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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
  0.00 0.0% 504.00 488.00 504.00 504.00 496.00 496.00 25,441 10:34:31
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 600.6 37.8 29.6 17.0 396

Renew Share Discussion Threads

Showing 9351 to 9375 of 9525 messages
Chat Pages: 381  380  379  378  377  376  375  374  373  372  371  370  Older
DateSubjectAuthorDiscuss
19/5/2020
07:14
Satisfactory :-)
cwa1
19/5/2020
07:07
RNWH Good Morning Excellent results I thought.
royaloak
19/5/2020
06:47
One of the most reassuring post covid updates that I have read. The detailed commentary by sector is excellent, including the rationale for the differentiated business. Just one small point from me - specialist building managed to double its order book to £100m with continued margin improvement. I was never a fan of this business for renew as it has been a headwind on group performance and non core IMO but i hold my hands up!
rimau1
19/5/2020
06:27
The H1 results look good to me - and most importantly, the outlook is rosy, with 80% of activities having continued as normal and the remaining 20% now coming back on stream. 20.1p EPS in H1 to 31/3 is up a very creditable (given the lockdown) 5% from last year, net debt is down - despite the Carnell acquisition - and Engineering order books are up a whopping 11% following "record trading" in the half year. Prospects in Rail, Infrastructure, Nuclear, Environmental all look terrific given the huge budgets and spending increases allocated to them over the coming long-term spending programmes. The Chairman's outlook commentary says it all: " Our strong trading performance and cash generation in the first half of the year, is reflective of the reliable long-term nature of the UK infrastructure markets in which we operate, a strategy reinforced in the Government's latest Budget when they committed to investing GBP640bn in infrastructure over the next 5 years."
rivaldo
19/5/2020
06:23
Not sure we could have expected much more than that - very resilient business and seems further framework wins in the period. If they get all units back to work and with Carnell they could finish the year well and maybe restore the dividend which would be a boost to the share price
harrogate
15/5/2020
07:17
Great spot rivaldo, results next week and with at least 80% of the business operating and the bulging order book i had another top up yesterday. For a defensive essential infrastructure contractor the valuation is disjointed to say the least
rimau1
15/5/2020
07:14
Good to see £2 billion of extra spending announced by the Government "allocated to fund infrastructure projects", largely transport-related judging by the reports. And more directly relating to RNWH, it seems that Network Rail have been taking advantage of the quiet on the railways to accelerate their spending programmes on rail infrastructure, which should benefit RNWH's outlook for this year: Https://www.itv.com/news/2020-05-14/grant-shapps-leads-the-government-s-daily-coronavirus-press-conference/ "He said agencies had been "getting busy" by making use of quiet roads and railways during lockdown to make huge improvements to the national infrastructure. He said during lockdown 419 Network Rail projects were completed over Easter and 1,000 upgrades during the May bank holiday."
rivaldo
06/5/2020
12:38
This is a big new high profile contract - and good to see the work starting immediately: Https://netimesmagazine.co.uk/news/work-underway-to-transform-the-former-ssi-steelworks-site/ "Work underway to transform the former SSI steelworks site May 6, 2020 @ 12:37 by Richard Dawson Following the successful outcome of the compulsory purchase inquiry into the purchase of land on the former SSI steelworks, a contractor has now been appointed to begin major redevelopment work on the site. Hartlepool-based Seymour Civil Engineering has this week started site clearance and preparation work on land known as the Grangetown Prairie, as part of a multi-million pound contract with the South Tees Development Corporation (STDC). The 124-acre site will be one of the first areas to be redeveloped as part of the STDC’s masterplan, which hopes to deliver 20,000 new jobs and more than £1 billion per year into the UK economy over the next 25 years. The work has begun just days after the compulsory purchasing ruling, which granted the STDC powers to purchase the former Redcar steelworks, following a three-year legal battle. The positive outcome means the 4500-acre site can be redeveloped and provide good-quality jobs to people in Teesside, Darlington and Hartlepool."“That’s why I am pleased that, less than a week on from the judgement, we are moving forward and getting spades in the ground.” Councillor Mary Lanigan, leader of Redcar & Cleveland Borough Council, added: “Starting the redevelopment work of the former SSI site is a huge step forward and one which brings the prospect of high-quality jobs for many thousands of people across the region. “The site has the potential to bring prosperity and a better quality of life for so many of our residents and seeing the development of large-scale, cutting-edge manufacturing on the site would be a fitting use for a borough which made the steel that built structures which transformed places around the world.”
rivaldo
30/4/2020
09:31
That target not looking as outrageous today as a month ago. Hold and prosper?
wad collector
29/4/2020
10:47
Peel Hunt retain their Buy and 575p target today Https://investing.thisismoney.co.uk/broker-views/
rivaldo
29/4/2020
06:26
RNWH have just been tipped as a Buy in Forbes magazine.... Https://www.forbes.com/sites/roystonwild/2020/04/28/2-top-stocks-i-think-you-should-buy-in-may/#30cac6e87119 "Renew Holdings Renew Holdings is another UK share that looks cheap according to current growth forecasts. It trades on a forward price-to-earnings (P/E) ratio for the current financial year ending September 2020. It’s a reading that fails to recognise its exceptional defensive qualities, however, a particularly-appealing quality in these uncertain times. This other AIM business hasn’t been totally immune to the Covid-19 crisis. However, its role as a supplier of essential engineering services for critical UK infrastructure means that its outlook in the short-term and beyond remains robust. In its main Rail and Highways divisions it remains mostly operational, whilst its Water and Telecommunications operations also remain up and running due to these sectors’ designations as critical areas. Renew Holdings is a share that’s poised to gain from huge spending on domestic infrastructure in the next decade, too. City analysts are expecting earnings here to dip 1% in fiscal 2020, though the outlook for the medium term onwards is much brighter. I’d buy it today, in fact, on the likelihood of a robust trading update on Tuesday, May 19 which could help its share price extend recent gains."
