[ADVERT]
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
  0.00 0.0% 27.20 26.90 27.70 - 115,046 09:36:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 165.3 5.9 1.7 16.0 61

Renold Share Discussion Threads

Showing 3376 to 3400 of 3450 messages
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
DateSubjectAuthorDiscuss
19/2/2021
23:27
Can anyone help. How are they decreasing debt so quickly? Are they selling non productive assets? Debt reduction is far greater than operating profit..
thelongandtheshortandthetall
19/2/2021
13:50
Thought Paul Scot made a good case here. Bought a couple - to garner my interest in further research. I've been waiting for a fenner style company to come my way. This could be it.
thelongandtheshortandthetall
19/2/2021
09:49
Renold (RNO) on the Stockopedia / Piworld February 2021 StockSlam. Paul Scott’s thoughts from 29:13. Video - Https://www.piworld.co.uk/2021/02/19/stockopedia-piworld-virtual-stockslam-february-2021-with-damian-cannon/ Podcast - Https://piworld.podbean.com/e/stockopediapiworld-virtual-stockslam-february-2021-with-damian-cannon/
tomps2
18/2/2021
13:14
It is fairly obvious that somebody is feeding this , plenty of buys but the stock is not making any headway since the initial mark-up, one might imagine that Tellworth Invs. are cotinuing to reduce.
mesquida
18/2/2021
08:55
Which is probably why a few of us have jumped in today. He presented the story well. For some reason I could only buy 6013 shares on HL.
scooper72
18/2/2021
08:35
Been watching the trades over last couple of days ... buy volume has been increasing , so it eventually gave today
jailbird
18/2/2021
08:23
Renold was put forward by Paul Scott on last night stockslam. Seen as a good recovery holding with plenty of potential.
tole
18/2/2021
08:15
Finally woke up Looks like recent overhang has now been taken up
jailbird
09/2/2021
17:24
So it looks like Tellworth have sold approx. 30% of their stake to the Church of England ( don't laugh, the Church of England Central Board of Finance has an impressive equity portfolio ), but what about the other ( approx ) 20 million shares that changed hands last Thursday. All very curious, but subsequent share price reaction ( or i should say lack of reaction ) suggests that there is nothing to get excited about.
mesquida
09/2/2021
10:17
Sphere, theoretically today we should get one or more RNS's explaining who sold the balance of the 28m trade last Thursday, and, more importantly who bought.
mesquida
05/2/2021
12:31
I can't remember many transfers recently beyond when there have been funds merging. It's nearly always someone lobbing and someone buying rather than a transfer. RNS out and as suspected it is one of the two above: Tellworth have cut their stake to 22.48m. It still doesn't explain the whole volume. More holding RNS should follow to explain the rest. Price hasn't moved, it's stuck so looks a fail atm. All imo DYOR
sphere25
04/2/2021
12:26
You don't think that this trade is perhaps simply a transfer between funds in the same management group.
mesquida
04/2/2021
12:24
How quick do buyers jump in on these exchanges! I wasn't going to buy here without a further look in but taken a small speculative position as a short term play, just in case it does breakout and runaway. Previous moves show how it can motor once it gets going. We can also see the breakout potential on the chart IF it can clear 15p. IF it didn't and went stale, the bid was 13.8p (WNTS were sat there before the large exchange) so an exit around there with a small loss, no drama - move onto the next one. IF that order at 14.9p (32222) on the offer gets taken out, the 15p will get cleared too. That seller at 14.9 currently will most likely be the one holding this back - key to the breakout imo. 27.7m seller? Appears to be one of these two: Tellworth Investments (London) 30,124,498 13.36 Rights and Issues Investment Trust (Regional (England)) 30,000,000 13.31 Buyer? Who knows. Someone reputable and it makes it more interesting. All to be revealed. The interesting aspect from long termers perspective is that someone has clearly decided that the confidence in the future of the company is there to come in and pick up 12% of the company. You don't often see a move of that magnitude. I remember it in PRES, but can't recall too many others. PRES moved really well afterwards. Can RNO breakout? All imo DYOR
sphere25
04/2/2021
10:05
I have no idea who the seller is. The obvious choice would be M&G but they don't have that many left, so its not them. Probably means they are still lurking in the wings. Interested to see who the buyer is.
