Rs Share Discussion Threads

[philanderer] 05/10/2023 13:58

RS Group to sponsor ‘Tech for Good’ category at ‘everywoman in Technology Awards’ 2024


[...]

[philanderer] 02/10/2023 15:57

European markets, the FTSE 100 and US markets were down on Monday in London, after warnings by the World Bank of stagnating growth and worsening debt in Asia.

[essentialinvestor] 27/9/2023 12:18

Yup, tempted to buy a few but my last time here cost me 7% plus in a short time.

Big de-rating since, new CEO - the bears say ..Amazon will increasingly encroach
on their business model, is this valid..


There was a bearish case on Bunzal a few years back saying something similar which
has not come to pass.

[philanderer] 27/9/2023 09:25

We’ll see in the next few days if it was just a pump and dump

[sevenccc] 26/9/2023 17:39

Pick your exit price?
Somewhere between £9 and £10?

[tonysss13] 26/9/2023 15:39

Betaville takeover rumour

[charlotte2020] 26/9/2023 14:51

Double normal turnover

[chelsea01] 26/9/2023 14:42

https://businessnewsthisweek.com/business/rs-announces-significant-expansion-of-rs-pro-product-range-for-industrial-automation-applications/amp/

[philanderer] 15/9/2023 10:04

HSBC cuts RS Group price target to 865 (975) pence - 'buy'

[philanderer] 13/9/2023 17:28

FORT WORTH, Texas, Sept. 13, 2023 /PRNewswire/

-- RS, a trading brand of RS Group plc (LSE: RS1), a global provider of industrial product and service solutions, is stocking the revolutionary new DiaForce 120mm diagonal compact fans from ebm-papst.

The new DiaForce fans feature an innovative design that combines the high airflow volume of an axial fan with the high static pressure capabilities of a centrifugal fan.

This inventive combination delivers the high performance of counter-rotating axial fans with less noise and significant power efficiency improvements to satisfy the challenging cooling demands of evolving digital connectivity applications.

[philanderer] 30/8/2023 20:05

Marks & Spencer Makes a Return to the FTSE 100 as Hiscox Loses Out in Reshuffle

Insurer’s 7-month stint in gauge is over, RS Group avoids drop>

M&S to return to FTSE 100, joined by Hikma, Dechra and Diploma


Bloomberg

[keyno] 27/8/2023 12:35

So the CEO acts as an insider scout for his PE mates? Appointed here this year I believe so we have a couple of years to wait before some action. Maybe!

[philanderer] 25/8/2023 19:48

RS Supports Modular Material Handling and Packaging Applications With Extensive IO-Link Portfolio

[philanderer] 21/8/2023 11:13

CEO buying £100k worth last friday.

[philanderer] 19/8/2023 00:42

RS rattled by UBS downgrade, bigger profit 'unwind' forecast


RS Group PLC (LSE:RS1) shares fell sharply on Friday after investment bank UBS slashed forecasts, cuts its price target and downgraded the stock to 'neutral' from 'buy'.

“With recent data suggesting weakening markets and reversing share gains, we now expect a bigger profit 'unwind' for RS Group,” the Swiss bank said.

The broker foresees a period of sustained negative organic growth and margin pressure ahead and has cut estimates “significantly”, placing it around 14-19% below consensus.

While much of the risk is now reflected in the share price, which is 35% lower than mid-2022 highs, UBS sees limited re-rating potential for now given the negative earnings outlook.

The bank set a new price target of 800p, down from 1,250p, still well above the current share price, which fell 3.8% to 694.60p in London on Friday.

Earnings per share forecasts have been slashed by 13-22% for the next three financial years, driven by lowered organic growth and gross margin forecasts.


proactiveinvestors.co.uk

[philanderer] 18/8/2023 12:11

Keyno, many thanks for that , much appreciated.

Defnitely a hold for me at the moment. Could well be ejected from the FTSE100 at the next reshuffle I suppose.

[keyno] 18/8/2023 11:16

Source was Times last year.

"In the FTSE 100, RS Group ended the best performer, up 5.0% at 1,142.38 pence, after the Times reported at the weekend that the electrical parts maker could be the subject of a takeover bid.

The Times reported that there has been ‘chat’ that there may be a £15-a-share bid imminently. This would be a significant premium to the present price and above the £12.35 high the company, formerly known as Electrocomponents, hit last November before worries about recession surfaced.

However, the report did not name any potential suitor." Aug 15 '22

From AJ Bell but also mention in LSE, Shares Mag etc around that time.

I've only been here since July and trying to decide whether to top up or wait and then top up......

[philanderer] 18/8/2023 10:23

apollo ,I've been in this share for longer than I can remember and never seen a takeover story. Could you give me a link to any of these takeover stories , thanks.

[apollocreed1] 18/8/2023 10:18

Ah I see this news:

UBS cuts RS Group to 'neutral' (buy) - price target 800 (1,250) pence

Complete nonsense from UBS. RS's buy case is due to it being a takeover target.