Robert Walters Share Discussion Threads

[tudes100] 06/4/2023 00:31

Trading update today (Thurs), given its making new 52w lows on small volumes I'm not seeing any indication of a turn any time soon. Ex holder, GLA

[essentialinvestor] 05/4/2023 15:03

Further share price falls, holding off on buying.

[essentialinvestor] 04/4/2023 12:05

If the tech sector begins to cut back many of the listed recruitment companies may need
to cut guidance.

[essentialinvestor] 31/3/2023 19:24

Is the recruitment cycle about to roll over?.

[disc0dave45] 31/3/2023 17:10

Think that's the reason for the share price action, same thing happening at TM17 following excellent results but CEO resigning.

[essentialinvestor] 31/3/2023 13:28

I thought RW would be there until he dropped.

[disc0dave45] 30/3/2023 14:45

You're welcome.

[essentialinvestor] 30/3/2023 14:39

Dave, appreciate the reply, thank you.

[disc0dave45] 30/3/2023 14:37

No problem, sorry nothing on Stocko from results in March.EI - reduction in cash looks primarily due to increased tax payment, the property investment and the share buyback (only had quick glance and not wishing to offend as not up to speed with RWA and no accountant!).

[gswredland] 30/3/2023 14:26

Also have PAGE dave
Thanks for posting that

[disc0dave45] 30/3/2023 14:20

EIA summary from Paul Scott (Stockopedia) following their Jan update."together with SThree (LON:STEM) this is one of my favourite staffing groups. It's modestly rated on a fwd PER of 9.5, lovely divi yield of 4.9%, and a bulletproof balance sheet.On the downside earnings forecasts are now starting to drop, so it's probably seen peak earnings for now. So 2023 could be a bumpy ride, but I don't see much risk to the divis, which are 2.4x covered. Fine for long-term holders I think, but more nervous short-term traders might be a bit nervous about the outlook as economies slow. So, as with lots of things, how you view it depends on your investing timeframe. It's a quality business though, and reasonably priced, so I like it still."I bought Page as a play on the possibility we won't enter a recession and inflated wages thus their income would remain elevated following the wage increases due to inflation.

[spot1034] 30/3/2023 08:26

With the CEO - the man whose name the company bears - about to retire, you have to wonder whether the likelihood of a takeover in the next couple of years might have increased.

[essentialinvestor] 29/3/2023 16:41

Their net cash has dropped quite a bit.

[gswredland] 29/3/2023 16:37

Would like to add at 450!
Let's see....

[chrisb1103] 29/3/2023 16:05

Hmmm getting cheaper than dirt then here at the mo?

[deadly] 13/3/2023 16:56

Back down to dirt cheap level today. Bought some more.

[gswredland] 10/3/2023 18:48

Yes the share price responded well today given the backdrop. Massive increase in last hour and a half

[deadly] 10/3/2023 17:08

Excellent results today again, but little interest here it seems. Still +13% in a gloomy market shows someone is buying.

[dansaunders25] 10/1/2023 10:59

Strange one to interpret today I guess. 'Record profits, but coming below expectations'. Markets seem more bothered with the below part. Is it an overreaction though?

[deadly] 10/1/2023 09:24

Good results today but as usual people sell.

[kalai1] 11/10/2022 12:04

Robert Walters issued a Q3 trading update reporting strong performance and net fee income up 18% this morning. Group gross profit was £112m up 22% in actual currency, with all segments posting growth. 84% of the Group’s net fee income now comes from overseas. 2 new offices were opened during the period and headcount was up 5% to 4,267. The balance sheet remains strong with net cash at £93.5m at 30 September 2022. Valuation is also attractive with forward PE ratio at 8.3x, PS at 0.36x. Share price looks to have put a floor in through H2, but still lacks positive momentum for now. The macro environment remains the main cloud for the investment outlook. Other than that, RWA is a solid, profitable and attractively valued recruitment consultancy. Dividend yield at 4.7% is also pretty decent. Monitor for now, but will be well worth owning at some point in the next year or so...

...from WealthOracle

hxxps://wealthoracle.co.uk/detailed-result-full/RWA/573

[hastings] 30/9/2022 09:31

Whilst RWA is a global business it is worth noting the news last week of the reversal of IR35 which may well prove beneficial to the business's contract and interim offerings, as companies will be able to recruit on a temporary basis with more flexibility come April of next year.

[essentialinvestor] 29/9/2022 17:44

I was tempted and had a look this afternoon, we bounced hard from these levels
previously, but atm about everything getting cheaper. Quality longer term holding
if you can ignore the noise. Bought a small amount of Page.

[imastu pidgitaswell] 29/9/2022 17:40

Watching with some interest - their business will be doing just fine, especially the temp side, as many businesses recruit on a short term basis.

Short term hiring is far more lucrative for the likes of RWA than longer term permanent stuff. Cash rich and trading well - but no point standing in front of a freight train - for the moment...