Renold Share Discussion Threads

[dozey1] 17/4/2012 14:07

Down 9.6% now. Can't see why it should have been caned like this. Such volatility will reinforce stale bulls, with little to shift the price upwards until (and if) they post some actual very good figures.

[darlocst] 17/4/2012 09:18

H2 lower revenue than H1 doesn't bode well for 2013 where revenue was forecast to increase by 7% and EPS to increase by 50%.

Europe is 40% of group sales so I'd say forecasts for 2013 have to be revised downwards (which of course does give some scope for upside if the eurozone starts to improve in the over the next six months).

Can't see much upside over 40p for now, given debt & pension liabilities + eurozone sales.

[rivaldo] 17/4/2012 07:12

Excellent trading update - guaranteed 4.1p or so historic EPS to 31/3/12 (i.e around 2.3p adjusted EPS in H2 alone, boding well for this year):



Gearing in particular is nicely reduced. RNO's global reach is the attraction here and is keeping things bubbling whilst Europe sorts itself out.

EDIT : hmmm...short-termers exiting, or have I missed something?!

[hardhatboon] 12/4/2012 19:41

Very quiet on this thread...considering statement due and things in right direction...

[limit up] 20/3/2012 16:24

rivaldo
i am looking for this stock to be back on the dvd list this year,which will also help on a re rating..long term here,good to be in profit!!

[rivaldo] 19/3/2012 10:20

New recent highs now - and on decent volumes too.

I suppose Bob Davies' share transactions are primarily tax-driven, and ours is not to know why except to assume that he's trying to shelter anticipated gains in the most efficient fashion.

[puffintickler] 19/3/2012 09:03

Probably some tax reason, but frankly it is not worth trying to work it out. As there is no net buy or sell it is not worth a mention.

[fishbournetrader] 19/3/2012 08:54

How confusing can these RNS be? The one today seems to be the official confirmation of the notification put out on Friday, except that today's one does not state which way the transfer went. Based on Friday's, Bob Davies has bought 150,000 shares from his own pension plan. Why would he do that?
As the share price is up today, the market does not seem to mind.

[rivaldo] 19/3/2012 08:13

Good start to the week....

[puffintickler] 17/3/2012 19:26

He did not buy any in fact

The shares were purchased from Mr Davies' Self Invested Pension Plan managed by Alliance Trust Savings Nominees Limited. There is therefore no change in his beneficial interest, including the beneficial holdings of his connected persons, following the transaction. His beneficial interest before and after the transaction is set out below:

[henryatkin] 16/3/2012 16:07

So, the boss buys 150,000 shares @ the current share price a few weeks before the results. Looks good.

[hardhatboon] 15/3/2012 13:24

Steve M - thanks. I'm a noob on this so appreciate the help.

[stevemarkus] 14/3/2012 10:49

If you look at last years announcements, the Pre-Close Trading Update was on 14th April, with full year results on 31st May. Suggest you take a look at www.investegate.co.uk - easy enough to find. As for share price movements, depends on what's in the statement and what mood the market is in. So anyone's guess.

Cheers,
Steve.

[hardhatboon] 13/3/2012 20:46

Anyone know what day the year end trading statement is due? Interested also to understand any views on whether the statement might be the end of the rise or if folks are expecting more rises after the statement and the next IMS after that.

[limit up] 13/3/2012 14:42

looking good here,all the other shares in the sector,are also doing very well,time for this to play catch up.
regds

[go with the flow] 12/3/2012 17:20

Thanks - just received it ;o)
Flow

[rivaldo] 12/3/2012 10:09

New highs again this morning.

Cambo, I've just e-mailed you re your message above.

[go with the flow] 10/3/2012 18:57

Yes
Flow

[cambium] 09/3/2012 14:17

Have you still got youyr Leyton orient email address? Its just come back returned

[cambium] 09/3/2012 14:13

Im still holding too Rivaldo

[rivaldo] 09/3/2012 14:10

...and there are the new highs.

[rivaldo] 06/3/2012 08:27

Early and healthy volumes of 325,000 shares and looking for new recent highs now.

[rivaldo] 01/3/2012 12:01

Following the recent very bullish IMS we should get:

- a year end trading statement next month
- then the final results on 29th May
- and the AGM/IMS statement in July

so there's plenty of room for continued positive news flow over the next few months to keep the share price bubbling.

[limit up] 01/3/2012 10:47

The share price feels very strong,especially with all the recent volume over the last 2 months ,which is good..
regds

[gleach23] 01/3/2012 10:01

yes riv...looking good today. let's hope that the recent time spent getting through 35 means we can push quickly through the 36-38 turbulence prevalent for so long last year