Renew Share Discussion Threads

[igoe104] 04/4/2019 13:47

Contractors in place for Ravenscraig park.

“VHE Construction Ltd will carry out preparatory ground works and remediation at the site; this work will substantially start in May.

[wad collector] 02/4/2019 20:54

It would be cheaper to follow the Eastern European approach ; backfill the area and produce some falsified Groundwater documents care of the underpaid local Government inspector. We do make such a fuss of such minor contamination issues. Just the same with Uranium ...

[rivaldo] 02/4/2019 12:29

New contract win for VHE:



"Shawfield Remediation and Earthworks Phase 2 Works Package 1

02 April 2019

VHE have been awarded the latest contract from Clyde Gateway to remediate Chromium impacted ground within the Shawfield area of Glasgow. The appointment follows successful works carried out on Phase 1 during 2013/14 and also two phases of product trail works at the site during 2016 and 2017.

The project is part of a greater scheme within the area to remediate Chromite Ore Processing Residue (COPR) from the former J&J Whites Chemical Works, which has been used to backfill disused clay pits in the area. The main environment issue of COPR is the presence of hexavalent Chromium (CrVI). The scheme designed by consultants Aecom will see reducing agents injected into the ground to convert the mobile and toxic CrVI into the more immobile and less toxic Cr III.

VHE’s works follow two periods of product trails on site to determine the best form of reducing agent to be used. It was concluded that two forms of Calcium Polysulphide are to be used. Where concentration are at the highest (at least an order of magnitude higher than Phase 1) pre-treatment of the ground will be undertaken by injecting another reagent to partly act as a catalyst to the reduction reaction.

It is anticipated that over 2 million litres of solution will be injected into the saturated zone of the 2.5ha site via 4,750 injection points. Each injection point shall drill a steel tube into the ground up to a depth of 7m on triangular grid pattern. A pre-set volume of solution will be delivered through the tube at 200mm vertical intervals, removing the injection rod from the ground at the same time ready to be installed in the next location.

The injected solution will be batched on-site and delivered to the point of injection via a sealed system. Up to 8 injection teams will be working simultaneously to achieve the works within a 30 week programme.

The works will involve the close control and presentation of thousands of data sets and records to verify the works undertaken followed by a groundwater monitoring regime of the area to assess the successfulness of the works in reducing the concentration of CrVI within the groundwater."

[wad collector] 01/4/2019 17:09

Nice to see one of my holdings that doesn't want to make excuses for performance on the update; not one I shall lose sleep over.

[harrogate] 01/4/2019 14:30

Hard to argue. I agree roads looks the most likely and to get into will need a deal. But I would think they will try to get debt down a fair bit first and limit equity needed like they used to! Been decent recovery so far in 2019 in price

[thecroots] 01/4/2019 14:01

I'm out for a while. Can't see this going anywhere until results day and political uncertainty dies down. I would imagine an acquisition sooner rather than later (Guessing roads) i just don't want the scenario of a placing like what happened with QTS as it killed the share price somewhat

All in my opinion of course, just see more chance of south than north at the minute.

[harrogate] 01/4/2019 11:55

I agree we should be on a higher rating for all the reasons you highlight but it is going to need more than doing 40p this year and 42p next by the look of it. I still believe that is a lot of political risk but WTFDIK !

[rivaldo] 01/4/2019 09:28

The market has previously put RNWH on a rating well above 10 when it was at 450p-475p.

For a while RNWH lost a little trust due to Forefront, mistrust of the acquisition policy etc.

And no-one at the halfway stage of the year would expect RNWH to be saying anything more than that trading is going well and in line with expectations. Anything more bullish than that will hopefully come later.

But with the successful QTS acquisition in its principal skill set and sector, the new Network Rail focus on RNWH's core activities for the next 5 years, and the recent succession of solid trading updates with no alarms, plus the securing of large chunks of forward income via frameworks, perhaps the market is starting to rediscover RNWH and will begin another re-rating.

