Renewi Share Discussion Threads

[pen8] 30/6/2018 19:14

Yes hold and prosper to £1.08 good plan and ok divi

[wad collector] 29/6/2018 17:30

Summary of broker targets since results;

Date Company name Broker Recommendation Price Old target price New target price Notes
22 Jun Renewi Plc Peel Hunt Buy 78.00 108.00 - Reiterates
06 Jun Renewi Plc Kepler Cheuvreux Buy 78.00 - 99.00 Initiates/Starts
25 May Renewi Plc Numis Buy 78.00 - 105.00 Initiates/Starts
24 May Renewi Plc Peel Hunt Buy 78.00 118.00 108.00 Reiterates

[wad collector] 29/6/2018 17:26

Yes you both managed a good price though bit early to call thruppence halfpenny much of a bounce yet.
The share price weakness seems anomalous after the positive results last month. Hold and prosper?

[eentweedrie] 29/6/2018 17:26

lovely, glad I added when I did, was obviously nothing more than a tree shake

[eentweedrie] 29/6/2018 09:49

and there is the bounce

[pen8] 28/6/2018 18:18

And generally poor day for small caps so it got a hammering...yes topped up at 74.2p towards end of day so pulled my average down..expect a decent rebound tommorrow but let’s see

[eentweedrie] 28/6/2018 17:37

well was a good opp to top up - got some at 75p

[wad collector] 28/6/2018 17:25

No it went xd today 2.1p but share price closed down 7.5p for no obvious reason.

[eentweedrie] 26/6/2018 16:18

meant tomorrow 27/6!!

[eentweedrie] 25/6/2018 16:35

ex div tomorrow

[eentweedrie] 22/6/2018 08:14

good thing i waited, looks like i may get in even lower

[eentweedrie] 21/6/2018 11:27

will be buying back in if it goes below 80p...

[fez77] 15/6/2018 22:20

Shouldn't say "Bear" should I?!

[fez77] 15/6/2018 22:19

Bearing up! Didn't share in the general hammering today! Good sign!

[asturius101] 14/6/2018 09:55

This is a good example of how money is being passed from the impatient to the patient...

[wad collector] 13/6/2018 21:35

Zipstuck don't think there is going to be a shortage of plastic waste to recycle in my lifetime.

[asturius101] 12/6/2018 08:59

maybe there is an IC curse when tipped!!

[asturius101] 11/6/2018 08:39

Lol zipstuck you do know what RWI do I assume?

[zipstuck] 11/6/2018 08:30

this is tricky with the gathering pressure on volumes of plastics and bring your own coffee cup.

difficult to see where growth will come from

[cyfran101] 08/6/2018 22:56

Good momentum at the moment. Helps that 3in took 50% of Dutch waste treatment and disposal company Attero and Cory waste management was snapped up recently. Even the Chinese decision adds to the overall positivity as it basically underlines that we can no longer export our way out of trouble and we will have to do all the recycling here.

Renewi is in a prime position.

Onwards and upwards.

[wad collector] 08/6/2018 17:48

Just been looking at last weeks director share awards. I understand that it is good for the management to have a vested interest in the share price and it is good that they are are rewarded if a company is performing well , but what I never like to see is them being rewarded with about 2 Million shares (not even options , nil paid) when the share price is near the lowest it has been for the last 7 yrs. It was 125p in 2011.
Ok it has rallied this week , but I don't suppose the binmen will get bonuses for mediocre performance at their work!

[asturius101] 08/6/2018 16:09

lots of profit taking it seems. I'm holding for double this price

[asturius101] 08/6/2018 13:35

looks like 90p is about to be breached

[fez77] 08/6/2018 09:56

I wouldn't take profits yet Wad,(actually I'm only breaking even)at the present time since:- Firstly - Renewi: Kepler Cheuvreux initiates hold (or buy?) with a target price of 99p as at 6 June, and
Secondly - Ex Div on 27 June.

Hope all the slide-rules are clicking into action - as you do!

[asturius101] 08/6/2018 08:20

well dplewis you may be correct - good writeup in the IC yesterday and we open down!!