Renishaw Share Discussion Threads

[dennis russell] 17/7/2007 18:37

phbatjco - not sure what you mean by 'recovery'. Results for RSW are due on the 26th. Will probably show a modest reduction in growth, due to some phasing in of new products. The fall in the price since the beginning of June will I believe be seen to be overdone, and we should expect a return to the £7-£8 level. Buy an option?

[phbatbjco] 16/7/2007 12:39

A friend recommended this stock to me recently as a recovery. Any thoughts anyone?

[dennis russell] 09/7/2007 18:57

Apattern seems to be emerging of RSW buying into its high-tech suppliers - to protect its niche ? Hopefully there will be some commentary with the results.

[pugugly] 29/6/2007 15:22

QUESTION? Has the loan been repaid today - Are the companies required to issue an rns advising of repayment?

Delcam says 2 mln stg advanced to Renishaw; FD Singh cuts stake in co


LONDON (Thomson Financial) - Delcam PLC said it it has advanced 2 mln stg to
shareholder Renishaw PLC through a loan agreement.
The principal amount, calculated at 5.7 pct per annum including interest,
has been given for a period of 30 days and will be repaid on June 29, the
computer-aided design software maker added.

[dennis russell] 14/6/2007 11:45

SuperstarDJ. Recent company announcement seems to imply that there is no terrible skeleton about to emerge. Rules would surely require the chairman to have said so if there was? By the way, results are due JULY 25th.

[dennis russell] 13/6/2007 17:32

Anyone care to forecast year-end results. Half-year showed sales growing, but profits held back by a £3M currency hit. I would expect a niche business like this to be able to move prices to adjust for the strong pound over a period of a few months. If I'm right, this must be a great buying opportunity.

[superstardj] 12/6/2007 16:54

Arden Partners have joined long standing bears of the stock WH Ireland with a sell recommendation.

[gopher] 08/6/2007 22:42

Fears about earnings according to sharecast

[luckyswimmer] 08/6/2007 10:01

No insight apart from general brutal market sentiment however we are back at the January low so it will be interesting if 678 holds. A good company if the global economy stays on track. At least Shanghai has stopped falling.

[earthian] 08/6/2007 09:46

Interesting 7% fall this morning on no apparent news - any insights...?

[dennis russell] 30/3/2007 16:20

RSW invests £6M in a business with which it has a long-established working relationship, and the market knocks £16M off the capitalisation. Funny old world.. Delcam (DLC) looks like a well-run business, making 35p a share profit, and oddles of cash with steady growth.

[dennis russell] 05/2/2007 16:52

Re currency risk. With niche products like RSW's, it would be normal to be able to adjust prices in a declining local currency within 6 months. If the currency risk is particularly high, one would probably hedge or price in sterling. This is a quality business

[watwungyi] 05/2/2007 09:05

This is a risky business. As a UK-based manufacturing business, and 90% of its sales from overseas, with increasing sales from Japs, far-east, the stronger pound will affect 1)labour costs 2)overseas earnings. New facilities are only beginning to established in India(low currency market). Europeans sales are not increasing as fast as far-east where everyone knows Japs weak currency though it's expected to be improved. Until I see more and more production faciliities are transferred to China or India, I would be hesitant to buy despite director's showing off its confidence.

[dennis russell] 02/2/2007 14:44

So on Jan 25th. I said 'a buying opportunity for the brave' - and next day John Deer buys a million quids' worth! Did he mistake me for Warren Buffet? Anyone know where John's money might have come from? (i.e is this a genuine investment?)

[9degrees] 29/1/2007 17:34

Quite right
590 brave trades today mixture of buys and sells but majority buy

[dennis russell] 25/1/2007 17:21

I believe the market has decided that the dollar will not fall farther, so underpinning RSW margins. This should be a buying opportunity for the brave!

[9degrees] 24/1/2007 16:55

what a disaster- cant wait for the dollar to pick up and this will start singing again

[slong] 24/1/2007 14:53

Likewise, cant understand why the spread was so tight when I bought (1p), and now its around 7p ??

[quidzinn] 24/1/2007 12:56

Just bought 2750 @ 690p - (shown on advfn as a sell) - in for the bounce !

Q

[stonyb] 30/11/2006 13:40

They'd obviously heard I decided to sell two days ago.

I thought it was beginning to roll over down to the 5-year EMA at around 663, then maybe even moving lower to around 583. It might still do so, long-term.

As things stand it's a good bounce off the lower-trend line of an up-channel from the 2003 low. But... it's only coming up to the 250day EMA, from where it might reverse back down again. It needs to be watched closely.

~~~

My guess is that something's up newswise. If so, then perhaps something's leaked.

[compo99] 30/11/2006 12:17

Why this sharp jump at 11am ? Another broker upgrade or USD respite ?

[linhur] 22/11/2006 21:19

The AGM statement did say that profits would be down by £5m this year if currency movements meant that sterling was overvalued which it currently is.

[9degrees] 22/11/2006 16:32

here it goes again just like a yo-yo

[busterswims] 23/8/2006 14:35

Can't understand this share either.Record results and PROFITS,Growth in developing areas such as China and India and the stock drops like a stone ????!!
Comments PLEASE