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.

Well at least this ones up. Mind from the other big board I see SCSW have tipped it.

yes article on the scsw website

http://www.scsw.co.uk/searchresults.php?textfield=renew

Thank you Dorothy P for that. Dorothy much obliged although I cant get in to see the report.

I take its just for members?.

Cheers GF.

Moving up nicely. Looks like this is a genuine breakout.

cheers Gf.

Just added a few more.

Forward P/E of just 8 is a bargain.

Broker recommendations, nb, one a buy the other a strong buy..

2006 2007
Broker Date Rec Pre-tax
() EPS (p) DPS (p) Pre-tax
() EPS (p) DPS (p)
Brewin Dolphin Securities SBUY 3.50 5.83 1.20 4.95 7.01 1.50
Rowan Dartington BUY 3.30 4.96 1.00 4.80 6.41 1.50

Bargain picking over the next few days in the world markets imo.

Just how i like it.

Results only weeks away.

very close to results, Tuesday 6th of June

Anyone know what the deal is with the land they have, have they still got a development site in Rugby?

13 million non mortgaged, 1 million morgaged, it all ads up especialy protecting the down side.

Digital Look just updated the stock, makes for excelent reading, a STRONG BUY and just look at these fundies..

P/E to 30th Sept 06 8.8, PEG 0.1 EPS Growth 69%

P/E to 30th Sept 06 7.3, PEG 0.4 EPS Growth 20%

Cheap as chips, little wonder SCSW are saying they will recommend the stock as a driver of the next Bull Market and probably use it for the opening of their next virtual portfolio, praise indeed from a well thought of Tip Sheet...

http://www.renewholdings.co.uk/

Britannia Rings Up 22m New Contracts
18/05/2006

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.

Results out in the next week or so.

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.

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

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

Chart looks positive. we could have a breakout here.

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

Yes cheers for that.

finally on the move GF!