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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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -2.80 | -5.20% | 51.00 | 256,536 | 15:29:18 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 50.20 | 51.00 | 55.00 | 50.00 | 55.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Engineering Services | 241.4M | 17.1M | 0.0759 | 6.67 | 121.27M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 15:41:28 | O | 1,949 | 50.92 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 29/1/2025 | 08:19 | UK RNS | Renold PLC Holding(s) in Company |
| 20/12/2024 | 14:53 | UK RNS | Renold PLC Holding(s) in Company |
| 17/12/2024 | 07:00 | UK RNS | Renold PLC Block Listing Six Monthly Return |
| 20/11/2024 | 17:14 | ALNC |  EXTRA: Renold highlights profit growth after headwind adjustments |
| 20/11/2024 | 12:32 | ALNC | Renold interim profit and revenue fall amid currency exchange hit |
| 20/11/2024 | 07:00 | UK RNS | Renold PLC Interim results |
| 18/11/2024 | 09:27 | UK RNS | Renold PLC Preference Stock Dividend |
| 11/11/2024 | 07:00 | UK RNS | Renold PLC Notice of Interim Results & Investor Presentation |
| 03/10/2024 | 06:00 | UK RNS | Renold PLC Holding(s) in Company |
| 24/9/2024 | 13:27 | UK RNS | Renold PLC Holding(s) in Company |
Renold (RNO) Share Charts1 Year Renold Chart |
|
1 Month Renold Chart |
Intraday Renold Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 28/1/2025 | 19:32 | Renold | 1,950 |
| 04/9/2019 | 15:54 | RNO | - |
| 22/10/2013 | 07:15 | Renold: the recovery story | 1,817 |
| 16/6/2008 | 12:00 | Renold - Long way to go.. | - |
| 21/11/2007 | 15:16 | Time to SHORT RENAULT..... | 3 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 15:41:29 | 50.92 | 1,949 | 992.43 | O |
| 15:28:17 | 51.00 | 5,852 | 2,984.52 | AT |
| 15:28:17 | 51.00 | 2,082 | 1,061.82 | AT |
| 15:28:10 | 50.98 | 1,000 | 509.80 | O |
| 15:21:08 | 50.46 | 2,219 | 1,119.71 | O |
| Top Posts |
|---|
Posted at 29/1/2025 08:20 by Renold Daily Update Renold Plc is listed in the Engineering Services sector of the London Stock Exchange with ticker RNO. The last closing price for Renold was 53.80p.Renold currently has 225,417,740 shares in issue. The market capitalisation of Renold is £114,061,376. Renold has a price to earnings ratio (PE ratio) of 6.67. This morning RNO shares opened at 55p |
Posted at 04/12/2024 13:55 by hopeful holder Stocko report a normalised eps at 7.61..So that puts us on a pe of less than 6.5I'm unsure of what the next set of drivers are for this companies share price other than some decent contract wins and I am expecting another acquisition, perhaps 2,in the next 12 months.I don't think a pe of 10 or more is a stretch..We had a run up to 65 pence or so a little while ago as RNO was touted around some share discussion boards and Vox etc. Perhaps another round of awareness as to the potential here is due?This is where you hope directors incentives are helpful in restoring awareness and market value to this share,What are other peoples views? |
Posted at 20/11/2024 19:08 by pj84 I posted this following a similar debate earlier in the year in post 1884 0n 18 July 24"Following the debate on the dilutive share options and the effect on the eps, I can see from note 5. to the results that it shows the basic eps as 8.3p and the adjusted eps as 7.8p and this drops further to 6.9p after taking account of 27,488,748 of dilutive share options. I am not against nil paid options so long as they are tied to demanding performance criteria. From item 7 of the directorsâ€&tra Based on the results and share price performance I expect when the detailed accounts are published that again a 100% bonus and 100% of share options will vest. From the 2023 accounts the CEO had 8,941,529 share options (with 7,106,667 yet to vest) and the FD had 2,292,667 (none yet vested) leaving another 11,769,011 or just over 50% of the 23,003,207 which presumably are held by staff. Based on the results I would expect 2,066,667 to vest for the CEO and 666,667 for the FD this year. I would prefer the options for the CEO and FD to be lower but despite that I still feel the shares are undervalued and I am more than happy to continue to hold and am not tempted to sell. |
Posted at 19/11/2024 15:44 by thirty fifty twenty i'm hopeful the price weakness pre results gives a chance of a lift if there are no surprises. fingers crossed the new acquisition is settling in well and mgt focus on cost efficiencies can compensate for any weakness in global trade. at least with c.80% overseas they not going to be clobbered by UK budget and NI issues. time will tell.All IMHO ann bol all, RNO is in my top 5 hldgs |
Posted at 03/10/2024 06:29 by lammylover Holding RNS 3/10/24. Cannacord Genuity reduce holding from 9.9% to 5.0%. Clearly there has been a big seller for a few days and impact on share price driving it down to around 50p. Hopefully now seller cleared, should see share price recover towards 60p.I've been adding around 51p, as see good value here. |
Posted at 02/10/2024 12:27 by sausage7 Hello Renold followers. Does someone have an insight as to what has prompted a 9% fall in the share price over the last 5 days? I read their trading update and US acquisition as positive on balance, especially the comment about the deal being immediately earnings accretive. Estimated 6.8x PE for 2025 and 6x for 2026, surely offers value now ? Happy to read your collective thoughts. |
Posted at 09/9/2024 10:39 by hopeful holder I'm expecting this to go to previous highs and a sell off again unless we get some a decent wedge of news. In which case.. honestly.. Once we get past that I have no idea on share price but I am sure that RNO had a target price over 70p.Given the fragmented market, I would like considerations for buying out other business in the market which would fit into RNO's current business model / market. |
