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

cynic looking at the trades you appear to be on your own atm.

quite possibly, but as i pointed out before, it's a somewhat strange stock in which to deal

large sell of 1,573,318, followed by a tick up.

cynic some buying at last.

sp recovering heading upwards presumably news coming

no idea, but pleased to have got in at well below IPO price ..... as i said before, i like the concept, though meaningful results will still be a good year or nmore away

Nearly two months since IPO with not a lot of news. Still watching.

Down 4.79%,on Monday, RM2 International SA (RM2:LSE) closed at 74.50, 0.68% above its post-IPO low of 74.00, set on Feb 06, 2014.

On Tuesday, RM2 International SA (RM2:LSE) closed at 70.50, 0.71% above its post-IPO low of 70.00, set on Mar 17, 2014.

Director/PDMR Shareholding

RNS


RNS Number : 7256C

RM2 International SA

19 March 2014






RM2 International S.A.



Director / PDMR Shareholding



RM2 International S.A. ("RM2" or the "Company") announces that it was notified on 19 March 2014 that The Swiftsure Trust, a discretionary trust of which the principal beneficiaries are the children of Ian Molson, Chairman of RM2, acquired a total of 500,000 ordinary shares in the Company ("Ordinary Shares") on 18 March 2014 at a price of approximately 70.4 pence per Ordinary Share.



Following this transaction, Mr Molson is interested in a total of 6,775,000 Ordinary Shares, representing approximately 2.13 per cent. of the existing issued share capital of the Company.

Dan Coatsworth
‏@SharesMagDan #RM2 floated at 88p & has been on the stockmarket for 88 days - yet still no trading update. Staff getting bonuses though: new shares issued



5:46 am - 4 Apr 2014

Director / PDMR Shareholding

RNS


RNS Number : 8009E

RM2 International SA

14 April 2014






RM2 International S.A.



Director / PDMR Shareholding



RM2 International S.A. ("RM2" or the "Company") announces that it was today notified that Jan Dekker, a Non-Executive Director of RM2, purchased a total of 176,000 ordinary shares in the Company ("Ordinary Shares") on 11 and 14 April 2014 at a price of 70 pence per Ordinary Share.



Following this transaction, Mr Dekker is interested in a total of 2,300,000 Ordinary Shares, representing approximately 0.72 per cent. of the existing issued share capital of the Company.

Stockopedia -

RM2 International S.A.: Silence Since the IPO

Friday, Apr 25 2014 by Heisenberg


RM2 International SA (LON:RM2) was admitted to AIM on 6 January 2014 amid much fanfare due to the high profile board that had been assembled including Sir Stuart Rose, Paul Walsh (ex Diageo CEO).


RM2 specialises in pallet development, manufacture, supply and management and was founded in Luxembourg in 2007 to establish a disruptive presence in global pallet supply and 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, a multi-trip pallet made of a glass fibre and resin composite that is suitable for use in both automated and manual areas of the supply chain of sectors such as fast moving consumer goods, food ingredients, pharmaceuticals and packaging.



In the period of 109 days since the IPO there have been no updates of any note (a number of RNS’ related to Director’s buying shares and that is basically all). I haven’t checked but I figure they must be complying with the AIM rules in terms of minimal required disclosure. However, it does strike me that with the high profile names behind it, raising £137.2m in the IPO, ambitions of trying to establish a leading market position with new customers and a new technology ('plastic pallet') across multiple markets, one would have reasonably expected some meaningful news which warrants informing the shareholders about (of which I am not one by the way) - this is over the best part of nearly one-third of a year.

The IPO price was 88p and today the share price is currently at 65.5p, a fall of only 26% for anyone fortunate enough to get in at the placing price. For anyone unfortunate enough to purchase immediately after the IPO the share price was over 100p briefly so they could be facing current paper losses of over 35% - even with the recent sell-off in certain stocks across the market that is a significant number.

There is also another aspect that caught my attention in relation to RM2 which portrays itself as a manufacturer and logistics operation – it seems to have been devised and is currently run by a number of ex-bankers. Here are the ones I could find in the Admission Document:
•Board Non-Executive Chairman (been doing most of the share buying by the way): ex investment banker
•CEO: ex investment banker (Admission Document description “…recognised as the third most influential European in US Financial Markets by Financial News (November 2005) and the seventh most important British Businessman in the US by the Sunday Times (December 2005)”)
•Chairman North America: ex investment banker
•Head of North American Sales and Marketing: ex investment banker, on the sales side (must admit I cannot see much relevance in his background to the role he is apparently fulfilling at RM2)
•Head of Manufacturing: ex finance industry
•Strategic Development and Investor Relations: ex investment banker



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You should make up your own mind as to whether this is an appropriate mix of skills for the RM2 business but seems heavy on ex-bankers to me in key operational roles.

In any event one would have thought they would have been savvier in their capital markets communication strategy than they have been to date (the company did raise £137.2m after all). Perhaps they genuinely have no updates on the business that warrant an RNS communication (no update for Q1 although they will need to put out interims at some stage).… it does beg the question then of what have they been doing and what sort of signal is this sending?

In my view when you are planning your IPO and discussing with your broker / nomad and PR team you formulate a PR strategy in terms of likely news events over the next 12 – 18 months that will assist in informing and updating your shareholders and also to generate new shareholder interest in the company. Not releasing any bit of trivia as an update for the market as some companies do but what are the deliverables and milestones for RM2 vs the strategy / business plan and likely timing of these – such events are then going to demonstrate progress is being made. It’s not rocket science and its all part of the planning for going public.

In contrast it is interesting to note that CityFibre Infrastructure Holdings (LON:CFHL) which was admitted to AIM on 17 January 2014 (11 days after RM2) has since released 4 separate business updates, including another today.

