Renewi Share Discussion Threads

[pugugly] 29/3/2019 07:17

About as bad as expected -

Looks as though managemnt may have painted as dark a picture as possible and kitchen sinked everything - BUT sugared some bright skies (possibly) ahead - No idea what Mr Market will do with it - possibly a further mark down?

[dplewis1] 29/3/2019 07:04

There's the divi cut..

[taximania] 28/3/2019 15:02

Last ATM update was done late afternoon... Hold on to your hats lol

[taximania] 28/3/2019 14:47

Nice and big like voda?

[eentweedrie] 28/3/2019 14:18

news tomorrow then...

[george stobbart] 28/3/2019 13:42

was it a boy or a girl?

[jdung] 28/3/2019 13:01

At Dec 2018, buy at 40p, sold out 36p, small lost.
today try looking again, not sure-----"buy" ?
asking boy who is working in City.
the boy say: you are old age man, never try buy downside sharess.
juast pick up some big company, it is safe and long time holder

[george stobbart] 27/3/2019 12:53

I think there is no end date on the sinfin council decision.

It could go forever or being cancelled at any point unless Interserve pays the remaining opex required to fully cert the facility

[taximania] 27/3/2019 12:16

As I understand it the councils have until 31st to make a decision on Sinfin, if it is certified as fully operational they will pay the 50m, if not they may try to argue that they have the right to withdraw and not pay, although that would be challenged of course and they would have to return to landfill, lots of councilors agitating for cancellation but ruling body is loathe to go down that route?

[george stobbart] 27/3/2019 09:48

Yes I agree. What I do expect:

- ATM Soil: Nothing new, still working with the regulator
- Derby / Interserve: Nothing new, still working with all parties to bring sinfin online
- Sale of Canadian / Reym business: Very positive, agg sale to be c. EUR 130-160mn (current market cap of RWI = c. 200mn)
- H2 2019 trading update: Positive, in-line / ahead of boards expectation. Price increases have been implemented in the Benelux

[taximania] 27/3/2019 09:33

Got to assume any ATM update is just going to repeat what has already been said.

[george stobbart] 26/3/2019 16:27

Last year they released news on a sale of asset on last day of March and a Trading update on 4th April.

Now news expecting

- This week until Fri 29 Mar: Update on ATM soil (as they promised) and announcement of the sale of Canadian business / Reym

- Next week: Trading update for the fiscal year 2019 ending 31 Mar 2019

[sunnybeachboy] 26/3/2019 16:04

Days are running out March. Good or bad news must come soon.

[dplewis1] 25/3/2019 09:03

Yup. Not ideal to have the largest insti selling

[sunnybeachboy] 25/3/2019 08:50

Seller still selling RNS

[gnawe] 22/3/2019 21:05

No it's somebody buying to sell. Hmmm

[george stobbart] 22/3/2019 11:29

should see a TR1 on Monday given todays volume

[dplewis1] 22/3/2019 10:50

Hmm interesting. 9 million at 24.15 that's a lumpy print!

[gnawe] 22/3/2019 10:43

1% short closing?

[george stobbart] 22/3/2019 10:25

10mn bid traded (ahead of ATM soil news release next week)

[sunnybeachboy] 21/3/2019 09:58

Mid 10s. Now that would scare the life out of me. Keep money available for bad news peeps to average down

[gnawe] 21/3/2019 08:14

OK, Thanks.

[dplewis1] 21/3/2019 08:10

The trades after hours were marked "OB; OF; TNCP". So off book, off exchange and not contributing to price discovery. So probably from earlier in the day.

[george stobbart] 21/3/2019 07:16

News expected in the next few weeks on:

1) ATM soil
2) Derby sinfin Cert
3) Sale of Canadian biz / Reym for c. EUR 130mn

If one of the three is positive could send the stock to 40s (as a first step) given how bad its beaten up. If all comes negative, it could see mid10s.

[gnawe] 20/3/2019 17:30

To build up a bank of cheap stock so they can again sell into a rise and as the price drops other holders will follow suit and the price again drops. Please tell me why the after hours sells are below the opening price given they are indicated as not being late. Bloody con by the market.