By Steve Moore | Wednesday 1 April 2020
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 services provision to remote locations (primarily in Africa)-focused RA International (RAI), in June as the shares were heading back above 50p I questioned has the year-to-date really then been “encouraging”?... I also suggest a greater reliance on delivery of contracts in half of a year - particularly for “remote locations in Africa and the Middle East” - creates the platform for a potential profit warning. The company has since noted “profitability broadly in line with expectations” and now a “COVID-19 update” – and the shares now 32.5p…
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