Rps Share Discussion Threads

[norbert colon] 27/5/2021 18:59

Yep 100p was always a perceived short term ceiling. Won't take long to rerate further I'm sure.

[cassini] 27/5/2021 18:30

Will it get through 100p this time? The 'round number' effect is working against RPS at 100p.

[norbert colon] 13/5/2021 08:26

Hi FreddersNot much more than the markets they operate in are largely doing ok so there is work to be won. WSP released Q1 results last night with the headline that they'd made a strong start to the year. I've not dug into the details however. I'm expecting to see a nice gradual improvement in profitability over time.

[fredders7] 12/5/2021 18:05

What do you surmise from those snippets Norbert? to me its saying the sectors RPS are involved in are going strong but RPS are performing disappointingly in comparison. Saw this the other day, is great news as I think its a substantial framework in a part of the business that operates with much higher margins compared to the overall business margin. hxxps://www.rpsgroup.com/company/news/yorkshire-water-partnership-continues-as-rps-wins-two-new-amp7-contracts/

[norbert colon] 10/5/2021 22:37

Some useful snippets in here for RPS investors - https://investors.aecom.com/static-files/acabb8a3-2741-4d4c-8746-292fba283b62

[norbert colon] 20/4/2021 07:10

Some useful snippets in here for those interested in the sector:https://www.investegate.co.uk/arcadis-n.v./gnw/arcadis-trading-update-q1-2021/20210420060000H9329/"Net revenues in the UK increased organically due to strong growth in Infrastructure, Water and Environment, compensating for a decline in Buildings."

[norbert colon] 11/4/2021 12:46

Many thanks for your insights. Much appreciated.

[dr biotech] 11/4/2021 08:22

Finally managed to have a proper booze filled lockdown breaking catchup with my RPS friend. We’ve all had the jab and negative tests so thought why not. Just two households. Interesting that we both see the company from different angles.

So to be brief he said

He’s busier than ever. Reckons his area is ahead of forecast. He’s WFH which he thinks is more productive for the senior people (less interruptions) but it’s worse for the less experienced who need guidance. Thinks he may do a day a week in the office post pandemic. He’s impressed with the CEO. RPS has become a more integrated company taking a unified approach rather than being a collection of more disparate companies. Renewables and Oil and Gas seem to be booming/key markets.



I’ll continue to hold. It’s only a small holding for me, but also one of my best performing. I’d never take a big position in a friends company (exceptions being the likes of GSK where I have friends through work which is a bit different). that’s just a personal thing. Friendship worth more than personal investment

[dr biotech] 24/3/2021 09:04

Briefly caught up with my RPS friend last night. Said his office has been busier than its ever been in the 10 years he’s been there. Only a snapshot of course, but a positive one.

[eeza] 18/3/2021 13:16

LTIP = s/hlder robbery, imo.

[norbert colon] 18/3/2021 11:58

https://www.rystadenergy.com/newsevents/news/press-releases/renewables-spending-set-for-new-record-in-2021-luring-service-suppliers-as-oil-and-gas-gap-narrows/?utm_campaign=&utm_content=&utm_medium=&utm_source=twitter

[cassini] 16/3/2021 19:38

It's just come back to the support line, that's all. 100p was way ahead of where it should have been at that point.

[dr biotech] 16/3/2021 19:29

Lot of trades today too, about 3-4 times typical average of 60-70. Perhaps there will be a holding rns in due course.

[chrisb1103] 16/3/2021 19:17

Disappointing drop since the flirtation with 100p - maybe back to a rising trend line now?

[norbert colon] 15/3/2021 09:41

Yes it does namely that many of their renewables / offshore wind clients are their same O&G clients. Summary of 7 "bull case" items includes "Scope to benefit from improving oil price"

[dr biotech] 15/3/2021 09:04

Does the liberum note cite anything specific?

[norbert colon] 14/3/2021 12:25

https://www.ft.com/content/66fe5644-00dd-41db-8802-ea3278f29007Interesting piece and despite 17% of 2020 sales coming from renewables, a healthy O&G sector will always be a favourable tailwind for RPS

[norbert colon] 11/3/2021 11:40

New 40 page note out from Liberum today - TP upped to 110p

[cassini] 09/3/2021 23:59

I see the dividend was as high as 9.88p/share before COVID.

That would be a yield of over 10% even at today's price, let alone if holding these from a lower price.

Not that I suppose they'll reinstate that level of dividend for 2021. More like a reduced divi more in line with the current share price, maybe with a progressive increase policy going forward.

Given the share price for RPS was roughly 200-250p when it was paying out a 9.88p dividend (i.e. about 5%) I'll stick my neck out and predict a 2021 dividend of 4-5p.

[dr biotech] 09/3/2021 13:37

Results pretty much inline with recent statement. Outlook looks ok, no dividend. Think today is some profit taking after a decent run. I’m holding for a while longer. Unfortunately just a small position for me when I bought in, it’s my best performing share that I currently have.

[matlad] 04/3/2021 20:13

Rising nicely at last..

[18bt] 16/2/2021 16:43

Sharepad shows consensus as (2020/21/22):

Turnover 459.1 -25.1% 498.8 +8.6% 520.1 +4.3%
EBITDA 38.7 -36.1% 50.9 +31.3% 55.6 +9.4%
EBIT 20.6 -37.1% 30.2 +46.7% 35.9 +18.8%
Pre-tax profit 13.3 -50.3% 24.0 +80.7% 30.1 +25.0%
Post-tax profit 10.3 -63.1% 17.5 +70.1% 22.5 +28.8%
EPS (p) 4.2 -65.9% 6.4 +52.4% 8.0 +25.0%

[simon gordon] 16/2/2021 11:11

Norbert,

Thanks! Got it!

[norbert colon] 16/2/2021 10:12

Available on research tree Simon?