Red24 Share Discussion Threads

[nickjoseph] 22/2/2012 11:22

Just noticed. Looks like I got mugged by broker at 12.5. last purchase of 50k at 12.25. Put at best as I could not buy online.

[nickjoseph] 22/2/2012 11:20

Saw this share on breakout. bought 34k+ this morning as a long term hold in Sipp. Looks good on the research and comments you have all made. Had to pay the price for them. Looks like I might have moved them a little for you all. Good luck out there. Nick

[davydoo] 22/2/2012 09:08

GHF sublime bit of buying you managed over the last few weeks. Look at it move on just a few 10k trades today.

[glasshalfull] 16/2/2012 17:05

Thanks unionhall.

Plenty of positive snippets emerging on REDT as evidenced by recent posts on the thread. Nice if this translates into a positive update in 6-weeks or so.

Also see someone paying full offer (11.5p) for 50k which was announced after the close today. Is the persistent 50k seller finally done?

Regards,
GHF

[glasshalfull] 13/2/2012 16:30

Just observed that the order I left with my broker was executed earlier. So I'm responsible for a further 25k bought today.

Regards
GHF

[owenski] 10/2/2012 20:25

Interesting, I'm in HRG also and have access to REDT products via my bank

[integer] 10/2/2012 19:55

Powered by REDT...

[davydoo] 10/2/2012 19:24

Good summary Glasshalfull. The key to me is the £900k, which doesn't seem to be appearing yet in the tools i use to show forecasts. It should also help to address some concerns expressed on this board that growth was slowing.

[glasshalfull] 10/2/2012 16:55

Thanks for that unionhall.

I tried for a further 50k this afternoon. Broker offered stock at 11.19p but 25k at 10.80p. Took the later option.

It goes to show that MMs are holding a neutral book here. From memory 50k sold at 10.56p yesterday and by time I had opportunity today to contact broker c.29k had been bought back and therefore only c.25k left on the book.

With Seymour Pierce forecasting 1.7p EPS or £900k PTP for the current year ending next month then these look exceptional value on a PER of 6. Especially when you consider that there was £1.6 million net cash on the b/s at end of Sept 2011 and market cap is only £5.3 million.

Dividend is also forecast to yield 3% this year and then there are other business developments such as the Food Safety which are expected to add significantly.

There's a lot to like about this company.

Regards
GHF

[unionhall] 07/2/2012 14:44

BTS 2012: FCm steps up alert service
Posted Tuesday, 7 February, 2012 - 14:33 by Gary Noakes

FCm Travel Solutions has enhanced its traveller alert service in partnership with security specialist red24.

The service is free, but requires clients to opt-in as present. As well as significant world events, it will inform travellers of local issues via a daily news update segmented into regions covering Asia Pacific, Europe, Middle East and Africa, North America, Latin America and Caribbean regions. Within each region, events are graded low, medium, high or extreme.

Marketing manager Sue Robinson said the upgrade was needed because companies had an increasing focus on duty of care.

"Red24 will provide a much more comprehensive service than we can ourselves in house. It's not just about ash clouds, tsunamis or the big, big issues, but equally importantly for example, if fog closes Heathrow and you are going to miss a connection to Paris to close a deal."

FCm has alos appointed Alex Armstrong to the post of global director of sales. He joined FCm's parent company Flight Centre UK in 2000 as business development manager.

[glasshalfull] 06/2/2012 22:16

I'm in the same camp as owenski....not a trader either so don't use L2.

With a stock such as REDT I watch the trades as the MM's clearly wish to run a neutral book here and on Friday I was happy to pay a small premium to remove any overhang of stock. Worth testing online limits prior to contacting your broker with instruction or organising a Fill/Kill order if you trade on-line.

Also IMHO it is worthwhile keep a fairly extensive watchlist and acting when a share shows evidence of having a persistent seller or has been knocked by a large sale. I'm happy to take up the slack but recognise that many other investors like to see the trend change and happy to pay a higher price for this certainty.

I've bought into a number of illiquid small caps in the last 5/6 weeks and paid under mid in many cases where the shareprice has moved positively a short term later.

Few examples: -

DOTD - Prior to New Year you could pick these up at under mid (8.0p)....full offer paid by investors today at 11.5p
SAL - Few weeks back picked these up under mid (51p) and a few days later they were 70p on the offer.
ANP - Fortnight ago seller clearly active, you could buy at under mid (79p). Today buyers paying 86p
TCN - Seller in the market 3-weeks ago. Fortunately picked up quantity at 22.9p-23.1p (around mid). Today 31.5p on the offer.
GBO - Early December clearly a seller active and sentiment against anything Greek. Picked up a number at 14.8p...23.5p on the offer today.

