Henrik Sorensen Wise words from Charlie Munger Going down a long list of recent spin-offs, which I do from time to time, one stock piqued my interest. Not only was it apparently cheap, as most spin-offs are, but it also was showing some growth and another rare attribute, buybacks: “Charlie [Munger] mentioned if an investor did just just three things the end results would be vastly better than the rest. 1) Carefully look at what the other great investors have done, 2) Look at the cannibals, ie businesses buy ...

From a technical perspective, Sylvamo Corporation (SLVM) is looking like an interesting pick, as it just reached a key level of support. SLVM recently overtook the 20-day moving average, and this suggests a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averag ...

Pgiam/iStock via Getty Images Investment Summary Following my last publication on Sylvamo (NYSE:SLVM), the stock has lifted 45% into the green and surpassed my previous valuation target of $55/share. Winding back the clock, in Q3 FY 2023, we advocated for the materials (alongside the industrial sector) as the most attractive S&P 500 sector on a price/value basis. It had 10% projected earnings growth with just 2% of the Index's weighting, making it the most attractive under this composite (Figure 1). Figure ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Have you been paying attention to shares of Sylvamo Corporation (SLVM) ? Shares have been on the move with the stock up 18.4% over the past month. The stock hit a new 52-week high of $72.36 in the previous session. Sylvamo Corporation has gained 46.2% since the start of the year compared to the 3% move for the Zacks Basic Materials sector and the 10.4% return for the Zacks Paper and Related Products industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as ...

1 First Quarter 2024 Earnings May 10, 2024 ...

财务数据和关键指标变化 - 公司在第一季度实现了调整后EBITDA 1.18亿美元,毛利率为13% [8][9] - 第二季度预计调整后EBITDA将达到1.45亿-1.6亿美元 [13] - 公司持续减少经济性停机,第一季度经济性停机量下降80%,较峰值时期下降95% [12] 各条业务线数据和关键指标变化 - 未涂布自由纸业务订单情况在各地区都有所改善 [8][13] - 公司在各地区实施了之前宣布的纸品和木浆价格上涨 [10][13] - 输入成本和运输成本有所上升,但预计第二季度将有所改善 [13][14] 各个市场数据和关键指标变化 - 拉丁美洲第一季度需求较弱,但预计第二季度将有季节性改善 [13][31][33] - 欧洲和北美市场需求趋势良好 [11][13] 公司战略和发展方向及行业竞争 - 公司启动了"项目地平线"计划,旨在精简组织架构和改善成本结构 [15][16] - 公司计划未来3年内投资2亿美元进行高回报项目,以增强竞争优势和提高现金流 [21][22][23] - 公司关注未涂布自由纸业务,通过人才团队、知名品牌和低成本工厂来创造长期价值 [18] 管理层对经营环境和未来前景的评论 - 公司对未来前景充满信心,看好未来机遇 [25][26] - 公司将继续通过维持强劲的财务状况、重投资业务和向股东大量返还现金来创造价值 [18][19][20] 问答环节重要的提问和回答 问题1 **George Staphos提问** 询问第一季度运营和其他成本略低于预期的原因 [29] **John Sims回答** 主要是由于巴西的税收支付以及欧洲的存货重估,这两项共计约4百万美元 [30] 问题2 **Matthew McKellar提问** 询问公司未来2亿美元高回报项目的具体情况 [36] **John Sims回答** 公司计划在未来3年内投资这2亿美元,加上之前的1亿美元,总计3亿美元高回报项目。这些项目的加权平均内部收益率超过35% [37][38] 问题3 **George Staphos提问** 询问竞争对手在第一季度出现的一些运营问题是否为公司带来了一些业务机会 [44] **Jean-Michel Ribièras回答** 公司没有直接将竞争对手的问题与自身的订单情况联系起来,认为两者是独立的 [50]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________ FORM 10-Q ________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to ______________________________ Commission File Number 001-40718 ________________ SYLVAMO CORPORATION (Exact Name of Registrant as Speci ...

Exhibit 99.1 NEWS RELEASE Sylvamo First Quarter Results Meet Expectations, Strong Second Quarter Outlook Reflects Improving Conditions MEMPHIS, Tenn. – May 10, 2024 – Sylvamo (NYSE: SLVM), the world’s paper company, is releasing first quarter 2024 earnings. Financial Highlights - First Quarter vs. Fourth Quarter • Net income of $43 million ($1.02 per diluted share) vs. $49 million ($1.16 per diluted share) • Adjusted operating earnings1 of $45 million ($1.07 per diluted share) vs. $49 million ($1.16 per dil ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from - to – Commission File No. 001-40718 _______________________ SYLVAMO CORPORATION (Exact Name of Registrant as Specified in its Charter) ______________ ...