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I use iweb. It's not unusual for some of my trades not to show up.
I'm not with iweb but surprised to hear your trade not showing up as I understood that all trades should be published direct from the market, not from the broker. May become late reported and appear tomorrow?
I have next update as HY results c.9/16th Nov so not too far away :)
increased my holding by 20% today at 23p although the trade never showed on this site or trade cap site ? this often seems to happen with iweb for some reason they don't seem to publish all there trades. any other people here with iweb account ?
anyway looking forward to next update.
Previously London listed miner WRES with mines in Spain/Portugal has suspended operations and listing due to obscenely high energy prices. So have other companies. Hope RNO has a handle on this, because if not, the YUK purchase could be a complete disaster.
net debt to remain below 1.5 ebitda with earnings to increase 3.1m+ with cross selling other renold premium products sounds good to me.
i think that they must take advantage of the current turmoil as this will be there best opportunity to purchase other companies at low valuations and build the renold brand.
be brave when others are fearful .
Good buy or expensive ? Energy costs are exceptionally high in Iberia. Not convinced this is worth it.
Interest rates set to rise again, this should make the pension deficit reduce notably which should reduce the contributions from the company and raise their available cash level within the balance sheet. Needs some regular news/ corporate activity to remind the market of it's existence and continued progress.
Agree that trading RNO is better for your pension pot than having a RNO pension. IMO pension deficit is the main reason for low valuation.
well i sold half my shares at 28.8 and then bought them all back this week at 24.3 so made a nice lump without a divi how low can it go who knows but do not think you will be seeing 20p again i will be adding at 23p . think they are protecting there financial position at the moment and looking to buy other companies to add and expand this alone will drive the sp up and dividends will follow i'm sure . this is one for my retirement kitty so i hope i am right.
Good to see that RNO passing on cost increases to customers and reducing debt. Had to laugh at fact that higher inflation means higher bond yields that reduces the monster pension deficit. Concerned that EPS forecast to stay same over next few years and no even token dividend in sight. Good that Hunt the Cent now raised from Sell to Hold. Sp retracing from results, how low could it go anyone ?
Could be a run leading up to results on 13th July as the last update was better than expected trading, record high order books and with little or hardly any impact from Russia/Ukraine situation. With Interest rates rising I'm hoping also to hear of pension deficit liabilities being reduced/revised downwards.
Interesting too was that the company pension trustee had built up a stake (8.17%) in the shares earlier this year.
are a mess time to sit on your hands only 3 weeks to results.
if they decide to give a 1p dividend the sp will go to 40p.
then they will be able to raise cash for acquisitions .
perfect time to be brave when others are fearful. exciting times in my opinion.
Good news indeed. More bikes in China than anywhere else in the world.
over the weekend i sent an email to renold asking for information about production and distribution in the china factory during the current covid restrictions.
i was pleased to receive a reply at 9.20 am this morning from the ceo himself stating that the factory is still operating as it is not in a shutdown area but there are some logistical difficulties being caused by other parts of the country suffering covid disruptions.
Expect 30p to be broken this week bet we have blue day. Tomorrow too
build it and they will come.
30p inbound NICE 27p about to be broken
In from back in July 21 at 21p so not selling any time soon, looks fantastic my only concern is the pension deficit
Managed to get in at 25p. IMO the SP could double this year. Astonishingly good trading update!
Mcap gotta be more than 57m
WOW !!
08:32:37 26.00 500,000 130.00k O BUY
Hi Liquid any guess on what the Mcap is worth after this RNS?
Group order intake during FY22 was GBP223.7m. This represents a year-on-year increase of 31.6% on a reported basis and 35.6% at constant exchange rates. Excluding the recently announced GBP11.0m long term military contract, order intake for the period increased by 25.2% or 29.2% at constant exchange rates. The current order book of GBP84.1m is a record high for the Group (31 March 2021: GBP53.6m).
Successful implementation of price increases running ahead of raw material and energy cost increases proves that I was completely wrong. Not often I am so pleased to be wrong...