Renewi Share Discussion Threads

[its the oxman] 07/9/2021 12:52

Breaking upward now it seems, and about time. Could run from here.

[dplewis1] 07/9/2021 10:56

Sorry that was a confusing post, we've not hit 590p, that was in July but let's hope we get above that this week

[dplewis1] 07/9/2021 10:55

52wk high 590p.. looking good again

[dplewis1] 07/9/2021 09:53

Was there an RNS for that?

[george stobbart] 07/9/2021 07:47

It’s a Dutch SPAC focusing on undervalued companies, their first investment is RWI

hxxps://www.spiceinvestments.com/

[gregsc] 07/9/2021 07:35

Spice One Investment Cooperative reports 4.31% in Renewi.

[dplewis1] 06/9/2021 19:30

So Sterling are out now then?

[sausage7] 03/9/2021 13:37

Thanks DP!

[dplewis1] 03/9/2021 12:51

That 2.9m print is tagged as an off book agency cross trade so can't be classed as a buy or a sell

[sausage7] 03/9/2021 11:20

3m shares trading today according to the LSE page, is that correct? Way over the recent vols.

[robsy2] 01/9/2021 18:41

Good point. We are sitting pretty.

[george stobart] 01/9/2021 18:09

Augean received a higher takeover bid.

No news expected for RWI unfortunately until the trading update on 1 Oct, unless somethings pops up. Could see more inflows into RWI after the AUG.L delisting

[wad collector] 12/8/2021 15:38

Looks more interesting on the intraday chart than the 6 month one.

[george stobart] 12/8/2021 14:44

big volume day on no news (?), unless the buyer knows something

seems like an institutional buyer rather than penny flippers

no news / updates expected unfortunately on this one until Oct-21

[sausage7] 12/8/2021 14:43

A prescient comment Fredericius! Good to see some price action.

[fredericius] 10/8/2021 16:44

With strong recovery of the economies of Belgium and The Netherlands, the approval to use the ATM product for construction purposes and the soaring prices of construction materials, it’s just a matter of time.

[sausage7] 03/8/2021 09:31

I agree Oustsize,Greg, there is activity in this sector but my concern is that a depressed share price could lead to a lower premium if a bid does come. We have seen it before recently. A bored and inactive institutional shareholder base are happy to take the money as long as it provides an uplift in their Quarterly performance report. And where are these green funds on the continent, on holiday most likely or putting out the bins !

[gregsc] 02/8/2021 16:40

Lidl's owner continues to acquire more waste companies in Europe.

( From a Dutch trade journal dated 27 July)

Prezero continues to expand through acquisition. The waste management subsidiary of Germany's Schwarz Group has reached an agreement with Ferrovial to purchase its environmental services operations in Spain and Portugal. The transaction covers waste collection, processing and recycling, and other enviromental services, the two companies announced today. With the acquisition, Prezero is entering the waste management markets in Spain and Portugal for the first time.

[outsizeclothes.com] 30/7/2021 19:26

Mainly agree Sausage7, although I don't think, IF bigger and institutional types are now 'entitled' to buy it for "Green Portfolios" it will fall any distance worth below £5, as we should have buyers.
But we will possibly need more favourable news, either generally (or company specific), to get things going upwards again.
Something like "Delta fading out in the Benelux countries" or "After deals for Augean, and others in the Waste Recycling sector, Private Equity is now eyeing up Renewi"

[sausage7] 30/7/2021 10:04

The consolidation has sucked the life out of the smaller investor market and therefore the smaller holdings are bleeding into the market with no buyers. The price will be depressed until the next results statement. A bucket of cold water has been thrown over the promising recovery story. Shame.

[gregsc] 29/7/2021 17:13

This doesn't seem to be going anywhere at the moment.
My wife has been urging me to sell my stake, but putting 100K (new) shares
on the market at the moment would probably not be appreciated.

[dplewis1] 22/7/2021 08:51

Yep seems to have settled into it now, spread very good this morning and volumes seem to be recovering