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Renew Holdings

January 2020

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:
  • 554p
I'm not quite sure what lit the blue touch paper under the shares last month but if I had to drill down to just two reasons then it is probably the fact that postponed investment decisions in areas where political risk was high (eg. infrastructure) will now go ahead and also Renew has intimated it’s ready to return to the acquisition trail before too long.On SCSW, subscribers have been aware of  Renew’s attractions for years, with our earliest coverage at just 49p in 2006 when the company first announced its transition into engineering services, so this month’s rise makes the shares a 10-bagger.The latest full year results were mostly in line with sales up 11% to £601m, pretax profit +24% to & ...

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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

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