Smurfit Kappa Share Discussion Threads

[soundbuy] 04/5/2017 16:32

Fair head of steam ahead of Q1 numbers 2moro.....

[philanderer] 03/5/2017 13:45

Some buying today ahead of friday's numbers.

[moorsie2] 28/4/2017 11:29

Three major brokers with buys and price targets of 24.25 to 24.80 on the shareprice for the next 12 months

Good entry point now for new investors for a 15%+ return....

24 Apr 17 Goldman Sachs Buy 2,074.50 2500.00 2425.00 Reiterates
02 Mar 17 Jefferies International Buy 2,074.50 2310.00 2480.00 Upgrades
23 Feb 17 Deutsche Bank Buy 2,074.50 2300.00 2460.00 Retains

[philanderer] 27/4/2017 17:15

Smurfit Kappa‏ @smurfitkappa 6 hours ago

Proud to announce the opening of our new #packaging Experience Centre in Madrid, Spain

[philanderer] 27/4/2017 13:26

Guinness and Ryanair named among most valuable Irish brands

Brand Finance ranking also includes AIB, DCC, BoI, Smurfit, Jameson and Kingspan

[philanderer] 24/4/2017 23:38

Kent depot complements Smurfit Kappa mill investment

[moorsie2] 24/4/2017 15:26

I will be surprised if we do not see 22 by the end of this week

And then some more next week - 2270

[soundbuy] 24/4/2017 12:04

Jefferies (H/T FT AV)

Testliner and kraftliner grind higher: Since our last Packaging Wrap on March 27, Benchmark European testliner and kraftliner prices continued to grind higher, posting 2% and 3% gains respectively. Since Jan 2017 trough: testliner has risen €56/t (13%) with kraftliner up €44/t (8%). Success in initial round of 2017 price hikes combined with strong market demand and rising raw material costs (OCC), prompted leading European containerboard producers (SKG, SMDS, MNDI) to announce a second round of hikes: targeting €40/t for testliner from April 3 and €50/t for kraftliner from May onwards.



OCC easing as China exports decline: China has started a “National Sword” program aimed at improving quality of imported materials leading to closer inspections and rejections of recovered paper & boxes. Benchmark imported Chinese OCC prices have fallen 15%-20% over past month (Source: RISI). With up to 20% of European OCC exported to Asia, this decline has seen European OCC prices ease 3% in past fortnight. Obviously; this may impact on-going negotiations on second round of European containerboard hikes [€40/t for testliner, €50/t for kraftliner]. We look to Smurfit Kappa May 5 Q1 results for an update on current price negotiations.

[soundbuy] 24/4/2017 11:35

Going guns....and a near 3% divi last week.....

[moorsie2] 24/4/2017 10:00

we should have quite a good 9-10 days here before the AGM and 1st quarter results on 5th May. (as predicted o Friday!)

[redartbmud] 24/4/2017 09:30

'Sucks' doesn't it, Goldman always raining on my parade.
$24.25 would be a result.

[moorsie2] 24/4/2017 09:12

I would settle for 24.25! :)

[redartbmud] 24/4/2017 09:11

Nice dividend in the pipeline too :-)

[redartbmud] 24/4/2017 09:09

Morning phil, it is the same for me ;-)

Onwards and upwards, until Trumpville comes out with a curved ball?

[philanderer] 24/4/2017 08:54

Morning red , best riser for me this morning :-)


Goldmans retaining 'buy' ... target cut from 2500p to 2425p

[redartbmud] 24/4/2017 08:28

Yes indeed ;-)

[philanderer] 23/4/2017 23:17

Macron relief rally tomorrow ;-)

[redartbmud] 21/4/2017 20:19

It still needs to recover some ground before I get to break even.

[philanderer] 21/4/2017 17:22

Not too bad a week for SKG considering.

Taking account of the xd just -29p for the seven days, with FTSE100 -3%

Portfolio taking a bit of a whack but off it's worst at -0.9% for the week

[moorsie2] 21/4/2017 11:12

I now expect a bounce back here now that it has gone Ex Div and the results less than 10 days away.

[soundbuy] 20/4/2017 07:31

2.43% ex-divi today....

[philanderer] 19/4/2017 13:21

Afternoon EI , I`m grateful for my few 'domestics' again today , just about holding the portfolio together :-)


SKG goes xd tomorrow morning for the 57.6 cent per share dividend

[essentialinvestor] 19/4/2017 12:56

phil, UK domestic plays getting support atm as per MKS, LLOY etc.

Adding some GSK as a LLOY hedge, however my LLOY holding significantly larger.