Restore Share Discussion Threads

[commiesy] 24/5/2018 08:48

The correction seems overdone - this is a well run business and the TNT acquisition should drive revenue growth Long term. I am surprised...

[mfhmfh] 21/5/2018 11:48

From today's AGM statement all divisions traded satisfactorily or well apart from Restore Datashred where:

'...steps have been taken to improve margins in the second quarter.'

Overall:

'2018 trading has started satisfactorily across the Group and our expectations for the full year remain unchanged'

Liberium Capital today reiterate 660p target price.

[panic investor] 21/5/2018 11:30

You'd have thought it would be opposite in this day and age :-)

[melody9999] 21/5/2018 11:01

Can anyone report back from the AGM?

With the reported margin issue is shredding, does anyone know the % that shredding represents of the overall business?

[mfhmfh] 18/5/2018 09:55

last day to buy before AGM (and likely trading statement) on Monday 21st.

Liberium Capital have a 660p target price.

[gutterhead] 01/5/2018 20:11

looks an impressive outfit, I'm watching with a view to buy

[mfhmfh] 27/4/2018 14:20

Liberium Capital today give a buy rating with a 660p target price.

[mfhmfh] 10/4/2018 10:33

Canaccord Genuity Group Inc above 11%

[mfhmfh] 04/4/2018 09:47

recovery continues

[dell1234] 29/3/2018 13:17

Featured in Shares magazine today:

[mfhmfh] 29/3/2018 10:51

Old Mutual Plc above 7%

[mfhmfh] 29/3/2018 10:42

One of ICs tips of the week.

[mfhmfh] 28/3/2018 14:06

Another approx. £50,000 buy by PDMR

[mfhmfh] 26/3/2018 14:09

good to see chairman spending £51,000 of his own money in the placing.

[mfhmfh] 26/3/2018 08:39

great acquisition announced today.

some life in in this share at last following the constant fall from the start of this year.

All IMHO.

[mfhmfh] 14/3/2018 12:07

buy rating re-iterated in today's IC.

[mfhmfh] 13/3/2018 10:50

Solid results today IMHO.

Peel Hunt today reiterates 608p price target.

[alphabeta4] 01/3/2018 14:29

500p looks a good base IMHO - 17% off and has allowed it to take a breather. Still a quality company and should be due a decent acquisition shortly if the past is anything to go by.

[chesty1] 26/2/2018 11:04

Trending down

[jopper74] 30/1/2018 17:18

Nothing wrong with this trading update.......just following the general downward trend

[mfhmfh] 30/1/2018 08:28

'Our full year results will show further significant year-on-year growth in revenue, profits and earnings per share'

'significant' being the key word.

All IMHO.

[cwa1] 30/1/2018 07:43

30 January 2018

Restore plc

Year End Trading Update

Restore plc, the UK office services provider ("Restore" or "the Group"), confirms that trading for the year ended 31 December 2017 was in line with expectations.

Our Document Management division, whose core records management business accounts for the majority of Group profit, continued to perform well. Our Records Management business continued to trade strongly. Restore Datashred performed satisfactorily and completed five small shredding acquisitions during the year, all of which have now been fully integrated. Restore Scan continued to increase revenues and operating margins.

Our Relocation division, which primarily comprises the Harrow Green business, continued to achieve good year-on-year growth. Trading activity at Harrow Green was strong. IT Efficient, the Group's IT asset disposal business, was significantly expanded by the acquisition of The ITAD Works in February 2017, and the combined business traded ahead of expectations. ITP, our toner cartridge recycling business, showed some signs of improvement but its market remains difficult.

The Group's Full Year results will be released on 13 March 2018.

Charles Skinner, Chief Executive of Restore, commented:

"Our full year results will show further significant year-on-year growth in revenue, profits and earnings per share. This reflects the successful integration of PHS Data Solutions, acquired in August 2016, and a strong underlying performance by our businesses. We continue to have an excellent platform for further profitable growth with strong visibility of earnings."

[jopper74] 18/1/2018 13:57

Looks like its reacted to your question in a positive manner.....it would be good to see this climbing back to the elusive 600 mark.

[11_percent] 17/1/2018 16:43

What's happening guys......why the retrace.