Wh Smith Share Discussion Threads

[makinbuks] 10/11/2022 11:52

"Current consensus suggests an average exchange rate of GBP:USD of 1.30"

Some upside there then

[johnkidd1] 10/11/2022 10:24

PE of 36 is pretty high for a retailer, even a growth retailer. Airport retailing is the big earner, especially LHR being the most profitable but this is a little pricy given the risks..

[this_is_me] 10/11/2022 08:04

Doubled my holding first thing.

[bigbigdave] 10/11/2022 07:40

Read across to OTB, TUI, JET2, WIZZ, EZJ etc

[martin44] 10/11/2022 07:39

Fantastic final results but looks to be only the Start of lots more to come…..

[this_is_me] 10/11/2022 07:19

Huge turnaround. Revenue up to pre pandemic levels. Profit and eps hugely improved from last year's loss.

"The Group has had a strong year and is now trading ahead of 2019 levels. We continue to capitalise on multiple growth opportunities

"2022 has been a successful year for WHSmith and we enter the new financial year with the Group in its strongest ever position as a global travel retailer with multiple growth opportunities across the world.


"Our InMotion technology stores have had a very good year. We now have over 150 InMotion stores open, including 36 outside of the US. Our recently opened stores in the UK are trading ahead of our initial expectations and we have received excellent feedback from customers and landlords. We see significant scope to grow the brand globally.


"We have started the year well and, while there is economic uncertainty, travel patterns globally continue to improve and this, combined with the strength of the Group's growth opportunities, means that we are well positioned for a year of significant progress in 2023."

[faz] 30/9/2022 07:50

I presume you dont think there is an issue with the company only with the markets? ANyone holding should not sell now imo. Even if there is a market capitulation in the next week, this looks good value against its peers and given it global market, and it will bounce back.

[badg] 29/9/2022 13:30

This is a disaster. What a week!

[faz] 28/9/2022 08:49

Aprt from market fears, any other reason for this large fall?

[faz] 12/9/2022 14:34

Its where they have opened the stores. The company has a smart strategy imo. If the £ remains weak in the short term that wont harm either. I can envisage Smiths being integrated into InMotion in the UK in due course

[makinbuks] 09/9/2022 17:25

These figures look impressive particularly when you consider travel is still severely restricted (flight cancellations, rail strikes etc). But on the other hand these are not like for like comparisons and they have opened more outlets since 2019 haven't they? High street still declining but margins likely to be OK due to cost savings. Note the rent comment

[kangaroo joe] 08/9/2022 16:07

Peel Hunt have reiterated a strong buy with £23 target. Strong international growth over next 2 years or so not reflected in share price currently they think. They are winning lots of shops in travel.

[babbler] 07/9/2022 08:19

yes. Unfortunately in a down market day. Expected to see 15s but didn't happen.

[faz] 07/9/2022 07:56

Good figures today. Patience will be rewarded one hopes!

[makinbuks] 30/8/2022 10:41

Yes, I've always thought they would sell the high street eventually. in the meantime, its been an extremely well run cash cow

[ayl30] 30/8/2022 10:34

Good article in FT at weekend, talks about international expansion and how UK high st is not important to them

[faz] 15/6/2022 14:21

YOu've got thousands of folk a day arriving three hours early for their flight. THe delays arent in the neqws but the travellors are in WHSmiths. THe US is also wherer this company is headed.

[mutandis] 15/6/2022 12:08

...and importantly the company now anticipates the full year outturn to be at the higher end of analysts' expectations.

[gswredland] 15/6/2022 06:38

Good news!

[this_is_me] 15/6/2022 06:23

An encouraging update. It looks like things are on an upward path.

[makinbuks] 27/4/2022 08:44

Market has marked it down 2%, guess they expected better. Looks like a good entry point

[albert arthur] 27/4/2022 07:21

Expecting this will move to £15.50p when the analysts find it.

[this_is_me] 27/4/2022 06:21

A very encouraging set of results. It looks like the company will make strong progress post pandemic restrictions.

[leedslad001] 28/3/2022 11:39

Onwards and upwards

[leedslad001] 27/1/2022 14:07

US sniffing around. Bid on the way dyor