon
Things must be going rather well into the year end if they decide to spring an unexpected interim divi on us. Euro 2020 Panini stickers must be selling well :-)
lord gnome
Indicates 1.5p for full year.
Yes for anyone buying in the 30p area this equates to a circa 1.5% yield based on the interim divi alone. Should help bring income funds onboard especially with the mcap now over GBP100m too.
norbert colon
Nice little surprise this morning. Recommencement of divis.
20:01 Rupert Murdoch writes down value of The Sun to zero Pandemic hits circulation and advertising at tabloid newspaper that helped build media baron’s empire Alex Barker in London 7 hours ago Rupert Murdoch has written down the value of The Sun newspapers to zero, acknowledging the tabloid brand that helped build his global media empire has become a worthless asset. The Sun titles, whose accounts were published on Friday, suffered badly as the pandemic hit print advertising and circulation, with its turnover falling more than a fifth to £324m in the financial year to June 2020. The bleak year left News Group Newspapers, a subsidiary of Murdoch’s NewsCorp that operates The Sun and The Sun on Sunday, nursing a pre-tax loss of £201m, even after slashing its costs and marketing. The grim medium-term outlook for the print revenues, which carried the business through its heyday, forced the company to write down the asset by £84m, an impairment that left The Sun brand with zero carrying value. The estimate of The Sun’s asset value was based on the assumption that the titles, according to management estimates in the accounts, would not return to positive growth. Other one-off charges included £80m of legal costs relating to the phone hacking scandal, including £52m of fees and damages paid to civil claimants. Total legal charges amounted to £54m in 2019. The accounts mark one of the worst years in the history of The Sun, which under Murdoch became Britain’s best-selling daily newspaper, with formidable political sway and a circulation that peaked at close to 5m in the mid-1990s. After 42 years as the UK’s best-selling newspaper, The Sun lost its title to the Daily Mail last year, with its circulation — which is no longer made public — falling below 1m daily copies on average. NewsUK said The Sun’s brands reached 36.5m adults in the UK via its print titles and website. The Sun has experimented with various digital business models to try to make up for the decline of its core business, including an online paywall that it introduced for two years and then dropped in 2015. NewsUK, the operating company for Murdoch’s UK businesses, has tried to expand The Sun brand into audio, betting and gaming. “Our priority is to sustain our market-leading position as the number-one news brand in the UK by ensuring the proposition maintains its relevance for readers,” the company said in its accounts, noting The Sun Online continued to be a “key growth area”. “While adverse changes caused by Covid-19 are expected to continue impacting the company’s performance in the fiscal year 2021, the rate and magnitude of the impacts should gradually slow,” it added. NewsUK declined to comment.
Also RPS with 1.36m trade
norbert colon
Interesting activity, bizarrely all in the last few minutes: 1.61m gone through SNWS 1.42m gone through LOOK (70p is key resistance there, been stacks of sellers there) 1.05m gone through CAPD Watching to see if any whoppers follow for some potential price action. DRV too, on the back of the ST tip, someone has mopped up 325k @ 53p - irregular All imo DYOR
Very unusual price movement especially with such little volume
07:07"City sources said Mr Wilson's arrival as a shareholder in Menzies signalled plans to grow the business aggressively in the coming years."
norbert colon
Thanks Norbert
08:02 my 3rd largest holding.
norbert colon
...and now we are above GBP100m mcap there is no reason why income funds won't now be attracted to the reinstated divi with planned ramp up in distributions.
norbert colon
Yes it was a good session. Some useful Q&A and mgt came across well with a clear strategy in place and net debt hopefully coming down sooner than anticipated with GBP9m from pension wind-up plus first deferred instalment from Tuffnells disposal.
norbert colon
Yes spooky the share price bubbling now. I have just put a cheeky come-buy-me price on a quarter of my holding. Is there a transcript or headline summary?
Positive and informative presentation this morning. Management doing a good job and its the sort of story that the market likes. The shares will continue to go higher IMO.
Looking forward to the investor presentation at 10am on Monday will be really interesting to hear what the CEO and CFO have to say. You need to register for Free at hxxps:// to get your own access link
The share price has now clearly gone above the trading range that it spent most of 2019 in. This has to be a very positive sign and a steady rise to the £1 mark is a real prospect.
Many thanks for this commentary Sphere24: much appreciated. I hold both (and will continue to do so) so this is very interesting. Cheers Andrew
Further to the post last week, SNWS are trading in line and that has been enough to allow the price to breakout with the price currently at 42p. We can clearly observe the difference in technical and fundamental dynamics between shares as we keep a tabs on them. Mentioned SNWS and RCH as the two to keep a tabs on this week, citing that SNWS could break higher with an in line statement, whereas RCH would likely need an ahead statement. It has played out well with RCH breaking out (currently 232p up 5.5%) on a slightly ahead statement. I'm not as convinced RCH breaks out today on an in line statement and it would have taken longer. If we look at how the RCH shares have moved today, they have flat lined until after midday, and with the nature of the larger sellers at work (note 3 x 200k blocks in auction yesterday on the offer at 220p as well as the recent stubborn large sellers trimming), it could have taken more convincing for this break higher to happen. Seen as the upgrade is so early in the year, the market clearly believes further upgrades will follow. Just going to comment abit more on the trading dynamics there because there are still sellers lobbing in size, but observe how the price dynamic is different now. In the recent past, the bid would have got hit down from 222p down to 220p under whereas now it is rising on these large sellers i.e. bigger buyers in size willing to buy through any holders who are trimming as well as some form of cessation on the part of these sellers who have been trimming. Back to SNWS. If SNWS had posted any form of ahead statement, there is no doubt this price shoots toward 45p and then the psychological 50p. Even without that, the market has been happy to bid the price up allowing a breakout, albeit in a more gradual manner as the market gains more confidence in the earnings being hit. Possibly another in line statement come late July for SNWS? The re-rating continues on that imo though could they surprise before that with an unscheduled upside update. This is just an opinion and forming a view based on what is being seen. It could clearly be wrong but so far so good. It is all naturally dependent on wider markets too. There is all kinds of commentary out there on those but I won't bore with that. These posts end up long enough as it is just trying to cover the most apparent of things. I'm sure there are some who hold both shares. Just ignore the RCH bit if you don't. All imo DYOR
Just to let shareholders and prospective investors know that Smiths News plc will be presenting at Mello Events webinar event on Monday 10th May at 5:30pm-9:30pm. There will also be other fantastic company presentations from SmartSpace Software plc, VR Education plc and The Panoply Plc. There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions including the popular Mello BASH (Buy, Avoid, Sell or Hold). Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. Https://
If any of you have questions for the directors I am pleased to say they have accepted my invitation to appear on our Mello Monday investor next week and will do a presentation with ten minute Q&A. Here is a link to the show Https:// It is a four hour webinar so lots more than just Smiths News and we have three other companies presenting plus a cracking interview lined up looking at the business side of football and recent ESL fiasco. Also a session on 'When to sell?' There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions including the popular Mello BASH (Buy, Avoid, Sell or Hold). Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. Https://
these accounts are very difficult to assess with the Tufnells loan and surplus on the pension fund
And the balance sheet will look very good. The way it will throw cash off at that point should make it a target as it will be earnings accretive immediately to a buyer. Or the cash flow used to pay off debt in the company that takes it over !
That's still a yield of over 6% for FY22/23 which is perfectly acceptable.
norbert colon
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