Rws Share Discussion Threads

[phillis] 08/12/2017 12:11

3rd Eye

no worse for the repetition
:-)

[alter ego] 08/12/2017 09:48

thanks for that Phillis. Got to agree RWS isn't cheap, fun fact it's quite expensive but you cannot argue with the track record. Having topped up recently at 424, I'm happy to let AB and his team do what they do well.

[alphabeta4] 06/12/2017 09:41

According to Morningstar looks about a 1% beat.

On a different note they make a number of hints as to how much of their profits will be US going forward. Both Luz & Moravia are heavily US based - I've worked out if they were purely US for 2018 just under half of profits are US based, so on a corp tax reduction to 20% that's up to 7.5% of extra profit which hasn't been factored into analyst forecasts from what I can see.

[r ball] 06/12/2017 07:48

Difficult to assess short term impact on share price how much was priced in?

[broadwood] 06/12/2017 07:30

Got to be happy with these results.


"RWS has delivered outstanding results, establishing new records for revenues, profits and the proposed dividend.

"We are particularly encouraged by the performance of LUZ post acquisition and its successful integration with CTi to form RWS Life Sciences, our market leading life science translations and linguistic validation division.

"The post year-end acquisition of Moravia is transformational for RWS, significantly strengthening the Group's global presence and firmly establishing the Group as one of the world's leading language services providers.

We look forward to working with the Moravia team as it builds upon its strong industry reputation and growth track record. We are confident that we can build on our considerably broader global platform by developing the opportunities afforded by our extended geographical reach and expanded range of language services and technology offerings."

[orange1] 01/12/2017 13:56

The most recent company announcement reveals all:

[alter ego] 01/12/2017 13:28

The IC say RWS finals will be on 6 Dec. Can't find a date on company web site but the date is the same as last year.

[mw8156] 22/11/2017 22:13

can't see any progress til the size of the welfare state is tackled, housing benefit, much of it fraudulently claimed, is cut back and fraud and overmanning in the nhs is dealt with and the left wing teachers are faced up.
suspect it was the Liberals in the coalition who insisted on the initial pension Lta changes.

[jeffian] 22/11/2017 17:54

Well it's not a very 'Tory' regime! You wouldn't have thought cuts in pension relief, 'stealth' taxes on dividends dressed up as 'cuts' or attacks on B-2-L landlords were very 'Tory' either, but Boy George brought them all in. I fear it's only a matter of time before they see how much is piled up in ISA's and 'review' the rules there too!

[mw8156] 22/11/2017 17:11

re IHT
it wouldn't be a very 'Tory' thing to change the rules and would cause all sorts of distress in the many family controlled firms on AIM and Nex exchanges.

[orange1] 22/11/2017 16:51

He announced a lower VAT rate for translations carried out for the under 30s.

[phillis] 22/11/2017 15:00

presumably

[alter ego] 22/11/2017 14:53

Interesting to see RWS share price climb once the Chancellor sat down. Was it the relief he didn't alter the IHT exemption rules?

[steptoes yard] 03/11/2017 11:21

Acq completed

[steptoes yard] 31/10/2017 08:52

Thank you for that Robin. I found his comments very instructive. He clearly has some cash generative "business perspective" investments in that fund.

[robinnicolson] 29/10/2017 08:50

Keith Ashworth-Lord of the Sanford Deland Buffettology fund was the guest on 'The Investing Show'. He briefly discusses RWS (c.10 minutes in):

[commiesy] 27/10/2017 09:58

Thanks for clarifying - very helpful.

[alphabeta4] 26/10/2017 15:02

Quite. Looking at the RNS it clearly says it's not due to an acquisition or disposal of voting rights but purely due to the placing:

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


N/a

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


N/a

An event changing the breakdown of voting rights


N/a

Other (please specify):


Private placing has occurred

[ragehammer] 26/10/2017 14:17

The RNS is for RBC Trustees (Guernsey) Limited. This must be part of Andrew Brode's personal holding which was around 39% in total and will now have reduced due to the dilution of the Placing, in which he presumably did not participate.

[commiesy] 26/10/2017 12:38

So RBC had a 30% stake and they have reduce - the question now is by how much they will reduce by...

[douglas fir] 26/10/2017 10:59

[...]
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi





1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii


RWS Holdings plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights


N/a

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


N/a

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


N/a

An event changing the breakdown of voting rights


N/a

Other (please specify):


Private placing has occurred


X

3. Full name of person(s) subject to the
notification obligation: iii


Royal Bank of Canada

4. Full name of shareholder(s)
(if different from 3.):iv


RBC Trustees (Guernsey) Limited

5. Date of the transaction and date on
which the threshold is crossed or
reached: v


20 October 2017

6. Date on which issuer notified:


25 October 2017

7. Threshold(s) that is/are crossed or
reached: vi, vii


30%





8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE


Situation previous
to the triggering
transaction


Resulting situation after the triggering transaction

Number
of
Shares


Number
of
Voting
Rights


Number
of shares


Number of voting
rights


% of voting rights x

Direct


Direct xi


Indirect xii


Direct


Indirect



ISIN

GB00BVFCZV34


78,659,060


78,659,060


78,659,060





78,659,060





28.82%