Redcentric Share Discussion Threads

[carpadium] 26/2/2016 16:59

Back to a good old Friday performance :~)

[twonky] 23/2/2016 16:56

Thanks :-)

[twonky] 23/2/2016 15:30

hxxp://www.yorkshirepost.co.uk/news/just-three-years-old-redcentric-is-already-on-acquisition-trail-1-7743605

[tebbin] 11/2/2016 12:18

Obviously being held back by " bots " with their small trades...

[russell250] 10/2/2016 15:00

I agree re debt - the expectation was reduced debt by full yr - I have not seen any significant new contracts recently - we know reoccurring revenues are excellent but is only significant growth through high cost takeovers

[twonky] 07/2/2016 13:04

I think a lot will depend on how the company is managing to reduce the net bank debt of GBP16.5m (31 March 2015: GBP4.8m).

With another acquisition will the debt increase? I think this will play a role in whether the share can break through £2 in the near future. All will become clearer in March.

[carpadium] 04/2/2016 18:39

Yesterday finncap re-iterated their 245p target, Numis meanwhile retain 220p.

[essential] 01/2/2016 18:34

Bought back into else first thing - looking very strong technically

[carpadium] 30/1/2016 16:31

Six weeks roughly to pre-close trading update.

[russell250] 30/1/2016 10:44

redcentric - very little trading updates - the takeover yesterday looks a good long term view but the issue at half year was debt growth - where is forward guidance now with cashflow debt reduction and recurring revenues - I hold 102.5 k of shares hoping for upside of 250p in 6months but be good to have revenue update?

[sharw] 29/1/2016 15:12

Carpadium - thanks for the link although looking at

makes me wonder why they sold!

[carpadium] 29/1/2016 08:49

Looks an excellent acquisition.

[andrewbaker] 21/1/2016 13:22

It wouldn't break its longer term up-trendline until it dropped back below 165p., and that's without the current market turmoil; so I'm not concerned about the price fall. It's the marker, not the share. Selling after a fall, it's always going to be hard getting back in at a good price, so probably better to hold in this case. And, topping up may not be a bad idea either.

[hutch_pod] 18/1/2016 15:31

Good tactic webclick.

Yes, after rereading everything, i felt more like topping up then selling out. Although on balance i did nothing. :)

[webclick99] 18/1/2016 14:54

I've stayed in as well. In these situations I always go back and read the last results update.

According to Sharepad, both Finncap and N+1 Singer re-iterated Buy with target price of 245 and 204 on the 14th/15th Jan.

This is my second worst performing stock today, so seems to have been singled out for some unknown reason. XD is only worth 1.5p. Other XD stocks not impacted like this

Pre close trading update isn't due until March. Am hanging in there

[carpadium] 18/1/2016 14:54

Recurring revenue aside, there's surprisingly been no contract win worthy of RNS made so far in H2.

[stonesfan] 18/1/2016 14:20

I baled. At the low, I expect!

[hutch_pod] 18/1/2016 13:06

nope, I stayed in..

[nhb001] 18/1/2016 12:53

Lots of small sells today. I topped up. Probably dangerous in this turbulent market but he who dares wins as Rodney Trotter used to say. Anyone bale out today?

[gargleblaster] 18/12/2015 21:05

Should come right Davros - fast growth, low peg, high visability, good recurring revenue, and Mark Slater is a fan. Could be a good time to add imv.

[davr0s] 18/12/2015 19:21

Well this has predictably flatlined since I purchased 2 months ago. Quite tempted to add with the divi coming early next year

[cockerhoop] 01/12/2015 12:09

MXCP results today. Interesting to see if any of their unquoted investments are heading to RCN or CTP (at an appropriate markup of course :-))

[woodcutter] 01/12/2015 11:59

price has held up well to some large institutional sales recently.

woody