Founded in 2007, RM2 is a vertically-integrated innovator in pallet development, manufacture, supply and management. Recognising that there are significant costs and drawbacks associated with traditional pallets, RM2 has established a disruptive presence in global pallet supply and aims to improve the supply chain of manufacturing and distribution businesses through the effective and efficient use and management of composite pallets.

RM2 has designed and manufactured the BLOCKPal™ pallet, a multi-trip, heavy duty composite pallet that is suitable for use in both automated and manual areas of the supply chain where there are high levels of movements. The composite material and the associated manufacturing process is designed to bring qualities of strength, durability, flexibility and scale of production as well as other benefits. The BLOCKPal™ pallet has been independently tested by leading institutions and has been shown regularly to outperform comparable products and industry standards.

RM2 aims to change the way its customers look at pallets from a consumable to an asset that can generate significant accretive profit margin. To do this, we align ourselves with potential customers – typically large manufacturing, distribution and retail businesses – to provide an integrated solution to their pallet and pallet movement needs, whilst interacting with other logistics partners, as necessary. RM2’s products have been developed in consultation with these customers and are designed to provide receivers of goods with greater visibility over costs and the ability to reduce the direct and indirect costs associated with inbound goods movements.

RM2 can supply its pallets and the associated services on a rental basis to closed loops or by outright sale and its production method is versatile enough to easily supply standard or bespoke pallets.


http://www.rm2.com/main.php

Only the directors.

On the move, just under 17.5% rise today.

Up another 8% today. Not sure what's driving this, as there is no news.

Sharecast -


Despite its troubles since floating in January pallet manufacturer RM2 International has managed to attract some of the market's most renowned investors of late. It came to the market at 101p but by the time of its annual results on 16 June, the shares were trading at just 54p. Despite this, Britain's best-known value investor, Neil Woodford, purchased 24m shares in the firm though his new fund Woodford Investment Management. That equates to 7.5% of the company's shareholders' equity. As well, the company has brought on board two high-profile directors, former Diageo chief Paul Walsh and ex-Marks & Spencer boss Sir Stuart Rose, The Daily Telegraph's Questor team said.

However, last year the company saw its losses before taxes balloon, in large part due to a $40m payment to settle warrants issued to private investors. Despite the confidence in the shares, Questor believes that it cannot recommend them "with such expensive debts until a set of clean results appears". So 'sell', the tipster tells readers.

Interim Results

RNS


RNS Number : 0815S

RM2 International SA

19 September 2014






RM2 International S.A.



Interim Results



RM2 International S.A. ("RM2" or the "Company"), the vertically-integrated innovator in pallet development, manufacture, supply and management, is pleased to announce its unaudited results for the six months to 30 June 2014.



Financial Highlights

· Successful AIM IPO in January 2014 raising gross proceeds of US$225 million (£137.2 million)

· Revenues for the first six months of 2014 of US$0.78 million (H1 2013: nil)

· Loss after tax for the period of US$22.2 million (H1 2013: US$9.0 million)

· Debt free with cash balances of US$115.5 million at 30 June 2014



Operational Highlights

· Recurring revenues being generated from customers across a range of key industries

· Long-term, scalable contracts signed with some of the largest and most recognisable companies in their sectors

· Increase of manufacturing capacity proceeding on schedule

· Management team strengthened further



Ian Molson, Chairman of RM2, commented:



"The decisions made in early 2014 have begun to bear fruit as our production builds alongside demand for our products and solutions. We believe we have put in place the foundations for a business that can grow significantly."



John Walsh, Chief Executive Officer of RM2, commented:



"Recent contract wins for RM2 coincide with an increase in production at our new facility. I am confident in the scalability of these contracts and of both further contract wins and increasing customer demand."

a little acorn i hope ...... their concept is certainly very good indeed

One worth keeping an eye on.

i have some in my pension

Seems to be in an upward trend. Very little news announced from this company.

