Renishaw Share Discussion Threads

[scepticalinvestor] 05/3/2021 16:18

well stopped outbloody hell dropping like mad

[apollocreed1] 05/3/2021 13:41

If this is a highly valued tech stock then I can understand the fall-it moves with the NASDAQ.

[scepticalinvestor] 05/3/2021 11:19

bought in at 5750should shoot up soon imo

[edwardt] 04/3/2021 19:41

It will not to that. The two founders are 80 and they deserve to retire!

[highlands] 04/3/2021 19:07

Maybe no official news of interested parties causing the fall. The other route is going private and that will not be the best option for us.

[edwardt] 04/3/2021 16:43

ditto but we are where we are.

[pojscott] 04/3/2021 15:28

I hope I made the right decision in holding on, maybe should have sold when the price jumped!

[edwardt] 04/3/2021 10:21

not sure about that - non execs are there usually to pick up a nice fee for attending two board meetings a year. The parties who agreed to the sale process have a majority stake so they will be the key factor for sure. The hope here is a plethora of parties are interested. this is a trophy asset so i would see this as likely that will be the case. Both the old boys will have legacy issues in mind for sure as this is literally their lives work but will no doubt also be swayed by the price. Not sure why the price is back to almost preannouncement but hey ho sit tight and raid the piggy bank if the price action continues downward would be my view.

[redartbmud] 03/3/2021 21:52

McMurtry and Deer are interested parties and directors. They cannot make the decision. It has to de the non-execs who make the decision, in this case. They have a duty to act on behalf of all shareholders.

[highlands] 03/3/2021 20:55

The directors will go for the best deal available for shareholders as it is a PLC and also to maximise their own wealth.Just because they are very wealthy does not mean they will sell it for less. The wealthier they are the more they want to make!

[rolo7] 03/3/2021 18:25

yep strange one totally fixed possibly director annouce selling on day off fste review no liquidity in this stock also.

[edwardt] 03/3/2021 18:24

I was wrong to be included in ftse 100

[pojscott] 03/3/2021 15:14

Dropping back today--profit taking ???

[edwardt] 03/3/2021 08:49

tad optimistic but i like that!

[euromedic] 03/3/2021 07:39

May well be adding feel take out could be 100

[euromedic] 03/3/2021 07:33

In since 37 quid

[edwardt] 02/3/2021 21:00

Too late for current review. Guess depends how long the sale process takes...

[rolo7] 02/3/2021 16:07

does this enter the fste 100 as market cap higher or because in a takeover situation it does not?

[edwardt] 02/3/2021 11:52

could get interesting - power struggle between fanuc /hexagon or indeed some chinese firm that none of us have heard of. this is a rare UK strategic asset akin to ARM holdings so this will get alot of attention.

[edwardt] 02/3/2021 08:15

Sad day but we will make hay

[pugugly] 02/3/2021 07:30

But at what price??????????????????
Might get an indication at opening
Very likely to be sbject to strategic review as one of the few British world leading companies

If Chinese bid very likely (imo) to be blocked for policy reasons

American bid - Probabaly likely to have a significant number of enforceable conditions

As Sir David McMurtry and John Deer are very wealthy they might well not accept the higest bid but go for a lower offer that preserves the nature of the compamy and those who work for it -

Could well see a significant drop this morning - BWTFDIK

[mw8156] 02/3/2021 07:15

world's leading metrology company for sale!

[nocton] 10/2/2021 12:04

Just profit-taking. Look at the chart, it's a regular occurrence. Mind you I think that the p/e is ahead of events.

[pojscott] 10/2/2021 11:57

Big drop today??? Any idea why ???

[edwardt] 04/2/2021 14:10

slightly below consensus expectations on forward guidance. i see that as ok - under promise and over deliver. one to own for decades so i shouldn't really care about market perception.