The is increasing chatter that the company is a fraud etc etc and I have seen that on X and other platforms, as the price goes down people directly lable the company as fraud etc etc. can a company getting orders from reliance/ ongc and other big companies be a fraud? How can all the orders be fake⌠also, I did go through the last concall as well and it did seem that the promoters r not very knowledgeable/fluent in their english and it becomes easy to call them as fraud/cheats etc. thanks to the preferential selling and there rumors of the firm being fake, price is too tempting to add.
D: Invested
The company has been recently using âcommasâ smartly while declaring new orders creating an optical illusion at first look
Concall link please.
Company told they wonât be posting quarterly result anymore from now on they will be posting half yearly result 
The Company has decided to declare results for the quarter ending December 2024, reaffirming our commitment to transparency. The announcement date for the results will be communicated separately.
The volumes have been pretty high since last week. Iâm assuming Some of the public shareholders have been selling since thereâs no notification of promoter trades on exchange.
One of the preferential allottees named âRoopali Uppalâ has been dumping her shares and I think following this a panic was created pushing retail investors to exit at lower prices tooâŚ
- Lack of Result dates, Management making all the wrong announcements at the wrong time and no replies to investor queries have led to where the stock price is today.
Disclosure - Invested
I think once the results are out it would be easier to take a call here. Management deciding for a half yearly results was a blunder at the wrong time, hope correcting it and releasing the results would reduce some panic hereâŚ
They corrected it, now they will be posting Q3FY25 results and future results quarterly. I think the results will be better than expectedâŚonly time will tell.
Warrants Issue.
https://nsearchives.nseindia.com/corporate/RBMINFRACON_19022025151231_BM_Outcome_s.pdf
https://nsearchives.nseindia.com/corporate/RBMINFRACON_19022025151231_BM_Outcome_s.pdf
@Mohit_baid @vnktshb What do you guys think on fundraise with warrants of upto 290cr with market cap is 357cr at price 580/- and current price is 40% down from that at 357/- and promoter participation is 60% of the total.
Recently found this stock and seems to be at an attractive PE. Considering investment. But, need some clarity on one peculiar aspect.
Are SMEs are not required to release Insider Trades to NSE? Promoter holding fell from 72% to 60% in FY2025Q1. RBM did not file that transaction with NSE. But, why would any company reluctant to share that? We know that a big bull bought 3.5% during Q1 (Vanaja Iyer - shows on Economic Times Big Bull portfolio) . Instead they filed a document on NSE dated 29May2024 that Related Party Transactions are not needed to be filed. Why the secrecy? It is to be noted that auditor resigned the next day 31May2024 saying â âDue to lack of cooperation and coordination during the audit process and accounts, finding difficulties and discomfort in conducting audit process in future.â
Is this one of the reasons for the online chatter about fraud company, etc. Also, why the flip-flop on Quarterly vs Half yearly results?
Market cap is 300 crores. Warrants being raised are also a bit shy of 300 crores. What effect will that have on share price. Does it result in dilution to shareholders. Or as the price of warrant is 580 (vs CMP of 300) would that be okay?
How would the Exchange know without filing/disclosure and if the exchange wouldnât know how would moneycontrol show it? so you got it wrong hereâŚthere was a preferential issue of 1662000 shares in Feb last year which reduced the shareholding on a proportionate basis.
@Mohit_baid , yes.. the preferential issue it is. I was only looking for insider trading related items. thx.
Any opinion on warrants? Seems good that it is at a premium to current price. While the substantial dilution is the downside.
It is at a premium to market price as the price of Warrants is decided based on the Average price the stock has been trading for a certain period (26 weeks and 2 weeks highs and lows) as per ICDR Regulations and I feel itâs a good decision given the amount of Rumors and False allegations which were never proven to be right are doing rounds on multiple platformsâŚso yeah it does builds investor confidence and hence the UCs nowâŚ
There is no Dilution of anything here, in fact when these warrants will be exercised (18 months) promoterâs stake in the company will increase, yes other shareholderâs % in the company will reduce but thatâs a small price to pay for all the increase in stock price.
RBM guys have started their own social media account, to apprise investors of regular business activities. Rumors are bound to come, and the company can only answer them with exceptional numbers.
Selling had happened in Jan and Feb because the valuations were maybe too high and uncertainty of the new business.
They have started their social media account now so that we know whatâs happening.