ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

RAM Ram Active

2.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ram Active LSE:RAM London Ordinary Share GB00B92FC877 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

RAM Share Discussion Threads

Showing 7776 to 7799 of 7975 messages
Chat Pages: 319  318  317  316  315  314  313  312  311  310  309  308  Older
DateSubjectAuthorDiscuss
08/8/2013
07:48
Like it or not, Tim Baldwin holds all the aces here. He can off load tiny packages of shares (at it already this morning?) that will drive this one into the ground with the plan, I would think, of picking this up on the cheap when it goes to the wall. The company has said it needs to raise funds - that is becoming more difficult as each day passes. A most depressing scenario and one that doesn't appear to be getting any better.
bonovox4
08/8/2013
07:17
My question is why did they feel compelled to release this RNS?
bonovox4
08/8/2013
06:54
So does anyone see them as a bargain and will be buying ?Seriously doubt it right now."T"
t-raider
08/8/2013
06:49
Taken from the results Eddie,


The results for the year to 31 December 2012 are disappointing. However the outlook is more positive.

You could well be correct.

cgod
07/8/2013
22:00
For sure, it's an RNS we could all do without but, for what it's worth, may I suggest that we all read the RNS again and ask ourselves what it really says about trading and, in particular, CURRENT trading?

We can easily assume that we're talking Hill Street here and heaven knows why they would think this sort of activity is a good idea. It may even be against market disclosure rules. Then again, it follows similarly disruptive activity at the AGM so it's not hard to assume that the exit wounds have apparently unbalanced the common sense.

That said, does it really amount to anything substantive? On the subject of the first example at the AGM, it's pretty clear that the unpassed resolution(s) can easily be passed at a future EGM, assuming more of the missing 40% of entitled voters can be brought to bear on behalf of the Company.

We may also want to reflect on TB's aborted attempt to oust the new guys and get back on board. Hardly the sensible actions of someone thinking RAM is doomed? More a suggestion that there's something worth fighting for? Not to forget that Ruffer, a highly-respected boutique broker accustomed to success (by all accounts), recently invested yet another £300k. Especially after their history with RAM, did they do that without any due diligence and without any knowledge of what the new team has in mind for the future here? Who do we think our new Chairman represents?

Turning to today's RNS, so first quarter revenues are apparently lower than the same quarter in 2012? I'm minded to say not great but so what? Don't we need both quantum and context here for anything to be meaningful?

For example, "lower" means what exactly? 25p or £250k? How can we know? And what about overheads? Were they not also very significantly lower in Q1 2013 than in Q1 2012 following costcutting and have been trimmed even further since then, not least the removal of the previous 6-figure salary (and car, if I'm not mistaken) of a certain person?

RAM now operates out of cheaper premises; with a much leaner Boardroom; and the fat has been significantly trimmed in other places too I have no doubts. Surely, a number of benefits there to offset "lower revenues" in what, after all, is known to be the quietest of RV's quarters? No major contracts for TFX at that point either but we know that already and we also know that situation has changed considerably for the better recently.

Whatever, surely revenues on their own mean absolutely nothing and it seems to me the new Board is saying here that they will not be brow-beaten into releasing Company figures until they are ready to do so i.e. 6-monthly and annually, as previously. It should be no surprise that fire is being fought with fire. Look between the lines in cases like this. On the face of it, both sides appear to tussling over something worth having rather than the reverse.

Beyond this, there seems to be the matter of current trading. Where in this letter did it mention the recent multi-million contracts won by TFX; RV's leaner, meaner operation aimed at profitability; RAM Interactive's 3D mission; the significantly reduced overheads; and the forward outlook for all these existing businesses and also the new Board's plans for bolt-on operations such as, but not necessarily limited to, Stream?

All things considered, I think there is good reason to take a step back here and wait for events to unfold. In a sense, what other choice is there? Nevertheless, to paraphrase Mark Twain, I believe reports of a death around here may be greatly exaggerated!

