Ra Share Discussion Threads

[flc] 06/12/2019 16:32

Yes, always good to see a tick up on a Friday afternoon. Hopefully some updates coming through over the next week or so.

[cheshire man] 06/12/2019 16:28

Brought some interest here



RNS Number : 0900W
RA International Group PLC
06 December 2019
6 December 2019
RA INTERNATIONAL GROUP PLC
Director / PDMR Holdings
RA International Group PLC (AIM: RAI) ("RA" or "the Company") announces that it has been notified by Andrew Bolter, Chief Financial Officer, that on 4 December 2019 and 5 December 2019 he purchased Ordinary shares in the Company as follows:.

Number of Shares Purchase Price Date of Transaction
Acquired
50,000 0.3440 GBP 4 December 2019
--------------- --------------------
70,000 0.3440 GBP 4 December 2019
--------------- --------------------
15,715 0.3460 GBP 5 December 2019
--------------- --------------------
50,000 0.3400 GBP 5 December 2019

[shanklin] 28/11/2019 18:27

It maybe trading fine but, if it is, one wonders why the share price just goes on drifting downwards. I have exited at a notable loss over the week or so but will happily buy back if it’s less of a sh1t show than the share price is currently suggesting.

Great shame the news flow is so poor.

[scooper72] 28/11/2019 17:55

...took a few profits....

[scooper72] 28/11/2019 17:29

Bought before the summer, took a few products, bought some more when the price slipped, and then a few more. Now down 24 percent and won't be averaging down. But for now plan to hold for the long term. It's in the SIPP and with a few years yet before I hit 55 it's probably best taking a long term view on a refreshingly different business from the usual fin tech start ups. Of course if there is some news that points to long term probs I would think about cutting my losses. unless any

[cwa1] 28/11/2019 14:21

Taken a tiny piece here in the hope that I'm not the last one to find out about bad news. Won't be the first time though and won't be the last. Fingers crossed...

[chezt] 28/11/2019 14:08

Always a difficult one with aim stocks when there is a lack of news. Last year they gave an operational update in December, could do with something again this year. From my limited research, they seem well regarded and reliable. I like their business model and the fact that they use local labour which makes them different from their larger competitors, so I am holding.

[yump] 27/11/2019 16:44

Still pondering this one. 'Usual' problem of deciding whether low pe's are an anomoly or just reflect lack of interest in the business itself as an investment.

I have noticed for a lot of years now, that low pe's seem to be particular feature of floated businesses that earn in something other than £.

We had a rush of Chinese stocks 10 years ago (ish) all on low pe's (disasters a plenty), Israeli stocks, Asian stocks, Australian stocks and US stocks. I struggle to think of any that have done anything consistently well in terms of investment returns.

Perhaps, given the AIM casino, that just adds another layer of scepticism for serious investors.

Clearly for the short term punters and pumpers, any AIM stock that is bigging up its offering while losing a shed load of money is OK, but once you can measure the profit performance, I think the investor group changes and they're more risk averse.

[flc] 27/11/2019 14:03

Tempting again especially as we've not had any new contract announcements for circa 5 months and prior to that they were landing nearly every other month. Probably overdue some kind of announcement but I'm going to sit tight now that I've been averaging down.

[tiswas] 27/11/2019 13:50

Usual dilemma, top up opportunity or time to bail out?

[shanklin] 15/10/2019 22:22

Depends if they bought from another institution?

[chezt] 15/10/2019 19:11

With Jupiter upping its share holding to 5.2%, I make that less that 10% of shares are in the hands of PIs.

[rivaldo] 13/9/2019 14:29

Cenkos have left their forecasts unchanged post-interims and "remain confident" in them:

this year : 8c EPS, 1.7c dividend, $31.5m net cash
next year : 8.5c EPS, 2.1c dividend, $36.8m net cash

Here's a couple of extracts:

"This morning, RA International announced interim results for the period to 30 June 2019. During the period RA secured over US$65m new contracts and further diversified its revenues geographically and by customer. The contracted order book is now over US$166m, up c40% since December 2018. As indicated in the trading statement on 24 June 2019, both revenue and profitability for FY19 will be H2/19 weighted.

With RA seeing increasing numbers of Supply contracts as well as several longer-term contracts starting in H2/19, we remain confident in our FY19 forecast."

"Outlook & forecasts. RA has focused on customer diversification and increasing
geographic spread, as well as bidding on larger, longer duration contracts in the
period. Success from this has been clearly shown with the number of contract
awards over recent months, with most commencing during H2/19. We have left our
forecasts unchanged with our FY19E revenue forecast of US$60.2m representing 36% of the current contracted revenue backlog (cUS$166m) and good revenue visibility for H2/19.

We forecast FY19E net cash of US$31.6m, c32% of the current market cap. The shares trade at a FY19E PER of 7.1x and EV/EBITDA of 4.1x, falling to 6.7x and 3.3x 2020E respectively. 2019E prospective yield is 2.8%, covered 4.7x."

[scooper72] 10/9/2019 09:16

The spread is obviously a bit of a chasm on a small stock like this. But increased my holding this morning.

[mattafc] 14/8/2019 08:55

Someone dumping stock this morning

[valhamos] 12/8/2019 15:50

Took an opening position here last week as it popped up on one of my screens. Looks interesting with management seemingly competent in obtaining increasing orders from UN,UK and US and thereby reducing specific country risk.

[yump] 05/8/2019 15:38

Decided not to get any in the end - too many question marks that I can't answer and have already got 2 good sized investments in businesses where contracts keep getting delayed that don't also carry the overseas risk, the issue (maybe just me?) that its floated here while being an overseas business and its now in bigger construction where potential delays are worse. I did think about buying if it goes into bargain territory but I can't really imagine the p/e getting above 10 ish for a long time.

Good luck to holders. If I didn't have the other risky delay-rife investments I'd probably have a few.

[mattafc] 05/8/2019 15:12

Managed to nick a small opening position on the drop today. Please to now be holding, looks value even given the risk, management looks very competent and have a significant vested interest in the share price. Hopefully more contract wins to come and act as a catalyst for a re-rating

[rivaldo] 03/7/2019 12:00

The price is breaking upwards - perhaps a move up to almost 70p is on the cards looking at the chart.

Very informative report from Sharesoc, many thanks to Mark Bentley. Nice conclusion:

"In summary I came away very happy that RAI know their business very well, have suitable risk mgt policies in place and just need to space and time to convert some of these larger transformational contracts. The current rating is very modest (even more so when cash adjusted) and I remain a happy shareholder."

[sharesoc] 02/7/2019 12:24

There is a detailed report on RA International's recent AGM which can be found in our members area here:

To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here:

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here:

[cbh123] 02/7/2019 08:33

Only a matter of time before this is back above IPO and beyond imo

[cbh123] 01/7/2019 20:22

Another couple of contracts and we will see this really move. Beginning to show it's worth now imo. Been in my SIPP for a couple of weeks now and happy to see where we go.

[shanklin] 01/7/2019 12:39

There must be billions of pounds that was going to organisations like Oxfam and others with existence-threatening PR problems that is up for grabs. I don't know how much of this work fits into areas where RAI have expertise and capability

[yump] 01/7/2019 12:29

Still undecided. Listened to the proactive investors talk. Refreshingly clear and no obvious BS, unlike many that appear on there with their grand plans.

Although one thing I'll never understand is how floating on AIM gives more credibility, particularly with accounts visibility. More cash in the coffers perhaps does, but going for 15 years presumably means credibility is OK - I can't imagine getting $9mln contracts if it wasn't.

I wonder how many larger contracts are actually out there to be had ?