SMURFIT next interim announcement is on 30th July. Might be a good time to top up before. Recently their market updates have impressed traders.
Davy's have a short note on skg today. Predicting a 10% increase in EBTIDA since this time last year. They reiterate their outperform stance and say its too cheap. I think their target price is €22. I really didn't expect skg to be this cheap again so put my spare cash into bkir. Not sorry to have done that but I really would like to have bought more smurfit. The dividend alone makes it worth it.
9 Jul '14
It seems like this share really rides the wave of sentiment more than it should. It really does appear to undershoot when market sentiment turns negative.
9 Jul '14
This is getting annoying now. Broke €15 so easily. Q2 results on the 30th of this month so hopefully that will turn the tide.
3 Jul '14
The good news will be in the results. They wont dissapoint. Whether it make any difference or not I'm not sure. Buffet's secret to success was buying undervalued companies cheap and waiting for the markets to realise this and eventually push up the price. The markets need a good kick in the ar** on this one.
3 Jul '14
On market up day and yet this sp just keeps falling.... we need some good news soon to get this moving north again
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