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Share Name Share Symbol Market Type Share ISIN Share Description
Redcentric LSE:RCN London Ordinary Share GB00B7TW1V39 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.75p -1.03% 72.25p 72.00p 72.50p 72.10p 72.00p 72.10p 19,214 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 100.0 -0.5 0.3 212.5 107.75

Redcentric Share Discussion Threads

Showing 876 to 899 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
22/11/2018
16:36
"He removed the sales directors!!" Ai and installed ones that dont work... :P
mrbbd
22/11/2018
16:05
He removed the sales directors!!
fgump
22/11/2018
14:40
Market over-reaction. You dont reduce debts from £39m to £22m without selling something. Shareholders need to realise they cant cost cut their way to greatness and also understand the market they have invested in. Defenestration of the CEO.. sounds like the Sales Director needs to go as well.
mrbbd
22/11/2018
13:29
Up for sale/grabs!!
chimers
22/11/2018
10:39
looks as though the chief was sacked because the sales effort failed, was misdirected to the public sector where competition is fierce, failed to land a number of contracts and will lead to a sales shortfall this year; next year's sales may recover but margins might be further squeezed; a token dividend declared to try to placate shareholders has also failed to reassure, agree not compelling.
mw8156
22/11/2018
10:19
operating profit approx 0 on declining sales net debt 22 m Marketcap 90M not to mention last years 'accounting misstatements' ... Doesn't look very compelling to me
mister md
22/11/2018
10:08
Sheesh....this must be oversold now, no?
skara brae
06/9/2018
11:05
There is a recent AGM report on Redcentric available here: hTTps://www.sharesoc.org/members-area/ To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
sharesoc
27/4/2018
13:22
Yorkshire Post - 26/4/18: IT firm Redcentric has been selected as preferred bidder for a four-year contract for the combined Health and Social Care Network (HSCN) and Public Services Network (PSN) for the Yorkshire and Humber region that could be worth £70m. The Harrogate-based group said the framework agreement covers local authorities, emergency services, transport and health sectors. Analyst Andrew Darley at FinnCap said: "Redcentric has announced its selection as preferred bidder for a four-year contract win worth around £70m. "When signed, we believe this will be the largest contract win ever for Redcentric, and reiterates the quality of service the group provides, won in a full competitive process against industry titans. "With such a statement of confidence from the customer base, and such a scale of win, the market should now continue to appreciate the rehabilitation of the group and the positive influence of the new management team in demonstrating the quality." Redcentric said the arrangement will connect public sector organisations across Yorkshire and the Humber region, reducing costs and enabling more efficient and integrated delivery of services. A total of 65 organisations will be able to connect up to 3,000 of their sites through Redcentric, rationalise their existing infrastructure and achieve significant savings by doing so. The framework ​will be​ awarded for a period of four years and has the potential to add up to £15m to £20m of incremental revenue per year. Redcentric expects to deliver between £1m and £3m of revenue from the framework in the current financial year and expect this to increase over the life of the agreement as services are mobilised and rolled-out across the Yorkshire and Humber region. Chris Jagusz, ​c​hief ​e​xecutive of Redcentric​, said​:​ "We are proud to have been awarded this framework, it is a great example of a flexible and collaborative partnership between public and private sectors. It also demonstrates Redcentric's credentials as a trusted and reliable technology partner."
simon gordon
26/4/2018
16:26
Fantastic news today! Surprised we didn't hit at least £1... Definitely bullish in recent weeks an seems to be under the radar.
inthemix
23/4/2018
16:49
Not wanting to sound spivy, but rumours of a big contract win here. NAI, DYOR etc.
walter walcarpets
04/9/2017
09:27
Ah well.............
chimers
04/9/2017
09:19
Whoda thunk it..................apart from me I mean!!?
chimers
04/9/2017
09:18
Not really, PAST management are hence the rush to jump ship.
chimers
04/9/2017
09:07
Arent they still subject to a Fraud investigation, and rightly so imho
pomp circumstance
04/9/2017
06:46
RCN with news earnings are in line the past is behind us
nw99
04/9/2017
06:45
For CoreTX or RCN??
mrbbd
04/9/2017
06:25
Looks like another buying opportunity
nw99
01/9/2017
12:19
Fisher leaving the business is good. He has basically been on paper accused of Payroll Fraud dating back to March 2016. Look up the article on ShareProphets. He was also involved with the Calyx and CityLifeline business aquisitions. Its dodgy director deals, also involving Tony Weasel. Watch them all pop up at at CoreTX
mrbbd
16/8/2017
15:13
Bottom is in buy
nw99
16/8/2017
11:36
Sleepy board.............bodes well? Two director buys on consecutive days.
kemche
10/8/2017
09:22
Tech Market View - 10/8/17: Redcentric chief executive to resign Some would say it was just a matter of time before Fraser Fisher was forced to resign as chief executive of UK managed services provider Redcentric after the financial scandal that rocked the company late last year. An official statement reveals Fisher will leave to pursue other business interests this December after 14 years with the company, two at its helm. Redcentric’s FY17 operating loss of £3m - reflecting £5.5m of one-off charges related to the subsequent restatement of accounts and ongoing investigations by the Financial Conduct Authority (FCA) and Financial Reporting Council (FRC) - was always going to be hard to take, particularly for investors after a statutory EPS loss of 1.60p meant no dividends were paid. Fisher follows a number of other key personnel out of the door. Director, former chief executive and co-founder Tony Weaver stepped down in October shortly before news of the accounting debacle broke in November, with chief financial officer (CFO) Tim Coleman coinciding his departure with the announcement. MXC Capital resigned as Redcentric’s financial advisors shortly after. There have been calls for Fisher to go ever since, but the beleaguered CEO stuck it out in a bid to limit the subsequent damage. Whatever the eventual findings of the FCA/FRC and the opinions of Redcentric shareholders, the ongoing saga does not (yet) appear to have had a detrimental effect on the company’s performance. Redcentric has continued to win deals, including a five year £2.5m contact with healthcare provider Virgin Care, and its FY17 revenue of £104.6m was up slightly from the restated FY16 figure of £102.4m (itself revised downwards from the £109.5m originally reported). It’s difficult to know if Fisher leaves Redcentric in a better or worse state than he found it given the murkiness of its recent financial history, but whoever takes the wheel now will be hoping the worst is behind it.
simon gordon
07/8/2017
12:02
The doc expects another holding RNS from Mr Griffiths showing an increases from his previous 13%. This looks to have all the hallmark of a classic recovery play identified by Griffiths just like cmbn where he is now up over 300% I would expect him to take over 20% here in due time. His method is to occasionally attack the buy side that spikes the share upwards and then sits back and soaks out the sellers in the new price range and then rinse and repeat. I expect him to take this up towards 85-90p in the near term accumulating stock and well over 100p in the mid term
evil_doctor_facilier
04/8/2017
09:07
RCN is somewhat of an interesting play at the moment. The doc is long..
evil_doctor_facilier
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
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