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% 1.375p 1.25p 1.50p 1.375p 1.375p 1.375p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 7.2 -42.8 -10.5 - 60.99

RM2 Int Share Discussion Threads

Showing 901 to 922 of 925 messages
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
DateSubjectAuthorDiscuss
01/5/2018
07:27
Kevin Mazula and Co. have certainly gotten to grips with what was needed. I like the re-affirmation of general ebitda in 2019 - didn't need to say that to-day but they did! and the strong hint towards China manufacturing. Positives to me. impo/dyor
jimmyloser
22/4/2018
10:51
Can anyone advise if this actually happened...tia jl Application has been made for the First Tranche Placing Shares and the Conversion Shares, accounting for, in aggregate, 4,435,957,235 new Ordinary Shares, to be admitted to trading on AIM, which is expected to become effective on or around 19 April 2018
jimmyloser
14/4/2018
09:52
Has anyone ever seen a monetary value mentioned in an RM2 trading statement or customer update? New shares hit the market next week.
hpcg
13/4/2018
18:36
Well they have made a sale, so it’s turned a corner. Whether they will make any gross profit is another matter. Net profits are years off, but Woodford has his overdraft available.
topvest
13/4/2018
15:24
Ipo ‘d 88?? I think this has turned a corner Backing this winner
kaur70
12/4/2018
21:18
18th January Woodford said Capita was the best FTSE 100 investment anyone could make. We all know what happened 10 days later... He only pumped more cash in here in order to avoid the bad publicity - he had backed a dud.
ltcm1
12/4/2018
19:10
Two interesting (to me at least) snippets from the recent RNS >Key Performance Indicators are reducing operating costs of the business to a pre-determined level, launching next generation IoT Cat M ELIoT pallets and achieving commercial deployment of RM2 ELIoT pallets by certain milestones, as determined to "Woodford's satisfaction" >RM2's business and operations are expected to experience “rapid growth”. DYOR/IMPO
jimmyloser
12/4/2018
09:48
RNS expected to-morrow as the meeting is scheduled for 7am in Luxembourg I believe Friday 13th! Friday 13th yikes! lol impo/dyor
jimmyloser
12/4/2018
09:30
Short term it heads to the 1p placing price. Likely zero after that but a stay of execution from the cash injection / dilution.
hpcg
12/4/2018
08:43
I take the opposite view, tomorrow the resolutions will all be passed, shortly we will start to hear of contract wins...........this has winner written all over it. A line in the sand! Money going where my mouth is. jl impo/dyor
jimmyloser
06/4/2018
21:25
Good luck. Think its a loser myself. Why pay more for a pallet? Just can't see companies going for it in the numbers they need to make this successful. It will eat cash! It reminds me a little of Wheelsure on Plus that I have about £10 of shares in. Great innovative product. No gross margin and no volumes. Eats cash!
topvest
06/4/2018
07:37
WE ALL HAVE A REASON.................. I have been buying in here for a few weeks now. My take is that this has been a painful experience for folks both inside and outside of the business. Reputation and credibility damaging from the inside and also add to that financially from both the inside and outside. I was alerted to the existence of RM2 in that disparaging Sunday Times article last year. From that time it appears to me that they have worked tirelessly to right the wrongs and boy does there seem to have been a myriad of wrongs. One could be forgiven for wondering just how such an accomplished management team and investment community could do so badly. My interest was spiked when they changed adviser to Hanson's as it appeared to the outside world that this was a basket case. The fact that Hanson's took them on said that somebody credible believed! My interest increased when they kept delaying what to many of us was the inevitable. Additionally they found enough funds to carry on week after week. I asked myself why? To me the answer was clear enough. They had sorted out their problems and the number of believers was increasing. The winning of that award was another marker, it said the product is credible. The constant referral to a Fortune 500 company and the closeness of securing an order also helped. Then came the cash. Neil Woodward is nobody's fool and like everyone reading this, he and his team make the odd mistake but they are outweighed by solid investments. This in reality in their big picture is chicken feed I suspect and sits in the portfolio as a dot! The next few weeks may well be flat and mundane but I am hopeful that by the third quarter July>September, that the recent injection of confidence will be seen as shrewd and justified. For my sake, I certainly hope so impo/dyor
jimmyloser
31/3/2018
15:10
Taxing anything plastic is coming I reckon.
montyhedge
31/3/2018
12:53
lctm1 - LOL...very good point!
topvest
31/3/2018
12:19
The combination of price, compressive strength, weight and ease of fixing one piece to another makes wood hard to beat. Plus it can be recycled. They might have been better off going for wood based web beam pallets in the same way they make joists in houses now. Wood with a lightweight metal web. Plastic pallets must be a hard sell just when everyone is trying to reduce plastic. Imagine the publicity if they were to turn up in the sea say.
ltcm1
31/3/2018
10:43
Trouble is they tried to reinvent the wheel, wood is the best.
montyhedge
31/3/2018
09:42
Wood as a material is very hard to beat. You would think you would know that when your name is Woodford.
ltcm1
30/3/2018
21:42
When they came to market the very clever business model was all geared to build reusable pallets which you would lease to companies rather than sell. After their first year this business model tested and found to be unviable. In short the market for such a service was simply not there. At this stage they should have held and EGM to see if investors wanted to embark upon another plan or wind the business up. Had the business been wound up they would easily have got 80% of there money back.Instead after numerous disasters and further injections its all gone down the toilet.The blame needs to be shared amongst incompetent fund managers like woodford as well as the board.None of wish share any basic business or entrepreneurial acumen between them.
my retirement fund
30/3/2018
21:31
and so to listen to the doomsayers this is why this bombed out no hoper was just able to raise 38million dollars from people who must be clearly without brains. Change the tune and sit back and see what the next six months brings. If Sunderland are winning at Derby to-night then anything is possible. lol impo/dyor
jimmyloser
30/3/2018
20:29
You have to read back through the thread to get an overview of the true story. There was a report from a first hand user that, at least in the paper trade, the operatives hated the pallet. Accountants may have liked the PaS model which reduced upfront cost. Since then they have coated them to make them less slippery, but take up is still low. Businesses need to get their goods to market and the pallet cost is an unimportant part of the value chain.
hpcg
30/3/2018
18:29
The concept does seem viable because there is another company doing a similar thing. Only they started with $5m I read. It does seem rm2 have wasted all their cash on manufacturing and the cost of establishing the product will require a whole lot more cash. You would think they will need a chunky sales and marketing budget if they have no organic growth. I've had concerns about the end of life process with these pallets but I think their website said it was all covered as regards recycling. Not a sucker stock perhaps but hardly the oven ready vehicle Woodford proclaims his WPCT stocks to be.
ltcm1
30/3/2018
17:59
This company is referred to as a Suckerstock using Stockopedia terminology. No sales, massive cash burn but a blue sky ambition. Story stocks seriously diminish your wealth unless you are very wise or lucky. What’s wrong with scruffy wooden pallets that are more environmentally sound? Why would companies change their pallets and do they really care anyway?
topvest
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