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RDS Red Squared

9.56
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Red Squared LSE:RDS London Ordinary Share GB0002892635 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 9.56 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 9.56 GBX

Red Squared (RDS) Latest News

Real-Time news about Red Squared (London Stock Exchange): 0 recent articles

Red Squared (RDS) Discussions and Chat

Red Squared (RDS) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Red Squared (RDS) Top Chat Posts

Top Posts
Posted at 25/9/2007 08:19 by topvest
That was quick. Can't help thinking this is all a bit of a stitch-up at this price. Oh well, a profit is a profit I suppose however small!
No possibility of a competing bid as they have over 50%.
Posted at 20/9/2007 14:04 by lgpixels
Possible valuation for Red Squared

Profits for 2008 are forecast in the region of £400,000 (although this could be revised upwards after the resutls are issued).

Companies in the sector will normally be on a forward multiple of around 12, so that would give an enterprise value of £4,800,000.

If you add in the cash, which could be around £1,200.000 you could come to a value of £5,000,0000 or 18p per share.

Any thoughts...................
Posted at 19/9/2007 21:49 by topvest
LOL - you may be right!
Management's position may well have changed - i.e. they've got the business to break-even after a long hard slog and they are offered a nice pay-off or a better job and their share of the £2.8m. I'm sure it's not what any of them had in mind, but things have been slower than original expectation on float and so maybe this is a way of getting out at an acceptable, albeit low price. Not impressed though as I rate the management team and I thought they were going to stick with it for us!
Posted at 19/9/2007 19:23 by mjcrockett
Possible offer for RDS at around 10p announced this evening. This shareholder will not be voting in favour of accepting this.

MJ
Posted at 10/8/2007 11:37 by the analyst
Bad day for the markets, RDS up 8% - blimey!
Posted at 09/8/2007 13:34 by lgpixels
Small tick up today, we could well see this trend continue as there won't be many sellers around at these levels. Would be interesting to see if any more contract news is forth coming and what its impact is on the share price (only just over a month untill the year end).
Posted at 03/8/2007 17:23 by smarkmmm
ANS seem to like Red2:

IMMEDIATE RELEASE 03 AUGUST 2007

RED SQUARED PLC
(AIM)
Business: An IBM Managed Services Partner


HOLDING IN COMPANY


Red Squared plc ('the Company'), the technology solutions integrator, was
informed today that ANS Group PLC purchased 340,000 Ordinary Shares on 2 August
2007 at 9p per share, bringing the total holding to 1,440,000 Ordinary Shares
representing 5.08% per cent. of the Company's total issued share capital.


--ENDS--
Posted at 31/7/2007 12:10 by lgpixels
I am sure ANS will buy as many shares in RDS as possible around these levels.

The price of RDS looks very low considering its posative trading and profit potential over the coming years. Now following with a little more interest!
Posted at 30/7/2007 11:36 by smarkmmm
30 JULY 2007

ANS GROUP PLC
(PLUS)
("ANS GROUP" OR "THE GROUP")

INCREASES STAKE IN RED SQUARED PLC

In accordance with the provisions of Section 198 of the Companies Act 1985, the
Board of ANS Group, a leading UK Technology Solutions group, announces that
following the purchase of 1,000,000 shares in AIM listed Red Squared plc at 9p
on 27 July 2007, the Group is now interested in 1,100,000 shares representing
3.88% of the total issued share capital of Red Squared plc.

Scott Fletcher, Chairman of ANS Group, commented: "THE ANS GROUP BOARD WOULD
LIKE TO WISH THE RED SQUARED BOARD EVERY SUCCESS AND LOOK FORWARD TO BEING A
SUPPORTIVE SHAREHOLDER."

--ENDS--

The Directors of the issuer accept responsibility for this announcement



ENQUIRIES

ANS GROUP PLC TEL: 0161 227 1000
Scott Fletcher, Chairman
Paul Sweeney, Managing Director
paul.sweeney@ansgroup.co.uk

ST HELEN'S CAPITAL PLC TEL: 020 7628 5582
Barry Hocken

BISHOPSGATE COMMUNICATIONS LTD TEL: 020 7562 3350
Dominic Barretto
Sophie Davis
dominic@bishopsgatecommunications.com
Posted at 30/7/2007 08:42 by mjcrockett
I went to a t1ps PLUS event a few weeks ago where the Chairman of ANS was giving a presentation. He was comparing the liquidity on AIM and PLUS and happened to mention that he had been trying to buy shares in Red Squared for some time, but that they were never available in any size. He made some favourable comments about RDS. I suspect that ANS will be back for more RDS shares when they can get some.

MJ
Red Squared share price data is direct from the London Stock Exchange

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