RM2 International the vertically-integrated innovator in pallet development, manufacture, supply and management, is pleased to provide the following operational update and to announce continued progress in the deployment of its BLOCKPal™ pallet:

http://www.moneyam.com/action/news/showArticle?id=4942234

Shares - A key risk is the potential required for additional financial resources. RM2's $87 million cash position is forecast to turn into a net debt position of $85 million by the end -2015 and $266 million by end-2016, which reflects the capital intensive nature of the business. Net debt to EBITDA will be over 10 times in 2015 and 4.5 times in 2016, falling to 3.3 times in 2017.Analysts RBC puts a 100p price target based on a 2018 estimated enterprise value to EBITDA multiple of 5.33 times. This implies a 57% upside to the current price of 63.5p .

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

http://www.moneyam.com/action/news/showArticle?id=4956492

Market Buzz

RM2 chairman raises stake

Fri, 23 January 2015


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RM2 chairman raises stake

The children of RM2 International's chairman acquired some shares in the pallet manufacturer company as part of the Swiftsure Trust.
Ian Molson's children bought 1m shares through the trust at an individual price of 51p, spending a total of £510,000 in the transaction.

Molson holds now 8.5m shares, which represents 2.63% of the existing issued share capital.

The firm said last month in a trading update that its production levels continued to build up and are expected to increase significantly with demand through 2015.

RM2 said it remains focused on "converting its significant pipeline of opportunities into sizeable long-term orders and on extending its services with existing clients".

i have a few of these in my sipp ..... i understand the concept and i think it is very good .... whether or not the industry embraces it remains to be seen

I get the feeling the senior management by now have a good guide of contacts and future orders of the business. Also the share purchases for various members of the boards family should bode well in the future.

Director/PDMR Shareholding
RNS
RNS Number : 8418D
RM2 International SA
03 February 2015



RM2 International S.A.



Director / PDMR Shareholding



RM2 International S.A. ("RM2" or the "Company") confirms that it was notified on 2 February 2015 that Paul Walsh, a Non-Executive Director of RM2, acquired 100,000 ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares") on that date at a price of 50 pence per Ordinary Share. Following this transaction, Mr Walsh is interested in a total of 1,639,091 Ordinary Shares, representing approximately 0.51 per cent. of the existing issued share capital of the Company following the issue of shares referred to below.

Market Buzz

Tue, 03 February 2015

RM2 chief executive raises stake

The chief executive of RM2 International bought shares in the pallet manufacturer in a show of confidence in the company.
Paul Walsh bought 100,000 shares for an individual price of 50p, spending a total of £50,000. Walsh now holds a total of 1.64m shares in RM2.

That is equal to 0.51% of the AIM-listed firm´s issued share capital.

In its December trading statement the group said that its levels of production were continuing to increase, in-line with demand.

Output was then running at a rate of approximately 3,000 BLOCKPal pallets per day. That was expected to increase significantly with demand through 2015.

The company was also continuing to ramp-up its production capacity at its Ontario facility, as planned.

Management also said that it remained focused on "converting its significant pipeline of opportunities into sizeable long-term orders and on extending its services with existing clients".

Do not think the market is convinced yet , even with the major share purchasing.


Director/PDMR Shareholding
RNS
RNS Number : 4072E
RM2 International SA
09 February 2015

RM2 International S.A.



Director / PDMR Shareholding



RM2 International S.A. ("RM2" or the "Company") confirms that it was notified on 6 February 2015 that Jan Dekker, a Non-Executive Director of RM2, acquired 100,000 ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares") on that date at a price of 48 pence per Ordinary Share. Following this transaction, Mr Dekker is interested in a total of 2,500,000 Ordinary Shares, representing approximately 0.77 per cent. of the existing issued share capital of the Company following the issue of shares referred to below.

i have a fairly small number in my sipp as i think the concept is very good - and for once i understand it!

Perhaps going to be a couple of years.