Funds Insider - Opening the door to funds

Welcome to the Citywire Funds Insider Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error
Rentokil - down 20% today
+ Reply to discussion
Options
Andrew1952
Posted: 22 October 2023 19:05:52(UTC)
#11

Joined: 06/07/2019(UTC)
Posts: 538

Thanks: 162 times
Was thanked: 631 time(s) in 294 post(s)
An annoying overreaction considering the financial numbers are not
in any way indicating a profits warning,

They were 138p when I bought mine in about 2015 and I would have bought more
but I still remembered the nasty diversification into CityLink and Initial towels,
plus Mr 10% Clive, a previous CEO -

https://www.independent....n-dividends-102251.html

I assume the 2ndary drop of 4% was caused by auto stop loss trading and not people
actually making a decision to sell ??.

The world is getting warmer, pest infections can only get worse and now that the
world has returned to travelling and staying in hotels and going on cruises then I cant
see demand dropping. The US market is different, there is a termite problem over there
and property owners have to treat the ground around their boundaries regularly.

I'll buy some more next week to make up for not reinvesting dividends in more
RTO stock over the past 8 years.
Back to top Quote
2 users thanked Andrew1952 for this post.
Phil 2 on 22/10/2023(UTC), Ian Eccles on 16/09/2024(UTC)
Phil 2
Posted: 26 October 2023 15:19:57(UTC)
#12

Joined: 20/07/2018(UTC)
Posts: 2,107
This bad boy is still dropping. Another 10% knocked off today. Wonder where it will bottom out? Glad I only have a few.
Back to top Quote
Ian Eccles
Posted: 22 July 2024 09:35:14(UTC)
#13

Joined: 04/07/2021(UTC)
Posts: 1,076

Thanks: 307 times
Was thanked: 1815 time(s) in 750 post(s)
Flying high this morning on rumours of a potential buyout, up 10%
I will wait and see what happens because it doesn't fly with me.
Back to top Quote
1 user thanked Ian Eccles for this post.
Phil 2 on 22/07/2024(UTC)
Ian Eccles
Posted: 25 July 2024 07:41:36(UTC)
#14

Joined: 04/07/2021(UTC)
Posts: 1,076

Thanks: 307 times
Was thanked: 1815 time(s) in 750 post(s)
Rentokil is heading back down the hill after their results today, I will keep an eye on this because I think it's worth a punt at the right price.
Back to top Quote
2 users thanked Ian Eccles for this post.
Alistair Binks on 25/07/2024(UTC), Phil 2 on 25/07/2024(UTC)
Yacko City
Posted: 11 September 2024 17:59:48(UTC)
#17

Joined: 02/01/2017(UTC)
Posts: 19
Sell:382.80p Buy:383.10p 95.40p (20.06%)
Is down 20% and tripped my pending limit order with Aviva
My only dabble with shares was a limit order with Nat West- that paid off
I'm otherwise just funds as I'm very much no expert with share buying
Any one know why the price has dropped please
Back to top Quote
Jon.Snow
Posted: 12 September 2024 17:33:09(UTC)
#18

Joined: 04/10/2022(UTC)
Posts: 34
(Bloomberg) -- Rentokil Initial Plc shares plunged in London, erasing more than 2 billion pounds ($2.6 billion) in market value, after the pest-control company lowered growth expectations for its business in North America.
Back to top Quote
ben ski
Posted: 12 September 2024 18:07:39(UTC)
#19

Joined: 15/01/2016(UTC)
Posts: 1,354

Thanks: 426 times
Was thanked: 3898 time(s) in 1013 post(s)
There might not be a lesson more important than: don't buy a single share in anything you don't want to own entirely.

So if you had £9.26 billion, and wouldn't use that money to buy Rentokil's entire business, then you have no reason to buy it at all. You don't know enough about it. It's a punt. You're bored. You're the commodity Ladbrokes and Paddy Power Bingo trade in – you're a gambler; not an investor.

Your relationship with money is evident in how you treat large amounts or small amounts. I've never bought a lottery ticket. If I ever thought it would be a good investment of £1, I'd have faults in my thinking that mean I shouldn't be let loose with £1 million. Maybe you'd get £1m and think "Ahh, I'll just give myself £20k to blow on a load of punts – random companies I've read about in some legacy media newspaper." You're never growing that £1m.
Back to top Quote
 |  Edit by user
1 user thanked ben ski for this post.
Robin B on 12/09/2024(UTC)
Johan De Silva
Posted: 15 September 2024 15:20:15(UTC)
#15

Joined: 22/07/2019(UTC)
Posts: 4,412

Thanks: 5917 times
Was thanked: 10140 time(s) in 3360 post(s)
From what I understand the text book shows that companies with high ROCE and a high sustainable growth rate can do well and multibag: https://www.youtube.com/watch?v=ktWAS8PBEuI

In the past RTO was one of those...

Ian Eccles;313110 wrote:
Rentokil is heading back down the hill after their results today, I will keep an eye on this because I think it's worth a punt at the right price.

Studies then show once a UK stock has multi-bagged the peer group tends to underperform the index. This is the case with RTO. This is in contrast to stocks that fall out the bottom of index tends to very well (e.g. ORIT... next could be BURBY)!

I think the only way we can win in this space is to monitor external factors such as macro economics (such as the oil price for an oil stock) or looking at inefficiencies in the market because of a large seller such as JET2 who is moving on up from a few weeks ago... or the CEO leaves resulting in a dip like for ALPH where some of us here bought in last week.

If your after good growing businesses the best at capturing these in my opinion is private equity who have the skill to do this.

My single stock holdings: ALPH, LGEN, AXL, AET, JET2, AWE and MGNS

(Corrections made to AET).
Back to top Quote
 |  Edit by user
1 user thanked Johan De Silva for this post.
Newbie on 15/09/2024(UTC)
Newbie
Posted: 15 September 2024 16:09:03(UTC)
#16

Joined: 31/01/2012(UTC)
Posts: 3,816

Thanks: 6009 times
Was thanked: 7025 time(s) in 2602 post(s)
Johan De Silva;319142 wrote:
(My only single stock exposure is ALPH, LGEN, AXL, AEL, JET2, AWE and MGNS)

Not quite Bingo.
Do I get a prize for having ALPH, LGEN, AWE, MGNS - (Do you mean AEL or AET - if the latter then I have that also).
Last week ploughed more into ALPH and MGNS
Back to top Quote
 |  Edit by user
1 user thanked Newbie for this post.
Johan De Silva on 15/09/2024(UTC)
2 PagesPrevious page12
+ Reply to discussion

Markets

Other markets