Renold Share Discussion Threads

[interceptor2] 13/7/2022 17:10

Will have to wait until the AGM update in August when the share price is likely to rise if the update is positive, results were already known from the last trading update.

[tiswas] 13/7/2022 11:47

Jeez, down on day. I give up! Going to be taken over if they remain this cheap.

Imagine what it looks like to a $ buyer?

[royaloak] 13/7/2022 09:57

I had held another manufacturing company which I really like, but dropped it as it was treading water and not moving upon up days in the market, SFR.

SFR I assume massive costs with energy in the steel sector and assume RNO may be similar on the forging side of chain with , but I may not be too up to date as others on here about these costs?

Also to a certain extent todays' figures may suggest my assumptions are wrong?

[thorpematt] 13/7/2022 09:02

royaloak,
Yes, I was going to post very similar. Looks good.

Well done to those of you who have either held on, or bought in at the lows!

[royaloak] 13/7/2022 08:47

Morning

RNO not in nowadays, not too keen on manufacturing because of cost inflation, but impressed with the results, watching closely.

[fillipe] 13/7/2022 08:33

Excellent RNS today from RNO.
The share price should up 10p! ... not just the 1p which I'm seeing.

f

[this_is_me] 13/7/2022 08:18

Yes, good progress despite the difficulties. Debt reduction is important with generally rising interest rates unless there is a very good acquisition opportunity.

[interceptor2] 13/7/2022 08:01

Impressed by how well they have navigated through all the supply chain issues and cost increases, management have run the company very well.

Good to see continued debt reduction and reduced interest payments, a dividend would be appreciated but happy if they continue to invest in growth and continue to report strong results. Hopefully we will see the benefits in a higher share price.

[jaf111] 13/7/2022 07:21

Quite a lot of good stuff....record order book & debt reduction being the highlights IMO

[retsius] 12/7/2022 12:04

Absolutely zero interest in this stock.
We shall what tomorrow brings .
R.

[hastings] 04/7/2022 13:00

Hoping to arrange something with management post results. Initial write up that may be of interest.Https://martinflitton1.wixsite.com/privatepunter/post/renold-s-upping-the-gears-may-be-set-to-continue-04-07-22

[retsius] 30/6/2022 19:05

Only share positive today in a sea of red!

[nick rubens] 28/6/2022 09:02

Always goes quiet after a pullback in the share price Full year results on 13th July.

The last update was informing the market of even better than expected trading, record high order books and with little or hardly any impact from Russia/Ukraine situation. With Interest rates rising I'm hoping also to hear of pension deficit liabilities being reduced/revised downwards.

Interesting too was that the company pension trustee had built up a stake (8.17%) in the shares earlier this year.

[retsius] 27/6/2022 09:08

Pretty quiet board?

Should be moving up as Results Date nears in two weeks.
Must be money to be made here?
IMHO DYOR.

R.

[tiswas] 21/4/2022 11:53

Does anyone know if Peel Hunt updated? Don't think that they make research available on Research Tree.

[petewy] 20/4/2022 10:36

I'm in for long term hold

[fillipe] 14/4/2022 08:56

Recent forecasts have been closely around 42p, although I guess today's news will improve on that.

f

[meijiman] 14/4/2022 08:48

No reason for the shares not to trade at 50/60p!

[ny boy] 14/4/2022 08:40

I said last year it was a hold for years stock, here it’s been add on a big pull back and after todays news, it’s definitely a back up the truck jobbie and load up and run to the hills with this very valuable loot. Dyor as usual

Catch up later in the autumn

[interceptor2] 14/4/2022 08:26

Strong trading update, all positive and no mention of supply chain issues, management are doing a very good job here, particularly with price increases before cost increases in raw materials.

Make me wonder how the price touched 20p level.

[wigwammer] 14/4/2022 07:49

Profits materially ahead and "The current order book of GBP84.1m is a record high for the Group (31 March 2021: GBP53.6m)."

[bubloo] 14/4/2022 07:31

great news totally undervalued must be priced around 40

[tole] 14/4/2022 07:06

As a result of the stronger sales, benefits of cost reduction and efficiency programmes, and the successful implementation of price increases running ahead of raw material and energy cost increases, the Board is now expecting underlying trading profit for FY22 to be materially ahead of the previous upwardly revised expectations.

[jailbird] 07/4/2022 13:53

Drop probably related to any potential China slowdown, but may not be of material impact

[tole] 07/4/2022 13:49

Trading update due usually around this time fwiw