Renew Share Discussion Threads

[rivaldo] 14/12/2016 09:49

Big report out today re the need for loads more telecoms masts and infrastructure to support 4G and future 5G networks in the UK:



which has to be good news for RNWH's Clarke Telecom - "the UK and Ireland's premier wireless telecommunications infrastructure service provider".

[rivaldo] 08/12/2016 11:40

SCSW had a nice summary of RNWH's results last weekend, concluding that it's a "Strong hold for more".

They met with the new CEO (who's actually already been there 18 years running the nuclear and engineering services divisions).

"Strong growth" was seen in nuclear and rail, and water is now ramping up being at the start of the AMP6 cycle. Telecoms is picking up (as we've seen from recent news), and gas has been revamped.

Interestingly RNWH are still looking out for more acquisitions in addition to the recent Giffen purchase, particularly in water.

So SCSW say "there could be deals and upgrades in 2017".

[wad collector] 02/12/2016 17:00

It does , though as harrogate suggests , it could easily drop back in the short term. I have traded these a fair bit as well as holding long term and have so far resisted the temptation to top slice . They are now the biggest holding in my portfolio and that usually makes me nervous . But not here.

[rivaldo] 02/12/2016 11:06

Wad collector, only last month WH Ireland increased their target price to 470p, and Numis to 450p.

I think it's just the case that a seller or two have been holding the price back, and the dam has now burst.

IMO given the fundamentals, the secure income streams and the potential for accelerated growth from a number of sectors and projects RNWH should continue to be a good investment for some time to come.

[harrogate] 02/12/2016 10:44

The broker notes all came out just after the results so I doubt it. Nothing new in them and in fact I thought the 2018 EPS number was disappointing and thought it would hold back the price. A couple of II have increased holdings and it looks like they got a positive response form the various City meetings they held after the results. Looks fully priced to me but what do I know!!

[wad collector] 02/12/2016 10:37

Even better now ; a broker note out somewhere?

[rivaldo] 02/12/2016 10:04

New highs now.

OT : SCH is worth a look imho after today's trading statement.

[rivaldo] 01/12/2016 09:34

RNS - good to see Charles Stanley buying and going above 5% with 3.12m shares:

[rivaldo] 29/11/2016 09:17

Excellent news - Clarke Telecom have won a place as a supplier on this new £200m infrastructure framework:



"Home Office awards £200m ADB agreement to support ESN
Neil Merrett
Published 25 November 2016

Five suppliers take places on new framework designed to undertake a series of competitions to implement, construct and manage passive infrastructure requirements for ESMCP

The Home Office has awarded a £200m valued framework agreement to design, develop and support key infrastructure that will underpin the Emergency Services Network (ESN).

In total, five suppliers have been awarded places on the Acquire, Design and Build (ADB) agreement. This will be used to procure a number of functions including the acquisition and management of greenfield sites on which to build “passive infrastructure” such as radio and transmission bases and masts.

ESN is the government’s chosen option to replace the existing Airwave service used by key responders as part of a procurement exercise currently broken up into three separate lots. The network is intended to serve as an interoperable communication service that will make use of the existing commercial 4G network to try and save costs as part of a service overhaul in the form of the Emergency Services Mobile Communications Programme (ESMCP) launched in 2011.

The award of the ADB framework represents a wider focus as part of ESMCP to provide additional products and services within dispersed geographical areas to ensure ESN can be more effectively delivered nationwide.

Out of nine tenders received by the Home Office, the suppliers awarded places on the framework include Ericsson, Obelisk Communications and Lend Lease Construction. Clarke Telecom and Daly International are also included.

etc"

[glaws2] 26/11/2016 06:05

New closing all time high - all these mentions in the press having an effect.

[santangello] 25/11/2016 17:19

Many thanks for sharing as ever Rivaldo.

[rivaldo] 25/11/2016 14:59

It's easy enough to find on the interweb wad collector. I'm sure there are bigger fish to fry than myself :o))

[wad collector] 25/11/2016 14:34

Thanks for that , hope the copyright police don't knock on your door :-)

[harrogate] 25/11/2016 10:12

The results presentation that they used for the meetings this week is now on the website. Shows clearly the slowing organic growth they had in 2016. Looks steady as she goes for 2017

[rivaldo] 25/11/2016 09:55

Cheers Glaws, good to know - should bring in more buying.

Talking of which....the RNS just out shows Hargreave Hale have been buying more too. They're now up above 15%, with 9.39m shares. Their last disclosure was for 8.75m shares, so they've actually bought 640,000 shares since then:

[glaws2] 25/11/2016 09:08

Recommended in Questor column (which i behind a paywall).

[rivaldo] 25/11/2016 08:46

Shares Magazine this week also names RNWH as a key beneficiary of the Autumn Statement:

"The Autumn Statement fleshed out a pledge by the Government to boost spending on infrastructure, from better transport links to more efficient telecom networks.

We see several beneficiaries from this announcement. Engineering services specialist Renew Holdings (RNWH:AIM) could get a boost from both rail and land remediation work. The Government wants to test digital signalling on the UK rail network and squeeze more capacity out of existing rail infrastructure."

[rivaldo] 24/11/2016 09:28

Indeed Harrogate.

Here's a specific mention for RNWH as one of the winners from the Autumn Statement, from Russ Mould, investment director at stockbroker AJ Bell:



"Mould continued, ‘Infrastructure plays such as.....Renew Holdings will doubtless welcome more spend on road and railways"

[harrogate] 24/11/2016 07:31

And you would hope that Clarke Telecom get some work on the proposed 5G rollout - mots of the current work is in 4G - Generally a positive statement for Renew I think.

[rivaldo] 23/11/2016 23:35

Today's Autumn Statement noted "that the government will spend £450m of the NPIF cash on trials for digital signalling technologies on the rail networks, with an aim of expanding capacity and improving reliability":



It just so happens that the Giffen Group - acquired by RNWH just 3 weeks ago - specialises in "the capability to design, install, test and commission major signalling projects":



Bingo :o))

[wad collector] 23/11/2016 11:10

270k sells just now (at least on level 1), curiously the MMs have marked the price up afterwards.

[rivaldo] 23/11/2016 07:35

Cheers - here's a direct link:



Conclusion:

"Renew has shown good PEG valuations in recent years, and though forecasts suggest a bit of a rise to 0.7 in the coming year, I think that’s still within an attractive growth range. With a forward P/E of 12.3, I can see a small cap growth opportunity here — and with a market cap of £240m company, I don’t think the risks are too great."

[mfhmfh] 22/11/2016 21:37

hxxp://money.aol.co.uk/2016/11/22/renew-holdings-plc-looks-set-for-further-growth-after-10-rise-i/