Founded in 1973, develops IT solutions for students, administrators, teachers, management teams and other education providers which require bespoke solutions.

"We deliver an extensive range of innovative and award-winning products and services - all carefully designed or selected to meet the specific needs of UK education."

http://www.rm.com/home

Ex-divi on wed 12th Mar 2014 (16p)

Harry - were these known as research machines?

You could well be right skinny. They seem to have had a bit of a checkered past and suffered badly in the dotcom crash, but management seem to have turned the company around and are paying a special dividend which is what caught my attention. Ten year high is around 220p and trend seems firmly up, though it's not a heavily traded company, which might put some people off.

My limit buy seems to have triggered this afternoon, so am in for the divi. Just hope I can make a small profit on the purchase as well.

Expected Timetable
*Ex-dividend date for 2013 final dividend ( 2.46 pence per share) 12 March 2014

*Record date for 2013 final dividend 14 March 2014

*AGM 19 March 2014 at 11.30 a.m.

*Trading in existing ordinary shares on London Stock Exchange ceases 19 March 2014 at 4.30 p.m.

*Record date for the special dividend (16.00 pence per share) and share consolidation 19 March 2014 at 5.00 p.m.

*Effective Date for the share consolidation 20 March 2014
( The share consolidation will replace every 8 existing ordinary shares with 7 new ordinary shares)

*Ex-dividend date for special dividend 20 March 2014

*Admission and trading in new ordinary shares on London Stock Exchange commences 20 March 2014 at 8. 00 a.m.

*Despatch of certificates in respect of new ordinary shares 3 April 2014

*Payment of fractional entitlements (if any) 3 April 2014

*Payment of 2013 final dividend 11 April 2014

*Payment of special dividend 11 April 2014

Looked at it harry and decided not, could be long wait to get back even.,.

Divi paid, consolidation complete and sp continues upwards.....slowly!

Trading update

RM plc, the educational IT and resources group, is today issuing the following Trading Update.

As RM approaches its half year end of 31 May 2014, the Board of RM is pleased to report that operational and financial performance has been strong over the first five months of the financial year to 30 November 2014.

As expected 2014 is a year of transition for the Education Technology division, following the decision announced in October 2013 to end the manufacture and sale of personal computing devices. Due to good execution of the restructuring plan it is now anticipated that the Education Technology division will be profitable in the first half of 2014, with higher hardware revenues, better inventory realisations and lower costs than planned.

Both the Assessment and Data Services and Education Resources divisions are growing organically with good margins.

As a consequence, adjusted operating profit for the 6 months ending 31 May 2014 is anticipated to be higher than the comparable period last year, notwithstanding the restructuring of Education Technology referred to above. The Board expects that the Group's seasonal bias of profits towards the second half of the financial year will be much less pronounced than last year, but nevertheless now anticipates that adjusted operating profit for the year to 30 November 2014 will be materially higher than its previous expectations.

RM will release its interim results in early July 2014.

RM plc announces interim results for the 6 months ended 31 May 2014
RM plc, the educational ICT and resources group, announces its interim results for the 6 months ended 31 May 2014.

Highlights
· Total revenue of £92.1m (2013: £118.8m)
o Education Technology reduction of 36.2% with the planned move away from the sale of personal computing devices
o Education Resources growth of 11.3%
o Assessment and Data Services growth of 3.0%
· Adjusted* operating profit margin increased to 8.0% (2013: 4.1%)
· Adjusted* operating profit increased by 49% to £7.3m (2013: £4.9m). Adjusted* profit before tax of £7.0m (2013: £4.4m)
· Adjusted* diluted EPS: 6.2p (2013: 3.6p)
· Cash generated by operations of £6.1m (2013: £19.6m)
· Net cash and short-term deposits of £40.3m (2013: £51.8m at 31 May, £63.2m at 30 November) after payment of £14.7m special dividend and £8.0m for pension risk reduction
· Pension deficit decreased to £8.8m (2013: £25.3m at 31 May; £15.8m at 30 November). Deficit net of deferred tax was £5.4m
· Interim dividend per share increased by 14.3% to 0.96p (2013: 0.84p).


David Brooks, RM's CEO, said:
"We are pleased to report a solid set of results for the first half. We are particularly encouraged by the double digit top-line growth in Education Resources for both UK and exports, while maintaining good margins in this business.

The reshaping of the largest division, Education Technology, continues with the discontinuing of hardware device manufacturing and the end of the stand-alone sale of personal computer devices progressing well. As headlined previously, refocusing this business on software and services will take time with the trend towards devolved procurement at a school level and the expiry of BSF contracts.

Assessment and Data Services continues to grow organically and maintain strong margins.

Trading performance in the second half is expected to be similar to that in the first half."

Interim Management Statement - Trading Update
RM plc ("RM"), the educational IT and resources group, is today issuing its Interim Management Statement for the period from 1 June to 17 September 2014. Trading in the third quarter of RM's 2014 financial year has progressed ahead of expectations.

The repositioning of the Education Technology division continues to proceed satisfactorily with costs running below plan. Lower costs than expected have also been incurred at the end of some long term managed service contracts. Profitability of the personal computing devices business, which is being wound down, has continued ahead of plan.

Within the Education Resources division, good revenue growth and margin performance in TTS has continued ahead of expectations over recent months.

The Assessment and Data Services division (trading as RM Results) continues to trade in line with growth expectations.

As a consequence, RM now expects a significantly more profitable second half than was anticipated at the time of the announcement of the half year results.

