ToffeeDoug
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  • Do you work for DS Smith mate ?
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    ToffeeDoug
    ToffeeDoug
    What SP did you buy at? They are a company always looking at acquisitions, particularly packaging and recycling rather than the paper making part I work in, and in Europe rather than the UK. Hold if you can, unless it was a low SP and you fancy taking the profit.
    Catfish Blues
    Catfish Blues
    I first bought about 4 years ago at 190p and have had a few more buys up to 300p. They're part of my pension pot so, unless they start to look overvalued, I'm in no rush to sell.

    Don't know what they're like to work for, but they're a well run company.
    ToffeeDoug
    ToffeeDoug
    Definitely. SP stayed around the 150-170p mark for years, because their focus was more paper-making and it was cyclical in nature. The CEO that came in, Miles Roberts, re-focused them on packaging where profits are an upward trend every year with few dips. Main objective when he started was to get the SP to £3, which he achieved quickly.
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