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Share Name Share Symbol Market Type Share ISIN Share Description
Ricardo LSE:RCDO London Ordinary Share GB0007370074 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.00p +0.34% 593.00p 590.00p 596.00p 608.00p 588.00p 588.00p 729,753 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 380.0 28.5 35.2 16.8 316.70

Ricardo Share Discussion Threads

Showing 601 to 622 of 625 messages
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Now we know.... 50.000sale caused the big drop.
I am calling the bottom- Fernando. Thats a nice name
Relentless fall on zero volume. What an odd situation.
Many thanks for that resume of the current situation.
Downgraded expectations I think. I have no doubt it was these comments from the July trading update that did the damage: "Despite the good order intake overall, and the increased revenue, we expect underlying profit before tax for the year ended 30 June 2018 to be towards the lower end of the range of analyst forecasts.1 This is mainly due to reduced performance within our EMEA Automotive business following the low level of UK orders in the second half of the year together with some difficult projects which were delivered in the year. Actions have been taken to improve project delivery in the future and in June we saw orders for the EMEA business overall recover to a good level. In addition, our Energy and Environment business recruited in anticipation of a higher level of growth in orders than the level of growth actually achieved." If you have a Stockopedia subscription, you can see the consequences in the RCDO 'Broker Consensus Trend' graph. Should these issues turn out to indeed be temporary, then I'd expect to see the price-action turn more positive again. Here's hoping...
I've been looking at these. What has changed since they were 1100p. Is the issue to do with currency or downgraded expectations.?
getting close to my buying price...
Death by a 1000 cuts. Very unloved this.
I have ISA held these for 6 years Wish I had traded some as good gains to be had on top of a core holding If it follows the longterm chart trend, then it's a BUY at 730p the SELL at 1150 OK I'll set a buy target and see if I can put my money where my mouth is I'm a happy holder in my ISA for the longer term still
As I said. too easy.
Any report that says, BUT, with profits at the lower end, will often be the trigger for an easy short attack. We shall see.
Solid numbers overall with good growth in revenues. UK lower but the company shows the benefit of a well diversified business.
Ricardo in the news: Ricardo developed a new 48V e-motor offering up to a 50% increase in power density compared with current production machines 17 July 2018 GreenCarCongress As part of its contribution to a recently completed major European research initiative to achieve more efficient and cost-effective hybrid powertrains for both passenger cars and commercial vehicles, Ricardo developed a new 48V e-motor offering up to a 50% increase in power density compared with current production machines. Ricardo designed the new 48V e-motor and accompanying inverter to incorporate the latest thinking in high-performance, low-cost electrification, which aims to extend the performance of 48V hybrids to offer a more attractive and affordable solution in comparison with today’s higher-voltage hybrid cars. Ecochamps-motor-and-inverter_730 The design and testing of this new Ricardo 48V e-motor and inverter was carried out as a part of the company’s contribution to the European COmpetitiveness in Commercial Hybrid and AutoMotive PowertrainS (ECOCHAMPS) project. Ricardo was one of 25 collaborating EU commercial and academic partners on this project, the focus of which was to achieve both a 20% powertrain efficiency improvement and a 20% reduction in weight and in volume in comparison with baseline the best-in-class full hybrid vehicles on the market at the start of the project. In doing so, the aim was for a cost premium of no more than 10% over equivalent conventional products-considerably less than the additional cost of current hybrid architectures. The ECOCHAMPS project-which was recently completed-focused on the hybridization requirements of a range of vehicles from ‘C’ and ‘B’ class passenger cars, to light delivery trucks, city buses, and long haul heavy-duty trucks. The project delivered five demonstrator vehicles-one for each of these categories-in order to demonstrate and validate the full benefits approach taken in creating low-cost hybrid powertrains. The demonstrators are: Class B Demonstrator: Fiat 500X Class C Demonstrator: Renault Megane Medium-Duty Demonstrator: IVECO Daily PHEV City Bus Demonstrator: MAN Heavy Tractor Demonstrator: DAF XF In addition to broadly achieving the targets set for all five vehicle classes, the ECOCHAMPS vehicles demonstrated their constituent technologies up to a Technology Readiness Level of 7. Testing as part of the ECOCHAMPS project was carried out at Ricardo facilities in Cambridge and Shoreham-by-Sea on three prototype units built for the project by Ricardo. Results of this work are expected to be published and presented at the IEEE ECCE at Portland, Oregon in September 2018. This marks the start of a series of presentations being made on the results of the ECOCHAMPS project in China, Japan, USA, EU, India and the UK.
