I've looked at the balance sheets,the debt levels don't concern me.
Most companies need to borrow in order to grow,net asset levels (after debt) increasing year on year.
Not a bad show that.
Watching paint dry?I call it long term investment strategy tick tock ds could be here for a little while,anyway time to make some money on wife's sipp.
Speaking of drop back smiths down 6 at 275p,historically though it's dropped a pound twice in last three years before climb back so I'm anticipating a possible fall to maybe even 235p before going back up, all mm trading games.Will patiently hold and wait future forecasts and solid fundementals on our side.
You forced me to take a look at bby lol.
I reckon it's a buy,dividend will be maintained imo.Five year chart says it all.Short term though possibly another dip to 200-210p, taking div closer to 7%.
Bar stewards will probably be sticking a motorway near my village soon lol. (nimbly rant over).5% now and watch and wait for next 5% .
analysis over I'm sticking with smith.
Watches ortac resources ,would be good to know who spotted it and if they have any information about the company.Interesting to look at 3 month 5 year graphs on this one and the broker rating of roughly 20 times value.
Apart from the kebab incident,it was good place to stay for a holiday,nice woodland walks,valleys,waterfalls a nice change from the flatlands of East Anglia.
http://en.m.wikipedia.org/wiki/Llanfairfechan
link to our last N Wales holiday destination.If you ever go there I dare you to ask for garlic mushrooms from the fish and chip shop at the far end of the village lol.I misread the menu and asked for garlic mushrooms it turned out to be battered mushrooms the owner said this is Wales not bloody france![clearly not an anglophile] ,wifes kebab duly arrived frozen in the middle,happy days!
Not in safe style 95 % in ds smith .Interesting looking at the 5 year graph for smiths twice in past 3 years it's dipped by a pound only to go to new highs afterwards - shows how shares can be manipulated and patience is the key for this one I reckon.