Restore Share Discussion Threads

[anley] 22/7/2016 10:40

Blackrock now over 11%.............and not much stock in the market on the offer side.

[anley] 21/7/2016 10:46

You need to pay RESEARCH TREE to get in to their site and they have a habit of posting a notification so go ahead and see what I mean.

For now the market likes the deal and what it can do and I notice that the TIMES today has market it as a BUY.....

[kingcashbilly] 20/7/2016 11:20

Broker note from Singers

Restore has announced the acquisition of PHS Data Solutions for a total consideration of £83.1m financed by a £35.2m placing and existing debt facilities. This is a significant acquisition, which is strategically important, catapulting Restore to number 2 in the UK shredding market. It will also be significantly earnings enhancing. We will work the numbers through in due course, but expect FY17 PBT to increase from £22m to c.£29m with the EPS upgrade (post dilution from the placing) firmly in the teens. Elsewhere, a trading update confirms the remainder of the Group is on track to meet expectations at the half year stage.

[kingcashbilly] 20/7/2016 11:20

nice bounce, hopefully it'll keep pushing up

[mfhmfh] 20/7/2016 09:10

finally a substantial bounce. looking for this to get back up to 350p level.

acquisition aside, generally very positive trading update apart from the ITP Group division.

[11_percent] 20/7/2016 08:03

TBF,

Well, you got that right.

[the big fella] 20/7/2016 07:00

That is why the price has been held at this level. It looks a good deal on the face of it - earnings enhancing from the go. These should head back up to recent highs following this

[mfhmfh] 11/7/2016 09:37

Still hasn't bounced after brexit...I've been buying more of these.

[melody9999] 06/7/2016 20:57

could not agree more jopper. I topsliced with a view to buying back lower down .... RST have longer term contracts completely unaffected by this short term uncertainty.

[jopper74] 05/7/2016 19:17

This drop now looks well over done.......surely a brexit means loads more paperwork and document creation for businesses, which in turn means more business for RST.......this share should be flying high...lol

[jopper74] 27/6/2016 14:22

Me too.....fundamentals are as good as ever

[11_percent] 27/6/2016 13:03

284.........seriously?
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279 now.

When this steadies, I am going to buy more.

[jopper74] 27/6/2016 10:24

284.........seriously?

[11_percent] 21/6/2016 11:16

Rogers,

Ok, will have a look.

[rogers8] 21/6/2016 11:02

I first bought at 35p, stupidly sold at 51p then bought back at 78p. This is my 2nd largest holding. I work in the facilities sector. Restore has great connections and a good reputation.

Check out PTSG. Record sales reported yesterday. Management team hold circa 50% of the shares. Recently floated. Niche player with high margins and an expanding business. I did meet one of the directors 12 months ago who explained that they had 17,000 customers taking single services. The strategy is to add further services via acquisition then cross sell. Management team grew a previous £3m turnover FM company and sold it to Interserve for hundreds of millions.

[rogers8] 21/6/2016 11:02

I first bought at 35p, stupidly sold at 51p then bought back at 78p. This is my 2nd largest holding. I work in the facilities sector. Restore has great connections and a good reputation.

Check out PTSG. Record sales reported yesterday. Management team hold circa 50% of the shares. Recently floated. Niche player with high margins and an expanding business. I did meet one of the directors 12 months ago who explained that they had 17,000 customers taking single services. The strategy is to add further services via acquisition then cross sell. Management team grew a previous £3m turnover FM company and sold it to Interserve for hundreds of millions.

[11_percent] 21/6/2016 10:35

Rogers,
You said.
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Rogers8  31 May'16 - 16:06 - 921 of 924    0   0

Skinner has a track record of consolidating a sector (Brandon Tool Hire) then selling to a multinational circa 5 years from joining a company. Could there be a move to sell Restore? Any thoughts?

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Could not agree more and this is the only reason this share is one of my largest holdings.

I have friends in the document storage business, C21 and Recall.

Skinner is a front for mates in the City. When I say this, I amm not slanting him off, as he does a good job.
Charlie and City mates own a lot of the shares, and plan on the share price going up.

Where these guys, and this company scores is, there is no problem getting money. A lot of companies like C21 have to go to their bank and beg for money to expand, and often get rejected.

I will say this again, RST does not have a problem getting money which means they do not have a problem with acquisitions and expanding.

Don't know about 5 years, or the " multinational" angle.

I have been told, by someone who heard Skinner say, in the presence of one of his mates, that they will sell at £5.

Hey, this is fine by me.

PS. I guess you are right, it would probably be a multinational.
Possibly Iron Mmountain, although their take over of Recall is causing some monopoly concerns.

Anyway, £5 is a few years off.
Just keep buying the dips.

[11_percent] 21/6/2016 09:58

All the other sites showing 316p.

Must be Google glitch.

[11_percent] 21/6/2016 09:51

I am looking at Google.

Head line shows 316p.

But graph shows drop to 220p.

[mfhmfh] 21/6/2016 09:31

google finance has the price down 30.57% (96p) at 218p. Have I missed something?

[rogers8] 31/5/2016 15:06

Skinner has a track record of consolidating a sector (Brandon Tool Hire) then selling to a multinational circa 5 years from joining a company. Could there be a move to sell Restore? Any thoughts?

[11_percent] 31/5/2016 14:44

Don't know, this came out, but hardly merits the rise.