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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
  1.00 0.13% 750.00 749.00 760.00 760.00 747.00 747.00 23,977 16:29:38
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 791.0 40.8 38.7 19.4 591

Renew Share Discussion Threads

Showing 9851 to 9875 of 10200 messages
Chat Pages: Latest  396  395  394  393  392  391  390  389  388  387  386  385  Older
DateSubjectAuthorDiscuss
06/10/2021
17:59
I wonder if Renew are bidding here? - NMCN had frameworks with Yorkshire and South Staffs Water as well Highways & Telecoms divisions.

"The sale of nmcn following its fall into administration is expected to be concluded within 48 hours saving the jobs of the “vast majority” of the contractor’s 1,700 employees.

The Enquirer has seen an update sent to staff by CEO Lee Marks on Tuesday. It states that the sale of the Infrastructure, Plant Transport & Accommodation, Telecoms and Water divisions is expected to complete in the next day or two."

tanneg
06/10/2021
13:06
Indeed, just normal profit-taking in a rather uncertain market having risen so sharply.

ADVFN's figures are as so often completely incorrect. The current range of forecasts are from from around 50p-54p EPS for the current year, which I suspect may be increased once the figures to 30/9 are released.

IMO a current year P/E of 13.7 at the higher end is pretty good value given the security of and necessity for RNWH's work flows, the growth potential in so many must-have sectors like water, nuclear, 5G, electric charging, rail etc, and the likelihood of more earnings-enhancing acquisitions.

rivaldo
06/10/2021
12:09
General market worries on inflation leading higher building costs and interest charges togther with labour shortages and supply line disruption caused by Brexit? Still seems to be a safer haven than most.
wfcreserves
06/10/2021
10:21
Does anyone have an opinion on why this is falling back? Did it get a bit ahead of itself? Or is it just following the market?

The PE of 27.3 in the box above seems way out, but that's normal here in advfn-land - should be more like 11 or 12?

zangdook
06/10/2021
09:54
Nice bit of work.


https://www.google.com/url?rct=j&sa=t&url=https://www.newcivilengineer.com/latest/queensbury-tunnel-national-highways-completes-problematic-repair-of-disused-yorkshire-tunnel-06-10-2021/&ct=ga&cd=CAEYACoTMTg5MDI4Nzk5MDUyOTQ2Mjc3NzIcZGM1MjUwNzIzZjE3NTA4Mjpjby51azplbjpHQg&usg=AFQjCNGoWsdW8eVB5QLsapT9ZISjr2c8VQ

igoe104
04/10/2021
06:36
Encouraging comment in VP PLC's trading update today, with the areas relevant to RNWH looking very good and expected to accelerate from 30th September:

"Certain areas of major infrastructure investment such as HS2 have been very busy for the Group, with other key elements, such as the rail sector (CP6) and water (AMP7) expected to accelerate in H2."

rivaldo
01/10/2021
06:14
Good to see a heavyweight player in Peel Hunt appointed as joint broker - they'll bring additional heft to attracting institutional investment interest here:

Https://uk.advfn.com/stock-market/london/renew-RNWH/share-news/Renew-Holdings-PLC-Appointment-of-Joint-Broker/86184711

rivaldo
30/9/2021
22:04
:o))

Just someone who likes to carefully research the companies I'm invested in. It's paid off nicely so far!

rivaldo
30/9/2021
15:06
I'm sure your real job is RNWH press officer rivaldo. Or in the contracts dept..
wad collector
30/9/2021
09:07
RNWH's QTS have just begun work on a new £8m anti-flooding project for Network Rail in Dumfries, Scotland.

And QTS are in prime position for £149m of such works in the current period:

"From 2014 and 2019, more than £120m was invested in earthworks, drainage and bridge strengthening projects in Scotland and from 2019 to 2024 more than £149m will be spent."

Https://www.railadvent.co.uk/2021/09/network-rail-begins-essential-8m-work-at-dumfries-to-reduce-flooding-risk.html

rivaldo
29/9/2021
15:29
Totally agree, the only mess up was buying that loss making gas company, which they quickly got rid of..
igoe104
29/9/2021
14:02
Yes, there is seldom any bad news on this company!
wad collector
28/9/2021
06:32
Great news - thanks for posting. That must sort out Carnell for the next few years.
harrogate
28/9/2021
06:21
Terrific news - RNWH's Carnell subsidiary have won the maximum 5 lots on the new National Highways framework over the next 6 years, 3 of them in a JV with RNWH's other subsidiary AmcoGiffen. This is worth a very nice £147m.

And these are "the longest duration, highest value contracts in Carnell’s history. Coupled with the move into road restraints, this provides a fantastic, solid foundation on which to grow and develop our business further in the coming years.”

