GENG
05 Aug 2016
Re: Slow Burn Job done!
forwardloop
21 Jul 2016
info Shares mag Unique play on energy RedT’s storage units hold much potential if execution goes to plan Steven FrazerEnergy storage business RedT Energy (RED:AIM) is confident of extracting further efficiencies and costs out of the manufacturing process of its vanadium redox flow energy storage units. This should aid its market seeding programme now in progress. More crucially, this could accelerate commercial unit sales and put the company on a firm path to profit. Chief executive Scott McGregor won’t quantify the implied costs on its first generation units, claiming the information is locked into commercially sensitive arrangements with current trial partners, including European energy giant E.ON (EOAN:ETR). He says the second generation units are operating on a rough $700 per KWh (kilowatt hour), claiming this is a low enough cost for mass market take-up. That progress has largely come from adapting parts and streamlining manufacturing, mainly of the electrode and membrane ‘stack’ components, and of the electrolytes, the tanks of chemically charged liquids. Work is already underway on the third and fourth generation versions. This could potentially further cut the KWh cost. FinnCap forecasts €4.6 million revenue in 2016 soaring to €23.9 million next year. Having raised £3.5 million via a share placing in January 2016, RedT had €7.5 million of cash as of 31 March, with the company thought to be burning roughly €4 million a year cash. The CEO remains tight-lipped on whether extra funds are likely to be needed to get to break-even. The shares are trading at 18.62p Shares says: "It remains too early for the shares to be anything other than speculative, but the company is definitely one to watch. "
Simbrad
28 Jun 2016
finnCap note out this morning on research tree.. "The final results are ahead of forecast and last year, our current year forecast remains unchanged and the introduction of a 2018 forecast implies two-year forecast growth in adjusted PBT of 70%. The group holds 6p per share net cash, and excluding any future acquisitions is expected to remain cash generative. The business is also expected to be a beneficiary of any weakness in sterling. The valuation metrics however look anomalous to us given this positive investment profile with an EV/EBITDA multiple of 2.5x and a yield of 4.3%. "
Blanketstacker
09 Jun 2016
HACKED??? BEWARE! I have just recieved a message in the name of the Head of Comms at REDT. It is a con. Please delete if you recieve.
mcescher
14 Mar 2016
Analysis report on red24 Looking undervalued and I like the business. I plan on potentially taking a pos after reading this report and a bit more digging.[link]
finlassie
21 Jul 2015
Re: Slow Burn Met the management at an event and liked them fundamentals and the sector. Reckoned this sector would expand. But the newsflow recently is fantastic. Couldnt be better. Appearing on BBC news, voted Risk Management Company of the year. Total rerating. Totally hot sector. Happy to continue to hold as I am trying to run my winners now. Or are others topslicing?
GENG
15 Jul 2015
Re: Slow Burn Worth the wait now - going well3 years and not even a page of posts - yet SP has rocketed
finlassie
13 Jan 2015
Re: 15% rise on news Brave to try to time the market. This keeps making moves up on no news. Interesting
Blanketstacker
31 Dec 2014
Re: 15% rise on news No idea, but I am gone from here. I just reckon cash will be king for a while. I am clearing out everything I can without taking too big a loss. (It could just be people buying on the fundamentals as a bit of a punt. The figures look great if you don't read the news).
finlassie
31 Dec 2014
15% rise on news Any ideas why. On NYE too