[harrogate] 01/4/2019 08:42

While in line updates are not to be sniffed at these days I am a little underwhelmed and I don't see anything here to drive the price much above where we are given continuing political risk. To say that first half trading is above last year when you have spent £80m on an acquisition in the meantime seems a little disingenuous. Still a hold but what is going to drive it forward as the market thinks a multiple of 10 is the rating we deserve

[rivaldo] 01/4/2019 07:16

Excellent - today's RNS confirms H1 results will be strong, and shows confidence that full year expectations will be achieved.

RNWH are now in line for over 39p EPS this year. Given the certainty and the long-term order book - note the award of even more framework contracts - the share price should start heading towards those broker targets of 580p or so:

[rivaldo] 25/3/2019 10:10

Nice two-year £8m contract being completed and winning awards for Seymour Civil:



" THE North-East's first triple-decker roundabout is nearing completion thanks to support from a company that has earned two awards while on site.

Seymour Civil Engineering were contracted to install £8m worth of highway and kerb drainage for the Highways England Silverlink "super roundabout" due to finish in a matter of weeks."

"Hartlepool-based Seymour Civil Engineering were contracted by John Sisk & Son to join the scheme and have been on site for 102 weeks to date.

During that time, the engineering firm have earned the Supply Chain Partner of the Year Civils UK Award at the Sisk Supply Chain Awards ceremony for the last two years for its work on the project, with particular mention made about the quality of work and its collaborative approach.

Ryan Browell, contracts manager at Seymour, said: “It’s definitely been one of the largest projects that I have been involved in throughout my career."

[thecroots] 22/3/2019 11:30

£1.8m so far

[thecroots] 22/3/2019 11:29

Thats some sizeable buys this morning

[rivaldo] 20/3/2019 11:48

Looking very interesting now - £47,000 of shares just bought at 398p. Hopefully the start of a run back to 450p+.

[thecroots] 19/3/2019 19:38

Chart looking awesome.

[wad collector] 18/2/2019 15:41

Looks like £4 is on the near horizon again. I think the whole market rather likes the Labour split. Bit of a crack more than a split mind you; I hadn't heard of any of them.
Actually I hardly know the names of any Labour Shadow cabinet never mind MPs ; I don't think they are allowed to say anything.

[harrogate] 18/2/2019 14:44

Maybe the reduced risk of a labour government given the breakaway today is helping?

[igoe104] 18/2/2019 14:42

nice rise finally the nail is hitting home.

[igoe104] 16/2/2019 09:10

Cheers for that Jeff, extremely positive.

Love the Alan McLeish story, very inspiring.

[jeff h] 15/2/2019 20:10

Capital Markets Day presentation:-

[harrogate] 15/2/2019 12:53

I have no doubt that these new areas would need acquisitions so it is interesting that the areas have been flagged in this way.

[jeff h] 15/2/2019 12:40

Another large Dawlish contract for Amco??:-

[rivaldo] 15/2/2019 07:15

VHE win £2m contract to be delivered in the next year:



Sounds like there's a lot more work to come too:

"While a portion of the Shawfield site - the new Shawfield Industrial Estate - was relieved of Chromium VI in 2014, the South Croft Road area, known as phase two, is expected to take approximately 10 years to remediate in a programme of works led by Clyde Gateway Urban Regeneration Company.

This 2019/20 project is the first to be completed in phase two.

Jim Clark, senior manager at Clyde Gateway, said the project is a significant milestone for Clyde Gateway.

He said: “We are 10 years into a 20-year project.

“Shawfield is the key priority. It will take 10 years to really remediate that land, but people will see progress over the next 12 months."

[rivaldo] 14/2/2019 10:25

Cheers, reads very well as you say - here's a direct link:



The potential of entry into Highways maintenance and into Transmission and Distribution is exciting. Can these new markets be conquered using existing resources or would they entail further acquisitions? Perhaps a combination of both.

[harrogate] 13/2/2019 15:16

The capital markets day presentation is on the company website and makes impressive reading in terms of revenue visibility and growth opportunities. No real financial numbers as you would expect but I sense we are building momentum