Wh Smith Share Discussion Threads

[fitton] 06/8/2020 11:39

Interesting day.250k trades, 65% buys and down 8.5%

[finkie] 27/7/2020 12:20

I cant see a catalyst this time around previously shops re opened and everyone thought back to normal 800-1360p in a few weeks. The new normal is that people arent going out to pubs/shopping or travelling as much and whsmith business is affected and probably needing a post covid revision to turnover and profits......where that leaves the fair share price is hard to tell 980p doesnt feel expensive but might be if every retailer comes out and says we are 50% down on turnover.....

[fitton] 15/7/2020 13:50

Smiths still not the flavour of the day.Hopefully progress is being made and we should see a progressive improvement in business.

[owenga] 15/7/2020 12:15

I'm surprised by the pull back from 1400. Long term it should bounce back strongly. Not sure short term. I think it's fallen far enough.

[finkie] 15/7/2020 11:33

So that’s a no then!! ;0) footfall down quite a lot perhaps more than I expected, not sure where the stock will go from here.....could dip to 900p again perhaps

[finkie] 29/6/2020 11:12

back to below fund raise price of 1050p earlier in the year, might be worth anther look soon as managed to get out at 1350p a month or so back. Any views on the business model as we move into '4th July normal'?!

[paleje] 05/6/2020 15:02

Nice.

I think the airlines might have some sobering guidance to dish out later in the year, and price wars to contend with says O'Leary, so a while before they return to the profitability and dividends pre-covid.

But Smiths won't be discounting, it doesn't matter to them if the planes fly unprofitably as long as lots of people want to get back on them and, judging by the queues at DIY places, IKEA and recently McDonalds, people definitely want to get back to normal or as near as. When a reliable few-minute simple cheap test is approved it will really take off.

The only concern I have is another leg down, which doesn't seem likely the way sp's are moving but it has happened in previous crashes/bear markets so 'stay alert' as somebody said.

[this_is_me] 05/6/2020 13:25

More like a rocket taking off than an aircraft today!

[bc4] 26/5/2020 11:29

No SANKS funny eh and no 4.30p!

[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.