Robert Walters Share Discussion Threads

[gswredland] 30/3/2023 13:26

Also have PAGE dave
Thanks for posting that

[disc0dave45] 30/3/2023 13:20

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 07:26

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 15:41

Their net cash has dropped quite a bit.

[gswredland] 29/3/2023 15:37

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

[chrisb1103] 29/3/2023 15:05

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 11:04

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 08:31

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 16:44

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 16:40

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...

[gswredland] 29/9/2022 13:06

Selfishly hoping for the share price in 300's again

[wisecat2] 29/9/2022 12:20

where is everybody

[deadly] 28/7/2022 21:49

Results show continuing good performance and no reason for the drop in the share price over the last year, apart from market sentiment.

[18bt] 28/7/2022 06:31

Making hay while the sun shines and keeping the balance sheet resilient for when it doesn't, whilst increasing the divi.

[hastings] 28/7/2022 06:21

Excellent record first half numbers and importantly the market remains strong.

[gswredland] 11/7/2022 12:17

Thanks Mello

[melloteam] 10/7/2022 21:55

Just to let shareholders and prospective investors know that RWA will be discussed by the BASH (Buy, Avoid, Sell, Hold) panel on MelloMonday on Monday 11th July at 5pm.

The programme for the evening is as follows:

5pm Welcome and Company presentation by Zoo Digital
5:45pm Michael Taylor: Is it better to be a trader than an investor in the current market?
6pm Company presentation by Manolete
6:40pm Mark Simpson: A portfolio of personality & style
7pm Company presentation by ECP
7:40pm Mello BLISS Competition Update
7:50pm Mello BASH

There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews as well as panel sessions.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

[deadly] 06/7/2022 18:10

but the market is so depressed that anything good is ignored.

[hastings] 06/7/2022 06:53

And very good too!

[tudes100] 05/7/2022 13:59

Tomorrow :)