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RENEW HOLDINGS, Set Firm For Growth. (RNWH)     

goldfinger - 15 May 2006 04:08

Site still under construction.

Just the way I like a company, involved in all the nasties. Forward P/E of only just over 7 and has plenty of cash and assets proping it up. Held the share for over a year now but it looks from the chart that its breaking out once more. Well worth keeping an eye on this one, especially in uncertain markets were it seems to do well. Not a fashionable stock so theres not much research around, but its certainly got a very strong balance sheet. A good strong management team aswell.

Used to be called Montpellier Group MPL.

CHIEF EXECUTIVE'S REVIEW as at last results to 30/9/2005.

In the period to the end of the financial year, and subsequently, I have visited
all of our subsidiary businesses, met our senior staff and visited a large
number of our projects. These visits have enabled me to undertake a detailed
assessment of the performance and prospects for each business. The majority of
the Group's businesses have been profitable for many years and trade under
well-respected and long-standing brand identities operating in selected markets,
defined by specialist activity, regional knowledge and experience.

This review process has enabled me to gain a full understanding of the Group's
businesses and agree with the Board a strategy for the Group going forward.
This is fundamentally a development of the Group strategy which was implemented
last year, focusing on the specialisms of our constituent brands which sets them
apart from others in the market. As mentioned in the Chairman's Statement it is
proposed to change the Group's name to Renew Group Plc to better reflect this
strategy.

The Group's specialist areas of activity are:

Land remediation
Nuclear decommissioning
Social housing
High quality residential
Structural refurbishment
Restoration
Retail
Science and Education
Rail infrastructure

These markets have good future prospects and the Board will look to grow the
Group's operations in each while building on client relationships which have
been developed over many years. All the Group's businesses will continue
developing these relationships to ensure longer term working arrangements and
increased repeat and negotiated business.

Key to the Group's strategic objectives is having an effective and efficient
executive control in place. I have formed an Executive Management Committee
comprising the Managing Directors of the subsidiary businesses, who will all
report directly to me. This new committee will co-ordinate the strategy, across
the Group, sharing knowledge and best practice, and continue to implement key
processes to ensure that we effectively manage all our risks and safely deliver
high quality services.

In addition, control will be enhanced by regular visits to the individual
businesses by me and my senior financial and commercial colleagues to ensure
that all controls are being implemented and that Group policies are communicated
widely.

The specialist differentiators within the Group give us an excellent opportunity
to develop the business further and I am confident that we will deliver reliable
and growing profits in the years ahead.



DYOR.

cheers GF.


goldfinger - 30 May 2006 09:50 - 14 of 200

Results out in the next week or so.

goldfinger - 30 May 2006 11:12 - 15 of 200

Full press release:

Britannia Rings Up 22m New Contracts
Britannia Construction, one of the specialist contracting arms of Renew, has
maintained its winning run with more than 22m worth of new contracts secured in
the last month.
Two contracts from Tesco, the UKs number one retailer and long-standing client,
are worth 14m. The Cheltenham store will undergo a 7m extension and refit
while a new 64,000 sq ft store will be constructed at Brockworth, near Gloucester.
The two projects bring the value of schemes undertaken by Britannia for Tesco to
more than 225m. A 4.5m 53,000 sq ft B&Q store will also be constructed in
Folkestone, Britannia being selected despite the contract being outside its normal
geographical area of operation.
South Oxfordshire District Council has awarded a 2.5m contract to construct a
hugely popular five screen cinema in the heart of Didcot town centre. The state of
the art cinema is due to be operated by Cine-UK when it opens in 2007.
A string of civil engineering contracts have also been secured reflecting Britannias
expertise in this sector. In Cwmbran in South Wales, Prudential Assurance has
awarded a 676,000 contract for concrete and paving repairs to the town centre.
Britannia beat a number of local contractors to secure a 329,000 contract for
Birmingham City Council to improve a number of bus routes on key approaches
into the city. Separate contracts for car park extensions will be carried out in
Swindon for BMW and at Cheltenham General Hospital, worth 386,000 and
259,000 respectively.
18th May 2006
All press inquiries: Peter Weedon
Salient Communications
Tel: 01635 861112.

goldfinger - 05 Jun 2006 10:23 - 16 of 200

Edging ahead this morning. Forward P/E of only 7.

goldfinger - 06 Jun 2006 10:04 - 17 of 200

Excelent set of results.........

Renew Holdings PLC
06 June 2006



Renew Holdings plc
('Renew' or the 'Group')


Interim Results for the six months ended 31 March 2006


Renew, the specialist construction services business, today announces a strong
improvement in cash backed profits for the period and a strengthened order book.




