Redstonecon Share Discussion Threads

[cheaky monkey] 16/1/2017 07:35

Biggest tech company in the world....Google/Alphabet by any chance?

[opodio] 16/1/2017 07:27

Rsnon

No mention of size

Prob worth 10k

[curlly] 16/1/2017 07:20

Multi million pound contract.
I liked that bit

[smart solution] 15/1/2017 21:27

360 million under management and AIM fund specialist.

That is credible.

[luffness] 15/1/2017 19:20

"Given the size and influence of Gresham.

Yes very significant"

You are either being sarcastic or are confusing Gresham with another company

[smart solution] 15/1/2017 17:52

Given the size and influence of Gresham.

Yes very significant.

[plasybryn] 15/1/2017 17:29

Is that significant?

[smart solution] 14/1/2017 12:59

REDS tipped by Graham Bird of Gresham House Strategies PLC in Directors Talk today.

Mark Braund tweeted link.

[activeservo] 12/1/2017 12:32

No wonder AIM has got such a bad reputation.

[dontbuuy] 12/1/2017 12:22

Too many sellers

D b

[chimers] 10/1/2017 21:23

On the plus side its not going bust but its not a fire starter.

[holidayhome] 10/1/2017 21:20

In today's ThisIsMoney.co.uk/Daily Mail:RedstoneConnect roared up after an update revealed earnings are set to be at the upper end of expectations for the year to January 31. The firm provides technology for smart buildings – which have automatic controls for heating, lighting and security – such as shopping centres and car parks. Milestones over the year included installing its technology at the flagship office of investment bank UBS and a contract extension with UBM.Shares in the company soared 9.6 per cent, or 0.125p to 1.42p.

[jasonoranged] 10/1/2017 17:27

More jobs just gone on the REDS website.

Progress...progress...progress.

Also check out the LinkedIn comments on the REDS page.

Nice.

[dontbuuy] 10/1/2017 11:53

Does your short term mean "a year"?

D b

[smart solution] 10/1/2017 08:19

Back over 2p short term now imo.

[value viper] 10/1/2017 08:12

Also nice comment in Telegraph market report

[smart solution] 10/1/2017 07:08

REDS features in today's Daily Mail.

Positive write up.

[xxx] 10/1/2017 06:02

Does anyone know of any brokers notes for the company ?
I am intrigued to understand why H2 ebitda, appears to be similar to H1 [0.9m for both], when there have been a couple of acquisitions in H2.

[smart solution] 09/1/2017 22:39

Good post Haywards.

A look on LinkedIn shows the sales team has been beefed up with some strong hires...

All set for growth.

[haywards26] 09/1/2017 21:40

Strong trading update this morning.

The quoted EBITDA figure was slightly below what I had penciled in (probably me being greedy) I was thinking it would be a 20% (ish) increase on the half year EBITDA figure of £0.9m. Giving a total for the year of £2m rather than higher end of £1.5-1.8m as per the update this morning. Not far away granted.

I do like the CEO's words of "transform the future earnings of the company", and "looks forward to the future with great confidence".

The share price should already be over 1.50, so look forward to further rises over the coming weeks, months and years as the company continues to progress, build and transform :)

[martinthebrave] 09/1/2017 17:20

Paul Scott "warming" to #REDS & now on his "watch list" - hxxp://www.stockopedia.com/content/small-cap-value-report-9-jan-2017-boo-sal-ptsg-pub-ztf-reds-165795/

[aishah] 09/1/2017 14:27

RedstoneConnect Plc to present at the Growth and Innovation Forum 2017 in London on 31 January 2017
StockMarketWire.com
Mark Braund, CEO of RedstoneConnect Plc (REDS) [LSE:REDS] a leading provider of technology and services for smart buildings and commercial spaces, is to present at the Growth and Innovation Forum 2017 in London on 31 January 2017.

The Growth and Innovation Forum 2017 is organised by Shares Magazine in partnership with Cenkos Securities and is the UK's only technology focussed investment show.

Thousands of investors have attended our previous investment shows, attendees this year will:

Learn from industry experts and influencers about the growth markets, the technology sector and individual companies

Find out from fund managers how they view the future in 2017 and beyond

Meet the directors of listed technology and growth focused companies

Listen to the expert team of SHARES journalists

[aishah] 09/1/2017 12:04

TechMarketView:

Monday 09 January 2017
RedstoneConnect points to positive profit expectations

A trading statement this morning from AIM-listed managed services provider, RedstoneConnect, indicates that adjusted EBITDA for the year to the end of January 2017 will be “at the upper end of market expectations” (i.e. £1.5m-£1.8m).

First half adjusted EBITDA grew 50% over the comparable period in the prior year to £900k, indicating it would be on course to exceed the £1.3m posted in FY16 following a loss of £700k in FY15. The company puts H2 progress down to “strong” trading – for example, new sales in its software solutions business, which also draws higher margins. In addition to the £8.4m IS contract extension announced last October, Redstone has also signed the renewal and expansion of a three year managed services contract with a tier one global investment bank, worth c£5.4m.

Its acquisition of Commensus (announced November 2016) is now said to be “fully integrated”, and RedstoneConnect is reporting that it’s already won three “important new customers”. Having sold off its loss-making telephony business back in 2015, the company has certainly made steps forward

[parsons4] 09/1/2017 11:56

wooluf bad move IMHO ebitda is what matters rightly or wrongly. And I do believe they have huge losses from the previous mismanagement !!!! You should look at the pedigree of the current management.