Share Name Share Symbol Market Type Share ISIN Share Description
Renishaw LSE:RSW London Ordinary Share GB0007323586 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +110.00p +2.00% 5,620.00p 5,615.00p 5,625.00p 5,620.00p 5,480.00p 5,505.00p 22,720 12:57:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 536.8 117.1 122.2 46.0 4,091.36

Renishaw Share Discussion Threads

Showing 951 to 971 of 975 messages
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DateSubjectAuthorDiscuss
06/11/2017
08:54
I've sold 20% of my holding at £53 as it was just getting too large a proportion of my share portfolio for comfort. And a p/e over 30 is demanding. Looking back at my records, my first purchase of this share was at £4.65 in 2002. I've long since sold enough to reduce my book value to zero. An excellent investment which I am happy to hold for the longer term.
nocton
06/11/2017
08:14
Still moving up - £53.00 to sell - I think this is an all time high - Could well retrace but a great BREXIT hedge (imo) even at this level. (Post largely as a marker for self if it falls back so I can kick myself - but judgement call made to stick !!)
pugugly
04/11/2017
08:38
Good thoughts all. I shall definitely stick with it long term, unless the story changes markedly.
broadwood
03/11/2017
17:19
b/w Pound weakness is undoubtedly a factor but can’t explain all of the share price rise this year. They obviously have world leading technology and have seemingly refused the usual City overtures to sell off for a quick profit. As regards current valuation then I don’t know .. As with PUG I’ll simply hold and wait and see.
whitestone
03/11/2017
16:20
BROADWOOD AND ALL : OK p/e v-high - but v-strong management - market leader in some areas - management have a lot of skin in the game - City tends not to like as managment do not need the city - they just buckle down and walk the walk and invest a significant proportion of revenue each year in research to stay ahead of the game. If all UK coys worked the same way the Country would be a lot better off. OK Share price may well come back a bit BUT - Subject to the price at which bought this should be a lifetime hold. OK I may be biased having bought back in 08 but cannot see any reason to sell and the long term kicker could be a take over offer when the founders eventully move to the great workshop in the sky (That is if it exists !!) Have a great weekend and remember it is POETS day.
pugugly
03/11/2017
15:50
white - still defying gravity. Weak pound the reason?
broadwood
03/11/2017
15:01
Indeed BW - Peel Hunt downgraded on 31 Oct. and I sold a few off the top at c3500p. Selling always more problematic than buying....
whitestone
01/11/2017
16:03
Still forging ahead despite Brokers remarks to the opposite.
broadwood
06/10/2017
11:27
Stifel. Sector note. Downgrade to 'sell' We admire Renishaw’s remarkable record of innovation, and creation of what is a de facto worldwide standard in its industrial metrology niches. Its end markets have picked up, and it is once more achieving double-digit organic growth rates. We believe, however, that the very strong performance of the stock has more than discounted these positives, and has left the shares looking overvalued both vs. its international peer group and in the context of our long run assumptions for the company itself. The gap between our assessment of fair value and the prevailing market price has become sufficiently wide that we are now downgrading our rating to Sell. We see few near-term negative catalysts, but note that the company operates with little visibility (and even less market communication) and has tended to be volatile: we think that after an extended period of very strong performance, holders should consider taking some profit. Valuation is at the heart of our concerns on the group at present. On our estimates, the stock trades at almost 32x this year’s forecast earnings, and 22.5x EBITDA. Using our June 2019 numbers, these multiples only come down to 28x and 20x, respectively – and this is despite the fact that our 2019 forecasts are well above consensus (177p of headline EPS vs. the Bloomberg consensus of 163p). This is fairly unprecedented valuation territory for an industrial company, other than highly cyclical names ahead of an anticipated turn in end markets – and Renishaw’s markets have already turned, and its margins are already north of 20%: these are not high multiples of deeply depressed earnings. Even more striking than the absolute numbers are the trends in relative performance and valuation over the last year. Renishaw is quite distinct from most of the UK industrial peer group – much higher- technology-focused, with far higher R&D investment, and current growth rates, which would be the envy of just about all of its peers - but it does have a small group of international peers who are much closer to it in terms of end market focus and market dynamics – and over the last year it has moved ahead of these peers fairly dramatically in terms of share price performance. Below, we show its share price performance (rebased) vs. its closest European peer, Hexagon (HEXAB.ST, SEK 406.1, Not Covered) in Sweden, and two US partial peers, Ametek (AME, $66.86, Buy; covered by our colleague Robert McCarthy) and National Instruments (NATI, $43.20, Buy; covered by our colleague Patrick Newton). From the middle of 2016, Renishaw has run ahead of the pack by a wide margin. It is probably no coincidence that the start of this period coincides with the Brexit referendum and the slide in the value of sterling – a big boost that may now have run its course (while Brexit may yet bring much more negative repercussions for the group, dependent on the outcome of trade negotiations). HTTPS://ftalphaville.ft.com/marketslive/2017-10-06/
philanderer
06/10/2017
10:35
Any news here -broker downgrade or something. May be just more sellers than buyers?
meijiman
06/10/2017
07:42
Is the world ending? Volume is miniscule.
broadwood
07/8/2017
07:57
Its a very healthy looking six monthly chart. Still benefitting from those results and dividend increase.
broadwood
27/7/2017
09:08
Engineering company Renishaw (RSW) achieved record revenue of £536.8m in the year to 30 June, up 14% from a year ago. It said growth was strong in encoder, measurement and automation, calibration and coordinate measuring machine product lines in the metrology business. There was also revenue growth in all the healthcare product lines. Adjusted pre-tax profit rose by 25% to £109.1m, and cash on the balance sheet rose from £21.3m to £51.9m. The company increased the interim dividend by 8.3%
broadwood
27/7/2017
08:00
Webcast presentation at 10:00am here http://www.renishaw.com/en/register-for-live-full-year-results-webcast-2017--42484
whitestone
27/7/2017
06:51
£2.50 to buy in early 2009. Now £40 and still cheap..spectacular
gersemi
27/7/2017
06:49
Very quiet board - However proves that quitest often best as proved by today's results https://www.investegate.co.uk/renishaw-plc--rsw-/rns/final-results/201707270700142249M/ Fantastic is probably the best word to use -
pugugly
10/5/2017
07:01
Full note - Looking good - sP possibly running ahead of itself but (imo) a top quality business - Can rest peacefully.
pugugly
10/5/2017
06:13
We continue to manage our cost base and evaluate investment in new business areas. In our half year trading update, we forecast full year revenue to be in the range of GBP500m to GBP530m and profit before tax to be in the range of GBP85m to GBP105m. We are now anticipating revenue to be in the range of GBP520m to GBP535m and profit before tax to be in the range of GBP99m to GBP108m
broadwood
09/5/2017
13:57
It's the Investor Day this coming Thursday - we may perhaps get news from that. Otherwise back to sleep for a few more years...
whitestone
14/2/2017
18:40
All time high and still safe (imo) Could retrech a bit but then continue upward momentum - (No investment advice given) Just my own gut feel.
pugugly
10/2/2017
08:06
Moving up nicely Agreed a long term hold and a world leader in its field. Only cloud on the horison could be an opportunistic t/o bid but otherwise one for the grandchildren.
pugugly
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