Wh Smith Share Discussion Threads

[leedslad001] 08/7/2021 07:39

Good update lots to look forward to

[gswredland] 29/6/2021 07:32

According to IG SMWH was due to release a trading update today

[makinbuks] 17/6/2021 18:18

I think its more complex than that: in travel, hospitals are going to be busy forever so the smiths/M &S outlets will be fine, rail remains very depressed and not clear how and when that will return to pre COVID levels (only solution for the trains themselves was effective nationalisation)and in travel there is a geographical split between US/Europe and ROW as well as a business/leisure split (leisure will recover business will not). So a very mixed picture and interesting to see over the next two years how it pans out

[leedslad001] 17/6/2021 09:51

Should move up quickly as soon as vaccine passport sorted

[leedslad001] 26/5/2021 13:28

Topped up again

[undervaluedassets] 17/5/2021 16:31

Yup should be fine Fills a dominant niche space on the high street and in travel locations and hospitals. Very conservatively run. A forever stock for me

[makinbuks] 29/4/2021 10:57

Fantasticaly well managed business. Pre pandemic it was all about no debt, organic growth in travel and cost reduction on the high street. Managed very successfully and they published every year a table showing the return to shareholders via buybacks and dividends going back ten years. It looks like post pandemic is going to be very different. Firstly we have the two acquisitions and now 100 new sites announced, but with it comes a level of gearing. Smart move in my view to do this via a convertible bond with a strike price 40% above current value. I think thats an indication of what we can expect from SMWH over the next 3 - 5 years

[leedslad001] 29/4/2021 08:21

Added today for long term hold

[leedslad001] 28/4/2021 17:07

Great set of results lots to look forward to over coming years

[leedslad001] 23/4/2021 16:41

People are desperate to get out and spend money. Nearly everyone I know can't wait to go abroad I have 3 holidays booked and looking to go to turkey end may for 3 weeks it will be boom time for retailers this year. It's the year after that things might cool down. Results next week should have a very positive forward looking statement

[makinbuks] 23/4/2021 14:21

Surely pre COVID rating could not be justified at the moment when it is unclear wht the footfall will be like on the high street, in airport and at railway stations once we re-open. There are lots of reasons why simply opening up does not mean revenues will return to previous levels

[leedslad001] 22/4/2021 11:58

Should be £21 + by now nowhere near precovid price

[leedslad001] 04/4/2021 12:58

Should see a pop north after bojo announcement tomorrow as airports opening up a travel starting again

[undervaluedassets] 30/3/2021 08:42

This stock's natural habitat is north of £19. This is where it lived through 2017- 2019 And to its natural habitat, it will return. It is as certain as a pack of chewing gum being 20% more expensive in SMWH than anywhere else. LOL

[weemonkey] 26/3/2021 08:56

WH Smith will come back stronger post COVID when everything re-opens. Thousands of "Mom 'n Pop" stationers and newsagents will go to the wall. SMWH will just hoover up the business of it's bust competitors.

[undervaluedassets] 26/3/2021 06:36

Re-opening stocks 'popped' in the US last night.

[undervaluedassets] 25/3/2021 23:54

Stocks like this are constituents of what they are calling in the US "the reopening trade". These are stocks that have suffered through closures under lockdown but that should quickly flourish again once society opens back up. SMWH is a quintessential "reopening" stock IMV.

[makinbuks] 25/3/2021 17:27

Thats a hell of a bounce off the bottom in the last 90 minutes

[leedslad001] 25/3/2021 12:18

Added again

[undervaluedassets] 24/3/2021 16:20

Yup. Be fine. If the travel companies can have a bounce today then this is well over-done. Have many fewer overheads than airlines and travel companies. Will re-open as things lift and go straight back to business as usual. There is no other company quite like WH Smith. Or that has its margins.

[leedslad001] 23/3/2021 11:13

Bought back in 2 day's early too early lol