Renold Share Discussion Threads

[stockjunkie11] 18/9/2020 09:49

Don't forget the very weak position of RNO in the market over the last years.
While they keep on recovering for years now, all competitors are winning customers.
Covid has nothing to do with this.

@spooky : you are dammmm right in your analysis.

Focus on 'polished' stats or focus on reality, your choice.

Good luck.

[luzley] 18/9/2020 09:20

Have DTR but the streamlining cost is now under the belt and I see profits beginning to cascade to the bottom line now. I concede on your points which I have evaluated but I'm still left with the conclusion that the breadth of industries covered by Reynolds means that ignition in any of the sectors would play into their hands. I'm frankly surprised that the oversold position hasn't elicited a bid given cash generation during the Covid aberration. This share should show sharp recovery initiated in the Far East and rolling westward as industry is accelerating there already. On a separate level I genuinely believe that herd immunity to C19 is an escalating process already approaching its tipping point. This has followed my predicted (amateur but informed and educated) progress to date. Time will tell but I think the outlook is far rosier than we are led to believe at present.

[spooky] 18/9/2020 07:58

Not sure i would disagree with your conclusion but you may want to go away and take a look at the debt, pension fund deficit and the fact that current year earnings will not leave them on a PE of 3.

[luzley] 18/9/2020 06:49

WOEFULLY UNDER-RESEARCHED, oversold and under the radar. Bought a nice chunk here sub 9p. Renold has completed a 3 year streamlining exercise and its products are universally used and applicable to all sectors. DYR as recent earnings would put this on a current P/e of just 3. Given that it has been profitable during the first quarter during Covid this has automatic multibagger potential. Time to light up this thread which is unbelievably dormant!! Amazed........

[jailbird] 06/8/2020 07:48

This news will filter through eventually "China's Manufacturing Recovery Picks Up the Pace BEIJING--An official gauge of China's factory activity expanded at a faster pace in July, as improving demand inside and outside the country kept the recovery of the world's second-largest economy on track.": https://uk.advfn.com/stock-market/stock-news/82966929/chinas-manufacturing-recovery-picks-up-the-pace

[jailbird] 16/7/2020 09:47

Probably next month

[jailbird] 16/7/2020 09:44

Volume pick today Wonder one next update is ?

[stockjunkie11] 08/7/2020 16:23

Remember, the truth is not always in what you see.

[wigwammer] 08/7/2020 15:57

Management recently bought a material number of shares. I very much doubt they fake to survive.

[stockjunkie11] 08/7/2020 11:07

How come they even sell lower quality sub contractor products these days?
Glory is over, they fake to survive.

[babbler] 29/6/2020 06:56

Some more good news today...

[stockjunkie11] 24/6/2020 18:31

your money not worth.

[babbler] 23/6/2020 09:17

Still people sell... But guess they are in profit then great.

[babbler] 22/6/2020 11:02

No but gives us an excellent chance.

[wigwammer] 22/6/2020 10:12

So peel double their target and management buy material quantities of shares...and people still sell! You can lead a horse to water :)

[babbler] 22/6/2020 08:32

Peel upgraded target from 15 to 30

[wigwammer] 18/6/2020 13:58

A few sellers coming in... I don't think management could make it a lot more obvious that the shares are undervalued.

[wigwammer] 18/6/2020 09:53

CEO also buying material stock. I think they have a great underlying business here.

[nick rubens] 18/6/2020 09:43

I'll be holding for a few more years yet, though did pluck courage to buy a few at 7p also, kind of felt like I was throwing good money after bad though at the time.

It's a company name/brand I remember as an engineering apprentice back in 1980. A name I associate with Great British engineering.

[imjustdandy] 17/6/2020 18:08

Will be to 20p in no time. Pretty good update on the restructuring and cash position looks comfortable. £20k Director buy today too and probably more to follow

[rburtn] 17/6/2020 13:39

Do not lose faith Nick, I paid as much as 134 in 2007. Despite it being the embodiment of the falling knife, my average buying price is 6p. Don't ask me how it has been done - or how much it has cost in real terms - on paper I'm winning!

[nick rubens] 17/6/2020 13:13

Looks like a long haul back to the thirties where I bought in. It's possible but needs to be more profitable. Maybe someone can takeover and make it more profitable but seems I was too optimistic at 35p at what seems like many years ago now.

Moving to China should help restore it's profitability and grow, all being well. But what does that say about operating in the UK?

[lefrene] 16/6/2020 08:36

batham1, we've all done it. The one you sold goes up, and the one you bought goes down!