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RSW Renishaw Plc

3,400.00
25.00 (0.74%)
16 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Renishaw Plc 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
  25.00 0.74% 3,400.00 3,385.00 3,390.00 3,405.00 3,350.00 3,400.00 30,069 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electrical Machy, Equip, Nec 691.3M 96.89M 1.3311 25.43 2.46B
Renishaw Plc is listed in the Electrical Machy, Equip sector of the London Stock Exchange with ticker RSW. The last closing price for Renishaw was 3,375p. Over the last year, Renishaw shares have traded in a share price range of 3,065.00p to 4,500.00p.

Renishaw currently has 72,788,543 shares in issue. The market capitalisation of Renishaw is £2.46 billion. Renishaw has a price to earnings ratio (PE ratio) of 25.43.

Renishaw Share Discussion Threads

Showing 26 to 49 of 1475 messages
Chat Pages: Latest  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
23/10/2002
12:17
y Cymro: I like the look of this as a short. However, your chart above must have the wrong symbol for RSW because the price is different....
nirvs
19/10/2002
19:35
Could this one be about to follow Roxboro?
y cymro
19/10/2002
19:24
COMPANIES & FINANCE UK & IRELAND: Renishaw warns of static demand
By Alexander Jolliffe
Financial Times; Oct 19, 2002


Renishaw, the electrical equipment group, yesterday said the economic downturn was softening demand for its products.

Sir David McMurtry, chairman, chief executive and 36 per cent shareholder, told the annual meeting that sales had failed to rise compared with last year. "Turnover at constant exchange rates for the first three months of the current year has been similar to that of the first quarter last year."

While there were encouraging signs in some markets, the group said: "Not everybody has put their money where their mouth is."

The news follows an announcement from Renishaw, whose clients include the Royal Mint, that pre-tax profits almost halved in the year to June 30 as sales fell in every product division and almost every region.

Despite the stagnant sales, one analyst said Renishaw had performed better than its rivals. While direct comparisons were difficult, the group had done better than Roxboro, the electronics company that last month reported a sharp fall in interim profits and struck a cautious note about the outlook for its main businesses.

The analyst said: "For them to say that turnover is flat, is actually quite respectable."

Renishaw said it was still investing in research and development and in developing its worldwide markets.

The Gloucestershire-based group, which uses technology to help clients identify explosives and forgeries, said Sir David, the co-founder, was both chairman and chief executive to reflect his big shareholding. The presence on the board of John Deer, the deputy chairman with 17 per cent of the shares, meant that other large shareholders were well represented, the group said.

The shares fell 10p to 369p.

y cymro
18/10/2002
09:50
Renishaw PLC - Trading Statement
RNS Number:6601C
Renishaw PLC
18 October 2002

Chairman's statement to be made at the annual general meeting to be held at 12
noon today:

Due to the world economic downturn, demand for the Group's products has
continued to be subdued. Whilst there are encouraging signs in some of our
markets and product sectors, turnover at constant exchange rates for the first
three months of the current year has been similar to that of the first quarter
of last year. The Group continues with its research and development
programmes and investment in developing its worldwide markets.

Your Board believes that the Group will benefit from recovery in the world
economy as soon as this takes place, and remains confident of Renishaw's
progress in the longer term.

Sir David McMurtry
Chairman and Chief Executive

y cymro
21/11/2001
13:42
LINK S3IA Programme
Sensitive and Selective Sensors using Surface Enhanced Resonance Raman Scattering (S5R2)

--------------------------------------------------------------------------------

Project Summary - Status January 2001
Project Partners:

University of Strathclyde
Avecia
Davin Optronics
Police Scientific Development Branch
Renishaw plc

The Need

The The target areas are in the fields of contraband detection and process effluent monitoring, for which there is a demonstrable need and are important in both the industrial and social sense.
The delivery of these systems and impact of the equipment will yield enormous and quantifiable benefits both for the policing detection of illicit materials and policing of terrorism (PSDB) and for improved cost effectiveness in both process analysis and effluent monitoring (Avecia).

