Ra Share Discussion Threads

[norbert colon] 06/12/2018 15:24

Yes agree with the 100p price target - please see my recent write up here:https://cube.investments/after-mellolondon-t-clarke-duke-forbidden-technologies-national-milk-rai/

[flc] 06/12/2018 15:03

Thanks for the update NC. I bought in to RAI a few months ago as the credentials and company history are very positive and it looked like an interesting play. Price has drifted back but happy to stay put as I'm sure there will be a string of news coming through...they just need to raise their profile a bit and get some interest in the stock and then it should move back upwards again. My mid term is £1+ so lets see where we get.

[norbert colon] 06/12/2018 07:46

https://www.state.gov/r/pa/prs/ps/2018/12/287876.htmUS Govt finally confirm they are moving back into Mogadishu - RAI have already confirmed to investors that the site is hoarded off and ready to go so this will be a great high profile (and high value) project for them.Hopefully we will hear confirmation from the company over the coming days/weeks.

[advfn_sales] 21/11/2018 16:53

Here is your chance to meet with RA International Group:

Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London.



Tickets are normally priced at £99 for two days and £79 for one.

Type in ADVFN25 as the discount code.

Many Thanks and take advantage of this premium offer.

See you there.

[davidosh] 18/11/2018 22:12

Here is the full two day programme schedule for MelloLondon including RAI



It is jam packed full of about 75 company presentations, lots of top quality speakers and panel sessions plus workshops to help with investment style and techniques etc.

The pre event fun starts on the Sunday evening with a dinner and investor quiz hosted by John Lee but the main conference begins on Monday 26th November at 9am through to Tuesday 27th in the evening so do come and join us as there are still 97 tickets left...



See you there.

[davidosh] 24/10/2018 13:20

Just to let you all know that RA International will be presenting at our very big investor event in Chiswick W4 next month.. MelloLondon is a two day event and starts on Monday 26th November. You can find out more here...



There will be 60 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day.

[yupawiese2010] 24/10/2018 12:46

Nice to receive news of a contract win, but why was this RNS information not released at
7 00am.!!

[allonblack] 21/9/2018 12:11

Should be some US contracts announced in October if successful by the sound of it.

[shammytime] 17/9/2018 15:01

This looks set for the next leg up. I predict 90s this week

[igbertsponk] 16/8/2018 07:16

Nice new contract win announced. Long term too.

[spacejay] 19/7/2018 22:34

Looks like Mr & Mrs Narfeldt own 79.4% of the company. Is this a good thing?

[zebbo] 16/7/2018 12:47

Looks like there is a big sell order in feeding all these buys...

[igbertsponk] 16/7/2018 09:49

Why risky? If there's no conflict then their business doesn't exist. The US having spent so much on Somalia are not going to let any hostile politicians get into power.

[ramridge] 16/7/2018 09:44

From an investor's point of view this company's financials are very strong but at the same time it presents high risks.
On the risk front, already covered by others above, the greatest risk is political instability in the countries they operate, and in particular heavy commitment in Somalia. From the admission document, around 80% of personnel are in Somalia and over 80% of current revenues comes from Somalia. Very high risks when you consider the political and military risks that such countries present.
The financials are however very strong. Again from data presented in the admin document, ROCE is 56%, operating margin 28%, EV/ EBITDA around 10 and PE around 12. On a modest projected basis, forecast PE could come down to 10.
Cash flow is also very healthy. OCF to Sales approx 23%. Balance sheet will be debt free with net cash raised from the IPO.
Pity that they haven't diversified more and spread their risk over more countries and more clients.
I think overall that the PE will remain low at around current levels due to the high risk nature of their business.
I have taken a stake but it will remain small in relation to my overall portfolio.

[cheshire man] 15/7/2018 07:31

MIDAS SHARE TIPS: Good in a crisis...firm the United Nations turns to for help
By JOANNE HART, FINANCIAL MAIL ON SUNDAY

PUBLISHED: 21:56, 14 July 2018 | UPDATED: 21:56, 14 July 2018


When Soraya Narfeldt married her husband Lars in 2002, he took her to Kabul, Afghanistan, for their honeymoon. Some women might have objected to the choice of location. Narfeldt loved it.

