Rtc Share Discussion Threads

[sailing john] 26/3/2015 12:03

The contract was split between 22 (down from 57 previously) suppliers with 4 core suppliers taking 70% of the total value
Both Morson and RTC are core suppliers and this is what RTC said "The Contract represents the maximum value of order book spend on core contingent labour that can be permissibly awarded to a single labour provider."
So perhaps prevents a buy out but not an interest I assume - although at the moment the link appears slightly tenuous via associates.
SJ
Edit muckshifter - yes - posts crossed!

[muckshifter] 26/3/2015 12:00

cfro,
It's not the same contract though. Both companies have been awarded the maximum allowable contract value, which is why they are both £100m, but they cover different areas of the UK.
Regards.

[sailing john] 26/3/2015 11:51

phar lap

Cracking research - many thanks for sharing.

Very interesting!

GL - SJ

[phar lap] 26/3/2015 11:21

Morson also won a 5 year contract with network rail

[phar lap] 26/3/2015 11:11

cfro,

It does deepen,

Natasha McCarthy is listed as a director of Global Equity Finance Ltd, a fellow director is Gerrard Godfrey Mason.

Mr Mason was chairman and his son ceo of Morson Group plc.
They led a controversial management buyout in 2012


Re - Morson Group



Since 1969 Morson Group has provided the world with engineering recruitment and design that really matters. The group is made up of three main subsidiaries, Morson International, Morson Projects and Vital Human Resources.

Coincidence?

[cfro] 26/3/2015 09:22

..a company called U Drain Limited....


So, the mystery deepens LOL. :0))

[phar lap] 26/3/2015 08:51

Shanklin,

NW company, one for davidosh, could be in his large contacts book, lol

[shanklin] 26/3/2015 08:39

The only info I could find is that they are involved in a company called U Drain Limited with a company address in Altrincham, as per

[phar lap] 26/3/2015 08:29

Shanklin,

Check the rns, name of director at the bottom

[glennborthwick] 26/3/2015 08:24

I might have mixed up the bespoke Basically googled it Lol.

[shanklin] 26/3/2015 08:19

phar lap

So who are the directors please? Wonder if this was set up just to invest in RTC or does they have/plan other holdings?

[phar lap] 26/3/2015 08:13

Glenn, cfro

Bespoke Venture Capital LLP, incorprated 10/3/2015.
2 directors, husband and wife.
Individual private investors?

[cfro] 26/3/2015 08:05

So the shares have gone from one VC to another VC.

[glennborthwick] 26/3/2015 07:54

Bespoke capital ltd. Look like London property developers. Off topic but another tiny company pipehawk pip interims today. Could be turning point.

[cfro] 25/3/2015 16:30

Been taking the opportunity to add here on the various dips.

[stegrego] 25/3/2015 15:09

Davydoo,

Invest in the companies of the boards you create.

Oh btw, could you end the header and tick the NEWS button please?

Cheers

[davydoo] 20/3/2015 16:10

someone remind me to invest in the companies of the boards I create please

[cfro] 20/3/2015 16:07

It is a Venture Capitalist that has exited. VC's usually like to back early stage co's and then exit once they become more established, so they might feel perhaps that their job is now done?

As Shanklin says, im more interested in whom has bought the shares sold.

[shanklin] 20/3/2015 15:12

Davidosh, I would like to see where the shares ended up.

[davidosh] 20/3/2015 15:08

I am certainly in the camp that does not expect a placing. I think the move to WH Ireland was probably more likely to be linked to the rating that WHI have with institutions and doors that it opens as Allenby were only able to really introduce the smaller investors whilst larger holders were exiting.

Did you guys see the new holdings RNS. Any thoughts ?

[shanklin] 20/3/2015 08:36

Rugby,

I have already stated I would only be buying more RTC if the placing-fantasists such as yourself reduce your holdings and the share price by taking what would be the logical course of selling your shares if you think a placing is on the way.

I explicitly stated I would not be buying at current levels.

As things stand, I can only presume that this repeated banging on about a fictitious placing is intended to give you the opportunity to buy more. Does not seem very honest to me but that's up to you

All IMHO.

Edit: Obviously I will be eating much humble pie if there were a placing.

[cfro] 20/3/2015 08:20

Does seem to confirm my suspicions i must admit.

We'll see i guess whatever happens.

[rugby] 20/3/2015 08:13

yes they will want to puff it higher before any placing...

[glennborthwick] 20/3/2015 08:11

Looks like whireland are in the release anything mode of RNs management.