The Solution

The advanced sensors which are being produced hinges on the development of robust SERRS methodology (Strathclyde). By using surface enhanced Raman spectroscopy it is known that the Raman sensitivity level can be increased by many orders of magnitude. By incorporating a coloured analyte it is also possible to obtain resonance effects in the spectrum by a judicious choice of laser frequency. The two effects when coupled together can bring the sensitivity of the Raman effective from the molar level down to single molecule detection.

In addition to the increased sensitivity the chemistry used to produce the chromophoric compounds offers a highly selective probe.

As well as the chemical sensor end of the monitor there is a need to develop full deployable and portable Raman systems which offer the ultimate sensitivity for the detection of the SERRS signal. As part of the equipment, a sample handling/introduction system has to be developed to ensure that the analyte is produced and presented to the Raman equipment in the correct form and with maximum SERRS activity.

Project Description:

The project brings together Strathclyde University who have expertise in the SERRS technology, Renishaw who are leaders in Raman instrumentation, Davin Optronics on SME providing substrates and specialised optics for use in the instrumentation, the Police Scientific Development Branch and Avecia as end-users. The project is split into work packages relating to the application area with key stages defined as provision of an explosives detector, drugs detector and effluent (dyes) monitor.

Objectives:

The main objective of the project is to provide unique sensors which are specific and sensitive to the target molecules. This should be presented as a remote and portable equipment package which can be transferred to other users with similar needs.

The Benefits

The benefits of this project are clear and quantifiable. The potential market for a low cost portable Raman system for the applications contained within the project is significant. The monetary value of the applications for the PSDB in for example a roadside drug analyser is difficult to estimate. The revenue generated by fines are large, the cost saving in terms of lives cannot be measured.

Savings to industrial companies engaged in effluent control are in the area of fines levied for non-conformance and improved plant efficiency by specific early detection of product loss.

Progress to date:

The project is progressing well with all of the major milestones met.

The chemistry for explosives and effluent detection have been developed and SERRS data have been measured to low levels of target species.

Further optimisation is required before field trials are held later in the year. The substrates for drug detection have been evaluated and the methods appear to be robust.

The system integration is progressing on schedule with some optimisation still required before field trials. Effluent targets have been identified and SERRS spectra obtained within the specified time frames. Field systems should be delivered on time to the end-users later in the Spring of 2001.

Exploitation:

Prototype systems have already been shown to prospective customers outside of the scheme.

The hardware is suitable in various applications in forensic science and has been shown at various trade shows.
Feedback so far has been encouraging and have driven the design to meet customer needs. Field
trials will commence in Spring 2001 at which time more end-users will be made aware of the technology.

Further information

Dr. Ken Williams
Applications and Marketing Manager
Spectroscopy Products Division
Renishaw plc
Old Town, Gloucestershire GL12 7DW
Telephone:- ++44 (0) 1453 844302
Fax:- ++44 (0) 1453 844236
Email:- raman@renishaw.com
Personal Email:- ken.williams@renishaw.com
Internet:-

LINK S3IA Programme Manager
Department of Trade and Industry
151 Buckingham Palace Road London, SW1W 9SS
Tel: 020 7215 1344 Fax: 020 7215 1547
E-mail: kenton.thompson@dti.gov.uk


Start date: 1 December 1998
End date: 30 November 2001
Total Costs: £682,144

pks5
19/11/2001
00:29
byrdsong i agree i was going through lots of charts today and this one stood out but the low volume put me off. still go on to advfn and find a thread is good.a break of 465 will be a good sign
royce
19/11/2001
00:12
I watch it.

It might be worth buying for a short term rise, but if the mkt turns south again, this will be very hard hit cos it profit warned. The low volumes emphasise this risk. To consider it for a longer term investment I'd want to see the current uptrend broken and in the ensuing sell off settle at a higher low as a minimum. This is the first tenet of calling a bull mkt - doesn't guarantee it of course.