As ever, DYOR.

steddieddie
07/8/2013
18:58
I don't suppose we need bother guessing who "the shareholder" is
fozdad
07/8/2013
18:53
a most interesting rns if i have ever seen one, and certainly does not inspire confidence :(
napoleon111
07/8/2013
16:22
When you think that things can only get better, and look what pops out. We are all locked in, and they are going to find it hard to get the cash now. Tim is not helping playing games like this, it looks like another AIM for the bin.
cgod
07/8/2013
15:36
Wow... that's some feat..... the entire 2012 trading year was poor... so to set the bar low and still miss it is disappointing.

"T"

t-raider
07/8/2013
15:27
Someone going to be in the soup !
yorgi
06/8/2013
09:41
Some are mooting a renaissance for AIM... will RAM miss the boat ?

"T"

t-raider
05/8/2013
10:42
I sse everyone's scrambling to get a few RAM in their ISA.... err... not !

"T"

t-raider
01/8/2013
09:57
You sense the BoD underestimated the ire of the disgruntled shareholder(s), but I understand it shouldn't impact plans overall.

(More ) Time will tell I suppose..... Would be nice to understand the company's objectives as thety stand at the moment.

Stay in existence and make some money hopefully.

"T"

t-raider
01/8/2013
07:36
Could do with that up date.
cgod
01/8/2013
00:36
Well, it's clear that one or more large investors voted against the disapplication of pre-emption rights. Therefore, pre-emption rights apply.

Pre-emption rights are enshrined in Company Law and are intended to protect shareholders from having their shareholdings diluted by the issue of more shares FOR CASH, UNLESS the Company has previously offered them on the same or more favourable terms to its existing shareholders:



Given that this was the stated intention in the Stream RNS last year, I'm not sure what difference this vote makes to any funding plans. It certainly would appear to bring forward the need for an updating statement. Well overdue to say the least.

In the meantime, at least one major shareholder thinks this action is for the best, perhaps to disrupt, perhaps until plans are made clearer. Either way, it looks far from the end of the matter because the number of votes cast today seems to be only about 60% of the shares in issue.

So, given the closeness of today's vote to being passed, if the result does indeed turn out to be a real obstacle to any plan, there seems to be plenty of scope for management to charm a few more votes of the missing c. 40% in their direction on another vote at a future EGM.

Thing is, the current silence is unlikely to charm anybody!

steddieddie
31/7/2013
21:06
Not sure I quite see it like that... As for the late rns... Will see tomorrow I guess !"T"
t-raider
31/7/2013
20:48
Take it from me, we are F----d, Tim will take us for free. could be 2p or under tomorrow. Another AIM stock of mine that has shafted me. that's why RNS at 6pm, hoping we have all gone home. Now you know why no one is talking to you "T".
cgod
31/7/2013
20:04
Not entirely sure of the ramifications of Resolution 6 not being passed.

With only half a dozen or so entities in the know, can't tell as a private investor whether its a bad result or not.

With no transparency in the company's activities, how can we cast a vote either way ?

Having to take it all on faith at the moment....

"T"

t-raider
31/7/2013
18:00
TB has put a spanner in the works.
genises
31/7/2013
14:43
10am this morning... I didn't attend as was told it would be perfunctory.Sure we'll see the obligatory.. motions passed.. rns in due course.Nothing to do but be patient right now."T"
t-raider
31/7/2013
13:48
What time was the AGM?
cgod
29/7/2013
07:54
I tend to agree... especially with small company's and that's why I'm reticent about attending.... have better things to do than waste my time.

I did ask the company if there would be an investor presentation... I wasn't accorded the courtesy of a reply.

"T"

t-raider
29/7/2013
07:31
Genises - AGM's are a non event.
bonovox4
28/7/2013
20:39
What % do the directors need to get for being re-elected.

Hopefully we will hear of news of other potential contracts at the meeting.???

genises
Chat Pages: 319  318  317  316  315  314  313  312  311  310  309  308  Older

Your Recent History

Delayed Upgrade Clock