Synthomer Share Discussion Threads

[jaws1] 16/7/2019 14:49

Had to phone IGindex today to take up rights

[zobey] 15/7/2019 19:29

Bought in on 5/7/19. Haven't received anything about rights issue. What should I have got by now? I thought I would be able to sell the rights today. What would I get if I didn't take up issue? Seems to be very little info around.

[philanderer] 11/7/2019 10:16

Still plenty selling before SYNT goes xr monday .. nearly 300k printed so far this morning.

[philanderer] 10/7/2019 18:03

It is expected that Admission will become effective and that dealings in the New Synthomer Shares (nil paid) will commence by 8:00 am on 15 July 2019 and in the New Synthomer Shares (fully paid) by 8:00 am on 30 July 2019. The latest time and date for acceptance and payment in full for the New Synthomer Shares by holders of the Nil Paid Rights is expected to be 11:00 am on 29 July 2019. HTTPS://www.synthomer.com/fileadmin/files/ir/omnova_acquisition/Ghost%20-%20Prospectus%20%28FINAL%2010%20July%202019%29.PDF

[philanderer] 10/7/2019 17:57

Well there's definitely a big seller(s) about today.. 800,000 shares traded.

[pottsypotts] 10/7/2019 15:42

Thinking at today's price of 3.60 a share, rights issue 1 @ 2.40 for 4 owned= £3.36 a share?

[philanderer] 10/7/2019 12:29

Nobody believing that article by the look of it ;-) Chart support looks to be 350p then back 3 years to 308p

[philanderer] 10/7/2019 01:03

Synthomer: An Attractive Bull Case Following Omnova Acquisition HTTPS://seekingalpha.com/article/4274128-synthomer-attractive-bull-case-following-omnova-acquisition

[philanderer] 09/7/2019 09:15

BASF Profit Warning Drags Down Shares of Rival Chemical Makers HTTPS://www.bloomberg.com/news/articles/2019-07-08/basf-cuts-2019-outlook-citing-trade-conflict-industrial-output?cmpid=BBD070919_MKTEU&utm_medium=email&;utm_source=newsletter&utm_term=190709&utm_campaign=marketseurope

[philanderer] 09/7/2019 00:07

Moody's Affirms Synthomer's Ba2 Rating But Cuts Outlook To Negative (Alliance News) (Alliance News) - Moody's Investors Service on Monday affirmed the Ba2 corporate family rating of Synthomer PLC, but changed its outlook to negative from stable. "Synthomer's announced acquisition of OMNOVA Solutions Inc is a good strategic fit and improves the company's scale and geographic diversification. However, the acquisition will result in Synthomer's leverage exceeding our guidance for the Ba2 rating and we expect that the company's leverage will remain elevated until 2021," said Sven Reinke, a senior vice president & lead analyst for Synthomer. The affirmation of the Ba2 rating takes into account Synthomer's continued commitment to lowering net leverage and the company's strong historic track record of integrating acquired HTTP://www.morningstar.co.uk/uk/news/AN_1562604109531092100/moodys-affirms-synthomers-ba2-rating-but-cuts-outlook-to-negative.aspx

[philanderer] 05/7/2019 10:05

Nice dividend into the account this morning :-)

[philanderer] 04/7/2019 19:57

Good follow through today. Rights issue should go well. I'll be taking up all mine.

[philanderer] 03/7/2019 19:47

'Synthomer set for global expansion after American acquisition' HTTPS://www.sharesmagazine.co.uk/news/shares/synthomer-set-for-global-expansion-after-american-acquisition

[philanderer] 03/7/2019 14:19

...or maybe not ;-) Anyway, Peel Hunt reiterates 'buy'

[philanderer] 03/7/2019 12:18

This morning's analyst and investor presentation looks to have gone well :-)

[pottsypotts] 03/7/2019 09:44

1 for 4 shares you already own at £2.40 market recovered in a positive fashion already today, have people decided it's not a bad move? Or those sneaky MM playing games again

[kinwah] 03/7/2019 09:22

We all knew SYNT was about to buy something but not the actual business they were buying. This deal is bigger than I expected but it looks good. SYNT will be over £5 in 2 years time.

[philanderer] 03/7/2019 08:17

Looks like a fair few knew in advance about this news.

[kinwah] 03/7/2019 07:33

Well there's the deal we were waiting for. Good news but unfortunately they are issuing quite a bit of stock to pay for it. The shares might see some further weakness but they are a terrific buy on a 2 year view. I'll be taking up my rights.

[philanderer] 02/7/2019 10:12

This is the poorest performer in my lot. Hopefully chart support at 357p and if that goes 348p the next stop.

[philanderer] 02/7/2019 09:47

Don't know if any of our stuff is included.. 'U.S. Proposes More Tariffs on EU Goods' https://www.bloomberg.com/news/articles/2019-07-01/u-s-proposes-more-tariffs-on-eu-goods-in-airbus-boeing-dispute?cmpid=BBD070219_MKTEU&utm_medium=email&;utm_source=newsletter&utm_term=190702&utm_campaign=marketseurope

[philanderer] 01/7/2019 17:27

1 million+ traded UT: 137k @ 369.4p

[philanderer] 01/7/2019 11:58

Looks like there may be a largish seller around. Any sign of strength and it's knocked back.

[philanderer] 27/6/2019 09:03

27th june Peel Hunt 'buy' tp 500p cut from 515p

[gilesy] 05/6/2019 09:43

bought in today at 3.67 plenty of upside here in my view plus a good dividend