Renew Share Discussion Threads

[igoe104] 05/2/2021 12:47

VHE Construction has now applied for planning permission to 'remediate' the land owned by the National Grid and used as a vehicle salvage yard.

[rivaldo] 03/2/2021 06:54

New £2m contract award yesterday to AmCo for culvert inspections and engineering works, for completion befoe the end of March:

[rivaldo] 02/2/2021 15:17

Always ignore the spread on the screen. The real spread online at present is only 530p-540p, though obviously it changes all the time and varies between brokers.

[krutt] 02/2/2021 14:56

Why such a large spread?

[zangdook] 02/2/2021 00:25

Thanks, Rivaldo, that's an interesting list.

Four of the seven have PEs of 24 or higher, and two of those pay no dividends, which makes RNWH stand out even within that group.

(I'm not so inclined to dismiss "suspiciously cheap" stocks - they just require a bit of investigation, but then any new investment does.)

[rivaldo] 01/2/2021 23:10

The IC have today screened the entire market using the stringent criteria below.

Only seven AIM companies pass all nine tests (and none atall from the large caps). RNWH are one of them:



"AlphaScreens: the quest for quality
1 February 2021
Aim stocks lead the way in this month’s screen

The holy grail for buy-and-hold investors is to find a business that is capable of generating a high return on capital and sustaining it while reinvesting profits. This screen looks for shares that display these quality characteristics and can potentially deliver significant compounded returns over time"

"●An operating margin higher than the median average (mid-ranking) stockin each of the past three years (i.e. quality that shows some signs ofpersistence).
●A return on equity (RoE) higher than the median average (mid-ranking)stock in each of the past three years (i.e. again, quality that shows somesigns of persistence).
●RoE higher than it was two years ago (i.e. quality is improving as well aspersistent).
●Operating margin higher than it was two years ago (i.e. quality isimproving as well as persistent).
●A dividend-and-debt adjusted price/earnings growth (PEG) ratio belowthe top fifth of stocks screened (ie stocks must not be too egregiouslyexpensive for the growth on offer).
●A price/earnings (PE) ratio above the bottom 10 per cent of stocksscreened and below the top 10 per cent (i.e. not a suspiciously cheap ordangerously expensive valuation).
●Interest cover of more than five (i.e. high RoE is not overly dependent onthe use of debt).
●Forecast earnings growth for each of the next two financial years.
● Positive forecast free cash flow"

[tole] 28/1/2021 18:40

Fall looks a little exaggerated today.. but need to take into account it went ex-dividend today.This will be paid on 5 March 2021 to shareholders on the register as at 29 January 2021, with an ex-dividend date of 28 January 2021. As no interim dividend was paid to shareholders, this will represent a full year dividend of 8.33p per share

[rivaldo] 28/1/2021 09:12

Excellent news for RNWH's Clarke Telecom:



"Targeting of mobile ‘not spots’ begins

Three leading mobile phone operators are to build and share hundreds of masts as the industry seeks to boost rural coverage.

O2, Three, and Vodafone said that construction of the 222 masts would begin this year and be completed by 2024 as part of an agreement with the government and Ofcom, the regulator.

A £1 billion programme to improve rural mobile coverage was agreed between operators, government and Ofcom in March last year to increase all operators’ 4G coverage to at least 90 per cent of the UK land mass and their aggregate coverage to 95 per cent by 2026.

etc"

[wfcreserves] 28/1/2021 08:46

Perhaps we could get a Reddit group on it?

[wad collector] 27/1/2021 23:10

Ironic that the share price dropped all day having bounded up on statement ,but I think that was not about RNWH. There are even better times ahead here I think we mostly agree.

[rivaldo] 27/1/2021 07:37

Short and pretty sweet:

- trading nicely in line, unaffected by the lockdown
- order books continue to grow year on year
- cash flow in line too

That'll do for me (Tommy).

[wfcreserves] 27/1/2021 07:18

You got it

[wad collector] 26/1/2021 22:09

Last years statement was precisely 4 lines except for personnel news. 2017 was a garrulous 5 lines .I hope tomorrow there will be 4 short understated positive lines.

[rimau1] 26/1/2021 20:43

I am very confident of a bullish outlook statement tomorrow, usually a good sign with a late price rise. Is tomorrow the day that we finally breach the 580’s?

[cwa1] 26/1/2021 16:27

Fingers crossed for something acceptable

[rivaldo] 26/1/2021 16:03

AGM and trading statement is tomorrow for the record.

[rivaldo] 22/1/2021 07:21

RNWH's Amco Giffen subsidiary yesterday won a £439,000 contract for major rail works from Highways England:

[rivaldo] 21/1/2021 11:03

"Flooding is affecting numerous rail routes today (21 Jan) as heavy rain continues to batter the railway network."

Terrible for those on the receiving end, but likely a nice bonus workload for RNWH in terms of both rail repairs and flood defence work:

[wad collector] 21/1/2021 10:56

No I am talking B@@Ks, I just hadn't updated the chart .

[wad collector] 21/1/2021 10:51

Must be breaking an ATH soon. Though I guess the ATH label does not allow for inflation , and the 2000 levels were relatively higher.
Actually I am wrong the share price in the Lovell Homes day was much higher.

[rivaldo] 20/1/2021 14:05

Buying coming in now at 566p-567p, and sells achieving a premium over the bid. Looking encouraging.

[rivaldo] 04/1/2021 13:46

Today's RNS confirms the AGM will be 27th January - only 3 weeks until the next trading statement then:



I note that questions can be sent to [e-mail], but not sure how these will be addressed. Will there be a transcript released with the answers? An Investor Meet presentation would have been preferable, but RNWH don't appear to have wholeheartedly embraced PI/shareholder involvement yet.

Anyway, I look forward to the statement being nicely bullish given that trading had "started well" for this year per the prelims.

[robow] 31/12/2020 15:48

yes my thanks also to Rivaldo and Happy New Year to all

[wfcreserves] 31/12/2020 13:51

Another one with thanks to Rivaldo for keeping us to date with news stories.

And a Happy, and more important, Healthy New Year to one and all!

What could go wrong? Well Johnson's still in No 10..........................

[dr biotech] 31/12/2020 13:43

Well this time last year covid was something that was only in Wuhan. Couldn’t possibly cause issues over here. Surprising really how few saw it coming and traded accordingly. I certainly didn’t.

But life looks forward not backward, this has been one of my better decisions and one of the more informative threads to read. let’s hope for further progress.