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||EPS - Basic
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RM2 Int Share Discussion Threads
Showing 601 to 624 of 625 messages
|Can't beat wooden pallets.|
|On it's way back to 22p, needs a market reality check to confirm if this business model will work. staying out for a while longer|
|Nice move up|
|Looks like the recent in for a quick dime speculator/sellers types have been flushed out.|
my retirement fund
|Production was certainly the problem last year. If management is to be believed then all this years production has already been allocated. Moving forward they would want a mix of sales and rental. Without knowing the margins it's hard to say what ratio.
In my previous job there were plenty of customers that specified non wood packaging - finding these in closed loop systems will be the key.
They did allude to a deal that was under signature for $1m pm. That was some months ago. I'd like an update on that. Whether the customer has got cold feet, or is awaiting samples from he new facility or was one of the deals recently released I'd like to know. That would help with cash flow and to raise financing for a pallet pool.
The iot thing is interesting, but we will have to see what the demand is. There is no point adding a tracker to a single or low use pallet so they should have less competition for those.
The next three months will be crucial for production, the next six will judge whether the product is up to scratch, the next 18 will then be a judge of commercial success or not. In my mind it's a 50:50 chance to make 4-5 times my original investment. A gamble, but I like the odds.|
|Production (imo) is not the major problem. Major problem appears to be trade acceptance - management of pallet pool - and what appears to be failure of rental business model and forced acceptance of pallet sales rathr than rental - This - in principle is likely to redeuce net revenue but is very much more caspital light - However coy does not supply sufficient data (imo) for me to compute likely bottom line results.|
|Up 30% I expect|
|Down nearly 10% today, not sure where it will be when we get a further production update in Q1 2017?|
|Not losing bought at 24 surprised you are still here|
|blimey monty you till about!!|
|Lol, who are the thick ones losing money on this dog since flotation.|
|Not allowed to use wooden pallets in multiple different applications. They are a problem, not to mention the environmental costs. But I've mentioned that multiple times, monty is a bit too thick to understand.|
|my view is that the company has a lot to prove. They have wasted a lot of money on trying to manufacture it themselves, and also on what they initially produced with the powder coating rather gel coating. They will also need to raise a lot of finance to create a pallet pool and we need to see more sales. So big risks ahead.
However the gel coating seems OK, outsourcing the pallet manufacturing helps (will have to see whether Trump is full of bluster, that is a potential bump with the Chinese plant) and they have signed up some decent customers, so it's a lot less risky than it was this time last year. The potential is huge, if they can get 3% of the market then it would be worth multiples of what it is now.
For me it's a punt - 2% of my ISA. The sort of share that I log on to check for news, rather than the boring funds that make up the rest of my holdings|
|Its seems to me companies like this try to solve problems which are not there, wooden pallets are cheap and last for ages.|
|Looks (imo) as though realism is starting to return - Unless and until major acceptance achieved RM2 will (imo) remain a limited and costly niche player in the transportation market - OK if they can make a breakthrough there could be profit but a massive amount of capital already gone to money heaven - Jury still very much out (imo)
Declaration Initially bought in Jan 2015 and sold in June 2015 as lack of traction (however 30% profit) Bought back again Sept 2015 but bailed out again the following month as lost confidence in management - Sold at 46p - Cannot at this stage justify to myself a solid reason to reinvest.
good luck to all those who hold an opposite view - Agree with Dr B likely going to be very volatile. Pallet tracking could be the key but (imo) need to see how successful in practice including linkage to pallet contents -
Other views ??|
|Profit taking I expect|
|Going to be a volatile few months here...|
|Welcome on board hibberts. Not without risk, but I am hoping this will be a year of significant achievement.|
|Your trade will be justified just reading up about these new pallets very exciting product .|
|Ive had these on my watch list for some time and now looks like a good time to buy in so
I have taken the plunge.
Good luck to all holders.|
|I know Dr Bio just spammers|
|They raised 20m recently, so short term cash not an issue. humptydumpty hasnt a clue.|
|So funny how the people that have missed the boat come on posting rubbish ..|
|Almost out of cash Deeply discount placing coming SOON|