image

The best stocks to buy since 1993

Latest issue now available

Renew Holdings

April 2009

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • RNWH
  • Price:
  • 29p
Renew said it has experienced a worsening outlook and results for the year to 30 September will fall short of expectations. The specialist engineering arm, which supplies technical services for land remediation, nuclear decommissioning and contracting in the water sector, remains stable. Instead the trading issues centre around the specialist building side where private sector conditions have deteriorated and even the public sector (two thirds of divisional sales) is now seeing contract deferral. Having announced it was reducing capacity last December, Renew has announced a second round of cost cutting to reduce capacity once again, taking year-on-year capacity reduction to 37%. Including both rounds of restructuring, total annual ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe