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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
  -4.00 -0.79% 500.00 490.00 500.00 504.00 488.00 496.00 56,286 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 600.6 37.8 29.6 16.9 393

Renew Share Discussion Threads

Showing 9201 to 9225 of 9525 messages
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DateSubjectAuthorDiscuss
13/12/2019
11:56
a link to today’s positive Questor write up on Renew Holdings in today’s Daily Telegraph: Https://twitter.com/WalbrookPR/status/1205454922331951104?s=20
davidosh
13/12/2019
10:32
Great start, with buying coming in at 480p now. Almost at the 2017 all-time highs. Yet still only on a current year P/E of 11, with earnings-enhancing acquisitions likely, record order books and secure income streams in a number of growing sectors.
rivaldo
12/12/2019
22:40
Very nice £84,000 buy at 463p reported late. The exit poll is looking good for the markets too.....
rivaldo
12/12/2019
16:30
Gathering pace in anticipation of a big conservative infrastructure spend.
igoe104
12/12/2019
16:22
Ooh , looking even perkier. Glad I hold a lot.
wad collector
12/12/2019
11:25
Great to see the bid price up to 439p and buying at 444.7p now.
rivaldo
10/12/2019
07:36
RNWH tipped overnight by Finncap in a new article here.... Https://www.globalbankingandfinance.com/state-sponsored-uk-infrastructure-boost-likely-whichever-of-the-main-parties-wins-the-general-election/ Extracts: "State-Sponsored UK Infrastructure Boost Likely Whichever Of The Main Parties Wins The General Election" Investors looking to profit from UK infrastructure plays should consider contractors which are relatively undervalued and separated from overall project risk such as Renew and Van Elle" "Whichever of the main political parties wins the General Election, the UK is set for a state-sponsored infrastructure boost as a result of the Labour and Conservative manifesto promises alongside already committed significant railway investment. Given that the business models of tier one contractors, such as Kier, Costain and Balfour Beatty, have already been questioned and their share price has suffered, investors seeking to profit from UK infrastructure plays should consider contractors, which are relatively undervalued and separated from overall project risk, such as Renew Holdings plc and Van Elle Holdings plc. These are the conclusions of a new research report by the leading adviser and broker to ambitious growth companies, finnCap Group plc. The report highlights the three key drivers of significant public infrastructure spending, which look set to continue in the coming years, and should make the sector an attractive investment opportunity.... .....The Conservatives’ manifesto highlights Northern Powerhouse Rail, the Midlands Rail Hub, upgrading flood defences and a £28.8bn investment in roads, as priorities for the additional £100bn.... ....The second driver of the infrastructure boost in the coming years is Network Rail’s “Control Period 6” (CP6) – the ambitious strategic business plan outlining all rail projects, works and improvements to be delivered between 2019 and 2024, which promises a 25% increase in renewal and maintenance spend in rail. Crucially, CP6 also commits Network Rail to make it easier for external providers to compete and carry out work on the railway directly. The growing rail network needs to be maintained and supported, and the forecast expenditure of £53bn will provide significant growth opportunities for suppliers and partners. The third and final driver is that even though a review of HS2 is due to be published after the election, the headline recommendation from a leaked version of the report was for the Government to push on with the project, including the full Y-shaped line from London to Manchester and Leeds and the estimated £88bn (and rising) that it is projected to cost. For investors seeking to capitalise on this favourable infrastructure spending backdrop, the report highlights that whilst the business models, finances and share prices of a number of tier one contractors such as Kier, Costain and Balfour Beatty have come under strain, contractors which appear more relatively undervalued and are separated from overall project risk, which frees them to focus on core specialisms, delivering directly and getting involved with the specific types of projects they fully understand the risks of, present interesting medium term opportunities. Two companies, which share these characteristics, in particular were highlighted by the research: Renew Holdings plc (RNWH) a provider of repair and maintenance services for UK infrastructure and which the report found to be “perfectly positioned to see the benefit of increased renewal and maintenance spend in rail”; and Van Elle Holdings plc (VANL), the specialist piling contractor to UK house-building and road and rail infrastructure segments, which the report concluded could expect benefit from both “higher rail spend and the competition being lured off onto HS2”. Guy Hewett, Research Director (Support Services) at finnCap, commented: “The prospect of an infrastructure boost in the UK post the election, makes the sector one for investors to focus on over the coming year. Given that the larger tier one contractors have recently suffered from a range of operational and reputational issues, related to their involvement in a number of significant projects, we focused on seeking out companies that are separated from overall project risk and are free to focus on core specialisms. Very often they provide discrete services critical to projects so the value-add is high but company valuations have been hit alongside their larger cousins. It is worth investors seeking infrastructure plays taking a closer look at such underappreciated but attractive companies.”
