Ra Share Discussion Threads

[tiswas] 14/3/2024 14:33

on which planet is 200k dollars profit on $58 mill of sales a strong set of results?


When you lost $13m last year? 🤣

[rmillaree] 14/3/2024 13:48

on which planet is 200k dollars profit on $58 mill of sales a strong set of results?

i suggest the wording here is poor/wrong or that says everything we need to know about the company - ie that keeping hte lights on is job well done from their point of view.

should they not be looking to make 10% bottom line profit for shareholders on "everything they do?" ? - ot even 5%

i suspect $500 mill has passed through this company with zero overall profit delivered for shareholders.
who benefits from this company being listed?

[flc] 14/3/2024 12:43

Same, I think the underlying business is strong and they've clearly carved out a niche which they're starting to exploit. We just need to see more coffers hitting the bottom line and continued stability. Certainly one to keep locked away for a longer term investment.

[tiswas] 11/3/2024 09:44

Nice to see a trading update.

Not expecting fireworks overnight but thy seem to have steadied the ship and there could be a nice little business hiding in there at these prices.

[tiswas] 31/1/2024 13:24

The directors large holdings, the lack of newsflow. They should really take this off the market.

[apfindley] 18/9/2023 19:21

Beware.Pumped and Spiked.Don't get caught.

[rmillaree] 18/9/2023 17:31

perhaps the value of stuff being dished out is put in the public domain ?? if thatsb the case then we would be able to see i guess what % of awarded contracts they get (if any)

I am kinda guessing though if it was for something like 20 mill plus signed on the dotted line they would say - they may tell us later i guess

[tomboyb] 18/9/2023 13:41

The services which RA will most likely provide will be funded from a sub-lot allocated to the CSSF valued, in aggregate, at a maximum of GBP 375m (over 2 years). They relate to "providing and delivering operational and technical equipment to organisations in hostile environments in a Human Rights compliant manner", and include the following sub-themes:

Trying to get the wording right -

375mill is from a sublot to CSSF -

What value to RAI? -

[tomboyb] 18/9/2023 13:39

huge contract -

[rmillaree] 18/9/2023 13:35

"Even 10% of the 375 is still double the current market cap."
Yep but based on ever decreasing order book they probably need soemthing like this simply to stop the rest the sales decline.

Its clear they have been hard hid by covid and issues like mozambique but order book now is half what order backlog was back in 2019 - so they are well off getting back to where they were pre covid.

Note based on my reading of the announcement i took it that 375 mill was total available funds - presumably for all companies doing all stuff covered by that pot. Without them saying what % of that pot they think can quote for the 375 is pretty much a useless number.

[fegger] 18/9/2023 12:10

Topped up. Too heap for the potential here

[flc] 18/9/2023 11:14

If nothing else it was a bit of good news desperately needed to bring the share price back to life.

[norbert colon] 18/9/2023 11:13

Valuation has started to look interesting again for a while now and with ongoing sale of Moz land parcels their cash position is encouraging. Still have medium term notes overhanging. This framework does look like good news for RAI and you have to congratulate them for the quality of their bid. I've taken an opening position again.

[liam1om] 18/9/2023 11:13

Even 10% of the 375 is still double the current market cap.

[firestarter1] 18/9/2023 11:11

They may not get the full 375 but 50m is good

[flc] 18/9/2023 11:07

Wow, that one came from nowhere!

[flc] 14/9/2023 15:13

Really sad to see this completely deflating..who would have guessed we'd be here now when they've such a good story to tell. You could argue it's a good buying opportunity but i doubt anyone will bite until the smell of profitability is back in the air...not even sure the impending contract announcements will have any impact..it's almost as though they've given up trying to reassure SHs and the market.

[flc] 23/7/2023 08:20

Yeh, the pending contract looks to be in the region of £20m+ so may take things up a notch.

[norbert colon] 22/7/2023 09:00

Still forecast to be loss making for the next two years so it's probable albeit only one RNS away from a big contract win. I had high hopes for this business but they were very unlucky with the sad events in Mozambique and luck generally hasn't been on their side. Glad to have sold a while back.

[flc] 22/7/2023 07:16

Can't go much lower....surely?

[jere8184] 09/3/2023 14:36

Actually, i'll take back what I said, if it's not with immediate effect.

[jere8184] 09/3/2023 14:34

We'll its not like he's going to trash the company in the RNS and to me resigning a month before the financial report isnt a good sign, so my instincts telling me to sell out. I've done pretty well timing this company so far. But i'm here for the long ride and i'm not a very expirenced investor, so i'll probably wait around this time and get burnt

[flc] 09/3/2023 13:43

It can be if they're resigning with immediate effect but in this case he's leaving end of August and well after the Finals are posted next month. He's been there over 10 years so I guess it's just time to move on. I did like his leaving statement...'the opportunity ahead for RA remains significant'

[jere8184] 09/3/2023 12:14

Isnt the cfo leaving a bad sign?