Synthomer Share Discussion Threads

[texaspete2] 06/12/2021 09:16

No significant movement elsewhere in the sector, if anything they are mostly up today. I have noted the lack of a q3 trading update, was one in October last year

[clanger66] 06/12/2021 09:11

Morgan Stanley cut to underweight could be responsible.

[kevph] 06/12/2021 09:07

No idea. Anyone in this sector reporting?

[capitol2] 06/12/2021 09:07

After wording past week with gdr rns on when next news on new fast covid test expect more blue .

[madjak] 06/12/2021 08:47

Why the 9% fall? Can find nothing, no RNS.

[ppreston1] 15/11/2021 09:23

Thanks podgyted. Agreed not much substance to that trading update. I guess will have to do for now.

[podgyted] 13/11/2021 15:38

Don't think we're going to get a separate one - in October for last 2 years.

This was included in the October acquisition RNS:-

"5. Current Trading Update

Since Synthomer's reported Interim Results on 5th August 2021, underlying demand has remained strong in line with management expectations

· The Movement Control Order in Malaysia was implemented to restrict the impact of COVID-19, leading to reduced customer utilisation and demand.

· Action to offset raw material inflation coupled with the continued benefits from OMNOVA, investment in new capacity and ongoing efficiency measures has underpinned performance.

· Consequently, Synthomer's outlook for the full year remains unchanged with FY 2021 EBITDA expected to be in excess of £500m.

Looking ahead, the Group continues to expect Performance Elastomers to normalise in Q1 2022 as the impact of the COVID-19 pandemic reduces and incremental market capacity comes online.

The Board is confident that the business model provides differentiation and increasing specialisation and the Group's strong balance sheet is expected to support continued inorganic and organic growth in due course."

Bit short on detail, but I guess that's yer update.

[ppreston1] 11/11/2021 08:31

Anyone know when the Q3 trading update is due? Thanks.

[james dean] 04/11/2021 18:45

Another good day for the wife when her dividend arrived this morning.

[nerja] 29/10/2021 14:50

Interactive investors winter list,

Lio, Safe, Xpp, Hlma, Adm, Synt, SXs, Hils,

It’s performed very well over the last 8 winters

[thorpematt] 28/10/2021 10:45

I recently bought in here. I thought it looked very solid and far too cheap on any measure. The chart appeared to read oversold to me too.

The market obviously likes the aquisition despite the fundraising.

[kinwah] 28/10/2021 09:31

Historically SYNT's acquisitions have always provided a boost to earnings in the medium term. The timing looks good as the nitrile super profits will be coming to an end fairly soon. I can see the shares hitting £6 some time next year.

[madjak] 28/10/2021 07:17

Acquisition

http://otp.investis.com/generic/regulatory-story.aspx?cid=476&newsid=1521273

Share Placing

http://otp.investis.com/generic/regulatory-story.aspx?cid=476&newsid=1521275

[scooper72] 07/9/2021 13:43

Why is it not a surprise?

[philanderer] 07/9/2021 13:16

Strike

HTTPS://actu.fr/normandie/sandouville_76660/nouveau-debrayage-de-plusieurs-dizaines-de-salaries-de-synthomer-pres-du-havre_44594676.html

[login] 23/8/2021 18:59

Hound partners have increased their short. Not surprising really

[philanderer] 23/8/2021 10:15

UBS RAISES SYNTHOMER PRICE TARGET TO 550 (530) PENCE - 'NEUTRAL'

[rbewes] 09/8/2021 19:17

Your wife has a big future unless taken out by a predator?

[james dean] 09/8/2021 18:11

p

so is the wife I'm pleased to say.
.

[cardinal3] 09/8/2021 17:14

Brilliant results and positive forecast. Also note the deleveraging which gives scope for investment/acquisitions. I think this is a company which has a big future unless taken out by a predator.

[philanderer] 06/8/2021 20:00

Agree maurice, holding on to all mine.