As with the majority of stocks rsw is waiting for that mkt turn and buying it is akin to calling the mkt. Still too risky imo other than as a short term trade.

byrdsong
16/11/2001
18:04
Well, as it turned out, it hadn't, but it's just turned up again, and I'm seeing buy signals everywhere (EMA10/20 golden cross, RSI, MACD, Stochastics). Volumes don't look too clever.

Anyone still watching this one?

zzaxx99
10/8/2001
09:04
Gerard,

I'm not too good with charts, but it now looks like it's well and truly broken that downtrend. The advance proper should soon get under way.

nidge64
01/8/2001
13:51
A 50K X-trade just went through. Looks like institutional buying.
nidge64
01/8/2001
11:38
The underperformance of 0.47% on a one day basis has made me realise the error of my ways... :-) Are you kidding or what?

By the time the entire frog pond thinks this is a good buy, it won't be on offer at such low prices.

nidge64
01/8/2001
11:01
EPS for latest year = 34p
Average of the three eps forcast for current year issued since April = 33.5p

Long term, the company is fine, but for the short term, really nothing at all to get excited about.

Also, although the shares moved up 5p today, they did somewhat underperform the market. RSW moved up 1.04%, but the market was up 1.51%.

chrisg
01/8/2001
07:32
Up another 2.5p (8.30am) which represents a huge outperformance on a 30 minute basis!
nidge64
01/8/2001
07:26
The comment about underperformance was a direct response to your comment in post no. 12 that you are happy to let the market do the talking!
chrisg
31/7/2001
23:56
I would prefer to see the downtrend that commenced in the middle of March decisively broken before taking a long position.

JC

jonc
31/7/2001
23:51
Long 310@485 & 750@488. With market sentiment off rock bottom and improving there should be a lot of interest.
nidge64
31/7/2001
22:42
Nice politics, but does that mean you're buying or selling?
nidge64
31/7/2001
22:12
piece of plop-pudding in this market - unless it goes up for longer than 3 days.
cat
31/7/2001
22:07
I think it was post no5. I'm happy to let the market do the talking.
nidge64
31/7/2001
21:50
I was about to post the following words:-
"I would prefer to see the downtrend that commenced in the middle of March decisively broken before taking a long position.", when I noticed that someone much wiser and better looking than I had already said them in post number 4. Why on earth buy when there is still a risk (looking at the chart) of a downside back to 387 or even 300p? It must make sense to wait for the downtrend to have reversed. The loss of a few extra pence profit in return for the much less riskier trade must make the wait worthwhile.

dcb

dead cat bounce
31/7/2001
21:44
But Gordon Brown is widely thought to be very cautious about joining the euro, and only within the last few days, even Tony Blair made it quite clear that unless there was substantial reform within the EU (on such sacred cows as the CAP) there was a good chance we would not go into the euro, and TB is pro-euro, so I think it is at least risky to make statements that the odds are that sterling will soon be linked to the euro.
chrisg
31/7/2001
21:38
The odds are that Sterling will soon be linked to the Euro. Strong growth, low P/E and decent dividend should not require a silver platter.
nidge64
31/7/2001
20:27
Over 90% of sales were overseas at the interim stage so sterling strength will work against them.
The global slowdown in manufacturing is also against them and with very little growth forecast I fail to see the attraction.

Dil

dil
31/7/2001
14:45
I'm afraid not, I made them Sharescope. To get the screens I'm talking about, set an MACD histogram to 60/120(45 day signal line) for the first screen and use a 7 day RSI for screen 2. Elder's 'Trading for a Living' gives details about this exact method - basically you look for an improvement on the weekly histogram (more reliable signals are given from below the centre line) together with the RSI to start returning from an oversold condition. Screen 3 is an intraday approach by which you buy when the price exceeds the previous day's high.

Together with abominable market sentiment and a strong argument on fundamentals, the only other requirement is the balls to step up to the wicket when the rest of the world is still trembling. (Excuse the chest beating at this point).

nidge64
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