Redstonecon Share Discussion Threads

[activeservo] 14/10/2016 14:16

A long term view by shareholders would help...

[lr4850] 14/10/2016 13:51

Difficult to see what will move the share price forward and maintain it.

[value viper] 14/10/2016 13:02

would have been good to see directors buy shares post results actually
drifting currently as no buyers

[lr4850] 13/10/2016 13:44

cc

Any views on this post RNS? Appreciated.

[lr4850] 13/10/2016 13:29

tpi

Excellent post. Measured and calm (nice change :-) )Keep the faith.

I am waiting for funds - from selling another share at the right point - to buy more here. Many have exited who entered early on the steady rise towards 2p and others waiting on the side lines to take their shares - when they are ready.

[the patient investor] 13/10/2016 12:22

Watching this gem being ignored I looked back and just wondered why. It could be SOON a multibagger. Broker says 3p, it could be more...



Just look at this...

You are Mark Braund, the CEO and the absolute protagonist of this remarkable recovery (just look at the figures in the recent results vs last year's ones, and it is only the beginning. Key words in the RNS are "COMFORTABLY in line with expectations and STRONG PIPELINE). I wonder what the market needs more? ;-)


You have done a great job in other companies (just check linkedin etc).

You obviously know well that the company you are leading will do extremely well. What do you do? You buy shares in it. About 14.5 millions to be specific. Current value 228kquid, not peanuts.

Interestingly you add (his last purchase on the 6.9.2016) at 1.84p. That means that even at the HIGHEST PRICE IN NINE MONTHS you think it will go higher!

Oh, and you have been with the company ... how long?
ONLY TEN MONTHS!! Just ten months to resuscitate a struggling biz and turning it in a profitable machine. Ten months.

Draw your conclusions guys ;-)


RedstoneConnect PLC

06 September 2016


For immediate release 6 September 2016

RedstoneConnect Plc

("the Company")

Director(s) Dealings

RedstoneConnect Plc (AIM:REDS), a leading provider of technology and services for smart buildings and commercial spaces, was notified on 6 September 2016 that, on that day, Mark Braund, CEO of the Company, purchased 275,000 ordinary shares at an average price of 1.8459 pence per ordinary share.

Following the transaction, Mr. Braund has a beneficial interest in 14,485,316 ordinary shares representing approximately 0.9% of the issued share capital of the Company.

In addition, the Company was informed on 2 September 2016 that, on that date, Spencer Dredge, CFO of the Company, sold (and his Self-Invested Personal Pension immediately re-bought) 1,392,857 ordinary shares in the Company. The sale of ordinary shares in Mr. Dredge's own name to his Self-Invested Personal Pension was made at 1.9 pence per ordinary share.

Following this transaction, there has been no change to the total beneficial holding of Mr. Dredge and he continues to be interested in 3,212,652 ordinary shares representing approximately 0.2% of the issued share capital of the Company.

[john8] 13/10/2016 09:54

Jason. Thanks for drawing attention to USA potential, it made me wonder whether there are any competitors to Reds or is ConnectIB relatively unique? When we acquired it in March was it full ownership or right to use?

[smart solution] 12/10/2016 20:20

I am in this sector, platform solutions is the way forward, these guys are building a market leader reputation an quick, also in with the world's biggest etailer.

Long way to go here...

[the patient investor] 12/10/2016 16:46

I totally agree, if we enter the US market this is gonna fly



by the way, can somebody explain this please?
not an accountant and rather thick. tx

Revenue grew at a much lower rate, up 1.5% to £20.8m yoy, suggesting the post-COMS restructuring programme has succeeded in bringing down operational costs.

[jasonoranged] 12/10/2016 14:46

I think Mark will be quite keen now to announce some material contract wins, also note the wins in Miami and North America, if it takes off in the states then it is a game changer.

Very encouraging.

[the patient investor] 11/10/2016 13:12

REDS is at the forefront of this sector, smart cities, a market of TRILLIONS $.

It will be interesting to see REDS's role in it, it could be massive.


hxxp://www.businesswire.com/news/home/20161007005274/en/Smart-City-Market-Grow-Tremendously-CAGR-Close

[the patient investor] 11/10/2016 12:11

hxxp://www.stockmarketwire.com/article/5430312/Broker-Forecast-Cantor-Fitzgerald-issues-a-broker-note-on-Redstoneconnect-Plc-Ord-Shs-0-point-1p.html


yes!!

[the patient investor] 11/10/2016 12:08

link please! wow!

[jasonoranged] 11/10/2016 12:00

Broker note out - target 3 p.

Redstoneconnect Plc Ord Shs 0.1p (LON:REDS) had its stock rating indicated as ‘Buy’ in a report released by analysts at Cantor Fitzgerald.
Cantor Fitzgerald today set a target price of 3 on the company’s stock. According to the analyst this now indicates there is a potential increase of 91.57% from Redstoneconnect Plc Ord Shs 0.1p’s current price of 1.57.

[the patient investor] 11/10/2016 09:55

much nicer and easier to read the results here

[the patient investor] 11/10/2016 09:49

i jumped in with 5k, I have not much cash left.

I bet you are loaded!

Agree, blue soon.

We will see a constant flow of new contracts from now onwards.

[jasonoranged] 11/10/2016 09:43

Breaking into the US.

We are seeing increasing demand and opportunity internationally for our software solutions. Our mapping and wayfinding software solution is already installed at Miami International Airport and, during the period, we saw this technology deployed at GSK's Asian headquarters in Singapore; and, more recently, OneSpace was installed for our first client in North America.

[jasonoranged] 11/10/2016 09:32

How many you buy?

Can see it ending blue tbh.

[the patient investor] 11/10/2016 09:29

jason

I know I will thank you again soon

You alerted me to this share a couple of months ago and I made really great money.

I then sold and gambled with stupid shares and lost almost all my profits.

I am back today at this fabulous price for the first time after that very lucky day and I WILL NOT SELL UNTIL I SEE DOUBLE DIGITS IN THE SP!

In the very stylish and unassuming fashion typical of this very serious and highly and rapidly performing recovery business they published their excellent results in a very subdued way. The figures are truly amazing. Also, I would not be surprised if we had very soon another "contract win" RNS.

GLA

[jasonoranged] 11/10/2016 09:14

Note the contract wins in the US.

These are great results 6 months in, share price will pick up soon, also expect some contract announcements now h1 out the way.

[mortimer7] 11/10/2016 09:10

Balance sheet strength much improved. Current net asset situation compared to that at 31st Jan 2016 is very impressive (£3613k vs £31k).

[activeservo] 11/10/2016 07:56

As expected really. I think H2 will decide the fate of REDS, as the restructuring is now over (i.e. they can no longer blame legacy issues) and focus should shift to new business. That's what I'm speculating on.

[the big fella] 11/10/2016 07:53

Pleasantly surprised by the results. Steady if not spectacular progress

[affc21] 11/10/2016 07:52

  Strong order book and new business pipeline from both new and existing customers   Current trading remains strong with the business performing comfortably in line with management's expectations