A bit more on the Hallmark deal:- |
Good to see my suggestion on the imc from about 12-18 months being picked up!
Next one they need to speak to supreme and see if there are any synergies they can work on. |
Good spot, hillock1. No RNS, then. A trade announcement only. A shame, as this would be welcomed by the market. Management has missed a trick. |
We are excited to announce our new collaboration with Hallmark Cards!Want to start stocking greeting cards from the global greeting card brand Hallmark? Smiths News has the opportunity to get you on your way!Benefits of this fantastic partnership include top-quality cards to celebrate every occasion delivered straight to your door, space-saving display arrangements and a high-profit margin. What's not to love?To get in on the action and find out more about adding Hallmark's range to your store, please contact our team at 03303115036, or email hallmark@smithsnews.co.uk |
It struck me at the time it was a rather naughty teaser, the listing regulator might consider it actionably improper to be heralding material news on social media, one step away from whispering rumours in a chat room, this lot at SNWS not exactly known for adherence to plain unembellished truth playing at Musk. Time for a boardroom governance slap.
On the other hand a major non-news distribution agreement which meaningfully diversifies the business and adds profitable income using existing infrastructure and resources would be a game changer. If there is something substantive we need to hear it. |
15 days now since we learned of the Linked In statement. Someone at Smiths has a more flexible understanding of 'matter of days' than I have. I expected imminent news. Clearly not the case. Ho hum. It will be a nice surprise when it happens. |
When I bought back at 28 having sold out when the company looked to be done for, I feared I might be making a big mistake - jumping back into a disaster I had got clear of. I de-risked by selling some at 40. Last year I bought two thirds of those back at 57.
Of course I regret the reduction at 40, but it is a useful reminder of how different looking forward is from looking back.
At this rate (fingers crossed) the dividends are well on the way to paying for the holding.
I am a very satisfied investor. |
Hope the company can tell us what's the deal |
Big boost to my ISA this morning. |
It looks like NewsTeam are the final mile delivery service and taking over from paper round delivery by newsagents. They deliver other items too |
I think it's unlikely for them to send chill goods as the delivery van, which mostly outsourced to third party drivers, have no adequate or suitable cooling facilities, I think..But happy and excited to see what's next |
All SNWS vans are currently "ambient" hence no chilled goods but will be interesting to see if this changes |
Good find thanks |
This sounds positive for Smiths and vice versa for Menzies:-
"Major blow to Menzies as NewsTeam Group starts delivering papers from Smiths News in Menzies areas
Millions of pounds in retail sales will pass through Smiths News rather than Menzies...."
..interesting that NewsTeam "..now also distributes goods including milk, eggs and household paper products." |
Just a thought... Delivery deal with Amazon for their Lockers could be a good fit for both parties. |
Naughty for a public company I would suggest, so probably financially immaterial but maybe strategically important |
Intriguing indeed. They have been dropping hints about leveraging their distribution network. Perhaps we are about to see the first major deal. Interesting that someone chose to let the cat out of the bag on Linked In. |
Smiths News LinkedIn page:"In just a matter of days, we can FINALLY share about our exciting new collaboration with a HUGE, household brand. Keep an eye out for an announcement coming very soon..."Intriguing! |
Good point fenner, I didn't make the association |
"Shares in newspaper publisher Reach jumped by more than 20pc on their best day for 14 years as it raised its profits forecasts for the year.
The company, which owns the Daily Mirror and Express newspapers as well as the Daily Star and a raft of regional titles, said trading in the fourth quarter of 2024 was ‘strong’."
Should be good news here too.... |
Lord Gnome we meet again sir |
Paul Scott [Paulypilot] formerly with Stocko and now with his own site with free and premium section £100pa covered this in his report - free section - this morning. The company announcement isn't yet reflected in the above RNSes. The company went XD this mrning for regular and special dividend totaling 5.4p so the fall is not as dramatic as it looks.
I recommend his site. |
Well I sold some at 67p and thought I was too early as the share price then offered almost 69p a couple of days later. Looking at add back now .... suspect the market weakness has helped the pullback. |
Looks like anyone who sold ahead of ex-div has hit the jackpot. |
SNWS AGM next Thursday (16th Jan). There will be a trading update before the AGM (assuming precedent is followed).Then at the end of Feb we have the end of the first half. |
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