Rtc Share Discussion Threads

[davidosh] 20/10/2014 15:46

I am sure the Mello2014 event will raise the profile of the Derby Conference Centre and certainly will be very profitable for them.

Are you all joining us ? mello2014.com

[shanklin] 20/10/2014 09:22

On Friday, the share price was down 1.5p and yet Fill or Kill orders for 10k shares at the offer price were being rejected. I ended up buying 5k at the offer price this morning.

[cfro] 20/10/2014 09:18

SVCA announced a 'significantly ahead' statement this morning. Yet another company in this sector trading strongly. Its PE is about double RTC's.

[interceptor2] 13/10/2014 12:26

Thanks for the link, no wonder they said in the interims that "ATA recruitment in the UK remains extremely bouyant" :o)

[opaldouglas] 13/10/2014 10:22

ATA recruiting in all offices nationwide.

[opaldouglas] 09/10/2014 11:55

Nice RNS from Hays this morning, recruitment sector is looking v good.

[interceptor2] 08/10/2014 08:53

Link above was posed by opaldouglas on the PEG thread, but an interesting read in relation to RTC.

[briangeeee] 07/10/2014 23:45

Seems the Bilateral Security and NATO Stationing agreements were signed last week, which were necessary for next year's ISAF follow-on "Resolute Support" deployment in Afghanistan.

The new mission will require about 12,000 instead of the previous 41,000 personnel. I haven't heard KBR's or RTC's staffing requirements, but presumably the expected reductions to current numbers should be agreed soon. The support and training operation should last for two years from 2015.

[interceptor2] 07/10/2014 09:46

I would like to attend the event, it sounds very interesting, I am in the UK at the moment, but unfortunately not in November.

One small point I forgot to ask about at the last presentation, was about the current figure for debtor days, I couldn't find the figure within the last results. I thought that due to the success with receivables, it might be interesting to know is there is much room left for improvement in this area?

If someone here is able to attend, it might be worth asking.

[davidosh] 07/10/2014 09:20

Hope you can all make it to see RTC at mello2014 the three day investor event where they will have a stand and be doing a presentation... www.mello2014.com

[interceptor2] 07/10/2014 08:09

Robert Waters RWA, IMS = PBT to be ahead of market expectations.

Yet another positive read across for RTC.

RWA, have 39% UK exposure and reported strong revenue growth of 21%, with Asia at 2% and Europe at 5%. Just shows how strong the UK is imo, when an ahead statement is released on the back of the UK business.

RWA, per is 28.6 versus RTC per at 8.0.

RWA, UK exposure is 39%, versus RTC UK exposure at 79%.

Says it all really :o)

[davidosh] 05/9/2014 14:40

Shareholders in RTC will of course get heavily discounted tickets for Derby so do hope you can join us ?

[interceptor2] 05/9/2014 14:29

NAK, Noticed the positive comments there, and also the positive comments from Kellan (KLN) a UK focused recruitment company.

Buyers at KLN were able to buy at 0.63p within the first 50 minutes of trading, could sell recently at 1.80p for 188% profit.

I dismissed them this morning due to high debt and intangibles, at 1.80p the valuation is very high now imo, and I would certainly be taking a profit and making out like a bandit.

I am expecting a trading update from RTC this autumn, when a CEO uses the phrase "extremely buoyant" in a interim statement, it normally means that positive news will follow.

I hope they manage to release their update before your Derby event davidosh.

[davidosh] 05/9/2014 10:07

I do not know anything about Nakama but they reported this morning as follows...

Nakama Group -NAK- recuitment consultancy "Since the announcement of our final results for the year ended 31 March 2014, which were issued on 30 July 2014, the trading performance of the Group has moved ahead strongly and we have seen an encouraging increase in demand for our contract and permanent services, both in the UK and internationally."

It was also announced this morning in official govt stats that UK job vacancies are growing at a record pace which bodes well ....Recruitment is a very strong sector at present for sure and the Autumn is certainly a season for growth in company spend and staffing numbers. At the interim results stage (seven months out of 12) they were in line with full year expectation so if they move 10% or so ahead then we should get a trading update at some point before the annual results are released next March. There was a trading update last time round in January.

An optimist would hope for something to update the Q3 in mid October and as my big event in November at their Derby Conference Centre is starting on the 6th it would be great to have an update just before then on trading as they will be presenting and having a permanent stand at the Mello2014 event.

Hope you can all come to Derby for that one...it launches next week?

[interceptor2] 05/9/2014 07:05

xd day today 0.5p, might be a slight drop to reflect this.

