Rock Solid Share Discussion Threads

[euclid5] 23/1/2012 19:38

problem is Fd targets are not always met - look at other co' targets they set

but having said that will be happy with even 7p - but sounds like a very good business & directors getting the business much more organised now

[christianf12] 23/1/2012 16:08

Buyers back paying 2p. Think some of my LGO profits will be finding their way here tomorrow : )

[christianf12] 23/1/2012 08:29

They want 2p for 250k now. I find it strange they suddenly have shares to sell after minimal selling after the results yet you could only buy 10,000 shares at 2.5p the other day.

I think we will bounce back strongly here over the coming days/weeks.

Fox Davies target 13p, current share price to buy, 2p = 6.5 x bagger

[christianf12] 20/1/2012 20:54

Eu, certainly multiples of the current Market cap considering they say in the same report that they have made big progress in the past year and see that continuing yet they say the share price totally fails to reflect the progress made.

Maybe £10m or c. 6-7p would do it if the share price stays around 2p for much longer?

Fox Davies have the 13p target so at 6-7p, someone buying the business in full would be getting a 50% discount.

Interesting few weeks/months ahead I think.

I think we may get an offer announced soon! : )

ATB

[euclid5] 20/1/2012 18:27

This part of the report took my notice - wonder how much they can sell RSI for, if they sell all the co that is:

"the Board decided to explore the strategic options available to RSI and accordingly on 9 November 2011 announced the appointment of Simmons & Co International Limited to assist us in that review. When completed, the strategic review may result in proposals to stay as we are, restructure, sell part or sell all of the Company. This process will continue into the first quarter of calendar year 2012"

[christianf12] 20/1/2012 14:08

Up to 300k is 1.95p, after that it is 2p+.

[christianf12] 20/1/2012 14:07

Yep just noticed that.

[chrisis33] 20/1/2012 14:06

Someone just took advantage of the dip - 250K bought at sub 2p

[christianf12] 20/1/2012 09:28

Some people like me have failed to understand what the £1.5m repayable to OHM means.

OHM may still use up the £1.5m worth of credit if you like to hire RSI for services and therefore, the £1.5m will not be repayable by RSI.

OHM is now owned by EMGS.

I wonder whether EMGS will pounce for RSI now?

[christianf12] 20/1/2012 09:00

The market?

There were a few 100k sellers after the results, not sure what people thought they were going to see?

This story is about RSI going forward, not looking back.

The results were in the past.

I bet with a few 100k buys, this would be over 3p in a flash.

Look at what LDP has been doing the past couple of weeks, 0.1p to 0.6p today.

Same type of rise will happen here when the herd cotton on to Fox Davies's 13p target : )

[lundylou] 20/1/2012 08:39

chrisis33 and ChrisianF12

Do you both work for RSI? You two are often posting to each other.

The latest news looked quite good, but the market thinks otherwise.

[christianf12] 20/1/2012 08:09

Friday 20 January, 2012
Schlumberger Ld.
Schlumberger Declares 10% Increase in Quarterly...
Schlumberger Declares 10% Increase in Quarterly Dividend


===

Good news for the sector in my opinion, must be confident. Good read across for RSI.

[chrisis33] 19/1/2012 20:38

Consistent flow of order news, part or full sale if the company should take the share price higher. On the orders front, things have been encouraging of late. More of the same please RSI.

[christianf12] 19/1/2012 20:07

And we are still only priced at 50% of the latest placing price.

Time for a proper rerating now the traders are out.

13p target from fox Davies!

[qwazi] 19/1/2012 17:23

VIY has virtually no revenue. Very difficult to evaluate what it's worth - £15.5m seems a lot for a business that has been attempting to commercialise its technology since late 2008.

RSI is revenue producing and from the RNS announcements appears to be winning numerous new contracts .

[christianf12] 18/1/2012 16:27

PUGUGLY - 18 Jan'12 - 16:14 - 536 of 538


Sorry boys Heard it all before - Especially in this area - Look at YIY as a more extreme example - If I could be convinced that RSI wasgoing to be profitable without the need for more funds then I would buy. I need facts (profitable facts and positive cash flow) not rose tinted glasses.


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No one is making you buy. VIY are capped at 3 x RSI, I'll settle for par in the not to distant future : )

[christianf12] 18/1/2012 16:26

lol, how many you after buying?

You better be quick as there aren't that many available at 2.25p : )

[pugugly] 18/1/2012 16:14

Sorry boys Heard it all before - Especially in this area - Look at YIY as a more extreme example - If I could be convinced that RSI wasgoing to be profitable without the need for more funds then I would buy. I need facts (profitable facts and positive cash flow) not rose tinted glasses.

[christianf12] 18/1/2012 16:00

Halliburton another potential buyer?

[christianf12] 18/1/2012 14:50

Buyers back

[christianf12] 18/1/2012 14:14

Trades worth £18k have knocked £750,000 off the value of the company today. No wonder the company said this today:

Disappointingly, despite the significant progress made since November 2010, our share price appears to be completely disconnected from the current and future potential of the business.

[christianf12] 18/1/2012 13:55

I'll be buying more. Just trying to be patient to see if other sheeple are going to sell, the more the better. I will be topping up another 500k in coming days.