Rm2 Share Discussion Threads

[stegrego] 24/9/2015 07:57

Indeed phowdo, indeed.
Pity I never short anything as this would have been a corker.

[phowdo] 24/9/2015 07:53

Some of us were calling it a while back.


Stegrego 25 Jul'14 - 18:40 - 96 of 369 1 0
I think woodford must have been smoking something when he bought these....
Absolute steaming pile.

phowdo 25 Jul'14 - 18:47 - 97 of 369 1 0 edit
Cant see the attraction either.
You could penetrate the moat here with a few wooden pallets found by the roadside.

[johnwise] 24/9/2015 07:30

Removed from watch list

RM2 International SA Operational Update

[zedder] 22/9/2015 16:02

Carrying on the hokey-cokey with this one, the 11500 at 61.2p was a buy:

02-Feb-15 buy 9700 at 0.5047
09-Mar-15 sell at 0.63750 for 25.8% gain
12-Mar-15 buy 9837 at 0.629
15-Jun-15 sell at 0.66 for 4.5% gain
17-Aug-15 buy 11000 at 0.618
28-Aug-15 sell at 0.6452 for 4.0% gain

[skyship] 26/8/2015 08:32

Bizarre to see that over the past 3-4 weeks of massive sell-offs - RM2 has actually risen - most likely courtesy of Woodford...

[pugugly] 17/8/2015 12:31

IMO:> Too many chiefs not enough indians.

Decisions to change pallets cannot usually be enforced from the top - The motivation usually needs to come from the bottom.

[paul the octopus] 12/8/2015 16:23

1p by next fund raise, money running fast, no revenues, pie in the sky case, car crash pretty soon

[reddave999] 20/7/2015 16:18

High volume of sells today.

[hpcg] 06/7/2015 16:13

That already happened immediately after IPO.

[webpax] 06/7/2015 15:00

So many similarities with TUNG (recent IPO/strong management/director buying/strong institutional support/heavily loss making/"disruptive"/global potential/strategy changes/heavy cash burn/need to raise money to fund expansion etc.) Only RM2 still retain their £200m+ Market cap. I wonder if they are worried they will be targeted next by the shorters?

[hpcg] 06/7/2015 11:06

Price tells us there is no need to own the share at the moment. We can simply wait for the story to unfold one way or another and act or not act without having to anticipate the future.

[my retirement fund] 06/7/2015 10:17

Hmm no mention about the change of business plan from service contract supply to direct sales. As there are already a number of other manufacturers making plastic pallets for specialised markets I am surprised to see them talking about a head to head in this arena too.More factories will clearly mean further fund raising.I am not enamered by this story.

[masurenguy] 06/7/2015 08:58

The most interesting angle in this article was the basic summary of the market potential for the new pallet and the strategy that RM2 are adopting in order to exploit it.

"RM2 believes that its products will do more than 100 trips before they need to be repaired or recycled. Even the best wooden pallets rarely make 20 trips. RM2 came to AIM at the end of 2013, raising £137m to invest in the full-scale production plant that we are sitting on top of. For now, RM2 is targeting specialist markets: food producers, which need to clean pallets; shippers of high-tech, high-value components; the suppliers of healthcare products; and the beverage industry. Mr Walsh is drawing up plans to open two new factories in the US and the UK by the end of next year.

A move to the main market is also planned for next year or early 2017. “AIM does function in that it gives early-stage companies the ability to raise money,” he says. “ But if you’re a company like mine with a market cap of £230m and you ask a market maker for a market, you will get a market in 10,000 shares, £7,000 [worth of] shares. “So you can have days when our share price can move 3 or 4% on less than £100,000 of volume. It is a bit ridiculous.” For now, though, the focus is on convincing potential customers of the benefits of the RM2 pallet. “We are part of progression,” Mr Walsh says. “The design of the pallet hasn’t changed for 75 years. How many products can you say that about?”

Complete article here:

[webpax] 06/7/2015 08:05

Nice big write up in this morning's Times. Interesting they plan to move to the Main market in 2016 or early 2017 - hadn't heard that before.

[skyship] 05/7/2015 08:19

petewy - good comment - "Without Woodford funds where would they be?"

Still back at the 50p low I suspect; perhaps even lower!

Still, the run in May/June gave many of us a welcome turn; and with a little patience we may get a 2nd bite at that cherry...

[hpcg] 15/6/2015 11:01

I'm out too, but more because I can't see the benefits of being in.

[pugugly] 15/6/2015 10:05

Out also but not printed yet - Agree with MRF re Aerobox - Amost get a feeling here too many Chiefs from high level positions who may have forgotten their experiences as Indians -

Gut feel suggests the company may also need to be selling from bottom up rather than from top down - I may be wrong and would appreciate comments (all imor dyor cautions etc apply)

[petewy] 15/6/2015 09:41

I sold at a profit a while ago but mrx 9000 said it 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?"
Needs an answer.
Without Woodford funds where would they be?

[my retirement fund] 15/6/2015 09:12

I dont hold here at present having sold at a profit a while ago. No one was expecting fireworks. I read the cash statement as alluding to increasing banking facilities rather than a placing. This would make sense in view of the recent direct purchase orders they mention as clealry cash flow could be constrained with such larger orders. Perhaps invoice discounting and a larger overdraft for example.I think its to early to say.I think the main dissapointment was no anouncment of any larger new ongoing contracts to reveal in tandem with the results.

[masurenguy] 15/6/2015 08:43

Been watching this one from the sidelines for a few months now. A little reminiscent of another company who made containers a few years ago, named Aerobox, which eventually went under. This could have a different destiny but they still have a long road ahead and much to prove in this context.

First up they need to strengthen their balance sheet with another round of fund raising to see them through the next couple of years. The placing price may put a floor under the shareprice so it really does not make much sense to consider any investment here until this is established and a successful fund raising is completed. At that point this should be worth a further review.

[nw99] 15/6/2015 08:26

Taken large profits here will buy back in if it comes back.