A trading opportunity for you?

Will Smurfit Kappa continue falling, or will it rise again back to 3,306p August highs?

• Smurfit Kappa shares have fallen 17% in the past 3 weeks to trade 2,612p (at time of writing).
• Shares -17.3% from 2018 highs; +20.2% 2018 lows; +4.2% year-to-date.
• Shares have been falling since Smurfit Kappa announced Venezuelan government has taken over its assets in the country.
• Venezuelan operations to be de-consolidated in Q3; total write-down of €60m
• Source: Dow Jones, Bloomberg, FT, Company News

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Trading Smurfit Kappa – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 3,306p. You decide to buy exposure to £10,000 worth of Smurfit Kappa using a CFD, at the current price of 2,612p. To do this, you need £2,000.

Let’s assume Smurfit Kappa recovers back to 3,306p (+26.5%). Your profit would be £2,650, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 10% from the current price. Smurfit Kappa falls 10% and hits your stop-loss. Your loss would be £1,000.

This is provided for information purposes only. It should not be taken as a recommendation.