spooky
04/2/2021
09:03
27.7m print - that's a whopper! More than 10% of the company. Book is thin here so a hard one to read the next price move on a large exchange like that but a noteworthy one. RNO clearly run into numerous issues in recent times, including pre-covid. Risky one. All imo DYOR EDIT: There is some buying coming in on the back of that monster exchange so just keep an eye on that recent high. IF it went through there then there could be a bullish move here.
sphere25
18/1/2021
15:56
Reality check - 580,000 prefs so not that big a deal - my mistake.
rburtn
18/1/2021
10:15
This company is like the proverbial waggonloaad of rotting fish, it's for trading, not eating. My first purchase of rno was over 15 years ago. It was once worth ten times as much as the current price with divi c. 5p a share - of which I received just three payments. From there it has been downhill nearly all the way. However, my average buying price is 8.65p. Not a buy and hold then - or will the CEO prove me wrong? He obviously thinks it is, either that or it is his expensive toy. With a potential boost from off-loading the pension fund - and that seems to have gone very quiet - perhaps he will be proven right. It isn't going to be easy though, the shrinkage of the company has left the preference share owners with a proportionately greater dividend call, a significant burden weighing it down. That might explain the disappearance of the years of retained profit from company value - and why some allow this situation to continue. So you are left with AIM benefits - but you have to die first.
rburtn
18/1/2021
01:33
I note that in 2015 RNO launched its "step 2020" plan. with "ambitious growth plans over the next 5 years." (Their words not mine). The question is what happenned? Over that 5 year period there has been: Revenue growth >1% CAGR EPS down ROCE down Book Value down I recognise the difficulty of having such a high Pension Defecit but even taking that into account I'd have to question what exactly has been achieved and therefore whether the management team is doing shareholders justice. As I am new to this share I would apreciate any views which could counter-balance my negativity in this partiular regard if anyone has anything to offer? Also, there seems to be very little on offer presentation-wise and scant broker's info. to boot? Apologies to any holders here for the negative tone. I am vieing this as a possible long position, so my agenda is not in any way a sinister one. TIA
thorpematt
13/1/2021
09:15
Really positive update. Delivering on what they promised pre Covid, despite disruption. In normalised environment will do well
bbarry8
13/1/2021
09:03
Ticking along nicely. Have a small holding from 8p. Renold revenues and order intake improvesIain Gilbertep industria manufactureraPIXABAYMachine industry company Renold said on Wednesday that it has continued to deliver "a robust trading performance" despite the ongoing impact of the Covid-19 pandemic on its markets.Renold said a recovery in both revenues and order intake has continued since November, with the group now expecting adjusted operating profits for the second half of the 2021 trading year to be "broadly similar" to those seen in the first half.The AIM-listed group stated net debt continued to fall during the period and stood at £23.0m at the end of December 2020, a reduction of 37% from the start of the trading year."Whilst considerable market uncertainty remains, Renold benefits from significant geographic, customer and sector diversification," said Renold."The group's ongoing focus on cost control, operational efficiency, productivity, and cash management is helping to offset continuing volatility in the company's markets."As of 0840 GMT, Renold shares were up 10.76% at 13.90p.
tole
24/11/2020
11:02
Nico, i would not describe it as a spike, but at the time the price did move up a couple of pennies before re-tracing. What surprised me is that the price hardly moved on the recent encouraging interim report, and we had to wait a week before any real buying interest appeared. What will be interesting now is whether the recent buyers go on, and if so whether M&G carry on supplying them with stock. It may he that M&G just let a few go so as to stimulate buying interest, and they are now happy to hold onto the rest of their holding , in which case things could get quite squeezy.The stock after all is clearly cheap, with broker share price targets as high as 30p.
mesquida
24/11/2020
10:38
Just for info this has appeared near where I live... Https://twitter.com/bigbigdave_/status/1330841756955504640
bigbigdave
24/11/2020
10:17
Thx Is that what causes the spike at the time ?(Sorry last question !!)
nico115
24/11/2020
10:16
200k @ 8.74 followed by 390k @ 9.43/9.60 .
mesquida
24/11/2020
08:26
What price did Purcell pay ?
nico115
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
ADVFN Advertorial
Your Recent History
LSE
RNO
Renold
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211019 13:02:00