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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
  32.00 5.88% 576.00 564.00 574.00 580.00 542.00 542.00 133,673 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 620.4 32.1 26.8 21.5 452

Renew Share Discussion Threads

Showing 9501 to 9522 of 9625 messages
Chat Pages: 385  384  383  382  381  380  379  378  377  376  375  374  Older
DateSubjectAuthorDiscuss
12/11/2020
18:48
thanks for the link to the Crinan canal rivaldo. I didn't know "dredgingtoday.com" existed. I am resisting the temptation to say it was as dull as ditch water.
3800
12/11/2020
12:13
AmcoGiffen are busy with two new projects covered in the media in the last week. This canal infrastructure contract is worth £3.7m: Https://www.dredgingtoday.com/2020/11/02/3-7-million-crinan-canal-works-set-for-winter/ And there's a rail platform extension project worth £5m completing in December: Https://www.glasgowtimes.co.uk/news/18850116.5m-platform-extension-works-milngavie-station-now-complete/
rivaldo
09/11/2020
15:35
Wow , who would have suspected the news of one vaccine preliminary results would be so dramatic on the markets? Untested in the vulnerable groups, no information on mortality reduction, major logistic problems with distribution of a thermally unstable RNA compound are just some of the problems , but hope is driving the markets up. If you are not in the at-risk groups don't hold your breath , you won't be getting a covid immunisation pair of appointments soon! But at least it is taking the RNWH share price back up to where we mostly agree it ought to be.
wad collector
09/11/2020
15:23
RNWH were already trading ahead of expectations, but today's vaccine news appears to have sparked things off nicely.
rivaldo
04/11/2020
11:01
Cheers Harrogate. The run-up to the year end results on 8th December could prove fruitful imo, given the "materially ahead of current market expectations" trading statement. It's only a month away now. Hopefully a return to 550p is on the cards.
rivaldo
04/11/2020
08:22
Thanks for finding this stuff. We are all agreed on the growth drivers as every tip and every broker note states but I don't think we will go anywhere here until the 21 & 22 numbers in the forecasts actually show that growth is happening. Until then it is all noise. I am a strong holder of many years but we need to see growth especially after the 2 large deals in the last couple of years
harrogate
04/11/2020
07:16
Nice comment from Shore Capital (strangely in a research report on Strix!)..... Https://citywire.co.uk/funds-insider/news/the-expert-view-ocado-chemring-and-strix/a1421042?ref=citywire-money-latest-news-list#i=4 "‘We see more upside for Renew (RNWH), which has also demonstrated resilience in full year 2020, and has a number of growth drivers including significant increases in government spending on infrastructure.’"
rivaldo
28/10/2020
10:22
As usual with this it is very hard to top up on the drop, never any stock around.
rimau1
28/10/2020
08:53
Hard to believe we're now almost back to levels prior to the "materially ahead of current market expectations" RNS. The only explanation is the miserable markets. Hopefully the run-up to the 8th December results will see a nice revival. OT : hi wad collector. Having joined ADVFN around 2002 I've probably worn through three or four keyboards by now :o))
rivaldo
27/10/2020
19:07
Not come across you on any of my other holdings rivaldo , but just noticed that you are about to reach 56,000 postings on advfn. That is enough to wear out your keyboard!
wad collector
25/10/2020
11:05
Cheers Ian :o)) You too.... I use SCSW and Techinvest, plus I pay up for various other stuff including Research Tree, ADVFN etc, so that's more than enough for me! I like to do my own research, as I never trust data-led web sites like Stockopedia which invariably sift out the wrong or unadjusted information (ADVFN's info is often wrong too), and I get enough ideas already elsewhere. But maybe Stocko's info gathering is better these days.
rivaldo
25/10/2020
07:51
Rivaldo, I recently signed up for Stockopedia. That, combined with SCSW, is absolutely brilliant for selecting winning stocks. Also, seeing you on a BB is a good sign too :-) Do you use another tools or tipsheets?
iandippie
16/10/2020
06:23
Good to see a new article on Stockopedia assessing RNWH as a "high quality" stock with a good Piotroski score and a "cheap" valuation: Https://www.stockopedia.com/articles/why-quality-and-value-might-be-key-drivers-of-the-renew-holdings-share-price-133063/ "The Renew Holdings share price has moved by 8.45% over the past three months and it’s currently trading at 482.56. But what's interesting about this share is its potential exposure to the influential profit drivers of high quality and a relatively cheap valuation.... ....One of the quality metrics for Renew Holdings is that it passes 6 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..... .... As a percentage, the higher the Earnings Yield, the better value the share. A rule of thumb for a reasonable Earnings Yield might be 5%, and the Earnings Yield for Renew Holdings is currently 7.01%. 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
09/10/2020
12:31
Looks like this is finally being noticed by the market as £5 approaches again.
wad collector
06/10/2020
12:48
VHE have been contracted to start major works at this large project designed to "transform the 740-acre site in to a new sustainable development that will comprise up to 3,890 homes, shops, restaurants, a primary school, and leisure and community facilities including parks and 310-acres of green open space": Https://www.vhe.co.uk/blog/2020-10-01-vhe-commence-work-at-waverley-riverside "VHE commence work at Waverley Riverside 01 October 2020 VHE have commenced work at Harworth Group plc impressive Waverley Riverside project in Rotherham. This will include the delivery of earthworks and infrastructure work providing surface water and foul drainage, a highway into the development, a headwall into a lake and gabion basket works adjacent to the river."