The couple stayed on in the war-torn country and Narfeldt volunteered for the United Nations, helping to administer and distribute supplies for staff and locals. She soon realised that the procurement process was chaotic. Products were ordered piecemeal, specifications were often wrong and money was wasted, Narfeldt believed.

She decided to found her own company, providing a one-stop shop for organisations working in remote or difficult locations. Today, RA International is valued on the stock market at more than £120 million. The company floated on Aim a fortnight ago, the shares are 69½p and they should move higher as the business expands and profits increase.

On the spot: RA International, founded by Soraya Narfeldt, right, operates in remote crisis zones such as South Sudan, above +1
On the spot: RA International, founded by Soraya Narfeldt, right, operates in remote crisis zones such as South Sudan, above

RA builds, services and maintains sites for UN agencies, Western governments, including the UK, and large multinational companies. Some customers want small camps to accommodate staff for a specific job. Others are looking for barracks, large buildings or even mini-cities.

In each case, RA can provide not just the basic buildings but also the surrounding infrastructure, such as roads, electricity and water. It also offers catering facilities, cleaning, maintenance and repairs. Much of the group’s work involves peacekeeping or humanitarian projects in African countries such as South Sudan and Mozambique. In recent times, it has built accommodation for a UN peacekeeping force in the Central African Republic, completed the British embassy in Somalia, contributed to the French embassy in South Sudan and delivered a camp for the Ministry of Defence in Somalia, including accommodation, a kitchen, power, water, even mobile phone towers.




Commercial clients include a mining company, operating a camp 16 hours’ drive from the nearest large city. RA services the camp, ensuring sufficient food and water for two months in case floods render the location inaccessible. Above all, the company makes sure that sites work so organisations can focus on their missions or business, without having to worry about construction, catering or maintenance issues.

Frequently, this involves significant research and Narfeldt has become known for asking probing questions. Does the customer know that this particular area is subject to serious flooding twice a year? Do they know that the local port closes down for Ramadan? Have they thought about mobile transmission, water, fresh food for the troops, and so on?

This attention to detail has earned RA a reputation for diligence and efficiency, and most customers use the group time and again. The company is also highly profitable, not least because Narfeldt chooses her customers carefully, focusing on large, well-funded and reputable organisations. Revenues were £53 million in 2017, up 44 per cent from the previous year, while profits more than doubled – from £5 million to £13.6 million. Looking ahead, further robust growth is expected, as RA already has a backlog of contracts valued at £91 million. The company intends to pay a progressive dividend, too.

Midas verdict: RA International has grown consistently since it was founded 14 years ago. 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.

Traded on: Aim Ticker: RAI Contact: ragrpplc.co.uk or 020 3934 6630

[cheshire man] 06/7/2018 08:29

Welcome on board GHF I'm happy to be in early doors too :-)

[glasshalfull] 05/7/2018 17:48

I’ve taken a maiden position over the last couple of days. Excellent discussion on the thread.

Not without risks but it would appear the company are well regarded by the UN & a number of Governments with IPO timed to coincide with the company bidding for larger contracts.

They delivered 2014-17 CAGR of 48% & on that basis I thought it worthwhile to take a position at this juncture before it falls onto the radar of market commentators & tip sheets.

Kind regards
GHF

[pireric] 05/7/2018 13:47

Maybe my head in the clouds but would hope that some these rougher African regions start to settle down as they progress economically (fingers xD in the hands of non-corrupt leaders)!

Revise that long term margin to 15% as you're right though; competition less rife than in developed economies

[igbertsponk] 05/7/2018 13:44

10% when they're going into warzones???
Risky areas always get better returns.

[pireric] 05/7/2018 13:40

They could argue that but then I'd argue that they should aim to make the sustainable level of margin that might come from long term competition ;0), which I'd guess would be 10% on EBIT

[cheshire man] 05/7/2018 08:54

Agree igbertSponk so taken a few,,,,,,,,let's see where it goes :-)

[igbertsponk] 03/7/2018 07:30

The company would argue that by them being bigger they can compete with larger US companies who actually charge a massive amount more. Competition drives down prices so the growth of RA should be welcomed by those with morals.

[glasshalfull] 02/7/2018 23:13

Thanks pireric. Excellent discussion.

Kind regards,
GHF

[pireric] 02/7/2018 22:59

Serious question. Should firms engaged in an overseas aid supply chain really be making supernormal margins to the extent the likes of RAI are doing?