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.

Renew Holdings

LINK

anyone still looking at this thread? here's a nice overview of their acquisition by the CEO presentation

Excellent chart.

12 Aug 2013 Numis Add 121.50 113.50 - 130.00 Reiterates

Great performance.

AGM Statement

Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, will hold its Annual General Meeting at 11am today. Roy Harrison OBE, Chairman of Renew, will open the meeting with the following remarks:

"Trading for the first quarter of the year has been strong and well ahead of the comparative position last year. The Board expects this to continue through the second quarter of the financial year and, as a result, that the results for the year ending 30 September 2014 to be much more evenly weighted between first and second half than hitherto.

In Specialist Engineering, a strong performance has been seen in all markets but particularly so in Infrastructure where our Rail business has been experiencing record levels of activity. In the Environmental market, Lewis, the water subsidiary based near Cardiff which was acquired in August 2013, is performing ahead of expectations, as is Seymour, our water business in the North East. In Energy, revenue in Nuclear has also been at record levels.

In Specialist Building, our businesses in High Quality Residential and New Build Affordable Housing have both performed in line with expectations and potential future work lists continue to offer excellent opportunities.

The Group order book at 31 December 2013 has strengthened by 27% to £433m (31 Dec 2012: £340m). The Engineering Services order book stood at £306m (31 Dec 2012: £245m), an increase of 25% over the comparative position last year.

Reflecting the profitable trading, cash generation in the first quarter has also been strong. The Group's net cash position together with its strong order book enables the Board to look forward with confidence to further profitable growth.

The Board expects to give further guidance in its pre-close announcement at the end of March 2014 prior to the announcement of the interim results on Tuesday 20 May 2014."

Moving up nicely and why not after that bullish statement.

Should be broker upgrades out in next 48 hours.

WH Ireland Increases Renew Holdings Plc Price Target to GBX 275 (RNWH)
Posted by John Perry on Jan 29th, 2014

Renew Holdings Plc logoWH Ireland boosted their price target on shares of Renew Holdings Plc (LON:RNWH) from GBX 235 ($3.87) to GBX 275 ($4.53) in a research note issued on Wednesday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock. WH Ireland’s price target suggests a potential upside of 50.27% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd downgraded shares of Renew Holdings Plc to an “add” rating in a research note to investors on Wednesday. They now have a GBX 215 ($3.54) price target on the stock, up previously from GBX 185 ($3.05). Separately, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Renew Holdings Plc in a research note to investors on Tuesday, November 26th. They now have a GBX 185 ($3.05) price target on the stock.
Renew Holdings Plc (LON:RNWH) opened at 197.00 on Wednesday. Renew Holdings Plc has a 52-week low of GBX 84.00 and a 52-week high of GBX 109.00. The stock’s 50-day moving average is GBX 181.0 and its 200-day moving average is GBX 146.4.
Renew Holdings plc is a United Kingdom-based holding company engaged in engineering services and specialist building.

Crossed 200p level.

Trading Update

Trading Update

Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces an update on trading ahead of the interim results for the half year ended 31 March 2014.

Trading for the first half of the year has been strong and well ahead of the comparative position last year, in line with the Board's expectations. Performance is being driven by growth in all of our Engineering Services markets but particularly so in Infrastructure where our Rail business is continuing to experience record levels of activity. Specialist Building is performing in line with expectations.

The Board also anticipates reporting an increased forward order book and strong cash generation.
Renew's interim results for the six months ended 31 March 2014 will be announced on Tuesday 20 May 2014.

Listen: Renew Holdings (RNWH) - Acquisition of Forefront Group Limited

Click here to listen

Analyst interview - Renew Holdings

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Renew Holdings - Preliminary results

Click here

Watch: Renew Holdings - Interim results video

click here