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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rm2 International S.a. | LSE:RM2 | London | Ordinary Share | LU1914372336 | ORD USD0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.50 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
28/3/2019 13:29 | ...good point. 'Reward for Failure' is alive and well. | dexdringle | |
28/3/2019 13:24 | Woodford is laughing all the way to the bank. His fundholders may be a little more anxious though... "Neil Woodford and his business partner pocket £37m windfall" | phowdo | |
28/3/2019 13:05 | ….ahh yes, I forgot about the generous redundancy packages. Just had a look at the RM2 website and the last "latest news announcement" regarding progress with contracts etc was from mid 2017. We've had two placings since then raising over £24M between them. Woodford is already down 66% on the money he spent on the last placing ! | dexdringle | |
28/3/2019 12:45 | Im sure a big slice of that 12M will go a ways to making the PlanB queue at the dole office less painful... | phowdo | |
28/3/2019 12:11 | I think you can take it as read that plan A is not working, and plan B involves queuing up at the dole office... | rathean | |
26/3/2019 18:33 | The issue here is that us mere mortals don’t know if plan A is working or not. The issue is that the company have gone awol in terms of talking to us shareholders Impo | jimmyloser | |
26/3/2019 18:02 | How about a fire at the warehouse and a large insurance claim? Those pallets cost hundreds of millions to make. | ltcm1 | |
26/3/2019 15:55 | Another 6 months should see the shareprice back to where it was before the 1 for 200 consolidation. | phowdo | |
26/3/2019 15:44 | Down another 2p today I see. Isn't it time they pivoted to Plan B because Plan A does not appear to be working. | ltcm1 | |
19/3/2019 20:51 | Pallet of the Year ! I suspect they may have been the only entrant. I mean, who the hell enters Pallet of the Year? Now, if we were taking about the "Utter Crock of B*llocks Business Idea of the Decade" award I think they'd walk it. | dexdringle | |
19/3/2019 20:34 | Didn't they win pallet of the year in 2017 though? That must count for something. | ltcm1 | |
19/3/2019 12:59 | Yes Dr, they must have spent at least £100M here. It'd be funny were it not so tragic (financially speaking). Looking back at some of the laughable statements from 5 years ago on the permanent header to this thread: "The IPO will give it a starting market capitalisation of about GBP278.3 million @ 88p/share" "RM2’s Canadian plant can produce one million pallets a year, with production capacity intended to gear up to three million units in 2014, helped by the launch of a new factory in the US. 2015 should see a UK plant open and annual production capacity is forecast at 6.5 million pallets. North America and Western Europe are the target markets" "EDISON starts coverage with long-term target of 370p" Bear in mind that 88p a share is £88 in current money after the 100 for 1 consolidation. And 370p is £370 in current money (850 x the current price) This must be a textbook case of a terrible idea that gets completely out of hand. | dexdringle | |
19/3/2019 09:24 | Market Cap is now c£10m. Can't remember how much was pumped in, but I think its about 10x that. Even if this now turns out to be a successful business from here, the amount of money wasted by previous management in trying and failing to make their own pallets can only be viewed as a disaster. I wonder if a CEO has ever issued an apology for incompetence? This lot should have. | dr biotech | |
19/3/2019 08:53 | Well it definitely shows that you can't simply add the word 'Smart' to something and expect it to automatically be a success. I wonder what Neil Woodford really thinks about it. | dexdringle | |
19/3/2019 08:42 | There is a market in the pharma industry for non wood, cleanable traceable pallets. Whether this is really worth pursuing is anyones guess. | dr biotech | |
19/3/2019 08:22 | So RM2 are tracking the pallet because the pallet itself is valuable. I can't believe that someone hasn't invented a cheap, disposable, wooden pallet that renders tracking it unnecessary. Oh, hold on...... Like we have said before. On the face of it, RM2 appear have solved a problem that didn't exist.... | dexdringle | |
19/3/2019 08:13 | I think the IoT pallet is designed to track the contents of the pallet first, rather than the pallet itself, although given the high cost of a trackable pallet it then becomes worthwhile in itself. I know thats a bit self defeating. I used to hold here, sold at a loss once I realised that the old management were completely incompetent. Whether this lot are any good or not time will tell, but I'm not going to buy in unless there are clear signs of life. | dr biotech | |
19/3/2019 08:01 | ….which, for RM2, means.....??? | dexdringle | |
18/3/2019 18:01 | The pallet market is very diverse and fragmented.The cost of controlling the traceability of pallets across the various users is prohibitive.Palket accounting has always been a nightmare whether in distribution ,automotive,clothing whatever industry. Far better to concentrate on cost benefit of pallet use and forget logistical control. | charo | |
18/3/2019 09:33 | "I don't think the market understands the opportunity here. It seems RM2 would be better off being taken private so it's full potential can be unleashed. I blame the investors for selling out far too early, you need to have patience when investing. It is everone else's fault but mine." NW. | ltcm1 | |
13/3/2019 15:28 | The only disruption is to woodford's funds. | charo |
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