Posted at 18/7/2024 17:40 by mirabeau Renold (LON:RNO) – Record 2024 Profits Leading To Further Global Growth And First Dividend Payment For 19 YearsBased in Wythenshawe, Manchester, this £125m capitalised group is the world’s second largest industrial chain maker, with a 10% market share. With over 150 years of history since Hans Renold invented the chain, today the group is selling to over 100 countries globally. Internationally it serves the agriculture, forestry and fishing, construction and machinery, energy, environmental, food and drink, manufactured products, material handling, mining and quarrying, and transportation industries. For manufacturers Renold is a premium supplier of high specification, sustainable, Industrial Chain and Torque Transmission product that facilitate others to achieve operational needs more reliably and with lower total cost of ownership, its products whilst critical are a small part of the total cost. I consider that its shares are substantially undervalued at the current 57p. Yesterday’s announcement of the group’s record results for the year to end March 2024 showed that despite a slight fallback in sales, down 2.3% to £241.4m (£247.1m) its adjusted pre-tax profits were up an impressive 18.8% at £22.1m (£18.6m), with earnings 20.0% better at 7.8p (6.5p) per share. Not only were those a good set of figures but the company also declared its first dividend since 2005 – 0.5p per share. Furthermore, although the company continues its selective growth by acquisition, the net debt has actually fallen £4.9m to £24.9m. The £120m capitalised group has also been investing more capital into improving its efficiency, productivity and capability at its manufacturing locations. It has started this current year from a positive position with good momentum and confidence in the capabilities and fundamentals of the markets that the group serves. Yesterday morning I chatted for a while with CEO Robert Purcell, who sounded extremely positive about the group and its medium-term prospects. “I am pleased that the Group continued to perform strongly throughout the year reflecting the hard work, strategically, commercially and operationally, that has been undertaken over recent years by our employees across the world. The business is now at an inflection point where we are starting to see the compounding impact of the many recent exciting initiatives as they come to fruition. We have a very clear strategy and are executing it diligently. Our continuous improvement initiatives are building an increasingly efficient, productive and resilient business and are providing an ever-improving platform to support our commercial initiatives.” Analyst David Buxton at Cavendish Capital Markets is very bullish about the group’s prospects too – upping his Price Objective from 65p to 75p a share. I think that is too conservative. His estimates for the current year are for £243.2m sales, £22.8m profits, earnings of 7.1p and a similar dividend payment of 0.5p per share. For the year to end March 2026 he sees £248.5m revenues, £23.8m profits, 7.3p earnings and another 0.5p dividend per share. In my view these shares at 57p are too cheap, especially considering its global market position, its record results, its return to paying dividends for the first time in 19 years and that they are trading on only a price-to-earnings ratio of 7.8 times. An excellent investment purchase now for growth over the next few years. (Profile 04.06.19 @ 30p set a Target Price of 60p*) (Profile 08.11.23 @ 29p set a Target Price of 36p*) |
Posted at 18/7/2024 00:12 by pj84 Following the debate on the dilutive share options and the effect on the eps, I can see from note 5. to the results that it shows the basic eps as 8.3p and the adjusted eps as 7.8p and this drops further to 6.9p after taking account of 27,488,748 of dilutive share options.I am not against nil paid options so long as they are tied to demanding performance criteria. From item 7 of the directors’ remuneration report for 2023 the CEO was awarded 100% of his bonus entitlement and 100% of his share options vested giving total remuneration of £1,244k which was very high (and higher than I would want) and equally for 2022 the bonus and options fully vested giving remuneration of £1,119k. For the five previous years no options vested, and no bonuses were awarded apart from 2019 when a 20% bonus was awarded and the remuneration during the 5 years ranged from £345k to £434k. Based on the results and share price performance I expect when the detailed accounts are published that again a 100% bonus and 100% of share options will vest. From the 2023 accounts the CEO had 8,941,529 share options (with 7,106,667 yet to vest) and the FD had 2,292,667 (none yet vested) leaving another 11,769,011 or just over 50% of the 23,003,207 which presumably are held by staff. Based on the results I would expect 2,066,667 to vest for the CEO and 666,667 for the FD this year. I would prefer the options for the CEO and FD to be lower but despite that I still feel the shares are undervalued and I am more than happy to continue to hold and am not tempted to sell. |
Posted at 17/7/2024 08:25 by tiswas Muted price reaction.Cavendish forecasts not too exciting with adjusted eps going from 6.9p this year to 7.1 and 7.3 for the next 2 years and DPS maintained at 0.5p for both years. It is a lengthy note so not read it in detail but not exactly putting a rocket under the share price |
Posted at 15/4/2024 11:06 by essentialinvestor Just for a bit of context ..the RNO share price traded around 60 pence in early 2006. It then climbed rapidly in to the spring/summer, 2007 - the pre GFC peak. In FY 2007, adjusted EPS of 8 pence a share. Debt under £20 million. So although I fully accept the point on arguable undervaluation, at the same time earnings have 'not increased' in 17 years. They are effectively now at 2007 levels. The above is obvs being Highly selective with dates, you could equally look at more recent progress, etc. |
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