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RM2 Int Share Discussion Threads
Showing 651 to 673 of 675 messages
I'd love to hear the reasoning why.
|Its a buy all day long here|
|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?|
|Closed my short this morning... to early???? I don't know but feels about right|
|Could be approaching "GAMBLE TIME" though not for widows orphans or trusts !!!|
|A lot of places need a declaration of no wood packaging. Plastic covered wood is still wood. Risks bacterial contamination etc. RM2 pallets are heavier, they are also stronger and more expensive. So they are not for single use or low cost light goods etc, but they are very good for closed food chains etc where they can be cleaned and tracked.
Plastic pallets can also weaken with heat..there is no perfect solution|
|FWIW, I've had some feedback that RM2's pallets are very heavy and that this is seen as a big disadvantage.
Looking at the technical specifications, a standard wooden pallet is anything from 15Kg to 20Kg:
the RM2 standard pallet is 24.6Kg:
And the Ahrma pallet is either 20Kg or 22Kg:
This is coming from my Dutch buddie who's doing some finance work for Ahrma. He says that the wood part of the Ahrma pallet is not exposed to the elements. Does that seem correct?
|JakNife - Looks interesting - However apears very much a start-up and apart from initial PR via BASF cannot find much more on the web and ahmar's own limited website details - Nothing on adopters or costs - I suspect they may be having similar traction difficulties as RM2. Also as private company no published accounts.
Initial reaction could give RM2 serious competition.|
|I've found this competing start-up company in the Netherlands:
It seems to be a similar, if not identical product to RM2's. Any views?|
|The bear case here seems compelling. Can anyone articulate a Bull case?|
|Another Woodford problem child Could fall today be PI's selling for a tax loss or still fundamental problems - I suspect still the latter and the poison pill of the prefs.|
|I don't think you can ever read too much into single trades.
We need some sort of update on production and sales. Knowing how many they are trying to make and where they're headed..|
|Continuing to drift down - but if sacred entrails read correctly 44,029 picked up at only 22.685p - Big question What does he/she know or just a gamble ?
Most of the rest of today's action appears to be sells after 12:00 at below 22.5p. Tax loss selling ?
Edited after close. Another 50k appear to have been bought at 23p - ?? Could an institution be starting to build a position if all guessed buys today are the same buyer ? As seems a bit heavy for a PI.|
|Agreed Dr B. but no use manufacturing for stock - The production needs to be leased or sold. Ah well time will tell. Still on the side haveing sold out at 66p and 46p.
In addition Dr B i have recently revisited the terms of th Preference Shares - A dividend of 9% when any dividends declareable - Assuming the extra $10 million worthh are issued and assuming the same exchange rate (but now worse) the sterling issue price for the prefs (assuming a total issue of 63,500,000 prefs) at 35p per share to give a round figure cost of say £22,222,000 will require a dividend payment of £2,000,000 p/a before any dividend payable to the ordinaries and the Prefs ALSO are entitled to the ordinary dividend on top. Will the company ever earn sufficient to pay the dividend/s and/or buy them back "The Company shall (having providing 60 days written notice to the holders of the Preferred Shares) redeem the Preferred Shares on the fifth anniversary of the date of their issuance by paying in cash an amount equal to the Price per Share plus any declared but yet unpaid dividends."
I was thinking of having a small punt at thsi price but having checked the conditions have decided to stay on the side. e&oe. I think I have done the calculations correctly - can someone double check me please|
|Only recent RNS was that Walmart (guess) found them acceptable. Hard to know what is the total level of usage. Will most of their customers be using 1000, or 10000 or more? If they are having a lot of success at a lower level then it's great but not RNS worthy....
We should be due another manufacturing RNS soon, a general update would be midst welcome|
|300,000 dumped at 24.05p - Someone seems to be taking a big hit - An institution loosing faith ? If so could be the start of a futher melt down.
No indication yet from the coy ON THE DEPTH of take up - The message I receive from the latest rns's is that potential depth of acceptance is still mainly in a suck-and-see mode.
As a poster has previously noted Industry awards may give a nice warm feeling BUT are no substitute for profitable sales or leasing contacts. (All imo etc)|
|Humptydumpty- RM2 aren't American, and have never manufactured in the US. Are you using alternative facts?|
|One big problem Trump doesn't like American companies manufacturing abroad and selling back to America and these guys have moved all their production abroad. BIG PROBLEM!!!!|
|Oh well done all round on the award, but now don't you think it's time to actually make some money|
|remarkomsoc:> Well done noticing - YES HE DID !! Typifies for me the coys lack of attention to detail - If the CEO can be so sloppy it sends the wrong message to the employees - No six sigma !!|
|V unusual for the non-execs to take shares where the strike price is more than 3x the current price...hoping that the troubles are largely behind them. Only makes a small part of my holding, obcviously not without risk.
Woodford record is unsurprisingly better than mine, though as you say he is not infallible and has picked some real dogs over the last couple of years. NWBO, sphere medical, RR, amongst others. Has done well with others of course. hope this will be one of them.|
|Did they really say near future twice?|
|Dr B - Not really - They had to do something to reassure the market and Major Shareholder possibly insisted that they do this to motivate them to perform. Woodford must be spitting blood at their apparent failure to perform.
A previous holder who believed in Woodford but now realise he does not walk on water but still watching and waiting for a reasonable re-entry point.|