Renewi Share Discussion Threads

[dplewis1] 16/12/2020 10:52

Much better volume today as well, looking good

[catch007] 15/12/2020 21:55

I am hoping the share price will kick on from here George. Looks like RWI has turned a corner however with this company you just never know!

[george stobbart] 15/12/2020 18:51

Good, are now above 35p now. Next step is to post a positive return for the year at >36.2p (wishful thinking)

RWI - Historical annual performance

Exchange Date Close Annual %Chg
15-Dec-2020 35.25 -2.62%
31-Dec-2019 36.20 +9.86%
31-Dec-2018 32.95 -68.10%
31-Dec-2017 103.30 +12.28%
31-Dec-2016 92.00 +9.69%
31-Dec-2015 83.87 -3.50%
31-Dec-2014 86.91 -7.83%
31-Dec-2013 94.30 +24.36%
31-Dec-2012 75.83 -3.91%
31-Dec-2011 78.92 -27.82%
31-Dec-2010 109.34 -5.77%
31-Dec-2009 116.03 +54.14%
31-Dec-2008 75.28 -52.40%
31-Dec-2007 158.15 +0.22%
31-Dec-2006 157.81 +47.42%
31-Dec-2005 107.05 +11.51%
31-Dec-2004 96.00 +19.83%
31-Dec-2003 80.11 +13.73%
31-Dec-2002 70.44 -39.29%
31-Dec-2001 116.02 -25.83%

[george stobbart] 15/12/2020 11:25

struggling to stay over 35p..would be ideal if it crosses over 35p and stays there for a while

[sirrux] 05/12/2020 11:06

Any thoughts on tragic waterworks explosion? I have no idea which companies were involved but it highlights the issue of safety in the sector, I believe it involved a waste to product/energy facility as reported by the BBC.

[george stobbart] 03/12/2020 13:00

RENEWI PLC: Target Px updated to .56 EUR by Kepler Cheuvreux

Company Name: RENEWI PLC (RWI LN)
Broker: Kepler Cheuvreux
Analyst: Juan Rodriguez
Recommendation: Buy (Maintained)
Previous Target Price: 30 GBp
New Target Price: .56 EUR

[outsizeclothes.com] 28/11/2020 13:26

36 / 36.5 is an area of strong resistance chart wise, having tested upwards on several occasions [May 19, Jan/Feb 20]
If 38 is broken upwards, look for 45 [the March spike] again.

[george stobbart] 27/11/2020 09:29

almost flat now for the year (price was 36.2p on 31-Dec-19)

[its the oxman] 27/11/2020 08:22

Could happen.

[wad collector] 26/11/2020 19:01

If it doubled again I would almost have my money back!

[outsizeclothes.com] 26/11/2020 15:30

And I've now got a doubler !
(mind you I can offset this with three dud oilers)

[dplewis1] 26/11/2020 15:03

Steady on I'm in profit..!

[its the oxman] 26/11/2020 12:18

Starting to hold up better on down days. Recent updates broadly positive, hoping it moves higher, if it can get to 40p then a bigger recovery still could be on the cards.

[cda080294] 24/11/2020 10:23

Shout-out to George for all the pearls of wisdom :)

[spypat] 23/11/2020 18:18

Muck means brass for Renewi
By Mark Watson-Mitchell
23 November 2020
hxxps://masterinvestor.co.uk/equities/muck-means-brass-for-renewi/

[gregsc] 23/11/2020 10:34

Number of trades on Euronext seem to be increasing by the day.

[dplewis1] 23/11/2020 08:05

Flying out the traps

[spypat] 22/11/2020 19:29

Zak Mir on RWI:
hxxps://youtu.be/iQRxmoAGUEQ?t=273

[sirrux] 20/11/2020 13:31

"Beige gold" find? Happy days.

[spypat] 20/11/2020 12:15

Recognia's previous TA on RWI on 9/11 after results (see my last post) had a target of 34-37p.
More TA from Recognia as of yesterday:

Renewi PLC forms bullish "Diamond Bottom" chart pattern
Nov 19, 2020

Trading Central has detected a "Diamond Bottom" chart pattern formed on Renewi PLC (RWI:LSE). This bullish signal indicates that the stock price may rise from the close of 27.75 to the range of 37.00 - 40.00. The pattern formed over 178 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

hxxps://site.recognia.com/recognia_news/serve.shtml?page=event&eid=UKvyXOAAQ4bwA9gABAACAAAD6CZg&lang=en

[scepticalinvestor] 20/11/2020 11:20

Out at 32Almost 50% profitYeehaw

[tez123] 20/11/2020 11:15

https://oglinks.news/netherlands/news/renewi-nordsol-shell-produce-bio-lng-amsterdam-westpoort

[gregsc] 20/11/2020 10:15

This published in SHARES magazine (AJ Bell) yesterday.

Unlike a lot of firms, international waste to-product company Renewi (RWI) – which was formed from the merger between Shanks Group and Van Gansewinkel Group in 2017 – has emerged from the pandemic in better shape than it started. First half turnover at its ongoing operations, which exclude the Canada municipal business sold in September last year and the Reym business sold in October 2019, was down just 3% despite the downturn in European economic activity. After extensive lockdown measures in the first quarter, volumes at its Belgian commercial waste operations had recovered to 91% of last year’s levels in the second quarter ended in September and 97% of last year’s levels in the Netherlands, beating management expectations. The Minerals and Waste division, which includes the ATM hazardous waste business, actually grew its volumes, revenues and profits, treating more contaminated soil and creating more new products for the construction industry. At the same time, group cost savings of €10 million during the first half beat estimates, so full year efficiencies are now expected to be above the firm’s earlier target of €15 million. However it is the company’s progress on cash flow generation and debt reduction which really catches the eye. Thanks to a big reduction in exceptional costs to just €8.1 million against €58 million last year, and the deferral of some taxes, free cash flow soared 89% in the first half to €97.8 million, allowing the firm to reduce what it calls its core net debt from €514 million to €381 million. As chief financial officer Toby Woolrich explained, the underlying business was always attractive to investors, ‘but our debt was too high, there were too many “exceptional costs” for integrating the businesses and for UK PFI contracts, and not enough free cash flow – that’s all changed’. After three years, the business is integrated and costs are being brought down sharply. At the same time, Renewi has a market-leading brand and a three-pronged plan to increase underlying pre-tax profits by €60 million over the next three to five years. The aim is to recover €20 million of ‘lost’ earnings at ATM, where progress is already under way: to improve efficiency through the tech-led Renewi 2.0 programme; and to develop new products such as bio-LNG where the firm is already working with global energy giant Royal Dutch Shell (RDSB). With management now forecasting full year earnings ‘materially ahead’ of its previous expectations, analysts at Investec and Peel Hunt have raised their price targets to 50p and 49p respectively.