Rentokil Initial Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9613511
"Seymour Pierce says 'hold' as Rentokil disappoints

Kevin Lapwood, analyst at Seymour Pierce, has reiterated his 'hold' recommendation on business services firm Rentokil (RTO.L) following results that missed consensus expectations.

In the first quarter of the year sales rose 3.6% in constant currency terms, which was marginally better than expected, but adjusted operating profits declined by 6.7% to £33.3 million, significantly behind Lapwood's forecast of £42 million.

City Link, the group's parcel-delivery unit, continues to be a sore spot, with losses from the division rising 18.7% to £12.7 million over the quarter.

Robert Morton, analyst at Investec, said that getting City Link to pull its weight was vital for Rentokil: 'The key to the full year will be the long-awaited improvement in City Link,' he said.

The pest-control division for which the group is best known, meanwhile, has plenty of opportunities ahead. A mild winter in the US has lifted vermin numbers, and the rat population is soaring in Libya following last year's unrest, so the company plans to reopen its office in the country.

Shares in the group, for which Lapwood has a target price of 70p, closed at 83.20p on Friday, down 3.40p or 3.93%."


nk By nk1999 ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9613511&action=detail Mon, 07 May 2012 04:48:00 GMT nk1999 tag:iii.co.uk,2003:tst.9611817
http://www.independent.co.uk/news/business/news/rentokil-finally-catches-the-city-link-rat-7715678.html

nk By nk1999 ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9611817&action=detail Sat, 05 May 2012 14:46:00 GMT nk1999 tag:iii.co.uk,2003:tst.9608505
To clarify would you say the results were more 'poor than average' or more 'average than poor'.

Either way, great analysis and you've inspired me and no doubt a few others, to have a go over the next few days. I cant promise to match your profundity or depth of knowledge though. By Rubstic ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9608505&action=detail Fri, 04 May 2012 10:54:00 GMT Rubstic tag:iii.co.uk,2003:tst.9606996 http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9606996&action=detail Fri, 04 May 2012 06:14:00 GMT veksi tag:iii.co.uk,2003:tst.9560661 City link has been around for a long time and should know the game even if of recent years that has not been very apparent! I leased a building to one of their regional depots for many years and they were a good tenant, I sold the building with them in it, they were always busy.
My bet is that they will benefit and return to health but that R'kill will dispose of them at some point anyway, simply because the parcel delivery business will be a tough low margin game for a long time to come and the fit in RTO is questionable, but timing will be dictated by performance.
If it is of any interest I am staying with RTO for some time yet but have very little money in it.
DYOR By ianianf ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9560661&action=detail Fri, 20 Apr 2012 14:00:00 GMT ianianf tag:iii.co.uk,2003:tst.9560444
Are these imminent?

holder
By le professeur ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9560444&action=detail Fri, 20 Apr 2012 13:27:00 GMT le professeur tag:iii.co.uk,2003:tst.9558722 As a very small SH my hope is that it is the former! All comment welcomed. By ianianf ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9558722&action=detail Fri, 20 Apr 2012 08:50:00 GMT ianianf tag:iii.co.uk,2003:tst.9554458
http://postandparcel.info/47021/news/companies/struggling-to-cope-with-e-commerce-growth-yodel-to-hike-prices/

http://www.logisticsmanager.com/Articles/18258/DPD+drops+charge+for+one-hour+timeslot+service.html By Rubstic ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9554458&action=detail Thu, 19 Apr 2012 11:18:00 GMT Rubstic tag:iii.co.uk,2003:tst.9546340
By Rubstic ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9546340&action=detail Tue, 17 Apr 2012 18:33:00 GMT Rubstic tag:iii.co.uk,2003:tst.9500698 http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9500698&action=detail Mon, 02 Apr 2012 20:37:00 GMT Sick as a Parrot with H5 tag:iii.co.uk,2003:tst.9500690 http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9500690&action=detail Mon, 02 Apr 2012 20:33:00 GMT le professeur tag:iii.co.uk,2003:tst.9499597 http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9499597&action=detail Mon, 02 Apr 2012 14:50:00 GMT Rubstic tag:iii.co.uk,2003:tst.9419376
Today's 2p rise comes after Morgan Stanley went overweight with a price target of £1.05.

It was mentioned in the press that rumours of a private equity bid were behind friday's 4p increase. Not sure if there is any truth behind it (there usually isn't). The only thing that makes me wonder is that daily volume is double what it has been in previous months. The recent results might still be having an impact though.

I'm definitely holding on for the foreseeable.

Q1 Update on 1st May. By Rubstic ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9419376&action=detail Mon, 12 Mar 2012 15:53:00 GMT Rubstic tag:iii.co.uk,2003:tst.9409107
Rather like when a prime minister states that he is fully supportive of a prticular cabinet minister(who is in trouble) -- the resignation usually follows quite quickly.thereafter.

Views?? By le professeur ]]> http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9409107&action=detail Fri, 09 Mar 2012 12:02:00 GMT le professeur tag:iii.co.uk,2003:tst.9408480 http://www.iii.co.uk/investment/detail?code=cotn:RTO.L&display=discussion&id=9408480&action=detail Fri, 09 Mar 2012 10:35:00 GMT Rubstic