Smiths News Share Discussion Threads

[norbert colon] 05/2/2024 08:02

Divi in the bank this week. Nice.

[deanowls] 03/2/2024 09:40

Looks more like a kid in a sheet dressing as a ghost which started happening around Halloween, needs a break upwards and a curve over in time for Easter, otherwise if it drops we may get a toilet bowl formation.

[lord gnome] 03/2/2024 07:17

Yes, outsizeclothes, I noticed that. I can't think of anything company specific that would cause such a drop, so it would need general market weakness to take it down - that's not impossible in the current climate.

[outsizeclothes.com] 02/2/2024 23:17

October to now.
Looking very like a "Head and Shoulders" formation.
It needs to break upwards through 52, or at least hold 46 by the end of next week.
Above 52 and it's 55 [+] target
Below 46 and it's 41, but a very solid floor chart-wise at 41.

[santangello] 31/1/2024 12:48

Well said dd, and one of the main reasons this is the 2nd largest holding in my Portfolio.I trust in the management and the possibilities for growth are quite clear i.m.h.oLooking at the valuation now before any organic growth, debt repayment etc, it looks an absolute gift for both capital and income seekers, as you get the best of both in one stock .....very rare indeed.I am grateful to my trusted friend Jeff H for kindly bringing SNWS to my attention a few years ago.

[davidosh] 31/1/2024 12:37

Very dependable and just imagine the bonus to come with any new income stream and when the bank are fully repaid in early 2025.....then the dividend can really crank upwards and the p/e of four will not be a sensible rating at all. I personally expect to see a 75p share price within 18 months so great dividends and a potential 50% equity increase too.

[hillock1] 31/1/2024 12:17

Link to Edison research on Smiths News https://www.edisongroup.com/research/on-track-to-meet-guidance-2/33184/

[this_is_me] 31/1/2024 07:44

Yes, I too am happy to just collect the dividend tax free in my ISA.

[santangello] 31/1/2024 07:15

I love a boring, reassuring update from a reliable gem like SNWS with my Corn Flakes.

Look forward to that lovely income, with plenty of room for nice share price appreciation.

[hillock1] 31/1/2024 07:06

Trading Update Smiths News (LSE: SNWS), the leading distributor of newspapers, magazines and ancillary services to retailers across the UK, today provides shareholders with an update on trading ahead of its Annual General Meeting taking place this morning. The Board is pleased to confirm trading for the year ended 31 August 2024 ("FY24") remains in line with market expectations*. As previously announced, the Company has secured contract renewals across 74% of our current publisher revenue streams to at least 2029, underpinning revenues in the medium-term, alongside continuing to secure additional national and regional contract awards. In October 2023, the Group announced it had secured contracts for the distribution of the Midlands News Association regional press titles, and for newspaper distribution of News UK titles in the Group's existing London territories. All new contracts have commenced and are fully integrated into the Group's established UK footprint. The six months to 25 February 2023 ("H1 23") benefitted from a number of one-off events that had a positive impact on sales, including the 2022 FIFA World Cup and the State Funeral of Her Majesty the Queen. We remain confident that revenues for FY24 will be in line with market expectations, but we do not envisage repeat events of this quantum falling in the six months to 24 February 2024 ("H1 24"). In line with the Group's strategy, management continues to explore and progress growth initiatives that are complementary to existing operations and leverage Smiths News' existing capabilities and expertise. Jonathan Bunting, Chief Executive Officer of Smiths News, commented: "I am pleased to confirm that 2024 has started positively, and the Group remains on track to deliver financial results in line with market expectations for the year. Whilst we are cognisant of the ongoing financial pressure on consumers and the broader macro-economic outlook, our focus remains on securing and maximising revenue opportunities in our core newspaper and magazine distribution business, whilst exploring growth initiatives in adjacent areas that leverage on our existing capabilities and market presence."

[privileged] 31/1/2024 07:03

So PE under 4.4 with 9% div yieldWould have been good to get update on debt etc but guess that'll come with the actual resultsNo reason not to have this as a core holding

[retsius] 26/1/2024 17:45

Looking for some positive comments from the AGM next Wednesday to rally the troops.
R.

[spawny100] 23/1/2024 12:32

Looking strong today. Has it been tipped recently?

[royaloak] 18/1/2024 16:37

Think some sold their shares too cheaply recently, a bit more reality this afternoon.

[lord gnome] 17/1/2024 14:59

Great spot, great idea. Leveraging all the things that they are good at. DIY growth and no risky takeover.

[santangello] 17/1/2024 13:19

Well spotted, thanks for sharing.

[hillock1] 17/1/2024 12:32

Seems they now start delivering other goods, besides newspapers and magazines https://x.com/smithsnews/status/1747563013098336381?s=46&t=kX_0o15VwSmhcP3-aiiajA

[1knocker] 15/1/2024 17:42

I am perfectly happy to see the share price slide, provided that the business does not. I guess it all depends upon whether one is looking to buy or to sell.

[retsius] 15/1/2024 17:12

Last year there was an update on the 24/01/23.

[martin44] 15/1/2024 16:46

Looking forward to a positive update!

[norbert colon] 15/1/2024 12:09

AGM on 31st Jan so i assume we may get a TU then.

[retsius] 15/1/2024 12:02

I am looking forward to the trading statement due in Jan.
Should be ‘steady as she goes’ but you can never tell.
Debt must have reduced again, looking forward to my divvy, in my ISA.

[royaloak] 15/1/2024 11:10

Current yield 8.5%.

Debt reducing rapidly, price could weaken more perhaps, a much better return than you can get in the Bank but always risks as with any share. I am happy to buy a few on weakness with a fairly long term view.

[hotdawg] 15/1/2024 10:45

Unfortunately this is true , if you want hot trading action this is not one to watch