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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.
I hold 62 different shares across my SIPP, ISA and Share Fund this was the only one that went down. FTSE 100 up 282 points, FTSE 250 up 654 point. AIM index up 23 points (2.23%). And this goes down, people can ramp this but I’m now very concerned, sold a load at 19p. Wish I had sold the lot but now price so low might as well sit and wait!
I will keep buying as this drops, got in at 1.01 then 0.94, 0.90 if it gets to 0.85 I’ll buy more. Spreading my buys as no idea where the floor is but I’m convinced eventually this will rise, might take a week, might take a month or even a year but eventually it will rise.
A falling knife I’ve decided is worth catching!
Every has a point when they think I’ve had enough of this. FTSE 100, 250 and AIM (1.57 percent) are down. I believe this share will turn, shorts will close or a takeover rumour/bid will send the price up. And yes if you sell it will happen 10 mins later (that happens to me too).
I have just purchase more Boo, see this price as an opportunity. Shorts will eventually move on. Company is making money and has good brands. Cost of transport needs to come down (container from Ningbo, China 21,000 dollars 40ft, two years ago I paid 4 to 5,000 dollars). It may become more cost effective to produce cloths in Poland or Romania (but that’s for the directors to decide). Anyway happy with my investment.
I bought more on Friday, I bought 6000 back in May 2020 for 1.07, paid 2.31 for 5000 on Friday which I still feel is a bargain. PPI over, interest rates increasing. Once government share under 50 per cent this will fly.
I don’t mind buy backs so long as a decent div is paid at the same time. I feel the share price is far to low at the moment so buy backs at the present price (I feel) are good for long term holders. Retail sales were good in January and inflation still rising so more interest rate rises in the next few months, that’s good for the banks (so long as rates don’t go to high). Holders of this share have gone through many years of disappointment I’m holding Lloyds for the long term. The pot of gold at the end of the rainbow will come.
I too remember 15% interest rates but it only stayed at that level for a few days, I had a £195,000 mortgage at the time (which was a big mortgage 30 years ago. I am one of those millionaire share holders, I worked hard, took risks and while others bought flash cars and watches I bought shares. We all make choices in life just because someone makes a few million doesn’t make them a bad person. I don’t agree with bankers receiving ridiculous bonuses for doing their job (or footballer on millions a year). Back to Lloyds! I hope we all get a decent dividend this year. Lloyds was stopped from paying out during Covid but that has made the balance sheet stronger.
It’s great to have results coming up and PPI payments gone. PPI was a major anchor for the U.K. banks, all those fake claims and the infrastructure that had to be put in place to deal with them. I believe Lloyds will become a cash machine and the share price will recover. PPI claims started in 2011, Lloyds paid out £22 billion over 10 years, that money will be coming to shareholders (I hope!) over the next 10 years.
Deliveroo did not make a profit. If a company makes £350 million and costs (all costs) are £550 million it makes a £200 million loss. I’m guessing your not an accountant (an either an I).
Let me make it simple if you buy a car for £1000 and sell it for £1100 but advertising it, getting it cleaned/serviced an up-to date mot cost £200 you haven’t made £100 you’ve lost £100.
You can’t say a company has made a profit by ignoring costs!
Profitable if you take out the marketing budget! Why not say profitable if you take out delivery drivers .wages! Or how about Roo would be profitable if it didn’t have to deliver orders! Face facts Deliveroo does not make money. It needs to spend money on marketing if it ever hopes to make a profit! Which I don’t think it will as pandemic ends and people visit restaurants rather than sit with an expensive pizza will watching TV.