Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on technology and resources supplier to the education sector RM plc (RM.), in November with the shares rising to 45p I questioned how much confidence to have in its argued “opportunity presented by the growth in larger school groups and the increasing use of technology” and its ‘strategic transformation’ funding. The shares most recently closed at above 70p but what of them currently back to near 50p following half-year results?
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