Robotic Technology Share Discussion Threads

[leapinn] 01/10/2009 16:34

The divi was credited to my TDW account yesterday....

[chrisdgb] 29/9/2009 13:38

The acquistion company get their man a seat on the Board, at least will help constructive discussions going forwards....

[chrisdgb] 21/9/2009 09:02

when do we get the dividend payment?

[joan of arc] 17/9/2009 18:59

Well spotted SLJ. So do we all rush out and buy more RTS shares? Clearly JF (of Money Week fame) did not move the earth for the punters!

[slj] 15/9/2009 14:12

RTS has money in the bio-bank
James Ferguson

September 15, 2009

A COMPANY'S push into the fast-growing life sciences sector is helping to put it on course for profit.

Robotic Technology Systems, which earlier this month announced talks over a possible takeover had collapsed, is making strong sales of equipment to pharmaceutical companies across the globe, from the United States to Israel.

The life sciences division at RTS, which is based at Irlam, has a healthy £4.7m order book and analysts believe this will fuel the firm's surge into the black.

Michael Campbell, of Collins Stewart, is forecasting earnings of £200,000 for RTS this year, against losses of £1.1m and £1.5m in 2008 and 2007 respectively.

In addition to its success overseas, the life sciences division is making an impact closer to home.

This month marks 25 years since the discovery of DNA profiling, and RTS is helping in the fight against disease by equipping the world's biggest DNA database.

From an unassuming warehouse on an Irlam industrial estate to the west of Manchester, its experts have provided the equipment that powers the UK Biobank in Stockport - the largest of its type in the world.

The three-year project will see DNA samples taken from 500,000 people with the aim of tackling genetic illnesses including cancer, heart disease, diabetes, arthritis and dementia.

Gary Walsh, managing director of the life sciences division, said: "Biobanking is a new market for us, working with government and academic research institutions.

"The UK Biobank is the leading project in the world and we have already developed second generation equipment for similar schemes in Europe."

RTS technology also enables pharmaceutical giants to quickly and accurately access the industry's `crown jewels' - storage facilities containing 57m different chemical compounds, each of which holds the potential to treat or cure a disease or condition.

Audited

These chemicals must be precisely measured and audited before being stored under specific conditions - commonly at temperatures of minus 20C - and must be instantly accessible by scientists.

RTS supplies the software and hardware, as well as installation, training and maintenance. It has registered 12 patents for its innovations.

While the company, which employs 110 staff, has been through some tough times - it sold its nuclear engineering business in 2006 after expansion plans failed to achieve expected results - its focus on the life science markets is bearing fruit.

Mr Walsh said: "Our order book is up, our turnover is up and we are recruiting.

"We have a great relationship with eight of the big 10 pharmaceutical companies and we have the capacity to offer integrated systems rather than particular products.

"Our staff are high calibre, highly technically competent and a real asset of the company. They are incredibly important to what we deliver." Research and development is a crucial part of the RTS, which invests five per cent of its turnover in developing new products.

Another emerging market for the life sciences division is automated drug delivery testing, which includes equipment to test an asthma inhaler hundreds of times to ensure it is supplying the right drug dose throughout its lifespan.

[helpaargh] 08/9/2009 18:17

Has RTS any involvment with swine flue vaccine? I see Novartis cannot keep up with demand

[chrisdgb] 03/9/2009 16:45

apparently Charles Stanley have been talking about the company to their private clients, anybody heard this?? what their recommendation is?

[addict] 03/9/2009 16:27

I wonder whether our 24% outfit will be buying shares in the market.After all,they effectively got their shares for 3.8p after taking account of the special dividend.Unless I'm mistaken they cannot re-bid withib 6months,but they can accumulate shares up to 29.99%.DYOR

[leapinn] 02/9/2009 13:54

cheers guys - live and learn.....

[colonel a] 02/9/2009 13:39

Leapinn,

Because the register gets updated 3 days after a trade.
So the price has effectively gone up 0.5 today since the shares XD no longer pay the 1p divi.
I think.

[chrisdgb] 02/9/2009 13:35

Meant to say, looked at the Doerfer website, still seems to be a living/breathing company....not sure about the financials...anybody??

Remember the loan notes have been written down to zero and could worth the market cap..

[chrisdgb] 02/9/2009 13:33

xd date can be different from register date..

[leapinn] 02/9/2009 13:04

I wonder why this is marked up as XD on my monitor today - Sept 2nd ?


The Board declares a payment of a special interim dividend of 1 pence per share
to those shareholders on the register at the close of business on 4 September
2009

[joan of arc] 01/9/2009 15:56

I am glad the offer didn't work out. I agree with Droong's observation. Mind I wouldn't be so conviced about IAV's commitment to support over the long term. Clearly people will now suspect an overhang for some time to come and this will put a definite upper bound on the price just as the net assets will put a lower one in place too.

[deep powder] 01/9/2009 13:22

Agree, long term winner, financially very strong and as you highlight if Doerfer cough up, loads of cash...

[addict] 01/9/2009 13:20

There are still hidden treasures here-in particular the loan note income-hence the special divi with potentially more to come over time.Can't complain all things considered-would hate to have sold out too cheaply in this difficult environment.

[latifs100] 01/9/2009 13:00

do we still get 1p divi payment? tia

[arc2006] 01/9/2009 12:42

Yes, it does seem we are in a very strong position going by the latest set of results and the offer was just not good enough. Good to see the statement from Industrial Acquisition Vehicle Ltd saying they intend to support the company despite not coming to an agreement over a full takeover.

[droong] 01/9/2009 12:36

On balance I am pleased that the offer was not accepted by the Board. I suspect that it was fairly close to the market price and therefore the Board deserve credit for turning it down. Also it confirms that they have confidence in the future growth of turnover and profitability of the company 'going it alone'.

[addict] 01/9/2009 10:41

That's that then-for the time being at least.Would love to know what the offer was.Now we await the 1p special dividend.

[addict] 28/8/2009 15:11

The special dividend payment date seems to be open at present...'for those registered on 4th Sept'.If a bid goes through,I guess it's likely to be prior to the anticipated payment date.

[deep powder] 28/8/2009 08:50

Business now in great shape, for a bid to go through, starting to look like 10p will be needed per share..

[leapinn] 27/8/2009 10:10

They paid 4.7p for the first tranche when the share price was 3p so I expect they would have anticipated going much higher for the remaining shares.