Redt Energy Share Discussion Threads

[owenski] 15/12/2022 11:39

Nothing's changed here except they've got some funding
in difficult market funding conditions, and it's not another
dilutive raise.

Same story but now with supportive cash for orders.

Lot of buying coming back in.

I suspect this got a bit overheated, especially looking at the RSI
and it's just cooled a bit from trader activity.

[owenski] 15/12/2022 10:45

Worth a top up IMO

[owenski] 15/12/2022 08:53

Very difficult market to raise capital in, this isn't a wage
bill raise, it's to support the orders they're working on.

The warrants aren't onerous dilution and the warrants from
the previous 100 fund raise are out of price range for the
forseeable.

It's not a bad raise, I'd suggest give this a year or less
even, and you'll see IES coming into its own.

The orders are starting to come.

[owenski] 14/12/2022 14:41

Noted sleveen.

[sleveen] 14/12/2022 14:30

There's your financing owen.

[owenski] 13/12/2022 19:46

For reference -


free stock charts from uk.advfn.com

[owenski] 13/12/2022 09:46

Yet another order announced today. Noted in it is the Li. fire risk which looks to be a catalyst for VRB interest/uptake.

I'll probably add again as it looks like, although the company is still loss making, it's now making traction, RSI is overbought so best to wait for price to cool off a tad.

Still well below last fundraise at a quid.

[owenski] 01/12/2022 15:17

This looks likely to start changing in sentiment.

[owenski] 01/12/2022 13:53

Well, things are looking up, I still hold a few bought at 25p, this does seem to be moving in the right direction,
they will need to raise cash again at some point, especially if they start having to deal with orders
in the magnitude stated in today's RNS, but, they're now showing evidence of traction.

Happier buying at 25p than at 160, which is what some of the fools on the other thread bought at,
however, in time, it might even reach the heights of 160 again.

Current M.cap in the +40m region, given the recent Asian focused newsflow, this doesn't
sound expensive even with today's rise, proof of business starting to happen.

Mistral and LODES still to play for.

Super RNS.

[owenski] 07/10/2022 10:52

Whilst IES receive a deposit on any sales,
their products are capital intensive with the
outlay unwinding on final commissioning.

They don't really make money on VR3 sales,
as said, they need the success of Mistral
to finally get to grips with the VRB cost problem.

Until Mistral fully comes to market - likely
at least one year away (Ref. M Harper) -
they will continue to burn cash.
They will require funding and or grants soon
enough.

Being that the business is capital upfront
intensive, I don't see that they can afford
to fund large projects anyway, they need cash
just for inventory build up.

Further CAC wins - which are likely - if they
are of a substantive size and not just a
sub 5MWH project will require funding in my view
via some partnership etc,
although the company are loath to return to the
market for dilutive funding - mainly because of
the current share price - any funding route
they approach surely will result in some sort
of equity stake, just maybe at an artificial price.

IES has a lot of financial and operational issues
to overcome and whilst they continue to 'learn'
from their show case project wins - which is a
good thing - the company really wont make financial
traction until Mistral is launched and major
MWH projects secured, and that is still some time away.

One to watch and not rush into at present anyway.
The recent webcast should serve as a reality check
IES still suffers from the same issues as REDT,
although they are further along in product development and
show case examples IMO

[owenski] 06/10/2022 18:25

The current VR3 product is not at a commoditised stage, they
made some telling comments on 'down time' and it's obvious
that they're still in a learning mode.

As said, they'll only start to get real commercial traction
on the back of Mistral's success.

They'll likely need one or two large scale projects
>50mw using Mistral to get to some kinda profitability stage.

They wont achieve 'profitability' on VR3.

I wouldn't be in a rush to buy these.

[owenski] 06/10/2022 18:04

The IES holders on t'other thread really are foolish and show lack of insight on business
development and an inability to read where IES are in their evolution.
Some of them were buying this at 160.

One needs to go through the latest results commentary and pay attention -


In short, they've lost projects to competitors, they are not currently able to supply
or compete on large scale utility projects, they are still too expensive.

Their success or failure now hinges on the success of Mistral which is
an iteration of the VRB designed to attack the cost problem they have,
Harper mentions that this is not commercially available for another year.

Therefore, they will remain loss making for probably another 2 x years.

They will be raising funds again in whatever form, possibly in about
6 months time - likely via partnerships, their warrants will remain underwater for the
forseeable,
the share price is where it is and deservedly so.

[owenski] 04/8/2022 09:52

Some of these IES posters clearly have half a brain, lol

[owenski] 03/8/2022 14:29

Clown chops - zero the muppet - finally threw in the towel here,
took him long enough,
told him repeatedly that he was wrong, wrong and just plain wrong on IES/redt,
he should stick to flipping burgers.

[owenski] 03/8/2022 14:21

I think I once calculated that they need to churn out 80m worth of sales
to make profit here. Nowhere any place near that currently.
Sad in a way, thought they'd turned the corner but it's just
another iteration of REDt.

[owenski] 03/8/2022 14:18

Cheap gets cheaper.

Almost as if its pricing in the next fund raise.

One thing's for sure, it wont be at a quid this time round.

The clowns on the other thread not looking too clever, they
thought they had a bargain when they were mouthing off at 160,
those were the days.

[owenski] 29/7/2022 10:42

A quote from energy-storage news -

"One thing limiting the size and scale of flow batteries today is access to
vanadium pentoxide, which is used in their electrolytes. While vanadium
itself is abundant in both its raw primary form and as a secondary byproduct
of steel production, not many facilities to process it into electrolyte exist."

The clowns on the IES thread fail to understand all aspects of this business
and get emotionally tied into their punt, they also dont follow the money.

All of them are heavily under water, their chief clown, zero the muppet,
even got the basic accounts understanding wrong when it was REDt,
I doubt if his incompetence has improved.

[owenski] 05/7/2022 15:44

I doubt if IES has made money out of ESO, I suspect the VRB still remains uneconomic and the real reason behind the SG tie up is to build VRB's at scale and to actually make margin out of them.

Don't see any rush to invest in IES, they've got a lot to prove financially yet.

[sleveen] 27/6/2022 09:11

The G&A will absorb a large proportion of IES cash. Placing within 6-9 months.

[owenski] 27/6/2022 08:52

Numbers not impressive, but that was expected.

Cutting to the chase, it appears that IES are still
at the foothills of any growth, I'll suggest that they
will be raising again at some point, probably in about
a year give or take.

Some elements of the results are not encouraging wrt
capital heavy nature of the business.

This can stay on the watchlist, but they need to score
80mw unit sales to get to some sort of breakeven imo
and that aint happening this year or next, so likely still
a couple of years away, maybe longer.

This can stay on my watch list for now.

Next fund raise unlikely to be at a quid either.

[owenski] 24/6/2022 08:16

Results due soon, be interesting to see what the cash position is, they were fortunate to have raised at a quid a while back, they wont be getting it at that price again.

Turning out to be another iteration of REDt, it's the lack of orders that are concerning, energy storage is supposed to be a 'hot' sector, so one would think orders would be appearing a little more regularly than they have. Company could do with putting out a bit more news flow during 'silent' times too.