Recruitment company EMR released interim results yesterday, which were in line, but again the main growth was from their UK division, which is 36% of revenue.

UK focused recruitment companies is the area where the chances are high of beating market expectation at this time imo.

[sailing john] 13/8/2014 09:14

Thanks IC2 - not spotted MPI results as busy analysing Plus 1H!!!

I agree re UK exposure :-)

I see MPI forecast PE is 25

RTC forecast PE is 8

Bonkers! (even allowing for the MC differential)

SJ

[interceptor2] 13/8/2014 08:41

Michael Page MPI, another recruitment company warning about the adverse effects of FX. UK delivered strong results, but MPI only have 26% UK exposure.

RTC have 79% UK exposure :o)

[cfro] 07/8/2014 09:27

Doesnt seem to make much difference atm with small AIM shares. :-(

[interceptor2] 07/8/2014 07:55

Another good trading update from a recruitment company, Matchtech (MTEC)

"The Group has continued to trade well in the second half of the year, with results now expected to be slightly ahead of current market expectations."

MTEC, earnings are 99% from the UK, with 69% from Engineering.

[cfro] 06/8/2014 08:14

Thanks from me too Ic2,

RTC is a great share to tuck away for the next few months and add to wherever opportunities exist.

[sailing john] 06/8/2014 07:37

Many thanks IC2 - sounds very positive and most importantly - achievable!

SJ

[opaldouglas] 06/8/2014 05:44

Thanks interceptor2, much appreciated. Only caught the last 5 minutes but an interesting listen and the future sounds very exciting.

[interceptor2] 05/8/2014 22:19

Below are some notes I made this morning from the conference call, hopefully my notes are accurate, I thought the conference was very worthwhile, with some interesting points made by the directors.

Thanks to davidosh for arranging.

First Sarah Dye gave an overall report on the recent results, and was keen to point out that gross margins were higher at all divisions. So I feel that she places importance on margin levels. She also mentioned that they had negotiated a better rate of interest from HSBC, that might have been covered in the half year report, but I can't remember seeing it.

Their targets are for revenue £100.0m and net margins of 3%. I did ask about time scales for this, and 5 years was mentioned by Andy if it was just from organic growth, but shorter if acquisitions are made. They are looking for acquisitions. So that response was for the £100.0m revenue figure, but no time was offered for the 3% net margin goal, I think they are likely to achieve the 3% target in a fairly short period imo.

Acquisitions, they are looking to acquire a business in the South East or London within the ATA Recruitment division, HSBC are very supportive of RTC and would be happy to provide the funds. But Andy did say that if they raised money on the markets, that he would ask shareholders first. Makes a change. He did say that any acquisition would compliment margins.

I did ask about the recent recruitment at ATA, which increased staff by 23%, and if this would have an effect on margins. He did say that there is always likely to be a lag effect, but he did say that the market is booming. So he does sound rather upbeat.

H2 is historically stronger than H1, mainly due to customers using up their budget allowance for the year. If management think that RTC will beat market estimates, they would announce this by RNS before Christmas.

ATA Global, Nato to make an annoucement in October about Afghanistan, but work anticipated to continue during 2015, and even into 2016. RTC are working with a UK company who may be close to winning a contract in Brunei, which is to build a private runway. If the contract is won, RTC would provide an initial 50 staff, which could increase to 200, and would be sourced from Afghanistan.

Ganymede, 50% of their business is with Network rail. They have a contract re submission for continuing work that has been well received, Andy sounded fairly upbeat and confident, they should hear by the end of January.

RTC do plenty of recruitment work with Amco and Costain. The government are undertaking a huge investment in Overhead Electrification of the UK rail network, but their is a large shortage of skilled overhead linesmen. Only about 160 in the UK, so 1000 extra are needed and RTC see a large opportunity to source these staff from their Indian operations, where there are plenty of skilled workers, who have the advantage of reading and writing good English. RTC have the licence in place to recruit Indian workers into the UK.

Andy did say that the only contract that was up for renewal was with Network rail, all other contracts they are working on are new ones. I did like the way he summed up the situation, "RNS news, the only surprises would be positive ones"

I think that covers most of the points, all sounds rather positive.
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[cfro] 29/7/2014 13:43

"..I already have a large number coming on the call...."


Well, i don'know, all you lot fighting over the FD's phone number. Tut! :0)

[ghostofahangman] 29/7/2014 13:39

Thanks Shanklin, that's exactly what i had calculated, so we are looking at
a 2.5%+ yeild, not bad for a small growth stock