rivaldo
05/10/2020
12:58
thanks for posting Rivaldo
robow
05/10/2020
11:37
Since the new issue of SCSW is now out, here's some extracts from the big Buy tip which was in the last issue. SCSW are aiming for a £10 share price in the next couple of years. Remember this was printed before the trading "materially ahead of current market expectations" update and subsequent upgrades last week: Https://www.scsw.co.uk/article.php?id=8623 "Renew - Expecting a COVID-19 bump up (Sharewatch) Engineering services company Renew, led now by chief executive Paul Scott, is sailing majestically through COVID-19. When I caught up with Scott back in June, Renew’s first half results had set new records for sales, pretax profit, earnings and operating margins. These results had covered just a couple of weeks of COVID-19 but brokers suspect that the disruptive impact on forecast earnings is only 10-15% for the full year, with Renew’s Engineering Services side proving to be resilient in the face of COVID-19 because much of what it is doing is maintenance and renewal and its clients do not have the option to stop the work. Around 80% of Renew’s activities continued even throughout the worst of the crisis. The Rail and Highways sectors account for most of the activity, and both Highways England and Network Rail have been taking advantage of the quieter roads and rail lines during the lockdown to perform essential works. Water and Telecoms (5G) are also deemed critical works and these too remained operational. Only the Nuclear bit has sites still closed. According to Government figures, construction had the largest proportion of workforce returning from furlough leave and Renew is “shovel ready” to benefit from Boris’ infrastructure spending blitz. I also think there is the chance of a real COVID-19 bump to present forecasts and the shares could in a couple of years be making an assault on £10. Directors were buying last month." "Mostly maintenance and renewal works As will become apparent here, across each of the divisions, the majority of the group’s revenue is from infrastructure maintenance and renewal programs ultimately driven by public sector spending, limiting its cyclicality and providing a degree of assurance that it will meet forecasts. The typical value of Renew’s contracts are £10m for renewal schemes and £10k for maintenance services. All sides share similarities as they get much of their work in the form of framework agreements let by the regulated sectors. Renew’s markets therefore have stringent safety demands, meaning it is imperative that key clients trust it, which acts as a major barrier to entry. Despite a reasonably high level of competition in the markets that Renew competes in, it is rare for its contracts to not be renewed upon completion. Renew had a strong order book of £591m at the end of March supporting the £600m turnover forecast for the group in the current year to end September. As it stands, Renew's specialist engineering division's forecast sales of £553m this year (with a combined margin of 6.8%) splits between these areas: • rail (50%); • infrastructure - telecoms & highways (19%); • energy - nuclear and power stations (16%); • environmental-water & land remediation (15%)." "Buy ahead of 1 October update One unexpected benefit coming from COVID-19 is that the public sector organisations have also been much faster than usual to pay their bills, which has meant net debt is also coming in better than expected and by the year end is expected to fall to £4m - for a net debt/EBITDA of 0.1. Meanwhile there are also further efficiencies coming through to boost margins and a small acquisition in energy transmission also looks likely before long. Even without such deals, analysts are looking for profits to rise to £36.2m/eps 38.9p for a prospective PE of 11.1, dropping further in the following two years, if profits continue to rise to the tentatively forecast £39.9m/43.2p and 41.8m/44.9p."
rivaldo
05/10/2020
08:05
...and now buying coming in at the full 480p offer.
rivaldo
03/10/2020
06:35
Excellent finish on Friday night, which hopefully bodes well for next week.
rivaldo
01/10/2020
09:29
That could be a fraudulent note Rivaldo ; Donald would suspect it :-)
wad collector
28/9/2020
21:51
Absolutely sure - it was copied as is and sent to me by a trusted source, dated 25th September 2020 and with the 593p target price. Probably as a Flash Note update it doesn't register on the site as a full update. To prove it, I've included below the Key Data and contact info which I omitted last time as unnecessary: "finnCap Company Flash 25 September 2020 Renew (RNWH) : Buy Support Services Resilient and reliable Key data Share price (p) 446.0 Target price (p) 593.0 Market cap (£m) 350.6 Enterprise value (£m) 356.1 Renew’s trading update at the beginning of September detailed trading since H1 results had been strong and ahead of expectations. We have upgraded our FY 2020 EPS by 8% and improved our net debt assumption from £10.5m to £5.6m (excluding finance leases, the group will be in net cash). Renew’s engineering activities in Rail, Infrastructure and Environmental markets have remained robust, with the majority designated as critical to the COVID-19 response. We continue to forecast dividend repayments to recommence with a final in FY 2020 (results due 8 December) and reiterate our view that there is no change to the long-term outlook. This is supported by the Government’s commitment to invest £640bn over the next five years, which is looking increasingly essential to restart and support the economy. Guy Hewett ghewett@finncap.com 020 7220 0549 "
rivaldo
28/9/2020
16:29
rivaldo - are you sure that was from finnCap? - I have just logged in to their site and a search gives the latest note on RNWH as in 2017! (27/11/17 target price 586p hmm.)
sharw
Chat Pages: 385  384  383  382  381  380  379  378  377  376  375  374  Older
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