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Share Name Share Symbol Market Type Share ISIN Share Description
Renew Holdings Plc LSE:RNWH London Ordinary Share GB0005359004 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -10.00 -1.54% 640.00 643.00 656.00 659.00 641.00 657.00 91,240 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 620.4 32.1 26.8 23.9 503

Renew Share Discussion Threads

Showing 9726 to 9749 of 9750 messages
Chat Pages: 390  389  388  387  386  385  384  383  382  381  380  379  Older
DateSubjectAuthorDiscuss
10/6/2021
17:50
Well done hubrad. Thanks for the update.
mayers
10/6/2021
17:18
Still on the go, Mayers, in fact I got to play a stringed instrument with them a couple of years back. Excellent do!
hubrad
10/6/2021
15:33
What ever happened to the Colliery band?
mayers
10/6/2021
10:00
Grimethorpe, what a wondrous name. Takes me back to those Thatcher days of bashing miners and destroying British industry. Sorry Riv, I'm just too old :-)
johnrxx99
10/6/2021
09:16
News from Wednesday - VHE commencing work for a new client in GMI. GMI have annual £120m turnover per their web site: Https://www.vhe.co.uk/news/vhe-commence-works-for-gmi-at-grimethorpe-08-06-2021 "VHE commence works for GMI at Grimethorpe VHE have commenced enabling works package for new client GMI at Grimethorpe, South Yorkshire. VHE have strong historical links with the area having had our main base in Yorkshire for a number of years. VHE also constructed the Coalfields Link Road, which opened the area up for development aswell as Shafton Bypass and Cudworth Bypass all part of the regeneration of the area."
rivaldo
09/6/2021
11:26
Cheers bsdjj, good news.
rivaldo
09/6/2021
10:21
Peel Hunt upgraded price target to 750p from 700p. Forecasts unchanged but say they have more confidence in the outlook.
bsdjj
09/6/2021
08:24
This reads well from VP Group's results yesterday - RNWH are involved in each and every one of these sectors and projects: "Major infrastructure sectors, such as water, rail and transmission are primed for escalating growth in the coming year, added to which other major projects such as HS2 and Hinkley Point will continue to drive demand."
rivaldo
08/6/2021
15:04
Very good news for J Browne from last month covering the next five years: Https://jbconstruction.co.uk/news-blog/j-browne-construction-awarded-5-year-above-ground-framework-agreement-with-affinity-water Extracts: "J Browne Construction Awarded 5-Year Above Ground Framework Agreement with Affinity Water May 20, 2021 J Browne Construction is delighted to announce a 5-year extension to our existing Above Ground framework agreement with Affinity Water. The agreement is one of four infrastructure frameworks awarded to key partners, which combined are worth circa £100 million during AMP7.... .....These four contracts make up a significant part of the multi-million AMP7 Capital Investment Programme and will cover all regions served by Affinity Water. Under this framework the four key partners will be delivering over 100 different projects providing civil engineering, M&E, process treatment and pumping station projects. Steve Plumb, Director of Asset Strategy and Capital Delivery said: “Affinity Water is pleased to sign this long-term agreement with J Browne Construction to support in the delivery of our challenging above ground assets programme. These frameworks adopt a more collaborative approach focussing on achieving shared programme value and efficiencies. We look forward to a successful relationship with each partner”.
rivaldo
08/6/2021
08:44
Nice article about RNWH with rather positive conclusions: Https://www.stockopedia.com/articles/two-factors-the-market-might-be-missing-with-renew-holdings-220139/ Extracts: "One of the quality metrics for Renew Holdings is that it passes 8 of the 9 financial tests in the Piotroski F-Score. The F-Score is a world-class accounting-based checklist for finding stocks with an improving financial health trend. A good F-Score suggests that the company has strong signs of quality." "A rule of thumb for a reasonable Earnings Yield might be 5%, and the Earnings Yield for Renew Holdings is currently 6.58%. In summary, good quality and relatively cheap valuations are pointers to those stocks that are some of the most appealing to contrarian value investors. It's among these shares that genuine mis-pricing can be found. Once the market recognises that these quality firms are on sale, those prices often rebound."
