Rm Share Discussion Threads

[bluemarlin] 02/3/2005 10:54

here we go

[bluemarlin] 02/3/2005 08:33

It looks as though the additional listings was the reason the price had been going down. Now that this news is out the share price should start to sail again. Chart looks very good. Price is going up with only a few buys. Got to be good.

[bluemarlin] 28/2/2005 09:32

Looks as though the sellers have all gone and the buyers are back. Charts suggest a nice uptrend with a good run to the upside.

[bluemarlin] 22/2/2005 08:03

I think we will see a lot of buys today and hopefully an increase in price.

[kroberts] 21/2/2005 17:28

WWW.THEWRONGPRICE.COM recommends adding these to the portfolio.

[m.t.glass] 17/2/2005 14:56

The length of time and effort it takes, to get from preferred-bidder or sole-bidder status to actually signing a deal, can cost a fortune. The longer/costlier the time, the greater the negotiated margins need to be to recover those costs - otherwise it can be several years into the contract term before gains move ahead of costs. I wouldn't expect RM to publicly reveal what terms they negotiated (although the local authority accounts over time would do so for anyone keen enough to check against RM's declared contract value), but presumably some analysts will have been given enough clues to make a judgment.

[cat] 17/2/2005 14:20

from Holway:

16 Feb 2005

15:18 RM signs £17m PFI deal with Lambeth LEA

Tola Sargeant


RM, supplier of ICT and other services to the UK education sector, has signed a £17.1m/8-year PFI contract to deliver a 'Connected Learning' service to schools in Lambeth Local Education Authority (LEA). Under the agreement, RM will provide a complete educational ICT service for six mainstream secondary schools, two secondary special schools and two pupil referral units. In addition to the initial commissioning of the service, RM is responsible for the day-to-day management and one major strategic technology refresh. RM announced that it was the sole bidder for this project almost a year ago (26th March 2004).

Comment: It's really no surprise that RM came out on top in this competition. Scale, experience of large, PFI-style contracts and a track record in education ICT will all have been important considerations for the DfES; and RM has ticks in all the right boxes. The education-focused player tops Ovum's Education rankings with UK S/ITS revenues from the sector of over £120m in its latest fiscal year. As such it is comfortably ahead of the sector's #2 player, Capita, which has comparable revenues of c£100m, and the rest of the pack whose education S/ITS revenues typically range from £10-£40m. What is more, RM can now lay claim to supplying three of the Department for Education and Skills' four Pathfinder ICT projects. The other two it secured are with Newham (£20m) and Warwickshire (£16m). The experience RM has gained from bidding for (and winning) these PFI deals ought to stand it in good stead for the next major opportunity in th! e UK education sector: the Government's Building Schools for the Future initiative, the first wave of which is scheduled to begin in early 2006.

[bluemarlin] 16/2/2005 12:48

Just bought back in. News looks good and charts seem excellent

[m.t.glass] 16/2/2005 07:55

RM awarded £17.1 million Lambeth LEA 'Connected Learning' ICT PFI project
16 Feb 2005


RM plc, the UK's leading supplier of ICT and other services to education, has signed a £17.1 million PFI contract to deliver a Connected Learning service to schools in Lambeth LEA (Local Education Authority). The Group announced on the 26th March 2004 that it was the sole bidder for this educational ICT project.

Under the eight-year contract, RM will provide a complete educational ICT service for 6 main-stream secondary schools, 2 secondary special schools and 2 Pupil Referral Units in Lambeth. This service will include fully managed Community Connect networks in each school, along with a range of digital learning resources hosted within RM's Kaleidos virtual learning environment. RM will be responsible for the initial commissioning of the service, day-to-day management over the eight-year contract term, and a major strategic 'refresh' during the life of the project.

Commenting on the award of the contract, Phyllis Dunipace, Executive Director of Education for Lambeth LEA, said:

"We are delighted to be embarking on an eight year strategic partnership with RM designed to improve both efficiency and standards of teaching and learning in the schools that have chosen to participate.

"The Lambeth Connected Learning Project is one of four special projects selected by the government to find effective ways of using technology to transform education."

Tim Pearson, CEO of RM, added:

"The Lambeth project is the third of three DfES ICT PFI projects that we have bid for and won. Each project focuses on a different approach to educational ICT, and the three projects together demonstrate RM's unique ability to deliver sophisticated ICT systems that help teachers teach and learners learn.

"As with our other recent PFI projects, the Lambeth LEA Connected Learning service builds on RM's Learning Platform architecture. The knowledge and experience we have gained through bidding and delivering these PFI contracts - and our other strategic education projects - position us well for the DfES' Building Schools for the Future initiative."

- Ends -

Notes to Editors:

The Lambeth PFI project is the last of four pathfinder DfES-funded contracts to be awarded, all of which are aimed at raising educational standards through the innovative application of Information Communication Technologies. RM has bid for and won three of these projects (Lambeth LEA, Newham LEA and Warwickshire LEA).
Service delivery will start in May 2005 and turnover from the contract is expected to be broadly flat across the life of the project.
Financing for the PFI element of the project will be provided for from RM's cash resources. The peak financing requirement is expected to be £4 million in 2006. Note that this is in addition to the Group's usual underlying capital expenditure and the previously reported £8.2 million capital expenditure requirement of the Warwickshire, Newham and Dudley PFI projects.


For Further information contact:

Mike Greig/Phil Hemmings, RM plc 08709 200200
Fiona Laffan/Mark Antelme, Brunswick 020 7404 5959

[johnpaul1] 11/2/2005 18:25

i am in a similar position blueM. I am up 120% and am wondering what to do now. the share is going up, so no problems there. £2 is going to be a big barrier, but if it clears this then we should see £2.40. are their any experienced chartists who have a view on this share ? Opinions appreciated.

[bluemarlin] 10/2/2005 16:56

Been holding this stock now for nearly 2 years and made 100% profit. Wish I could say the same about some of my other picks. Just sold today. No particular reason but when do you sell. The charts still look good so just being cautious and banking the profits while I can. If the price drops I will probably go back in.

[m.t.glass] 08/2/2005 13:54

Seven MMs have upped their prices since the last visible trade.. (just a big 1:22pm buy to show later?)

Upped my sbet..

[ben gunn] 04/2/2005 17:14

Perfect chart almost.

[johnpaul1] 27/1/2005 10:54

10.30am today and things start happening ? whats going on i wonder ?

[analyst] 19/1/2005 10:25

... and another £728k yesterday.

[analyst] 14/1/2005 13:14

Looks like someone topped up with £500k worth.

[johnpaul1] 07/1/2005 17:02

someone has reduced

[dil] 22/12/2004 13:38

... and if we're wrong M we can blame Dailos.

[dil] 22/12/2004 13:37

Lift off we have lift off ..... whoooooooooooooooooooshhhhhhhhhhhh

:-)

[martini] 05/11/2004 19:07

... and trying to break out once more.

[blunderbuss] 17/9/2004 13:05

I hope followers took advantage of the recent downward drift, followed the Directors lead and topped up. The companies diversification strategy looks good to me, they are buying companies which complement RM and have good profitability.

[martini] 15/9/2004 20:58

Ticking along nicely even if I can't make head nor tail of the trades.
Getting into interesting territory at 150/160 but if the number of posts are any judge not being driven by traders at present.

[martini] 10/9/2004 10:26

RM buys TSS Group for up to 11 mln stg
I see - someone seems to have known and thinks it is a good fit.

[blunderbuss] 09/9/2004 18:22

I agree with the other bb thread, money to be made.

As long, that is, as you are considering medium to long term. I restrict any short term trading to a small %age of my holding.