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.

Results look good in the headlines, same as you I will have to take a more detailed look.

Well pleased with the results and it looks positive going forward.

Good start to the week.

Pleased to hear this must admit I have been a little slack looking at the details, but I will make amends tomorrow.

Renew Holdings PLC
04 June 2007


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

OFT Investigation

Renew has noted the recent announcements in relation to the Office of Fair
Trading ('OFT') review of tender activity within the construction industry.

The Company confirms that one of its subsidiaries has been contacted by the OFT
in relation to some historic contract tenders. These tenders represent a small
proportion of the tenders made during the period in question.

Subsequently, Renew has conducted a review of the procedures of all of its
businesses to ensure that they are in compliance with the Competition Act.

The subsidiary company has provided all required information to the OFT and
remains fully co-operative in its ongoing investigation.


4 June 2007

Enquiries:

Renew Holdings plc Tel: 020 7457 2020
Brian May, Chief Executive
John Samuel, Group Finance Director

College Hill Tel: 020 7457 2020
Matthew Gregorowski

Interesting article in shares today which should support the sp, to sum up Renew are reccommended as a Strong Buy.

When you look at Renew even after the strong run we have all enjoyed over the last year, they are still looking cheap on fundamentals.

Nice rise today up 2p.

New forecast from Brewin Dolphin 12/06/2007 = Buy

2007 = Profit - 7.02m and EPS - 11.47P
2008 = Profit - 8.3m and EPS - 10.71P

It's interesting when I looked back on my thread number 144, profit and EPS forecast in April. I used a 2% profit margin for 2007, this came out as below and its good to see that the latest Brewin Dolphin forecast is so close. See Below.

My Forecast = PBIT - 7.2m and EPS - 11.96P
Brewin Dolphin = PBIT - 7.02m and EPS - 11.47p

For 2008 I only increased my profit margin to 2.5%, but as you will see below this made a large difference. But the Brewin Dolphin forecast does seem conservative at the moment. See below.

My Forecast = PBIT - 10.7m and EPS - 17.78P
Brewin Dolphin = PBIT - 8.3m and EPS - 10.71p

I would like to think we will see some more upgrades during the rest of this year.

Good 5.5p rise to 112.5 on Friday. Hopefully the start of a more sustained rise.

Good forecasting that SF, well done.

Thank you but I won't get carried away, my forecast's are normally way off the mark.

Smashing little acquisition this morning will be a third specialist water business....

Renew Holdings PLC
26 July 2007



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


Acquisition of Specialist Engineering business





Renew is pleased to announce that it has acquired the whole of the issued share
capital of Seymour (C.E.C.) Holdings Limited ('Holdings'), the holding company
for its operating subsidiary Seymour (Civil Engineering Contractors) Limited ('
Seymour'), the engineering services provider specialising in the water sector,
for a cash consideration of 6.8 million.



Seymour, based in Hartlepool, was founded in 1978 and is one of the leading
civil engineering businesses in the North East of England. It provides
specialist environmental services including water infrastructure development and
maintenance, flood alleviation and coastal protection, as well as urban renewal
and other infrastructure services to customers in both the public and private
sectors. Further information on Seymour's activities can be obtained from its
website,
www.seymourcec.co.uk




The acquisition is in line with the Group's stated strategy of developing its
Specialist Engineering activities through making complementary acquisitions.
Alongside a natural association with Renew's Land Remediation activities,
Seymour's Water capability adds a third major specialism to the Group's
Specialist Engineering business stream, which also includes Nuclear.



Three quarters of Seymour's work is generated from longer-term framework
agreements and negotiated contracts, including the benefit of a 10 million per
annum framework agreement with Northumbrian Water Limited, with whom Seymour has
worked for over 20 years. Seymour's expected margins are in line with the
Group's target margins for its Specialist Engineering activities. The
acquisition is expected to enhance Renew's earnings per share in the year ending
30 September 2008. Seymour's management, who did not own a material percentage
of Holdings, is remaining with the company following acquisition.


Seymour's turnover for the financial year ended 30 June 2007 was 20.7 million
with an operating profit of 0.7 million. At the date of acquisition, Seymour
had tangible net assets of approximately 2.1 million including a net cash
balance of 0.9 million and an order book of signed contracts of 13.8 million.



Brian May, Chief Executive of Renew, commented:



'Seymour is an excellent business with a highly experienced workforce and
management team. It provides a very good fit with Renew, both operationally and
culturally, based on quality of service and developing long term relationships
with key customers. It has a proven track record of delivering projects to a
high standard, safely, on time, within budget and with a high degree of
innovation. This is an important step forward in the expansion of our higher
margin Specialist Engineering activities, which now make up more than 25% of
Renew's turnover.



The Group's existing business continues to trade in line with expectations and
we expect to provide further information before the end of our financial year.'


26 July 2007

Enquiries:

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

Good to see them spend some of that cash, earnings enhancing next year, shrewd diversication imo, and on the face of it it seems they have got them quite cheaply.

Trading in line with management expectations to boot.

All in all, good news.

capa

Nice to see you around capa.

Yep lets hope we get another leg up now.

Yes, still around gf, top sliced at 1.15 a while back leaving me in for a free ride with those I have left.

Still licking my wounds from SMC and WNG !! Made decent money on SMC but nothing like the amount I could have done, as for WNG still holding, but what a farce.

all the best

capa

Looks like a shrewd acquisition, shame the markets are so shaky at the moment, or we might of seen the start of an upwards move.

I top sliced at 96p but only 25% of holdings, next target is 135p.

Looks like we have a breakout. Trading on a very lowly forward P/E of just over 9 to 30/sept/2007 PEG 0.6

sp certainly performing well and sp currently an undemanding 10.5 as far as i can determine with sp now at all time high ..... Recent strength may have something to do with the change of nomad and his clients being put into the stock, but can't say it looks a bad bet even so ...... that said, i am still pretty wary of the markets in general, so watch out

Nice to see increase in sp to 120p after broker upgrade in 2008 profits and EPS which is now forecast at 11.9p, still looks too conservative imo.

SP moving in right direction up 3.5p to 119 on the back of strong transactions, hopefully the start of a re-rating. We may have to wait for further broker upgrades, the 2006 forecast seems fair enough but the 2007 forecast looks to have plenty off scope to increase.

I wouldn't be surprised to see PBIT = 10.7M and EPS = 17.78p for 2008.

Check out the trades so far today, started with small buys of 38k upto 10:20, then after this time three very large sell orders just over 4 Million. Yet sp firms by 2p, looks very interesting.

Any ideas anyone.