Renishaw Plc

-36.00 (-0.86%)
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 Shares Traded Last Trade
  -36.00 -0.86% 4,132.00 40,019 16:35:17
Bid Price Offer Price High Price Low Price Open Price
4,120.00 4,128.00 4,158.00 4,096.00 4,138.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Meas & Controlling Dev, Nec 671.08 120.35 165.30 22.17 2,647.29
Last Trade Time Trade Type Trade Size Trade Price Currency
16:55:35 O 26 4,136.637 GBX

Renishaw (RSW) Latest News

Renishaw (RSW) Discussions and Chat

Renishaw Forums and Chat

Date Time Title Posts
03/2/202308:40Renishaw 20061,209
14/10/200811:04RENISHAW..'This is a cracking company'..54

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Renishaw (RSW) Most Recent Trades

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Renishaw (RSW) Top Chat Posts

Top Posts
Posted at 28/12/2022 12:12 by shallow pockets
Msybe, c3479z, and Rod Laver was once good at tennis, Pele at football. But time catches up with all of us. And then passes us by.

McMurtry's time was up some time ago. His and Deer's aborted share sale was their overt admission of this fact.

Anyone who ignores 12 months of market movement either has only 6pence invested or has his head buried deep in sand, c3479z.

And no, redartbmud, we don't for one moment think William Lee has the first clue about what he is doing. We are told he lacks internal support from mid management who want him out as well. Changing the culture at Renishaw can be done with one stroke of a pen. Get rid of the current senior management, put in place a proper 21st century management team, and the Company has a fighting chance against fierce competition getting fiercer.

Until then, stay short. Target 3100

Posted at 28/12/2022 09:27 by shallow pockets
Yes, c3479z. We know that. But it won't be the first time that larger shareholders make their position untenable. The stock is down 24% this year compared to the FTSE100 being up 2%. Happy as a shareholder? They commence a sale of their stock, and typically, their subjective view that their "baby" that they own is better than it is,akes them price it too high. Failure. Embarrassing. Typical.
My information from within the company is that there can be no progress with McMurtry, Deer (who is very ill) and Roberts still strangling the company and any innovation to death in their own image.

Here's a 2023 prediction for free. None of these these 3 dinosaurs will be at the helm of this Company in 12 months time, allowing a slimmed down company, with non core subsidiaries and excess manpower both to be disposed of promptly.

Until then, stay short. Target 3100.

Posted at 03/11/2022 11:28 by shallow pockets
An update on our short position: based on an updated analysis of the company's managment actions (or mostly inactions), the continued domination by McMurtry of any key decision making, and an/his unwillingness to allow new investors to join the Board, we feel a share price acceleration to the downside is a real risk.

Stay short. New target 3100.

Posted at 23/8/2022 16:04 by fuji99
Not specific to RSW but institutions and investors are getting out of the markets as there is evidence of recession with inflation persisting and rising to possibly 18% next year. In addition, the Russia/Ukraine conflict does not seem to have an end on sight. The China/Taiwan possible disruption of semi-conductors as Taiwan holds 61% of the world production. All these events are making it very difficult to invest for the short or the long term in these markets as nobody can quantify the extent of future effects. This is my own opinion only.
Posted at 06/4/2022 08:26 by redartbmud

You are far more optimistic about the company today.
On 31 March you were looking to buy when the share price reaches 500p and now it's target is 2200p

Hey ho....

Posted at 31/3/2022 09:46 by scepticalinvestor
Lol good grief this really is a dog of a share. Looks like it back to single digits soon.
Posted at 06/3/2022 16:56 by shallow pockets
So here we are, about to breakdown through 4000, en route to 3750 with some 40% of value destruction now behind us, despite a number of positive announcements driven by global industry beta, after the two founders' revealed that they would like to sell down their holdings if they could extract an excessive price which predictably failed. Since when both McMurtry and an ailing Deer have stubbornly held onto control because they view it as "their company". They haven't reinvigorated executive management with new and top class recruitment. They haven't allowed any disposal of non core subsidiaries to focus better on their core units. In fact, nothing has changed nor looks like changing The company is coming under increasing global competition, and is beginning to resemble its behind the times.
Posted at 14/1/2022 14:28 by nocton
Nice rise to over 4600 since Shallow pockets said "This share price continues to move to our revised lower target of 3750"
Posted at 13/1/2022 08:25 by shallow pockets
This share price continues to move to our revised lower target of 3750, once again now touching our original target of 4000 +/-10%. There is little to no energy left in the leadership, both of whom continue to view it as "their" company, acting in "their" best interests not all shareholders. McMurtry especially and Deer were hugely talented and did what they did at the right time, and worked very hard thereafter. But like all such founder owners, it became personal. Their managerial style remains long out of date, is too conservative and wholly hierarchical. They couldn't/wouldn't sell at fair value in 2021 much as they wished to divest, at their personal valuation which incorporated a lifetime's work, which no one else values at even 1p. So we are stuck without inertia or forward dynamics, and the next layer of management is weak and bullied. The Company needs breaking up into more dynamic parts. Stay short. It will drift below 4000.
Posted at 04/10/2021 08:43 by shallow pockets
The old owners are blocking progress on two fronts: they have employed either young and acquiescent senior management below them, or mid management who are not innovative nor ambitious, both sets of whom are not capable of driving the entire business forwards even if they had free rein, which is the second problem...they don't. McMurtry & Deer and (their FD, Roberts) run it like an old school with a high table

Deer and McMurtry won't sell at a fair price, and as the price goes lower are less likely to sell. The share price is thus a one way bet. Either the company gets broken up and parts are sold off to shrink the business, or we wait until the end game. In the interim, the share price moves to 4000.

Renishaw share price data is direct from the London Stock Exchange
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