Share Name Share Symbol Market Type Share ISIN Share Description
Rm2 International S.a. LSE:RM2 London Ordinary Share LU1914372336 ORD USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 8.50p 0.00p 0.00p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 4.9 -32.3 -8.1 - 12

Rm2 Share Discussion Threads

Showing 1101 to 1121 of 1125 messages
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
DateSubjectAuthorDiscuss
23/7/2019
07:46
why dollars?
jimmyloser
23/7/2019
07:31
As predicted... phowdo 26 Mar '19 - 15:55 - 1016 of 1078 Another 6 months should see the shareprice back to where it was before the 1 for 200 consolidation. conditional Placing of 300,000,000 new Ordinary Shares at a Placing Price of US$0.02 per Ordinary Share
phowdo
03/7/2019
10:28
The Investor's Champion's historic focus on smaller companies has highlighted many failures and plenty of cash guzzling companies, but RM2 is exceptional in terms of the apparent lack of progress it has made since listing, at least relative to the huge amount of capital that has been invested. hxxps://www.investorschampion.com/channel/blog/rm2-international-this-woodford-failure-is-more-significant-than-it-looks-a
investorschampion
03/7/2019
07:29
daffyjones - Interesting article - Thanks for posting - I wonder if they ever made the 1.3 million or more palles and if so ho many still exist and what they might be worth. Cold Woody have a "fire sale" of the residual stock and recover a few £ million or are they NBG for anything now? Other message received "Take all magazine and newspaper tips etc with large sack of salt"
pugugly
01/7/2019
22:30
Oh dear 243 m mkt cap back then. Well done shares mag!
escapetohome
01/7/2019
22:18
Https://www.sharesmagazine.co.uk/article/rm2s-story-stacks-up 😂😂😂
daffyjones
01/7/2019
08:19
Temporarily - yeah right! Temporarily followed immediately by delisting!
jackbal
01/7/2019
08:12
Game set and match - Suspended. Re 1062 - Times wrong (imo) to say "business-savvy board" They were probably very good man managers but had all come from large companies and may well have totally lost touch with the "oily-rags" who were/are responible for running the day to day logistics of warehouses and transport - High profile management retiring from or moving from large companies to small start-ups very often forget that small start-ups are totally different animals.
pugugly
30/6/2019
14:08
MRF - Calamitous or duplicitous or both! I just find the sheer amount of cash burned hard very very difficult to fathom given that there is almost no tangible progress whatsoever. If process was as slow as is evident why on earth was cash burn so high for so long. We will never know the true story of what actually unfolded here but I bet there is much more than meets the eye. Even by dot com standards this would have been eye watering. At the very least would have expected them to be sitting on a load of pallets gathering dust. Shame on you Rose, this was on your watch
jackbal
30/6/2019
09:56
Given the clue was in one of their first ever trading statement after IPO it was pretty obvious from them then changing the business model that the original concept was a dud.All these years later looking at the money taken from shareholders and spent, one logical conclusion must surely be that there has been industrial scale fraud here ?
my retirement fund
30/6/2019
09:27
Brewsters million’s comes to mind. I only put fruit machine money into this and knew it was very high risk so really didn’t do anywhere near enough research but I was shocked that after all that cash burn they didn’t even have enough pallets to meet demand given previous RNS regarding them retrofitting etc. I thought a chunk of sunken cost would be tied up in inventory. I read somewhere they have 70 employees too! Wages must be at least 100k per month, prob seemed good value to NW on 100k per day! They should write a book about this monumental f up, Might sell quite well given Woodford significant involvement.
jackbal
29/6/2019
21:07
If they haven't spent the $300m making gazillions of pallets WTF have they spent it on ?
dexdringle
29/6/2019
19:27
This company will be sold for a quid, nothing left in the pot and no room for manoeuvre!
bookbroker
29/6/2019
19:22
Seriously - you couldn't come to the obvious conclusion that after several years of not selling any pallets that is was more than likely that no one wanted to buy them? Investing really is as easy at that sometimes.
hpcg
29/6/2019
18:27
I had a punt on these as I thought Woodford would have no choice but to stump up the other half of the placing at same level as before. I was wrong, he halved the price due to kpi’s not being met and dilution was almost terminal. However I still retained long term optmimism as I thought he can be wrong 3-4 times but that he was a pro and would cut losses if the case was hopeless or had to be right eventually like a broken clock. How wrong I was! He simply vanity funded it with other people’s money! A lesson learned in terms of never trusting others research as a basis for your own! I overestimated how little room for error there was in his analysis and underestimated how calamitous this business is! I have to say that I find this company almost humorous (would be much funnier if I wasn’t losing 90+% and in all probability eventually 100%) but how could they continue to pump in tens of millions with no revenue surge in sight. It’s so ridiculous it almost seems duplicitous. $2 million cash burn per month after they streamlined SG&A and they don’t even have enough pallets to meet demand. WTF, oh my WTF!!!!!!!
jackbal
28/6/2019
12:43
Nearly $300m spent and what exactly do we have to show for it ???
dexdringle
27/6/2019
08:27
From todays issue of The Times. I've never invested here either. "RM2 has proved an object lesson in how to turn a smart idea into a rotten business. Despite the business-savvy board, RM2 made two basic errors. It failed to find a cost-efficient way to make its pallet. Losing $77m on just $104,204 sales might be understandable in 2013’s start-up phase. Yet even by 2017, the latest full-year figures, RM2 still only had $6.6m sales — but $44m losses. In fact, in five years, losses total $280m. John Walsh left in June 2017, with RM2 now on to its third chief executive, though Mr Molson, Lord Rose and Paul Walsh are still aboard. And one investor has kept the faith, upping his stake from an initial 9% to 40%: yes, Mr Woodford. Still, no escaping the unpalletable truth: even good ideas like Blockpal can leave you looking a bit of a blockhead." hxxps://www.thetimes.co.uk/edition/business/a-not-so-palletable-investment-k3jbwttm5
masurenguy
26/6/2019
22:06
Volsung, i think youll need a new supply of Orangemen to save this ship from sinking.x 100 would be my guess. I ve never dipped in a toe here, and I never will. Suicide.
escapetohome
26/6/2019
21:40
Orangemen burn loads of pallets every July. Could they save RM2?
volsung
26/6/2019
21:25
Well we all know the answer to that one TV - NW didn't want the bad publicity.
ltcm1
26/6/2019
17:51
Oh what a predictable end. No doubt the technology will be sold to someone for a deminimus sum as and when this folds. It was plain to see a long time ago. The cash burn is ludicrous. Why did Woodford compound his stupid original investment with putting up more cash for an investment that wouldn’t even get through Dragons Den?
topvest
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
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