Robotic Technology Share Discussion Threads

[jailbird] 28/7/2008 12:45

hp,

my understanding, it means they will make a loss again.

[tommyjnewton] 28/7/2008 12:20

I imagine that you won't be regretting your purchase Huge Pants. You seem to be a value investor like myself. Would do the same if I had some spare dosh. I already have quite a few. This is an utterly bonkers market. These shares paid out 2p a share just a few months ago of course.

[hugepants] 28/7/2008 11:40

....Notwithstanding the expected second half improvement we anticipate that the Group operating results for 2008 before exceptional items will be lower than market expectations...

They last said they were expecting a return to profitability this year. So its anyones guess what "lower than market expectations means".

I think these look dead cheap and bought another 90K this morning.

[cyberpost] 25/7/2008 15:12

Robotic Tech Sys Trading Statement




RNS Number : 9215Z
Robotic Technology Systems PLC
25 July 2008


RTS plc ("RTS" or "the Company")

Trading update


As predicted in the preliminary results which were released on 26 March 2008, RTS Life
Science first half performance has been affected
by the low order intake at the start of 2008 and significant investment in product
development.

In addition, we continue to incur costs completing a remaining legacy contract. Although
we have made significant progress in the
period, we do expect this to affect results for the balance of the year.

RTS Life Science has recently secured orders in excess of £5m to supply several new
compound stores for major Pharmaceutical companies,
and has now successfully launched a new small blood fractionation system, which has generated
significant interest. We are therefore
expecting improved performance in the second half of the year.

In RTS Flexible Systems, despite an improved opening order book and strong prospect list
we have not managed to convert all our
opportunities into orders, and have consequently not seen the expected first half revenue
growth and financial improvement. Flexible Systems
have completed the first order for the automation of the end-of-line bread packing in the
period, and despite weaker trading conditions we
do anticipate an improving second half performance based on repeat orders.

The business continues to pursue monies due to it from a system delivered in 2006, and is
now expecting a resolution in the first half
of 2009, the Flexible Systems Board still remains confident in the outcome of the claim.

RTS has maintained its strong balance sheet position in the first half of the year with,
the successful sale of the final piece of US
Land for $0.9m, and the continued repayment of Loan Notes from Doerfer Industries with a
further $1.5m received in the period. This left a
closing net cash balance, after the payment of the £1.2m special dividend, at the half year
end of £3.0m (2007 year end: £3.7m), and the
remaining non-operating assets valued at £2.7m (2007 year end: £3.5m).

Notwithstanding the expected second half improvement we anticipate that the Group
operating results for 2008 before exceptional items
will be lower than market expectations.

We expect the Group's net cash position to improve in the second half of the year, through
both an improving financial performance and
further Loan Note repayments.

[joan of arc] 17/7/2008 09:54

HP - That was my logic. I wouldn't push the boat on this one. As far as I can make out having held these for a couple of years is that it is an honest mamagement team acting in the best interests of the shareholder. That they operate in a difficult market and are tiny explains why at the moment no one is interested in them.
Have patience and at least I think you will get your money back and probably with a bonus to justify the risk.

[hugepants] 17/7/2008 08:44

I had a look at the accounts last night (downloadable from the website)

I assume its the the US assets (loan notes oif approx £3M and land worth £0.4M) that are supposedly to be returned to shareholders. That comes to 5.7p.

Thats why they claim to have cash and cash equivalents of 11.6p

Half of the loan notes are in tangible assets and the other half is under debtors.

It looks like the market doubts whether RTS can become profitable this year as they claim in the final results.
I note restructuring in Q4 to cut costs by £0.9M so that will help.

So

Cash = 11p
Net liquid assets = 11p (debtors and creditors same)

Losses last year before exceptionals was around £1M or 1.5p per share.

At 5p share price and £3.1M market cap looks pretty good value.

Especially if they can return the US assets as cash since more than current market cap. More likely they return around half?.

[joestalin] 23/5/2008 14:46

No market for these at the moment. No buyers out there.

Dividend of 2p per share to be paid 2nd June.

[greyseal] 30/4/2008 10:03

Is that a rule then, that all shares go Ex Div on a Wednesday?

Seems to make a bit of the mockery of the RNS dates!

