Rm Share Discussion Threads

[pictureframe] 16/8/2004 08:47

ALL BUYS AGAIN SO FAR

[surfcontrol] 14/8/2004 11:12

Friday was a good day for RM. Suggest you also look at SRF ...

Takeover bid for Surfcontrol (SRF) imminent...

Current Surfcontrol price : 520p (market cap. £160m / $295m)

Prospective Takeover Bid : 730p (Cash bid of £225m / $415m)

Bid Premium : 210p (+ 40%)

Bid Timing : Before Surfcontrol Q4 results on 7th September

Bidder : Advised by Deutsche Bank / Goldman Sachs

If you're interested in SRF, i suggest either invest direct or buy spread bet with stop loss at 450p

[pictureframe] 13/8/2004 09:51

I just bought some after reading RNS and last accounts.

Directors bought loads in July

RNS Number:9254B
RM PLC
13 August 2004


13th August 2004

RM plc comments on trading - turnover and profits expected to exceed market
expectations for the year to 30th September 2004

RM plc, the UK's leading supplier of information and communications technology
(ICT) and other services to education, is today providing a trading update
following the completion of the Group's peak summer order intake period.

Order intake during the second half of the year so far has been ahead of
management's plan, reflecting a strong performance in the Group's individual
schools ICT business. Since many of the shipments related to this order intake
will take place during August and September, the Group expects that turnover and
trading performance for the year as a whole will exceed current market
expectations.

RM expects to provide further details on trading for the year as a whole in a
regular pre-close update during the second half of September.

Tim Pearson, CEO of RM, commented:

"RM's results for the year as a whole will benefit from the one-off factors
reported at the time of our interim results announcement in May. I'm very
pleased that, in addition, sales in the second-half so far have exceeded our
expectations, with stronger than anticipated performance in our individual
schools ICT business."

[pictureframe] 13/8/2004 08:48

Bottom of chart...
Ahead of Expectations..
Looks like at 20-30% rise this month...

Views ?

LONDON (AFX) - RM PLC, a supplier of information and communications
technology, said it expects sales and trading for the year to end September to
exceed current market expectations.
"Order intake during the second half of the year so far has been ahead of
management's plan, reflecting a strong performance in the group's individual
schools ICT business," the company said.
Many of the shipments related to this order intake will take place during
August and September, it added.
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[explorer88] 07/8/2004 13:07

Check out OMG (www.omg3d.com / www.vicon.com)

With world class products, new markets opening up and cash available for further acquisitions, we expect OMG's turnover to increase dramatically in the next twelve months. Our fair value price targets for OMG are:

July 2005 : 52p (market cap. £28 million) + 116% on current level
July 2006 : 91p (market cap. £49 million) + 279% on current level

Current Price : 24p (market cap. £13 million)

Siggraph event starting Monday 9th August will generate significant sales for new MX system

[giggsy] 14/7/2004 21:22

Sorry guys.

Having recently left the company, I have to say that the management of it is very poor right from senior mgmt level downwards. Too much beaurocracy and too many staff doing the same job. Turnover of sales staffis high as their is a distinct lack of commitment to their long tem future with the company (poor/lack of training etc)

Politics abound, the board are tight in that they appoint the most politically correct peopleto the senior mgmt posts not the ones they feel will do the job well.

Furthermore, the reputation of the company in its sector is not very good (similarly with Viglen). Schools are moving away from RM as they realise that there are other options in the sector to buy from. The vast majority of schools RM currently has feel "lumbered" with their systems and software. Utilisation of the solutions in many cases is minimal and the sector is realising that this company is in it for short tem gain as opposed to long term commitment. In education that NEVER goes down well.

Ask any company in the sector about RM and you will invariably get some grumbles.
IMO this stock has some way further down to go.

[oxdjr] 28/6/2004 18:16

About time this share started moving upwards !

[blunderbuss] 10/6/2004 13:47

The best buying opportunity for a while today

[blunderbuss] 07/4/2004 15:42

Interesting to note that Mr Johnson tells us that their holdings have gone up from 2.66% in February to 3.11 by today.

[blunderbuss] 20/3/2004 00:05

Details - just buy and hold until p/e>60

[turbocharge] 19/3/2004 12:45

A 139,000 sell @ 155 went through at 12.24

But comdirect still offering 155 bid, and a higher selling limit than buying. These shares that were sold must already have a buyer - lets see how the mm's work this one in.

My guess is there is still more upside.

[turbocharge] 18/3/2004 17:26

Oops, just read your post Bouf, which is along the same lines. Keep looking for that 'change of interest' rns.

OXDJR, I'm afraid my tea leaf skills have failed me in prediciting when we will see 170+. The vagueness of the pictures could mean it will happen within the next 10 days, or the other equally valid interpretation means at least another 6 weeks.

[turbocharge] 18/3/2004 17:17

Nearly three quarter million shares traded at mid price today - wonder if these are buys or sells.

Trade Code Time Trade Volume Bid Ask
303CYV2E04 13:54 152.5 186961 150 155
0010RV1B014 3:53 152.5 167500 150 155
303CXXIX04 10:31 152.5 200000 150 155
0010R5HC04 10:29 152.5 180000 150 155

Plus a 10,000 buy @ 155!

[the bouf] 18/3/2004 15:26

have you noticed the trades going through today? (four very large trades)

Someone seems to be accumulating!

[turbocharge] 18/3/2004 13:11

Just incase you're interested, here's an extract from the primer:

"SECTIONS OF THE CUP REPRESENT DIFFERENT PERIODS OF TIME:

The Rim - The present and near future
The Bottom - The distant future
The Handle - The home or surroundings of the seeker"

[turbocharge] 18/3/2004 12:35

OXDJR, let me read a bit more of the "Tea Leaf Reading Primer" and I'll try and come back to you on this one (I think it might have a section on timeframes).

Meanwhile other learned posters might respond?

[oxdjr] 18/3/2004 11:21

Do the tea leaf's show when it is likely to reach 170 - 190 ?
I appreciate your only a novice so I won't hold you to it !

[giggsy] 17/3/2004 14:31

Good budget speech fro Gordon on education spend. RM has some strong plans folowing its restructure of the business last year. It is easily the largest player in the sector and has some of the strongest levels of recurring revenues from software licences as well as new growing part of the busines. Now with the acquisition of Sentinel, there is only one way for RM

[turbocharge] 17/3/2004 12:12

Nice and steady, northwards she goes! I suspect the 6p spread is keeping the T10enners away from this one. It's as if RM have instructed the brokers to maintain the upward trend in an orderly and steady fashion.

I'll check out later what the tea leaves have to say about the possibility of a 175p med term target.

[turbocharge] 15/3/2004 13:08

Ticking up and looking good. I must use the tea leaves as an investment tool more often!