rivaldo
06/12/2019
10:05
Strong this morning too. If it stays this way today I think we are then on for 460p. Possibly quite quickly.
ironstorm
05/12/2019
22:40
Great to see a £57,000 buy at 441p at the close......
rivaldo
05/12/2019
22:27
Errr . . . Think if this starts well tomorrow jump on board.
ironstorm
05/12/2019
16:28
Looking good if it can get above that 440p level.
ironstorm
05/12/2019
14:20
Buying coming in at 434p now, and the bid price is up to 425p. It seems that sentiment is at last changing for the better here. Deservedly so.
rivaldo
04/12/2019
11:14
Encouraging to see the bid price up to 410p, where it's not been for a while. Online looks good too - you can only buy a maximum 6k at 420p, whilst you can sell 10k at 411p. RNWH looks extremely undervalued now imho given the prospects, secure revenues and single-figure P/E.
rivaldo
29/11/2019
12:03
@ wad collector Since 1992? Just after the Higss and Hill failed reverse takeover bid? Add to that an unsuccessful incursion into the US led to sell off the most profitable housebuilding division along with the name Lovell (now doing well within Morgan Sindall) with a capital reconstruction before Gyllenhammar sorted out the bank's preference shares issue arising out of that. Let's hope we don't have to go through all that again! Hiving off the house building divisions seem to be back in vogue though with Kier and Galliford Try seemingly facing similar problems that Lovell had back in that distant past. At present Renew are looking a good long term enhanced earnings bet to me, with a current reasonable dividend yield, although the sector appears to be unloved by the market. With that I shall retire (dis)gracefully, I don't normally comment on bulletin boards.
wfcreserves
29/11/2019
10:20
looks a good company with excellent long term prospects bought in at £4.01 today
gilesy
29/11/2019
08:18
"grahamburn26 Nov '19 - 12:56 - 8934 of 8954 Think you're being a little bit optimistic about Johnson "abolishing inheritance tax". He may have mentioned it in the past, but (a) it's not in the manifesto (so far as I'm aware) and (b) it wouldn't be an astute political move until such time as he deals with the other end of the tax scale (eg national insurance contributions and even the anomalies in universal credit." Grahamburn , you are correct that there is no mention in the Tory manifesto of any IHT changes. Lot on infrastructure spending , if you believe any manifesto!
wad collector
29/11/2019
07:29
Tipped overnight on Master Investor as one of three companies ready to bounce: Https://masterinvestor.co.uk/equities/aim-to-bounce-back/?utm_source=Daily+Bulletin&utm_campaign=b068ee4e8c-Daily_Bulletin_20191128&utm_medium=email&;utm_term=0_25eff0bb7f-b068ee4e8c-34898813 Conclusion: "Overall, I believe that the shares look like a good bet, with management being a particularly good asset here. What’s more, the business is strongly cash generative, with a £16.6 million inflow from operations in 2018, and the current order book represents just over a year’s worth of historic revenues. Notable growth opportunities come from Network Rail’s current Control Period 6 (CP6) five-year financial period, which has had £48 billion allocated to its budget, with an increase of around 25% in planned spending on operations, maintenance, support and renewals activities, compared to CP5. Renew shares have slipped a few percent since the October trading update, which seems unfair given that it was in line and there were no negative points. In September this year, analysts at Peel Hunt initiated coverage on the shares and slapped on a 500p target price, implying upside potential of 33%. Top management seems to agree with that view, with the chief executive, chief financial officer and another director recently splashing out a combined £50,000 on buying the shares."