Ricardo to manufacture electric vehicle batteries Posted on 22 Jan 2018 by Marc Hauschild The completion of a EV sports car battery manufacturing concept programme is a milestone in Ricardo's aim to become niche battery manufacturer for high performance hybrids and EVs. Much of the company’s work is still engine-related, but it has diversified into technical and environmental consultancy, software development and niche manufacturing – image courtesy of Ricardo. The completion of a electric vehicle batteries programme is a milestone in the company’s aim to become a niche battery manufacturer – image courtesy of Ricardo. The work of Ricardo’s ‘Performance Products’ division in high performance automotive battery systems builds upon its longstanding reputation for advanced manufacturing and assembly skills and processes. The project is developed through the company’s activities in the production of engines, transmissions and driveline systems. In the first phase of the project recently completed, Ricardo’s manufacturing specialists worked in partnership with the company’s hybrid and electric systems engineering group. The groups were developing an assembly and manufacturing process for an innovative battery pack based on the exacting requirements of the vehicle OEM. Capability of delivering fully assembled batteries In addition, a global supply chain has been established that will ultimately be capable of delivering fully assembled and tested battery systems in annual production quantities ranging from hundreds up to multiple thousands. Ricardo performance products managing director Mark Barge said: “Ricardo has an already well-established capability in the design and engineering of electric and hybrid vehicle battery packs and management systems. “As such, it makes complete sense for us to provide a turn-key service – including battery pack manufacture – for performance electric vehicles, in the same way that we manufacture high performance engines, transmissions and drivelines for premium and motorsport applications powered by combustion engines. “Ricardo has a proven capability in the establishment of complex and high-quality supply chains for high-value, small to medium volume high performance products. “The project just completed is a further demonstration of Ricardo’s aim to become both the engineering and manufacturing partner of choice for the niche battery systems of high performance EVs and hybrids.”
la forge
Tipped in the Times today!
toby tots
Brave and wise, it seems...
Just bought a few at 705p. Always thought this was a high quality company but until recently I didn't like the price. Results 14th Sept.
To be on a government grant (State Aid) making panel means that Ricardo functions as a Public Authority, this means that it is potentially legally liable under the Human Rights Act 1998 for any decisions that may infringe citizens convention rights, this is a very high risk game. It seems Ricardo's "niche" market is putting client in better financial position through government aid, if this is what this company thrives on then it is a matter of time before it all comes crashing down because the business model seems to be based on politics rather than trade?
"Our mission at Ricardo is a simple one: to play a major part in solving the world's big issues around transportation, pollution, climate change and the efficient use of scarce resources such as oil and water." Really? Do any of the retail investors understand this companies business model? Their main source of income seems to be "Consulting" Division. I am trying to understand this company but unless "Consulting" means pulling chains for clients, I don't get it. Do you? I understand that they sit on grant making panels, they vote to give grants to companies so do they get hired to influence the vote in favor of their clients? And if so, is this the business model? If it is, then it seems it could be an illegal business model. Your views please.
I like the time gap! This is a high quality company. I've looked at it several times with a view to buying but have not yet done so. would certainly buy on weakness.
Now I don't, Meijiman. Directors selling suggests they think it is toppy.... DL
It's always been quiet - given the picture over the last year or so, it's not that surprising, but what's woken it up again I'm not sure. A bit of news of course, but nothing I wouldn't have thought to cause this sort of rise. Not a holder myself, just follow it from general interest in the sector.
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