Robert Walters Share Discussion Threads

[yewtrees] 13/12/2012 08:49

Michael Page's share price has been improving recently, waiting for RWA to do the same.

[imastu pidgitaswell] 12/10/2012 07:23

Well there you go - I did say I never make proper money out of this and it's up and away well before any sign of a trading recovery shows through in the numbers. Could be a false start, but we'll only know in hindsight.

Happy enough with the decision, it has been well used elsewhere, but it would have been nice to still be in.

[yewtrees] 08/10/2012 06:37

RWA results seemed to me to be much better than MPI results that came out today. Still happy with RWA.

[imastu pidgitaswell] 04/10/2012 07:31

Dull update, but seems to be well received. I got out last week on the little rise (now bigger) to reinvest elsewhere.

[imastu pidgitaswell] 24/9/2012 16:05

3m shares (4.3% of the 70m market shares) traded at 180 - listed as a buy, yet follows a 7-8% fall last week.

Murky old business, wait for the RNS...

[imastu pidgitaswell] 21/9/2012 15:32

No longer heading in the right direction. I think it's just marketmakers trying to create some life in it, and that's fine with me.

Funny how it's always down though.

Might add a few next week, but I'd rather hear the worst in terms of trading from them first.

[imastu pidgitaswell] 19/9/2012 08:21

But there's always a lot THAT sort of thing with this share. Two and a half shares traded over past few days and the price drops 5%.

There's just no market in it, despite that Aviva RNS. Could die of boredom here...

[yewtrees] 14/9/2012 13:35

It's heading in the right direction. I think when the share price starts to pick up it will regain some ground very quickly. I have been a holder for a long time and regard it as a well run company.

[imastu pidgitaswell] 14/9/2012 12:38

Yes, if MPI share price is real (and not just up with the market) then RWA should follow so there is time to get in. I have a few, but not a lot, as it just doesn't bloody move and ties up too much funds. Also I don't see it as terribly cheap.

Ah, someone has updated the header - that's nice...

[yewtrees] 14/9/2012 08:57

Micheal Page's share price seems to be recovering well.
Perhaps the recruitment sector is improving again.

[imastu pidgitaswell] 13/9/2012 14:20

Aviva holding above 3%. Pity, I'm not happy keeping the same commpany as them with their buy high sell low approach.

But I'm impressed with their ability to buy a significant volume without moving the bloody share price one iota...

[imastu pidgitaswell] 10/9/2012 15:23

Well let's just say (hello? anyone out there?) that it's taking a time to make up its my mind on what to do next.

It hasn't actually moved for over 2 months, the apparent changes in price within a 10p band basically being a function of whether the last reade was a buy or a sell, given the silly spread.

Truly a rubbish share. Not necessarily a rubbish investment (though as I hold a few, doubtless it will be), but a rubbish tradeable share. I blame the berk who set up the thread.

MPI showing a nice range...

[imastu pidgitaswell] 17/8/2012 12:45

I've been adding back the sales from a few weeks ago, mainly on the back of the MPI share price performance, th apparent floor at 180-odd and some other recruitment sniffs, suggesting we may be turning a corner. Could be very wrong, but I do know, over ten years and more, that this always takes off before any improvement manifests in the numbers.

[pbracken] 02/8/2012 06:26

Very weak results. Under 3p EPS at the half year renders RWA very expensive, the more so given that market conditions are set to get worse before they get better.

It would be a decent punt at 80p, which is where it got to last time the economy tanked.

[imastu pidgitaswell] 13/7/2012 10:21

Ouch.

For the current level of trading, per the trading statement, not very cheap, imho.

Barclays (and other banks to come) turmoil won't be helping...

[imastu pidgitaswell] 05/7/2012 08:09

I did run away again, for a few percent gain, and thankfully so. Not a pretty picture, especially news on Asia Pacific. Cash now very low, a high earnings multiple, no growth - not a lot to recommend it.

MPI also down (in sympathy?)

I did find this funny:

Three new offices opened during the period - Milton Keynes, Parramatta and Rio de Janeiro

Something a bit Del-boy about it...

[imastu pidgitaswell] 15/6/2012 09:50

Taken first dip in these for a long time - mainly on the back of MPI appearing to be bottoming out. Very poor liquidity though, not easy to buy or sell in any volume.

We'll see - the hard bit will be adding as it rises (if it does), as opposed my usual approach of throwing more at it is it falls...

[gswredland] 06/6/2012 16:29

Wouldn't mind some more below 150 but bit unlikely!

[imastu pidgitaswell] 06/6/2012 15:35

Nah, not really - it went too high on the swing up for me, 160-260 was too big a move given the economic position.

Time to wait for the drop to stop and not get tempted in too soon.

[yewtrees] 06/6/2012 15:23

Strange how RW share price is going down. Michael Page have declared a share repurchase programme.

[imastu pidgitaswell] 02/3/2012 08:43

I always miss out on this when it rises - always.

Watched it do its cyclical thing a number of times over the past 10 years - but every time it looks like the floor, I still think it is potentially overvalued - the share price precedes the trading results by a good 18 months. As it does on the way down.

Looking at the results just out, it says to me that RWA is overvalued, certainly in earnings, cashflow and risk terms. But it'll most probably carry on up and I'll watch it and scratch my head and regret it. And then I'll watch it fall and do the cycle all over again.

Really should have taken the plunge below 200, and was prepared to, just didn't have the fund thanks to TW.'s valuation at the time. Now that I do, well I've missed out on 50%,I think it's a bit overvalued and it's risky considering the wider economy, so I'm leaving it.

[abcd1234] 02/3/2012 08:16

From the Independent:

........................
recruiters were on the rise after Goldman Sachs' analysts raised their forecasts across the business services sector, citing their "more positive outlook". Hays pushed up 4.7p to 85.25p, while Michael Page was 24.1p better off at 477.7p, with the two also helped by a positive reaction to results from both Swiss rival Adecco and small-cap peer Robert Walters (up 9.75p to 239p).
..........................

[abcd1234] 01/3/2012 09:43

Good solid results today.. ;o)

[abcd1234] 24/2/2012 09:28

the 50 and 200 m.a's are about to cross ....very bullish if they do.
Especially if 225 is firmly cleared. :o))

[imastu pidgitaswell] 06/2/2012 13:58

Hmmm, wondering. Usual takes the 50 day and the 200 day to cross, with both heading up at the time, to make it push on up.

200 day is still (just) moving down. But much more of a rise and it won't be.

Painful experience tells me to await developments. But it also tells me that I'll miss the boat...

'twas ever thus...