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Share Name | Share Symbol | Market | Stock Type |
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Renishaw Plc | RSW | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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3,380.00 | 3,370.00 | 3,435.00 | 3,385.00 |
Industry Sector |
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ELECTRONIC & ELECTRICAL EQUIPMENT |
Top Posts |
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Posted at 12/9/2024 17:52 by philanderer Investors Chronicle:'Renishaw looks like a solid long-term investment' Company sets new goals as more manufacturing capacity comes online BUY |
Posted at 12/8/2024 16:51 by scotches There was an interesting article in the FT by Merryn Webb a few years ago commenting on the takeover of Morrisons. Perhaps the same logic applies here that future rewards might one day arrive for the patient investor."Why weren't all UK fund managers invested in Wm Morrison when the recent bid for the supermarket chain came in? If it was cheap enough for private equity firm CDR to want it, why was it not cheap enough for traditional fund managers to be holding?" "...fund managers interested in value have a problem. Buying what look like cheap stocks and waiting for them to go up without correctly calculating the odds of the arrival of a catalyst can present what we might call material career risk." "Without that certainty about both value and change you have to leave the value on the table ” and stick with buying shares in companies that are showing obvious growth (just like everyone else)." |
Posted at 03/11/2022 11:28 by shallow pockets An update on our short position: based on an updated analysis of the company's managment actions (or mostly inactions), the continued domination by McMurtry of any key decision making, and an/his unwillingness to allow new investors to join the Board, we feel a share price acceleration to the downside is a real risk.Stay short. New target 3100. |
Posted at 23/8/2022 15:04 by fuji99 Not specific to RSW but institutions and investors are getting out of the markets as there is evidence of recession with inflation persisting and rising to possibly 18% next year. In addition, the Russia/Ukraine conflict does not seem to have an end on sight. The China/Taiwan possible disruption of semi-conductors as Taiwan holds 61% of the world production. All these events are making it very difficult to invest for the short or the long term in these markets as nobody can quantify the extent of future effects. This is my own opinion only. |
Posted at 19/7/2021 10:25 by shallow pockets The share value is now unravelling fast. We have already moved today below 4800, en route to our target of 4250.Why so fast? Stops of the specs that bought for the buyout? To some extent. But savvy investors know where this company currently stands...stuck in deep mud. How do the many family heirs now feel, as their wealth descends fast? How does senior management feel seeing a stuck company with a defunct management and ownership structure? The fall in the share price only accentuates the reluctance of Deer and McM to sell at below "their" fair value, a number which is now far on the horizon. How will this all end? The sum of the parts may exceed the whole, and a break up by selling non performing divisions looks inevitable as the only partial way out and to move forwards. Its all been so predicable, which is the most disappointing part. |
Posted at 07/7/2021 12:01 by shallow pockets Redartbmud- thank you for a balanced counterpoint, as opposed to the hysterical jingoism of PUGUGLY, whose argument is similar to saying Bobby Charlton should be chosen tonight. Renishaw needs to move forwards rapidly now, as other emerging country and bigger players mature to stand toe to toe with them. Redartbmud's descriptor of the Board and management structure does not inspire investors going forwards that mgt will make the changes and progress, hence the universal view (including that of the majority owners) that new blood was required via a takeover. The days when Deer was the super tough cop and McMurtry the top scientific engineer are over. Investors focus on the future, Pugugly, not the present or past. Sell.PS. I have been in this stock for more than 5 yyears. That's not the point. Its what happens in the next year that matters. |
Posted at 07/7/2021 10:49 by shallow pockets Besides, what Board place their company on the block in full view evidencing the desire of the majority owners to be hard sellers, without having a strong idea who they are going to sell it to in advance? It looks incompetent, or just out of touch, which Deer is and McMurtry may well be. Investors will now believe there is a long term overhang in the market as both owners slowly divest. Sell. |
Posted at 25/6/2021 07:20 by pugugly edwardt:- Agreed but they are I suspect far more concerned about their staff - Remember they will both be very much more wealthy after the sale so the odd £5 or so off the sale price is relatively immaterial to them and HMRC will collect £2 less per share sold on their passing - If they were interested in tax savings I would suggest they would have already moved to a tax haven - However they are so far as I can tell true gentlemen and employers of the old school who have an ingrained duty of care for their employees.Remember most investors here have (subject to their in price) had a fanatastic multi-bag run so have not much to cmplain about. |
Posted at 02/5/2021 13:38 by redartbmud There is a lot of cheap finance out there, if an investor needs to raise additional funds to support a transaction.McM & D will only want cash, otherwise no point in selling. GE isn't the business it was a few years ago. |
Posted at 29/9/2020 16:11 by edwardt because it is valued on the net present value of future cashflows. It has whopping margins to boot with optionality on new verticals that are maturing that will open up cashflows on similar margins for decades. P/e ratios are simply a very blunt method of valuing a company and have near zero means of forecasting future shareholder returns. A p/e of 60 is somewhat irrelevant. i am not sure what investor said, i can increase my profits by stopping investing in my business. the problem is in a few years i will not have a business. there are few exceptions to this rule apart from say rightmove which has a roce of something crazy like 3000%. |
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