Renew Share Discussion Threads

[rivaldo] 17/3/2017 11:14

Looks like an opportunity for buyers - perhaps an MM ploy to get some stock in on a quiet Cheltenham Gold Cup day, given the tiny volumes and the completely disproportionate fall (unless there are hefty trades still to be reported, which is unlikely).

[tanneg] 16/3/2017 06:34

I can't post it for some reason - a iii article of 10 great stocks that meet Jim Slater’s Zulu strategy rules which included Renew - noticed on ELCO thread

[rivaldo] 15/3/2017 22:47

Where? :o))

[rivaldo] 10/3/2017 11:31

Finncap today reiterated their Buy and 586p target:

[rivaldo] 02/3/2017 13:34

Big job for Network Rail's "orange army" at Liverpool Lime Street after the embankment wall collapse:



I note that in particular there is some tunnel work involved. As additional emergency work a la Dawlish this could be a nice boost for AMCO just before the half year end.

[rivaldo] 28/2/2017 11:40

New highs, and buying coming in at 486p-487p now.

New article about AMCO's rather revolutionary tunnel screen for safer and more efficient tunnel working:

[broadwood] 27/2/2017 09:17

Likewise rivaldo - retained holding from original purchase in entirety.

As you say different strokes etc - I buy and hold unless the positive story changes in any way.

[rivaldo] 27/2/2017 08:21

Wad collector wasn't being apologetic to "Ronaldo" or anyone else :o)) This is fortunately a thread with sensible discussion and a little light humour/ribbing.

RNWH is a multibagger for me, and to date I haven't sold a single share. But others have different strategies, and that's perfectly understandable - different strokes for different folks.

Impressive tunnel engineering here from AMCO Rail:

[wad collector] 24/2/2017 20:38

Just spotted my name change ; must have been subliminal!

[mayers] 24/2/2017 15:23

wad collector

I agree with your sentiments. I realised 15% of my holding a few days ago and although the share price has risen a little since then, I do not regret it. I do not think you have any need to be apologetic to "Ronaldo". Best wishes.

[wad collector] 24/2/2017 13:10

Let some go at 475 , highest sell of the day so far I think. Strictly trading Ronaldo , hanging onto main holding , I just think the market is a bit overblown and just waiting for a Greek Debt crisis or a Trump invasion of North Korea !

[rivaldo] 24/2/2017 09:58

Thx mate for the copy of the tip.

A couple of interesting extracts. Firstly, more acquisitions are on the cards:

"In November, the group acquired former client Giffen, a specialist in mechanical, electrical and power services to railways, for £5m. This business has four frameworks with Network Rail and six with London Underground. Management hopes this will pave the way for the group as a whole to gain more civil engineering work with London Underground. Following this purchase, analysts at Numis upgraded their pre-tax profit and EPS forecasts by 4 per cent for 2017. Management has signalled its intention to make further bolt-on acquisitions. The group has the means to do so, with a net cash balance of almost £5m"

And:

"In 2012, management set targets for sales in excess of £500m and an operating profit margin of at least 4.5 per cent by 2017. The group beat its sales target two years ahead of schedule and is on track to achieve its targeted operating profit margin this year. In 2016, this margin was 4.2 per cent."

[nurdin] 24/2/2017 08:35

Interesting...thanks

[penpont] 24/2/2017 08:24

A main tip in IC today.

[rivaldo] 24/2/2017 08:23

More new highs now.

[hopeful holder] 23/2/2017 14:34

Generally the large spread on these has put me off trading as we go along. I generally look at topping up on falls as we had in the last few days.

[imranawan] 23/2/2017 14:02

I know what you mean wadcollector, as I trimmed my holding a little this morning to manage the risk in my p/folio.

[hopeful holder] 18/2/2017 10:34

They have a nicely profitable business growing well and able to have funds to buy smaller businesses if required to compliment and build upon current business. I bought more a few weeks ago such is my confidence here.

[wad collector] 15/2/2017 14:02

Excellent ; despite being xd 3 weeks ago now moved to new high ( About 20 yr high by my recollection). And yet still looks like more to come....

[rivaldo] 09/2/2017 15:22

Nice £89,000 buy at 455p just reported.

OT : hvs, succinctly put :o))

[rivaldo] 08/2/2017 07:25

WS Atkins released a solid trading statement this morning, and these extracts in particular bode well for RNWH's involvement at Sellafield and in infrastructure generally:

"Our nuclear business, which represents around 70% of our energy segment, has performed well in the period. We are encouraged to see an improved project flow at Sellafield"

"Trading performance in our UK and Europe business has continued strongly through the third quarter, with good delivery on a number of projects in the period. We continue to address strong, albeit competitive, markets as the Government supports infrastructure projects in energy, high speed rail, highways and airports"