Ra Share Discussion Threads

[flc] 18/2/2022 09:30

Anyone spotted those delayed trades just come through from yesterday? They look like duplicate trades. The large one equates to c10% of shares held in private hands so if correct then it's a big chunky buy from someone.

[flc] 18/2/2022 09:12

Looks like the selling has stopped but unfortunately not much of a recovery :-(

[scooper72] 16/2/2022 18:13

Yep. Might be tempted myself tomorrow. But wary of a dead cat bounce

[flc] 16/2/2022 16:17

If there's one positive to take out of the situation then it's that they are moving away from commercial which ironically was one of the reasons for listing to help win larger tenders. I think it will creep back and we may even get a contract win prior to finals but I think it may be a long road from here.

[value hound] 16/2/2022 14:49

Being a sucker for a falling knife, I bought a small qty at 28.37p. It looks worthy of a gradual return to 40p IMO, given time.

OTOH, if the Narfeldts did decide to take it private (and who could blame them?), it could happen a lot quicker - but at what price?

[flc] 16/2/2022 10:31

I wonder if I've been a supporter for a bit too long now. Last chance saloon for me now so unless there's an improvement mid term then I'm out for good but happy to hold in the interim. Personally, I hope it does go private as they won't be able to buy back at the current share price so it may be best all round for everyone. Should never have listed in the first place.

[norbert colon] 16/2/2022 10:20

Very poor investor communications given the known tricky situation in Moz etc. I've been a long term supporter but I'm feeling some contempt for investors by mgt as an earlier update wouldn't have been difficult. Increasing risk of going private again.

[flc] 16/2/2022 09:40

I think the fact there was no trading update in December spooked the market and prompted the post December slide to under 40p. On that basis I'm hoping some of the news this morning was already factored in and that the drop this morning is a bit over done. Buyers now taking the opportunity to get in at a bargain price...I've topped up again so I'm hoping for some recovery later on. GLA

[scooper72] 16/2/2022 09:00

I guess the main question for those of us invested is whether the 27 percent drop this morning is over done. I've been lucky to have sold all my ISA holding for a modest profit and also took out Most of my original capital from SIPP holding at about 48p. Now thinking whether this is now an opportunity to get back in. But in the current market so many AIM stocks are getting seriously hammered so who know there might be an even better price to come.

[igbertsponk] 16/2/2022 08:22

Very poor indeed and can't see why a lot of that wasn't communicated earlier

[flc] 16/2/2022 07:40

Very disappointing RNS :-(

[flc] 09/2/2022 10:33

Was hoping the Total contract was going to come back in to play but by the looks of things Cabo Delgado is looking pretty bad again not helped by the weather so can't see anything happening short term.

[flc] 09/2/2022 10:30

I'll drop them a note to see what's going on.

[norbert colon] 09/2/2022 10:12

Yes it's very poor communication and won't help investor sentiment. Bamburgh please note!

[gleach23] 09/2/2022 10:09

Particularly so when the CEO Outlook comments in the Interims end with "We look forward to updating investors on our progress throughout the second half of the year"

[rp19] 09/2/2022 10:02

Trading updates were previously issued during December 2018, 2019 and 2020. There was nothing in December 2021 or so far in Jan/Feb 2022. See what the finals bring but I am disappointed by the lack of news flow.

[flc] 08/2/2022 11:15

Finals fast approaching so probably have to wait now until March before we get any updates. Frustrating but hopefully something worth waiting for.

[scooper72] 31/1/2022 13:00

Don't fancy myself as a trader but glad I took some profits last week, just haven't sold much that was already in the red.

[scooper72] 31/1/2022 12:59

I've just bought back in having sold out the last of my holdings a week ago.

[tiswas] 31/1/2022 12:44

Starting to look good value now? I am sure that they must be getting tempted to buy back the 20% they dont own and not have to worry about all the hassle running a listed company. Did not invest on listing but what was the rationale for the float? Unlikely they will ever raise equity at these prices and face dilution.

Dipped a toe back in today.

Edit apologies to FLC for not having read your posts first which say much the same.

[flc] 27/1/2022 13:36

Wouldn't be at all surprised if the owners take it private at this rate. The listing is adding no value to shareholders or the company. It was useful earlier on whilst bidding for large gov't tenders but they can now stand on their own two feet. Still staying positive if that's possible although have de-risked a bit and put money elsewhere.

[flc] 27/1/2022 10:23

Well, January has certainly turned out to be a damp squib..no trading update, no significant news just a 'tweaked' website and lots of hot air. Disappointing to say the least :-(

[benbay001] 13/1/2022 10:35

I get the impression the exciting developments were a revamped website. I hope im wrong though.

[flc] 12/1/2022 16:03

Not sure and all of the exciting developments coming soon announced on social haven't materialised yet. Disappointing not to have had a trading statement pre-Christmas but still confident something big is on the horizon so sitting tight. Any new contract wins could be massive so no surprise on delays.

[benbay001] 12/1/2022 14:49

Anyone have a view on why the contracts the company expected to win before year end weren't won? Covid delays or?

Im getting itchy feet here