Net cash at 31 August 2014 was £28.2m, compared with £38.3m a year earlier. This is after payment of the £14.7m special dividend in March and an additional £8m payment into the pension related escrow account in the first half.


StockMarketWire.com
Numis has upgraded its recommendation on educational IT and resources group RM (LON:RM.) to 'buy' from 'hold' on the back of yesterday's positive third-quarter interim management statement.

The broker stated that it had increased its pre-tax profit and earnings per share forecasts by between 16 and 24 per cent, as a result of the IMS, and upped its price target to 205 pence a share from 185 pence.

"This upgrade reflects both continued strong cost control (better than plan), and also good trading (e.g. market share gains in Education Resources)," Numis added

Tipped in Shares apparently.

Thanks for the heads up.
Long article and the final paragraph as follows:
(Steven Frazer) "Numis securities earlier this month raised it's forecast for the company for the second time this year. It is now anticipating earnings per share of 16.1p for next year, up from the previous 13.6p, cutting the PE multiple from 10.8 to 9.1. Strip out net cash and the PE falls to just 6.4. Numis reckons the shares are worth 205p, implying 40% upside, yet this would still leave the shares trading on a discount ex-cash PE of just 10.7. BUY"

StockMarketWire.com
RM will announce its preliminary results for the year ending 30 November on 2 February 2015.

RM plc ("RM"), the educational IT and resources group, reports its results for the year ending 30 November 2014.

SUMMARY
• Total revenue of £202.5m (2013: £261.8m).

- RM Resources revenue increased 16% to £62.8m (2013: £54.0m)

- RM Results revenue increased 5% to £27.8m (2013: £26.5m)

- RM Education revenue decreased as planned by 38% to £111.9m (2013: £181.2m)

• Adjusted operating profit margins increased to 9.1% (2013: 6.6%) with adjusted operating profit* of £18.5m (2013: £17.2m)

• Adjusted profit before tax* increased by 9.9% to £18.1m (2013: £16.4m). Statutory profit before tax increased by 67% to £15.8m (2013: £9.4m)

• Cash generated from operations of £19.1m (2013: £34.7m). Cash and short-term deposits at 30 November 2014 were £47.9m (2013: £63.2m) after payment of the £14.7m special dividend and £8.0m into the pension escrow account

• Pension deficit before tax £26.8m (2013: £15.8m). Pensioner buy-in completed leaving £3.3m in escrow for further risk mitigation exercises

• Adjusted* earnings per share increased by 30% to 16.4 pence (2013: 12.6 pence). Earnings per share increased by 107% to 13.9 pence (2013: 6.7 pence)

• Full year paid and proposed dividend per share increased by 21% to 4.00 pence (2013: 3.30 pence)

Commenting on the results, David Brooks, Chief Executive of RM, said:
"2014 was a good year for RM with both RM Resources and RM Results delivering strong organic growth. RM Education has been reshaped, after the closure of the hardware manufacturing and distribution facility in the year. All three divisions improved operating margins with good cash generation.

RM Resources and RM Results are well positioned for further growth in 2015 and we remain focused on the further development of RM Education's provision of software products and services to UK schools."

Notification of Interim Results
RM plc will announce interim results for the 6 months ending 31 May 2015 on Monday 6 July 2015.

StockMarketWire.com
RM Plc has improved its H1 pretax profit to £9.2m, from £6.7m. Revenue was £79.8m, from £92.1m. dividend was 1.2p a share, from 0.96p.

CEO David Brooks said:

"We have delivered another good half year of results and are on track with our journey back to growth.

"RM Resources and RM Results have continued to grow and deliver strong margins. RM Education continues to improve margins as we focus on software and services.

"These results together with our strong balance sheet give us a stable platform for RM's long term future."

finnCap today initiates coverage of RM PLC (LON:RM.) with a buy investment rating and price target of 213p.

13-12-16 Trading Update
The Board of RM plc confirms that it expects results for the financial year ended 30 November 2016 to be in line with Board expectations.

Cash and short-term deposits as at 30 November 2016 were £40.0m (2015: £48.3m).

The deficit in the Company's defined benefit scheme as at 30 November 2016 has increased to £35m (Nov 2015: £21.9m) as a result of the significant reduction in Corporate bond yields. The next triennial valuation of the scheme is May 2018.

StockMarketWire.com
RM Plc has booked a FY statutory after-tax profit of £11.6m, from £15.0m, on lower revenue but with an improved dividend as it unveiled the proposed acquisition of Connect Group's Education & Care business.

RM's revenue fell 6% to £167.6m, but it hiked its paid and proposed dividend to 6p a share, up 20% from 5p.

The reduction in after-tax profit was primarily due to a property provision release of £2.4m in the prior year and a £2.1m charge in 2016 for restructuring and acquisition costs.

CEO David Brooks said 2016 was another year of delivering a solid set of results, in which RM had reported improved profitability and increased operating margins.

"We are also pleased to have announced the proposed acquisition of the Education & Care business of Connect Group," he said in a statement, noting a purchase price of £56.5m on cash- and debt-free basis.

"This acquisition, in combination with our existing RM Resources operation, would provide a number of strategic and operational benefits."

RM would also assume Education & Care's pension schemes, which reported a combined net liability of £7.9m

CMA CLEARANCE
On 7 February 2017, RM announced the proposed acquisition of the Education & Care business of Connect Group PLC (the "Acquisition").

The Company is pleased to note that the Competition and Markets Authority has earlier today announced that it has unconditionally cleared the Acquisition.

Accordingly, the Company expects the Acquisition to complete on or around 30 June 2017.

A further announcement will be made in due course.