Renishaw Share Discussion Threads

[philanderer] 22/7/2024 10:17

Just about hanging on to 3600p

[philanderer] 09/7/2024 19:00

Gloucestershire engineering giant, Renishaw, is helping a team of scientists uncover the origins of Stonehenge through its unique Raman spectroscopy device

[philanderer] 09/7/2024 11:28

Renishaw : strengthens global presence with the opening of facilities in India and Japan

[philanderer] 08/7/2024 18:01

red, yes a long way back . Not much chance of a takeover either with their strict conditions. Plus not sure how Labour will look on foreign takeovers .

[redartbmud] 08/7/2024 16:26

phil

Looks like the mighty have fallen.

red

[philanderer] 08/7/2024 14:58

And again today..... 3500p approaching for support ? fingers crossed.

[philanderer] 21/6/2024 14:46

Looks to be selling off again.

[philanderer] 19/6/2024 17:30

Chart support at 3500p hopefully.

[philanderer] 19/6/2024 13:34

Ah..

The UK-focused FTSE 250 dipped 23.34 points to 20,386.59, with precision instrumentation firm Spectris among the worst performers.

Its shares fell 8% or 870p to 2938p as it warned that weaker China demand and other factors may leave annual profits short of City hopes. Fellow engineer Renishaw dropped 105p to 4020p.

London Standard midday market report

[philanderer] 19/6/2024 12:16

... or maybe not .

[philanderer] 18/6/2024 18:04

Went well by the look of things .

[philanderer] 14/6/2024 12:24

Capital Markets Day next tuesday.

[c3479z] 13/6/2024 12:55

don't see more prospect of a takeover than before,
dm did a wonderful job as inventor and in running the business with JD and others over the last 50 years and son now has to take up the mantle.
they all had a healthy disdain for city establishment one gathers.

[philanderer] 13/6/2024 10:36

Takeover prospects enhanced ?

RNS today

"Sir David McMurtry has informed the Board of his wish to step down as the Company's Executive Chairman. He founded the Company with John Deer over 50 years ago and has been instrumental in driving the success of the business both as Chief Executive and as Executive Chair.

"He will remain on the Board as a Non-Executive Director continuing to provide specific expertise on product innovation. Sir David Grant, the Senior Independent Director, will assume the role of Interim Non-Executive Chairman whilst the Board commences a process to appoint a permanent successor."

[philanderer] 03/6/2024 14:29

(Alliance News) - Stock prices in London were up at midday, after data from S&P Global signalled a return to growth for the UK manufacturing sector

[redartbmud] 20/5/2024 15:49

Can't get away from the expense of McMurtry's vanity projects.

red

[philanderer] 20/5/2024 14:29

Renishaw Supports INEOS Britannia In Bid To Win The 37th America's Cup

[philanderer] 14/5/2024 17:49

Renishaw opens technology centre in India

14th May 2024

[philanderer] 11/5/2024 00:49

'Cranking it up for Paris, new bike set to keep British on a roll'


....While, to the untrained eye, the space-age black bike looks like the one used in Tokyo where Britain again topped the track cycling medals table -- there are modifications including the Renishaw 3D-printed titanium pedal cranks, a split seat post and serrated front forks developed by Lotus and British Cycling.

[philanderer] 10/5/2024 10:35

Jefferies raises Renishaw price target to 3,200 (3,140) pence - 'underperform'

[philanderer] 09/5/2024 10:05

UBS cuts Renishaw price target to 4,800 (5,000) pence - 'buy'

[redartbmud] 08/5/2024 15:59

Lower end of expectations. Lacklustre.
No forward momentum.

£2.1m redundancy payments says it all.

red

[edwardt] 08/5/2024 15:26

Hmm - market in show me mood here. I will wait for that

[philanderer] 08/5/2024 15:10

Not gone down well with the market. Chart support looks to be at 3500p.

[philanderer] 08/5/2024 09:42

Looking ahead, it expects full-year revenue in the range of GBP680 million to GBP700 million, compared to previous guidance of GBP675 million to GBP715 million, while it expects adjusted pretax profit in the range of GBP122 million to GBP135 million from previous guidance of GBP122 million to GBP147 million.