Rws Share Discussion Threads

[robinnicolson] 06/1/2022 16:18

Topped up again today. Don't know whether, amongst other things, the share price fall is due to the CFO exit.

Avon Protection have just appointed a new CFO today. His name: Rich Cashin.

Perfect.

[redips2] 04/1/2022 14:27

Thank you b-s

[brain smiley] 04/1/2022 13:54

Fall today maybe a delayed reaction to the Finance boss quitting.Two top men quitting recently.

[alter ego] 14/12/2021 15:12

CEO just bought £30000 of shares. A few more than me but I paid less per share!

[alter ego] 14/12/2021 14:01

Encouraged by cash generation and laying foundations for further growth, particularly in APAC region. Happy enough to take a small top up on an already fairly hefty holding.

[winsome] 14/12/2021 12:59

One of the companies that wont face the Covid headwinds next year, such as labour shortages, delivery problems, lockdowns, inflation etc. A good safe haven for the next 12 months.

[phillis] 14/12/2021 11:27

premium busines
I have held since 50p having top sliced above 650
Shall be adding more in the next few days

A company that does everything it sets out to do

[alphabeta4] 14/12/2021 11:15

26/8/20 Forward estimated adj eps for Sept 2021 22.48p share price c£7.50, 14/12/21 actual adj eps 23.8p, share price c£6. Go figure.

[jeffian] 14/12/2021 10:27

I am guessing the market is reacting to the statutory, rather than 'underlying' figures. It never likes 'adjustments' but this is inevitable in a year when there has been a substantial acquisition and all the one-off costs that flow from that. What I really like about this company is the cash generation, and that seems to remain as good as ever. Although already stuffed to the gills with these, I have taken the opportunity to add some more.

[jeffian] 14/12/2021 10:10

#1226,

"we are particularly pleased with the pace and effectiveness of our integration of SDL, which contributed to a better than expected profit performance."

[wad collector] 14/12/2021 10:07

Good but not good enough seems to be the market's view.
I suppose that the share price is at least in the middle of the last 2 yr's trading range.

[bulltradept] 14/12/2021 09:27

Market is non plussed. Little vol though, so...

[brain smiley] 14/12/2021 08:24

A lot of adjustments and no specifics on how SDL is performing.Not surprised price is currently down.

[togglebrush] 14/12/2021 08:04

Good results on first reading. Divi 8.5p XD 26 Jan Paid 25 Feb

[winsome] 14/12/2021 07:42

Nice results out today. Adj PBT beat market expectations. 17% increase in dividends

[alter ego] 10/12/2021 13:24

Finals next week, Tues 14th.

[phillis] 01/11/2021 15:00

Err?
Cash element of SDL purchase perhaps

[brain smiley] 28/10/2021 09:37

Winsome .Good question - where did the cash go?Article in Investors Chronicle recently flagging that they thought some costs were excluded from the profit figure.Anyway, thought the statement would have resulted in a bigger rise,back to the highs.Eps for 2022 is 28p !

[winsome] 27/10/2021 08:19

I bought in during the summer based on share price weakness and am sitting on a tidy profit. I'd like to buy more as the price should easily hit 700p or more again. This one bounces around a bit. I'd like to hold long term too but I see their NAV ex intangibles hasn't grown in previous 5 years. They've made over 200m profit last 5 years and paid out half that in divs but the other 100m hasn't added to NAV, except goodwill. I always like to see my longterm investments increase their NAV ex tangibles. Would welcome thoughts on this one. Yes, I know they are a services company and are asset light.

[ygor705] 27/10/2021 05:44

Steady performer - as usual. Glad that I topped up when the share were around the mid 500 level. More to come here.

[phillis] 26/10/2021 09:44

dividend progression is uninterupted

[wad collector] 26/10/2021 09:41

So pretax profit will be ahead of the £111m consensus. I like the sound of that.
Surely a progressive divi policy will be reinstituted?

[jeffian] 26/10/2021 09:01

Aye, cracking statement. You have to love the cash generation of this business. So many acquisitive companies load themselves with debt and end up highly-geared, or dish out shares like confetti to dilutive effect, but RWS is able to pay down any debt so quickly that is inherently debt-free. Cash generation and low debt/net cash have become a key issue for me in making investment choices. Whatever accounting shenanigans go on in the way companies present their accounts, you can't hide cash or the lack of it; it's either there or it's not. With RWS, it always is.

[togglebrush] 26/10/2021 06:08

Trade Update begins "A strong performance with profit ahead of expectations."
Full Year 14th December 2021

[brain smiley] 19/10/2021 15:24

Trading statement will be on 26th October - just checked the RWS website.