Share Name Share Symbol Market Type Share ISIN Share Description
RM2 Int LSE:RM2 London Ordinary Share LU0994178464 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% 13.25p 13.00p 13.50p - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 7.2 -42.8 -10.5 - 65.61

RM2 Int Share Discussion Threads

Showing 651 to 673 of 675 messages
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DateSubjectAuthorDiscuss
06/7/2017
17:38
Having wasted hundreds of millions of pounds in pursuing the wrong strategy, the company will require hundreds of millions of pounds to fulfil contract agreements on their new strategy. Won’t filling my boots with RM2 anytime soon. There are 9 red flags I spotted of RM2, which you can read HERE: - http://bit.ly/2uuOgd9 Also, included are some strategies I laid out if you think there is a recovery.
walbrock82
04/7/2017
22:29
Anyone worked out WIM's average? Woodford is continuing to averaging down and now holds a blocking stake in the company, albeit a company that continues to burn cash at a prodigious rate & issue new equity by the shedload. The new CEO (ex Brambles) is the sort of chap they should have had at the helm from the start or, at the very least, the person responsible for commercial strategy.CHEP's pallet pool is the business model they are trying to emulate and it's a proven model.I'm still not persuaded about their pallets being 'disruptive' though.I suspect this will remain under pressure until at least the September interims to determine whether or not they can now really start to drive the rental income. Mkt cap still looks much too high at present given the recent results.
mattjos
30/6/2017
19:57
Purplebricks has done rather well though. I am guessing the CEO had to fall on his sword here to get the placing away. Not surprising, he has burned through a lot of shareholder funds here through incompetence and wishful thinking. FWIW i still think the pallets are a good idea, but I won't be back anytime soon.
dr biotech
30/6/2017
17:00
Woodford sure does pick some duff stocks - this and GMD have both been utter stinkers.
phowdo
30/6/2017
16:32
Glad I'm out. Also glad the clown of a CEO has gone, he should have been sacked last year though. Feel Sorry for those left holding the baby.
dr biotech
26/6/2017
07:27
Results due by 30th. Perhaps they will give us the update they promised for Q1. Can't say I am optimistic. The lack of info treats their shareholders with contempt. Seems they will only tak to them when they have to by law...we were promised an update Q1 it will be Q3....
dr biotech
31/5/2017
08:11
Maybe rm2 bottomed around 18p hope so cause I averaged down
rob1ng
17/5/2017
11:34
The manufacturing was incompetence at is worst - unsuitable design (coating) and they couldn't make enough or at the right price. The factory has shut and the equipment was shipped off to China. I'd love to be able to give an update on how that has gone - we were promised one in Q1 but that was just more management BS (along with updates on sales). Unfortunately no communication equates with lack of progress.
dr biotech
17/5/2017
10:24
Think they are just embarassed at what a shambles this company is. Disastrous production obviously no1, but their communications to shareholders is also inept. RNS are poorly written and have typos - so does their presentation on the Eliot pallet. Product is good - it can still be a winner. I actually still have 2k invested as a token amount in the Mrs account, but my smallest holding of anything.
dr biotech
17/5/2017
08:59
Dr B from the 2015 accounts The non-executive directors of the Company have elected to receive 2016 board fees in the form of 10-year options vesting after three years and granted at fair market value, exercisable only when the average closing price of the shares exceeds 100p for thirty days. These options are expected to be issued in the next open market window.Hopefully a lot of work in the background
scemer
11/5/2017
12:30
The article on the weblink is appalling. Poorly researched and even more poorly written. I assume that English is not the first language of the author Anyone who is remotely interested (and for the record I no longer hold a position here) - the large cash burn was mostly in setting up and developing their own production. This has now closed and they are made by 3rd parties which will bring down the costs and overheads. You can find the answers to your questions in the RNS statements released about this time last year. The "research" on the prices of pallets is hilarious. You are comparing a new fibreglass resuable, pharmaceutical safe pallet, with a knackered wooden one on Ebay. I don't trust the RM2 management to deliver, but I'd trust any article on that website even less.
dr biotech
11/5/2017
12:14
To me they tried to solve a problem thats not really there, nothing wrong with wood and substainable wood at that.
montyhedge
11/5/2017
12:11
Either this company is a dud or it went to the market at the wrong time. Nonetheless, they didn’t deliver for shareholders as shares are 75% lower than IPO’s price of 88 pence. Consider these two facts; - A. Since 2013, total operating loss came to $157m, or £120m; B. Cash balance went from $115m to $4m in two and a half years. We will know how much revenue has grown by late June. Despite the latest deal with Pactiv LLC, the share price didn’t response. To be honest, I expect further financing meaning more share price dilution! For more, check out the post which covers the following: Cost of a wooden pallet, the correlation between share price and cash, Neil Woodford, etc. (http://bit.ly/2q8fowW) Some people would argue that RM2 Intl. needs to reach an economy of scale for it to become profitable. That might be true, but we all know it is a long way off! For those who are evaluating RM2 Intl, ask yourself these questions: A. What is the breakeven point? B. How many sales does it need to produce annually to break even? C. Will the costs come down enough to make RM2 a viable investment proposition?
walbrock82
09/5/2017
11:37
Sorry to see you go Dr B - Your input especially re demand for hygienic pallets was useful BUT (apart from the odd -to date - profitable punt) I was put off by the "know it all" attitude of management when challenged and it was clear (to me) that they were lacking in shop floor experience
pugugly
09/5/2017
09:25
I have given up here. Lack of communication on manufacturing and customers. Will keep a watch on them though as the potential is huge
dr biotech
05/5/2017
16:41
monty - you may well get it - Punt time (imo) from 20p downwards - The bIG gamble is where .......... or will it all end up in Carey Street.
pugugly
04/5/2017
15:59
I will have a punt at 5p after the figures.
montyhedge
04/5/2017
15:45
Annual results are due at the end of June. There's some chunky forecasts for revenue in the second half but I'm not convinced that those forecasts are going to be even close to actuals.
jaknife
04/5/2017
15:21
The charts indicate a futher fall here.15p will be touched here, its in free fall here!
kendonagasaki
19/4/2017
13:43
nw99, I'd love to hear the reasoning why. JakNife
jaknife
19/4/2017
13:14
Its a buy all day long here
nw99
18/4/2017
12:02
Even at 20.5p it's an £86m market cap with £20m of expensive prefs on top of that. Revenues need to increase by more than a factor of 10 to get close to break even. And another £20m of prefs to be issued soon to shore up the last six months of losses?
jaknife
18/4/2017
10:20
Closed my short this morning... to early???? I don't know but feels about right
tdog1975
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