Restore Share Discussion Threads

[doubleorquits] 25/7/2017 12:25

N+1 Singer:

"Restore’s H1 update confirms an in-line performance for the six months to 30th June. The half was notable for a first H1 contribution from last year’s PHS Data Solutions acquisition, which is a key driver of the significant earnings growth forecast for this year. The core records management business has traded robustly, managing the expected impact of previously flagged customer exits within acquired businesses. Most other business lines have traded well. We do not expect to make any changes to our headline forecasts, but lift our Target Price to 500p (from 470p), reflecting Restore’s growth trajectory and earnings quality. For now, this prompts the move from BUY to HOLD but we consider this a pause for breath and continue to view Restore as a compelling defensive growth story."

[11_percent] 25/7/2017 11:31

Agreed, and it just keeps going up.

[mfhmfh] 25/7/2017 11:29

solid trading update IMHO.

'Peel Hunt today reaffirms its buy investment rating on Restore PLC (LON:RST) and raised its price target to 528p (from 398p).'

[melody9999] 04/7/2017 00:08

been holding since Nov 15 so one of my longer investments. added 2x since then and no reason to sell.

[cwa1] 22/5/2017 08:28

After a fairly reassuring(IMHO) AGM update this morning, Peel Hunt have shoved out some twaddle in its aftermath.

According to their "reiteration" they have kept the target share price as 398p from 398p previously. And their recommendation? They have retained it as a "BUY".

So the actual share price is about 20p ABOVE their reiterated target price-and they retain a BUY recommendation?

And they get paid for this stuff.

(NB: DISCLAIMER I haven't actually read the note, only seen the bold outline figures, so possibly reading the note might make sense of it-but I can't really see how!)

[jimbowen30] 27/4/2017 08:54

Very encouraging movement in the share price. I bought in at 366p a few weeks back as view this as a good long term investment. I don't usually time my purchases so well!

[jopper74] 24/4/2017 17:05

Looking very positive for the leg up to 420 now.......patience is indeed a virtue.

[mfhmfh] 09/3/2017 16:47

positive write up today in IC

[jopper74] 09/3/2017 12:06

As warren buffet says........it's the boring companies that provide long term value!

[mfhmfh] 09/3/2017 10:53

no complaints from me

[jopper74] 09/3/2017 08:24

Good solid results.......happy days

[melody9999] 09/3/2017 08:19

looking good as expected

[mfhmfh] 07/3/2017 11:15

rising ahead of full year results announcement in 2/7 time.

[mfhmfh] 24/1/2017 10:21

happy with today's update:

'We are pleased by another year of good performance by the Group, with significant increases in revenue, profits and earnings per share.'

onwards and upwards from here i hope. IMHO.

[mfhmfh] 23/1/2017 14:16

Hopefully no nasty surprises tomorrow

[mfhmfh] 20/1/2017 00:55

may be a good top-up opportunity...often seems to drop like this before picking up again. IMHO.

trading update on 24th this month according to website.

[melody9999] 19/1/2017 18:25

Hmmm - judging by number of recent posts, perhaps everyone has sold out!

But seriously the current retrace is typical of the share and presents a top up opportunity. Watching closely.

[mfhmfh] 01/12/2016 16:24

blackrock above 10%

[jopper74] 28/11/2016 11:02

New high is always good to see.....

[melody9999] 12/9/2016 08:29

solid results again today and we must be on for new highs as soon very soon as the business goes from strength to strength and the full value of the acquisitions is realised. .

[mfhmfh] 12/9/2016 08:28

great results

[melody9999] 31/8/2016 12:42

added today. some large buys going through.