Rws Share Discussion Threads

[jonesj] 24/4/2023 15:08

Belatedly replying to the 2000 launch price comment......

RWS was a reverse takeover back in late 2003. So disregard any share price action before then.

[phillis] 18/4/2023 14:18

Big tech customers presumably drawing in their horns a bit

[cravencottage] 18/4/2023 12:50

The trading statement in a week or two should give us a fair idea!

[ygor705] 18/4/2023 12:17

Looking at the chart over the past year it was about this time that the "we're thinking about making a bid" statement came out of one of the PE houses. The share price shot up but nothing materialised.......not sure why. Since then the share price seems to have traded fairly neatly between £4ish at the top and £2.70ish at the bottom. The market as a whole currently looks in better shape then this time last year and when the next set of numbers come out from RWS in June they should reflect a further 12 months of post merger rationalisation. There might also be scope for an acquisition announcement. Absent a market crash, I'm thinking that there is more upside than down from here.

[tim1478] 13/4/2023 13:34

I have just bought a small amount today

[phillis] 13/4/2023 13:19

Good buy at these levels

[alter ego] 11/4/2023 13:10

Fwiw, I doubt Brode would be tempted to sell. He would benefit from IHT exemption under current rules so his heirs would not be taxed on the estate when he passes away. If he sells, it's cash so no IHT exemption.

[jeffian] 11/4/2023 11:46

Andrew Brode still owns nearly 25% of the company and the shares are quite tightly held. I can't see this being sold other than via an agreed/recommended bid negotiated away from the public glare.

[mammyoko] 11/4/2023 11:12

Only a year ago that BPEA No8 was looking at this at £3.50 and must have been contemplating some form of premium to that price. No8 closed at $11.2 bn in September 2022 so they have the cash. Possible bid from BPEA at 350p? Bound to be rejected at that price but would leave them room to up a bid towards the 500p mark where it now might stand more chance.

[jeffian] 30/3/2023 18:12

To be fair, Phillis, the response to that is....
Look at the shares in issue
389,470,093!!!!

Market cap - pure size - is irrelevant to shareholders. NAV, EPS and divis per share; yes!

[phillis] 30/3/2023 17:47

Moaners

Look at the market cap
£1.2BILLION !!!!

[cravencottage] 30/3/2023 15:22

Way oversold..

[robinnicolson] 30/3/2023 08:26

The share price is now below the level at which the CEO bought 65,000 shares last October.
I hope that Private Equity do not come sniffing around.

[ygor705] 30/3/2023 08:06

RWS seems taking a bit of a battering of late - presumably because it has disclosed a business relationship with SVP which has been bailed out in the UK. Even then, the biggest interface with SVP seems to be via a syndicated loan where they are holding onto SVP's cash via a partial loan drawdown. Don't know what the loan documentation says (and believe me when I say it will say a lot) but if I were RWS I would be looking to set off the loan drawdown against any other amounts due from SVP. Bankers have been using the set off technique for centuries. This outfit has no debt and the trading appears to be holding up. Despite this the share price is in free fall. Am I missing something here?

[cravencottage] 25/3/2023 08:19

Amberjudy

Caveat Emptor!

[robinnicolson] 24/3/2023 15:27

The share price performance over the past few years has certainly been disappointing but the total return over ten years is still 183%.

Remember there was a 5:1 share split in 2015.

I've been adding recently...IMHO it looks good value on an EBIT yield of 7.3%, FCF yield of 7.2% and DY of 4.0%.

[bend1pa] 24/3/2023 14:14

It is rather odd what's happening to the sp, considering this was listed on AIM at 400p more than 20 years ago (not accounting for any share offers since). A shockingly poor performance, although on fundamentals it's performed well, increasing eps solidly for most years. I guess it's another one of those shares the market loves to hate. But then most AIM stocks seem to have have taken a serious drubbing over the year.

On last years's normalised eps, the PER is about 19, which is still on the high side, but the share price is no longer in dangerously overvalued territory like it was 2 years ago. Could see another 20% lopped off the sp, but they'd be good value by that stage.

[wad collector] 21/3/2023 12:21

Not been a good year here so far, they even managed to have a loan from Silicon Valley Bank which hopefully is safe now. Does rather look like it is heading back to £3.

[barbar7619] 24/2/2023 10:50

Time to top up. Bargain

[phillis] 22/2/2023 07:23

Steady as she goes!

[orange1] 25/1/2023 11:37

To be fair they are not nil-cost options in this case.

They all have to pay 1p!

[jeffian] 25/1/2023 10:02

Further re #1444, I should have kept my mouth shut!





8-(

[wad collector] 20/1/2023 10:03

Xd 9.5p next week.

[jeffian] 18/1/2023 10:03

There are lots of things I like about this company and, further to recent RNS's, another one is that I like share option schemes which have an option price linked to market value at the time they were granted. This is genuinely a case of 'aligning the interests of shareholders and Directors'. I really hate nil-cost options.