Rws Share Discussion Threads

[togglebrush] 19/10/2021 10:59

Due NEWS on Past Performance ??
'
20 October 2020 Trade Update
04 November 2020 RWS 7 SDL merged
10 December 2020 Full Year results

[phillis] 13/9/2021 09:08

on a gentle rise

[alter ego] 07/9/2021 16:32

yes, a big change in sentiment in the space of a few weeks

[tarrant77] 07/9/2021 16:19

Share price movement continues to be most encouraging.

[ygor705] 20/8/2021 07:29

New CEO has bought more shares. I always like Directors Who have skin in the game. Encouraging!

[sphere25] 18/8/2021 10:56

Big buyer still working in the market.

Blocks of 67k, 33k and a 267k mopped up at 616.5p. Then a 182k picked up at 620p today. Yesterday, a seemingly little (they are rarely little though) iceberg order on the bid at 613.5p from 16:08 gobbled up a fair few sells, culminating in three blocks of 23,027 being bought up - similar theme of late.

Price has cleared the psychological 600p and shot higher to 620p now. You certainly don't see the same amount of selling at 605p, 610p or 615p - nowhere near most of the time.

No idea where this trend/spike moves to, hardly ever catch the tops...lob in bits as usual and then maybe re-visit this one in future.

It has that type of chart that will always lure the traders in. The market is very indecisive here, the gyrations tell you that. If the wider market was volatile, you could understand these moves, but it hasn't been for a while...as in properly volatile, not these little 3-5% moves.

A few nice one's about to offset the few duff one's that have gone through stops.

Onwards

All imo
DYOR

[sphere25] 16/8/2021 08:03

Yes ALL IN MY OPINION.
Could easily be wrong.
ALWAYS DO YOUR OWN RESEARCH.
Trading short term? Use stops, love to take small losses.


Attempt number three coming up at 600p. If it gets through, it is clearly bullish and maintains the gradual uptrend, but if it keeps failing this psychological mark, the trend could reverse from here too.

That is the type of moves RWS is capable of. There has been at least one large buyer in the market here but still raise my stop just under 590p now.

All imo
DYOR

[phillis] 13/8/2021 09:16

Yes all "IMO"

[sphere25] 12/8/2021 13:00

Plop!

Price tanked 10p in no time. Looks like the plan has gone out the window!

And this move here shows the power of psychological marks.

They carry no meaning and yet they carry meaning. The market sold into the icebergs at 600p on the bid and cleared them out...BECAUSE IT WAS 600p, and then when the market saw those had been cleared, it had a mini fit and tanked down to the current price of 590p.

Those marks will continue to be a bug bear! Ha

All imo
DYOR

[johnrxx99] 12/8/2021 05:38

I'm sure the new guy has done the rounds. Institutions seem to be impressed.

[sphere25] 11/8/2021 13:45

Significant break higher and price move here.

It looks like the market has bought that director buy as being a bullish hint. The price here was doing nothing for ages - watched it for a while. Psychological 600p now being tested.

It is actually moving on much less volume now so perhaps those chunky trades at the 580p mark have cleared the sellers to allow a bigger push higher. If we can breach 600p a possible move up to around the next major resistance around 635p but I am going to lob in bits into any spike move higher too.

Zero interest in hanging about, the usual drill with the near absolute majority.

Over to the algo's to outbid each other in a slow manner, if it breaks higher from here. It is actually doing a slower spike than expected....like you can get everything right!

All imo
DYOR

[mach100] 09/8/2021 21:09

Phillis I was quite excited by the acquisition. Gave me the Horn in fact. In fact it also gave the share price a little rise if you check under the bonnet.

[phillis] 09/8/2021 13:56

Chaps
The price dropped because a lot of new shares were issued to buy a business that had nothing like RWS' profitability

[alter ego] 09/8/2021 10:26

I met AB some years ago and believe he was keen to pass on his shares to his daughters so the IHT relief is key here I think.

[linhur] 09/8/2021 10:19

ygor705

Do not forget that RWS and LTG are Aim listed which will be very important to the chairman for tax purposes at the present time as well as other long term shareholders.

Linhur

[ygor705] 09/8/2021 09:42

Jeffian.......I also hold LTG which has had a really good run over the past 6 months or so. Whereas I think that LTG might be a little toppy at the moment, RWS looks very good at these levels. I've actually switched some funds from one to the other! The big question for Brode fans is how long can he go on at this pace? The guy is 80s now and has probably had to duck and dive his way through the pandemic. If he decides to give up there could be a big payday from a US acquisition of both RWS and LTG.

[jeffian] 09/8/2021 09:29

It's strange that Andrew Brode's other company, LTG, goes from strength to strength on the back of its latest acquisition while this one has not, despite having a longer and better-established track record of integrating acquisitions and generating the cash to pay for them in short order. I hold both and will continue to do so. I am expecting the lull at RWS to be temporary.

[ygor705] 09/8/2021 09:23

I was selling these at high 600s in the run up to the latest acquisition/merger. Do not understand why the market reacted so badly to the deal but the drop has allowed me to rejoin the party at a lower level. I believe that the CEO is relatively new and that there have been questions as to his ability in certain quarters. Well at least he's putting his money where his mouth is and I've bought more this morning. Consensus eps forecasts look excellent here.

[alter ego] 05/8/2021 22:13

Some of us have held RWS for a decade and profited handsomely. One day up another down is all a bit irrelevant in the context of how the underlying business performs.

[jeffian] 05/8/2021 21:37

Are any of you investors, or have I just wandered into a branch of Ladbrokes?

[brain smiley] 05/8/2021 14:01

Falling wedge on the chart as well; smaller than the one that formed from August 2020 till January 2021 - but it looks good !

[sphere25] 05/8/2021 12:56

Another interesting chart here.

Price is currently 582p and sat bang on resistance, which also ties in very closely to the 50 day moving average.

A small vote of confidence by the CEO buying today vs the market selling the shares down significantly from the highs up near £7.

A few meaty exchanges at 580p, which is holding on the intraday chart so it looks like an interesting technical battle here at very key levels.

Who will win the battle?

All imo
DYOR

[brain smiley] 05/8/2021 09:15

Couple of weeks in and the boss buys more shares.Good sign!

[johnrxx99] 04/8/2021 09:00

Most disappointing. Every morning I question why I'm holding. "One day" I keep telling myself - lol