Boring Bernie
08 Apr 2015
Re: Established income payer with solid ... Dear meAlBent = Al Bentley [link] blatant with it too. It would be nice to think that ii weren't allowing you to spam the boards for the exchange of a few quid and that you were just spamming ?
Boring Bernie
08 Apr 2015
Re: Established income payer with solid fina... i wish you'd stop spamming all the boards with links to a site you're presumably representing in some way.
albent
08 Apr 2015
Established income payer with solid financial health and growth potential. Here is an infographic for Synthomer (LSE:SYNT): [link]
dannysuko
26 Feb 2015
Re: Final Results Well I see the results as a medium positive considering the economic conditions especially in Europe and the Euro currency pain. I do agree that the SD whilst welcome could have been held off or could have been used to pay down debt. but overall, not unhappy with the performance. In these times of huge uncertainty and with Russia, Europe, Syria, the falling price of oil, plus all the other impact news, Synthomer are performing well in comparison. Happy to hold at this time but I do feel 270p will be a big old barrier to get over and expect the price to sit around 250p. However for me, these are just steady eddies who can give me a reasonably decent divi whilst the potential exists for capital increase if the euro zone improves. DS
The buzz
26 Feb 2015
Final Results I thought that the final results were a bit indifferent with lower turnover and profit compared to last year. As expected the dividend had been increased, but what surprised me was the special dividend of 7.8p a share on top of the 7.8p a share ordinary dividend. They still have significant borrowings and it was not all that many years ago that SYNT was financially exposed to its large borrowings. Personally I think that the special dividend is unwarented and that they should first reduce the borrowings further. Does my memory fail me or did not the FD change - is this a sign that he is a weak FD who has given in to pressure to pay out money to share holders despite the borowings? No doubt some in the city will like the dividends, but I am uconvinced that it is wise to pay out too much too soon. ..but then I am a bit cautious. As I said in my last post, I no longer hold shares in SYNT, despite holding them for many years and having far too many only a short time ago.The B
The buzz
24 Feb 2015
Predictable Rise Recently sold out at a good profit. What happens - the price then shoots up. Considering that not all that long ago I was topping up around the 180p level, this is a significant rise. I thought that the price had gone too low, but I do not see an real change apart from a lower price of oil. If they can hold their prices then their profit margins should hold up. On the other hand, a price fall with lower volumes and the same profit margin would give lower overall profits. Europe is still struggling and China's growth is easing back, so I decided to take profits whilst the going was good. Longer term I can see the increased dividend making this share progressively more attractive, so I am watching in case the price retraces.The B
dannysuko
16 Jan 2015
Positive interim report The lower price of oil is helping reduce raw material costs, I guess this is implying that production costs will be lower so hopefully positive on the bottom line. Not a bad update considering the general mayhem in many other sectors.[link]
The buzz
02 Jan 2015
A Good Start to the New Year Just sold 1.5k at 239.5360p a share. The irony was that I was logged in hoping to buy back some shares after their recent surge! Now 230-237p so I am wondering if SYNT had been tipped in a magazine/ newspaper and the price rose due to a bit of buying in a thin market? ..but the quote is all over the place eg now 236.8-237p,237.1-241.4, 238-241.4, 238.1-238.2, I thinl the pricing is reflecting a comment that i made previously. Now 230.2-238.3p, 230.5-241p, 230.5-238.1.Conclusion - a bit of selling pressure pushes the buy price to about 231.9, a bit of buying moves the buy price to over 240p. The best price to buy/sell is now about237p. but if one times things wrong then one can get quoted an awful price. Now 239.1-245p...The B
The buzz
31 Dec 2014
Window Dressing I sold a few today at 12;28 and got 234.4880p a share. Yes at a small profit!! I was hoping that the share price might rise near to close of play, as today is the last trading year for 2014: some fund managers buy in some shares into their holdings to give slightly inflated share prices so that they can quote better fund performance for the year. So there was indeed an increase in the share price at the end of the day, but I am surprised that the closing price is supposedly 237p a share - a price that does not reflect the buy/ sell spread (234-236p) at close of play.The next question is where do I see SYNT going in 2015? I perceive quite a mixed bag of changes:-The £ has fallen quite a bit compared to the $, but The £ has fallen in value compared to the Euro - so remittances in £ will be up and down depending on the source of the profit.The price of oil has fallen significantly - so manufacturing costs and input prices should have fallen - but what will happen to profit margins and demand? This will be a full year with the synergies from the earlier 'merger' now fully worked through.The Euro zone is still in the doldrums so demand will be restrained for another year.Malaysia should see further increases in demand for latex gloves (eg Ebola demand) - an increasing but still relatively modest component of SYNT's turnover.Interest rates will probably remain low so borrowing costs should be similar to before.Finally there is the prospect of a higher dividend payout in line with guidance from the company. Once that starts to feed in, the shares may appear to be more attractive to income seekers.Where will the share price be at the end of 2015. My best guess is about 260p. ie about 10% higher than the current price.Wishing you a successful trading year in 2015.The B
