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RDS Red Squared

9.56
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Red Squared RDS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 9.56 01:00:00
Open Price Low Price High Price Close Price Previous Close
9.56
more quote information »

Red Squared RDS Dividends History

No dividends issued between 30 Apr 2014 and 30 Apr 2024

Top Dividend Posts

Top Posts
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 04/8/2007 00:42 by smarkmmm
ANS results released on 31 JULY 2007 - several references to future acquisitions:

ANS GROUP PLC
(PLUS)

FINAL RESULTS
AND
FURTHER INTERIM DIVIDEND PAYMENT

The Board of ANS Group ("ANS" or "the Group"), a leading UK Technology
Solutions group, is pleased to announce its Final Results for the year ended 31
March 2007, a period that has seen continual improvements throughout all
aspects of the Group.

HIGHLIGHTS

* Group revenues up by 23% exceeding GBP6m for the first time;
* Pre-tax profits up 15.4% to GBP634,000;
* Second interim dividend payment of 1.65p (2006: 1.4p);
* EPS growth of 17.5% to 4.12p (2006: 3.40p);
* Cash reserves GBP1.69m;
* Strong growth of 29% in SysCare division to GBP1.035m contracted revenues;
* BIOS Ltd. ("BIOS") acquisition fully integrated;
* Renewal of financial, management and CRM systems;
* Significant awards and accreditations; and
* ANS subsidiary, Smart Identity plc, to float on PLUS.

Scott Fletcher, Chairman of ANS, commented: "ANS REMAINS A BUSINESS OPERATING
AT THE FOREFRONT OF ITS SPECIALIST FIELD. MANAGEMENT IS HEAVILY INVESTED IN THE
BUSINESS, WITH THE DIRECTORS' HOLDINGS AT JUST OVER 50%. THE BUSINESS IS WELL
PLACED TO ACHIEVE FURTHER GROWTH AND CONSIDER FUTURE ACQUISITIONS THEREBY
ENHANCING SHAREHOLDER VALUE."
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 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
Posted at 30/7/2007 08:26 by smarkmmm
ANS & Red2 look well matched:



ANS Group is a technology infrastructure specialist in the provision of hardware, software and 24/7 managed services to Enterprise businesses. Operating within both public and private sectors, its leading and award-winning solutions are offered in three key areas; Security & Identity Management, Unified Communications & Wireless and Storage,

Storage Management & Virtualisation.

Based in Manchester, ANS Group delivers consistently high levels of customer service through all project deployments and ongoing support to its 400 plus client base. Working closely with key partners Cisco, Hitachi Data Systems,
Microsoft, Novell, and Smart Identity allows ANS Group to offer an unrivalled level of expertise and experience in the multifaceted industry of IT.

Beginning its floatation on PLUS Markets, formerly known as OFEX, London's third Market, in 2000 ANS Group now has a very strong UK-wide presence. Our Storage, Identity Management, Communications and Support solution teams are CORE, HALO, BIOS and CARE. Each is designed to meet the specific needs of every individual customer.

We are the leading UK information technology solutions provider and winner of the Channel Company of the Year and Annual Inner City 100 Award. Answering real business issues, ANS Group has built an impressive portfolio of customers in a variety of public and private market sectors, including Local and Central Government, NHS, Legal, Commercial and Financial Services.


Investment Highlights

Fastest growing OFEX stock to June 2005

Dividend payment to shareholders

Commendation by Chancellor Gordon Brown

Accredited with position in Top 100 Fastest Growing Business Index

Strategic partnerships with IBM, Microsoft and Novell

Based in both Manchester and London with a staff of 50

Patent-pending technology

The success, to date, has been made possible through a strong board of directors that has provided the company with the vision and focus to align our strengths with the challenges organisations face. ANS Group has undertaken
considerable restructure in order to be in the successful position we are today; a leading UK provider of information technology solutions, who understands the real business problems in today's environment. ANS Group
floated on PLUS Markets, London's third market, in August 2000, raising £1.5m.
Posted at 23/5/2007 23:57 by aleman
It is remarkable how market sentiment seems to be affecting this without any specific news. There have been an awful lot of profit warnings in the minnows this year and unemployment is rising significantly and houses are falling in some areas now. It's like saying more are getting injured in car accidents. Does it mean you will be? I don't know whether what is affecting other small caps will affect RDS or not. At least they should be getting more interest on the large cash balance so are better off than some.
Posted at 03/4/2007 14:34 by emergin
RDS the S.P. will move up and down just now, however the door is open to buy.in just now. New contract wins Increased capacity due to partnership with Easynet connecting Red Squared to the Easynet UK backbone, via resilient links opening up access to over 20 additional data centre locations throughout the UK, for hosting of customer equipment; I have invested in RDS at sharclubuk.co.uk RDS will make more deals and they have Cash at Bank pound;951,242 to work with.
Posted at 13/3/2007 11:14 by randsys
From UK-Analyst.com this morning...

Buy Red Squared at 7.5p
A recommendation for UKmicrocap.com

AIM listed Red Squared has spent many years promising many things but until recently, had done very little to excite. But all that is set to change. This IT business provides the typical fare of management and monitoring services to both SMEs and larger companies. Benefiting from a long standing strategic partnership with IBM Global Services, this PLUS markets graduate receives most of its new business wins through the tie-up with IBM. In last 8 months alone, it has snapped up some sizeable contract wins for its managed services division, ensuring recurring revenues for the next three years.

In 2001, the business won its largest contract worth £3 million through IBM to provide hardware and managed services for a global company. Since then, the business has set up an independent data centre, established strategic partnerships with Independent Software Providers (ISV) and launched Red2Alert, its own monitoring and management application.

The group earns its revenues through three main sources - fees from consultancy provided to customers, income from the sale of Red2Alert and partnership agreements set up with various ISVs which eventually lead to long term managed services contracts. The contract wins typically bring in anywhere between £500,000 and £750,000 and last for a three year period. The revenues are recognised over the period of the contract and it is believed that the renewal rate for Red Squared's contracts is as high as 80%.

In January this year, seven years after its inception, the group announced its first retained profit of £141,489, recorded largely as a result of a deferred tax consideration. Gross profit increased by 20% to £1.805 million while group turnover was up by 10% at £2.698 million. What makes Red Squared so attractive is its cash pile amounting to almost half its market cap at £951,242, equivalent to 3.1p per share. While the return to profitability in 2006 was achieved only with the help of tax credits, the management is confident that it will achieve solid earnings in the year to September 30th 2007.

Revenues should grow to £3 million this year, climbing a further 10% in 2008 to £3.3 million. We expect the company to record profits of £100,000 in the current year rising to £400,000 next year. On a zero tax charge, that puts the stock on a PE of 21.4 for 2007, falling to 6.8 in 2008 assuming a tax charge of 15%. Strip out the cash and the stock is trading on an ex-cash PE of 4. Red Squared has no debts and therefore has an enterprise value of £1.4 million. A realistic valuation for an IT services company on AIM, we believe is 15 times earnings and on that basis, we should see the shares hit 16.5p over the course of the coming year. Buy.

Key Data:

Price:7.25 - 8.25p
Market - AIM
EPIC - RDS
Posted at 02/2/2007 09:04 by mjcrockett
The tick up this morning could be down to a piece on RDS in the Investor's Chronicle today. They rank RDS as a buy. They make reference to a potentially high profile pilot contract soon to be announced for sending prescriptions electronically between doctor's surgeries and pharmacies. This was touched on in the recent Final Results statement. I would guess that the IC have had a meeting with RDS and have come away with an optimistic view on future prospects. Sounds promising.

MJ

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