Wh Smith Share Discussion Threads

[paleje] 26/5/2020 09:30

Airlines and hols looking brighter this morning and high street retailers reopening soon, Smiths will benefit from all and they will manage efficiently whatever restrictions are attached. They're good at that so even though I hate having to pay for a little white paper bag when I buy a greetings card, I think they're still overlooked and cheap.

[gooner1886] 21/5/2020 21:16

Nice to be back in the greenIn here

[bc4] 21/5/2020 14:18

£10 not far away

[bc4] 19/5/2020 17:05

Yes should be on the way back to £12 soon

[kangaroo joe] 18/5/2020 17:46

The large expansion in US should bode well when America starts flying again. In the US flying is like catching a train here, so that massive market will help carry the High Street which may take a while longer to get back to near normal. Vaccine hopes pushing these higher today - light at end of the tunnel.

[masurenguy] 17/5/2020 09:56

The retailer’s interim results reassured the market about the fundamental strength of its business and the focus now is on the shape of the recovery. Jonathan Pritchard, an analyst at Peel Hunt, believes WH Smith could come out of the COVID-19 crisis stronger. “The shares are cheap even if short-term news flow is unlikely to inspire,” said Pritchard. Love Money.com. 15 May

No position but on my watchlist.

[sanks] 16/5/2020 09:29

I think you'll find Sheila rarely gets it wrong. She's amazed me too many times!!..try looking at Lloy, FGP, AML, CCL to name a few...
AML target 27p..got that shag on.
CCL predicted £5.90..got that shag on too.

For that reason, I remain an outright shagger on SWMH with a buy order in place at £4.30

Hope this begins to make some sense soon
Sanks..updating Level 4

[gooner1886] 15/5/2020 20:23

Wh smith massive in america they own all sorts of outlets. Bargain price just need patience i thought 9 quid was the bottom but i was wrong , this is just a buy and hold they arent going bust

[paleje] 15/5/2020 16:28

Airports will reopen at some point, the US will lead the way, High St slowly starting, business model here might be old world books, cards and stationery but it's still in demand and the aiport outlets are fantastic earners. Sheila's got it wrong imo.

[smartie6] 15/5/2020 14:26

I don’t like the business model with footfall unlikely to return. Don’t think I’d touch it with mine for definite. But that’s only my opinion. Lol.
A punt at £4.30, maybe I’d touch it if revised business strategy was working well????

[sanks] 15/5/2020 14:18

My bird Sheila has initiated coverage of SMWH with a Shaggy Sell note to clients with a £4.30 Level 4 price target.
Hence why I will not risk putting my nob on the table till it gets to that price range

Hope this helps

[smartie6] 15/5/2020 14:15

With footfall having dropped away and unlikely to return to any kind of level in the future isn’t this now just a basket case awaiting a turnaround specialist. High street post offices and book sales may be the only profitable area of the business moving forward, don’t you think?
Is there a likelihood that we’re going to lose another high street name?
At what level do you think it’s worth a punt, 100p?

[paleje] 15/5/2020 09:19

I don't like them they're mean bunch, I hate being asked to pay for a paper bag to put an overpriced card in, but they are an efficient business machine and when things return to normal or as near normal as possible they will find ways to fleece us. Buy and wait methinks.

[gooner1886] 14/5/2020 07:41

Lol they aint going bust you clown

[kiwimonk] 14/5/2020 07:35

It's the damaged chocolate bars piled up on the counter, that are close to their expiry date, which the purple haired checkout girl tries to desperately sell you that is propping up this useless paper shop.
Adios WHSMITH

[level 4] 13/5/2020 23:31

Me and my bird Sheila have placed buy orders in at circa £4.30
Level 4 has this dripping towards that shaggers area before any sign of Skirtlift.

Hope this helps

[gooner1886] 24/4/2020 19:30

900p target for me personally

[jgunnsm2] 24/4/2020 11:35

Since the statement surely their position is much worse. Can anyone see plane train and automobile traffic return to some sort of normal in Q4? There must be value here but still looks overvalued. Looking for some comments

[euclid5] 06/4/2020 10:04

Since the Group's trading statement on 12 March 2020, WH Smith, along with many businesses, has seen a substantial downturn in economic activity resulting from the Covid-19 pandemic.



The duration of the Covid-19 related crisis is uncertain and, as a result, the Group has secured new lending facilities of £120m, which will strengthen its balance sheet, working capital and liquidity position. The new financing arrangements are conditional on raising new equity.

As a result, the Group is in an advanced stage of preparation for an equity issue of a maximum of 13.7% of its issued share capital by way of a placing. These financing arrangements, coupled with a broad range of mitigating actions to manage the cost base and cash-flow, will provide sufficient liquidity to deal with this most challenging of trading environments.

[gswredland] 30/3/2020 19:07

Yes interesting