Red24 Share Discussion Threads

[mctmct] 14/5/2015 12:19

Something up? Yes - the SP!

[battlebus2] 29/4/2015 08:29

Trying to move higher again today..

[dangersimpson2] 28/4/2015 10:17

I guess we could face some resistance in the 20p level but I actually think the company is in much better shape than when we were last at this level. It never had a particularly high rating - maybe over concerns of over-reliance on one customer - however now they have shown real resilience in returning to previous profit level despite losing that customer. Add in the likelihood of growth to that resilience and they should, in theory, trade on a higher rating than before and we should be well into the 20's.

[cheshire man] 28/4/2015 09:02

Moving in the right direction :-

[cheshire man] 27/4/2015 18:09

BRR Media UK @brr_mediauk · 35m 35 minutes ago
Interview with CEO @red24 discussing positive trading update & improving trading environment

[battlebus2] 27/4/2015 17:10

Yep i remember it well playful as that's the reason i kept a very close eye on these eventually buying at close to the bottom. Well done on holding yet again, another occasion when patience has paid off for you.

[playful] 27/4/2015 17:07

I remember disagreeing with GHF here and at the time he was proved right but I kept holding so its nice to see things back to parity for me.

[battlebus2] 27/4/2015 15:49

Moving strongly into the close, boy i wish i'd had the courage to buy more around 11p.

[cheshire man] 27/4/2015 13:13

Thanks for posting that investorschampion :-)

[battlebus2] 27/4/2015 11:35

I'll second that investorschampion!!

[battlebus2] 27/4/2015 09:47

Looks like a large buy over the odds.

[battlebus2] 27/4/2015 09:04

Also expect a positive update in Shares Mag as it's one of their 10 for 2015,
well it looks like they got this one right :))

[battlebus2] 27/4/2015 09:02

Indeed dangersimpson2, Finn Cap also agree raising their target price to 22p

[cheshire man] 27/4/2015 08:41

This is what the market was waiting to hear,,,,,,,,,:-)...IMO

"The previously anticipated adverse impact on results arising from the loss of a major client earlier in the year (as announced on 18 August 2014), was successfully mitigated as the Group worked hard to reduce costs and secure new contracts with both existing and new clients."

[dangersimpson2] 27/4/2015 08:34

Still looks cheap to me even at new recent highs. 17.5p = £8.6m market cap, £5.6m EV generating £0.8-1m profit with 100% cash conversion. Not much else in the current market with as good value metrics combined with positive trading.

[battlebus2] 27/4/2015 08:13

Funny i also like them :)) and a share price at new recent highs :))

[cheshire man] 27/4/2015 08:12

Pleased with this update,,,,,,,,I like "ahead" statements !

[battlebus2] 03/3/2015 10:13

Yes only a small amount though...

[cheshire man] 03/3/2015 09:59

Nice move up and chart looking good, a flurry of buy's this morning, wonder if we've been tipped ?

Did not know you were in here bb, good to know you see value here :-)

[anumidium] 19/2/2015 17:54

This share has a bit of a tendency to move around ahead of announcements. Will be interesting to see if something is/was up.

[battlebus2] 18/2/2015 23:23

Good to see these still recovering, getting closer to Finn caps 20p target, sorry i only bought a few.

[clarityjones] 18/2/2015 22:42

This is one of the best managed smaller companies the market. Well done to all concerned. I once had a small investment but sold out far too soon.

[mctmct] 18/2/2015 14:06

What has woken the bulls today?

[norbert colon] 11/2/2015 22:07

Interesting to note that since I first took a holding in REDT (mid 2011) the USD/ZAR exchange rate has moved from 6.8 to 11.8 a 73% move in favour of the company whose costs are primary in ZAR and revenues in US$.

Exchange rate was last here in 2002.

I was initially kicking myself for not reducing after attending the rather dour AGM but was confident the business was robust and could improve and am now glad i didn't waste my money on more trading costs.

Good luck to all.