Renew Share Discussion Threads

[wad collector] 26/2/2021 18:23

It certainly looks like a profitable future sector, and if Clarke are a key player , then yet another reason to hold RNWH. Not that the share price reflects it. Tempted to add to my holdings just for a quick 10% trade .Surely this will be visiting 550 again before long?

[rivaldo] 26/2/2021 11:04

Per this Feb 17th press release, Darlington Borough Council "has added EV charging points to power its current fleet of nine electric vehicles that are used by its Building Services Department". And "The next stage of Darlington Borough Council’s plan is to update its 250-vehicle fleet to EV power", all part of a National Framework Agreement being implemented by Innogy. What has this to do with RNWH? Well, Clarke Telecom has a ClarkeEV subsidiary, who happen to be Innogy's installation partner - imagine the revenues accruing from this over the next decade or so....... Https://clarke-ev.com/about/ Https://myessentialfleet.co.uk/innogy-is-enabling-darlington-borough-councils-switch-to-electric-vehicle-power/ "innogy’s highly-skilled installation partner, Clarke EV, delivered all enabling civils works and electrical installs at Darlington Borough Council. This included charging points across its Allington Way and Lingfield Way depots. The innogy eClick and eBox chargers that form part of the new infrastructure can easily be swapped out or changed – a flexible and totally unique feature in the EV marketplace. “innogy eMobility and Clarke EV delivered a superb job that the team should be really proud of.” Gary Bennett, Waste & Transport Services Manager, Darlington Borough Council" "The EV charging point roll out at Darlington Borough Council comes hot on the heels of innogy’s collaboration with Oxford City Council which is striving to reduce the city’s CO2 emissions by 750 tonnes per year by switching its 27-strong refuse vehicle fleet to electric power."

[rivaldo] 22/2/2021 11:51

Cheers bsjll, belated thanks re the Numis upgrade to 660p. Let's hope an acquisition is close. RNWH should have the capacity to fund most or all of an acquisition from internal resources alone, unless the acquisition is particularly large and requires part-funding a la Carnell.

[rimau1] 22/2/2021 10:53

First top up in a while, since the covid crash actually when we could buy at £3.80 but happy to average up, spread is a killer but its worth it!

[wfcreserves] 19/2/2021 17:38

According to current market values we haven’t made up for the last placing and dilution yet!

[bsdjj] 18/2/2021 16:51

Yeah it is not as if a house broker has never put out a glowing research note and a few days later a placing is announced.I hope the acquisition is good....

[harrogate] 18/2/2021 16:12

Odd share price action today. I wonder if there is a placing coming here ?

[bsdjj] 18/2/2021 09:13

Numis have a 28 page note out today. Upgraded PT to 660p from 590p.

[rivaldo] 09/2/2021 08:34

Great to see Octopus buying more - they now have over 18%, so quite a commitment. I like the sound of the work in post 9374 above. Looks to be a sizeable job going forward.

[cwa1] 09/2/2021 07:48

Octopus' holding edging up... https://www.investegate.co.uk/renew-holdings-plc--rnwh-/rns/holding-s--in-company/202102090741294348O/

[igoe104] 05/2/2021 12:47

VHE Construction has now applied for planning permission to 'remediate' the land owned by the National Grid and used as a vehicle salvage yard. https://www.google.com/url?rct=j&sa=t&url=https://www.lancashiretelegraph.co.uk/news/blackburn/19065549.blackburn-gasworks-clean-up-lead-affordable-homes/&ct=ga&cd=CAEYACoTNDk4NjQzODQ4Nzk2MTU3NzM0OTIcMDM3NWZmMmQ4YTlhZGM3ODpjby51azplbjpHQg&usg=AFQjCNG6Led6peTnV7Li0et2X7BPGWgMwQ

[rivaldo] 03/2/2021 06:54

New £2m contract award yesterday to AmCo for culvert inspections and engineering works, for completion befoe the end of March: Https://bidstats.uk/tenders/2021/W05/744161554

[rivaldo] 02/2/2021 15:17

Always ignore the spread on the screen. The real spread online at present is only 530p-540p, though obviously it changes all the time and varies between brokers.

