Redstonecon Share Discussion Threads

[chimers] 06/9/2016 12:31

There are a lot of old shareholders wanting out and new ones wanting in , once it has all settled it will start to rise strongly imo.

[jasonoranged] 06/9/2016 12:20

I agree - 3 year hold minimum for me.

Very impressive operation now, MB done a remarkable turnaround job in a short space of time.

[chimers] 06/9/2016 12:18

It has masses of potential imo.

[jasonoranged] 06/9/2016 12:11

Ok, seems a good entry point pre results, I am expecting some material contract news/ updates in Sept as well.

Good luck.

[chimers] 06/9/2016 12:09

Yes I have a few and may get more.

[jasonoranged] 06/9/2016 12:07

ok thanks, you bought in.?

[chimers] 06/9/2016 12:05

Oh yeah the new team and the progress makes it back in play.
You move your opinion as events unfold.

[jasonoranged] 06/9/2016 12:03

Chimers -you used to have a downer on the old COMS, you see a good future for REDS?

[chimers] 06/9/2016 11:54

I think this will tick up quite soon its looking v strong!!

[chimers] 06/9/2016 11:51

Steady as she goes, these new contracts will give us a real solid base for future growth.

[jasonoranged] 06/9/2016 08:52

Morning - Mark B is speaking at the UK Investor show next year, PR being upped clearly, expecting some contract news soon here.

[lr4850] 05/9/2016 18:01

Some chunky trades today. Maybe institutional interest is building again. What would help the sp, IMHO, is contract announcements before the results and there is enough time for them to be announced (if there are any?)

[activeservo] 05/9/2016 15:10

If the MMs have been tasked to increase the price then this happens, it's a good sign. If the sells keep flowing then I expect a tree shake soon, possibly tomorrow.

[curriedquaker] 05/9/2016 09:02

Nice 2.5 m buy @ 1.9

[jasonoranged] 05/9/2016 08:48

They are building a great business, block by block.

Long term investment that allows you to sleep at night.

[activeservo] 05/9/2016 08:41

I think the news was as good as expected. Once the panic selling is over and part of the herd has gone, we should be on our way. This share isn't for gamblers.

[lr4850] 05/9/2016 07:50

I notice that it has gone very quiet regarding the setting up of an office in Holland. Either way, we should be informed about that, which was clearly stated by the company.

[johnb88] 05/9/2016 07:49

Did anyone have any idea who the £12mn contract is with, the 'leading financial institution'?

[owenski] 05/9/2016 07:30

The non trading update - update.

nothing new but the transition from Coms is complete and looks like the REDS offering and business has potential to outperform

The summary is very positive -

"We are pleased with the strong first half of trading, having secured a number of new business mandates allowing us to broaden our revenue base to include recurring project, licence and higher margin services business. The strong momentum in the first six months of the year has continued into the second half and management is confident in the Company's prospects for the full year.

"The heavy lifting associated with our restructuring is now complete leaving the business leaner, fitter and ready to capitalise on a number of significant opportunities. The commercial deployment of our software products alongside our recent success of interconnecting our smart solutions with our traditional IT services is testament to both the quality of our people and solutions, as well as demonstrating the successful implementation of our strategy."

[scrutable] 05/9/2016 07:28

Does anyone who has had any dealings with the company or has worked inside its buildings, have anything enlightening to say?

[scrutable] 05/9/2016 07:28

Why not even a hint of financial achievement in this so-called Trading Statement. - just assertions, no revenue figures, nor comments on profitability, nor on personnel. Nothing but regurgitation of everything previously announced. We will have to wait a lot longer for the actual published results. Shame really, although the implication is of bold confidence that nothing is faltering, everything going well.
I wonder why they so firmly avoided all useful information. When are they due to report properly?