Member Info for Wayzgoose

I don’t think you will see 124 today and maybe never again, this company has never made a profit. We are probably going to experience a recession. People will cut back spending, delivered food will take a big hit.

I have bought two x 5000 of these today. I believe the economy will slow and people will cut their spending but they will still have to buy insurance. I also believe at some point someone will make a bid, specially at this low (I believe) price.

Just been told another rise in paper prices happening on Tuesday next week.

You are right! 487,442 and 450. Good to see price beginning to recover.

I bought in ex div at 287, thought that was a good entry price. Today bought more at 250 and 242. These will go back up! FTSE down 147, miners and oil getting hit hard but nothing wrong with Glen just a general sell off! Will bonce back in next few days

Been to a large printer today, when I entered the factory I was shocked at the pallets of paper. When I asked the MD why all the paper/board (over 400 pallets) he said delivery now out to 3 months and the price you pay is the price on day of delivery. So he is stockpiling. I have since spoken to two other BIG printers both are doing the same thing and one had taken another unit to store paper. DS Smith etc must be making a fortune at moment.

More price rises today isopropanol (IPA) up 30 percent.

Printers getting hit with more price rises today but having to except! Coating up 20% in general. ink UV and veg oil based up roughly 65p per kg, Plate prices up and shortage of supply from Kodak, Fuji and Agfa due to Aluminium not being available. All chemicals seem to be up by 10 to 15%.
Printers will have to charge their customers more.
DS will have no problem pushing prices up as I said at beginning of message, printers are just excepting price rises because everything supply wise is going up (unless your a digital printer on a click rate).

Saga insurance came in at number 2 in a ranking of best insurance companies to deal with according to Daily Mail online.

Business section: New Boohoo factory brings rag trade back to Britain. All very positive. Bought 13800 of these for my isa on Wednesday, I personally believe this is a bargain price for a profitable business.

100,000 boxes annually is a small volume. A Heidelberg XL105 will print a 100,000 B1 flat sheets up to 650gsm in under 6 hours running at 18,000 per hour. The big users need vast volumes and they can wait 3 weeks or 3 days or 3 hours.
If your producing bespoke packaging you will be using niche packaging products like Ecofoil etc not folding box board.
DS Smith product product for companies producing millions of boxes a year in this market there a real shortages.

I work in the printing industry selling CAD cutters to signage and packaging companies. I have never seen such shortages in packaging material. 300 gsm folding box board now over £1000 per ton. Merchants don’t give prices till the day they deliver, packaging companies waiting weeks for supply. Market for DS Smith product is so strong profits will keep climbing, I just invested more here. There will be no problem with input and production costs here, the shortage of material means they easily put prices up! Would not be surprised to see Amazon make a bid at this price.

Just don’t get why anyone would sell at this low price. Decent div in May.

Bought more this morning 2257 at 1.99 and 422 at 1.97. Quality company, increasing dividend, seems to have good management, leading player in its market. Am I missing something? I don’t understand this continued price fall!

Over the next few years I now believe BP will be a great investment. U.K. and European countries are going to require a non Russian source for oil and gas. BP will be drilling for oil all over North Sea and elsewhere.
Yes BP will be hit by pulling out of Rosneft but the new world with oil at higher price will soon make up for this loss.
Also I believe they will sell their Rosneft share when price reaches a point they are comfortable with, then they will show a loss and not pay tax for a year or two.
Only danger I see is Putin stealing Rosneft shares. If he does BP will show as bigger tax loss.
I have 14225 BP shares, I’m more likely to add than sell.

Are you related to Putin? People can read what you put regarding War (or in your words Crisis).

You wrote: ‘I’m hoping the crisis in Ukraine keeps this lower till at least April as I want to move 20k worth on 6th April’
It’s NOT a crisis it’s a war! And I for one don’t want the (I your words) crises to go on. until April 6th so you can move shares to your ISA.
Think of others losing everything in the so call crises you would like to continue till 6th April.

This is one falling knife I’m not going near.

So you hope a war where women and children are being carpet bombed continues for a month so you can buy some cheap shares with your dividend.
You disgust me. What sort of low life wants people to die, lose their homes and country so they can make a few quid.
I have lost on BP shares (have 24225) today but was happy with their decision. If the cut the dividend I will be happy as they have do the right thing.
I have 6500 Persimmon shares and I’m heavy down but they will go up eventually.

I have 14,225 BP shares, tomorrow they may drop because of Rosneft but I don’t care! I will lose money but the brave people of Ukraine are losing everything! Their homes, the lives and family. BPis doing the right thing. I salute the brave people of Ukraine and the bravest President I have ever seen.