Renewi Share Discussion Threads

[george stobbart] 05/2/2020 07:13

Another insider buying from CEO Otto de Bont yesterday.

Last time he bought, they announced the ATM news the day after and stock popped +25%

[gregsc] 04/2/2020 18:21

Nine million shares changed hands today. That is exceptional for Renewi, so something must be happening.
More patience needed.

[markjb49] 04/2/2020 17:23

I sold some at 36.5p this morning. Thinking it might pull back a bit again. Had hoped Amsterdam listing would have catapulted it into the 40s but not looking that way.

[george stobbart] 04/2/2020 16:43

that 37p selling iceberg looks hard to break

[george stobbart] 04/2/2020 09:41

ESG stocks are rallying globally: Bernie win in Iowa / US Green New Deal + UK Gov carbon decision.

[sphere25] 04/2/2020 09:14

Nice trading share this. Nip in and out of it regularly.

Noted the unusual heavy buying this morning and just watching to see if that key 37 mark breaks. A potentially very significant breakout on the cards here.

[8robson] 04/2/2020 09:03

Anything ESG should do well today- uk government tackling carbon neutrality and briging forward the dates on the ban of diesel/petrol cars. Could be sparking some positive sentiment

[dplewis1] 04/2/2020 08:53

Fairly solid volume on RWI today..

[mathurin1] 03/2/2020 18:55

Given the Amsterdam listing it's disappointing to be stuck at 35p but seems another year is going to be necessary to reassure the market on profit outlook.NOT a share for the day traders - a small blessing to be rid of their futile forum comments on some other shares.

[markjb49] 01/2/2020 20:48

GregSC nice 👍. My average is about 31.5p but I have been buying and selling half my holding

[gregsc] 01/2/2020 10:54

I think we may need a little patience here, at least I am still sitting on a 20% gain.
Happy to wait a while.

[markjb49] 31/1/2020 23:05

Well they finished off within 2% of each other and given markets had a challenging week things could have been worse

[gnawe] 31/1/2020 21:43

Well another great success by the company at the launch of dual listing.

[markjb49] 31/1/2020 09:53

There is about a 4% difference now

[george stobbart] 31/1/2020 09:13

Unreal and disappointing

Up +2% again in AMX while price is dead in London

[8robson] 30/1/2020 16:19

My thoughts are it's the first day, there can often be time lag between trends in even established dual listings. The increased interest in the AEX listing will be from new buyers (private and institutional investors). These differences will even out fairly quickly; too much opportunity for arbitrage algos and investors.

[markjb49] 30/1/2020 15:31

Any ideas for the 3% price difference?

[markjb49] 30/1/2020 10:49

This seems a little unfair if you can transfer your shares and sell them in euros convert money and then re-buy in gbp.

[george stobbart] 30/1/2020 10:36

currency EUR/GBP -0.01% currently so it doesn't make sense.
broker Degiro has added the EUR shares for trading already and I asked them to convert my GBP into EUR

[dplewis1] 30/1/2020 10:26

Anyone with a spreadsheet and a decent pairs trading algo will be arbing the hell out of this

[mathurin1] 30/1/2020 10:20

How to switch from London to Amsterdam- the least would be for London to tell us how - we have all known for eons that Amsterdam was where we should be .

[gregsc] 30/1/2020 09:54

No idea. This is all new to me george.

[george stobbart] 30/1/2020 09:43

That's crazy +5.4% in AMX and price is dead in London.

that's why i was asking about currency translatiosn, will it catch up automatically in gbp terms?

[markjb49] 30/1/2020 09:14

I noticed that wonder whether GBP version will catch up to 38p within the hour??

[gregsc] 30/1/2020 08:58

hmmm.
RWI up 1.5% in London and up 5.4% in Amsterdam at 9am