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Share Name Share Symbol Market Type Share ISIN Share Description
Synthomer Plc LSE:SYNT London Ordinary Share GB0009887422 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.60 4.25% 162.00 163.00 163.20 164.40 156.00 156.00 1,729,279 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 2,329.5 283.9 48.3 3.4 757

Synthomer Share Discussion Threads

Showing 1201 to 1219 of 1225 messages
Chat Pages: 49  48  47  46  45  44  43  42  41  40  39  38  Older
DateSubjectAuthorDiscuss
31/1/2023
13:34
still well priced for a cheap take over!
my retirement fund
31/1/2023
12:55
Yeah on a soft day too it's done well.

Maybe we can draw a line under 145 and push on??

tuftymatt
31/1/2023
12:03
Well bit of a dip but no heavy selling, so all well…

WJ.

w1ndjammer
31/1/2023
08:05
174p/140p auction, maybe come out 158p?
hamhamham1
31/1/2023
07:56
I agree that most of the "bad news" is priced in and while I expect it to fall today I think long term it will play out and 200 could be seen later this year.

Good luck all 👍🏻

tuftymatt
31/1/2023
07:55
Yes I agree hamham patience is key
brianblu
31/1/2023
07:42
I think its relatively good.
Ebitda of 265m, upto 150m in cost savings, 198m from sale, overall that should reduce net debt, and with china coming alive, think this will do just fine.
Am here on a 3yr hold roughly, my target is 5 quid, say what you want, that's my target, and personally I think that it will be bought in 12-18 months for 4+ quid, but hey let's see.

hamhamham1
31/1/2023
07:29
Not a great outlook statement. Suggest more weaknesses going forward. Not sure if the share price doubling since Oct supports a recovery story yet.
source
31/1/2023
07:15
Not much to get excited about there.

Assume though the market has already priced in the worst? Covid low was 204p compared to the 154p we're at now.

archy147
31/1/2023
07:09
31 January 2023

Synthomer plc
Post-close update for the year ended 31 December 2022

Synthomer plc ('Synthomer' or the 'Group') today announces full year 2022 revenue of £2.6bn and expected underlying EBITDA in the range of £262-268m, consistent with the Board's expectations as set out in mid-December 2022 and company-compiled consensus of £268m1. As anticipated, net debt was just over £1bn as at 31 December 2022.

The deterioration in macroeconomic conditions through the second half of 2022 reduced demand in Synthomer's construction and coatings end markets, as previously indicated. This was most pronounced in the Group's European businesses, but Synthomer's operations outside Europe including its Adhesives division were also affected in the last quarter of the year. As previously indicated, whilst underlying end market demand for medical gloves remains robust, the Group does not expect the current period of destocking, and hence low nitrile butadiene rubber (NBR) production levels, to abate before the end of 2023.

Synthomer is making good progress on its plan to deliver cash savings of between £150m and £200m by the of end 2023 from strategic initiatives and operational actions to reduce costs, capital expenditure and working capital, with year end inventory levels for example reduced by c.£80m or c.16% for the continuing Group versus 30 June 2022.

The Group's divestment of its Laminates, Films and Coated Fabrics business is on track to complete in Q1 2023 following shareholder approval, with the net proceeds of c.US$245m (c.£198m) to be used to reduce debt. Discussions are progressing with the Group's banking syndicate to extend the duration of Synthomer's core financing arrangements.

Synthomer will update the market further when it reports Full Year 2022 results on Tuesday 28 March 2023.

hamhamham1
12/1/2023
11:02
Thanks a lot Tufty !
fuji99
11/1/2023
16:52
A good day after yesterday and I wasn't brave enough to buy more at the start though.

fuji, please see below.


Expected timetable


-- The Proposed Transaction constitutes a Class 1 transaction for the purposes of the Listing
Rules, and therefore requires the approval of Synthomer's shareholders. A circular containing
further details of the Proposed Transaction and a notice convening a general meeting of Synthomer
will be sent to Synthomer's shareholders in due course
-- The Proposed Transaction will also be conditional on certain regulatory approvals, customary
closing conditions and certain other conditions
-- Assuming satisfaction or waiver of all conditions to the Proposed Transaction, Completion
is expected to occur in Q1 2023

tuftymatt
11/1/2023
16:50
Any progress on the proposed Sale of Laminates, Films & Coated Fabrics ? Is the deal done ? If not gone ahead, any effects on the share price ?
fuji99
10/1/2023
17:54
General negative sentiment out there I think.

Nothing specific to SYNT in my opinion and hopefully it proves to be a chance for a small top up.

tuftymatt
10/1/2023
17:22
Just usual peaks and troughs. Looking at the chart there might be a pullback to 135-140 region
johndoe23
06/1/2023
18:53
It will ;)
hamhamham1
06/1/2023
15:50
Getting very close to a breakout here.
bigbigdave
04/1/2023
18:05
Have you seen who is stake building here ;)
hamhamham1
02/1/2023
09:22
The above link was written almost 2 years ago. Don't get me wrong as a bid or interest of one would be great but that's old news.
tuftymatt
Chat Pages: 49  48  47  46  45  44  43  42  41  40  39  38  Older
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