||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Renishaw Share Discussion Threads
Showing 926 to 947 of 950 messages
|Personally looking to buy in at 2300 as the chart seems to be pointing in that direction. The dividend is around 2% so could be worse and the potential for growth is certainly there|
|Cheers for that. Thanks most appreciated.|
|Dividend per share (pence) 48.0 46.5 +3.2%
last year and year before so not really a significant yield at all but really - despite the reaction last year to the fall off in Far Eastern business - we are looking a a growth stock (I hope!) with its own technology and high investment in new product development.
Presumably just over 50p next year payable via an interim and final.|
|Whats the div like here guys?|
|Theresa May was here last week after autumn statement - on BBC news and you could just read the banner saying Renishaw !|
|red - excellent. Go easy on the prawn sandwiches.|
RSW is No1, No2 and No3 on my list.
Guess that I rate the company.
All being well, I will be at the AGM next week.
It seems two days of fairly dramatic moves is pointing to something a bit more than a currency windfall.
We'll soon know.
|Don't get too excited Broadwood :)
You are supposed to be the oasis of calm !!
AGM next week.
Sterling going down against dollar so the cash should
be piling up in the RSW kitty.
Pay out on 17th
|What's going on here?
No one seems to hold.
Red - I thought you hadn't deserted?|
|REDS, remarkable recovery story not yet well known. Trading update 5th September.
REDS provides software applications for smart buildings and counts pharmaceutical giant GlaxoSmithKline and real estate player Meyer Bergman among its customers.
Constant flow of new contracts with large multinationals.
They got recently a 12 million contract with UBS which represented 50% of REDS' market capital! UBS have 700 more branches needing possibly the same service.
New CEO Mark Braund very positive and invested his own money along with the financial director. Mark is a specialist in turning around struggling companies. He has already done it with REDS in less than a year.
|Reassuring - hence breakout.|
|For What its worth it seems that the FY16 results just out slightly exceeded the brokers consensus expectations with EPS at 95p versus expectations of 86.7p
RSW is now trading on a historic P/E of 25.8 which probably reflects the expectation of earnings boosts or increased sales from the drop in the pound on top of currently forecast growth. Who knows? we shall see?
Initial market response is positive with shares up just slightly on the day.
Nothing much in the outlook statement to get excited about so RSW remains a hold for me, though I will certainly add more if the share price suffers any dips in absence of news.
|I guess huge beneficiary of weaker sterling|
|Crikey. I might have my money back soon.|
|Phenomenal price action. Unfortunately have missed the whole trip on the back of major averages not making much headway but best of luck to those who held on and are enjoying the rise|
|Uncertain maybe but it's weathered last week's storm and is pushing ever upwards toward one year highs.|
|News against expectations - that's what it's all about and this explains today's price action. Great business, uncertain (near) future.|
|I'm surprised but pleased at a 5% rise on those results, but the market is always perverse.|
|Revenue at Renishaw fell in the third quarter, the company revealed on Wednesday, to £109.6m from £145.9m a year earlier.
The FTSE 250 firm's cumulative revenue for the nine months to 31 March also fell to £308.1m, compared with £369.7m for the same period last year.
Renishaw had noted in its half-year statement that revenue last year benefitted from a number of large orders in the Far East which have not been repeated to the same extent this year.
Foreign exchange was also proving a headache for the company's numbers - after adjusting for that and the lack of large Asian orders, the board claimed underlying growth of 5%.
Profit before tax for the third quarter was £20.2m, down from £53.2m, and cumulative profit before tax up to the end of March was £46.3m, compared with £109.8m last year.
The company's cash balances at the end of March were £48.8m, down from £74m a year ago, which includes the pension fund escrow account of £15.7m and after year-to-date capital expenditure of £38m.
"[We have] agreed that Kath Durrant, currently a non-executive director of the company and member of the remuneration committee, should take the role of chair of the remuneration committee with immediate effect," Renishaw's board said in a statement attached to the trading update.
"She replaces David Grant, who remains the senior independent director and member of the remuneration and audit committees, and the board thanks him for his contribution as chair of the remuneration committee."
Renishaw reaffirmed its full-year expectations for revenue to be in the range of £420m-£440m, and a profit before tax in the range of £67m-£83m|
|No nasty surprises, but then again, as with other manufacturing companies, not much business to be had.
Wait it out is the answer?|
|I didn't actually sell after the March update thinking better of it.
So far, market is happy there are no further nasty surprises.|