RAM Share Discussion Threads

[cgod] 28/6/2013 09:26

Not looking good for today "T", lets hope that they are trying to get the deal done re Stream.

[t-raider] 28/6/2013 07:11

No news first thing... Suppose they have all day...."T"

[bonovox4] 27/6/2013 19:03

Genises - FWIW, I concur.

[genises] 27/6/2013 17:45

T-Raider
I cant see anyone investing £300,000 with out knowing the future prospects for the company.
I expect we will see costs cut and losses reduced compare to previous year and a statement stating the company is in profit first quarter.

[t-raider] 27/6/2013 16:38

To the wire it is......

"T"

[t-raider] 27/6/2013 13:57

RNS in the next hour or we go the wire I'd bet...

Know where my money is on that one... the outcome of the RNS is less certain.

Would be nice to be put out of our misery.

"T"

[northwards] 27/6/2013 10:52

I agree. I think it is bad corporate governance to leave to the wire and would have hoped the new Chairman could see that.

[t-raider] 27/6/2013 09:08

Morning Cgod

I'm never enthusiastic about these things going to the wire either... RAM got the interims out during the penultimate day ( not first thing ) last time, so could see them later today still I guess ?

Sounds like they've been trying to get their ducks in line for a while.... the lateness of the results might suggest they're still attempting to do so. Doubt the deal will be signed, sealed and delivered when we get the RNS (finally), as these things never run to plan.

What will be will be for the time being.

Taking some solace from the fact that they can raise funds from existing and new shareholders still and if they do drop on the rns, may try to pick up a 'bargain' (?) ......

"T"

[t-raider] 26/6/2013 13:09

Trouble is they've been trying to do that for some time....

May not be successful by the end of the week I'd guess, but hopefully an update will trigger some interest.

"T"

[northwards] 26/6/2013 12:54

Results have to be out latest Friday ... going to the wire to see if a rabbit can be pulled from the hat?

[t-raider] 26/6/2013 10:48

Ruffer are pretty diligent about holdings notifications, so we should know fairly soon if that is the case.

Quiet before the storm ?

"T"

[steddieddie] 26/6/2013 08:45

Then again, the more I think about it, the most obvious candidate is actually Ruffer.

[steddieddie] 26/6/2013 01:36

For what it's worth, I see this as a raise solely for working capital that'll particularly satisfy any "going concern" issues the auditors would typically want some assurance about before signing off. This would now seem to clear the way to publication.

On ID of the funder, as T says, the % involved means we should know soon enough. My fancy is actually on it being TCA but not yet under the arrangement bono highlights. I reckon that arrangement will be staged and also will come into play in connection with the "capital investments needed for its business plan".

However, don't forget that they were awarded 3.125m shares quite separately to this as an investment banking fee so I suppose there's nothing to stop them adding to these outwith of the other arrangement.

Just my thoughts for what they're worth.

[genises] 25/6/2013 23:01

T
Interesting RNS some one is confident for the future.John M may be wanting a return on his past investment.He invested at 4p old money
It seems they want to raise the money still for stream and be able to give assurance they have the facility to take on larger orders in the rail industry???very clever.

Look forward to news for 2013 rather than 2012.
2012 will be interesting to see how well Ram digital did while the olympics was on.
Not long to wait.

[t-raider] 25/6/2013 16:59

More options for the future......?

Would anticipate RAM want a much stronger share price before they take up this facility.

"T"

[bonovox4] 25/6/2013 16:45

From todays RNS -

The Company continues to work on a more substantial equity raising to restructure its balance sheet and allow it to make the capital investments needed for its business plan. Should the eventual placing be achieved at a placing price lower than 4p per new ordinary share, the Existing Shareholder will have the right to be allotted such number of additional new ordinary shares as if the placing announced today had taken place at that eventual placing price.

Where does this leave this from May 13th? -

The Company has also entered into a committed equity facility with TCA which provides for the TCA to subscribe for up to GBP5 million of ordinary shares of the Company over a term of three years. The timing and amount of advances under the committed equity facility are at the Company's discretion. Shares subscribed for by TCA under the Committed Equity Facility are priced at 95% of the prevailing market price during a 5-day pricing period immediately following an advance notice. The proceeds of any shares issued pursuant to the committed equity facility are to be applied first towards any sums outstanding under the Loan Agreement and then for the general corporate purposes of the Company.

[t-raider] 25/6/2013 16:35

7.5M shares equates to 9% of the total shares in issue ( 83,195,000 including this issue ).

Should see a holdings rns at somestage... though i guess they may wait for the larger fundraising to complete ( if successful ).

"T"

[t-raider] 25/6/2013 15:22

Just that if the major fundraising is placed at less than 4p, then the shareholder who bought these will be issued more shares to make up the shortfall.

They appear to be able to raise funds at this level, which is some what reassuring, though they are also cautious that the greater fund raising could be at a discount.

Reckon they hoped the TFX news might have had a more positive effect... time to see what else they have to offer ...

"T"

[cgod] 25/6/2013 15:01

What does all the last bit mean, if they do not place at 4p?

[t-raider] 25/6/2013 14:46

Well... only a maximum of 3 days for the release of the results and a long awaited update !

"T"

Just announced £300k raised ( 7.5m shares at 4p )

[t-raider] 24/6/2013 09:04

Still too many uncertainties here with the potentially huge fund raising ( for a company as small as RAM ) and the new interest with StreamTV, first mooted late last year, for new investors to take the plunge.

Hopefully all will be cleared up with the results this week and we can move forward ( finally ).

Happy with TFX and the future growth potential though.

Timing of the announcement... maybe a theory behind it or maybe just simply have been material news and had to be RNS'd on receipt.

Still.... will be an interesting week in RAM's story...

"T"

[genises] 22/6/2013 18:57

Iam just wondering why they have released this news before the results.
May be they are in talks with other companies in Europe and this RNS will help to sign the other contracts.
Once results are out it would be nice to see the CEO endorsing his company by buying shares.


Remeber the terms and conditions of the TFX joint venture.