Our decision to buy a second tranche of Renew Holdings following their bullish trading update in September 2020 has worked very well…

The shares have formed a picture-perfect uptrend this year as the market continued to price-in Renew’s rapidly improving outlook.

With prices retesting their recent trend highs, we are going to crystalise our profit with a view to re-entering when Renew’s valuation becomes a touch more competitive.

Gross Profit:

First tranche = +52%

Second tranche = +85%