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RM. Rm Plc

73.75
0.50 (0.68%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Rm Investors - RM.

Rm Investors - RM.

Share Name Share Symbol Market Stock Type
Rm Plc RM. London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.50 0.68% 73.75 16:35:20
Open Price Low Price High Price Close Price Previous Close
76.00 76.00 77.00 73.75 73.25
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 08/5/2023 10:10 by wigwammer
Essential investor - so turns out my posts weren't darkly ironic, but pretty much bang on right... btw the Mcbride you also criticised me about has now returned around 100% over the last 10 months. ATB
Posted at 12/11/2022 09:29 by geoffw999
In reply to "Smithie610 Nov '22 - 14:11 - 175 of 175.
you understand why
"Configuration of SaaS licenses £7.7m"
is so high ??
it seems nuts
I thought SaaS was a pay as you go service, without a big upfront licence payment.
The transparency from the co. to investors doesn't appear to be very good imo."

No, doesn't make sense to me either and the numbers (for a company of this size) are huge. It is mentioned a few times in the reports but without any detailed explanation and there's no clues as to whether there's more to come.

Same as for the warehousing costs.

All that said, I invested near the recent low and will hold for now.
Posted at 10/11/2022 14:11 by smithie6
you understand why
"Configuration of SaaS licenses £7.7m"
is so high ??

it seems nuts
I thought SaaS was a pay as you go service, without a big upfront licence payment.

The transparency from the co. to investors doesn't appear to be very good imo.
Posted at 07/9/2022 17:20 by wigwammer
Agree imastu. You sound like someone who reads the report, so respect your view. Interestingly IMO, the net debt figure reached £30m max during the prior full year, according to the last annual report. But that didn't stop investors owning the shares at multiples of the current price.
Posted at 07/9/2022 17:15 by wigwammer
Again imastu.. previous post intended for the absolutely essential, if not particularly insightful, investor :)
Posted at 07/9/2022 16:57 by wigwammer
For what it's worth, I retired very early in life after successful investments in Skyepharma, Anglo Asian Mining, and other highly geared investments that others dismissed because of the debt angle. Every time, there is anEssential investor who bangs on about the debt, as if the market hasn't seen it. Yes - well done - there is some debt and it has gone up. Does that mean the stock is worthless then, and if not, what is it worth essential investor?
Posted at 07/9/2022 16:30 by wigwammer
This is the piece of deep dive research that essential investor shared with the board a few months ago. Careful, you may need a PhD to understand it, and glasses if you didn't notice it for yourself in the report.. "Where has that net debt come from, thought they were about debt free?."
Posted at 07/9/2022 16:25 by wigwammer
Again imatsu, my post was meant for our simply essential investor. Lol :)
Posted at 07/9/2022 16:10 by wigwammer
Apols Tom. Prior post meant for essential investor and his "dark irony" (think we may have a hannibal lecter wannabe!)
Posted at 08/6/2022 15:28 by robertjevans
Big drop in share price over the last 2 days (circa -25%)
Now trading below the bottom of the initial Covid crisis.
Possibly investors getting impatient or maybe hitting stop losses.
Unless something has gone very wrong behind the scenes then this looks oversold big time.
With schools back to normal and with catch up budgets the profits should be increasing.
Trading statement should be out in early July.
I'm adding to my holding at this price.

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