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Nice names like Nissan involved, market still wants to get bummed by CapX it seems!
We are definitely still under the radar, which is good if anyone is looking to add!
Small top up from me this morning. Roll on February for the HY report
Terrific update. Great to see the fast-increasing sales to the renewables/offshore wind sector.
This further supports the broker forecasts of £1.3m EBITDA and 0.6p EPS for this current year to 31/5/24.
A fantastic set of new customers - as well as Volvo, Nissan and JCB, I hadn't realised Steel Dynamics are a $19.2 billion m/cap steel producing American behemoth!
Well done CMH PLC.
Excellent News!!
These guys have clearly got the bit between their teeth, and securing business left, right and centre.
Market Cap just doesn't reflect the value here.
Remember that's only an update for RDC......
There is three companies in one here!
The turnaround is in full swing. The HY report should be released in February and then we will get a real sense for the progress made
Fantastic news
Can start investigating the renewables potential now!
Big names and big contracts! Santa rally! VOLVO! JCB!
Indeed. Not seen a trade that big since around the time of the results. Be interesting to see if we get any more big trades this week
Half a Million at 2.45
Hmmm which renewables company is involved with Dogger? whats it called?
RDC has been extremely successful in winning new orders from blue-chip companies with an annualised value in excess of £4m following the demise of a competitor foundry. In addition, RDC has signed a two-year exclusivity agreement for an established company in the renewables sector, with the potential to generate up to £1m of revenue per annum. This agreement further entrenches RDC's strong position in the buoyant renewables market, which is expected to continue to expand with further UK Government funding for wind and tidal power announced in August 2023. In addition, RDC is enhancing its current steel making capabilities in order to fulfill demand from existing customers that previously the Group had to turn away. lots of positives.
Well done DMSC!
Keep em coming.
66,959 was my BUY! Stay positive.
Great spot!!
Https://www.linkedin.com/feed/update/urn:li:activity:7135956885660143616/
"The team at Petrel are very proud to announce a new partnership with I-Valo Oy. Our partners at I-Valo have a long-standing experience in lighting manufacturing, and are now stocking our 9 Series products to strengthen their presence in the ATEX lighting industry"
Oh well thats it then , we jus sit here waiting for Godot. not Gal Gadot, Godo. is he coming yet?
Personally I am looking forward to seeing a prompt half year report early in the new year, that will perhaps be able to focus more on the detail of these new projects without having to deal so much with what are hopefully now legacy issues.
Hopefully such a report, released on a prompt timescale will give more of an impression of a company that is back under control of its destiny and, touch wood, making a profit.
We need to investigate what CMH do for that exclusive renewables company....... Be good to get involved in a company that is involved in this deal PM has sorted today:
'new investment for Dogger Bank wind farm.
The PM said a deal worth up to GBP11 billion had been struck by energy firms RWE AG and Masdar which will help fund what will be the world's biggest offshore wind project.'
By the way, the forecast is for positive 0.6p EPS this year, in case anyone's confused by the bullet point hyphen!