[gingerplant] 30/4/2008 09:21

Yep XD today - it's effectivelu up .25p. I never understand the wording of the RNS announcements that are specific to a certain day - Friday in this case - but the shares all go XD on the Wednesday of the week, but there you go.

[tommyjnewton] 30/4/2008 08:49

I'm also puzzled Greyseal.

Quoting from the company's results:

the Board recommends the payment
of a special final dividend of 2 pence per share. If approved the dividend will
be payable on 6 June 2008 to those shareholders on the register at the close of
business on 2 May 2008.

[greyseal] 30/4/2008 08:03

I thought that RTS go ex-div at end of Friday?

[joestalin] 28/4/2008 09:37

It depends if the 2p is a one-off or whether there is the prospect of more to come. One good contract could transform the share price

[darola] 27/4/2008 22:40

What's the story on here - is this going to flat line?

A 2p divvy seems unbelivable at this price.

[sandbank] 27/4/2008 12:35

I'm just picking up the threads on this company - but I can't see the logic of paying such a large dividend when the company is making a loss.

I would buy and trouser the 2p - but,inevitably, the shares will be worth 2p less on ex div day.

[battlebus] 26/3/2008 08:56

Yes certainly back on track.

[sunworshipper] 26/3/2008 08:16

results look good
2p dividend so you are only paying 7p for the shares just now.
And more one off dividends to come

[arthur_lame_stocks] 22/3/2008 15:44

Above average activity and a bit of a tick up in price before the results. I can't see there being particularly good news on the trading front, I wonder if there's some corporate activity to report?

[joestalin] 21/3/2008 15:11

well spotted - nice to see some progress.

[smarkmmm] 20/3/2008 16:52

20/03/2008 - Anglo-German automation collaboration opens European office

Robotics specialists RTS Flexible Systems have joined forces with KS Automation to open offices near Regensburg with the aim of developing bespoke automation technology for the German manufacturing industry.

RTS Flexible Systems is launching its first European office as a result of the growing success in vision-guided fast picking robotics integration in end-of-line product handling and packaging in the UK. RTS' applications cover a wide industry spectrum including the food, medical device / healthcare manufacturing and FMCG sectors.

Together RTS and KS Automation have opened a new office in Roding, near Regensburg as a centre for promoting their unique blend of expertise for end of line product handling and packaging operations.

RTS' expertise in vision-guided high-speed pick and place robotics will integrate with KS Automation's fast-growing market presence in automation and control solutions, including motion control, vision and sensing technologies. KS has an established market in Germany, in particular in the electronics, automotive, medical and building automation sectors.

RTS Flexible Systems has a well-established reputation in the UK Food industry for its bespoke automated solutions which integrate the speed and flexibility of vision-guided robots with the latest production technologies for product identification, tracking and analysis. Its sister company RTS Life Science is also an established name in automated drug delivery systems for the pharmaceutical industry.

Since being established in Dublin and Germany in 2001, KS Automation has enjoyed rapid success, designing bespoke solutions using progressive technologies.

RTS Flexible Systems was established in 2001 with the prime focus of bringing the expertise and innovation of the RTS Group, gained during 20 years developing industrial robotic technology, to compliance critical production environments such as food, pharma and medical device manufacturing. RTS has quickly become a well-recognised and often-quoted authority on robotics and automation in the UK.

"We are delighted to have cemented a close relationship with KS Automation," said David Bradford, Managing Director of RTS Flexible Systems. "There are many synergies between our two organisations, which means we can work together to bring a unique offering to the German market."

Ross Staunton, Director of KS Automation added: "KS has experienced phenomenal growth in just a short time since our company was established. With the backing of RTS Flexible Systems, we are confident of generating enterprise and employment in the Regensburg area."


For further information on automated solutions from RTS Flexible Systems and KS Automation contact Sue Jones on 0161 777 2000 or email [e-mail].

RTS Flexible Systems, Northbank Industrial Park, Irlam, Manchester M44 5AY.

[joan of arc] 08/2/2008 15:29

Trading well below NAV now. It will be interesting to see how much they lost this year although even if it's good news it won't make any difference in this market.

[jcscumbria] 08/2/2008 09:46

Down it goes again. Getting ever closer to the 0.00p level