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Share Name Share Symbol Market Type Share ISIN Share Description
Renold Plc LSE:RNO London Ordinary Share GB0007325078 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.03 -17.08% 4.975 4.70 5.25 6.50 5.00 6.50 1,200,982 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 202.4 14.2 4.9 1.0 11

Renold Share Discussion Threads

Showing 3301 to 3325 of 3325 messages
Chat Pages: 133  132  131  130  129  128  127  126  125  124  123  122  Older
DateSubjectAuthorDiscuss
03/4/2020
17:36
The demographics of this company's workforce would, as in the case of other similar companies, indicate a substantial surplus in pension fund assets if put up for auction. The last two days would indicate heavy turnover to establish tax losses. Those apart, it suggests that a company valued at just last years retained profit - as reported in the accounts, two weeks t/o - is being subject to some kind of co-ordinated theft from shareholders. It should arouse the interest of the Old Bill rather than the FSA and LSE.
rburtn
02/4/2020
21:01
It's the pension liabilities that's the problem, right? Seems like a decent company but weighed down by the liabilities.
wigwammer
02/4/2020
20:24
Sure..but you need to manage the story. If I was a fund manager owning this I would be recommending the broker and IR both be canned tomorrow. The impression given is that management is asleep at the wheel.
meijiman
02/4/2020
19:40
£200m revenues last year. Doing something right :)
wigwammer
02/4/2020
15:51
The mystery about all this is what are the major holders doing about it. Have they just written it off?
rburtn
02/4/2020
15:45
Told you all, see my postings R.I.P. Renold
stockjunkie11
02/4/2020
15:38
Debt debt and more dept plus pension labilites loaded on top - Dead man croaking and crawling to oblivion (imo)
pugugly
02/4/2020
14:10
This is a scandal...supine management seem happy to let the company go under.
meijiman
18/2/2020
08:12
This isn't just the Chinese adventure, it's the management. For years, the former glory of the company has been shining through, when competent managers were in control. The arrogance of current management during the last 10-15 years towards the market has a price, the ones that become visible today on the shares. If you think you can win by barking off customers and staff with wrong instructions that go against any logic, then you deserve the downfall. Meanwhile, highly skilled competitors are quietly taking over the market. There is nothing more, nothing less. Shame on your management, or what goes on before that.
stockjunkie11
14/2/2020
11:49
Correct me if I'm wrong but surely it behoves the directors of a company to provide some form of explanation for the precipitous drop in share price recently. If there is a problem in its Chinese adventure, then a market report is the least we can expect.
rburtn
04/2/2020
22:26
Of course it can...insiders own the company...wider shareholders are just a side kick amongst wider scheme of things... rburtn 19 Dec '19 - 08:05 - 1402 of 1404 0   0  0 This company has not paid its ordinary shareholders a dividend for 15 years. It has retained 35 Million in 'profit' just over the last four years yet is worth - according to ADVFN- about 2 Million. This money has just been poured down the plughole. The preference holders have done remarkably well all this time. One gets the impression the 'ordinaries' are being taken for a ride. Surely it cannot continue like this?
diku
19/12/2019
11:16
Glad you'll open your eyes, this brand is no longer persistent. Very poor management, they will pay the highest price soon. Take my advice.
stockjunkie11
19/12/2019
08:40
Got to agree. This company is a scandal. Incompetent management and a supine board.
meijiman
19/12/2019
08:05
This company has not paid its ordinary shareholders a dividend for 15 years. It has retained 35 Million in 'profit' just over the last four years yet is worth - according to ADVFN- about 2 Million. This money has just been poured down the plughole. The preference holders have done remarkably well all this time. One gets the impression the 'ordinaries' are being taken for a ride. Surely it cannot continue like this?
rburtn
09/12/2019
16:47
What did I told you ...RIP management
stockjunkie11
09/12/2019
16:43
What did I told you ...RIP
stockjunkie11
17/11/2019
22:45
Both low and high Renold management is a disaster since +/-10 years. Micro local branch management has also pushed all good employees out. These experienced technical sales people are working now for the competiton: Sedis, Köbo, Tsubaki, Donghua chain and some others. The big bang will come soon, RIP Renold management.
stockjunkie11
16/11/2019
13:13
It seems to me that Renold is now entering the end-game for a management style which is all about cutting costs and competing to be the cheapest. Moving manufacturing to China - if there is a substantial Chinese market, fine - but it won't do any good when it comes to competing with a local enterprise aiming to add value and differentiate product. There are many precedents for failure in this strategy. If I was a competitor manufacturing in Regensburg, I doubt that the move to Chinese manufacturing would make my task selling to VW and BMW any more difficult. It may be that Renold is in a commodity market but I suspect it should be a bit more sophisticated than that and pricing as a premium product with an element of profit would win any time. Clearly Renold have been operating for fifteen years and more with absolutely no profit so they should be put down or merged to take advantage of a more enterprising board of directors.
rburtn
16/11/2019
10:05
I told you all before: MISMANAGEMENT kills Renold...see my earlier post (and I mean mismanagement at ALL levels!)
stockjunkie11
14/11/2019
17:23
Naked Trader buys into RNO lol
onjohn
14/11/2019
17:23
This one wears a lead and barks
onjohn
14/11/2019
17:22
Correction above, 4 years dividend!
rburtn
14/11/2019
15:27
Just looking at the dividend record - 4.5p / share back in 2004/5. Fifteen years of re-invested profit(!) and the company valued at 4 years profit in 2005. Just where has all the destroyed value gone? Someone has made a living out of it but certainly not the owners.
rburtn
14/11/2019
14:18
I notice no reference to the fantastic 'STEP 2020 strategic plan' in the interims, although there's still a dedicated page on the website (https://www.renold.com/company/step2020/). Watch for that to be taken down too -- or maybe a change to STEP 2030 and hope nobody notices. New CEO needed here maybe. I can't understand how this one deserved a 20% pay increase last year.
gargoyle2
14/11/2019
11:50
Yes it's a pitiful state of affairs at these once proud company. Looks like a basket case.
meijiman
Chat Pages: 133  132  131  130  129  128  127  126  125  124  123  122  Older
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