Renewi Share Discussion Threads

[outsizeclothes.com] 05/12/2019 15:20

The market, imho, is just pricing in the Dutch delay.
Until ATM is resolved and producing revenue again, it's a drag on overall performance and likely to hold the Group back from 'normal' business revenue, profits and paying down the debt.
And with debt still high, some caution may be warranted.

[george stobbart] 05/12/2019 10:48

Such a disaster stock.. Why don't they start a competitive PE bidding process to sell the company? With all this mania around ESG, renewables, recycling, sustainability etc and the monopolistic nature of the Dutch assets, this should find a buyer fairly quick.

The public markets obviously think that this company is useless and worthless.

[sjoerdaktetas] 05/12/2019 09:42

Disappointed in the recent share price trend, but we have to be patient...

[markjb49] 03/12/2019 10:21

Ouch - a big drop today. Any ideas why?

[george stobbart] 26/11/2019 09:43

Dither and delay every day by the Dutch government to get TCG approved. Is Corbyn their PM?

[sjoerdaktetas] 20/11/2019 19:51

Thanks Robsy!

[robsy2] 20/11/2019 19:22

Me again , I saw a bullish write -up on Augean ( AUG) in an article in IC entitled 'From the wasteland opportunity rises'
It was a sector focus on waste and the opportunites in the circular economy. AUG came out as the favourite stock alongside PNN , others like BIFF were mentioned . We are ranked as an outsider.
The article pointed out that exporting rubbish to china or elsewhere is not an option. It needs to be dealt with here . There is talk of 100% recycling of plastics in Europe by 2025.
So , while AUG comes top, the opportunity rests with RWI which is very underrated compared to the others.OK, RWI has a lot of debt but its green bonds , cheap as chips. RWI is embedded in the markets they serve . They are the agency that government will work through to implement the legislation that is needed.
We just need to be patient. 2020 could be our year.

[robsy2] 20/11/2019 16:42

Come on! Let`s not get too depressed.
Here is how I see it. There is demand for the services that RWI offer. The Dutch/ Belgian authorities need to license/ accomodate / support the activity. This process is the building of a service that is regulated , approved and sustainable.
The more problematical it is now , the bigger the moat around RWI's business.

[george stobbart] 20/11/2019 16:42

You tell us.

News regarding the regulatory issue could come out any day now or in the six months or never.

For financials performance, next trading update is end of Jan 2020.

[sjoerdaktetas] 20/11/2019 15:55

Disappointing return over the last weeks. Expected we had seen the levels below 30's. Still, the long-term expectations look solid to me.

When is the next date/event we can expect news? Beginning 2020 or will they publish something before before the end of this year?

[george stobbart] 18/11/2019 16:35

depressing

[george stobbart] 15/11/2019 16:32

She is answering questions today originally asked on 2 Oct 2019 so don't have high hopes that the TCG questions will be first thing on her agenda.

[gregsc] 15/11/2019 16:04

None so far. We may be waiting a long time for her to make up her mind.

[robsy2] 15/11/2019 13:16

Any answer?!?

[george stobbart] 15/11/2019 13:15

Yep and Stientje van Veldhoven will probably dodge the questions again. Dutch Govt is totally irresponsible

[robcoo] 13/11/2019 10:22

Thanks very much, George. Very helpful as always

[george stobbart] 13/11/2019 09:28

The "new" ATM will get the permits in the next few months and will be taking up 50% of ATM's capacity in H1 2020 and 100% by Sep 2020.

The "legacy" ATM that faces the regulatory issues has moved from "testing" the quality of the soil to "negotiating" with the main regulator to establish a new process. Then it needs to get individual permits from local municipal regulators which will take more time.

To be honest I lost any faith in the "legacy" ATM because the regulators are moving the goalposts every time it's near a solution and it's clearly become political after what happened with the dead cows, Dutch press etc.

The "new" ATM will have better pricing and margins vs. the legacy one and will only require £10mn to get it up and running according to mgmt call.

[robcoo] 13/11/2019 08:05

George, can you explain further? What is required for the po]roduct to become saleable?

[george stobbart] 13/11/2019 07:52

Because Soil quality is no longer the issue; Dutch politics is the real issue and can drag on for a while.

[robcoo] 13/11/2019 07:35

In the video sent on 8 Nov by GregSC the CFO says in relation to ATM: 'the regulators have confirmed that our soil has passed all tests'. That's clear enough so why has the market not reacted more strongly? And why has the 'announcement' emerged in this hole in the corner way?

[theolonghair] 12/11/2019 13:37

Since Juli 25th this year 18,16% growth; going great.
Even with the uphold from ATM, and other obstacles.
Nearly 2 years after a fusion seems to me pretty solid.
I have a lot of confidence that this company
will grow much larger.

Next paydate for Interim-dividends is 'Fri 10 Jan 2020'
Calculate an (estimate) following the link below:

hxxps://www.dividendmax.com/united-kingdom/london-stock-exchange/support-services/renewi/dividends

*edited post*

[george stobbart] 12/11/2019 09:40

Large gap & selling block @30p needs to get filled. Some signs of life here given the volume.

[gregsc] 08/11/2019 09:36

Want to watch an interview with the CEO and CFO of Renewi, carried out yesterday.?

[eentweedrie] 07/11/2019 16:45

Well not exactly a bad day - reckon we will be back in the low 30's soon