Smurfit Kappa Share Discussion Threads

[philanderer] 23/2/2017 09:17

Schroders below 3%

[brain smiley] 23/2/2017 08:46

Price upgrade today from Deutsche Bank ...2460 from 2300.

[moorsie2] 23/2/2017 08:10

Mondi results out this morning - confirming that kraft and containerboard increases have been fully implemented. This news will provide a good boost to the SKG share price today.

[moorsie2] 22/2/2017 16:41

I don't agree

This share trades on average over 600k shares per day

Yesterday it traded less than 200k shares

Today just slightly over 270k shares

- Rather than lots of sellers what we see is a slow down in buyers and also possibly even sellers. At times like this MMs walk down the price to shake out weak holders and to get to a price point to restart interest again in buying. This is how margin's are worked and profit made by MMs

Better to look at the cumulative share price movement over a couple of months than days..

[philanderer] 22/2/2017 15:11

Plenty of sellers about again today ; profits to be taken from the last couple of months I suppose.

[moorsie2] 17/2/2017 12:57

The company at £22 per share has a market cap of 5.2bn and debt of 2.9bn so an enterprise value 8.1bn

Ebitda at 1.3bn gives a trading multiple of 6.25 times. This is very cheap for a FTSE100 company with a track history of strong cash generation and improving ebitda.

7.5 or 8 times ebitda would be more normal. 8 times would be a 45% increase in share price from here. You can see why the share price is steadily rising! Add to that a pricing increase environment and I am very very bullish on this share

[philanderer] 17/2/2017 10:22

february 17th

Beverages Carriers Market: Being a Light Weight Packaging Solution is a Major Factor Expected to Fuel Demand for Beverages Carriers


........Beverages Carriers Market: Key Players

Some of the key players in the global beverages carriers market are Smurfit Kappa Group, Optopack Ltd., CDF Corporation, TPS Rental Systems Ltd, Scholle IPN, etc.

[philanderer] 16/2/2017 23:34

"..Packaging group Smurfit Kappa was up 1 per cent to €25.80 on positive pricing numbers out of Germany and increased prices from peers."

[philanderer] 16/2/2017 20:53

'Bag-in-box bulk water debuts in U.S.'


Water Event wants water to take its place among wine, tea and other beverages that come in bag-in-box packaging.

The Carrollton, TX, company distributes AquaViBox water in 10-, 15- and 20-liter single-use packages that comprise a corrugated outer box with an ethylene vinyl alcohol (EVOH) bag. The water tap, branded Vitop, is supplied and converted along with the rest of the bag components by Smurfit Kappa.

Dave Clark, business development manager of Water Event, says Smurfit Kappa was a natural partner for a strategic alliance because it has made beverage bag-in-box packages for more than 10 years for distribution outside the United States. Clark says water has been sold in bulk bag-in-box for years in Europe, China, Australia and South Africa.

In addition to converting the package, Smurfit Kappa contributed a significant advance to the product’s viability: an adapter that allows AquaViBox to be used in almost all water coolers. The adapter was ready for the market in 2015, and Water Event launched AquaViBox in September 2016, the first commercial launch of bag-in-box water in the United States, according to Clark.

[philanderer] 16/2/2017 12:37

Added a few this morning.



Smurfit Kappa announces 90% chain of custody certification for packaging

[philanderer] 15/2/2017 23:47

Market report:

...International packaging group Smurfit Kappa climbed 1.15 per cent to €25.545 on signs that its industry is increasing prices.

[philanderer] 13/2/2017 20:29

Smurfit Kappa merges two Dutch pension funds

[philanderer] 13/2/2017 20:22

Here`s what they do..

[philanderer] 13/2/2017 20:19

Smurfit Kappa : expands its Bag-in-Box® business in Europe

02/13/2017 | 06:53pm CET
14 February 2016​

Smurfit Kappa announces the agreement to purchase the company Litbag, in order to reinforce its position in Southern Europe.

Litbag has specific expertise in multi-layer EVOH barrier films which offer the advantage of extended product shelf life. Today it is one of the leaders in the Portuguese wine market exporting to several countries including Spain and France.

The acquisition of this dynamic company will enable Smurfit Kappa Bag-in-Box® to reinforce its position in Southern Europe and confirm its leadership in the wine sector.

'The Bag-in-Box® business continues to show significant potential for our Group. We are excited to develop our global footprint further and we see great opportunities for our Bag-in-Box® business on a world-wide scale in the years ahead,' said Roberto Villaquiran, CEO Smurfit Kappa Europe.

'Litbag is a dynamic company with a strong track record in innovation and market development. Product differentiators like their film performance and our VITOP tap technology will significantly strengthen our capabilities when they come together,' said Thierry Minaud, CEO of Smurfit Kappa Bag-in-Box®.

'We are excited to join forces with Litbag and strengthen our Iberian presence under the leadership of Pascual Martinez, General Manager for this region.'

[soundbuy] 13/2/2017 11:29

FTSE 100 Co. but feels under the radar........happy holding.....and adding.......

[moorsie2] 13/2/2017 09:56

This week will be an interesting test.

If the week finishes up then it bodes very well.

I for one believe there is significant value not factored in here yet so would be surprised if it does not finish a few percent up by close on Friday.

However if not then I will seek to add on any dips

[philanderer] 09/2/2017 17:11

Yep, good end to the day.

800k traded today , couple more large sells printed after the close from trades earlier in the day ... 50k and 39k and a couple of 9k`s . May get a RNS holding in the next few days.

[moorsie2] 09/2/2017 16:42

Strong last half hour looks like the classic shake out pattern.

I expect a rebound from these levels

[philanderer] 09/2/2017 13:30

It doesn`'t look like 2100p will hold today , a few large sells from earlier getting printed now..

14k and 2 x 7.5k just shown

plus a 50k

[brain smiley] 09/2/2017 12:51

Good point Moorsie.According to the results around 25% of profit comes from the Americas.Lets hope Trump is sensible.

[moorsie2] 09/2/2017 12:38

Very little trading volumes today so not a lot of profit taking. Just a bit of a shake out of people who take positions before results.

Then valuation gap long predates Trump's utterances so the answer to that question is it has no affect what so ever.

[brain smiley] 09/2/2017 11:36

Wonder how much Trump's proposed border tax /NAFTA renegiotations will affect SKG?Maybe this is why it trades on 11.6 PE.

[philanderer] 09/2/2017 11:26

Well this is a bit disappointing.

Profit taking I suppose.


"Analysts were mixed in their views of the Smurfit Kappa results".

"Merrion Private said results were “somewhat disappointing” but the outlook was positive, while Davy said the 20% final dividend increase reflected confidence in the sector’s outlook.

“Smurfit Kappa’s outlook commentary should result in the recently announced price increases being successful. This will likely result in upside to earnings and cash flow forecasts,” said Davy.

[philanderer] 09/2/2017 08:42

9th feb Jefferies retains 'hold' tp 2310p up from 2080p

[philanderer] 08/2/2017 16:10

Smurfit: CEO Sees No indication Of Global Trade Tariffs Yet




Mr Smurfit told analysts on Wednesday that further price rises may be needed to offset increased input costs.....He also indicated an investment in kraftliner capacity in the US was “something we might address in future” with the company currently having to buy in product to meet demand.

Gerard Moore of Investec Securities said the dividend hike was a “positive surprise”.