[krutt] 02/2/2021 14:56

Why such a large spread?

[zangdook] 02/2/2021 00:25

Thanks, Rivaldo, that's an interesting list. Four of the seven have PEs of 24 or higher, and two of those pay no dividends, which makes RNWH stand out even within that group. (I'm not so inclined to dismiss "suspiciously cheap" stocks - they just require a bit of investigation, but then any new investment does.)

[rivaldo] 01/2/2021 23:10

The IC have today screened the entire market using the stringent criteria below. Only seven AIM companies pass all nine tests (and none atall from the large caps). RNWH are one of them: Https://pdfs.investorschronicle.co.uk/IC_AlphaScreen_Quality_010221.pdf "AlphaScreens: the quest for quality 1 February 2021 Aim stocks lead the way in this month’s screen The holy grail for buy-and-hold investors is to find a business that is capable of generating a high return on capital and sustaining it while reinvesting profits. This screen looks for shares that display these quality characteristics and can potentially deliver significant compounded returns over time" "●An operating margin higher than the median average (mid-ranking) stockin each of the past three years (i.e. quality that shows some signs ofpersistence). ●A return on equity (RoE) higher than the median average (mid-ranking)stock in each of the past three years (i.e. again, quality that shows somesigns of persistence). ●RoE higher than it was two years ago (i.e. quality is improving as well aspersistent). ●Operating margin higher than it was two years ago (i.e. quality isimproving as well as persistent). ●A dividend-and-debt adjusted price/earnings growth (PEG) ratio belowthe top fifth of stocks screened (ie stocks must not be too egregiouslyexpensive for the growth on offer). ●A price/earnings (PE) ratio above the bottom 10 per cent of stocksscreened and below the top 10 per cent (i.e. not a suspiciously cheap ordangerously expensive valuation). ●Interest cover of more than five (i.e. high RoE is not overly dependent onthe use of debt). ●Forecast earnings growth for each of the next two financial years. ● Positive forecast free cash flow"

[tole] 28/1/2021 18:40

Fall looks a little exaggerated today.. but need to take into account it went ex-dividend today.This will be paid on 5 March 2021 to shareholders on the register as at 29 January 2021, with an ex-dividend date of 28 January 2021. As no interim dividend was paid to shareholders, this will represent a full year dividend of 8.33p per share

[rivaldo] 28/1/2021 09:12

Excellent news for RNWH's Clarke Telecom: Https://www.thetimes.co.uk/article/assault-on-mobile-not-spots-begins-skn27qm8x "Targeting of mobile ‘not spots’ begins Three leading mobile phone operators are to build and share hundreds of masts as the industry seeks to boost rural coverage. O2, Three, and Vodafone said that construction of the 222 masts would begin this year and be completed by 2024 as part of an agreement with the government and Ofcom, the regulator. A £1 billion programme to improve rural mobile coverage was agreed between operators, government and Ofcom in March last year to increase all operators’ 4G coverage to at least 90 per cent of the UK land mass and their aggregate coverage to 95 per cent by 2026. etc"

[wfcreserves] 28/1/2021 08:46

Perhaps we could get a Reddit group on it?

[wad collector] 27/1/2021 23:10

Ironic that the share price dropped all day having bounded up on statement ,but I think that was not about RNWH. There are even better times ahead here I think we mostly agree.

[rivaldo] 27/1/2021 07:37

Short and pretty sweet: - trading nicely in line, unaffected by the lockdown - order books continue to grow year on year - cash flow in line too That'll do for me (Tommy).

[wfcreserves] 27/1/2021 07:18

You got it

[wad collector] 26/1/2021 22:09

Last years statement was precisely 4 lines except for personnel news. 2017 was a garrulous 5 lines .I hope tomorrow there will be 4 short understated positive lines.

[rimau1] 26/1/2021 20:43

I am very confident of a bullish outlook statement tomorrow, usually a good sign with a late price rise. Is tomorrow the day that we finally breach the 580’s?

[cwa1] 26/1/2021 16:27

Fingers crossed for something acceptable