Renew Share Discussion Threads

[dr biotech] 07/9/2021 08:38

I sold quite a few around 770. Thought reaching the initial broker target would mean it’d come off a little which it did but unfortunately for me I never topped back up. Still great news for my remaining holding and well done to all the long termers here.

[wad collector] 07/9/2021 08:30

Wow , glad I only sold a few in last yr!

[bsdjj] 07/9/2021 08:25

Peel Hunt PT rises to 900 from 750.

[bsdjj] 07/9/2021 08:15

First price target change early doors is house broker Numis raising PT to 875p from 730p.

[rimau1] 07/9/2021 07:47

There is no reason to ever sell a bean here.

[cwa1] 07/9/2021 07:21

Excellent, happy days :-)

[rivaldo] 07/9/2021 07:16

Oh yes :o))



Not just ahead, but "materially" ahead of current market expectations.....

Adjusted operating profit is expected to be - at minimum - £50m versus a current consensus forecast of £45.8m.

Order books are "strong", and:

"Activity levels are supported by long-term regulatory spend and the positive outlook for UK infrastructure. Pleasingly, the integration of the Group's two acquisitions during the period, Browne and REL are proceeding to plan and trading is in line with management's expectations."

Great stuff.

[harrogate] 07/9/2021 07:13

Well that is an excellent announcement and you can see why the shares have been strong. Interesting to see what the brokers do for future years numbers and maybe the dividend. They are really doing well in riding the wave here. Shame I have been selling a few since mid £5.

[wfcreserves] 03/9/2021 12:01

The trading update was early September last year with results being materially ahead of expectations. Be nice if an early update comes this year too!

[wad collector] 02/9/2021 15:27

Nice share price rise again too; knocking on the £8 door again.

[igoe104] 01/9/2021 12:14

Nice contract here .for Seymour engineering..

[rivaldo] 27/8/2021 13:38

In today's IC, Algy Hall has run a screen covering the entire TSE small cap index and AIM to find which companies pass all the stringent tests below to qualify as a "High Quality" share.

Only 5 companies passed. RNWH are one of them (MWE, which I also hold, are another):



"The full screening criteria:

PE ratio above bottom fifth and below top fifth of all stocks screened.
A genuine value (GV) ratio below the top quarter of stocks screened.

GV ratio = (enterprise value/operating profit)/(forecast EPS growth + dividend
yield)

Earnings growth forecast in each of the next two financial years.
Interest cover of five times or more.
Positive free cash flow.
Market capitalisation over £20m.
A top-quarter return on equity (RoE) in each of the past three years.
A top-quarter operating margin in each of the past three years.
Operating profit growth over the past three years"

[igoe104] 27/8/2021 11:38

Nice project for VHE construction.

[wad collector] 22/8/2021 20:37

No, happy to sit on the rest of mine for now...
I could give up profit taking any time I wanted. Once the tremor and insomnia have passed..

[mayers] 21/8/2021 21:08

Wondering to sell a few more, wad collector? We know you suffer from irritable finger syndrome,you have more or less said in past posts. Do you think your anxiety is not evident?

[wad collector] 20/8/2021 18:33

Some rather volatile trades in the last hour today , jumping around 720- 760 on the buys.
Tipped in IC again today in an article on how to profit from the big infrastructure spend.

[wind dancer] 18/8/2021 20:59

Riv
Good men in David Lodge and Phil Kirby gave us ( VHE ) the opportunity to up our game. Enabling in turn Shepley, then the group and the our current CEO to reap their current rewards.
Hope they know their history.

[johnrxx99] 18/8/2021 10:12

Reminds me of the heady days at uni, 50 years ago :-)

[rivaldo] 18/8/2021 08:14

Nice to see buying this morning at over 800p.....

Evidence of the long-term nature of much of RNWH's work from this news:



"13/08/2021

VHE celebrate 25 years working with National Grid Property Holdings

Since VHE Construction were first appointed in 1996 on the Project Atlantis Framework for British Gas we have been involved in the reclamation of over 500 sites across the length and breadth of the England, Scotland and Wales.

The framework is now known as the Provision of Land Regeneration Contracting Services for National Grid Property Holdings Ltd and VHE are proud to remain engaged with the client on projects across UK."

[rivaldo] 12/8/2021 07:42

The £55m Medical HQ project wasn't RNS'd, presumably because spread over the build period it didn't reach the annual materiality tests. I'd assume that's also the case for these new DEFRA contract wins.

[harrogate] 11/8/2021 17:22

That is true. Surely these need RNSing if true?

[rivaldo] 11/8/2021 16:08

Remember that Walter Lilly won the £55m headquarters project for the London Institute of Medical Sciences only two years ago, so these contracts are certainly within their capabilities spread over time assuming they're the correct numbers.

[harrogate] 11/8/2021 15:51

Walter Lilly has an annual turnover of around £40m so they look wrong to me