Market's view on Ra Internation.
Published on April 2024
- A stock watcher criticises the company for celebrating a $200k profit on $58 million in sales as a strong result, following a $13 million loss the previous year.
- Another questions the benefit of the company being listed, given the minimal profits returned to shareholders despite significant revenues over the years.
- One believes that the underlying business remains strong, seeing potential for long-term investment as the company carves out a niche market.
- Concerns are raised about the company’s lack of news flow and transparency, suggesting it might be better off private.
- Warnings are issued about potential stock price manipulation, urging caution.
- Details are shared about a significant new contract potentially worth a portion of a £375 million fund, sparking a discussion about the company’s share of the available funds and its impact on the market cap.
- The company is credited with a well-prepared bid that could bring in substantial revenue, despite ongoing challenges in profitability and external issues like events in Mozambique.
- There is speculation about an imminent contract announcement which could potentially improve the financial outlook.
- Continuous losses forecasted for the next two years, with hope pinned on potential big contract wins to change fortunes.
- Debate ensues over the implications of the CFO’s departure, with some viewing it as a negative signal, while others see it as a natural transition after a long tenure.