So, basically I believe that it's best to research a number of shares in depth and then exercise a degree of patience for inevitable pull back or opportunity to load up if a seller emerges.

I hope REDT joins the above list ;-)

Regards,
GHF

Regards,
GHF

SAL - 3/4 weeks ago

[owenski] 06/2/2012 14:28

Not really a trader as such, so level 2 is of limited use to me, sometimes I look at the volumes and prices to see the state of play to help me time or confirm something, but pretty much agree with what you say davydoo. One thing though, I dont pay for anything unless I see the need or I cant do what I want without it, tend not to subscribe to anything much, lots of ways and means to get free services out there.

[davydoo] 06/2/2012 14:21

Interesting subject though, owenski, GHF, can you add anything with your own experiences?

[davydoo] 06/2/2012 14:19

Norbert, Im only an occasional user of level 2, it can help with certain trading on certain stocks, but not always, i do a lot of test trades through my online platform to 'see' the market, as its not often convenient for me to call a broker. Level 2 or not you always need to take things with a pinch of salt, I've been buying INB the past few weeks below mid, so they show up as sales, and wouldn't have appeared as the offer price on level 2

A tip about limit orders though, ask your broker whether they are actually working that order? as opposed to waiting for the bid/offer to hit your specified price as i found once with an old online broker i used. I had to really push to get a clear answer though, the average customer services operative might not know what you mean.

[norbert colon] 06/2/2012 13:45

Hi Davy

Dont have Level 2 so I am a bit of an amateur... (!) I had an order in at 10.85p which wasnt getting filled so ended up paying 10.99p. It was only a miniscule top up of circa 10000 shares (dont usually buy such small numbers due to trading costs) but had a few quid left in my broker account and wanted to take advantage of the price.

Must admit i need to get my head round Level 2 - tried a free month with ADVFN but never really had the time to study in depth. I understand the principles but help and tips welcome...! My whole portfolio is very modest at only 60k GBP hence not sure i can justify the cost of Level 2 but would welcome feedback.

Cheers

Nobby

[davydoo] 06/2/2012 09:48

Norbert were you able to buy any last week?

Im not expecting any significant movement until April's trading update, unless Seymour Pierce upgrade before that. The chairmans purchase certainly didn't which i would have expected. Perhaps too many other things have started moving in Jan and left this one behind.

If you are still waiting to buy, just watch the sells and be ready to jump, its become a bit of a pattern, and GHF took full advantage last week.

[davydoo] 03/2/2012 15:43

Looks like the cupboard is bare, couldn't even get an online quote to buy 5,000 just now, but could sell 50,000

[davydoo] 03/2/2012 15:10

Some canny trading there GHF, shows the value of patience on illiquid small caps.

It was only a month or so ago that someone paid 11.75 to get 150,000 in a single order, although with hindsight if that was the chairman or J M Brigg, then that is even more encouraging for future prospects.

[glasshalfull] 03/2/2012 13:54

Hi Norbert,

Sorry if I spoiled your opportunity in filling that order. I've been waiting in this dipping below 11p since the Chairman's purchase a few weeks back.

I've now had all my orders filled for today, and actually had to pay the full offer for the last batch of 50k....so the tap may been turned off for now?

davydoo - You are quite correct. Seymour Pierce forecast preceded the interims and still show as forecast EPS of 1.6p for the current year. I would like to hope REDT will at least achieve this.


Regards,
GHF

[norbert colon] 03/2/2012 10:33

This is already my 3rd largest holding with (highish) average buy price of around 11.5p although bought a fair few during last October around 10p. Have a small order in today - hoping to be filled soon...

I still like the great metrics and believe it to be undervalued at current prices.

Looking forward to further news. Good luck all.

Nobby

[glasshalfull] 03/2/2012 08:54

Thanks davydoo. Been watching like a hawk.
Obviously stock about, picked up a further 50k just there at a smidgen over mid.

I plan to be here for the long haul this time ;-)

Regards
GHF

[davydoo] 03/2/2012 08:39

Welcome back. i wondered whether that 50k sale might be the opportunity you were waiting for.

I haven't seen Seymour Pierce upgrade forecasts yet, so I'm expecting April to bring a very strong 'exceeding forecasts' trading statement.

[glasshalfull] 03/2/2012 08:35

Well davydoo, I'm in eventually.

Regards
GHF

[davydoo] 20/1/2012 08:38

Dividend popped up in my account this morning, thank you very much REDT.

Already invested, though chose to invest elsewhere now that the market has come alive a little in the new year.