Mondi $JSEMNP is officially dropping out of the FTSE 100 after almost 13 years.
Investec plc $JSEINP is being promoted to the FTSE 100.
The changes will happen at the close on 19 June :
Mondi $JSEMNP is at serious risk of dropping out of the FTSE 100 in the June review.
This would trigger heavy forced selling from index trackers.
The shares are already down 36% over the past year, and the market cap is now R76.6bn (£3.41bn).
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3,304
Mondi's $JSEMNP share price down just under 3% this morning on the downgrade.
Interesting Mondi $JSEMNP downgrade by Morgan Stanley:
Price target slashed to 800p from 1,000p (13% downside from last price).
Analyst says demand has been tepid since 2022 and expects EBITDA to be weaker in 2026 vs 2025. Also expects a y/y dividend cut as seen in 1H results.
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685
Interesting Mondi $JSEMNP downgrade by Morgan Stanley:
Price target slashed to 800p from 1,000p (13% downside from last price).
Analyst says demand has been tepid since 2022 and expects EBITDA to be weaker in 2026 vs 2025. Also expects a y/y dividend cut as seen in 1H results.
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1,383
9 Feb 2025
$JSEMNP - 2nd target achieved from our alerts!
27 Jan 2025
$JSEMNP - This trade has been one of the longest swing ideas we have played - initial alert went out in Nov 24 and only today we got our first TP1 for 6,00% gain!
We like the look of this break, I’m expecting higher highs and the 8-21ema to be the riding buy levels back to R300 .
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2,010
30 Jan 2025
Here we go….!
$JSEAPN
$JSEMNP
We are long both for clients ( Managed) and in our Sharenet local Alpha plus Fund!
18 Jan 2025
The Tighter the range / consolidation the BIGGER the move that follows! Also known as “ Darvas Box “ a confirmation move out of the box range can yield bigger / faster moves - in the direction that leads!
- $JSEAPN
- $JSEMNP
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1,050
27 Jan 2025
$JSEMNP - This trade has been one of the longest swing ideas we have played - initial alert went out in Nov 24 and only today we got our first TP1 for 6,00% gain!
We like the look of this break, I’m expecting higher highs and the 8-21ema to be the riding buy levels back to R300 .
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8
1,919
20 Jan 2025
$JSEMNP Mondi - Breakout from bullish inverted head & shoulders reversal pattern targets 287 & 297.
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14
2,731
14 Nov 2024
$JSEMNP - Reversal candle in play will watch for close over R273 by tomorrow to play a reversal bounce !!
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722
4 Apr 2024
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774
8 Mar 2024
Mondi $JSEMNP has agreed in principle to buy DS Smith at 373 pence per share (14.7% premium to closing price on March 7).
Mondi shareholders will own 54% and DS Smith shareholders would own 46% of the company.
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788
24 Jan 2024
Just be careful in the $JSEMNP Mondi share price trading given the €1.60 special dividend & the share consolidation
Alongside with the special dividend there will be a share consolidation at a ratio of 10 new per 11 existing shares
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1,429
11 Jan 2024
Bearish follow through candle yesterday closing below the 20ema daily on volume. Trade is 1R now so stop-loss can be moved to breakeven if needed.
#JSEMNP
4 Jan 2024
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527