Renew Share Discussion Threads

[mayers] 29/3/2018 17:57

Fangorn2

I referred to decent treatment, rather than squalor, not relative luxury.
The activities you describe can be part of rehabilitation. You cannot know who can be rehabilitated unless some attempt is made and in the longer term this reduces costs.

[fangorn2] 29/3/2018 16:51

Most prisoners however are not rehabilitable.
Nor should they be kept in relative luxury.

£40-45,000 per prisoner per year is current cost.

Ridiculous waste of money.

They need to be out paying off such cost.

Collecting litter, picking fruit n veg,and make them wear those orange suits that identifies them

[mayers] 29/3/2018 16:20

Pathetic response, hvs. If you treat prisoners decently you have a much better chance of rehabilitation: squalor doesn't help.

[hvs] 29/3/2018 09:10

in the light of the squalid state of prisons.

lol !!!!!

Give them 5 star LUXURY all inclusive.

[mayers] 13/3/2018 19:54

(Note that File-on 4, BBC 8.00pm this evening is not quite so enthusiastic as rivaldo (8602) in the support services of Amey in the light of the squalid state of prisons.

[rivaldo] 12/3/2018 09:35

Noticed two new contracts for VHE here:



"VHE secure contract with Leeds City Council
31 January 2018

VHE’s success with securing remediation contracts with local authorities continues with a contract for three sites located off Bath Road and Sweet Street, Leeds.

etc"



"VHE secure Gasholder Demolition project in Birkenhead
09 February 2018

For over 20 years, VHE have played an important part in the redevelopment of many of the gas network sites across the country through demolition and remediation projects. Since 2013, we have demolished gas holders across the UK including sites at Blackpool, Sheffield, Lostock Hall, Derby, Leicester and Warrington.

The most recent project is located at Hind Street, Birkenhead, on behalf National Grid Property Holdings. National Grid have been a VHE client for over 20 years – if you look closely you can see that on the site banner!

etc"

[rivaldo] 23/2/2018 09:07

I see that Amey have taken up Carillions's Network Rail contracts:



It's worth noting that RNWH's AMCO originally bought their tunnelling division from Amey, and that Amey and AMCO seemingly have a close relationship given their work together on major projects.

Hopefully this is good news for RNWH.

[rivaldo] 20/2/2018 11:08

Tipped here FYI:



"Ninefold increase

Take Renew Holdings (LSE: RNWH) for example. The AIM-listed engineering services group has not only proven it can turn a healthy profit, but has grown its market capitalisation more than ninefold since September 2005 without recourse to new equity.

The Leeds-based group operates a number of autonomous subsidiary businesses which provide essential engineering services to maintain and renew UK infrastructure networks. These independently branded businesses have expert knowledge in their individual markets and directly deliver engineering services aligned to the needs of clients, many of whom are responsible for the long-term maintenance and renewal of national infrastructure networks.

Strong results

In its last completed financial year, the group delivered another strong set of results reflecting the company’s position as a leading provider of engineering services to many of the UK’s critical infrastructure assets and in particular the nuclear, rail and water markets.

Group revenue (including £2.2m from a joint venture) increased by 6.7% to £560.8m, with adjusted pre-tax profits up 13.1% to £25.2m, compared to £22.3m reported for the year before. At the end of the 2017 financial year, the group’s order book stood at a healthy £511m, with a net cash position of £3.9m after the acquisition of Giffen Holdings for £7.2m during the year.

High barriers to entry

Renew’s share price has enjoyed spectacular growth over the past decade or so, but I think there’s plenty more to come from this £250m small-cap . The regulated markets in which the company operates have high barriers to entry and, alongside the group’s extensive expertise in delivering asset care and maintenance, provide strong opportunities for long-term growth.

I believe the recent sell-off is unjustified with management confirming it has no financial exposure to Carillion. Herein lies a good opportunity for contrarians to buy on weakness at just 10 times current year earnings. Income seekers may turn their noses up at the relatively modest dividend yield of 2.7%, but payouts are covered more than three times by forecast earnings, leaving plenty of room for hefty hikes in the future."

[zimbtrader] 20/2/2018 05:58

Seems to be in a gradual recovery ahead of the next trading update in early April. I did top up around 386 and took profits at 402. Surprised it went much further but quite happy!

[rivaldo] 19/2/2018 23:02

Nice £60,000 buy at 419p today was largely responsible for the move up.

[harrogate] 16/2/2018 15:01

I am sure that is right but it is all on frameworks and I think the next rail one is done in 2019 - I think that is the key growth opportunity for them so fingers crossed

[glaws2] 16/2/2018 08:08

I would have thought that the news that National rail is going to spend less on big new projects and divert spending to maintenance and renewal has got to be good for RNWH

[wad collector] 07/2/2018 15:49

A traders share this week! Not me though.

[sphere25] 07/2/2018 12:10

Book still looking very strong.

+6.2% now and finally bouncing back.

Some common sense returning.

[rivaldo] 07/2/2018 10:49

Nice £167,000 buy at 388p from earlier today just reported, the reason for today's early bounce to the current 393p mid-price.

[sphere25] 06/2/2018 19:41

Added today.

Big buyers on the book for the first time in a long time. The book was as strong as I have seen it for a very long time.

Discount some risk for the recent news yes, but to go this far down - bonkers!

[zimbtrader] 06/2/2018 17:34

Nice to see some blue for a change. Was starting to think my screen was faulty and stuck displaying red only.


Ivestors might start to see Renew as a more defensive stock to hold given their core business. I did reduce around 448 but disappointed by the (over) reaction to recent updates.

[rivaldo] 06/2/2018 15:12

Yep, RNWH doing rather well :o)) Hopefully just the start of a rise back to 450p.

[wad collector] 06/2/2018 13:48

Wow, something blue in my portfolio today ! It is a go away and forget about it day on the wider market for me.

[rivaldo] 06/2/2018 07:52

OK, can't be bothered to carry on this amusing but completely pointless exchange any more, enjoy your day :o))

[tjbird] 06/2/2018 07:48

that could be another £18m write off then. Nice and decisive.

:)

[rivaldo] 06/2/2018 07:45

:o))

"In Wireless Telecoms, we continue to see profitability improve in a market driven by increasing demand for capacity and better geographical coverage, particularly on the 4G rollout programme."

[tjbird] 06/2/2018 07:38

yes they can be decisive about mobile infrastructure next, that could be another £10m write off

[rivaldo] 06/2/2018 07:36

Gas didn't improve subsequently so they sold it. Nice and decisive. No problem.