Smiths News Share Discussion Threads

[this_is_me] 08/11/2023 08:25

That is what we want to hear from a big dividend payer. A well run company, dividend likely to be maintained in future, reduction in debt and interest payments and some add on opportunities being carefully tested and developed and no surprises.

[elsa7878] 08/11/2023 08:21

The Board is proposing a final dividend of 2.75p per share (FY2022: 2.75p), taking the full period dividend to 4.15p (FY2022: 4.15p). The dividend recommendation represents the maximum permissible sum that can be paid under the distribution cap limits within our banking arrangements,

[hillock1] 08/11/2023 07:43

Totally agree..the company should be in a net cash position soon, given the strong cash flow..I wish the company will consider to increase dividend payout Hopefully the new contracts will help to the top (revenue) and bottom (earning) line...I really appreciate the excellent work of the management

[fenners66] 08/11/2023 07:41

Yes, if they can keep on removing borrowings and get into credit earning 5% for me that would be an outcome to support growth rather than embark on another foolhardy business diversion...

[lord gnome] 08/11/2023 07:36

Solid set of numbers with no nasty surprises. Management has done well and the immediate future looks positive. The good dividends will continue and should increase substantially once the current restrictions expire. The market should like the reduction in average borrowing.Very happy to hold.

[melloteam] 02/11/2023 19:52

Just to let shareholders and prospective investors know that Smiths News will be one of the companies presenting at MelloLondon.

The event will take place at the Clayton Conference Centre, Chiswick on Wednesday 29th and Thursday 30th November, where you can expect over 700 investors, 50 Aim listed companies and 10 or so Trusts and Funds.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

For more information, visit

[retsius] 02/11/2023 10:02

Absolutely dead this morning, hoping for good news next week.

[hillock1] 30/10/2023 12:22

Presentation via Investor Meet Company Smiths News is publishing its Audited Preliminary Results for the 52 weeks ended 26 August 2023 on Wednesday, 8 November 2023 and will be presenting via the Investor Meet Company platform at 1.30pm (GMT) that day. The meeting will give existing and prospective investors the opportunity to hear management discuss the Company's Preliminary Results and will be hosted by Jonathan Bunting (CEO) and Paul Baker (CFO). The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.Investors can sign up to Investor Meet Company for free and add to meet SMITHS NEWS PLC via:https://www.investormeetcompany.com/smiths-news-plc/register-investorInvestors who already follow SMITHS NEWS PLC on the Investor Meet Company platform will automatically be invited.

[dicktrade] 24/10/2023 10:59

SP has crept up 12% in a few days !!
FY figs and Final dividend news on 8/11

[santangello] 24/10/2023 00:13

Excellent news DD.

[norbert colon] 23/10/2023 19:17

Great news David well done

[davidosh] 23/10/2023 18:45

Good news....the share price now has upward momentum and only a couple of weeks to go for the final results. Most importantly they are also presenting and exhibiting at the Mello London event next month on the 29th November along with about 45 other listed companies so do come along

[royaloak] 23/10/2023 15:58

True price at the moment:

44.3412 / 45.3599

[santangello] 23/10/2023 15:50

ADVFN reporting my buy today as a sell.....

Looks like (using the share price as a guide), I am not the only one too ?

Final Results (8 November) starting to loom large on the horizon, and I shall also be opening a T+20 trade very soon in advance of the same.

[hotdawg] 23/10/2023 15:46

Give it a couple of weeks and hopefully it'll start moving a bit

[royaloak] 23/10/2023 15:25

Shares like Hens teeth today!

[laughton] 17/10/2023 21:38

Bit strangely worded though. Why set a value to the contract and then imply that some of that value would accrue to the customer? Surely that would have been taken into account when negotiating the contract. It doesn't make a lot of sense to me.

[this_is_me] 17/10/2023 19:53

It should be more efficient and both parties should be able to benefit.

[makinbuks] 17/10/2023 18:00

Yes, nice announcement, adds about 3% to revenue and again with visibility out to 2029. Strange wording in terms of the customer base implying that cost benefits would be passed to them rather than retained. I presume that is to do with the structure of the contracts between us and the retailers. Certainly something to enquire about at the next company presentation

[stevensupertrader] 17/10/2023 16:06

Excellent RNS and Time to load up and fill your booty

[stevensupertrader] 17/10/2023 16:03

worth not earth

[stevensupertrader] 17/10/2023 16:02

London distribution earths £27m annually , so income will increase by this amount thus the benefit to Smith News Group is the Economic of scale and will improve margin going forward .

[laughton] 17/10/2023 09:39

Mentions that it will save their customers money but not what sort of impact it will have on SNWS bottom line. It's a big contract and from what I can gather it means supplying News Int product to Smiths' existing customers - so additional costs shouldn't be that great (or will they).

Maybe there will be some analyst's commentary later today or tomorrow. If anyone sees such, can they post link please?

[this_is_me] 17/10/2023 08:53

We hold for the dividend so it is a nice bonus when there is something like today's RNS.