ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

RAI Ra International Group Plc

0.95
0.20 (26.67%)
Last Updated: 09:27:29
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ra International Group Plc LSE:RAI London Ordinary Share GB00BDZV6W26 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.20 26.67% 0.95 23,107,671 09:27:29
Bid Price Offer Price High Price Low Price Open Price
0.80 1.10 0.95 0.65 0.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-indl Bldgs & Whse USD 61.25M USD 194k USD 0.0011 8.64 1.29M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:58:12 O 100,000 0.97 GBX

Ra (RAI) Latest News

Ra (RAI) Discussions and Chat

Ra Forums and Chat

Date Time Title Posts
07/2/202509:36RA International552
22/3/201821:33Reynolds American Inc2

Add a New Thread

Ra (RAI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:58:130.97100,000970.00O
11:10:400.807,90063.20O
10:55:530.82300,0002,460.00O
10:55:220.8312,260101.45O
10:53:550.84361,7403,020.89O

Ra (RAI) Top Chat Posts

Top Posts
Posted at 07/2/2025 08:20 by Ra Daily Update
Ra International Group Plc is listed in the Gen Contr-indl Bldgs & Whse sector of the London Stock Exchange with ticker RAI. The last closing price for Ra was 0.75p.
Ra currently has 171,588,526 shares in issue. The market capitalisation of Ra is £1,630,091.
Ra has a price to earnings ratio (PE ratio) of 8.64.
This morning RAI shares opened at 0.75p
Posted at 07/2/2025 08:56 by farrugia
once a private company you won't have any rights and will be at their mercy and considering how they are acting here it looks terrible.

· the Company will no longer be obliged to produce and publish half-yearly reports and financial statements;

· the Company will no longer be subject to UK MAR. UK MAR regulates the use and disclosure of inside information and, in particular, requires the disclosure of inside information to the market without delay (subject to limited exceptions);

· the Company will no longer be required to publicly disclose any change in major shareholdings in the Company under the Disclosure Guidance and Transparency Rules;

· whilst the Company's CREST facility will remain in place following the Cancellation, the Company's CREST facility may be cancelled in the future and, although the Ordinary Shares will remain transferable, they will cease to be transferable through CREST. In this instance, Shareholders who hold Ordinary Shares in CREST will receive share certificates;

· continue, for at least 12 months following the Cancellation, to maintain its website, www.ragrpplc.co.uk and to post updates (where deemed necessary or appropriate) on the Company's website from time to time. Shareholders should, however, be aware that there will be no obligation on the Company to include all of the information required under AIM Rule 26 or to update its website as required by the AIM Rules.
Posted at 06/2/2025 22:52 by pireric
So it is legal, technically you will still own the shares.. just in a private company capacity. Delisting, not cancellation, but which realistically means absolutely terrible liquidity unfortunately

A lot of public shareholders won't be allowed/want to hold private company shares, hence the stock tanks today. It's possible they are worth more than the price you see on the screen now; again that just reflects that few investors will want to hold such a potentially illiquid asset

However, it would have been much better had the company just offered all existing shareholders an offer to sell their shares at at yesterday's price as a takeover or tender offer.

Eric
Posted at 06/2/2025 12:46 by darmz
That this the fall price 0.15 then
Posted at 06/2/2025 10:50 by apfindley
I think the price reaction tells us more is going on here than just cancelling an aim listing.Also you well know, once they become unlisted, it's highly likely that there will be no point in the average person holding these uisted shares. You know this, as do the rest of us. No visibility, no regulation, and very difficult to sell.
Posted at 18/9/2023 12:41 by tomboyb
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? -
Posted at 18/9/2023 10:13 by norbert colon
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.
Posted at 20/2/2023 16:24 by rmillaree
I really dont see any appeal here at present.

When i was previously invested they had good cash reserves and were making a profit - now they are loss making and have "net debt".

Heyho i guess the low price could return multiples of current shareprice here if they right the ship and peeps have the faith now. So i will sit and admire those braver than me.

I would have liked to have thought that by now thney would be reaping the reward of covid being the the past and the many years of being a listed company should be bearing good fruite by now - no doubting they have top tier customer list.
Posted at 20/2/2023 09:54 by flc
October last year....(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating on RA International shares on Friday, citing both growth and de-risking efforts.
Canaccord Genuity said RAI's first-half results were in-line with its estimates, with revenue of $29.0m, up 11% year-on-year, and a breakeven EBITDA performance, down from $5.0m a year earlier. Net debt at the half was $4.3m, excluding lease liabilities, reflecting some ongoing Mozambique outflows but otherwise in line.

The group's order book at the end of August of $95.0m was broadly flat since the beginning of the year and Canaccord highlighted that this does not reflect a £35.0m five-year UK Ministry of Defence award separately announced on Friday.

The Canadian bank also noted that government sector revenues represented 47% of last year's revenue for RAI, and said it expects this to continue to grow thanks to the "strong relationships" it has developed with the US and UK governments.

"RAI remains in a robust financial position with more than $9.0m in gross cash and the group is confident in its ability to mobilise for multiple large contracts as and when those restarts," said Canaccord.

