Renishaw Share Discussion Threads

[valuehunter1] 29/9/2020 15:14

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 14:18

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 09:02

Nice - always knew berenberg were smart!

[zho] 25/9/2020 08:08

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.

[helm1] 02/9/2020 12:02

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 08:42

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 11:10

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

[pugugly] 13/8/2020 10:14

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 10:04

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 09:59

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 09:52

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 08:05

£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 07:27

Results very much in line with trading update - Financially in a strong position but no dividends for the year.


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 11:34

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

[edwardt] 17/7/2020 11:37

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 09:20

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 12:04

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 13:14

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 12:36

Auto and aero industries reeling, and director selling.

[edwardt] 15/6/2020 20:06

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...

[edwardt] 16/5/2020 10:10

I doubt it will ever look "cheap" .

[kiwihope] 12/5/2020 21:48

This is an excellent company, one of my favourites. But it is too expensive to buy. Ok in March but I was asleep!

[9degrees] 17/4/2020 11:04

First batch now launched for distribution . good news