rivaldo
28/11/2019
16:08
I think this is a share for the patient and not one to trade . I had to hold for about 20 yrs from 1992 to get my money back first time!
wad collector
28/11/2019
12:50
This frequently happens here. If you look at yesterday just 5 shares were put through the opening auction @ 395p which turned out to be the lowest trade of the day until 16 22 when it got back to that as a bid price.
sharw
28/11/2019
12:44
Urmmmmmm...it comes from the SETS uncrossing trade at the start of trading today!
cwa1
28/11/2019
11:41
@Harrogate I get that now but where did 420p the uncrossing trade come from?
wfcreserves
28/11/2019
10:19
That is SETS for you. Spreads and open and closing prices are not really what they seem at renew.
harrogate
28/11/2019
10:12
Weird opens at 420p (see chart above) which is one transaction of 6 shares said to be an uncrossing trade. The resulting published spread of 22p almost looks like a sign of discouraging would be punters who are not watching actual trades, which are nowhere near 420p,going through.
wfcreserves
27/11/2019
08:57
Thanks for the IC Buy tip penpont. Let's hope this momentum helps clear any seller out. More good stuff in the Yorkshire Post today regarding the huge opportunity in flood and water infrastructure. And Shore Capital have initiated and are very bullish: Https://www.yorkshirepost.co.uk/business/renew-says-future-floods-could-be-prevented-with-investment-1-10123490 "Renew says future floods could be prevented with investment Engineering services group Renew Holdings has been busy working in South Yorkshire to help alleviate the suffering caused by the recent flooding and said future floods could be prevented with further investment. The Environment Agency plans to invest £2.6bn in flood and coastal erosion risk management projects between 2017 and 2021. The agency estimates that an increase in average annual investment to around £1bn will be necessary each year until 2065 to sufficiently mitigate flooding risk in the UK. Leeds-based Renew has welcomed the investment, having seen first hand the damage it can do. Chief executive Paul Scott said: "Floods could be prevented with investment. "We simply have to crack on. More money will be spent on flood mitigation and we see that as a growth area for the group. "When an emergency happens, we are there looking at the health of the flood prevention measures. We are in there, making sure they are performing." Earlier this month, communities in South Yorkshire experienced a month’s worth of rain in a single day. Renew has a long association with the Environment Agency to deliver important maintenance and improvement works nationally through the Flood and Coastal Risk Management programme where it has framework positions in the North, Central, South West and South East regions over the next four years. Elsewhere in Yorkshire, Renew recently won new contracts with Yorkshire Water, securing both lots on the £290m AMP7 Minor Civils Framework which will see it carry out engineering works to existing assets on operational treatment and distribution facilities for the next five years. Mr Scott said: "The contract with Yorkshire Water commences in early 2020. We are looking at waste and clean water network renewal and maintenance. "Networks are leaking. That is an obligation that all water companies have to solve it." Mr Scott was speaking as Renew announced record results for the year to September 30. Revenue rose 11 per cent to £601m and pre-tax profit leapt 84 per cent to £27m. The group benefited from the£80m acquisition of leading Scottish railway contractor QTS last year, but organic growth rose more than 8 per cent as well. Renew said its critical infrastructure markets have excellent long-term prospects with growth driven by regulatory requirements. The firm works in areas where the Government, whichever political party forms it, has to spend money in crucial areas like rail, energy and water, where investment cannot be deferred. Analyst Tom Fraine at Shore Capital said: "We initiated coverage on Renew with a 'buy' recommendation on November 15. "Key to our investment case is our expectation that investment in transport infrastructure will continue to increase in the long-term as the Government seeks to achieve its net zero carbon emissions target by 2050. "Renew is also very well placed, in our view, to benefit from growth in other regulated markets including water infrastructure, nuclear decommissioning, renewable energy and land remediation."
rivaldo
26/11/2019
22:02
@wfcreserves Yes, you're right, must be a slip-up by the writer I suppose.
penpont
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