Ra International Group (RAI)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

 7.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 16.25
  • 52 Week Low: 7.63
  • Currency: UK Pounds
  • Shares Issued: 173.58m
  • Volume: 50,198
  • Market Cap: £13.45m
  • RiskGrade: 137

RA International appointed to two contracts with Cherokee Nation

By Josh White

Date: Thursday 25 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Remote site service provider RA International has been appointed as a teaming partner on two contracts by Cherokee Nation Mechanical, part of the Oklahoma-based, tribally-owned Cherokee Nation Businesses.

The AIM-traded firm said it was selected to work with Cherokee Nation on two contracts providing construction related support services for the US Department of State in the Middle East and in East Asia.

Both contracts were expected to begin this year, subject to travel restrictions.

Details of the term and value of the contracts would be confirmed in due course, the board said, once site visits had been conducted and final contracts agreed.

"These contract awards build on the excellent relationship we have with Cherokee Nation in supporting the US Department of State, and demonstrates our customer led growth strategy in action," said chief executive officer Soraya Narfeldt.

"We started working with Cherokee in East Africa in 2019 and, building on this success, we are delighted to partner with them on these two landmark projects.

"This is an important milestone for RA International that underlines both our reputation as a trusted partner for managing and delivering large, complex projects and how we are diversifying the geography of our activity."

RA International said it would announce its audited results for the year ended 31 December on 30 March.

At 1520 GMT, shares in RA International were down 3.92% at 49p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RAI Market Data

Currency UK Pounds
Share Price 7.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 16.25
52 Week Low 7.63
Volume 50,198
Shares Issued 173.58m
Market Cap £13.45m
RiskGrade 137

RAI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.76% above the market average18.76% above the market average18.76% above the market average18.76% above the market average18.76% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Price Trend
74.9% below the market average74.9% below the market average74.9% below the market average74.9% below the market average74.9% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average
Income Not Available
Growth
81.28% below the market average81.28% below the market average81.28% below the market average81.28% below the market average81.28% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average

RAI Dividends

  Latest Previous
  Final Final
Ex-Div 27-May-21 28-May-20
Paid 08-Jul-21 09-Jul-20
Amount 1.35p 1.25p

Trades for 19-Apr-2024

Time Volume / Share Price
16:23 50,000 @ 7.75p
10:53 198 @ 7.63p

RAI Key Personnel

CEO Soraya Muriel Narfeldt
COO Lars Ola Narfeldt

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