Ra Share Discussion Threads

[imjustdandy] 21/2/2019 10:37

MASSIVE contract new wins too i suspect

[cf456] 21/2/2019 10:29

Continued buying this morning as people cotton on that the overhang is gone.

[imjustdandy] 21/2/2019 10:02

Standby for lift off

[junior21] 20/2/2019 20:17

I took a position here today in my SIPP, feels like the risk/reward is balanced in the favour of the latter at these prices.

[cf456] 20/2/2019 12:25

"RAI - FWIW, just heard from a trusted source that the overhang has gone & a large buyer emerged. Small free float as mgmt own 80% here, so any positive news or further buying could see the price move up ⬆️ Fingers crossed this proves correct 🤞🏻 Disclaimer - Talking own book 😬"

[cf456] 20/2/2019 08:33

Recent director purchases around the 46p level.



Judging by the buying and upward shift in the share price the overhang has cleared or is close to doing so.

[imjustdandy] 20/2/2019 08:26

Hopefully hear about some of the very large contracts being tendered for or secured. Think Directors purchased at 48p last time from memory

[tomps2] 19/2/2019 14:02

Here's the RAI presentation by CEO at Mello London 2018.

It's an audio recording with slides. It gives a really helpful introduction to the business, the business model, and the management's personality & drive.

Really worth a listen.

[flc] 15/2/2019 11:19

I bought in following a press tip in July. Thought it was an interesting play given how the company is run and the sector they are in. Article below:

Over in the Mail on Sunday, Joanne Hart was focussed on construction services provider RA International, which provides facilities and services to UN agencies, Western governments and large multinationals in war zones and other "challenging" environments.

It floated on AIM two weeks ago, with the shares currently around 69.5p.

Hart said RA provides buildings, surrounding infrastructure, catering, cleaning, maintenance and repairs, with much of its work involving peacekeeping and humanitarian projects in countries such as South Sudan and Mozambique.

Its commercial clients have included a mining firm, which has a camp 16 hours by road from the closest large city.

RA services the camp, Hart explained, ensuring it has enough food and water for two months in case flooding made the location inaccessible.

She said its main priority was to ensure its sites "work", so the customer could focus on their missions or business without worrying about site issues.

That often involved "significant research", Hart said, adding that founder Soraya Narfeldt had become known for her thorough questions, like whether the customer knew the location was subject to serious, frequent flooding, or that the local port would be closed for Ramadan.

The company's attention to detail had earned it a reputation for "diligence and efficiency", she explained, as well as one that is highly profitable thanks to Narfeldt's propensity to carefully vet all clients.

Revenues reached £53m in 2017, a 44% improvement year-on-year, with profits more than doubling to £13.6m from £5m.

Looking ahead, Hart said more solid growth was anticipated, with RA's backlog of projects worth £91m, and the board intending to pay a progressive dividend.

"RA International has grown consistently since it was founded 14 years ago," Hart said.

"Customers are loyal, the business is expanding and much of the work is highly beneficial to African communities and local economies.

"At 69½p, the shares offer good, long-term potential and the chance to invest in a business with an ethical dimension, too."

The founders hold 70% + of the shares and the drop in price following December's announcement looks harsh IMHO as it was purely down to contract delays rather than cancellations so the money is there it's just a timing blip.

[cheshire man] 15/2/2019 09:07

ESWR,,,,,,,apologies... no intention to mislead, just copied it off II, lesson learned !

Next Event 25/02/2019

Final Results

[shanklin] 15/2/2019 07:39

Following on from the IPO and subsequent RNSes, do you folk have confidence that we are being presented with an accurate picture of the company's accounts and prospects?

If so then it is seemingly incredibly cheap.

[eswr] 14/2/2019 21:27

Results will be early April.

[cheshire man] 14/2/2019 14:10

Finals on the 25th and hopefully news on completed projects :-)

[horndean eagle] 14/2/2019 12:20

Looks like an overhang has been cleared this morning. Hopefully onwards and upwards now.

[tiswas] 14/2/2019 11:21

Volume and a move up today, good news.

[tiswas] 21/1/2019 21:06

Having been stopped out on my entry position I am tempted to buy back in assuming all that lovely cash is really there. Or am I catching a falling knife?

[bluechimp1] 31/12/2018 21:26

2 trades over £200k today.

[gilgil13] 21/12/2018 10:21

Thanks Norbert - very helpful

[norbert colon] 17/12/2018 10:57

Yep divi of 0.847p = yield of 1.7% - hoping to see that divi get raised in 2019 beyond the forecast of 1.1c in 2019 and 1.3c in 2020 as it's very well covered (5-6 x)Good luck.

[tiswas] 17/12/2018 10:53

Well I took a small punt sub 50p Norbert which looks a good entry point. Famous last words!

I see their intention is to start paying a dividend, hope nothing changes there.

[norbert colon] 17/12/2018 09:26

Forecasts were for PBT of $US14.8m (they pay no tax as Dubai based) so converting to GBP and allowing for say a 10% miss = net income of ~£10m still giving a cash adjusted PE of only 6.4.

I am not concerned about H2/H1 miss as its just a timing issue and part of the territory with project led business that I’ve work in all my career.

The tone of the Statement is clear that these delayed projects “will” be delivered/converted in H1 2019. No “should”, “hopefullyR21; or other such negative connotations.

Just my opinion and DYOR.

[gilgil13] 17/12/2018 08:55

Thanks Tiswas - does anyone have the 'market expectations' they are referring to? I can't find any broker notes and expectations not available via Stockopedia

Thanks,

[tiswas] 17/12/2018 08:46

An opportunity? Watching to see where this ends up today.

[norbert colon] 08/12/2018 11:04

Thanks for posting.

[bluechimp1] 08/12/2018 10:12

Recent interview with CEO and business development director: