Restore Share Discussion Threads

[owenski] 04/9/2024 21:28

That CEO purchase is quite chunky at £280k

[wad collector] 04/9/2024 20:12

Another director buy has not harmed the share price , currently new one year high .Which in a slightly depressed AIM sector is not to be sniffed at.

[edmonda] 31/7/2024 07:39

Refocused strategy underpins rerating potential

Restore (AIM: RST) is the UK’s leading provider of records management, digitisation and secure recycling services.

The last twelve months have seen a management overhaul with the return of former CEO Charles Skinner, bringing a refreshed strategic focus to address a disappointing trading performance in 2023.

Restore is a high-quality business operating in markets characterised by high barriers to entry, recurring revenues, attractive margins and sticky customer relationships. Under a proven, driven and experienced management team, we see scope for consistent earnings growth over the medium term, which in-turn should see a rerating of the shares.

It is clear to us that the share price does not yet reflect confidence in earnings forecasts, or the upside potential of management’s medium-term targets.

We initiate coverage with a 400p Fair Value estimate which represents an FY25 P/E rating of 20x, in line with Restore’s historic average rating and peer group multiples.

[wad collector] 17/5/2024 17:13

Yesterdays unchanged TU has taken the share price to a year high. About time...

[pugugly] 14/3/2024 09:07

Personal marker at 215/220

[melody9999] 14/3/2024 08:12

Results as per TU - no surprises. Revenue at lower end - but net debt also at low end.

[melody9999] 19/2/2024 08:16

top sliced at 248p but added back today.

[market master] 08/2/2024 07:32

Should be a good day today here

[market master] 02/2/2024 10:33

Share price gaining traction with 6 out of 7 brokers saying BUY and with Berenburg saying price upgrade to 290 from 250

[melody9999] 25/1/2024 18:02

and with Charles Skinner simplifying operations and reducing cost.

[market master] 25/1/2024 10:20

Absolutely, and don't forget the £140m hmrc contract

[wad collector] 24/1/2024 21:04

Just noticed last week's In line TU.
Looks like the worst is behind the sp?

[eagle eye] 01/1/2024 12:42

Happy New Year to all shareholders.
Looks like 2024 should be a good year.
All very quiet here, just the way I like it.

[eagle eye] 18/12/2023 12:01

Director Buy this morning.
CFO doubles his stake from 25K to 50K.
Time to top up IMHO.

18 December 2023

Director/PDMR Shareholding

Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that it has been notified that on 15 December 2023 Dan Baker, Chief Financial Officer, purchased 25,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") at a price of 209.34 pence per share. Following this transaction Dan holds a beneficial interest in a total of 50,000 Ordinary Shares.

[hpcg] 26/9/2023 21:30

Breaking out of the recent consolidation. Reasonable director buying, reversion of strategy, defensive / growth with companies reducing office space. Looks good to me :)

[cwa1] 26/9/2023 16:41

Frothy of late

[cwa1] 06/9/2023 12:03

I would guess by the market reaction that, no, everyone has most definitely NOT missed the contract announcement!

[value viper] 06/9/2023 11:03

Has everyone missed the contract ??!!

[sammy aftal] 06/9/2023 07:44

Nice move recently
will that continue

[longshanks] 05/9/2023 11:44

Charles Skinner back ad CEO!!Can only be good news I feel. Not sure how holding a NE job at Marlowe squares with this though.

[scepticalinvestor] 15/8/2023 12:24

Tempted to take another punt on this in advance of the interims tmrw.Cld go either way but it is soooo low now

[scepticalinvestor] 11/8/2023 17:52

Its a combination of factors - ceo leaving not a good sign, will take time. V ripe for a TO approach or two methinks

[wad collector] 11/8/2023 17:39

We use Restore at work for our document disposal; you wouldn't guess the share price plunge based on our monthly bill!
I used to take them home every week and incinerate them, but that does not leave an audit trail in the new world....
Is this dropping ahead of the HY results? hope not...