Https://www.carnellgroup.co.uk/national-highways-sdf-success/

"National Highways SDF Success

We are delighted to announce that National Highways (formerly Highways England) have awarded us five Lots on the new Scheme Delivery Framework (SDF). The total value of the contracts will be £147m over 6 years, with the new delivery model commencing in January 2022.

The five Lots are the maximum number that could be awarded under the restricted procurement rules that National Highways have applied to the new framework. Three of which are in a Joint Venture (JV) with our Renew sister company AmcoGiffen.

Contracts Awarded

Civil Engineering: Central Super Region – Areas 6, 7, 8 and 9.
Drainage: North East Region – Areas 12 and 14.
Road Restraints: Central Super Region – Areas 6, 7, 8 and 9 in a JV with AmcoGiffen.
Road Restraints: North West Region – Areas 10 & 13 in a JV with AmcoGiffen.
Road Restraints: North East Region – Areas 12 & 14 in a JV with AmcoGiffen.

SDF will replace the current Construction Works Frameworks (CWFs) and ASC/PAD contracts. The phased introduction means that our current Civil Engineering, Drainage and Road Lighting & Electrical CWF contracts continue in Area 10 until 2023 and Area 6&8 until 2024.
A strong outlook

Delivering these new framework contracts as a Tier One supplier to National Highways, builds a robust forward programme through to 2027/28. The move into road restraint work alongside AmcoGiffen diversifies our portfolio of work and provides further opportunities.

Andrew Sharp, Carnell Deputy Managing Director commented:

“We have built a strong reputation on safely delivering drainage and civils schemes on the strategic road network over the last three decades. I am thrilled to have secured these SDF contracts, which will see us further develop our collaboration with National Highways and fellow delivery partners. These frameworks represent the longest duration, highest value contracts in Carnell’s history. Coupled with the move into road restraints, this provides a fantastic, solid foundation on which to grow and develop our business further in the coming years.”

rivaldo
27/9/2021
16:44
After seeing in person the damage in Dawlish and noting the speed and efficiency with which it was repaired I bought a stake in Renew. It has performed admirably since. It seems to have come off its peak recently but I am waiting to top up my holding.
irenekent
26/9/2021
06:35
RNWH gets a brief tip/mention in today's Mail on Sunday, in an article about AIM and which companies to buy:

Https://www.thisismoney.co.uk/money/share-investing/article-10027699/Volatile-AIM-Wild-West-brave-chance-strike-gold.html

"Lee Wild, head of equity strategy at wealth platform Interactive Investor, also likes.....engineering infrastructure business Renew Holdings. All fit Millar's template of niche market leaders.

Wild adds: 'All three have been brilliant in terms of share price performance, but they also pay dividends to shareholders.'"

rivaldo
22/9/2021
13:19
I seem to remember that repairing the Dawlish Sea Wall started the ball rolling for Renew rejuvenation. Are they still involved?

The latest on Phase 2 of the repairs is on Youtube for those interested :
https://www.youtube.com/watch?v=MycniCZtvWg

wfcreserves
17/9/2021
10:27
A stop for refuelling before results?
wfcreserves
15/9/2021
11:57
Looks like we are off again ...to infinity and beyond?
wad collector
09/9/2021
05:48
RNWH are tipped in today's Telegraph as one of five "renewable" companies who'll benefit from billions of pounds to be spent in the nuclear sector:

Https://www.telegraph.co.uk/investing/funds/go-nuclear-five-renewable-investments/

rivaldo
08/9/2021
06:03
Very positive commentary from Peel Hunt in the Yorkshire Post:

Https://www.yorkshirepost.co.uk/business/strong-demand-pushes-renews-results-ahead-of-expectations-3374351

"Analyst Andrew Nussey at Peel Hunt said: “Following the better than expected interim results, Renew has continued to deliver a strong trading performance.

“Activity levels remain high, supported by the strategic differentiation through self delivered, essential multi-disciplinary services to key infrastructure assets.

“Moreover, the operational focus and improving quality and mix of earnings has supported an increase to our margin expectations.

“We note that the integration of the two cash financed acquisitions in the period, Browne and REL (for a combined price of £32.5m), are proceeding to plan and trading in line with management’s expectations.”

rivaldo
07/9/2021
07:38
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.
dr biotech
07/9/2021
07:30
Wow , glad I only sold a few in last yr!
wad collector
07/9/2021
07:25
Peel Hunt PT rises to 900 from 750.
bsdjj
07/9/2021
07:15
First price target change early doors is house broker Numis raising PT to 875p from 730p.
bsdjj
Chat Pages: Latest  396  395  394  393  392  391  390  389  388  387  386  385  Older
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