Financial Highlights



Turnover from ongoing operations of 162m (2005: 165m)


Cash backed operating profit of 1.4m (2005: 0.7m)


Profit before tax of 1.8m (2005: 0.1m)


Earnings per share of 3.01p (2005: 0.25p)


Interim dividend of 0.4p (2005: nil)





Operational Highlights



No exceptionals, legacy contract provisions reconfirmed



Results reflect growing impact of new management control
mechanisms in place



Increased order book of 226m in specialist sectors



Appointment of Group Finance Director



Acquisition of PPS Electrical strengthening presence in
Nuclear sector





Roy Harrison, Chairman, commented:



'The Group continues to make progress, benefiting from its focus on the core
market sectors in which it has particular skills and experience. This is
reflected in the order book, which is growing both in terms of quality and
scale. Trading into the second half has been satisfactory and gives the Board
confidence that this progress will be sustained for the full year.'





6 June 2006



Enquiries:


Renew Holdings plc Tel: 020 7522 3200
Brian May, Chief Executive
John Samuel, Finance Director

goldfinger - 07 Jun 2006 10:31 - 18 of 200

Chart looks positive. we could have a breakout here.

016622 - 03 Jul 2006 21:38 - 19 of 200

nice to see you on another winner GF....

goldfinger - 03 Jul 2006 23:17 - 20 of 200

Yes cheers for that.

016622 - 31 Aug 2006 19:15 - 21 of 200

finally on the move GF!

capa - 29 Sep 2006 06:47 - 22 of 200

Reasssuring trading statement yesterday.

I reckon they'll do 7.5 to 8p e.p.s this year putting them on a multiple of less than 8. Probably give the divie a good tweak too.

Happy to hold this one.

capa

goldfinger - 29 Sep 2006 11:09 - 23 of 200

Same here Capa. At some point in time its goingto break upwards.

capa - 13 Oct 2006 08:30 - 24 of 200

Looking good this morning. A run up to 70p long overdue.

capa

goldfinger - 13 Oct 2006 08:35 - 25 of 200

Yup moving up nicely. Blimey how many jobs does this bloke want?.

Renew Holdings PLC
13 October 2006



Renew Holdings plc


Appointment of Director

Further to an announcement made on 28th September 2006 regarding the appointment
of John Michael Bishop as Non Executive Director with effect from 1st October
2006, the following information is being disclosed pursuant to Schedule 2
paragraph (g) of the AIM Rules.

John Michael Bishop, aged 61, is currently a director of the following
companies:


Current Directorships:

COMPANY NAME APPOINTED
Allied Investment and Property Holdings Limited (Dissolved) Pre 12/04/1991

This company entered into a Company Voluntary Arrangement on 27th
March 1991 however the company was dissolved pursuant to ss652(4) and
652(5) of the Companies Act on 15 February 2000.


Allied Investment Securities Limited (In Liquidation) Pre 26/09/1991

A Court Order to wind up was issued on 22nd July 1994 at the request
of HM Customs & Excise. A Liquidator was subsequently appointed on
26th June 1995. The company remains in Liquidation.

Beagle Aircraft Limited 05/05/2006
CLC Group PLC 01/09/2004
D K Properties (Woolston) Limited 01/02/2006
Knightspear Public Limited Company 27/01/2005
Medi-Care Developments Limited 01/02/2006
Morgan Sindall Investments (3PD) Limited 25/01/2006
Primary Medical Property Investments Limited 10/10/1995
Primary Medical Property Limited 06/09/1995
The Kingwood Trust 20/02/2001



Past Directorships (held within the last five years):

COMPANY NAME (where applicable, dissolved pursuant to s652A APPOINTED RESIGNED
CA85)

