RE: Position24 Jan 2025 13:05
Hi Accountant, today's drop is a great opportunity to buy into a really solid business, with clear visibility of revenue and "moats"; by which I mean knowledge, skills, licenses to work on railways, roads, nuclear installations etc. Its pretty much work that has to be done i.e. essential maintenance and repairs. Check out Renew's track record of delivering consistent growth, solid profits, and dividends (albeit small)
If you are not sure, best thing to do is take a small position and add to it or sell if the situation changes.
By buying a few, I find you then "follow the share", rather than forgetting about it when something else catches your eye!
I'm hoping we will get some Director buys over the next few trading days to push the share price up slightly!
Good luck, whatever decision you make.