Renewi Share Discussion Threads

[wad collector] 07/6/2018 23:14

Can you really remember how to use a slide-rule? I think I last used mine in 1977 before we were allowed Casios in exams.
The whole market seems rather buoyant at the moment - not sure the rises will be sustained. One more foot in mouth from Trump and could easily see a correction. Might be a good time to take profits but who knows?

[fez77] 07/6/2018 22:06

Funny thing is, no-one seems to "run the slide rule" over them until they are £1 plus!

[asturius101] 07/6/2018 21:12

haha yes! reckon we will get to £1 before that happens though...

[dplewis1] 07/6/2018 19:43

Oh christ back down to 70 now then..!

[asturius101] 07/6/2018 19:03

nice write up in the IC

[asturius101] 07/6/2018 17:02

pretty large trades in auction there

[asturius101] 07/6/2018 13:29

looks like £1 really is coming quickly

[asturius101] 07/6/2018 13:14

yes, hindsight is a beautiful thing!

[asturius101] 07/6/2018 13:14

think this uplift has a lot to do with EU recycling / plastic legislation that has brought the RPC price down.

[dplewis1] 07/6/2018 12:54

Well I've held these for years and just goes to show you should have courage in your convictions sometimes. That drop last month to the 60's was completely pointless, just wish I'd bought more now.. This seems to be flavour of the month all of a sudden!

[asturius101] 07/6/2018 11:05

happy to wait....divi soon too.

[a0148009] 07/6/2018 10:27

Still a way to go to reach the 200day MA 96.86.
Sorry guys correction 92.86 that sounds better.

[a0148009] 06/6/2018 16:09

The final dividend of 2.1 pence per share will be paid on 27 July 2018 to shareholders on the register at close of business on 29 June 2018.

[asturius101] 05/6/2018 08:51

fair enough - it's a decent company now, definite acquisition target imo

[fez77] 04/6/2018 20:31

If you can buy at 70p and sell at £1 and keep repeating the process then you're home and dry!

[dplewis1] 04/6/2018 17:36

To be honest, this goes up to a quid then back down to 70p so often it's not even worth commenting on anymore.. hard to get excited as a long term holder really. I will wake up at 150p..

[asturius101] 04/6/2018 15:44

crikey, were up 20% in 3 weeks and this board is dead - hullo, anyone there?

[asturius101] 04/6/2018 15:00

this is going straight to £1 imho

[asturius101] 04/6/2018 10:58

someone is buying huge chunks

[fez77] 01/6/2018 14:51

Can't dispute anything that you say, Knausy, but I think it is a good area to be in, in these ecologically and socially responsible days. Recycling does have a great future. If RWI can just make progress in certain areas I am confident of a return to the heady days of £1 - and then always the possibility of a takeover approach. I'm quietly/cautiously confident!

[asturius101] 01/6/2018 13:09

another treeshake coming....

[knausy] 01/6/2018 08:56

Thanks Fez77 and Taximania. As a sceptic I'm rarely convinced by analyst predictions, albeit glad to have their analysis. I've been a holder of RWI for a number of years believing that recycling has to be the way forward for the world, it's just that RWI spectacularly managed to get their municipal contracts wrong in the UK. Yes, turnover is up significantly but so also the negative increase in all the other figures as a result, particularly so in EPS (-1040%). We need to see EPS in positive territory and PDQ. I'm slightly reassured by Director purchases and remain a holder for the present.

[fez77] 31/5/2018 22:24

Knausy - from FT - "As of May 25, 2018, the consensus forecast amongst 9 polled investment analysts covering Renewi PLC advises that the company will outperform the market.
The 7 analysts offering 12 month price targets for Renewi PLC have a median target of 105.00, with a high estimate of 120.00 and a low estimate of 70.00. The median estimate represents a 42.08% increase from the last price of 73.90.
Renewi plc had revenues for the full year 2018 of 1.57bn. This was 100.94% above the prior year's results."

Major Holding - Kabouter Management LLC AS OF 15 MAR 2018 97.57m 12.19%

21 Mar 2018 Matthews, Colin Chairman of the Board Regular purchase transaction 50,000 at £0.80 = £40,000.00 Holding - 250,000.00
24 May 2018 Woolrych, Toby CFO Regular purchase transaction 11,765 at £0.76 = £8,943.75 Holding - 166,906.00

Why wouldn't we be upbeat?

[taximania] 31/5/2018 16:35

Good point maybe.
Seems like a lot of us were just after that bounce from 70.
Last half hour it nearly got back there for a re buy :-)

[knausy] 31/5/2018 11:12

Am I missing something? Just about every figure in the finals was in negative territory and the dividend is being paid out of borrowings. Examples from Operating Ratios and others - EPS -11.4p, ROE -14.11%, EPS Growth Rate -1,040.00%, Pre tax Profit -7.67p. The dividend has been stagnant for 8 years etc etc. Why exactly are posters on this thread so upbeat when clearly so many of their municipal contracts have turned pear shaped? Will it all come right "tomorrow"?