Backbone Furniture Limited 09/08/2002 01/06/2005
Barnes & Elliott Limited 07/04/1998 01/06/2005
Birchmire Limited (Dissolved) 02/01/2002 01/06/2005
Bluebell Printing Limited 01/04/1997 01/06/2005
Bluestone Public Limited Company 09/11/2001 01/06/2005
Community Solutions for Primary Care (Holdings) Limited 14/05/2002 16/01/2004
Community Solutions for Schools Limited 02/12/2002 01/06/2005
E. O'Donnell (Bradford) Limited 02/01/2002 01/06/2005
Forth Crossings Limited 11/05/2001 01/06/2005
Hinks & Frewin Limited 07/04/1998 01/06/2005
Iris Safety Limited (Dissolved) 07/04/1998 01/06/2005
Lovell Partnerships (Northern) Limited 16/06/1999 01/09/2004
Lovell Partnerships (Southern) Limited 16/06/1999 01/09/2004
Lovell Partnerships Limited 16/06/1999 01/09/2004
Magnor Plant Hire Limited 02/01/2002 01/06/2005
Morgan Est (Scotland) Limited 10/05/2001 01/06/2005
Morgan Est Plc 29/03/1993 01/06/2005
Morgan Lovell London Limited 01/04/1994 01/06/2005
Morgan Lovell Plc 05/05/1994 01/06/2005
Morgan Lovell Regions Limited 01/04/1994 01/06/2005
Morgan Sindall Investments (Lancashire Fire Stations) Limited 22/03/2002 01/06/2005
Morgan Sindall Investments (Newport SDR) Limited 19/12/2001 01/06/2005
Morgan Sindall Investments (NHS Lift) LImited 05/11/2003 01/06/2005
Morgan Sindall Investments Limited 04/10/1996 01/06/2005
Morgan Sindall Plc 26/10/1994 12/04/2005
Morgan Utilities Group PLC 02/01/2002 01/06/2005
Morgan Utilities Limited 02/01/2002 01/06/2005
Noel Street Properties Limited 09/02/1994 01/06/2005
Ottervale Estates Limited 14/01/1998 01/06/2005
Overbury & Sons Limited 07/04/1998 01/06/2005
Overbury PLC 07/04/1998 01/06/2005
Overbury Projects Limited 07/04/1998 01/06/2005
Overbury Southern Limited 07/04/1998 01/06/2005
P.L. Construction Limited (Dissolved) 02/01/2002 01/06/2005
Pipeline Constructors (Northern) Limited (Dissolved) 02/01/2002 01/06/2005
Roberts Construction Limited 01/08/1997 01/06/2005
Sindall Eastern Limited 07/04/1998 01/06/2005
Sindall Joinery Limited 07/04/1998 01/06/2005
Sindall Limited 07/04/1998 01/06/2005
Sindall Norwich Limited (Dissolved) 07/04/1998 01/06/2005
SMHA Limited 04/10/1996 01/06/2005
Snape Design & Build Limited 07/04/1998 01/06/2005
Snape Developments Limited (Dissolved) 07/04/1998 01/06/2005
Snape Holdings Limited (Dissolved) 07/04/1998 01/06/2005
Snape Parkway Limited (Dissolved) 07/04/1998 01/06/2005
Snape Roberts Limited 07/04/1998 01/06/2005
Stansell (Guernsey) Limited 05/12/2000 06/08/2003
Stansell Limited 07/04/1998 01/06/2005
T. J. Braybon & Son Limited 12/11/1996 01/06/2005
The Snape Group Limited 07/04/1998 01/06/2005
Underground Professional Services Limited 19/11/2003 01/06/2005
Vivid Interiors Limited 05/03/2002 01/06/2005
Wheatley Construction Limited 11/02/1998 01/06/2005


Mr Bishop does not have any interest in the share capital of the Company.

There are no further disclosures to be made pursuant to Schedule 2 paragraph (g)
of the AIM Rules.


Enquiries:

Renew Holdings plc Tel: 020 7522 3200
Caroline Coomber


capa - 13 Oct 2006 08:39 - 26 of 200

LOL

I bet he doesn't want the England managers !!

capa

goldfinger - 13 Oct 2006 08:50 - 27 of 200

HE HE no I bet he doesnt.

Im betting he spends 2 days or less at anyone given company per year for a massive fat cheque. Probably ex-public school boy, scandolous I say.

goldfinger - 27 Oct 2006 08:31 - 28 of 200

Main smaller company tip in the Investors Chronicle.

Up 3p already.

capa - 02 Nov 2006 19:59 - 29 of 200

Closing on a high today I see.

Could see a long overdue breakout here I reckon.

capa

canary9 - 02 Nov 2006 20:03 - 30 of 200

Hope so, as I've held these since 23p, and they are still on a very low price to sales. Plenty to go for if they continue to grow margins!

capa - 02 Nov 2006 20:09 - 31 of 200

You must have been in when it was Montpellior too then Canary.
Mind you I wasn't brave enough to buy when they were in the twenties, but convinced the company had turned around a bit later on and got in around 34p. I have added twice since, the last time at 50p for an average of 41p.

The rise has been steady rather than spectacular but i can live with that.

all the best

capa

canary9 - 02 Nov 2006 20:25 - 32 of 200

Yes, I,ve held these for 2 years ,although I have to admit to taking some profit on the way up to reduce exposure. I don't expect dramatic movements ,and took a similar stance with Morgan Sindall from 2 and still holding 30% of them at 12.50.
Nice little earner!!!

capa - 02 Nov 2006 20:44 - 33 of 200

Wow how spooky is that.

I have recently been researching into and today bought some Newfound (NFND) who joined AIM in September, recent director buy of 1.4 million shares by no other than John Morgan of Morgan Sindall fame.

Must be an omen. I hope its a good one.

capa
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