Redcentric Share Discussion Threads

[swizz] 24/4/2013 10:49

Yes, thanks marben100 and no worries, good luck with the thread..Cheers S

[soundbuy] 24/4/2013 10:41

Will be keeping an eye.......good luck with thread

[marben100] 24/4/2013 10:31

OK swizz, will have a go at that later. Do you mean a comparison between Redstone & Redcentric's SPs?

This is my first ADVFN thread, so please be patient!

[swizz] 24/4/2013 10:25

Hello marben100, perhaps a comparison share price flow with Redstone?.....GL S

[marben100] 24/4/2013 10:07

Redcentric has been admitted to AIM today, 24th April 2013.

It is a managed network services business, demerged from Redstone (AIM:RED). The demerger took place following Redstone's acquisition of Maxima, giving Redstone critical mass in the sector.

In my opinion, this is a much more attractive and exciting business than the "rump" Redstone business, with 65% recurring revenues and a targetted 20% EBITDA margin, before central costs, on admission (see first day of dealings announcement, below). Managed network services (aka "cloud services") is an attractive and growing IT subsector.

Website:

AIM Rule 26, including AIM Admission Document:


You can follow me on Twitter @marben100