Renishaw Share Discussion Threads

[apad] 29/7/2010 09:11

Any other good UK engineering companies? E.g. SPX.L

[apad] 29/7/2010 08:28

Hear Hear, cellars. Just lost Chloride and SSL, don't want to lose this one. Also strong relationship with local community and workforce, which is incredibly supportive.
However, the break up of the founders' shareholdings could ruin a good story.

[cellars] 28/7/2010 19:25

While I agree Mitutoyo would be a good home for RSW, I also note with approval the appointment of Bill Whiteley as Senior Independent Director. He is the retired CEO of Rotork, which is another excellent "independent" company run on a business philosophy similar to RSW's. It is a further pointer that succession planning is in hand at RSW and that Sir DM gets good people around him.

A takeover is not the only possible way forward and the share price could rise for years after Sir DM's departure!!

[chrisgail] 28/7/2010 19:23

Excellent results, what a recovery!

[the heed] 28/7/2010 07:28

good results

[electronica] 18/7/2010 05:48

MW

Sir David M is well, well past retirement age. He dearly loves the business, but he can't go on for ever. He's a very clever man - so we must assume that he is giving this "ownership issue" some thought.

A sale to an equally paternalistic owner as himself (possibly Japanese - think about Mitutoyo) would perhaps be his preferred option.

[mw8156] 17/7/2010 22:26

FT quotes brokers suggesting Renishaw as a take over target; could only be possible if it had been put up for sale as the main Directors have a majority stake?...

[dennis russell] 12/7/2010 17:37

Very steady climb in share price I suspect 'they' know that the results at the end of July will be good.

[electronica] 16/6/2010 15:24

The Heed

i-Pad?

Its most unlikely that RSW would be involved directly.

It has supplied probe based metrology equipment for plastic mouldings at Foxconn (the EMS manufacturers of the i-Pad), but that gear would have multiple customer uses.

[the heed] 16/6/2010 14:23

Some odd buying here today..

[dennis russell] 14/5/2010 11:22

I think the breakthrough above £7.00 is very significant?

[chrisgail] 14/5/2010 07:46

johnrmshares. Excellent interim management statement 14/5/10 as I said I see no real problem in regaining all time high.

[chrisgail] 09/3/2010 13:28

Great Company.

Doing very well (recovery)

Profits going up, strong management to follow on.

Mainly exporting, home market small, falling pounds boosting sales and profits.

Share broken out of trading range 620p plus.

All good news, in time I see no real problem in regaining all time high.

[johnrmshares] 12/2/2010 09:01

Great company
Share price far too high
Sell
t/o per share 275p
tangible assets 202p
when ageing board members leave what will happen to share price / company

most importantly UK government doing nothing to support embatterred engineering industry

[nocton] 29/1/2010 19:01

Posted on wrong thread.

[dennis russell] 27/1/2010 16:25

fine result after a tough half-year. Should climb now.

[redips2] 23/12/2009 12:31

trend still up---but need to push through £6 next yr
happy xmas all

[pugugly] 29/9/2009 09:19

Congratulations to our Company for todays excellent news and to the management and staff to the way they have responed in these troubled times.

[cestnous] 24/7/2009 15:14

Is this the start?

[sleveen] 16/7/2009 08:30

prelims announcement 29.7.2009

[cestnous] 10/6/2009 10:53

Looks like everyone sold out in May. if there is anyone about, any ideas on
where to and when?

[sleveen] 18/5/2009 17:55

Wouldn't have thought that the IMS would have warranted a 40p rise today.

IMHO the recovery in the share price is overdone.

[philo124] 17/4/2009 17:25

i GOT REALLY STUFFED HERE

[dennis russell] 17/4/2009 16:47

richaims - we seem to have had a steady and strong recovery since you last posted. Something interesting going on?

[richaims] 31/3/2009 16:10

As with one or two other shares, the consistency of the continuing downward trend suggests to me that it might be possible to buy these shares at a much lower price later this year.

One to keep watching - it should be easy to spot any consistent future sustainable reversal of the downward trend.