RM.

Rm Plc

88.10
0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Rm Plc LSE:RM. London Ordinary Share GB00BJT0FF39 ORD 2 2/7P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 88.10 0.00 08:00:28
Bid Price Offer Price High Price Low Price Open Price
86.20 90.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Computer Related Svcs, Nec 219.04 -14.50 -17.30 - 73.89
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 88.10 GBX

Rm (RM.) Latest News

Rm (RM.) Discussions and Chat

Rm Forums and Chat

Date Time Title Posts
16/5/202315:28RM Group - education, education, education202
13/3/202309:48Looks like money to be made ?277
15/11/202017:41Focus is key4
17/9/200413:05A good growth prospect80
31/7/200310:25RM - IT play on one of the fastest growing Outsourcing sectors9

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Rm (RM.) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Rm (RM.) Top Chat Posts

Top Posts
Posted at 15/5/2023 15:59 by sspurt
Rockwood pushing RM in their current roadshow. Maybe we will get a trading statement sometime soon rather than wait until August for the interims.
Posted at 11/1/2023 10:28 by sspurt
New CEO, Mark Cook, is a turnaround specialist by all accounts, most recently at Capita. Must be more to go at RM I guess - I was hoping we were coming out of the woods anyway.
Posted at 06/1/2023 19:19 by geoffw999
"Aston Girl28 Dec '22 - 07:38 - 190 of 194
Good morning, I see that RM. will realise $10.2m for the sale of c294,000 IP addresses
The cash proceeds will be “used to strengthen the balance sheet”
I bought in near the start of December 44-45p on the news of their £16m disposal.The potential is hopefully there as they continue to dispose of non core assets (while also sorting out their disastrous IT implementation)
High risk tho & not for widows and orphans"

What is your source for this information (re sale of IP addresses for $10.2m)? I can find no other mention of it.

Posted at 28/12/2022 08:32 by smithie6
grinding upwards

how much of the previous price of 250p will it claw back ?

75-100p should be fairly easy imo in the short term....& then start looking at >100p, but that will need the news from the future....

Posted at 28/12/2022 07:38 by aston girl
Good morning, I see that RM. will realise $10.2m for the sale of c294,000 IP addresses

The cash proceeds will be “used to strengthen the balance sheet”

I bought in near the start of December 44-45p on the news of their £16m disposal.The potential is hopefully there as they continue to dispose of non core assets (while also sorting out their disastrous IT implementation)

High risk tho & not for widows and orphans

Posted at 21/12/2022 15:46 by geoffw999
Shares back above 50p today for the first time since the Aug 22 price collapse.
Posted at 04/11/2022 13:54 by smithie6
46k shares sold at 35p when mkt price was 34p to sell

mkt price to sell then moved up to 35p

-----

imo buying is still going on by the big fish

strong hold/buy imo

Posted at 03/11/2022 15:07 by smithie6
Why not ?!!!!

------

the co. had profitable divisions then, I see no reason why the past profits can't be repeated (& hence the share price, as first guestimate) once the overrun of the current software project is fixed.

or you have some justification for why it can't happen ?
the client demand in the education sector has evaporated ?! I don't think so.

Posted at 08/9/2022 10:17 by avenue_of_revenue
Sellers cleared now, reason for sharp decline, Free to move up now. Share price at year low, could multi bag at any moment.
Posted at 23/8/2022 09:09 by tomboyb
(Alliance News) - RM PLC shares dropped on Tuesday after the company skipped its interim dividend, reported a swing to loss, and warned on profit in the short-term.

RM shares were trading 31% lower at 68.30 pence on Tuesday morning.

RM is an Abingdon, England-based provider of technology and resources to education sector.

It swung to a pretax loss of GBP7.2 million in the six months to May 31 from a profit of GBP2.9 million a year before.

Operating expenses jumped 38% to GBP40.6 million from GBP29.4 million, but revenue grew by just 4.4% to GBP100.3 million from GBP96.1 million.

The company attributed the revenue growth to strong international sales in its RM Resources unit, as well as a full series of UK school exams.

Nonetheless, RM said revenue was below expectations:

"It is worth noting that revenue was lower than anticipated, held back by the short-term impact in RM Resources of delayed shipments at the end of the period due to the implementation of the new IT platform."

RM decided to skip its interim dividend, due to the elevated costs and timeline associated with the deployment of its IT platform. The firm paid an interim dividend of 1.7 pence a year ago.

Looking ahead, the company warned of challenging headwinds, such as inflation and high energy costs.

RM said that the IT implementation coupled with the current macroeconomic challenges will "dilute" profit conversion in the short-term.

Rm share price data is direct from the London Stock Exchange
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