theprior
30 Nov 2018
Recovery? Shhh After the last lurch downwards RCN is showing remarkable signs of recovery. Get in before it’s out of sight TP
theprior
30 Nov 2018
SAE move into Hydro Lol, I wondered where that post ha down gone! Clearly should’ve been on the SAE bb. Sorry folks TP
theprior
26 Nov 2018
SAE move into Hydro More good news from SAE with the purchase of a hydro portfolio from major shareholder. The portfolio of assets is growing further now (and this one is cash generative from the outset) Market likes it, currently +13% TP
ookyfly
29 Nov 2017
Re: Half year results Mr Market not greatly impressed - down nearly 3% in thinnish trading.I'm holding.
Sharpedge7
29 Nov 2017
Re: Half year results I'm no expert or accountant but it looks a steady as she goes situation now. COULD be a classic recovery play now. I have bought back in (in smallish way) and hoping to recover some of the losses made a year ago!!
ookyfly
29 Nov 2017
Half year results Look okay but not great to me. Improved efficiency but no growth in revenue.However I'm no accountant. Expert views?? Mr Market?
bamboozled
22 Nov 2017
Re: I wonder if... Can't be any worse than 2016 
?Hopefully over £1 soon...
LoveMusic
22 Nov 2017
Re: I wonder if... Maybe the interim results on 29th November are going to be promising, is all I can think.LM
LoveMusic
21 Nov 2017
I wonder if... ...if Redcentric might at last be on a move in the right direction.But there's no news.LoveMusic
bamboozled
03 Sep 2017
Re: Inert. I still have a core holding here and occasionally been buying /selling in the trading range.Not much in the way of excitement but keeping an eye out....for good and bad news.Wish the directors would put more skin in the game tho'.
ookyfly
31 Aug 2017
Inert. A good description of this board. Nothing happening?
ookyfly
27 Jul 2017
Re: Financial Reporting Council investig... Okay - but the sp is up over 8% so far today. Some good news must be brewing. More insider trading? Shock, horror, what a surprise.
The Dutchman
26 Jul 2017
Re: Financial Reporting Council investig... If you are interested in what sort of shenanigins go on under the heading of "accounting misstatements", and how the auditors seem to miss the obvious read the recently issued Financial Reporting Council's report on PWC's audit of Connaught - Guilty as charged M'lud !!. There are obvious smilarities to RCN; cash misstatements, incorrect spreading of profits/losses over the length of a contract etc...... oh and the same auditors.
ookyfly
25 Jul 2017
Re: Financial Reporting Council investigates... This no doubt explains why the sp has been falling. Something else (insider trading?) for the FCA to investigate? But of course it won't.Perhaps things will look up now that the news is out? It seems to affect auditors, not RCN as such.
The Dutchman
25 Jul 2017
Financial Reporting Council investigates Redcentric Back in December when I sold my shares ( at a price slightly above today's price !) I said I would not bore you all further with my thoughts on the accounting irregularities etc. However I'm heartened to see that the FRC ( not to be confused with the FCA, who are already on the case) is now investigating the conduct of the auditors PwC and today announced they are investigating the conduct of one of the accountants responsible for preparing the accounts - presumably the FD.If following the investigation a "prosecution" is undertaken then In a few years time we will find out what really happened.!
