Renold Share Discussion Threads

[simon templar qc] 20/8/2012 13:09

Its doing you a fat lot of good here!

If you had have researched this dog properly you would have avoided it.



The odds are you would have had a better chance blindfolded and then sticking a pin in the FT

[roddiemac2] 18/8/2012 16:44

"Your attempts to blame bulletin board posters just shows how unscrupulous you are"
Simon, nobody, least of all me , is blaming bulletin board posters for the slide in CML`s share price . Your capacity to misunderstand everything everyone says seems to know no bounds.

You have been exposed.

[roddiemac2] 18/8/2012 16:34

Simon T , Take a breath, and read slowly. You are becoming deranged.You are deliberately drawing attention from my main point, which is this,----The reason I posted about CML was to illustrate that you had adopted the devious and dishonest practice of posting under several nicknames , on one discussion.

PEOPLE WHO POST AS DESCRIBED ABOVE SHOULD BE NEITHER TRUSTED OR LISTENED TO.
Please do not try to draw a smoke screen over this issue

The fact that you also totally misunderstood that it was just a matter of time before the company started to reap the rewards of years of research and development is a side issue , but illustrates your short sightedness.

[simon templar qc] 18/8/2012 09:02

Well if this board is not the accys board why did you post info on CML on this board ?

Your intention is clear RM-to mislead investors!

CML burnt all their cash, they stopped their dividends had profit warnings and then stated they may delist. Those are the facts!

The directors caused the share price to collapse through their actions, not bulletin board posters!!!!

Facts RM facts!

You omitted those facts from your earlier post it was the management that caused the collpapse of CMLs share price when it did!

If they had have delisted shareholders would have struggled to sell their shares so they exitted.

To reiterate this is what they said and this is the link...



This is what the company said at the time "It is
clear that the markets in which the Group operates have suffered weak trading
conditions for some time and there is an obvious lack of demand for the
Company's shares. " Does that statement paint a story of a good company at the time!!!!

I see you make no mention of Metnor in your reply! You held Metnor and got trapped in when they delisted! You also said Metnor was a "good company" well it did shareholders no good when they delisted!

You are the saddo resorting to misleading readers with your postings. You pick the plums and leave the stones!

Renold share price is suffering the same fate its collapsed due to a profit warning, high debt and a large pension deficit.

That is down to management and no one else. DS, me and others have merely pointed out the facts, what ultimately causes a share price to fall or rise is how a company performs, what the fundamentals are and how management deals with the company and its shareholders!

As far as CML was concerned the company burnt a tremendous amount of cash, the company did underperform and they did cut the dividend a few years ago. What they then intended to do was consider delisting, the share price then collapsed to about 40 pence!

Your attempts to blame bulletin board posters just shows how unscrupulous you are!

[roddiemac2] 17/8/2012 20:56

ST --This is not the Accsys bulletin board.,but for what it is worth, I sold the bulk of my holding in June and October 2007, making a very large profit.

CML was never in any danger.It is a very well run business.

I am quite happy to discuss any stock I hold on the appropriate bulletin board.

[roddiemac2] 17/8/2012 20:40

You are a sad man ST

[simon templar qc] 17/8/2012 19:44

Interesting analysis but you failed to mention Target Setter called it right as the price fell! He stopped being negative as the price rose!

Can we have the same anaysis on Metnor or even Accys technologies Metnor delisted and you held stock and Accys hasn't done at all well since it came to market and you fail to mention you hold as well!

Accys...



By the way its called trading calling it right on the way down and on the way up. Buying selling going short it doesn't matter so long as you make money!


This is when CML threatened to delist..



This is what the company said at the time "It is
clear that the markets in which the Group operates have suffered weak trading
conditions for some time and there is an obvious lack of demand for the
Company's shares. "

What followed was a mass exit!

You know all about delisting don't you being a Metnor holder!

You also failed to mention the other reasons why CML started to fall the way it did ie profits started to deteriorate company cuts its dividend. It was the company that caused the deterioration in the share price no one else!!!!

