Saigon_Sally
02 Aug 2018
Further fall Falling again after a very nice recovery from the fall earlier in the year. I am inclined to add a few more to my holding of RTO once they have bottomed out. SS
latife
23 Apr 2018
???? Very quiet on here? Any views or news? I am still holding...
tejo
05 Mar 2018
Further fall SP still falling and I wonder if it is caufgt up in the worry about outsourcing companyies' accounting methods. Hope Rentokill only books profits as they are earned and not when contracts are signed a;a Mitie et al.
highsnlows
01 Mar 2018
Today's Fall Yes everything looks rosy, so why the fall?Well I can see a couple of things worth discussing
rofit is £682.8m which looks huge compared to last years figures of £167.8m.But a large chunk of that was from disposals rather than organic £449m.So the actual organic profit, putting disposals to one side, was £233.8m. Which was still a respectable increase on last year. The Earnings per share calculated on the £233.8m from above works out to be 12.7% which is an 18.3% increase on last years figures. So, so far so good, increases look more than respectable.The results state that the ongoing revenue growth is 14.5%, that's 2017 revenue growth.The results also state that forward (5yr) revenue growth will be between 5% - 8% for 2018 onwards, which is a drop compared to 2017. This is probably what caused some of the sell off.A big positive was the reduction in debt despite the spending on new acquisitions.So all in all, I believe a large portion of today's drop was an over reaction to the elements that made up the headline profits, i.e. disposals. After all, RTO's core business is in pest control and health and even though they made a more than respectable profit, more came from M&A activity. RTO is focussed, well managed and profitable, the 15% increase in final year dividend is most welcomed. I can see this returning to the £3 level sooner rather than later.
tejo
01 Mar 2018
Fall in sp I do not know why the market sent the shares down nearly 10% first thing after the results which, whilst not that exciting, seemed perfectly OK It may be that much more was expected of this growth priced share, or the JV complications, or worry over the frantic M and A activity or a combination of all three. I believe the share rates a hold until we see greater growth in the pre tax profit that is still priced in,
Lucky888
01 Mar 2018
SP fall Pretax profit up from £208.5 million to £713.6 million.Revenue up from £2.17 billion to £2.41 billion.Dividend increased by 15%.Why does the share price fall by over 7% (SP 268 at 08.37)?
latife
22 Jan 2018
fall Why the fall to-day? Have I missed something while away for a few days?
II Editor
07 Dec 2017
NEW ARTICLE: Should you take the bait on this FTSE 100 share? "Rentokil (LSE:RTO)LSE:RTO:Rentokil was one of our proposals for an ISA candidate in February. It's due a bit of an update as, similar to LSE:BAG:AG Barr (a solid 15% rise), the share price has now met and exceeded our target levels. In fact, it ..."[link]
II Editor
06 Dec 2017
NEW ARTICLE: Trends and Targets for 7/12/2017 " RENTOKIL (LSE:RTO) Rentokil was one of our proposals for an ISA candidate in February. It's due a bit of an update as, similar to AG Barr (a solid 15% rise), the share price has now met and exceeded our target levels. In fact, it doubled ..."[link]
Saigon Sally
28 Sep 2017
Just bought in Read this article on LinkedIn. Was already planning to buy and this tipped the balance...***Rentokil Rising10 September 2017An aggressive acquisitions strategy has fueled the UK firm’s rapid expansion in North America, but deep pockets aren’t the only reason this global brand has become a force to be reckoned with in the U.S. and Canada.Dan MorelandEditor’s Note: In the second of our three-part series on the mergers and acquisitions market, PCT magazine examines how Rentokil Initial has altered the competitive landscape of the North American pest control market.Since implementing an aggressive acquisitions strategy under the leadership of President and CEO John Myers, Rentokil North America has become a force to be reckoned with in the U.S. and Canada, rising to #3 on PCT’s Top 100 List with more than $600 million in annual sales.In March of 2006, following its high-profile acquisition of J.C. Ehrlich — the largest family-owned pest control business in the U.S. at the time — PCT published a cover story titled, “The British Are Coming.” The article chronicled the global pest control giant’s desire to become a major player in North America, the most lucrative pest control market in the world, leveraging J.C. Ehrlich’s stellar business reputation and deep market relationships as a “platform” company to achieve its long-term goals.Since that time, Rentokil Initial — unlike other companies expressing similar aspirations before them (think Waste Management) — has delivered on its strategic vision, embarking on an impressive buying spree that remains unabated to this day. In fact, the company’s list of high-profile acquisitions reads like the “Who’s Who” of the pest management industry, with such well-known names as Western Exterminator, Presto-X, Buffalo Exterminating, Eradico Pest Services, Anderson Pest Solutions, Isotech Pest Management, A-Active Termite & Pest Control, Watch-All Pest Control, and the Oliver Exterminating Group now under the Rentokil Steritech corporate umbrella.And the company’s purchase of The Steritech Group in 2015 dramatically expanded the company’s commercial market footprint, providing access to the highly competitive auditing and brand protection business.But if you think Rentokil Steritech’s success is only a result of its parent company’s deep pockets, you’d be wrong. Its success in North America, which is mirrored by its success in the 70 markets it serves around the globe, is a result of a strategic vision that includes: (1) technical expertise shared across all its markets; (2) digital leadership and web expertise designed to provide an enhanced customer experience; and (3) growth through mergers and acquisitions.As evidence of its commitment to leverage technology to enhance its customers’ experience, the company’s Annual Report states: “We now have digital expertise at every stage of the customer journey from web searching through to e-billing. In addition, over the last three years we have been developing, testing, and deploying our range of remote monitoring sensors and connected devices.”PestConnect, the company’s remote monitoring system for rodents, is now used in more than 1,200 accounts across 12 countries and has delivered more than three million individual messages relating to the presence of rodent activity and service productivity. Further, the company’s myRentokil online customer portal has been deployed in 20 countries with more than 60,000 customers registered.On the M&A front, since 2016 the company has acquired 54 pest control companies around the globe, including 22 in North America. Just this past year, Allgood Pest Solutions, Heron Home & Outdoor, Connor’s Termite & Pest Control, Fischer Environmental Services, and Batzner Pest Management joined the fold. As evidence of just how important North America has become to Rentokil Initial, its North American business now accounts for more than 30 percent of the overall revenue of R
pinchers
27 Jul 2017
Re: Years Bought these last Nov, keeping myself. Mainly as most of business is abroad and Brexit proof.
tejo
27 Jul 2017
Years I would not sell since you have been through some v bad years but the new management has transformed the company and, in my view, the best is yet to come.
latife
27 Jul 2017
years Just checked and I have held these for 17 years...... Maybe its time to sell????
latife
27 Jul 2017
doing well Doing well today, hope it gets to the £3 !
II Editor
12 Jul 2017
NEW ARTICLE: Best mixed asset funds of 2017 "Best Higher Risk Mixed Asset FundOrbis Global Balanced Standard1-year return: 32%; 3-year return: 53.6%Our awards require winning funds to have a minimum track record of three years, and the FUND:JYIH:Orbis Global Balanced Standard fund has taken ..."[link]
