Rws Share Discussion Threads

[ygor705] 13/4/2024 08:45

I've been hearing from somebody who works in the industry that RWS has introduced a new AI product that he described as being "a potential game changer". Nevertheless, the AIM market in general seems to be getting a real kicking for structural reasons. Interesting times. Let's hope that RWS can buck the trend!

[alotto] 12/4/2024 13:09

Thanks Jeff, I appreciate your time to answer my question. With that view I would say the stock is at least 30% undervalued, solely based on current earnings.

[jeffian] 12/4/2024 10:54

I imagine because it has gone (temporarily one hopes!) ex-growth. For years it showed exceptional growth via a combination of underlying growth in existing businesses enhanced by a string of earnings-accretive acquisitions. Covid, of course, knocked it back but the 2023 results were depressed too, showing a loss as a result of impairment charges. However, as you say, the company has always been and remains highly cash-generative which enables it to continue its progressive dividend policy and I am hopeful that this will prove a temporary hiatus and we will return to the growth path soon.

At the macro level, there have been concerns about the business model being undermined by AI but RWS have always embraced new technology and the importance of the translation of specialist patent and technical papers suggest to me that few would be brave enough to rely solely on the bots without human intervention!

[alotto] 12/4/2024 09:54

Why has the share price dropped so dramatically?
I haven't followed RWS much but the company seems highly cash generative. What are the concerns?

[indiestu] 02/4/2024 17:04

Think I'll take a pop for a few k in the morning. That volume is absolutely telling us something.

[indiestu] 02/4/2024 17:01

Could be another US suitor coming in for the kill.

[ygor705] 02/4/2024 15:54

Huge volume of shares traded here today: we don't close for another 40 minutes and volume is already higher than anything seen over the last 3 years. Looks to me as if somebody has had a glimpse of the 31st March numbers.

[ygor705] 29/3/2024 09:43

Been looking at the 2023 accounts of RWS and the first thing that struck me is just how high tech this company has become. The document uses very techy wording that is sometimes hard to follow - a bit odd for a company that makes its money out of making data understandable to all! I was struck by the width of the operating base although 52% of its total revenues still emanate from the US. The increasing volume of international data being quoted as key driver of growth caught my eye as did the increase in admin costs. Reorganisation looks to be ongoing. We're still trending towards 150p and I'm asking myself how long before a dodgy Russian/Chinese oligarch fronts up something to make a takeover here. Without any kind of tech recognition it seems to me as if this company could soon turn into ARM 2.

[indiestu] 22/3/2024 15:40

Corpse is on life support following the completion of the buy back. UK business is booming, Brexit done. International trade is flourishing. Companies struggling to employ. No language students coming out of college nor need for them in the business place. AI comms gone ballistic. UK tech sector on its knees along with its IT infrastructure that needs modernisation. RWS likely to explode when people wake up. this is a steal!

[ygor705] 21/3/2024 08:39

The corpse has started to twitch! A few bigger trades about.

[ygor705] 20/3/2024 17:08

Last year's trading statement was on 25th April so between now and late April I am expecting a little more volatility in the share price than has been the case of late. As has been commented elsewhere, recent statements from the Company about trading have been a bit opaque but what has been said is not necessarily negative in my view. At these levels, I think I'd be more nervous out about being short than long.

[hatfullofsky] 20/3/2024 14:06

Massive volume

[hatfullofsky] 20/3/2024 14:06

Who's buying ?

[phillis] 20/3/2024 13:38

So who is selling?

[hatfullofsky] 19/3/2024 09:30

At 150p RWS would be valued at £600m which is crazy talk for a company generating £130m of Op Cash and already has £60m ARR. The depressed price is purely and simply about the potential impact of AI.If sales hold up and Evolve gains traction we'll re-rate very quickly

[ygor705] 19/3/2024 09:13

Bendpa.......I agree that the earnings trend for 23/24 is the critical issue here but we won't know the answer to that one until towards the end of April. That was why I posted are we heading for 150p? At 197p the shares are yielding 6.3% and I, personally, have never regarded RWS as an income stock. Yes there were chunky write offs of goodwill and intangibles last year but these were non-cash balance sheet adjustments. 2023 operational cash flow was down from £157m to c£130m but, even at arguably the wrong price, the buybacks have reduced the share capital by 5.2%. If trading has held up and the share price continues to drop for the next month or so there could be decent buying opportunity here imo.

[bend1pa] 18/3/2024 15:23

Well that recent share repurchase program did them no favours, having bought way above where the share price is now. The management team seem to be making some serious misjudgements. I would not believe their recent trading statement in February 'trading in line with expectations'. What does that even mean?

[ygor705] 14/3/2024 13:45

Seems to be a lot of selling going on on here with no buybacks to soak it up. Are we heading for 150?

[phillis] 22/2/2024 09:59

Was going to the AGM this morning but the weather put me off walking the wet streets
Anybody going?

Strange how this has transitioned to an attractive yield stock

[jeffian] 21/12/2023 23:05

I know it's Christmas but have we really been reduced to wrapping knuckles?

Regards,

P. Diddy
(A Rapper)

[jacks13] 21/12/2023 19:03

There's been something like 15 million shares bought back since mid-June; approximately 4% of shares in issue at that time. That will probably account for the apparent discrepancy.

[tday] 21/12/2023 18:35

RBC holding announcement today is muddled. Percentage stake increased from 20.25% to 21% but the number of shares held has apparently decreased. Someone will get their knuckles wrapped.

[wad collector] 18/12/2023 09:57

Rather negative article in IC , feels the downward pressures are not matched by prospects of recovery and a SELL . fwiw.

[phillis] 13/12/2023 14:45

Cyclical pressures
Nothing about new tech