[rburtn] 17/8/2012 11:43

I don't know whether the QC - or anyone else claiming a disastrous pension deficit - has actually read the last annual report. It might be noted that variations due to actuarial standards on their own resulted in adding 27m to asset value in 2008 and subtracting 50m in 2010. It was also said, that without QE the overall deficit would have been 8m. Of the 180m assets of the scheme about 50% is in equities, so a 10% rise in the FT say, would immediately add 10m to the asset value. That says to me that stopping QE and a 10% rise in stocks would put the liabilities fully covered. As far as I am concerned DS in the FT has not done himself much good with this disastrous version of Renold. I might also add that the most recent RI said the profit was increasing but not as fast as the market anticipated. Well, I've just bought a few more and I do expect the purchase to be vindicated despite my reservations about managements' concern for its shareholders.

[gleach23] 16/8/2012 17:28

puffintickler...don't tell me you're casting doubt on Simon Templar QC's wisdom here...???! ;-p

[puffintickler] 16/8/2012 16:57

I am afraid I will end up like that guy.

But then so will we all.

[simon templar qc] 16/8/2012 13:55

Please yourself dont' say I didn't warn you dont end up like this guy...

[puffintickler] 16/8/2012 07:10

Simon

There are many more businesses with no pension deficit that have gone bust!

A large pension deficit is not enough to kill a business on its own. It will constrain, weaken but not kill a profitable business. But it can finish off a business in terminal decline, ie be "the final nail in the coffin".

The question is, how profitable is Renold in the long-term?

[simon templar qc] 15/8/2012 20:02

Dawson goes into administration the final nail in the coffin the large pension deficit...




Dawson isn't the first nor will it be the last company unable to continue due to a pension deficit.

[ian77] 14/8/2012 17:46

P S I am well in profit allowing for the divi what more can you wish for ?

[ian77] 14/8/2012 17:44

roddi I THINK YOU ARE RIGHT HE HAS NOTHING ELSE TO DO BUT SIT TYPING ALL DAY WHAT A SAD BAS D

[simon templar qc] 14/8/2012 16:55

Pensions deficit increase in July...

[roddiemac2] 14/8/2012 12:14

"He is right about one thing and that is the borrowings and large pension deficit will hold back this company if not pull it under if they cannot reduce both."---We have all known that for the last two years. The risk is obvious. It is a risk I am prepared to take.

[gleach23] 13/8/2012 21:35

Anyone who has followed the share price over the last couple of years will know that David Schwartz's previous positive updates have not helped the share price at all....in fact it has fallen. It just rises the day after his tip then falls back.

I don't have a large shareholding here so am willing to risk waiting to see if they now do the opposite and rise back towards 30p...I may sell out then. After all, last Friday's DS update was a full 6 trading days after the IMS so most big players would already have made their trading decisions.

[simon templar qc] 13/8/2012 18:00

He is right about one thing and that is the borrowings and large pension deficit will hold back this company if not pull it under if they cannot reduce both.

[roddiemac2] 13/8/2012 17:10

Simon T ,---You are right about one thing. Just as many follow DS into a share , so many will follow him out. ---SO what ? He is not always right.

[roddiemac2] 13/8/2012 17:02

I doubt very much whether what is said here will influence the share price in either direction .

ian 77,----Simon T is an obsessive poster . Take a look at the EKT bulletin board for evidence of this .

[simon templar qc] 13/8/2012 14:50

rburtn,

But didn't the wise on (rodimac) say earlier ramping makes no difference to these shares if that is right conversly any negative posting will have no impact!!!

I would not get carried away with a buy out or a bid for that matter who any bidder would struggle to raise any money to raise enough cash to deal with the borrowings and the pension deficit. Its not going to happen imo.

The best you can hope for is do without dividends for years while the company deal with their borrowings and pension deficit.

The press will have had an impact if you want to blame anyone for sellers today blame DS from the FT as he is a well respected financial journalist.