Renew Share Discussion Threads

[igoe104] 30/4/2015 15:00

Britannia picking up more new contracts.

NEW PROJECTS

Orbital Shopping Park, Swindon

Car park remodelling with associated hard and soft landscaping plus construction of a new management suite building – £5,500,000

[sheikh al utrati] 30/4/2015 14:11

It really makes me laugh how certain doom-monger disappears when share price rises, and re-appears swiftly when a pullback happens... :-) I even caught myself secrectly wishing the share price to fall a bit to get some more entertainment..

[santangello] 29/4/2015 13:58

MM's looking for stock pre results......when I would expect a touch way way away from the current region ??Still off the highs of not so long ago, so the move to £3.00+ not unexpected and therefore not really exciting me...especially when some of.my frequent purchases where arpund £3.15. Thankfully I also have a truckload from 88 - £1.00 :)

[thecroots] 29/4/2015 13:21

Blimey, what a rise over the past 10 days. Something clearly going on. I'm guessing results will be blinding again as per usual..!

[santangello] 28/4/2015 14:28

£3.00 is a tad conservative me thinks.Results and Broker updates that follow should endorse that.....

[intermale] 28/4/2015 14:22

Looks like my 3quid target is coming-again, I will catch it this time though
g` luck

[thecroots] 24/4/2015 18:57

not worried about cash flow at all. they generate strong cashflow. just look at the last 3 years results.

[rivaldo] 24/4/2015 07:23

The IC says Buy in its AIM 100 coverage....

"84. RENEW HOLDINGS

Earlier this month engineering group Renew Holdings (RNWH) announced that trading for the first half of 2015 would be ahead of the previous year, that its order book would be up and that net debt would be reduced. This built on record full-year results for its September year-end. The shares are 99 per cent up on our original buy tip. Yet its rapidly expanding order book and value-adding acquisitions – which have generated 64 per cent of revenue growth between 2009 and 2014 – makes us think there is more upside to come.

The Leeds-based group has profited from its shift away from construction markets and towards higher-margin engineering services. Last year, it acquired wireless infrastructure group Clarke Telecom and Forefront Group, which provides engineering services to the gas infrastructure market.

The group provides essential maintenance work and renewal of assets to highly regulated areas, a market that offers high barriers to entry. This means much of its work – around 80 per cent last year – is secured via frameworks and limits the competitive environment. In particular the group has expanded its footprint in the nuclear and railway sectors. Network Rail, for example, has appointed Renew’s AMCO Rail subsidiary to work on seven infrastructure frameworks, with an advertised value of £450m over the next five years. Analysts at Numis have set a target price of 335p for the shares, which are currently priced at 239p. Buy."

[igoe104] 23/4/2015 20:28

One of renew companies, VHE was on the one show earlier today.

[hvs] 23/4/2015 09:29

lol !!!!!

This is a solid company run by our STAR Brian May.

The results will be be astounding.

Wait and watch.

[intermale] 23/4/2015 09:22

Takeover news coming?

[harrogate] 23/4/2015 09:18

I suspect that the price is just recovering to where it was after some quite intensive PI selling triggered by a mixture of some of the blogging around the TU and continuing reaction to the CEO sell. Institutions picked up the stock and balance has been restored. Now need to see if it can push on towards £3 as the results come round and increasing order book and good cash generation is confirmed. A deal which I don't think is imminent would be icing on the cake!

[dlku] 22/4/2015 13:32

get stuck in before sunday telegraph

[dlku] 22/4/2015 13:06

Someone got a whiff of a deal

either that Big Jim has it in Sunday papers and then this is 400p on Monday

[dlku] 22/4/2015 12:21

maybe amcoII deal coming

[dlku] 22/4/2015 11:38

320p back on

[santangello] 22/4/2015 10:47

Technical correction, shorters gone and traders arriving pre results ???

[rivaldo] 22/4/2015 09:34

Moving up nicely again - seller gone perhaps.

The interims are less than a month away, and we know they'll be good.

Thx for the IC summary and the contract win updates above.

[macarre] 21/4/2015 20:44

No idea. Maybe people busy calculating their profit so far. The rise should continue over the next days supported by favourable technical indicators (and obviously strong fundamentals).

[wad collector] 21/4/2015 13:30

Oh look , the share price appears not to be diving , but recovering , why has the BB gone so quiet?

[andygibb101] 17/4/2015 09:52

Positive summary in IC top 100 AIM companies:

Earlier this month engineering group Renew Holdings (RNWH)
announced that trading for the first half of 2015 would be ahead of the
previous year, that its order book would be up and that net debt would
be reduced. This built on record full-year results for its September
year-end. The shares are 99 per cent up on our original buy tip. Yet its
rapidly expanding order book and value-adding acquisitions – which
have generated 64 per cent of revenue growth between 2009 and 2014
– makes us think there is more upside to come.

The Leeds-based group has profited from its shift away from construction
markets and towards higher-margin engineering services.
Last year, it acquired wireless infrastructure group Clarke Telecom and
Forefront Group, which provides engineering services to the gas infrastructure
market.
The group provides essential maintenance work and renewal of
assets to highly regulated areas, a market that offers high barriers to
entry. This means much of its work – around 80 per cent last year –
is secured via frameworks and limits the competitive environment. In
particular the group has expanded its footprint in the nuclear and railway
sectors. Network Rail, for example, has appointed Renew’s AMCO
Rail subsidiary to work on seven infrastructure frameworks, with an
advertised value of £450m over the next five years. Analysts at Numis
have set a target price of 335p for the shares, which are currently priced
at 239p. Buy. EP

[macarre] 16/4/2015 20:30

Another good rise today. Hopefully more to come. I'm staying in.