Stock market shock: printers outpacing All Ords in 2013

The share prices of 10 listed companies with activities in print, paper and packaging have risen by an average of 8.8% since 1 January, compared with 4.6% for the All Ordinaries. Only two of the firms have lost ground.

PMP has climbed 17.2%, Paperlinx 37%, Wellcom 7.8%, Colorpak 23.6% and Amcor 6.8%.

PMP has actually jumped 25.9% since it announced the sale of Pacific Micromarketing on 18 January.

[Related: Opus gets ASX listing]

It is notable that PMP's decision to focus on its core competency of printed communications seems to have been met warmly by the market.

Colorpak's shares have grown 23.6% in the year to date, with a 4.6% rise since it released its half-yearly results on 4 February.

Amcor is up 6.8% in 2013, with the stock rising 3.4% since NSW Premier Barry O'Farrell opened the packaging group's $500 million recycling plant on 1 February.

Opus Group has fallen 31.8% in 2013, which has included an earnings downgrade and news of a high-interest loan. Salmat, which sold its mail business in August, has slipped 4.3%.

According to a recent ProPrint poll, 48% of respondents thought listed print companies were undervalued, while 27% said they were overvalued.

 

Share price changes between 1 January and 6 February

Paperlinx +37%

Colorpak +23.6%

APN +18%

PMP +17.2%

Computershare +11.5%

Wellcom +7.8%

Amcor +6.8%

All Ordinaries + 4.6%

Fairfax Media +2%

Salmat -4.3%

Opus Group -31.8%

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