focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
A muted response to this mornings news. I guess investors are waiting for Rame to 'Show me the money !' Roll on the next project... "T"
That last stretch did try the patience. Recurring revenues from power generation and management fees. Now for some innovative financing via an annuity of some type to buy back the santander % or to finance the next project. Hopefully see a snowball effect from here. "T"
I think we all concur with their first observation. The share price performance of Rame has been disappointing. However, Rame has successfully met its initial objectives, having completed the Raki wind project and is making progress on its project pipeline. It also has a number of other developments in progress, both in the wind and solar spheres. We continue to believe that it will make good progress over the coming year and that this will in due course be reflected in its share price. Let's hope so. "T"
The 50k sale posted at the end of the day but probably executed first thing. Anyone here sell ? Can understand why, but I still see the potential and try to be patient. "T"
I've topped up again. Hope its not good money after bad. "T"
The constant decline of the SP and the continuing delays with Raki are beginning to try my patience. ....and I'm no saint. Let's hope one day we look back at this and see it as just an unpleasant memory. "T"
...curse of the AIM stock are missed deadlines. Lost confidence and delayed revenues... very frustrating and a poor SP to show for it. Maybe not Rame's fault but Raki was originally scheduled to complete at the end of last year... was it divi's in 2016 they said ? Seems unlikely from where they stand at the moment. Holding but very disappointed so far. "T"
Well I only hope Santander see it the same way. "T"
Legal's even...
RAME's apparent inability to bring Raki on line through the conclusion of illegals is now rapidly turning into farce ! Begs the question as to why they weren't finalised in tandem with the mechanical work ? Not what we and the market want to see... hardly inspiring confidence. "T"
Happy may be pushing it a little for me, but not unexpected. They continue to brush over the delays in commissioning and this is holding up any innovation they might have for purchasing the Santander stake back ( ie: via a bond \ annuity ) on the first project. Get this out in the open and we get a flavour of how things can develop and where teh funds are coming from. Beco revenues were a bit disappointing in the end considering the order book you rightly referred to. Need some decent announcements and a lead in to the interims where improved revenues should be evident. Still content to hold. "T"
... is it that so many AIM company's always leave the posting of financial results to the last possible moment ? Even the tardiest of company's and their auditors should be able to publish audited results well within a 6 month period. Half year revenues were only $400k. I don't know when the Chile projects revenue ( for project management ) is realised nor how much it will be, but I'm steeling myself for some poor numbers. $3.6m revenue was the number for 2013... it would be a decent result to get near those for the whole of 2014, after that first half year. What I want to see is the start of the recurring revenues and more detail on that 'bond' financing option they were talking about 12-18 months ago. Tomorrow will be the day i guess. "T"
..you can buy at 8.1p At least that solitary trade yesterday was a buy. AIM company's and deadline.. sigh. May be holding back to accompany the full year results for 2014 now. Not anticipating particularly sterling results for that period either. May top up if a lower offer arises post results, but have plenty already for the longer term "T"
What should / could have been a momentous week for rame with news, has been a kick in the nuts without it ! Sale at record low. Hope the news delivers when it's finally released. "T"
.. is now upon us. Is the upcoming week the one we've been waiting for ? Let's hope so... "T"
Was reported differently on AD VFN. Might have been a worked buy over the last 3 trading days and the reason for the .75 jump the other day. Never can tell really, but it didn't take the SP down at least. Looking out each morning for the next rns now... exciting times. "T"
.. an indication the seller is finally clear ? Hope so.. Liquidity a concern for sure, but I see no reason not to return to ipo prices in the near term, considering the news anticipated. The company recognizes the liquidity issue.. they say they are reviewing their option, but I'm not sure what's being considered. "T" "T"
Yeah... back to 19p would be a good start. "T"
..only the smallest trickle of trades. Would be encouraged and reassured by some volume, just hope the commissioning and results by the end of the month spark some interest. "T"
Trade settled, but not yet shown as it exceeded market size. Should appear in an hour or so... Didn't budge the MM's mind. "T"