rivaldo
07/6/2021
17:04
Better hold the front page WFC! IC ran an article at the weekend on green energy and pointing out the inevitable role of nuclear to fill the gap before more sustainable energy sources dominate the supply. It pointed out the long tail of decommissioning and the high bar to entry , mentioning RNWH in the sector. Not really news but highlighting the strong position.
wad collector
04/6/2021
17:55
@wad collector There was another zero volume trade today so insignificant they couldn't work out whether it was a buy or sell.
wfcreserves
04/6/2021
13:28
This looks like very good news - two "multi million pound" contracts for the Nuclear Decommissioning (NDL) consortium which includes RNWH's Shepley Engineers at the nuclear decommissioning project at Dounreay. These are obviously good news in themselves, but being the first major contract wins for NDL under the Decommissioning Services Framework (DSF) should also bode well for more and bigger wins in the coming years given the £billions of work which will be necessary: Https://www.neimagazine.com/news/newsndl-consortium-wins-two-decommissioning-projects-at-dounreay-8788483 Extracts: "NDL consortium wins two decommissioning projects at Dounreay 3 June 2021 The UK-based Nuclear Decommissioning Ltd (NDL) consortium has won a multi million pound design contract related to the Prototype Fast Reactor Facility (PFR) decommissioning project at Dounreay in Scotland. Joint venture group NDL brings together four nuclear decommissioning businesses – James Fisher Nuclear (JFN), Shepley Engineers, React Engineering and Tetra Tech – appointed to support the clean-up and demolition of former experimental fast reactor site at Dounreay, being caried out by Dounreay Site Restoration Ltd (DSRL) on behalf of the Nuclear Decommissioning Authority (NDA). This is the first major contract win for NDL under the Decommissioning Services Framework (DSF). The removal of irradiated fuel (IF) from site is a key goal for NDA and will significantly advance decommissioning progress on site. The consortium will be working collaboratively with DSRL to provide all scheme designs for plant, equipment and systems.... ....NDL has also won a multi-million pound project related to decommissioning strategy for the Highly Active Liquor Storage and Evaporation Facility (HALSEF) at Dounreay. The NDL consortium partners will develop an integrated concept and scheme decommissioning plans for HALSEF. JNF said key to this approach will be enhanced stakeholder engagement at every stage, with NDL and DSRL working in collaboration to deliver a successful outcome. The decommissioning strategy will adopt a ‘Waste Informed Decommissioning’ approach to optimise waste streams throughout the decommissioning process, to minimise cost and required Intermediate Level Waste (ILW) storage provisions."
rivaldo
02/6/2021
16:46
About as insignificant as you can get!
wad collector
02/6/2021
09:37
What’s the significance if any of three reported trades at different prices but nil volume?
wfcreserves
02/6/2021
08:13
Even better :o)) Cheers (and corrected).
rivaldo
02/6/2021
07:32
Bullish coverage from Shore Capital - they have a 740p target price: Https://citywire.co.uk/funds-insider/news/the-expert-view-ssp-senior-wickes-renew-and-redde-northgate/a1514422?ref=citywire-money-latest-news-list#i=5 "Renew worthy of a bigger rerating, says Shore Capital Engineer Renew (RNWH) is a less risky business than the market is giving it credit for, says Shore Capital. Analyst Tom Fraine retained his ‘buy’ recommendation on the stock after the group acquired engineering services company Rail Electrification for £5.3m, expanding its capabilities in the electrification of train lines. ‘We continue to believe Renew has a much lower risk profile than the market perceives, possibly due to associations with peers servicing much larger fixed contracts,’ said Fraine. ‘Renew’s ability to control costs and resilience during the pandemic has been much greater than the majority of industrials and worthy of an even greater rerating. We believe Renew represents a good opportunity for investors seeking to benefit from the UK government’s commitment to invest £640bn in infrastructure over the next five years.’"
