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Renew - Shares break into new territory

June 2019

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:
  • 430p
Renew (RNWH; 430p) is an old friend to SCSW, a company I have followed since 2006. Back then the share price was 49p. Even as recently as December 2011, the shares could have been bought at 64.5p - the business was still being valued as a construction company rather than the higher rated support services business that it is.  Of course part of the problem when a business has gone through the wars and traumatised investors is that investors are slow to forgive and forget. Back in 2006, it had just gone through a period of crisis. Known as YJ Lovell, it had been established over 200 years earlier and ended up as a hodge podge owning a variety of construction and land development businesses. Several outstanding construction diffi ...

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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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