RM2 has the slogan of “Creating Value in Volume” – its early days for RM2 as to whether this concept is going to work and I offer no view on this as I have not researched the RM2 business in any depth or the market they are targeting. It's pre revenue as far as I can see in the Admission Document so this would count it out for me at this stage anyway. Did RM2 come to the public markets too early and was it better off remaining private until more demonstrable progress was achieved?

Guess we will have to wait and see what the first ‘real RNS’ says and perhaps it will spring into life after this – without any tangible evidence of progress who knows at this stage. As for the Director's buying of shares - let them get on with it in my view as they have been poor judges so far with purchases at prices as high as 93.58p. Ultimately, current and potential investors need to be able to form their own view based on tangible facts.

Operational Update

RNS


RNS Number : 0071G

RM2 International SA

01 May 2014






RM2 International S.A.



OPERATIONAL UPDATE



Production and new manufacturing site lease



RM2 International S.A. ("RM2" or the "Company"), the vertically-integrated innovator in pallet development, manufacture, supply and management, today announces that it has entered into a lease for a 265,000 square foot production facility (the "New Facility") in Ontario, Canada. The New Facility will allow the Company to concentrate its pultrusion activity and related expertise in a single location and has capacity for machinery capable of pultruding the parts for up to approximately 8 million BLOCKPal™ pallets per year (an increase of over 100% from the anticipated capacity of the existing 135,000 square foot facility at the IPO). Pallets will also be assembled at the New Facility, and in due course at additional locations, for delivery to RM2's customers. Operations are expected to begin at that location in June 2014.



A detailed review of the specialist pultrusion machinery being used in the manufacturing of the BLOCKPal™ pallets has identified that machines from certain suppliers are significantly more efficient when operating at high capacity. Concentration of production utilising these machines is expected to result in a material reduction in capital expenditure and pallet production costs. The Company expects to have a total of 25 pultrusion machines installed and operating in the New Facility and 6 automated assembly lines by the end of the third quarter.



The changes in supplier mix and the transfer to the New Facility will result in considerably lower pallet production than anticipated in the first half of the year. It is expected that production in the second half of the year, which was anticipated to be the more significant period, will be in line with management's original expectations and will be managed according to demand.



Since IPO, the Company has continued to test and make improvements to the design and construction of the BLOCKPal™ pallet and the results indicate that the typical life cycle of the pallet has now increased since the earlier test data, whilst the weight of the standard pallet has also been materially reduced.



Pallet Deployment



RM2 has now leased and sold pallets to blue chip customers in Europe and North America across a number of key market sectors. Currently, due to the changes being made to the Company's production facilities and customers' own adoption processes, these are in small numbers. However, the Company expects to secure more substantial orders from both existing and new customers in the short to medium- term.



Chief Executive Officer, John Walsh, commented:



"I'm encouraged by the implementation of RM2's business plan since the IPO just a few months ago. The data from the machinery working at high capacity has been invaluable and this, together with the new, enlarged facility, will enable us to expand production significantly in the coming months in a single location and to benefit from other operational efficiencies.



As our objective is to be a disruptive presence in the global pallet market, we continue to respond to the feedback from, and the needs of, our customers.



I look forward to reporting further progress when the FY13 results are published in June."



The Company will provide a further operational update with the publication of its results for the 12 month period to 31 December 2013, which are planned to be released on 16 June 2014.

what a bloody awful rns

:-)) Were they truly ready to come to the market, I don't think so.

my opinion too .... they gave the impression of far more already in the bag

Small write up in this weeks Shares - They remain bullish on potential .The next catalyst will be results on 16 June, this will show losses as RM2 had no revenue in 2013. The important part will be any comment on current trading and more detailed references to customer take -up.

Off its lows today with a 5.5% rise.

Director/PDMR Shareholding

RNS


RNS Number : 7934J

RM2 International SA

17 June 2014






RM2 International S.A.



Director / PDMR Shareholding and

Issue of Equity



RM2 International S.A. ("RM2" or the "Company"), the vertically-integrated innovator in pallet development, manufacture, supply and management, confirms that it was notified on 16 June 2014 of dealings in the ordinary shares of $0.01 each in the Company (the "Ordinary Shares") on that date by certain of its non-executive directors.



Paul Walsh, a Non-Executive Director of RM2, acquired 100,000 Ordinary Shares at a price of 54 pence per Ordinary Share. Following this transaction, Mr Walsh is interested in a total of 1,539,091 Ordinary Shares, representing approximately 0.48 per cent. of the existing issued share capital of the Company following the issue of shares referred to below.



The Swiftsure Trust, a discretionary trust of which the principal beneficiaries are the children of Ian Molson, Chairman of RM2, acquired 500,000 Ordinary Shares at a price of 50.81 pence per Ordinary Share. Following this transaction, Mr Molson is interested in a total of 7,500,000 Ordinary Shares, representing approximately 2.33 per cent. of the existing issued share capital of the Company following the issue of shares referred to below.



In addition, the Company confirms that it has issued a total of 2,317,000 Ordinary Shares (the "New Ordinary Shares") to certain employees as part of equity incentive arrangements.



Application has been made to the London Stock Exchange for the New Ordinary Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM, and admission is expected to become effective on 23 June 2014.



Following admission of the New Ordinary Shares, the Company will have 321,777,156 Ordinary Shares outstanding. The figure of 321,777,156 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.



1,000,000 of the New Ordinary Shares are subject to the lock-in arrangements detailed in paragraph 6.2 of Part VII of the Admission Document dated 17 December 2013 and the remaining 1,317,000 New Ordinary Shares may not be disposed of in any manner prior to the third anniversary of their issuance date.