Rm2 Share Discussion Threads

[dexdringle] 01/2/2019 10:18

...you know your day job......

[jimmyloser] 31/1/2019 07:09

Dex, I was wrong, I admit it, I am not abashed....
My hopes dey been dashed
No news have dey flashed
So me shares will be cashed
de money will be splashed
On ensuring I get lashed!

Have faith
Jimmy

[dexdringle] 26/1/2019 14:07

jimmyloser11 Dec '18 - 16:26 - 990 of 997
"I now fully expect a flow of positive news.
You can tell me if I was right or not at the end of January"

You were not right.

[dexdringle] 07/1/2019 18:31

Pleasing news ? That they have granted free share options which are triggered by very unstretching targets? Are you mad?

Apologies if you were being sarcastic and your sarcasm has gone over my head !

[jimmyloser] 28/12/2018 14:03

More pleasing news from RM2 - You know my views, this is set to be a star performer in 2019.

impo/dyor

[topvest] 14/12/2018 21:44

Down to 1p again no doubt.

[montyhedge] 14/12/2018 14:52

I see another of Woodford's stock down PurpleBricks, incredible.

[ltcm1] 14/12/2018 14:25

Very amusing Dex and more than a grain of truth there.

Regarding the weight, the weight as a percentage of load on the pallet is going to be very low so even if you halved it the transport savings would be tiny.

The thing with wood is it's hard to beat as a performer. The rough nature of them menas they grip the load well, metal and plastic could be too smooth in the wet say and the load could shift.

I think the pallet problem is a lot more complex than it first appears, perhaps there is no better solution at present.

I think you can make biomass pellets out of pallets so they are maybe quite green.

[sweet karolina] 12/12/2018 20:17

Woodford et al have just forked out £1 for placing shares that retail at 65p. No wonder the Woodford funds are going down the pan.

[jimmyloser] 11/12/2018 16:26

I now fully expect a flow of positive news.
You can tell me if I was right or not at the end of January.
This is poised to deliver!

impo/dyor

[topvest] 26/11/2018 20:56

It seems to be clear to everyone except Mr Woodford. He is either a genius or has lost the plot totally.

[dexdringle] 26/11/2018 20:33

Ahhh Jimmy. I have to admire your (presumably blind) optimism !

[jimmyloser] 26/11/2018 20:23

Not to me it isnt. A new dawn beckons for us.It is in the runes!Impo

[dexdringle] 26/11/2018 19:22

It is actually embarrassing now. Surely the razzle dazzle has gone on long enough now and it's time to let this thing go to the great failed company resting place in the sky.

Surely it's clear to everyone now that this thing ain't going to work ?

[snake oil] 26/11/2018 12:40

C'mon folks, RM2 was a rip off from the get go. The fancy rich boys wanna be entrepreneurs simply do not have the business savvy to make this anything but a slowly sinking ship.

[scemer] 26/11/2018 08:57

Yes Dex but these people are so far in they will have to AV down to stand a chance of a return and things look to be turning however bad it's been look etc

[willwill72] 02/10/2018 00:02

Question at this point is not about positive ebitda. gobsmacked any of you would believe that. Question is whether woodford’s continued investment goes down as history’s best exemplar of the sunk cost fallacy.

[dexdringle] 24/9/2018 16:03

So that's it. The original scope for the whole project RM2 business plan was based around a massive demand for pallets that were easier to sanitise ?

And that was thought worthy of millions and millions of £ of investment ?

Nothing to do with being lighter, stronger, lasting 3x as long, being more environmentally friendly, safer, easier to track and the first major supplier in a fragmented pallet manufacturing world.

Blimey - imagine if they'd gone for all of those other things too. That really might have been something that was a significant game changer.

Oh well. You can't win 'em all.

[snake oil] 24/9/2018 10:57

The solution is simple: it eliminates all that extra weight in the pockets of shareholders.

The market niche is in food and beverage as its pallets are easier to sanitize. Other than that bar codes work quite well.

[dexdringle] 24/9/2018 08:15

Funny reading the Edison note from 2014:

"The year or so since RM2’s IPO has been spent establishing robust manufacturing and generating a pipeline of sales leads, some of which have been converted. The next phase of its development is to show that it can deliver and manage its initial substantive contracts. Success here will demonstrate the business model more fully and bring longer-term prospects into clearer focus. We expect RM2 to become EBITDA positive in FY16 and our illustrative DCF values the company at 370p"

As has previously been mentioned on here, have RM2 tried to solve a problem that didn't exist. Where was the demand for a resin pallet (vs a traditional wooden one)? Who asked for 'pallet tracking'? Do suppliers or retailers have a problem with pallets full of stuff going astray? Do they need to track goods to that degree or do they just order them and they turn up anyway? Or is it about the actual empty pallets going walkabout?

Does anyone know what (and whose) problem the RM2 solution actually solves?