RAM Share Discussion Threads

[mike111d] 02/7/2013 18:57

Or perhaps NGP.

[genises] 02/7/2013 18:28

indeed news with the fund raising will be required to entice us to buy.
I see John has sold £55,000 of PGR.Some funds for Ram ???

[t-raider] 02/7/2013 15:37

I really don't see that... but their support is not to be under estimated.

Need evidence of RAM's next step to recovery.....

"T"

[cgod] 02/7/2013 15:17

Ruffer have 22% now, would they make a bid?

[genises] 02/7/2013 14:15

should see a few more this week
shareholding change.

good timing as well with the re elections.

[t-raider] 02/7/2013 13:48

Ruffer must be confident of a return.... or maybe just averaging down like some of us !!! ;o)

"T"

[napoleon111] 02/7/2013 13:45

here is our rns then

[t-raider] 01/7/2013 10:08

Well lets see them invest first I guess.....

Is the share price weak enough to be buying on the bid price or are they sales ( and we're hanging on ) ?

Cheers
"T"

[steddieddie] 01/7/2013 09:36

Indeed but, right now, it is reasonable to suppose that those that are privy to the plan have been made insiders ahead of participating in the funding. Clearly, if we were all privy then it wouldn't be privy and there would be less advantage to being a prospective funder, thereby stifling interest and thus potentially hampering the success of the funding. Vicious circle.

For us outsiders, the wait for information is never pleasant but, realistically, I'm not sure there can be any other way. However, I'm rather more upbeat than you on the boredom issue. For sure, that situation may prevail until funding is settled but I would hope at that point to learn more of the plan. In which case, surely there's potential for anything but boredom or why would the investors bother?

[t-raider] 01/7/2013 09:11

Hi SE

I see you are right and Ruffer did take the 7.5M shares... sure we'll see an RNS confirming that soon and so that's a little more reassuring.

Nothing in the update to spark PI interest though and that's disappointing. Its all very well managing expectation and alluding to things to come, but we're not privy to the 3 year business plan and do not know what's on the immediate horizon.

Its the trades on the open market that are driving the share price and so we're destined wait until boredom sets in and then no doubt, drift lower.

The uncertainty from the fundraising even took the froth of off the TFX announcement, which received a very muted response.

Need those cards on the table soon...!

"T"

[red army] 30/6/2013 07:41

Jam tomorrow as always

[sub-contractor] 29/6/2013 07:14

Have to admit initially a certain amount of dismay at the results, we all expected the numbers to be bad (although the increased profit in percentage terms of the turnover is encouraging, presumably in part down to the cost cutting which must have been extensive). These numbers could have been released weeks ago so I guess/hope we are in a situation where they were delayed, as the company felt they had a good chance of accompanying them with a much fuller and comprehensive update on the business plan. There has to be a good chance then that we are very close to finally getting some meat on the bones as the release certainly went to the wire.

I also agree, based on the wording of the release that other avenues are currently being explored by the company. Time will tell of course and good luck to us all.

[steddieddie] 29/6/2013 00:30

Been away, just catching up. Horrible histories R Us. Can only hope that histories is what it now firmly is under the new board and with what seems to be a progressive future business plan.

No time to study anything but I assume the fall in turnover is in no small part due to the absence of TFX turnover. Not really talking the dearth of orders in 2012 here (now looking a lot brighter thankfully), thinking more that TFX is now Chinese-owned and neither its turnover nor its profit/loss will be anything to do with the RAM balance sheet in any direct sense. Presumably now the case that the RAM balance sheet would show income from dividends and/or royalties from an associate.

Not sure either whether it's a fair reflection to change the terminology to "a significant fund-raising being necessary" from the actual way it was referred to i.e. a more substantial equity raising (than £300k) being worked on "to restructure the balance sheet and allow RAM to make the capital investments needed for its business plan.

For me, the crucial bit of that is funding capital investment. I rather fancy that means settling a piece of Stream action, whether through a direct stake or sealing the HoT JV or both and, who knows, perhaps more besides. For example, am I the only one that thinks the Stream proposition may not account for all of "...to develop and exploit newer technologies in the media and advertising field...and...these areas include bringing 3D screen which can be viewed without special glasses to a wider market, the introduction of a new video platform for mobile phone users, and joint ventures with suppliers of the latest screen technology".

As such, I think any sense of emergency funding was already taken care of the other day @ 4p, notably by Ruffer the major shareholder (as now revealed in the results on the website today). OK, subject to possible future adjustment but notably, all creditors were recently prepared to settle for paper @ 4p. One might think there's a pretty strong indicator here of "the mark"

In any case, FWIW I personally see the placing price of the further raise being very much linked to the prospects of the business plan as seen by the potential funders, according to whatever marketing of it is currently underway. Perhaps rather like an IPO, where "insider" investors judge the future and demand (or otherwise) follows against the targets of the raise. Personally, I think the fact that Ruffer, major shareholder and a highly respected boutique broker, is showing every sign of being strongly supportive @ 4p is more than a little reassuring.

[abadan2] 28/6/2013 18:26

Turnover down by more than half. A significant fund raising necessary. RAM will be doing well to get this away at anything other than a (big) discount to the current price.

[t-raider] 28/6/2013 13:06

Trouble is it generated zero interest !RAM need exposure or we stay where we are.Shame..."T"

[cgod] 28/6/2013 11:41

This is the best bit:

The Board has a strategic plan for the next 3 years which sees the Group move towards significant profitability. Central to this are an increase in the RAM Vision estate whilst maintaining or improving the level of advertising revenue, the development of RAM Interactive; and the increased national and international opportunities following the restructuring of TrainFX

[t-raider] 28/6/2013 11:30

Not exactly an inspiring update..."T"

[cgod] 28/6/2013 10:35

Lets hope that we are up to 5p and not down to 2p at close of play.

[northwards] 28/6/2013 10:27

yep, we will get something today.

[t-raider] 28/6/2013 10:04

Nope.... I do hear its on its way though....

( I'll stop now until we see what we have ! )

Cheers
"T"

[t-raider] 28/6/2013 09:22

11am maybe... ;o)

"T"

[t-raider] 28/6/2013 08:57

Maybe 10am ? Soon find out...

Hope they're not late this afternoon... always a cr@p sign....

"T"