Renishaw Share Discussion Threads

[philanderer] 18/4/2024 14:22

Oh dear, bang on support here. Next chart support at 3500p

[edwardt] 15/4/2024 13:35

Looks like decent improvements from an operational standpoint..

[philanderer] 13/4/2024 00:14

'Materialise and Renishaw partner to improve metal AM efficiency'

[philanderer] 10/4/2024 15:11

Renishaw to showcase British engineering excellence and innovative smart manufacturing solutions at MACH 2024

[philanderer] 10/4/2024 14:29

US inflation figures clobbering a few today. Delay for interest rate cuts.

[edwardt] 05/4/2024 09:49

very strong quarter for samsung which should have a trickle effect here.

[philanderer] 04/4/2024 00:07

MARKET REPORT: Renishaw 'still a target' in Footsie feeding frenzy

[edwardt] 03/4/2024 15:00

maybe but would not be surprised if we wake up to a bid one of these days.

[philanderer] 03/4/2024 14:15

Back to 4000p by the look of it.

[edwardt] 03/4/2024 10:31

i would hope danaher or mettler are most likely - even hexagon could be a candidate. the outside chance would be fanuc but i guess with the yen on its knees they might not be in a pistion to bid. here's hoping anyway

[philanderer] 03/4/2024 10:29

At 0910 BST, Renishaw shares were down 3.5% at 4,200p.

Russ Mould, investment director at AJ Bell, said: "While Siemens may have poured cold water on speculation that it wants to buy precision engineer Renishaw, the latter still remains a prime takeover candidate.

"Renishaw ticks the right boxes to be a bid target. It has specialist skills and a long track record of generating value for stakeholders. Its fortunes are heavily tied to the semiconductor industry where the prospects are improving after a year of oversupply. Furthermore, 52.8% of the company is owned by Renishaw’s co-founders David McMurtry and John Deer, both of whom are in their 80s and want to sell down their positions.


Sharecast.com

[edwardt] 03/4/2024 10:23

it was put up for sale on 7 times forward sales. it is now circa 4 times. i would take 5.5!

[philanderer] 03/4/2024 10:11

The games people play ;-)

[edwardt] 03/4/2024 07:49

Odd unless the old boys have instructed bankers to kick the tyres and dust off the old info memorandum

[philanderer] 02/4/2024 19:14

As I read it they were not in talks but if they want to bid they have to wait for 6 months now or they can counterbid before that if another bidder shows up within those 6 months.

[9degrees] 02/4/2024 19:04

lots of little selling just before bell - leaks like a sieve

[edwardt] 02/4/2024 17:52

well does that mean they were in talks?? bit light on detail that!

[philanderer] 02/4/2024 17:43

RNS re Siemens released after the market closed

[edwardt] 02/4/2024 16:08

probably a large order being worked...

[philanderer] 02/4/2024 15:49

or maybe not ;-)

[edwardt] 02/4/2024 15:25

ignore me that was short lived!

[edwardt] 02/4/2024 15:12

oi oi what's caused the uptick?

[philanderer] 14/3/2024 00:49

This engineering firm has profited from China and will soar when interest rates fall

Questor share tip: the company’s solid balance sheet and sound strategy mean its risk/reward ratio remains appealing

[edwardt] 07/3/2024 18:38

Amazed more are not looking at this stock . Deadly quiet on here

[edwardt] 12/2/2024 18:40

Double upgrade from ubs today.