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

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.

in my sipp, it doesn't matter

Agree, I think they will come right and so do the directors by the amount they are purchasing. :-))

Re: Agreement
RNS
RNS Number : 2011G
RM2 International SA
02 March 2015





RM2 International S.A.



RM2 Announces pallet deployment with PPG Industries, Inc



RM2 International ("RM2" or the "Company"), the vertically-integrated innovator in pallet development, manufacture, supply and management, is pleased to announce that it has received a commitment from PPG Industries, Inc. ((NYSE:PPG) and "PPG") an S&P 500/Fortune 200 company for the deployment of RM2 pallets. RM2 expects this deployment, which begins immediately, to exceed 250,000 of BLOCKPalTM pallets and to take place in stages across various business units and geographical areas.



Chief Executive Officer of RM2, John Walsh, commented:

"This substantial relationship is further evidence of the benefits the RM2 BLOCKPalTM brings to major corporations across all industry sectors. RM2 is proud to be working in partnership with PPG, helping them to improve efficiencies, achieve sustainability goals and deliver significant savings across large parts of their supply chain."



Viktoras R. Sekmakas, Executive Vice President of PPG commented:

"Deployment of the RM2 BLOCKPalTM will improve PPG's efficiencies and help us to achieve our sustainability mandate. The exceptional strength, durability and handling characteristics of the BLOCKPalTM make RM2 a valuable partner for PPG."

Director/PDMR Shareholding
RNS
RNS Number : 4230G
RM2 International SA
03 March 2015

RM2 International S.A.



Director / PDMR Shareholding



RM2 International S.A. ("RM2" or the "Company") confirms that it was notified on 2 March 2015 that The Swiftsure Trust, a discretionary trust of which the principal beneficiaries are the children of Ian Molson, Chairman of RM2, acquired 400,000 ordinary shares of $0.01 each in the Company (the "Ordinary Shares") on that date at a price of 60 pence per Ordinary Share. Following this transaction, Mr Molson is interested in a total of 8,900,000 Ordinary Shares, representing approximately 2.76 per cent. of the existing issued share capital of the Company following the issue of shares referred to below.

Still buying i see DC .

this is a real slow burner .... with a bit of luck it will eventually catch fire rather than be snuffed out, but could be a good 12/18/24 months yet

I think it is warming up. I think you are on a winner. Look at the huge director buying.
Just needs a steady flow of orders.

Just seen your post jimmy, A bit like the company we were talking about last night. I tend to think its better to take perhaps a small position early on.

i have this in my sipp so plenty of time .... i'm not scheduled to die for a good while yet :-)

Don't die yet otherwise there will not be many posters left. :-))