rivaldo
01/6/2021
13:38
A good article about today's acquisition here, with much more detail than in the RNS - an impressive client list for a small company, which must be a great base from which to win some of the huge additional electrification work coming along: Https://www.insidermedia.com/news/yorkshire/renew-holdings-acquires-rail-electrification-specialist Extracts: "REL provides services and road rail plant for the installation and commissioning of overhead line electrification (OLE) in both the light and heavy rail infrastructure sectors across the UK. Clients include Costain, ABC, Crossrail and Hochteif" "The REL team, including the management trio of Scott Kernachan, Mark Potts and Kenny Barr, will join QTS at its Scottish HQ in Drumclog, South Lanarkshire." "By adding REL to the QTS Group, we are joining forces with a leading business in this area, which will be a great benefit to the work that we deliver for our clients." Scott Kernachan added: "Through this deal, we are opening up the future of REL to even greater possibilities. As QTS already has its Principal Contractor license, and a number of frameworks in place, it really transforms the opportunities available for us as experts in electrification."
rivaldo
01/6/2021
10:31
That is a lot of rail line to electrify! I see the estimates for electrification costs come in @ £0.5M to £2M a km . So even with economy of scale and experience pushing prices down to the lowest level that would be £7.5 Billion . Good to have a chunk of that contract , even a small fraction....
wad collector
01/6/2021
07:31
Looks like a bargain acceleration into the overhead electrification sector - with much of the consideration dependent on performance. There's likely to be huge amounts of work being doled out soon in this area: "As part of the UK Government's commitment to delivering a carbon neutral rail network by 2040 for England and Wales and by 2035 for Scotland, it is estimated that there will be around 15,000 single track kilometres of new electrification carried out across Network Rail's controlled infrastructure over this period. The recently released Williams Rail Review states that electrification is likely to be the main way of decarbonising the rail network."
rivaldo
01/6/2021
07:06
Acquisition in rail electrification:- Paul Scott, Chief Executive of Renew, commented: "The rail network has a crucial part to play in supporting the UK's commitment to Net Zero 2050 and this acquisition will help enable Renew to play a bigger part in Britain's green economic recovery. REL is a highly regarded business with a strong track record and will enable us to broaden our service offering within our Rail business. Our existing multidisciplinary rail capability, complemented by the electrification expertise of REL, leaves Renew ideally positioned to play its part in delivering a decarbonised railway. Rail electrification offers attractive long term structural growth opportunities underpinned by highly visible committed regulatory spend in a sector that we know extremely well. I am delighted to welcome the management and staff of REL to the Renew family."
cwa1
24/5/2021
07:28
Good news for Carnell Group this morning, with OFGEM announcing £300m of additional funding for highways cabling to build up the UK's electric charging infrastructure. This will in time of course also benefit Clarke EV's electric charge point build-out services too: Https://www.investegate.co.uk/ofgem/rns/ofgem---300m-down-payment-to-rewire-britain/202105240700075089Z/
rivaldo
21/5/2021
08:13
Cheers Tole - 740p is even higher than the 730p mooted in their initial note after the results :o))
rivaldo
21/5/2021
06:43
https://citywire.co.uk/funds-insider/news/expert-view-bt-national-grid-dominos-renew-and-euromoney/a1510413?ref=citywire-money-latest-news-list#i=5Shore Capital RenewEngineering group Renew (RNWH) is already performing ahead of forecasts and is well placed to benefit from the government's plan to pump money into infrastructure, according to Shore Capital.Analyst Tom Fraine retained his 'buy' recommendation and increased his 'fair value' target price from 700p to 740p on the stock, which was closed up 3.4%, or 22p, at 662p yesterday.The group reported 12% organic revenue growth in the six months to end of March, while operating profit was up 11% and earnings per share increased by 14%.This led Fraine to upgrade full-year 2021 revenue and profit forecasts by 3%, even before adding in the impact of newly acquired water engineering services company J Browne.'[We] see scope to upgraded these by a further 6%,' he said.'We consider Renew to be in an excellent position to benefit from the UK government's commitment to invest £640bn in infrastructure over the next five years and Network Rail's £800m electrification programme to decarbonise the railways.'
tole
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