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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 9326 to 9349 of 9525 messages
Chat Pages: 381  380  379  378  377  376  375  374  373  372  371  370  Older
DateSubjectAuthorDiscuss
18/3/2020
11:51
New contract win - looks like quite a biggie: Https://www.vhe.co.uk/blog/2020-03-17-vhe-awarded-homes-england-whitley-pumping-station-well-and-adit-decommissioning-and-reservoir-removal-contract "VHE awarded Homes England Whitley Pumping Station Well and Adit Decommissioning and Reservoir removal contract 17 March 2020 VHE have been appointed Principal Contractor on the Former Whitley Pumping Station project by Homes England with works commencing on-site March 2020. Under the contact VHE will open up a well chamber to allow access to the headworks, decommission the borehole and well to the base of the well chamber and undertake a post-construction independent structural condition survey of the Locally Listed Pump House. VHE will backfill adits on site using a surface filling / drilling and grouting method. The final stage of work includes the removal and backfilling of a covered reservoir. Works include crushing and screening of generated demolition arisings in accordance with the WRAP Quality Protocol, general earthworks and backfilling of reservoir void with recycled aggregate and off-site disposal of materials deemed unsuitable for reuse on site."
rivaldo
16/3/2020
16:56
Good news for anyone with cash to invest , but for most of us this is sit on hands time. At the end of the yr this may have a hole in the balance sheet , but it won't be a recurring cost . Only reason to sell now would be if you really thought RNWH was going bust, and if you believe that , then you would have to accept that there are many other more vulnerable companies that will fall first . Like 3/4 of the FTSE.
wad collector
16/3/2020
13:22
This is getting absurd now !
nurdin
16/3/2020
10:38
Just a case of no MM's wishing NOT to hold any stock so any sell moves someone off the bid with MM stocks. I know this is a SETS stock but its principal applies in a similar way
thecroots
16/3/2020
10:32
but if their staff are off, they can't service the contracts and 6% margin are wafer thin....need to see how it pans out for a month me thinks DYOR
qs99
16/3/2020
10:30
Dont think it is the mm's pulling this down. It is an order book stock anyway. Just a few panicky sellers and no buyers to mop up stock at the moment.
bsdjj
16/3/2020
09:24
Casino market run by a Bunch of crooks
mick33
16/3/2020
09:10
Crazy - marked down 15% on only £200k traded! The MMs are really making the most out of any sellers. And this for (imo anyway) one of the most secure companies on the market given the nature of the revenues and of the customer base.
rivaldo
12/3/2020
10:20
Thanks for the response. I agree on the whole although there could be a loss of work in the margins but this has probably been priced in with this fall. The other concern is that if everything shuts down for a period then there may be a delay in new contracts being awarded negatively affecting their forward order book. Again this will probably be at the margins. I am happy to hold anyway as think this is a fantastic business despite any temporary corona related issues.
bsdjj
12/3/2020
10:06
Emergency work is just a bonus - the core work is the necessary repairs and maintenance which will still need to take place. Nuclear power stations will still need to be maintained and decommissioning continue. The same with roads. That's the entire raison d'etre for the way RNWH works and is why it's such a defensively secure stock imo. And the recent flooding should have given rise to a decent amount of such bonus emergency work. Yesterday's Budget would in normal markets have seen the stock rise nicely. I suspect that there will be a quick bounce on up days for the market - as there was last week.
rivaldo
12/3/2020
09:53
Some of their business is emergency work. Potential for less work if most of us are at home and there are less trains running causing issues on lines?
bsdjj
12/3/2020
09:43
Totally agree Riv. Today's fall of 7% is based upon a volume of less than 20,000 shares traded. "Throwing the baby out with the bath water" springs to mind here. I'm firmly holding and if the price continues to fall I will probably add.
