Renewi Share Discussion Threads

[wad collector] 13/7/2017 08:54

Yes , my portfolio is in dire need of some good news and this is solid. Hopefully the share price has bottomed.

[betman] 13/7/2017 08:27

Not so long for more news !!!
A very positive AGM statement, showing most divisions doing well. Merger probably created some uncertainty and management focus but now benefits are starting to flow through. Improvements in European GDP growth should reinforce this

[betman] 27/6/2017 08:44

Ex divi on Thursday, 2.1p
Price has been very weak although I am not sure on what basis other than Sellers > Buyers. It will be quite awhile until we get new factual info on the business.

[wad collector] 06/6/2017 11:12

My buy not looking so clever now as it nears a 6 month low despite the FTSE100 at near ATH.

[keyno] 27/5/2017 11:39

Taking a long-term view with this one which I bought yesterday for my ISA. I see a good growth story here, assuming management do their job properly, that is. GLA.

[betman] 26/5/2017 16:25

The market seems very unhappy with the results. I assume this is a lot to do with the Municipal division or am I missing something ?? The webcast of the results is pretty positive but acknowledging some challenging sites in the UK. The merger synergies don't appear to be huge currently but there seem to be multiple opportunities to leverage revenue and profit in the future, given a continued European recovery
My feeling is that a price in the low 90's is a great buying opportunity on a 2 - 3 years time horizon. Anyone got any views or contrary thoughts ??

[wad collector] 26/5/2017 09:21

Thanks Fez , more luck than judgement that one ; bought back this am at 93p. Quick 13%. Wish they all worked out like this!

[fez77] 25/5/2017 22:38

You did well, Wad. I think they will definitely go back over the 100, and final dividend of 2.1 pence per share will be paid on 28 July 2017 to shareholders on the register at close of business on 30 June 2017.

[wad collector] 25/5/2017 11:12

Results have just knocked the share price back ; they don't look that bad to me. Tempted to buy back .

[wad collector] 12/5/2017 15:22

Sold today at 106. Just suspect ,with the FTSE at an ATH , it is time to exit for a bit.

[betman] 08/5/2017 16:59

Todays move a "post Macron" event and relief that Marine was sunk. Growth prospects for Europe as whole are improving and that must be good news for RWI. Next resistance level looks like 110p going back as far as 2014. Based on Wads previous comment this has been broken. Looking back on the chart it was over 250p in 2007 :-)

The rights issue was 3 for 8 so is it correct to multiply share price by 1.375 to get equivalent pre rights price ? Is that just non sense as more shares were issued ??

[wad collector] 08/5/2017 13:01

The share price graph is misleading in that the november drop was 14.25p xr. If you add that back in , the current price (102p) is a 3yr high.

[999rp] 08/5/2017 09:34

Yep broke the 100 barrier where next

[wad collector] 17/3/2017 09:43

Heading that way today , but seems to have stayed in a 93-98 range for a couple of months now.

[betman] 06/3/2017 14:14

New name, new start ?? How about breaking 100p to celebrate ?? European GDP growth looking better than UK so that should be good for RWI

[wad collector] 06/3/2017 09:45

Well done starting the new thread. Title looks fine to me!

[a0148009] 03/3/2017 18:01

Hi Chaps you can change the title if you wish.