Rm2 Share Discussion Threads

[dr biotech] 06/2/2017 08:01

If I had to guess, probably something more mundane. Voting rights, share allotment or appointment of a director etc. It's a bit sloppy though. Doubt it's anything bad, given they are pleased to announce it.

Edit: On their website it alludes to be something about the capital structure.

[pugugly] 06/2/2017 07:32

EGM Notice posted - Not apparently available on their web site nore Investigate -
Coulld this produce a false market in the shares as subject matter apparently not in the public domain. ?

What goes on ?? Delist ? Take private ? Placing/fundraising ?Appears we now have a period of confusion ?

Appears irregular to me.

Thoughts - comments - information.

[dr biotech] 03/2/2017 10:30

They could well be the worlds largest user of pallets, given their near $500bn turnover. Lets hope that gaining acceptance translates into gaining orders.

Also an interesting article here about blockchain and tracking your supply lines from farms to stores. It would be an ideal used for the iot pallet, something that wooden pallets are just not suited too.

hxxp://www.retailwire.com/discussion/what-will-blockchain-mean-for-retail-supply-chains/

[nw99] 03/2/2017 09:01

Rm2 thought to be Walmart according to the Times

[dr biotech] 02/2/2017 09:19

It is the sort of market that we need to get into. It should be a regular supply where they ship often enough for the pallets to be in a closed loop. If you are shipping monthly or more frequently a reusable pallet that will last for years makes much more sense.

[nw99] 02/2/2017 08:13

We are cracking the US markets agreed awesome isn't it

[my retirement fund] 02/2/2017 08:09

Cracking the US market is key.

[pugugly] 02/2/2017 08:06

It only (imo) means that suppliers are allowed to use them - Not that they have to. Unless pressure from the retailer to use it will be down to the suppliers to do their own sums and determine if it is in their own interests to do so. Jury still out.

[nw99] 02/2/2017 08:05

It's going north nothing else to say

[my retirement fund] 02/2/2017 07:56

It made a higher low let's see if a higher high awaits

[nw99] 02/2/2017 07:39

It will fly numbers not needed at this stage

[dr biotech] 02/2/2017 07:26

Positive news, but I'd like to see some solid numbers.

[nw99] 02/2/2017 07:21

RM2 (LSE-AIM: RM2), the sustainable composite pallet innovator, is pleased to announce that its BlockPalTM pallets have been approved by one of the largest US retailers for use by its suppliers, effective from 1 February 2017.

[montyhedge] 18/1/2017 18:56

Can't beat wooden pallets.

[tdog1975] 18/1/2017 15:26

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

[nw99] 04/1/2017 14:48

Nice move up

[my retirement fund] 04/1/2017 14:44

Looks like the recent in for a quick dime speculator/sellers types have been flushed out.

[dr biotech] 03/1/2017 22:22

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.

[pugugly] 03/1/2017 18:14

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.

[nw99] 03/1/2017 16:28

Up 30% I expect

[rjd1233] 03/1/2017 14:17

Down nearly 10% today, not sure where it will be when we get a further production update in Q1 2017?

[nw99] 03/1/2017 13:25

Not losing bought at 24 surprised you are still here

[glennborthwick] 03/1/2017 13:04

blimey monty you till about!!

[montyhedge] 03/1/2017 13:03

Lol, who are the thick ones losing money on this dog since flotation.

[dr biotech] 03/1/2017 13:02

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.