Rtc Share Discussion Threads

[rivaldo] 18/4/2019 13:32

News of January expansion for Ganymede in the North West "Due to contract award" not posted here before



"Ganymede expands its rail division in the North West

Ganymede, a leading supplier of complex labour logistics within safety-critical environments across the infrastructure sector, is expanding its rail division in the North West of England.

Due to contract award, Ganymede is investing in the expansion of its office in Crewe to support its plans for growth and commitment to deliver excellence to its clients in the North West from January 2019.

etc"

[11023154] 16/4/2019 21:19

12 month breakout as well since news...also not to be sniffed at in difficult investing times..

[cheshire man] 16/4/2019 13:51

One buy of 3956 shares this morning paying full ask,,,,,,in plenty of time for the 2.55p divi on 09/05/2019.... not to be sniffed at in these times of profit warnings which are arriving daily from other stocks out there DYOR

[cheshire man] 13/4/2019 13:27

Can't argue with the yield here for income so very happy to hold :-0))

[value hound] 13/4/2019 11:57

The directors giving themselves shares regularly?

Despite this - I still hold.

[speedsgh] 13/4/2019 09:47

The perpetual discount applied to valuation by Mr Market? ;-)

[edmundshaw] 12/4/2019 18:15

Still a 6.4% yield at 60p. Eps 10.2p (9.4p fully diluted) and strong blance sheet. Good outlook. What's not to like.

[fozzie] 12/4/2019 16:55

A very nice surprise for sure, i was anticipating another gradual fall to 50p ish.

[rivaldo] 12/4/2019 15:11

Nice move today - good to see a 9k buy at the full 64p offer price just now.

[rivaldo] 18/3/2019 09:27

I note SMS's announcement this morning of the roll-out of SMETS2 smart meters to SSE's customers - I assume that RTC's Ganymede will be providing staff for this and that the SSE delay is now clearing?

"Smart Metering Systems PLC (SMS.LN) said Monday that it has signed an agreement with SSE Energy Supply Ltd., a unit of SSE PLC (SSE.LN), to supply up to 200,000 nondomestic smart meters to its customers.

The metering-services company said it will supply SMETS2 meters, the next generation of smart meters, to SSE's customers."

[rivaldo] 08/3/2019 08:54

Terrific results out whilst I was on hols. Worth summing up in black and white:

last year : 9.4p EPS, 3.85p divi
this year : 10.5p EPS, 4.24p divi (forecast)

It'll just take a little buying interest, whether institutional or via a press tip, to move the share price up nicely given the fundamentals and prospects.

As Whitman Howard say

"Even at our price target of 100p the 2019E PE rating and dividend yield would still only be 9x and 4%. Not bad for a company which generates c50% of revenues from recurring sources, has built a solid foundation and is ‘highly optimistic about its future’"

[sailing john] 07/3/2019 14:11

For info Morson Group was/is a family business so I assume the Mason family are majority shareholders
PBT in 2017 was £21m
Further details here -

[mcjack] 07/3/2019 13:52

Thanks and yes recently bought in on the back of the results. One has to think a takeover is just a matter of time.

[sailing john] 07/3/2019 10:26

mcjack - I don't know how long you have been here but RTC have a major (circa 8%) shareholder Ged Mason who is CEO of Morson Group. Rather than repeat the chat from Jan 2017 here is the link to earlier in this thread.

Sadly it's been two years since he took his stake and no move by Morson Group or Ged.

[the big fella] 07/3/2019 09:57

Mcjack - that’s something that has been highlighted before

[cheshire man] 07/3/2019 08:55

Certainly has that potential mcjack but happy to hold for the income :-)

[mcjack] 07/3/2019 08:52

It's the performance of the business which is key and which could make RTC very attractive to a predator. Directors own about 22% of the shares including the Chairman 16.5% so not a controlling interest (and the Chairman must be in his 70s and must be thinking of stepping down at some point?). Strip out the cost of the Directors remuneration and a competitor could see real value even at a substantial premium to the current share price.

[wanbissaka] 06/3/2019 15:39

1102.... If you read my post it was only negative on one aspect of the business....Director remuneration. The business has been performing well and 2019 should be an excellent year for them.
My point being there are many well connected and influential private investors that will give this a wide berth for that same reason. A company like RTC needs those PI's as they will be the investors who drive up the share price.

[arthur_lame_stocks] 06/3/2019 09:29

The reason shareholders are whingebags is because they own the damn company and it is their right to tell the BOD exactly how to behave on their behalf.

[11023154] 06/3/2019 09:26

Are you saying that there is doubt in their conduct? If so, are you going to raise this with anyone? I assume you didn't ask the company direct to explain their actions...?

[mr hangman] 06/3/2019 09:08

11023154
A few years back 2 directors sold a large chunk of shares, then surprise surprise
a few months later delivered a profit warning, how do you explain that ?

[cwa1] 05/3/2019 22:10

11023154, you are the CEO of RTC and I claim my £5!

[11023154] 05/3/2019 20:02

How is this even a conversation? Interesting how we're not talking about the business, the restructuring, strategy and vision and the recent turnaround in the results? Maybe they just might be beginning to justify that remuneration as the profits start to stream in....?

It's a classic case of whingebag shareholders who don't know what they're talking about and who have little/no experience of business and management. The BODs are well aware with big salaries they need to produce results and shock horror the results are in and they're good.

I've known businessmen who command big salaries and they want to win, that's what they're driven to do, day in day out, to put on a show and bring it home. The salaries don't bother me one bit, if anything the reverse. I also know they are typically conscientious as well, they don't want to shaft everyone in their path, so have a little faith, the story coming out is good and exciting.