Rtc Share Discussion Threads

[davidosh] 25/11/2024 10:04

Flooding and tree damage...I think RTC provide the railway repair and maintenance contractors for most of these affected lines so will be very busy over the next few weeks and months maybe...

Here's the latest information from National Rail on current train disruptions and timetable changes:

Between Broxbourne and Stansted Airport/Audley End: Owing to multiple fallen trees damaging electrical overhead wire, trains are currently not running between these stations
Between Reading and Plymouth: Flooding, caused by heavy rain, has resulted in the closure of the line in several places
Between London Paddington and South Wales: Train services are subject to severe disruption due to flooding
Between Exeter St Davids and Plymouth: Heavy rain has flooded the railway and trains are unable to run between Newton Abbot and Plymouth
Between Swindon and Bristol Parkway/Bath Spa: Heavy rain has flooded the railway here and the line has been closed for safety reasons
Between Gloucester and Bristol Parkway: A fault with the signalling system means all lines between the two stations are closed. Trains running through the area will be delayed
Between Liskeard and Looe: Heavy rain has flooded the railway, closing all lines
Between Plymouth and Gunnislake: Heavy rain has also flooded the railway, closing all lines

[investographer] 24/11/2024 21:21

Yes, they have very poor PR. Strange as they spend a fortune on non exec directors & staff. Trading update was thin on the ground with info as usual.What I do know is that they always under promise & deliver well.Looking forward to the next dividend.

[martinmc123] 22/11/2024 10:27

3*
RTC Group Plc, the engineering and technical recruitment group, issued a relatively positive trading update this morning. The business has been trading in line with the positive expectations about short, medium, and long-term prospects set out in the interim statement in late July. The Board is therefore confident of the trading prospects for the Group in the current financial year...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/RTC/1008

[davidosh] 22/11/2024 09:56

That is a positive update but it is a shame that the company could not have got this out earlier in the week and then done a presentation at the Mello10 event in their own conference centre in Derby. Such a wasted opportunity..

[davidosh] 07/11/2024 22:04

I have no contact with the Trust but they will want the best for the beneficiaries as he was chairman before he died. The near 6% yield is probably not going to be given up without a sensible bid for the company.

[investographer] 07/11/2024 21:42

Or it could be that they enjoy the 5% and growing dividend ; )

[texaspete2] 06/11/2024 13:01

This share has popped up on my radar, it looks good and there are sector tailwinds ahead maybe. I read that the Chairman sadly passed away last year. His estate holds 2.6m shares, does anyone know if these have been sold? I'm only holding back here for fear of a placing of these at a discount. Maybe this won't come following the market purchase of 1m shares recently, you'd have thought the company would have purchased these from the estate if they were willing sellers as opposed to open market?

[investographer] 16/10/2024 20:43

I believe Wayne's appointment coupled with that of Nick Spoiler as non-executive and the executive appointment of Paul Crompton, managing director of Ganymede, completes the process to establish a board of directors with the appropriate operational knowledge and experience, broad external independent expertise for governance oversight, and a strong strategic track record. I believe this will be essential as the group enters the next, and exciting chapter of its future".

[castleford tiger] 12/10/2024 17:06

managed another 4 thousand and a few

all i could get......

i keep trying

tiger

[gleach23] 11/10/2024 13:31

Thanks davidosh - here's hoping

[davidosh] 11/10/2024 13:05

The Mello conference in late November is at the DERBY conference centre and RTC are based there so I suspect they may do an update just before then.

I think there should be updated forecasts in the market as the new NED is actually an analyst with all the right connections and will know the importance of those being available for investors.

[gleach23] 11/10/2024 12:46

I'd be pleasantly surprised if we had a trading update in this calendar year, given the history and the fact that we had an trading update with the AGM in June. Maybe we'll have one in the new year with a Notice of Results but last November's seemed to be a one-off?

I'll happily reread the AGM update whilst waiting. As a reminder -



5 June 2024

RTC Group Plc

("RTC", "the Company" or "the Group")


AGM trading update


RTC Group Plc will hold its Annual General Meeting at 12 noon today. At the meeting, A M Pendlebury, Executive Chairman and Chief Executive, will make the following statement:


"I am pleased to report that since publication of the 2023 results in March the Company continues to trade on a positive trajectory with trading levels ahead of the same period in 2023. The Company trades without long-term gearing and continues to build its balance sheet through the generation of strong operating cash flows.


Furthermore, and as I have previously stated, our key strategic objectives moving into 2024 are to continue to take advantage of our favourable positioning in solid markets to enhance profitability and support our strategy of returning cash through dividends to our shareholders. Longer-term we aim to further build shareholder value through our diverse and growing order book, and to strengthen the Group Board for better and broader governance. I am extremely confident we are making significant progress on all fronts.


The Board is confident of the trading prospects of the Company in the current financial year."

[cb7] 11/10/2024 11:05

end of november last year

[castleford tiger] 11/10/2024 09:06

Are we all expecting a trading update this month?

[davidosh] 10/10/2024 13:38

I do not think his shares are part of any sale

[slipsam] 09/10/2024 13:00

Bill Douie's estate held 17.7% as per the last Annual report

[davidosh] 08/10/2024 23:10

It is the exact same amount that Alison Chapman held so I suspect she has decided it is better to sell before the Budget fearing that CGT may increase. I met her at a couple of AGMS....nice lady and her late husband had been the CEO about 15 years ago I think.

Bill Douie, our late chairman, joined with Clive Chapman in 1992 to purchase an ailing ATA Selection business which subsequently became the RTC Group of today,

[investographer] 08/10/2024 21:00

Key Advantages of Buyback of SharesThe primary benefits of share buybacks include the efficient allocation of cash reserves, fortification against potential hostile takeovers, and the indication of positive growth trajectories. Just after a decent non exec appointment

[castleford tiger] 08/10/2024 15:55

who sold at that daft price??

[davidosh] 08/10/2024 14:47

That is a very chunky buyback at 15% below where they have been bought in the market so very good for all the remaining shareholders and instantly boosts eps by nearly 7%.

8 October 2024

RTC Group Plc

("RTC", "the Company" or "the Group")



Transaction in own Shares



The Company announces that pursuant to the general authority granted by shareholders of the Company on 5 June 2024 to make market acquisitions of its own shares, it has repurchased 1,012,380 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares"). The Ordinary Shares were acquired through SI Capital Limited on the AIM market at an average price of 87.75 pence. This represents approximately 6.92 per cent of the Company's current issued Shares. The Company intends to cancel the purchased shares and does not intend to hold any of the purchased shares in treasury.

[herbert0] 08/10/2024 14:40

That share purchase is good news for shareholders, 7%

[davidosh] 08/10/2024 11:56

Hopefully we are starting the next move up.

Just a reminder that the very popular Mello investor conference is at the RTC HQ next month

[davidosh] 07/10/2024 08:49

Agreed... the near 6% yield is very attractive in a company that is actually growing its earnings and so the dividend likely to continue increasing.

I am surprised more investors are not tuning in to it and that the share price has been weak since the results....mind you so many others have too.

[investographer] 07/10/2024 08:39

Another nice interim dividend received!!

[investographer] 24/9/2024 18:28

This from last yearCash flowThe cash inflow from operating activities of GBP2.1m (2022: outflow GBP0.6m) for the six-month period reflects increased revenues and the improvement noted above in key customer balances.