Renew Share Discussion Threads

[onjohn] 24/5/2016 07:51

9 minutes to deal time, stand by your beds men. Im getting nervous and i dont hold anymore.

[cjallaway] 24/5/2016 07:46

Good set of results. Well deserved hold as H2 will be good.

[rivaldo] 24/5/2016 07:34

Excellent statement all round - with "Expected revenue for H2 secured" we can already be sure that the full results for the year will be good, and likely at least in line with expectations. And possibly better.

RNWH now expect to have net cash by the year end, so there will surely be further earnings-enhancing acquisitions soon.

All divisions are thriving, with the exception of the small gas division where the potential remains huge, and telecoms where activity will probably pick up after last year's industry consolidation settles down.

I'm a very happy holder. Lots more to come over time here imho.

[onjohn] 24/5/2016 07:34

lacklustre growth 5%
this will tank i suspect

[hvs] 24/5/2016 07:34

Very good solid set of figures.

I like forward guidance.

It remains the Board's strategy to grow our Engineering Services business, both organically and through selective earnings enhancing acquisitions. The growth in our order book and good cash generation gives the Board confidence that the Group will deliver strong results for the full financial year. Renew remains on track to achieve its target of a 4.5% Group operating margin for the year ending 30 September 2017.

And who is at present giving 18% increase in Divi ????

Anyone ????

[pugugly] 24/5/2016 07:25

Results good BUT run rate seems to be below forecast - Difficult to tell as too many adjusted figures !! and different analysts tend to use different adjustment factors.

Debt reduction seems better than expected.

Will have to wait for Mr Market but p/e and eps still (imo) attractive - Hold rather than sell (but what do I know !!)

[rivaldo] 23/5/2016 12:20

I'll be attending Davidosh, cheers.

[santangello] 23/5/2016 11:48

Many thanx for the offer dd....I am committed elsewhere sorry.Early rise tomorrow to digest numbers....

[davidosh] 23/5/2016 11:11

Final call for the meeting on Wednesday morning.....this is a busy board but not many of you keen to meet the board !?

[glaws2] 23/5/2016 10:26

I really would have liked to attend but have a prior commitment on Wed.

[davidosh] 20/5/2016 10:34

Would any of you like to join with me in meeting the management for a presentation on Wednesday next week at 10.15am in the City ? Just mail me via mellomeeting.co.uk

[cjallaway] 19/5/2016 10:21

Here we go :)

[gswredland] 18/5/2016 17:23

Yep 340 would be good!

[santangello] 18/5/2016 13:55

....that's why I'm adding Rivaldo.

[rivaldo] 18/5/2016 13:49

Looking very good value now imo.

We're only just over 4 months away from the new financial year, with consensus 31p EPS.

A P/E of just over 11 for a company with RNWH's track record is certainly interesting!

Especially with a large acquisition likely soon.

[santangello] 18/5/2016 11:24

Following the normal MM shake pre-announcements, to flush stop losses and knicker wetters, I have added a decent chunk over today and yesterday. IMHO 340p looks a floor to me, with the ceiling being 400p +

Sale time at these levels ??

[mick33] 17/5/2016 17:34

already here.......

[gswredland] 17/5/2016 17:22

I wonder if a top up opportunity is coming our way?

[santangello] 05/5/2016 09:22

Thanx for the heads up Rivaldo.

[rivaldo] 05/5/2016 07:10

RNS - interims, which we know will be decent from the trading statement, will be out on 24th May. With an analyst briefing from management too:

[rivaldo] 04/5/2016 11:32

Cheers hvs.

AMCO are busy - here's a "multi-million pound overhaul" currently under way:



Extracts:

"Leyland Station
April 27, 2016

A multi-million pound overhaul of Leyland Railway Station is currently underway and is on track to be completed by the end of May. Improvement works at the station are being undertaken to ensure that all members of the community and those travelling to and from Leyland can access all parts of the station.

The scheme was announced as part of the Government’s Access for All programme last year, which will see improvements made to stations around the country between 2015 and 2019."

"Chris concluded: “There has been some really good relationship building and collaboration between all stakeholders as well, so Network Rail and Amco in particular, but then also we have got Northern Rail who manage the station involved and we have kept them involved and up to date with everything and that has really helped us when we have needed their help.”

[hvs] 28/4/2016 12:23

Thank you rivaldo for all your postings and keeping us informed.