Redcentric Share Discussion Threads

[davr0s] 05/4/2016 13:19

Disappointing to find ourselves back to the low 180s

[carpadium] 01/4/2016 08:08

Agree, they could have said a lot more although when compared to last closing update (H1) it was similar in brief detail.

It's the reference to 'new client wins' that annoys me somewhat, were they so small as to warrant no mention whatsoever, either via RNS or announcement on their website under news and events? There was absolutely zilch reported in H2.

I do however recognise that it's still a growing company in a growing market with an affordable, aggressive dividend policy so content to add on weakness.

[russell250] 31/3/2016 22:07

I was disappointed with lack of detail over statement.

I was holding £192K since September - but sold down to 97k with frustration in feb - good move as put into glencore.

Today reduced position to 57k not sure if lack of detail of spefic earning ( in line with expectations) and reduction of debt -

I may regret as this company may grow nicely in future years but with a value just under £300million - the upside is limited for next 6 months to wait with very little detail - I have banked some dividends not sold at really a loss or profit to date but last 9 months has been very sterile for a aim listed stock with limited access to liquidity

I switched 40k today into Barclays which I bought at 1.499 - this is half book so becoming as much upside in 12 months as redcentric - the lack of information has led to my reduction - I trade full time but mainly invest with med term in mind.

[norbert colon] 31/3/2016 20:58

I have been in these since the beginning but felt compelled to sell 50% of my holding today as I think the valuation is full and I dont have a strong enough conviction purely as I haven't met the management (yet) which is unusual for me and dont have enough clarity on the business. Happy to remain a holder but equally happy to have some cash on the sidelines.

[joseph moran] 31/3/2016 20:51

Good news I thought but shares down 7 pence

[davr0s] 31/3/2016 11:58

Thought update was fairly positive. Will be nice to break and hold 200p as feels like been here for ages now

[carpadium] 31/3/2016 07:51

And so it does russell, today's update reads well with the right degree of confidence for the future.

[russell250] 30/3/2016 20:39

I totally agree also - been holding these shares since September - hope tomorrow brings good news

[twonky] 30/3/2016 18:21

I agree. Causes uncertainty.

[carpadium] 30/3/2016 17:57

Onwards and upwards, great, but it would be rather nice and appreciated if RCN operated a little closer with retail investors and kept them in the loop as regards progress and schedules. Surely within their interests too?

[davr0s] 15/3/2016 10:53

We had a trading update 16 Mar last year so hopefully another imminent. Good to see the price firming up near ATHs

[davr0s] 09/3/2016 17:02

Strange close - completely outside the trading range for the day

[sharw] 04/3/2016 17:27

Well, there is one part of the big trades - River and Mercantile has sold 3,357,000 shares which coincides exactly with the trade at 13:43:51 on Wednesday.

[sharw] 03/3/2016 09:24

twonky - that still doesn't answer the question as to where it comes from but I have worked out that it is ADVFN - I only use this site for the boards as I have had problems with the rest in the past. The figures I quoted were from Mon*yAM but I have since checked other sites - Yahoo finance, interactive investor, morningstar and nbquotes all show a volume of around 8m yesterday so ADVFN is out on a limb.


Redcentric's own website shows volume 8,155,124

[twonky] 03/3/2016 08:24

49,911 buys 17,774,252 sells 2,703 unknown

[sharw] 03/3/2016 08:07

The monitor shows 51,594 bought and 8,099,635 sold yesterday so I do not understand where you get 18m from.

[carpadium] 02/3/2016 17:49

sharw, nearly 18m showing as sells and as you say very likely direct trades between instis, hopefully notification as to change in holdings to follow at some point.

But how do you calculate this as 'more like a little over 5%'?

[sharw] 02/3/2016 17:15

There are 145,881,185 Ordinary Shares in issue so more like a little over 5% but still substantial. As all the trades over 1m shares were at 187.5p I can only guess that they were direct trades between institutions.

[twonky] 02/3/2016 17:02

About £35 million traded in 15 mins!! Buys or sells?

[carpadium] 02/3/2016 16:46

Just short of 10% of issued shares traded (marked) as sells today, and yet nicely up on the day ... wonder what that's all about.

[webclick99] 02/3/2016 15:57

I doubt they announce it beforehand. Last year was 16th March

[twonky] 02/3/2016 14:38

Does anyone know the date for the pre-close trading update?

Thanks.

[russell250] 26/2/2016 19:51

seems to be a positive momentum building - debt levels are critical - news flow on new contracts will be interesting as very little I am aware of recently - with the additional purchase hopefully we are in for nice upside - the recent article from Yorkshire paper was comforting

[carpadium] 26/2/2016 19:16

Notice Peel Hunt initiated coverage this month, their rating target 230p.
Numis stay at 220p, finncap reiterate 245p.

[twonky] 26/2/2016 18:44

Lets hope that it continues :-)