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% 6.00p 5.50p 6.50p 6.00p 6.00p 6.00p 131,886 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 7.2 -42.8 -10.5 - 29.71

RM2 Int Share Discussion Threads

Showing 701 to 724 of 725 messages
Chat Pages: 29  28  27  26  25  24  23  22  21  20  19  18  Older
DateSubjectAuthorDiscuss
15/9/2017
22:28
Don't see any trades. Nominal price seems to be about 6p. Are they still in business
primachm00
29/8/2017
23:17
I've got an idea for a plastic skip, perhaps Neil Woodford will advance me £100m to build a factory. Is RM2 the worst business - in the world???!!!
ltcm1
26/8/2017
15:33
I'd like to see Woodfood go on Dragons Den with his pallet!!! Aren't there about five 'captains of industry' on the board too??? Guess it must have been an Allied Minds invention.
ltcm1
25/8/2017
14:59
Jackbal, Happy to talk about RM2 here if you want, which without a doubt looks to be heading to zero. But if you want to discuss HNR then let's do it on the thread that I created: http://uk.advfn.com/cmn/fbb/thread.php3?id=41322372 And please make sure that you read all of the header including the "Update: 7 July 2017" bit where I closed my position. warmest regards, JakNife
jaknife
25/8/2017
14:49
Jaknife, when you call zero it's a good reverse indicator! Hnr a prime example, got any others you are calling to zero?
jackbal
22/8/2017
09:43
Market cap £30m, still £30m to much, company tried to solve a problem, that was not there, wooden pallets cost 50p. Black eye for Woodford the wonder boy.
montyhedge
22/8/2017
09:41
Happy to hear why jimmy, it looks a basket case to me and heading to zero.
jaknife
22/8/2017
09:37
I don't want peeps to feel that it is cursed with 'loser' part.- lol This is a little bit of fun for me but it is really fascinating - I smell interesting developments and sooner rather than later impo.
jimmyloser
22/8/2017
09:31
Still watching but still not buying yet. Why apologise for your username - you chose it !
masurenguy
22/8/2017
09:20
I am buying in here this morning (sorry about the name). impo, we have something interesting developing. dyor of course. Enough to have an interest
jimmyloser
20/8/2017
21:38
hTTps://www.thetimes.co.uk/edition/business/woodford-backed-aim-darling-facescrunch-vw0gq76wq
cottoner
11/8/2017
07:18
Could be suspended from trading if it runs out of cash?
kendonagasaki
09/8/2017
17:39
Probably going for bankruptcy here imhoNot much cash left now and unable to dilute through further ipo'sIt's over here!
kendonagasaki
09/8/2017
17:37
Well it's good to see the free fall continue!50p a pallet anyone?
kendonagasaki
03/8/2017
10:28
Trouble is company is trying to solve a problem thats not there, wood pallets 50p a pallet.
montyhedge
03/8/2017
10:24
You're right DB - my mistake on the date ! So Judd didn't last much longer than Scaramucci - less than 5 weeks as CEO !
masurenguy
03/8/2017
09:35
I think you mean just over a month. Judd replaced the incompetent Walsh just over a month ago
dr biotech
03/8/2017
09:08
This has proven to be a disastrous investment so far for anyone who bought in at the IPO. Since then the shareprice has fallen by over 90%. I have watched from the sidelines since the IPO but have never been convinced that they have found the right business model to capitalize on the undoubted opportunity. Over a year ago I posted the following: Masurenguy 1 Mar '16 - 420: RM2 have some interesting Executives and investors (like Woodford) who must be aware of this history and yet still see some credible potential, otherwise why would they get involved. However, potential is one thing and realization is another. It is the latter which constitutes the major risk factor allied to the amount of investment that may have to be made in order to ramp up production and obtain a growing market share. I'm happy to watch from the sidelines until some catalyst indicates a genuine breakthrough with both their product and logistics. If this subsequently happens then I reckon that there will still be some time to jump aboard in order to get a decent return here. In less than 18 months the shareprice has plummeted by a further 75% to an ATL of 7.25p this morning. They have lost over $110m over the past 2 years. The departing CEO lasted just over a year despite the fulsome praise by Chairman Molson when he was appointed last year. Ian Molson, RM2's Chairman, commented: "Jasper Judd is an industry heavyweight who has the experience, leadership credentials and deep sector knowledge to take RM2 forward. He is highly respected in the industry and I am delighted that we have been able to attract someone of his calibre to take over as CEO as we prepare for the renewed commercial rollout of our disruptive platform. Jasper's deep industry experience will be invaluable in helping the Company meet its potential. This could crash and burn or maybe the Chinese will pick it up for a song once the cash runs out.
masurenguy
03/8/2017
08:52
CEO didn't last then. More buffoonery. Shame, I thought it was a decent product but shows what incompetent management can do.
dr biotech
24/7/2017
19:22
Yup, someone will hover and make a killing....glad I have been out for a while as well, shame seemed to be heading in right direction...GLA
qs99
24/7/2017
18:45
no surprise with that announcement then. Who would want to poppy up another $60m into this right now?? At first blush, you'd simply say that would just cover another year's losses. Woodford can hardly take all that new stock on. If he did, he would effectively be buying the whole company. Neither can he dump his holding in a hurry as there's no bid for the stock right now. They need to get that rental income up at least another 200-300% before folk might get interested. The company needs to significantly lower its short-term ambitions, scale back its operations and play the longer game with main focus being on the rental pool. Whether or not management can see that inevitability remains to be seen but, with cash getting low and no obvious source of more, they have no choice. I still do not see how a slippery and heavy plastic pallet is a disruptive force in this particular market though. Wooden pallets are just too well established. They need a rabbit and a hat from which to pull it pretty fast else, its the knackers yard. Brambles buying them out for 5c on the $ is a possibility I suppose.
mattjos
24/7/2017
15:56
remarkomsoc Agree, he is not the superman everyone thinks he is.
montyhedge
24/7/2017
15:47
One swallow does not make a summer and one bad stock does not undermine a portfolio !
masurenguy
24/7/2017
15:36
after this disaster, who would invest in a woodford fund? i would not
remarkomsoc
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