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SYNT Synthomer Plc

163.80
4.80 (3.02%)
21 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Synthomer Plc LSE:SYNT London Ordinary Share GB00BNTVWJ75 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.80 3.02% 163.80 162.40 164.00 162.80 157.00 160.00 334,402 16:35:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chemicals & Chem Preps, Nec 2.02B -67M -0.4096 -3.97 260.07M
Synthomer Plc is listed in the Chemicals & Chem Preps sector of the London Stock Exchange with ticker SYNT. The last closing price for Synthomer was 159p. Over the last year, Synthomer shares have traded in a share price range of 118.00p to 336.00p.

Synthomer currently has 163,567,621 shares in issue. The market capitalisation of Synthomer is £260.07 million. Synthomer has a price to earnings ratio (PE ratio) of -3.97.

Synthomer Share Discussion Threads

Showing 1451 to 1473 of 1725 messages
Chat Pages: 69  68  67  66  65  64  63  62  61  60  59  58  Older
DateSubjectAuthorDiscuss
09/10/2023
14:11
Well of course, 1knocker - any share can go to zero. But there is the small matter of a £2.2bn+ revenue company here, that has some pretty good market positions. Yes - £580m net debt appears high in the context of current ebitda, but they don't have to achieve much from the £150m base this year to get below 3x net debt:ebitda. I think management have been appalling and I can't believe the company hasn't replaced all those responsible - absolutely mind blowing - but an awful lot is now in the price and balance sheet has been materially repaired.
wigwammer
09/10/2023
13:45
Rights raising £276m. Existing equity now worth less than £50m!

As long as they stay above 200p the underwriters should be safe and won't have to buy them. Friday morning will be interesting.

typo56
09/10/2023
13:39
Wig, there is no price so low it cannot fall !
Any recovery is going to be slow and subject to setbacks. The company is going to be strapped for cash even with the new capital. The rights issue was left far too long. It was obvious (unfortunately only in retrospect to me, though it should have been clear much sooner to the BoD) that new capital was required, and the time to raise it was before the company was teetering on the brink.
I sold my rights. Something recovered from the wreck, anyway.

1knocker
09/10/2023
13:05
I'm amazed shareholders put up with this management, shareholders own the company, directors just manage the company, very badly in this case.
montyhedge
09/10/2023
08:50
Yes it was aimed at you tufty. Don't blame you to be honest.....equally as wig suggests there is plenty of cyclical recovery potential.
The Chairwoman should be forced out. Sacking a Chair is done by the institutional holders or occasionally by all the other execs and non execs in combination suggesting it is time to fall on your sword.

meijiman
09/10/2023
08:33
Fingers crossed, the shares are so low now that they can't go a lot lower. Surely even a group of primary school kids armed with a box of crayons could achieve some sort of recovery from here. No doubt in years to come, our erstwhile chairman will be crowing about the incredible recovery she engineered, makes you feel sick really :(
wigwammer
09/10/2023
08:30
meijiman, no chance if your question was aimed at me.

I would sooner wait and see a management change / signs of recovery and then buy on the open market.

tuftymatt
09/10/2023
08:12
Are you taking up your rights entitlement?
meijiman
09/10/2023
07:57
Agree totally.
The purchase price I have paid here is well under 1% of my total portfolio value but even so I am fuming at how bad it's been run.
Pointless selling now for a few pence on the pound back so I will sit tight but use it as a lesson so hopefully I don't get sucked into another value / divi trap!!

Good luck all 👍🏻

tuftymatt
09/10/2023
07:54
it used to be a safe as houses sort of company...even more so in the Yule Catto days.
The lunatics have taken over the asylum here. The departing ceo ran the company like a drunken gambler. Foolish Chairwoman couldn't see or understand what was going on.

meijiman
09/10/2023
07:50
It is one of the most incredible destructions of wealth in a company of this calibre in this sector. I should think if you had replaced the board and directors with primary school children for a few years, they wouldn't have done a better job of managing the business.
my retirement fund
09/10/2023
07:22
Beginning to look like most of the rights will be left with u/w's. An 80% overhang will weigh on the share for a long time.
ursus
06/10/2023
19:09
Positive to see the Chairman buying the rights. Slightly sickening to see how little she had invested prior to blowing the balance sheet and the shares up though. Her impact on shareholder value since taking the role in 2020 has been nothing short of abysmal, and she remains one of the only senior management to retain a position.
wigwammer
05/10/2023
14:12
Which represents 1.67% in terms of SYNT shares in issue at the end of next week. Won't even be a notifiable interest.
typo56
05/10/2023
13:02
Jupiter just increased again ...now 11.67% ....
mrminister
03/10/2023
06:45
That's 6% of the current SYNT shares, which will be less than 1% of SYNT in a couple of weeks time, unless they take up the rights.

However, given the timing of the declaration, it may be the shares were bought ex-rights, so won't have rights entitlement.

typo56
02/10/2023
13:36
Jupiter took over 6% on Friday
babbler
02/10/2023
08:39
I’ve sold my shares in this, in my opinion, rubbish company.
johnsoho
02/10/2023
07:55
Glad sold last week & bought WJG & GATC
blackhorse23
29/9/2023
13:20
At this rate of decay the share price will quickly become a penny share again.
fuji99
29/9/2023
12:47
What a month on here !!.... a right lemon ...only a bad pandemic can save em now I recon
mrminister
29/9/2023
10:30
Yes, but really you should include the value of the SYNN nil paid rights shares (more of the value of holding went into the rights). It's about 25p if you include them.
typo56
28/9/2023
15:43
Is this now down to 12.5p in old money?
geniechem
Chat Pages: 69  68  67  66  65  64  63  62  61  60  59  58  Older

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