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

Its nice when it works out.

The chart looks even better and 190 looks realistic PDQ!

Was rather hoping for 210p as an exit point!......still, probably shouldn't be too greedy!

Good pick this one skinny, thank you. Never traded it before. Moved my stop to 163.0 to lock in + 10

Just pausing for breath?

Presumably many investors exited at 170p? Am still holding and looking for 190p.

I took profit at 170 and thought I would wait before having another nibble, but noticed that volume are not that great in either direction.

Still watching!

I think you were right Fred. All indicators are indicating the sp will slide, so sold this morning and will be looking to get back in around the 150p level. Took my eye off this for a few days and profit reduced. :o(

StockMarketWire.com
Smiths News has reached agreement with Frontline and Seymour to extend their magazine wholesaling agreement until April 2020. The contract is valued at c.£215m pa (at FY14 values) equating to 15% of the total national newspaper and magazine distribution market.

This new agreement secures 42% share of the magazine market for an additional five years.

Frontline distribute titles from publishers H Bauer, Immediate Media and Haymarket, while Seymour distribute magazines on behalf of many publishers including Future Publishing and Dennis Publishing.

Smiths News has now secured c.£1.1billion per annum of revenues through to at least 2019, and in some cases beyond, equating to 77% of total sales.

SMITHS NEWS PLC CHANGES NAME TO CONNECT GROUP PLC

In line with its strategy to become a more broadly diversified specialist distribution business and as previously announced on 17 March 2014, Smiths News confirms it has today changed its name to Connect Group PLC.

Trading in the Company's shares on the Main Market of the London Stock Exchange under the new name of Connect Group PLC will take effect from 23 April 2014. The Company's stock exchange ticker will change to CNCT.

The Company's corporate website will change to www.connectgroupplc.com

Whats going on here then???. Why such a big fall at yesterdays close. Not up to date with the market, just back off a long bank holiday.

See the previous post!

Skinny are IG with their spread bets behind the curve then, Im getting down -3.86% with smiths news and no new company up yet.

I can't find the new name on IG GF .

Yes - been trying to contact them!

Cheers thought it was all rather strange.

N+1 Singer Hold 0.00 162.00 - 184.00 Reiterates

NWS ticker reactivated with CMC and phone on IG.

IG sorted it out now.

Link to new company thread