Renewi Share Discussion Threads

[itsnotmeitsy0u] 20/5/2020 09:04

looks like 15 / 16 will be breached today.hmm tempted to bite the bullet and take my losses

[dplewis1] 20/5/2020 08:28

Yeah weird start. There seems to be an algo buy order working though so hopefully that will support the price today

[itsnotmeitsy0u] 20/5/2020 08:22

very odd - buys seem to be forcing the share price down!!

[itsnotmeitsy0u] 19/5/2020 20:49

sorry meant WHAT not WHY. bloody autocorrect

[gnawe] 19/5/2020 19:11

hxxps://www.bioenergy-news.com/news/arcelormittal-receives-eib-grant-for-belgian-biocoal-and-biofuel-projects/

[dplewis1] 19/5/2020 17:55

Well the return will have to be an uptick in share price because we're not getting a divi..!

[catch007] 19/5/2020 17:51

Titanic the star formally known as Renewi!

Everyone me included catching a falling knife here for a long time. I was pretty sure bottom range was 21/22p and was supported by the trading update. See where we are end of the week and will decide then whether to add. Good luck to those that have bought you deserve a return.

[dplewis1] 19/5/2020 17:12

Yep most of them are 50% down already

[george stobbart] 19/5/2020 17:07

they bought because i) Legacy ATM got approval to start treating soil again and be able to sell existing inventory, ii) New ATM for secondary building materials got product certification

the buys were concentrated around those dates

[itsnotmeitsy0u] 19/5/2020 16:43

why did they buy at again?

[dplewis1] 19/5/2020 16:36

I'm quite glad those director buys from earlier in the year are all now heavily underwater.. might concentrate their minds a bit..

[itsnotmeitsy0u] 19/5/2020 15:53

well picked up a further 30k shares at just over 18pthe tide is turning

[george stobbart] 19/5/2020 15:51

doesn't sound like a company about to go bust while ordering more vehicles

[dplewis1] 19/5/2020 14:40

From the LSE board: https://www.automotiveworld.com/news-releases/waste-recycler-renewi-orders-another-200-trucks-from-daf/

[dplewis1] 19/5/2020 12:48

You'd have thought some private equity money would be sniffing about here.. maybe it's too much of a car crash even at these levels.

[tole] 19/5/2020 10:01

Well I've bought a few more lots this morning. Hoping that this matches previous low point on the long term chart. So looking for a move back up from here.

[itsnotmeitsy0u] 19/5/2020 09:29

Patience ppl.Not advice in any way but don't sell. I believe that when this turns, it will turn quickly.Weak holders will sell and lose a heap

[gregsc] 19/5/2020 09:22

I agree. I'm still sitting on 1M shares. Not happy.

[dplewis1] 19/5/2020 09:14

Yes if there's one thing RWI are good at it's making you feel like you're throwing money down the drain

[george stobbart] 19/5/2020 09:11

bottomless pit

bought some more this morning, hoping I'm not a masochist

[tole] 18/5/2020 16:23

Added here. Looking to add more if it hits 18p

[itsnotmeitsy0u] 18/5/2020 15:06

f@cksakes - not a lot of short interest here. wonder why all the selling

[itsnotmeitsy0u] 18/5/2020 13:04

well done. can only see an upturn from here...

[george stobbart] 18/5/2020 12:15

Topped up 30k shs at 19.8p!

Nice entry point here for new buyers or traders imo

GL

[outsizeclothes.com] 18/5/2020 11:00

More a lack of news !
A new 50KT -100KT contract or two for ATM building materials that was definitely being delivered would help steady the ship.
We've already been told that last year's results are as previously flagged.