Renishaw Share Discussion Threads

[edwardt] 12/2/2024 18:40

Double upgrade from ubs today.

[edwardt] 09/2/2024 13:12

I am pretty sure if that was the case it would have happened by now!

[1c3479z] 08/2/2024 13:35

Question is whether either of the two principals has relatives interested, willing, able and dedicated enough to take on the business, DM is about 83 in good shape presently AFAIK and JD is about 86? Having been an albeit v small shareholder since it floated, it would be good/ideal to have advance indication of what may happen in the next decade!

[edwardt] 07/2/2024 20:46

Still short shallow pockets??

[edwardt] 06/2/2024 13:09

I think just the former

[1c3479z] 06/2/2024 13:04

is it just the semiconductor cycle turning or has one or both of the octogenarian owners decided to call it a day?

[edwardt] 06/2/2024 09:04

Must be more to this - perhaps a bid in the offing?

[edwardt] 06/2/2024 08:33

Well if it was a profit warning - pls keep doing it!

[edwardt] 06/2/2024 08:20

Decent fwd statement too.

[edwardt] 06/2/2024 07:58

In line with consensus -

[scepticalinvestor] 06/2/2024 07:33

Profit warning?

[edwardt] 08/1/2024 19:48

Old is not antiquated but big risk they sell imho.

[shallow pockets] 19/12/2023 13:57

As above, we are adding to our position here at 3700 which we initiated at 3250. Beta driven rally aided by short covering. Nothing else has changed with the Company. Ownership remains antiquated.

[edwardt] 11/12/2023 16:35

big votes against the old boys again. time for a shake up here!

[redartbmud] 27/11/2023 18:58

Sp

2450 No way Hose.

Are you Bonkers from Brighton?

red

[shallow pockets] 27/11/2023 18:19

Well, it's time to get short again. There has been a short covering squeeze of over 12% from our last targwt, as expected by us. We wrote that we would seek to reshort, and now appears tonis to be that time. If it gets above 3400, we will add to the position, but our target here is an alarming 2450 whilst the current owners of McMurtry and Deer continue to crush the lifeblood from the future of this company by treating it as their own child. It worked when they were younger, and more innovative. But they aren't helpful anymore and haven't been for some time. Short them again.

[scepticalinvestor] 08/11/2023 08:08

Surely a buy out target now - the patents are worth almost the same as the mkt cap

[deutsch4] 30/10/2023 11:54

What a load of tripe. No doubt in Short trouasers!

[shallow pockets] 30/10/2023 09:44

Well, that didn't take long. Our short position target of 2850 got reached quickly, evidencing that public sentiment consistent with our analysis is broadening. Should we stay short? Well nothing has changed except price. A management crew who are not fit to take the company forwards remains in situ. The ownership structure is out of date and wants to feel comfortable with obsequious underlings. It's wholly inefficient and ill serves external shareholders. So yes, we want to be short. We will be sellers of rallies above 3000, There is the potential for the value of this Company to deteriorate significantly further until changes are made. It could go the way of multiple other large UK companies of the past.

[deutsch4] 26/10/2023 09:49

'Sounds honest'

[pugugly] 26/10/2023 07:52

Key take "Outlook
"Trading conditions remain challenging due to subdued demand, most notably from the semiconductor sector. We continue to see positive investment trends in robotics, defence, low emission transportation and additive manufacturing. "

Only question - Has Mr Market already factored poor TU in the share price or given current world macro situation will we see a new mark down on opening?

[apollocreed1] 23/10/2023 02:00

Earnings reports have been good. The only solution is to restructure this as you say in order to make the company more attractive to a takeover.

[shallow pockets] 21/10/2023 13:35

It's taken 10 months of stagnation in the share price, but we have now hit our second target of 3100. It's still not a buy. Nothing has changed, except John Deer's health apparently deteriorates further and both key shareholders get even older and more out of touch. Corporate restructuring is required, starting with a new management team. New target: 2850.

[edwardt] 13/9/2023 12:10

time for the old timers to sell this me thinks!

[1c3479z] 09/6/2023 07:38

at the CMD yesterday attendees were shown high end Raman spectroscopy integrated with SEM seems new applications are being devised in battery anode/cathodes and elsewhere so may move in future out of research into general use. also, Renishaw central, a machine tool software system integrated with equator capable of analysing and correcting inputs from multiple metal cutting machines on a workshop floor, high end laser guided additive manufacturing and exciting robot positioning and probing technology the cartesian maths for which must be extremely complicated they said. enclosed integrated fortis encoders a significant growth area.
Two principals were present and shown the impressive innovation centre.