Rws Share Discussion Threads

[undervaluedassets] 20/12/2019 13:43

Better looking day today.

I was wondering when this was going head north again.

Soundly beat expectations at last results a couple weeks back and yet has largely fallen since.

[quepassa] 11/12/2019 14:04

Nice rise this morning

I see Phillis is the resident idiot here
Best to filter and ignore him as most people did on the Thomas Cook thread

[undervaluedassets] 10/12/2019 11:58

Also RWS record results have been announced on a bad day for the wider market..

high volatility stocks will bear the brunt of falls on days when the market dives..

A bad day for the market has crowded out the good results (great results even.. ) released today.

[mfhmfh] 10/12/2019 11:56

buy rating reiterated in today's IC.

[standish11] 10/12/2019 11:08

Perhaps the comment in the outlook para of the exults statement has triggered some profit taking:-

Underlying performance in the first two months has been in line with the Board's expectations, but the sharp increase in the GBP/USD exchange rate is clearly unhelpful.

[undervaluedassets] 10/12/2019 10:59

Right well having read the whole results statement these numbers would indeed appear to be a beat..

Must be the "it is better to travel than arrive" brigade selling today.

It always seems to me that if a share has market beating results and the share price falls on those results (a not infrequent occurrence) that you get double jam. Namely great results + the opportunity to buy cheaply.

Have nibbled a few more.

[phillis] 10/12/2019 10:39

next big acquisition is where I wonder?

[mfhmfh] 10/12/2019 10:37

net debt reduced by 43%.

Berenberg today reiterates buy rating and increases target price to 740p from 670p.

[mfhmfh] 10/12/2019 10:25

RNS headline states:

'Strong growth and increased margins drove results ahead of consensus market forecasts'

Also:

'Growth in sales and profits across all three main divisions'

Andrew Brode, Chairman of RWS, commented:

'
Despite widespread economic and political uncertainty, I take much pleasure in chairing a fast expanding Group which is an acknowledged leader in a growing business sector.'

[robinnicolson] 10/12/2019 09:57

Just profit taking combined with the note of caution in the outlook regarding exchange rates.

[redartbmud] 10/12/2019 09:55

Must be phenomenal, if the share price is -5%

[phillis] 10/12/2019 09:50

great results - as promised
Tx again AB

[robinnicolson] 10/12/2019 09:37

"...but eps way short of high expectations"

Broker forecast was for adjusted EPS of 21.0p.
RWS reported adjusted EPS of 21.3p

[slogsweep] 10/12/2019 09:15

turnover in line but eps way short of high expectations so given sky high rating any faltering will be punished . Still like the company long term - probably too late to sell for trade now so will hold not inclined to add though.

[robinnicolson] 10/12/2019 09:12

Berenberg raised their price target to 740p from 670p.

[bulltradept] 10/12/2019 08:53

No update given mr market not sure currently....

[robinnicolson] 10/12/2019 08:04

Broker forecast for 2019:
Turnover: £353.9m
EBITDA: £82.7m
EBIT: £77.7m
Pre-tax profit: £73.1m
Post-tax profit: £57.7m
Adjusted EPS: 21.0p
Dividend: 8.6p
Free cash flow: £54.0m
Cash: £36.4m

[mikkydhu] 10/12/2019 07:57

"Strong growth and increased margins drove results ahead of consensus market forecasts."

[undervaluedassets] 10/12/2019 07:53

was that a market expectation beat?

or just what was expected (or less) ?

Not sure..

PE is eye-watering so needs to be special..

[mfhmfh] 06/12/2019 17:00

full year results on 10th December.

[phillis] 06/12/2019 16:25

All time high

Thank you AB

[woodhawk] 24/10/2019 16:42

Nice to see some more positive movement this afternoon.

[mfhmfh] 15/10/2019 12:16

Buy rating reiterated in today's IC.

Numis has upgraded its forecast pre-tax profits to £73.6m.

adjusted pre-tax profit is said to have “increased significantly” versus last year and will be marginally ahead of expectations

[mfhmfh] 15/10/2019 10:37

I forgot to mention this:

'The Group continues to drive strong cash generation and debt stood below £37 million as at 30 September 2019 (30 September 2018: £65.1 million).'

[woodhawk] 15/10/2019 10:25

I've just bought a few. Looking for a decent rise in a few days.