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Smiths News (NWS)     

skinny - 22 Jan 2012 10:04

Chart.aspx?Provider=EODIntra&Code=NWS&Si


I bought into these on January 3rd for the dividend. Probably boring to a lot on investors, but with a yield of 9.3%, they are worth a look for income seekers.

The Smiths News Group operates in distinct but complementary markets; newspaper and magazine wholesaling, Smiths News, book wholesaling, Bertrams and education supplies, The Consortium.

Smiths News is the UK’s leading newspaper and magazine wholesaler. The company distributes newspapers and magazines on behalf of national publishers as well as a number of regional publishers. It serves approximately 30,000 retailers across England and Wales, supplying large general retailers as well as smaller independent newsagents.

Company Website

Financial Calendar

Recent Broker notes

BarChart Indicators

Recent Market news

Smiths News Fundamentals

skinny - 16 Oct 2012 10:00 - 21 of 103

N+1 Singer Upgrades to Buy TP 135p

Oriel Securities reiterates its Buy TP 200p

Liberum Capital Retains its Buy TP 155p

Lord Gnome - 16 Oct 2012 15:13 - 22 of 103

Some variety in the TPs there skinny. 155 or anything north would be nice :-)

skinny - 16 Oct 2012 15:17 - 23 of 103

Hi Lord Gnome - I never did get around to buying these back - I even hesitated this morning on the retrace at 136p!

Lord Gnome - 16 Oct 2012 15:27 - 24 of 103

It is very difficult to bite the bullet and buy back a share for more than you sold it, skinny. It is almost impossible to remove the emotion from the decision. I have done it and kicked myself for the profit I missed while I was out of the stock.
These are now LTBH for me - for the foreseeable future anyway. My running average yield is now 9.575%. I see a good few years of growth in profits, dividends - and share price!

skinny - 16 Oct 2012 15:44 - 25 of 103

It wasn't the 1st time and it certainly wont be the last - I will,buy back at some point - meanwhile enjoy your profits.

skinny - 23 Oct 2012 16:17 - 26 of 103

Superb chart since July.

Lord Gnome - 23 Oct 2012 19:35 - 27 of 103

Up 50%+ in just 4 months is a bit special by anyone's reckoning. I think we may mark time at around 150, but my target for next year is to see 180 at some point.

queen1 - 25 Oct 2012 13:47 - 28 of 103

I'm out today. It was a really hard decision to make, as it's a great dividend payer, and seems to be on a fantastic momentum ride, but I've banked a 70% profit, and I'm happy with that :)

skinny - 21 Nov 2012 15:06 - 29 of 103

New high today @163p

Lord Gnome - 21 Nov 2012 18:58 - 30 of 103

Still some left in the tank, skinny.

halifax - 14 Jan 2013 12:19 - 31 of 103

sp taking a hit today?

skinny - 14 Jan 2013 12:21 - 32 of 103

Unfortunately, I had a limit order @150!

skinny - 15 Jan 2013 07:04 - 33 of 103

Interim Management Statement

The Group remains on track to deliver strong growth in underlying profit before tax for the year to 31 August 2013, in line with market consensus.

Total Group revenues increased 2.0% year on year, boosted by contribution from the acquisition of The Consortium in April 2012. The performance of each business unit is as follows;

· Smiths News total revenues declined by 1.9% and by 4.7% on a like for like basis.
Both newspaper and magazine performance is broadly in line with recent run rates and with expectations.

· Bertrams total revenues increased by 4.4% and by 1.5% on a like for like basis.
UK wholesale print revenues were broadly in line with last year, combined UK public and academic library revenues were marginally down, international revenues were up and digital revenues continued to grow strongly.

· The Consortium total revenues increased by 5.0% and by 5.1% on a like for like basis.

Education performed strongly.

· Media and Marketing total revenues declined by1.5% and increased by 0.5%on a like for like basis.

There has been no change in the underlying financial condition of the Group since the year ended 31 August 2012 and the Group continues to operate well within its bank facilities.

The Group will announce its interim results for the six months ending 28 February 2013 on 17 April 2013.

Lord Gnome - 15 Jan 2013 15:43 - 34 of 103

Looks like your buy was right on the money, Skinny.

skinny - 15 Jan 2013 16:07 - 35 of 103

Yes - a pity about the big gap between there and where I last sold!

skinny - 21 Jan 2013 07:06 - 36 of 103

Acquisition and expansion of books division

Acquisition and expansion of books division

· Acquisition continues to strengthen Bertrams international presence
· Enlarged operational footprint in Northern Europe

Smiths News PLC ("the Group"), the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading distributor of consumable products to the education market, is pleased to announce its wholly owned book business Bertram Books ('Bertrams'), has acquired Erasmus Antiquariaat en Boekhandel B.V. ('Erasmus') from Tschenett Beheer B.V. for a net consideration of €1.5m satisfied in cash via a subsidiary Dawson Books Ltd.

Erasmus, based in the Netherlands, is a leading supplier of high quality books and journals into both academic libraries and Government Institutions mainly across Northern Europe. In the year ended 31 December 2012, Erasmus generated revenues of €15m.

The acquisition brings a complementary customer base to Bertrams with strong penetration in France, Germany and Switzerland. Following the successful acquisition of Houtschild in June 2012, Bertrams continues to pursue its stated international expansion programme, now having market leading positions in several key European territories. The Erasmus transaction will also see entry into the U.S market and increases total international sales to £50 million on a pro forma basis1.
The acquisition is expected to be earnings neutral in FY13, adding an incremental £0.4m in FY14.

Stan - 22 Jan 2013 16:12 - 37 of 103

I'm warming to this one.

skinny - 18 Mar 2013 07:35 - 38 of 103

Smiths News PLC, the largest UK newspaper and magazine wholesaler, a leading UK book supplier and a leading distributor of consumable products to the education market, will be announcing its interim results for the six months ended 28 February 2013 on Wednesday 17 April 2013.

Lord Gnome - 04 Apr 2013 19:20 - 39 of 103

New highs today on a day when the market has turned turtle. Technicals all looking benign. Two quid now on the horizon. More please.

Lord Gnome - 15 Apr 2013 22:57 - 40 of 103

Interims due on Wednesday. I don't think they will disappoint. A decent outlook statement and another divi increase could push these nearer to my £2 target.
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