Redstonecon Share Discussion Threads

[aishah] 17/1/2017 21:20

Up 50% intra day from mid December lows. Talks with IBM and Cisco ongoing according to Techinvest. Strong hold imo as story unfolds. Dyor

[338] 17/1/2017 10:51

average trading volume of 20m per day for 2 months can take REDS to 5p soon, I guess.

[curriedquaker] 17/1/2017 10:45

Will be interesting to see what the volume of shares traded today will be. If in excess of 20 m on a rising share price we could be getting close to 2p very soon. I agree with owenski, these are going to be an interesting holding either way imo.

[smart solution] 17/1/2017 03:53

Great post Peter.

Huge win assuming Google.

[bhafc5] 16/1/2017 21:14

Timmy I sure am !

[timmy11] 16/1/2017 20:27

bhafc are you brighton supporter

[owenski] 16/1/2017 20:00

Decent volume on today's move

[bhafc5] 16/1/2017 14:23

131587 no was a purchase Not sale !

[aishah] 16/1/2017 13:44

Redstoneconnect (LON:REDS)

Share price: 1.65p (up 15.8% today)
No. shares: 1,633.2 (taken from RNS dated 29 Apr 2016)
Market cap: £26.9m

(at the time of writing, I hold a long position in this share)

Contract to deliver in-building cellular - I don't normally comment on contract wins, as so many of this type of announcement is spurious. However, this looks quite interesting.

Reading between the lines, it sounds as if the client might be Google's new London HQ, a campus being built near King's Cross station. You can't really get a better reference site than that. Therefore, this contract could be a catalyst to enable REDS to win much more business.

More at Small Cap Value Report
hxxp://www.stockopedia.com/content/small-cap-value-report-16-jan-2017-wand-vlk-reds-tax-mbh-sqs-ins-166927/

[smart solution] 16/1/2017 13:17

Speculation contract is with Google.

See l.s.e thread for more details.

[haywards26] 16/1/2017 13:07

It depends on time frames 338 :)

[aishah] 16/1/2017 13:00

Smart Buildings Show (1-2 March 2017, The Barbican, London) is pleased to announce its first Gold Sponsor, RedstoneConnect plc.

Mark Braund, CEO, RedstoneConnect Plc, commented, "We are delighted to be a Gold Sponsor for this inaugural Smart Buildings event. It gives us an important opportunity to show a targeted audience our Smart Buildings products and solutions in action. We look forward to meeting like minded people to discuss our Smart Buildings infrastructure and unique software applications that bring the potential of Smart Buildings to life.”

Smart Buildings Show will be the perfect environment for smart buildings professionals to learn about new products, find new suppliers and catch up with existing suppliers.

The event will also feature a free to attend conference will help architects, construction and building services contractors, building owners and facilities managers plan, implement and manage their existing and future smart building requirements.

[338] 16/1/2017 12:42

PT 3p is too low for me :)

[haywards26] 16/1/2017 12:29

Great contract announcement - the share price should be around 2p excluding this latest big name contract addition, based on the profitability growth that is being recorded/achieved.

[value viper] 16/1/2017 11:47

this is all developing very nicely - lets admit...below from Trium Capital but DYOR

RedstoneConnect (£23m mkt cap) announces it has won a multi-year, multi-million pound contract for the design, build and operate of an In-Building Cellular solution at the new London HQ of a leading global technology company specializing in internet-related services. While the company is not named, the only company of this kind building a London campus that I’m aware of is Google at Kings Cross. Installation will be completed by March 2017 and roll-out will occur over the next two years. REDS will be using the 3rd party CrossFire solution. That is a great client to have and a strong validation of REDS ability to get a seat at the table on some the biggest London smart building projects. This underpins our unchanged forecasts. On our forecast FCF figure of £1.7m in FYJan 18 and £2.9m in FY Jan19 the stock trades on a yield of 8% and 13% respectively. I really think the market is missing a trick here. Buy. PT 3p.*

[aishah] 16/1/2017 11:09

They are presenting at the Growth and Innovation Forum 2017 in London on 31 January 2017 which should bring more interest here. dyor

[philjeans] 16/1/2017 11:05

Excellent news - keep buying.

[aishah] 16/1/2017 09:11

Whitman Howard comments from last week's update:

33% upgrade to January 2017 PBT
"Redstone has released a trading update stating it ‘expects to report EBITDA at the upper end of market expectations’. This implies EBITDA of £1.8m which is above our current estimate of £1.5m. Accordingly, we are upgrading our PBT forecast for the year ending January 2017 by 33% to £1.2m from £0.9m. We reiterate our buy recommendation with a 2.2p price target implying 69% upside"

[338] 16/1/2017 08:32

The new contract and should be followed my many new contracts soon... those will provide a nice support for REDS to reach the share value of 5p in the summer

[smart solution] 16/1/2017 07:37

Good news...yet more progress.

[curlly] 16/1/2017 07:35

opodio

It say multi million pound contract.