masurenguy
12/3/2020
09:35
The MMs have as always gone over the top with an 8% markdown to punish the very few sellers out there - just £70k or so have been traded! Crazy. And this for one of the least exposed stocks to the virus, particularly given the Budget's boost to RNWH's core divisions. I've already commented on the spending boost to flood defence and broadband coverage, but there's also the small matter of the £27 billion now to be spent on the roads, which will benefit the new Carnell Group acquisition: Https://uk.motor1.com/news/403616/government-march-budget-roads-investment/ "Government announces £27bn investment in roads as part of March Budget The government has confirmed it will invest £27 billion in Britain’s road network over the next five years, including a £2.5 billion fund to fix potholes. The announcement, which came as part of Chancellor Rishi Sunak’s first Budget speech, came alongside a pledge to keep fuel duty at its present rate. In his speech to the assembled MPs, Sunak pledged £500 million a year over the next five years in a bid to fix the UK’s scarred road surfaces. He claimed the funds would be enough to fill 50 million potholes by the end of this Parliament. At the same time, Sunak promised to invest in more than 20 road connections to UK ports and airports, as well as changes to more than 100 junctions and more than 4,000 miles of new roadway. In particular, the Chancellor pledged to work on the A303 near Stonehenge, as well as improvements to the A46 in the Midlands and building the Pant/Llanymynech bypass on the Welsh border near Oswestry. Other projects include “interventions” to ensure bridges do not fall into disrepair, rapid charging points for electric vehicles and a £400 million fund to begin replacing old sections of concrete pavement on motorways. However, the government’s documentation says completing the project could take 25 years. “Today, I’m announcing the biggest ever investment in strategic roads and motorways - over £27 billion of road,” said Sunak. “That will pay for work on over 20 connections to ports and airports, over 100 junctions and over 4,000 miles of road. I’m also announcing new investment in local roads, alongside a new, £2.5 billion pothole fund. etc"
rivaldo
11/3/2020
14:08
As well as the huge increase in spending on averting flood risk - very good news for Seymour Civil Engineering - the Chancellor has promised £5 billion for Gigabit capable broadband to be available to all premises across the United Kingdom. Which should be similarly good news for RNWH's Clarke Telecom: Https://www.thinkbroadband.com/news/8690-5-billion-for-gigabit-broadband-confirmed-in-budget
rivaldo
11/3/2020
13:57
LOL, PUG, check the mirror :-)
cwa1
11/3/2020
13:51
But no impact yet on share price - However where is he going to get the dosh?
pugugly
11/3/2020
13:35
Huge flooding expenditure boost now confirmed in the Budget: "13:25 Flood defences get funding boost Following widespread recent UK flooding, the chancellor unveils funding to boost flood defences. "I can announce today that I’m making £120m available immediately to repair defences damaged in the winter floods. "To support those areas that have been repeatedly flooded, I’m providing £200m of funding directly to local communities to build flood resilience. "And to protect people and over 300,000 properties, I’m doubling our investment in flood defences over the next six years to £5.2bn."
rivaldo
08/3/2020
09:27
Great news for RNWH - yet another of its core activities is to benefit from increased spending, with flood defence expenditure doubling to £5.2 billion, plus another £120m to spend on repairing the damage after the recent storms: Https://www.bbc.co.uk/news/uk-51784660 "Floods: Budget will double spending on defences, says Treasury 7 March 2020 Funding for flood defences in England is expected to be doubled to £5.2bn over five years in the forthcoming budget, the Treasury has said. The money, due to be announced on March 11, will help to build 2,000 new flood and coastal defence schemes and protect 336,000 properties in the country. Chancellor Rishi Sunak said communities had been "hit hard" in recent floods. The funding - double the £2.6bn budgeted between 2015 and 2021 - is due to be available from April 2021.... ....The chancellor is also due to announced a £120m fund to repair flood defences that were damaged in the recent storms, bringing at least 300 schemes back to full operation, the Treasury said."
rivaldo
03/3/2020
11:55
While Dawlish was great for sales it did pull back the overall margin in that period. It was done on a cost plus basis so is lower risk given emergency nature of these works. Can't be a bad thing though
harrogate
03/3/2020
10:51
They did quite well in that Dawlish operation six years ago.
wfcreserves
03/3/2020
10:22
I wonder if the margins are different on emergency work; the infrastructure chaos from weather obviously affects the ability to repair. Not sure how that pans out overall, it is more lucrative or more risky to tender? Presumably there is not tendering in the conventional sense for emergency work.
wad collector
02/3/2020
16:12
Rivaldo,the main question probably being mulled over by many is whether the virus will affect their work force.I dont personally see any special reason for that save for the general contagion which is affecting all industries.
nurdin
02/3/2020
08:37
As well as having no exposure to the virus, RNWH will also have had a nice boost just prior to the half year end due to all the storms and rotten weather recently with all the flooding and collateral damage. For example, here's AMCO beginning work last week on a "major operation" to resolve a huge landslip on a rail line caused by Storm Ciara: Https://www.cumnockchronicle.com/news/18262879.engineers-working-round-clock-fix-major-east-ayrshire-landslip/
rivaldo
28/2/2020
11:16
I also agree with Riv too. Today's fall is on circa 130K share volume, which is roughly the average daily volume on this stock over the past 3 months. Therefore, it is primarily a reaction to a number of PI's selling in the current volatility.
masurenguy
Chat Pages: 381  380  379  378  377  376  375  374  373  372  371  370  Older
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