Rm2 Share Discussion Threads

[phowdo] 15/6/2015 08:23

Need to raise more funds before the Jam arrives.

"Although the Company retains strong cash balances ($82.8 million at 31 December 2015), as actual production levels build up, capital requirements increase. As a result, we are reviewing financing proposals and are confident of putting satisfactory facilities in place to fund expanded production against contracts."

[paul the octopus] 15/6/2015 08:18

dreadful results and surely don't justify a 200+ million mcap, £50 mil is best case or 18-20pshorters will have a nice meal here

[mrx9000] 25/5/2015 22:53

Not sure if you can compare a company making pallets to Amazon...

[my retirement fund] 25/5/2015 22:19

Ie The sort of game changing backing Amazon got pre dot com crash when such land grabs were an iniqma

[my retirement fund] 25/5/2015 22:17

Its just some unique business plan offering coupled with aggressive market position thanks to its finacial mite and executive mite not to mention investor mite.

[mrx9000] 25/5/2015 22:07

Am new to this company so perhaps someone can fill in a few blanks for me. This company has been trading since 2010 and every year has made a loss. It is forecast to make a loss for the years ahead to 2016. It has a new kind of pallet which is not patented or protected, hence can easily be copied? It is in the AIM100 index and is valued at £221m. What am I missing here. What can Woodford see here that I cannot?

[bamboo2] 22/5/2015 07:36

"Stay long" Definately. Nowhere near my target yet!

[petewy] 21/5/2015 17:10

i sold yday taking profits because of the amount of sales, today even worse.
How is it maintaining its price?

[skyship] 19/5/2015 09:47

nw - Woodford already held that 66.55m in the 28th April Holdings statement. That increased to 70.05m in the 5th May Holdings statement - see below. Now back to the 66.55m level again; so he was warehousing 3.5m shares for someone - or the 5th May statement was a miscalculation. Who knows!

----------------------------------------------------------
5 May 2015

RM2 International S.A.

Holding(s) in Company

RM2 International S.A. ("RM2" or "the Company") was notified on 1 May 2015 that Woodford Investment Management LLP and Invesco Limited now have interests in total of 70,054,011 and 25,269,500 ordinary shares in the Company, respectively, representing 21.7% and 7.8% of the total issued share capital.
----------------------------------------------------------

[nw99] 19/5/2015 07:09

Nice increase by Woodford

[bamboo2] 12/5/2015 13:05

"Meanwhile, we were able to increase the fund’s holding in RM2 International during the month. The business is still at an early-stage of its development but has tremendous potential to disrupt the pallet industry. Although it has suffered setbacks over the past few years, its recent contract win with PPG International is very positive news, in our view, and could herald the broader adoption of its composite pallets, which are superior to wooden pallets in almost every way: lighter, more durable and more cost-effective, as well as more environmentally friendly."

[kirkie001] 12/5/2015 10:06

my retirement fund - any particular reason why you use (at least) 2 usernames to post? (my retirement fund and My retirement fund)

[my retirement fund] 11/5/2015 23:07

#80 pence +

[bamboo2] 11/5/2015 20:47

Great stuff. eod close 68.25, target 82.

[my retirement fund] 11/5/2015 16:06

Yes and note the reduced daily volume thus far indicating that the share price may have to appreciate fairly considerably from here to find a further level of liquidity since as has been pointed out, the tap seems to have gone.

[zedder] 11/5/2015 15:41

Think I'd call that a chart breakout!

[pugugly] 11/5/2015 10:22

SKYSHIP: They have a very impressive portfolio - Very much a vote of confidence here.

[my retirement fund] 11/5/2015 09:06

Yes very positive

[skyship] 11/5/2015 08:00

Very positive "Holdings" RNS. Invesco out, so tap gone. JP Morgan Secs in and take a look at who Verlinvest are! A massive pallet user when able to do so:

[skyship] 11/5/2015 08:00

Very positive "Holdings" RNS. Invesco out, so tap gone. JP Morgan Secs in and take a look who Verlinvest are! A massive pallet user when able to do so:

[bamboo2] 08/5/2015 10:50

In for a few.

[nw99] 06/5/2015 16:41

Here we go