Renewi Share Discussion Threads

[taximania] 08/3/2019 19:23

and Brexit.

While principal responsibility for the commissioning of the Derby facility rests with Interserve, a failure to bring it into full service could result in Interserve meeting the ceiling of its liquidated damages obligations to Renewi, exposing the Group to certain future operating costs. Interserve also provide financial guarantees on plant reliability.

The Board continues to monitor and review the potential impact on the Group of Brexit. With an orderly Brexit process, we expect the export of waste from the UK to continue for some time, as there is a strong economic incentive for both the Netherlands and the UK to do so. Longer term, we believe the impact on the Dutch market is likely to remain limited. This is because an ultimate reduction in UK imports was already expected due to the commissioning of incinerator capacity in the UK and because increasing domestic demand in the Netherlands supplemented by new waste imports from other EU nation states into the Dutch incinerators are expected to take up any vacated capacity. Providing that there is no significant degradation in Dutch incinerator utilisation and pricing, the impact of Brexit on our Benelux Divisions is therefore likely to be limited. We also believe that the UK Government will continue to drive environmental policies that will encourage recycling after the exit from the European Union. In the event of a disorderly Brexit, we are taking action to minimise the impact of disruption in logistics flows relating to the export of RDF to the Netherlands. We are reviewing other anticipated risks so that we can offset them to the best of our ability and forecast them in the event that no deal is secured.

[sirrux] 08/3/2019 12:01

Don't know Warranty, but I think you are looking at the right thing...it's all a question of where these liabilities will drop and we cannot deny that RWI have exposure both directly and indirectly. The big institutional investors will be staying clear for those reasons but that doesn't mean this isn't a buy. It's just that if you're a buyer you are siding with the business who doesn't think it will all drop on their doormat otherwise they'd want to be telling us.

[warranty] 08/3/2019 10:22

Anybody any idea of the potential liabilities and penalty payments relating to the joint venture (RRS) with Interserve on the Derby Efw contract? Efw has been the single most destructive part in IRVs demise but I'm not aware of the projected financial impacts on RWI. This and the soil purification issue must be the biggest drag on the share price and once resolved should see a positive effect going forward.

[nick rubens] 06/3/2019 14:51

Kabouter have a big stake (11%),and have only reduced by 0.36%. Surely they are not looking to offload a few percent or more?

[sunnybeachboy] 05/3/2019 15:09

Seller still dumping then.

[dplewis1] 05/3/2019 09:36

Ok so Kabouter are actually selling now?

[george stobbart] 01/3/2019 16:25

placing/rights issue to do what? with the sale of Canadian bus+ Reym, cash will be 100% of the current market cap

[taximania] 01/3/2019 16:20

Don't buy any then Nick.

[nick rubens] 01/3/2019 16:16

Might be a placing/rights issue coming here? A director buy today, but not convincing enough for me.

[dplewis1] 01/3/2019 10:49

Well spotted..thx

[gnawe] 01/3/2019 10:34

It's a correction of Mar 2018

[dplewis1] 01/3/2019 09:51

Oh dear..Kabouter reducing. Let's hope not to zero..

[sunnybeachboy] 01/3/2019 09:49

Seller in the market could re-test 52 week low

[eentweedrie] 26/2/2019 17:20

back to 20's?Need an solid update on the Dutch soil currently Augean seems the best investment within this sector. Even Biffa struggling...

[george stobbart] 25/2/2019 16:35

Massive dump in the last 3 minutes. Business as usual

[parob] 19/2/2019 08:28

I see this as more of a slow burner with a nice divi whereas the recovery from the overhang there could be much faster and has only just got going.

[sunnybeachboy] 19/2/2019 08:25

Been watching that stock. When I entered here. It was that one or this. Should have bought that one st 20/21p

[parob] 19/2/2019 08:24

Have a look at FFI if you're looking for a place for your cash.

[sunnybeachboy] 19/2/2019 08:22

I sold out. Got bored

[george stobbart] 18/2/2019 16:52

Boring low volume day, more to see tomo.

[sunnybeachboy] 18/2/2019 08:25

Bid 28pAsk 28.35pA few on here wont like to see this rising. See you all at close for my last post of the day :)

[cyfran101] 15/2/2019 23:09

At the moment the is no catalyst for the share price to go near any higher. Atm issue is not resolved or even clarified, debt remains high, hard Brexit could have uncertain effects, no announcement to date of asset sales and dividend is possibly unsustainable. There only appears to be a case of FOMO as the price rises.

[sirrux] 15/2/2019 17:02

Hmmmm, horses let run today...looks tempting.

[dplewis1] 15/2/2019 16:26

The Bram Bounce continues.. Ah parob I've not seen your name in a while..