Wh Smith Share Discussion Threads

[jon827] 14/6/2012 07:53

Lol that statement was short and to the point!, now we know why teh ceo sold at the top then

[spob] 11/6/2012 16:26

bought a first tranche in SMWH today

goes ex div 8p on wednesday

will add more if goes much lower

[contrarian2investor] 06/6/2012 20:02

My targets triggered/achieved today. 20% of my short position left on the table with a stop-loss in placed at £5.12p. Lets see if SMWH goes sub £4.60p whereby I will reduce my short by half.

[contrarian2investor] 03/6/2012 14:53

My SMWH targets should be achieved next week. I will then reduce my positions by 80%. I wish you well with your targets spawny100.

[spawny100] 24/5/2012 08:02

Not a hugely ambitious target there and I feel it will come sooner rather than later. I have sub £4 as my target as I mentioned earlier, and soon!

[contrarian2investor] 23/5/2012 13:56

My initial short target of sub £5 for the summer has been met. I have opened a smaller additional September short today with a target of £4.75p.

[antic177] 18/5/2012 09:59

Finally.........

[antic177] 20/4/2012 15:55

I really don't like that they've increase the div. I also don't like how well their travel stores are going. Maybe they should split the company in to travel stores and ghost town high street stores. That would be a good pairs trade...

[spawny100] 18/4/2012 22:17

Not a lot of activity on this bb in a month! When will they stop buying I wonder? Given that all this buying is having no impact on share price it is logical to assume then when they stop we are in for a sharp fall. Target sub £4 initially...

[spawny100] 15/3/2012 08:00

Not sure myself GGecko and would be interested as it seems these buybacks are simply going to support share price whilst they are ongoing.....

[ggekkko] 14/3/2012 14:20

can anyone provide a rough estimate of how much of the £50m has been spent on buy backs?

[spawny100] 13/3/2012 10:25

Interesting that even with all these buybacks the share price is only remaining stable. May indicate what will happen once they stop. Have they said how many they will be buying back at all?

[utsushi] 28/2/2012 08:02

Share buy backs propping this one up, management have most likely run out of options, and needs to down size to reflect the fact that they don't sell much branded stationary, books, dvd's etc anymore, don't believe that trend is full discounted in the share price-stalemate might continue for some time but the eventual move could be to the downside.

[davydoo] 17/2/2012 13:26

IG Index, with a Jun Spread Bet

[antic177] 17/2/2012 09:50

davydoo,

Which broker are you using to short this stock. Or anyone else have any suggesting for that matter?

[utsushi] 14/2/2012 10:04

I think a declining trend in the P&L could be counter balanced by strength in the Balance sheet, returning cash to shareholders, combined with a modest valuation, and yield could support the share price so what is most likely perhaps(?) is a stalemate between both sides with the share price stagnating until some kind of earnings surprise comes along.

[utsushi] 08/2/2012 17:51

I don't short stocks, but if I did this would be a prime candidate, closing branches, Director sales, plus a convergence of other factors.

[m.t.glass] 03/2/2012 07:53

The Sun this morning has fallen for Kate Swann's excuse that she is looking for a new house and wanted the cash for that. Did they ask if the other two directors who also sold are moving in with her??

Natasha Roberts at ShareCast appears to have fallen for the same excuse issued by a company spokesman - again without querying why Ms Swann's fellow directors also sold..

[contrarian2investor] 02/2/2012 21:42

M.T. Glass, thanks.

[davydoo] 02/2/2012 21:07

Whilst its perfectly allowable, I just don't like companies that boost their share price through buybacks, only for the directors to then take advantage and exit themselves.

Anyway glad to see some of the steam taken out, and the price back towards my short level