rivaldo
27/4/2020
13:24
Buying coming in at above 445p now.
rivaldo
23/4/2020
08:13
Peel Hunt today reiterate their Buy and 575p target price: Https://investing.thisismoney.co.uk/broker-views/
rivaldo
16/4/2020
07:16
HS2 construction gets green light despite lockdown https://tinyurl.com/yd5lxfhm
igoe104
07/4/2020
13:02
That David Icke should be put in a straight jacket and locked away !
nurdin
07/4/2020
12:42
Clarke Telecom will likely get a workload boost from damage to over twenty UK 5G phone masts caused by idiots linking 5G to COVID-19. Apparently David Icke is one of the main proponents of this stuff. I despair :o)) Https://www.theguardian.com/technology/2020/apr/06/at-least-20-uk-phone-masts-vandalised-over-false-5g-coronavirus-claims
rivaldo
02/4/2020
07:31
Analysis from Shore Capital this morning: Https://citywire.co.uk/funds-insider/news/the-expert-view-auto-trader-chemring-and-renew/a1342698?ref=citywire-money-latest-news-list#i=4 "Engineering services provider Renew (RNWH) is delivering activities critical to the Covid-19 response and Shore Capital says the fall in the shares presents a good opportunity to ‘buy’ the stock. Analyst Tom Fraine retained his ‘buy’ recommendation and ‘fair value’ price of 570p on the shares, which fell 2p to 374p yesterday. The group continues to operate across the majority of its sectors as 80% of its activities are deemed critical to battling Covid-19. ‘Despite the impact of Covid-19 being unclear, we are encouraged to learn that the majority of the group has continued to be operational in its critical sectors and we highlight Renew’s ability to control costs to a much greater extent than many industrials,’ he said. ‘We consider the 34% share price fall since the start of 2020 to be an excellent opportunity for investors seeking to benefit from increased public sector spending in regulated markets.’"
rivaldo
01/4/2020
13:54
Hard to argue with that. In fact the forecast 2020 EPS post Carnell deal is 44p
harrogate
01/4/2020
12:57
I’ve just topped up at £3.50 as the mark down makes little sense to me. Even if you take a prudent 20% haircut on sept 2020 eps forecasts of 40p this is still excellent value. Order book of over £500m in mostly non discretionary critical infrastructure works, and negligible debt, the share price is disconnected to the reality here.
rimau1
01/4/2020
10:26
Shore Capital reiterate their Buy and 570p target today. And Peel Hunt reiterate their Buy and 575p target.
rivaldo
01/4/2020
06:40
Interim dividend also suspended.
pugugly
01/4/2020
06:25
Today's trading update is about as encouraging as one could expect in the current climate: - 80% of RNWH's activities are deemed critical - H1 to 31st March is nicely in line with forecasts - Carnell integration is going well - the most profitable Engineering Services divisions are those deemed critical - cash generation is strong and the Balance Sheet sound - the management team are sound/responsible and have cut their salaries by 20% and implemented cost reductions/deferrals The share price is down by over 30% from prior levels - given that 80% of activities are critical, hopefully the current situation is more than priced in already.
rivaldo
22/3/2020
12:35
A damning report was issued last week about last summer's dam safety incident at Whaley Bridge. The Times today indicates that there's lots of work needed to make the UK's 2,000 dams safe. A good job then that Seymour Civil have expertise in this area and have already been appointed (last October) by Yorkshire Water to their £290m frameworks for this sector: Https://www.thetimes.co.uk/article/whaley-bridge-dam-charitys-failures-put-lives-at-risk-0jtc6fk28 "An independent report shows how the Canal & River Trust (CRT) failed to carry out essential maintenance to keep the dam safe for residents of the picturesque Peak District town... ...The incident triggered a meeting of the government’s Cobra committee. A rescue operation was launched by the RAF and emergency services to save the town, which was in danger of being washed away by 300 million gallons of water.... ...Government sources are understood to be “highly concerned” about the condition of the other 71 reservoirs across the UK currently maintained by the CRT. One Whitehall source said: “This report shows a worrying lack of urgency for important repairs that were recommended, in some cases for years, by inspection engineers. “We are taking steps to ensure this is not the case with the other reservoirs maintained by the Canal & River Trust.” There are about 2,000 dams in England and Wales and 800 in Scotland. They create reservoirs for drinking water, fill local canals, help farms or are used for recreation. Many are above towns and cities. The report’s author, Professor David Balmforth, warned of a gap between owners of reservoirs being “compliant with the current legislation” and “what is actually safe” for communities living in the shadow of the UK’s dams. etc"
rivaldo
20/3/2020
10:57
Good to be back above 400p again. On relatively small volumes too, which suggests there's not much stock around.
rivaldo
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
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