Ra Share Discussion Threads

[jaws6] 15/12/2020 07:52

FOR post 263 pl try this
world.co.uk/events/

[rivaldo] 15/12/2020 07:49

Shanklin, I think you have to be very careful before making judgements from Stockopedia.

Cenkos were house broker, and they withdrew their forecasts long ago due to the pandemic. I suspect that what Stockopedia are showing are the original forecasts from a year ago, which are well and truly out of date.

[tomps2] 15/12/2020 07:48

To join the RAI webinar on Thursday 17.12.20, 1pm, register here:

[wee jimmy] 15/12/2020 07:40

This has cleared the air before year end. Now time to look ahead and prepare some relevant questions for the company online presentation on Thursday.

[shanklin] 15/12/2020 07:39

Great looking business but struggle to believe they have not had the courtesy to give some indication of PBT. The own goals in their high levels of communication are difficult to believe.

And revenue is lower than the forcasts shown on Stockopedia. Why have they not just adjusted expectations previously or commented on what, with Covid, is not a big miss.

Just get somebody competent on board to communicate with shareholders.

[flc] 15/12/2020 07:27

No shocks there then and slightly relieved. Growing order book and significant bids happening in the background so hopefully more news of major contracts on the horizon. No update on Mozambique but at least we can look forward to a bumper 2021...let's hope we are blue today.

[rivaldo] 15/12/2020 07:24

Today's H2 trading update looks pretty encouraging, both historically given the pandemic and even better looking forward.

2020 revenues will be at least $63.4m, which is only around 8% down on the prior year, and gross margins are only a couple of per cent down on last year.

RAI had over $20m net cash at H1, so should still be well financed going forward.

The order book is now terrific at $187m, and the commentary is bullish with the prospect of new and larger contract wins to come:

"Soraya Narfeldt, CEO of RA International, commented: " We exit 2020 encouraged by our financial performance during the year, our contract momentum and growing order book.....

...We are growing with our customers, with clients recognising our global reach, and we are bidding on large, high value contracts, including a number of potentially significant bids in the commercial sector, a key growth area for us which is building real momentum."

[flc] 12/12/2020 07:33

Agreed Jimmy..the northern based site in Mozambique was specifically acquired to support LNG projects and resources there are huge. Total have recently closed a multi billion dollar senior debt facility to acquire Mozambique LNG so I wouldn't be surprised if they are a major anchor tenant which would be another significant contract in the bag.

[wee jimmy] 11/12/2020 21:57

Communication has been somewhat thin of late. Hopefully the new IR firm that came on board very recently will do a good job when updates come through. 2020 is virtually behind us so looking forward to management giving at least SOME indication on the second half plus the outlook for 2021 which will be more important.
FLC re Mozambique this could be absolutely huge and RAI were there early with the purchase of real estate. I want to hear more from the management on this when they next report. (House broker and IR take note please if you look at this BB!)

[mcbabs] 11/12/2020 19:44

The over reaction is just because the share is illiquid so does not take much to send the share price down. I bought in last week but don't always like it when directors hold such a large position 80%. To cheap not to buy in my opinion though.

[flc] 11/12/2020 11:18

Hopefully it will be positive and I'm hoping we get some good news about Mozambique where it has all gone a bit quiet. The interims did mention that Covid would have a material impact on financial performance and as H2 is typically the stronger half then we may see this being weaker with contracts pushed in to 2021. The problem with RAI is when there's the slightest blip the market over reacts but lets wait and see.

[sev22] 11/12/2020 08:08

RAI provided a trading update on the 18th of December last year and the 17th of December in 2018. Therefore one would assume some latest news for 2020 next Wednesday/Thursday. I am expecting the update to be really positive.

[rivaldo] 07/12/2020 15:41

Ticking up again after a £10k buy. I get the feeling there isn't much stock around now.

[sev22] 04/12/2020 10:25

Looking really positive from a technical perspective.

[tiswas] 04/12/2020 08:59

I already have a decent sized holding here.

I had thought of adding further but this share is a great example of one of those investing conundrums. Do I apply a stop loss and bail on the basis of the price action and someone must know something I don't.

Or is it a case of there must be a seller and once they are cleared normal service will be resumed.

On past experience it has been the first example more often than not and I have been hit for not getting out or applying stops. But if value is indeed the new momentum then great value shares like these will have their day. With a limited float share selling will exaggerate the falls in the short term but value should prevail.

Here endeth the sermon.

[rivaldo] 04/12/2020 08:49

Indeed Norbert Colon - the doubled order book puts things nicely into perspective.

Certainly looks like the overhang has now cleared. Back to 60p hopefully.

[norbert colon] 03/12/2020 22:13

Interesting to note that the valuation of RAI is the same now as it was in Dec 2018, yet since Dec 2017 the order book has doubled from around GBP90m to around GBP180m now. FY results will be "materially impacted" by CV19 but this must all be in the price now. Hoping for some clarity in the trading update.

[flc] 03/12/2020 14:25

It certainly is so let's hope we get some nuggets over the coming weeks.

[arregius] 03/12/2020 12:26

This is VERY CHEAP

[dangersimpson2] 03/12/2020 11:34

With the overhang gone this is starting to move on any buying again. Hopefully, we'll see a similar-sized reaction to overhang clearances such as those that happened at DRV, STAF & OPM recently.

[norbert colon] 02/12/2020 19:45

There was one this time last year:https://www.investegate.co.uk/ra-intnl-group-plc--rai-/rns/contract-win-and-trading-update/201912180700062879X/

[wee jimmy] 02/12/2020 19:25

Who says we are expecting a trading update later this month?

[tole] 01/12/2020 19:09

Have also taken a small position today ahead of an expected trading update later this month.

[gaiusgracchus] 01/12/2020 08:15

Yup. 2m shares is one fifteenth of public float. Pretty significant.

[flc] 30/11/2020 17:39

Shares in public hands are actually less than 18% of total shares in issue so the selling today represents a significant chunk. Interesting to see whether the sales were via Jupiter or Mercantile but we may see tomorrow.