Renewi Share Discussion Threads

[kinwah] 01/5/2025 16:09:36

Yes no clue yet as to when the scheme might be sanctioned thus leading to an Effective Date. I've reduced my holding because it was taking up too much margin. (CFDs)

[wad collector] 29/4/2025 15:33:39

Hard to see amongst all those RNS, I just sold my last lot for 861. Bigger upside other places I think.

[outsizeclothes.com] 25/4/2025 12:20:32

Has anyone seen anything to indicate when the “Effective Date” is?

[wad collector] 09/4/2025 09:43:07

Agree, just done the same, It is a market full of opportunities , a better chance elsewhere...

[techno20] 07/4/2025 09:52:04

Sold this morning. Small risk of the deal not going through, but too many good opportunities elsewhere. Been a rollercoaster ride over the last free years, but nice to eventually pocket a decent profit. GLA.

[markiemark321] 15/2/2025 14:45:46

Maybe similar story for CBG.

[gregsc] 14/2/2025 10:54:18

For what it's worth I have bought into VANQ.
If the car finance thing turns out OK they will recover.

[sausage7] 14/2/2025 10:26:09

And for what it’s worth guys I have in my radar TTG, the horribly oversold RNO group and a recovery situation SFR. I still think there will be consolidation in the small fund management sector too. As ever DYOR 👍

[sausage7] 14/2/2025 10:23:55

Thank you KINWAH, nice of you to mention the names.

[sausage7] 14/2/2025 10:22:42

Many thanks for the names George, I will DMOR on these. Hope to see you again soon on another chat group.

[kinwah] 13/2/2025 21:19:53

RWI was always likely to go after AUG and BIFF. In my takeover portfolio I have ESNT, JMAT, and OXIG. Quite often you have to put up with seemingly endless poor share price performance then bang you get a 40% uplift. ZIG could be a target too for its Spanish operations. It's also encouraging that the CMA is being de-fanged by this government to try and kickstart growth. It's cost me a fortune in the past by blocking bids which were obviously good for customers and staff. A more lenient CMA might even allow a UK bank to acquire Santander's UK operations and cut staff numbers but keep more high street branches open as a result.

[pdosullivan] 13/2/2025 18:06:16

Well done all - and in particular thank you George for all of your insights over the years on Renewi. I am a happy camper today - a three bagger for me. Hopefully the proceeds will find similar positive outcomes!

[george stobart] 13/2/2025 16:26:07

long road indeed! HEIT LN (Harmony) is about to announce that they are selling themselves as per their various previous RNS, but most of the takeover premium has been baked in

elsewhere in the property space SHED LN is long waited to be absorbed by LMP likely at a good premium, but these externally managed trust boards can be really stubborn and time wasting.

[sausage7] 13/2/2025 14:15:06

It’s been a long road, I will miss you guys, we went through many highs and lows together 😁 where is the next Renewi? Answers on a postcard please !

[outsizeclothes.com] 13/2/2025 14:13:46

I couldn't blame you dplewis1, but it might be worth taking the minimal risk wait, as Greg suggests, for a possible second suitor to appear.
18p = 2%. If a 3 month wait it's 8% APR, so still attractive compared to money on deposit, or bonds.

[gregsc] 13/2/2025 12:59:37

I was hoping for a >£9 bid. I will hold for a while, because as far as I can see this stock is a sure winner from here. Supported by the bid price.

[outsizeclothes.com] 13/2/2025 12:49:10

You've got to have sympathy though for anyone who panicked sub £8 this morning.

[outsizeclothes.com] 13/2/2025 12:41:20

YEEESSSSSS !!!!

[jimmywilson612] 13/2/2025 12:27:35

There is the announcement :)

[george stobart] 13/2/2025 12:22:08

technically they can. it's until 5pm UK

[gregsc] 13/2/2025 12:04:41

Am I alone in thinking that the offer will be announced after the market closes.?

[sausage7] 13/2/2025 10:00:58

Nerves are fraying…

[pugugly] 13/2/2025 09:25:18

Market reaction suggests chance of back out increased - Leaky??