LON:RNWH
Renew Holdings Plc
ACTIONABLEMethodology gates passed
Position levels
Currenttoday
912.00p
Buy <=wait / entry
806.67p
Trim >=take some off
980.00p
Thesis breakA clear deterioration in UK public spending that defers or cancels a material po...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 33% | 100 / 100 | 33.0 |
| Base case | 48% | 62 / 100 | 29.8 |
| Bear case | 19% | 10 / 100 | 1.9 |
| Weighted conviction | 65 / 100 - BUY | ||
Top risks
- Record order book exceeding GBP 1.6 billion driven by AMP8 and CP7 frameworks
- Acquisitions of Edwards Diving Services Limited (up to GBP 13 million) and Emerald Power Ltd
- Revenue of GBP 1.053 billion for year to Sept 2024 with guidance toward GBP 1.2 billion by end-2025