"We base our valuation on peer-group multiples and use the range of earnings we calculate for the short and medium-term. Our price target is based on the geometric mean of the top (60.0p) and bottom (25.0p) of this range, which results in our price target of 41.0p. At our price target and using our mid-point earnings, the stock would trade at 15x/10x 23/24E EV/EBITDA, which we believe is realistic for a growing, high-visibility business"
Posted at 16/2/2023 16:10 by value hound
This is looking very interesting to me in light of the recent contract wins. The slightest improvement and rel' small operating profit by historical standards make it worth more like c.$50m / £42m / >24p per share IMO. Obviously - anything close to a gradual return to pre-pandemic levels puts it more like twice that (bearing in mind it started 2022 at 50pps).

Any thoughts?
Posted at 07/9/2021 11:02 by total return
A stock market contact has sent on today's research report from the analyst at the house stockbroker, Canacord Genuity:

"Strong outlook for second half

RA International has shown a robust performance in 1H21 given the pandemic and the challenging security situation in Mozambique, with revenue of $26mn (1H20: $35mn) and EBITDA of $5.0mn (1H20: $8.1mn), modestly ahead of our expectations and allowing the company to reaffirm existing guidance. Contract awards in the period amounted to $29mn (1H20: $26mn), but the company has decided to remove the $61mn Mozambique contract from the backlog following recent events and hence period-end backlog is $129mn (31 December: $187mn). Separately, the company has announced a significant new contract with the US Navy, which we expect to amount to at least $20mn in RAI revenue over the next five years. We see an improving outlook into the second half, with multiple further contracts awaiting signature and subject to the finalisation of commercial terms; the outlook states that management believes it likely further awards in the second half will be above $40mn in value. In particular, we see Danakali's major Colluli project (DNK-LSE: 23p | SPEC BUY, PT 45p) as likely to add significant backlog once finalised. We reiterate our existing BUY rating and 75p price target.

New US Navy award

This morning the company announced its entry into an indefinite-duration indefinite-quantity (IDIQ) contract with the US Navy, for design and construction on Diego Garcia, its Indian Ocean base. RA is in joint venture with ECC, a US contractor, and there are five other awardees; total work under the contract is $249mn over five years, so we expect at least $20mn in work to RAI over the period. This award underscores RAI's role as a contractor to the US government, generally in remote locations.

Margin maintained

A feature of RAI's business model is its robust risk control, and the first half underscores this; despite revenue down 26% y/y, gross margin was flat at 29% and EBITDA margin down just 2.5%. It is also striking that RAI has suffered no significant effect from construction and logistics cost inflation, reflecting both its strong risk controls and the nature of its contracts in those areas. We see this as one of the key investment attractions for RAI.

Cash flow and earnings: WC outflow expected to reverse

1H results include a substantial working capital outflow of $8mn, half of which is down to late payment from one large multilateral, and half of which is due to assets earmarked for Mozambique capex, being shifted to inventory for other projects. We expect this slow payment to largely reverse in the second half and for the inventory to be reused on other projects in progress. We also highlight the improving security situation in Mozambique and believe that this could lead to a restart on this currently suspended project.





Reiterate BUY and 75p target, no earnings changes

We continue to expect revenue of $50-55mn for this year and EBITDA of $9-11mn, with a strong recovery into next year from currently active bidding. At our target price, and mid-point of the earnings range, RAI would trade at 28x/12x 21E/22E P/E, which we believe is appropriate for a business with the strong growth outlook of RA. In particular, we see the pick-up in run-rate of awards over the next few months (from current high bidding activity) being reflected in the share price ahead of revenue, as is normal for contract-based businesses like RA."

Their number are:

FYE Dec 2020A 2021E 2022E 2023E

Sales (US$M) 64.4 52.2 82.2 106.9
EBITDA (US$M)
14.2 10.2 19.9 27.5
EPS Adj&Dil (¢)
5.5 2.1 7.4 11.4
DPS (p) 1.4 1.5 1.6 1.7
EPS (¢) 5.5 2.1 7.4 11.4
DPS (p) 1.4 1.5 1.6 1.7
Net Debt (Cash) (US$M)
(11) (4) (10) (19)
P/E (x) 14.9 39.6 11.1 7.2
EV/EBITDA (x)
9.3 12.9 6.6 4.8
Ra share price data is direct from the London Stock Exchange

Ra Frequently Asked Questions (FAQ)

What is the current Ra share price?
The current share price of Ra is 0.95p
How many Ra shares are in issue?
Ra has 171,588,526 shares in issue
What is the market cap of Ra?
The market capitalisation of Ra is GBP 1.29M
What is the 1 year trading range for Ra share price?
Ra has traded in the range of 0.55p to 10.00p during the past year
What is the PE ratio of Ra?
The price to earnings ratio of Ra is 8.64
What is the cash to sales ratio of Ra?
The cash to sales ratio of Ra is 0.03
What is the reporting currency for Ra?
Ra reports financial results in USD
What is the latest annual turnover for Ra?
The latest annual turnover of Ra is USD 61.25M
What is the latest annual profit for Ra?
The latest annual profit of Ra is USD 194k
What is the registered address of Ra?
The registered address for Ra is ONE FLEET PLACE, LONDON, EC4M 7WS
What is the Ra website address?
The website address for Ra is www.ragrpplc.co.uk
Which industry sector does Ra operate in?
Ra operates in the GEN CONTR-INDL BLDGS & WHSE sector