Ricardo Share Discussion Threads

[norbert colon] 24/1/2024 11:14

Hi Jon - agreed although the issue is partially one of identity. Who are RCDO - are they a Consultant or Defence Contractor or an Automotive supplier etc? The current strategy is to reshape the biz but it's been held up by various factors. A pure play Consultant would be worth twice the current mcap with known larger overseas peers (WSP, Stantec, TetraTech etc) being the likely acquirers. Hoping to see some clear movement on the identity this year.

[1968jon] 24/1/2024 10:15

I despair a little. I bought another chunk yesterday, having most recently paid £5.12 in October. I first started buying it six years ago (I own a lot and haven't sold any) and have "known" the company for decades. On every conceivable metric it is the "wrong" price. Leaving aside previous performance, Covid and rising interest rates, it seems to me it is emblematic of the problems in public markets in the UK (and Europe to an extent). There is an easy argument to be made that any company sub-£5bn in mkt cap is better off in private hands. Analyst coverage for RCDO is a waste of time and liquidity is comical. I look at the EV/EBITDA multiple of 6 for this year, combined with manageable debt and cannot believe a PE house is not looking at it?

[norbert colon] 23/1/2024 21:07

Thanks for the confirmation.

[tenapen] 23/1/2024 17:58

1st Feb

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Today i got a fact full email News letter from Ricardo. If your not signed up ! It would be worth doing.

Also after a drought of website updates the last couple of weeks have been busy.

[norbert colon] 23/1/2024 17:06

Trading update any day now based on prior years.

[tenapen] 16/1/2024 15:46

Website updated & more Hydrogen related.

[tenapen] 11/1/2024 12:16

Website updated,

[tenapen] 05/1/2024 06:50

It needs to break the 500p ceiling. Until then.the share price is trapped.

[tenapen] 05/1/2024 06:46

That is great news dex,

More generally, do you think it's a good idea to move away from petrol and diesel cars in built up areas ?. Breathing in the many fumes isn't good for your health! In the same way I'm not allowed to smoke in my own house, as I understand the smoke is bad for others.
Anyway back to the news and it's saying the Midlands is flooded. Just rain Eh !

[dexdringle] 04/1/2024 17:00

FFS THERE IS NO CLIMATE EMERGENCY

[tenapen] 04/1/2024 16:26

Website updated



Ayudando a las autoridades locales a dar una respuesta eficaz a la emergencia climática
04 JAN 2024

Helping local authorities provide an effective response to the climate emergency
04 JAN 2024

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Your details required before opening.

[indiestu] 28/12/2023 16:07

Are you still in Ten? It was a disappointing second half to the year regarding share price but the underlying business environment appears better than some of the commentary would lead us to believe.

[tenapen] 20/12/2023 09:04

Website Updated,



Also

[tenapen] 14/12/2023 14:03

Ricardo - Newsletter



Celebrating 50 years of supporting the chemical industry as part of Ricardo

Cont...

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And one of the many links within the above link ... Hydrogen



Also

[skinny] 13/12/2023 14:31

Link posted on the ITM thread :-

[tenapen] 07/12/2023 19:11

Thanks Indiestu.


We know Ricardo have fingers in many pies, including this fish pie - big Pun intended - hahaha



Regards


Thanks 'Skinny' for the below post / information

[indiestu] 04/12/2023 06:16

I was speaking to a property developer. Apparently there is insufficient power in the grid to supply all the charge points in new builds following the Part S Building Regulation changes. Massive investment is required in this sector. Ricardo are at the cutting edge. 750 next target. No need to worry. Only patience required.

[tenapen] 23/10/2023 15:10

Website updated.

[tenapen] 16/10/2023 17:07

I disagree

You could check the date of the of the RCDO chart Top and it will be close to the Tories winning the Uxbridge by-election - in mid july. The following Tory U-turns on green policies has destroyed not only Ricardo's share price but most if not all of the uks listed clean tech sector.

[fevertreeman] 16/10/2023 10:45

Quite a lot of small-scale exec sales in the last two weeks,which doesnt help. I missed out on the rise to 600p and am looking at this afresh. I think the share price may possibly be reacting to reports of opposition to and cost of govt green agendas across the West. Seems to me the green lobby has overreached itself

[tenapen] 11/10/2023 08:37

Thanks Skinny, very interesting.

[tenapen] 24/9/2023 18:01

News but not RNS'd !



+

[arthur_lame_stocks] 11/9/2023 12:11

I would have thought that would've been RNS'd?