Renishaw Share Discussion Threads

[arja] 08/10/2020 13:21

fuji99 , that is why I just scrutinise the chart and , as you say , it is again a NOR situation and a lovely looking chart . I just day trade using CFDs as much safer that way .

[highlands] 01/10/2020 21:06

This company will be taken out before it has a chance to become a multi bagger!

[fuji99] 01/10/2020 13:14

To me, despite it is an excellent company, this stock does not follow any market logic at all. Following negatives updates, sharply reduced numbers, no dividend and Covid-19 slowing economies, manufacturing and logistics all over the world, the share price - with low volume - is now at almost all time high. I keep scratching my head to understand the logic behind it even if they predict wonders for the future, an uncertain future as never before, pointing at the horizon. Very strange indeed.

[edwardt] 29/9/2020 16:11

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%.

[valuehunter1] 29/9/2020 14:14

Can anyone explain how the valuation is justified here? On every metric I am looking at, the valuation is insane! This is one of a handful of UK stocks trading in line with bloated US valuations.

[edwardt] 28/9/2020 13:18

i always find it curious why boards of good companies like rsw are so quiet. i am sure someone should do an algorithm shorting stocks with lots of posts. anyway, i will stop posting here to stop a short position being taken out!

[edwardt] 26/9/2020 08:02

Nice - always knew berenberg were smart!

[zho] 25/9/2020 07:08

Analysts have tipped Renishaw, the engineer based in Gloucestershire, to add “billions in value” over the next decade should its ventures into robotic brain surgery and 3D printing pay off. https://www.thetimes.co.uk/article/engineer-s-robotic-move-tipped-to-add-billions-mk7zw289d

[helm1] 02/9/2020 11:02

Sudden blip up in price today on no news - just general market noise? Or is there more to it - share price has been seeming relatively strong against the market.

[edwardt] 14/8/2020 07:42

did the q&a go silent for everyone else. my takes were positive. healthcare division should attract investment from med tech firms - seems a good way of derisking. loved the pushback on aero section - saying they are next gen. the bae additive printing goal of 30% parts is clearly rsw machines which is a big win. also liked the ceo's delivery - very assured. the finance guy sent me to sleep which is what you want from him i guess. i guess on 7 times sales it is up with events but i intend to hold for a decade unless it gets sold to the chinese.

[dab26] 13/8/2020 10:10

No worries - just didn't want you to miss it.

[pugugly] 13/8/2020 09:14

Hi DAB - Just got a reminder " This is a reminder that "Renishaw plc - 2020 results webcast " will begin in 1 Hour on: Thu, Aug 13, 2020 12:00 PM - 1:00 PM CEST " As not in UK could be time zone / digital error - Will check again. Agreed rns says "There will be a webcast presentation of the results together with a question and answer session at 11:00 am on the same day. " You are right - I was mixing up UK and European time zones.!!!

[cockneytrader] 13/8/2020 09:04

Incredible. Any other company in this industry would have been slaughtered. Renishaw are a quality outfit but aero and auto are in recession.

[dab26] 13/8/2020 08:59

PUG: I believe that the results webcast is at 11am, not midday, in case that helps. hxxps://www.renishaw.com/en/register-for-live-full-year-results-webcast-2020--45569

[fuji99] 13/8/2020 08:52

This is the only stock I never understood its logic. While others get butchered for a slight hick up, RSW, normally a growth stock, get away with a very bad recent update, by hitting a new high of almost £54 ! Today is another proof that the business is suffering and thus the share price should be in the lower £20's and yet, after a few days, I won't be surprised to see the share price slowly drifting to new highs ! When EPS drops by 100% it may be good news for some "segments" in the market. This is without recognising RSW is a great company though. But the share price does not reflect the business strength and growth to me.

[pugugly] 13/8/2020 07:05

£2.00 odd per share hit at the moment on L2 - Will have to wait untill fully opened. Now down £3.00 and falling.

[pugugly] 13/8/2020 06:27

Results very much in line with trading update - Financially in a strong position but no dividends for the year. https://www.investegate.co.uk/renishaw-plc--rsw-/rns/final-results/202008130700079903V/ Outlook still very foggy - Management seem to have positioned the company well during the 1st phase of Covid - Will be very interesting to listen to the webinar and questions at midday- In normal times would expect a 10% fall on market opening but in these pandemic times could even go up as the company is a survivor though facing difficult times -in paricular in automotive.

[edwardt] 20/7/2020 10:34

analysts are scratching their heads but are simply looking at the wrong definition of value me thinks.

[edwardt] 17/7/2020 10:37

yep - 'widely miss profit target' means share price goes up = the new normal. market likes it because they are sorting themselves out operationally. never waste a good crisis as the saying goes.

[pugugly] 17/7/2020 08:20

Market seems to have liked the trading update - Will continue to hold - Lots of cash and continuing reinvestment in R&D.

[edwardt] 13/7/2020 11:04

bae announces a third of all parts will be 3d printed. disruption to suppliers for sure. i doubt rsw involved but maybe??

[edwardt] 10/7/2020 12:14

well maybe it is not just auto and aero and the director needed to sell a few as he was missing his dividend? looks and remains one of the UK's finest businesses to me.

[cockneytrader] 27/6/2020 11:36

Auto and aero industries reeling, and director selling.

[edwardt] 15/6/2020 19:06

NIce article in today's ft - saying the time for additive manufacturing to take off is now and could be a beneficiary of post covid world...