Smiths News Share Discussion Threads

[edmundshaw] 28/11/2024 12:47

There are no perfect rules. You really need to look at the company ion detail: prospects, debt, profitability, moats, management; and of course changes in these (so management change can be neutral or disappointing, ro, as here, really positive). For every trading "pearl of wisdom", there is an equal and opposite risk. There is no free lunch...

[1knocker] 28/11/2024 12:04

Roll on the next dividend.
I am up 98% here (plus dividends banked to date), so the divi is a pretty good return on my capital.

Cash cow companies which kill the golden goose very seldom manage to resuscitate it so I very nearly gave this a miss when it was sub 30, and sold some at 40, only to end up buying some back at 57 this year.

It is irritating to have ended up buying back shares at 57 which I sold at 40, but if I am honest I was lucky as I very nearly passed up buying, and having taken a punt and bought at a tad under 30 I came within an ace of selling out the lot at 40 for what then seemed a very respectable profit.

There is a hell of a lot of luck in this game. It is all very well saying 'run your winners', but I have seen the air come out of so many winners and wished I had quit when I was ahead!

[sphere25] 25/11/2024 12:46

Nibbled a few more here.

Groundhog Day.

Almost the same thing here everyday, keeps pinging off particular price points on both sides. That chart range is so tight since the results on the 5th November. You would think that a breakout could be quite fierce.

I don't know how much selling needs to be mopped up here. A hell of alot has been taken up by buyers.

Looking at the book today and wondering where that big seller at 61.8p has gone. There is usually a 20k iceberg there preventing the breakout higher above 62p.

Are they having a lay in?

Luring a few buyers in to then smash the bid back down to the bottom of the chart range?

Or are they done to allow that break above 62p?

The book is as well bid as it has been at the moment at 61.8p-62.4p. This is one of those moments where you sit and wonder if there is a lazy late seller to come in and ruin any optimism (they have had all morning to smash the price back down) or the breakout is about to happen.

What a tease.

12:49 EDIT Price now 62p-62.6p. We need to take control of 62p. Let the battle commence!

All imo
DYOR

UPDATE 26/11 08:19 The 20k seller at 61.8p came in late in the day but has decided to turn up on the book nice and early at 07:51 today. It is all fun and games in the market!

UPDATE 26/11 10:20 I think the full order size of that 20k iceberg was 480k in the auction yesterday, but unsure if that is the whole order, or whether they let that fill and come in with more, but the market is having a go today at chewing through it. Really need the buying to pick up. Come on, show us some ooomph and buy through it to allow the break out.

UPDATE 27/11 09:43 Relentless selling continues with more blocks being sold at 60.8p this morning with prints of 798k, 500k and 300k. Relentless buying continues too of course, but you'd have thought with all this mopping up (well above historic norms of volume), that it might have broken higher by now. Still a stalemate with the price at 61p.

[royaloak] 19/11/2024 16:38

Looked better going into Auction than for several days.

[rolo7] 19/11/2024 13:08

https://www.smithsnews.co.uk/investor-zone/investors/research/

[rolo7] 19/11/2024 13:06

Edison note on snws website target price 94p and 27p of dividends possible before end 2028.

[yasrub] 15/11/2024 17:19

Will be interesting who has accumulated

[fenners66] 15/11/2024 17:11

Perhaps the buyer knows something more than the seller...

[tourist2020] 15/11/2024 16:12

... and 5 million were acquired!

[stevensupertrader] 15/11/2024 14:43

Over 5 millions shares sold today just in the last hour two chunks of over 2.5 millions were simultaneously sold one after another - this not looking good .
The seller (s) know something more than the management imo

[sphere25] 15/11/2024 13:23

Had a little nibble, and watching these blocks getting mopped up, almost on a daily basis. At least two funds buying in size and two lots of 2.66m prints hitting the book just now at 61p.

Clearly those buyers are sat from 60.4p-61p on the bid trying to exhaust these sellers to allow that breakout above 62p. That iceberg seller has been persistent on the offer working down from 61.8-to 61p.

So we're still a stalemate, but these blocks are interesting, and just sat wondering if the sellers are close to being exhausted. Can't see that 20k iceberg seller on the book today.

Come on, just lob a few whoppers and breakout!

All imo
DYOR

[outsizeclothes.com] 14/11/2024 21:50

Todays news of Bunting's dealings put his divorce funding sale in perspective.
He's still holding an extra 500k+ shares in the Company now over what he had immediately after the (divorce) sale, so much less of a 'sell-out' than the doomsayers had painted a couple of days ago.

[mellodaniel] 13/11/2024 11:03

You will both be missed but glad you managed to tune in to our Mello Monday show the other day!

[melody9999] 12/11/2024 18:37

Hi Daniel - would defo be at Mello if I was not in South Africa at present!

Great event for getting to know companies and management.

[martin44] 12/11/2024 15:06

Mello Monday event was useful and reaffirmed all the positive signs for Smiths News- Bread today even a little butter now and Jam still to come!

[norbert colon] 12/11/2024 12:25

I Daniel - I'd like to and very much enjoyed the original Derby Mello but I think it's unlikely due to other family and work commitments unfortunately

[mellodaniel] 12/11/2024 10:55

Hi Norbert, Melody

Will you both be joining us in Derby for the Mello in-person conference? Smiths News will be there on the Wednesday alongside 20 other top quality companies.

Hope to see you there and at the Smiths News presentation!

[norbert colon] 12/11/2024 08:51

Very encouraging further detail on the growth opportunities, particularly recycling. Looks like some material opportunities here.Jon also reaffirmed the situation behind his recent sale of shares and noted his financial and emotional commitment to the business given his 30yr tenure.

[melody9999] 12/11/2024 06:12

Missed the Mello event last night. Any feedback?

[mellodaniel] 11/11/2024 13:26

FYI... Smiths News will be with us tonight presenting on our Mello Monday show.

They will also be in Derby to present to investors at Mello 10th Anniversary show on Wednesday 20th November.
Get yourself a ticket and join us in Derby:
Wednesday 20th November 2024, 9.00am – 7.00pm
The Derby Conference Centre, London Road, Derby, Derbyshire DE24 8UX
We even have a discount code for 50% off: MMTADVFN50


The code will also give you 50% off tonights show:

[norbert colon] 08/11/2024 13:34

https://en.forumgruppe.de/uber-uns/values

[norbert colon] 08/11/2024 13:29

Back in 2019 they declared 5.8% - i recall looking at them back then. Interesting criteria for investments.

[davidosh] 08/11/2024 13:16

marktime1231....He will have been in a closed period for months. Ask his ex wifes lawyer how much time was still available. Divorces are not easy. I am sure that the CEO will explain as much as he can do

[marktime1231] 08/11/2024 12:45

No divorce settlement is so urgent, what it really means is profit taking rather than waiting for the dividend and slump.