Share Name Share Symbol Market Type Share ISIN Share Description
Redstonecon LSE:REDS London Ordinary Share GB00BYWN0F98 ORD SHS 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 95.50p 94.00p 97.00p 95.50p 95.50p 95.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 47.6 1.5 7.7 12.4 19.85

Redstonecon Share Discussion Threads

Showing 1626 to 1647 of 1650 messages
Chat Pages: 66  65  64  63  62  61  60  59  58  57  56  55  Older
DateSubjectAuthorDiscuss
09/7/2018
13:06
now 99.30 to buy 96 to sell
timmy11
22/6/2018
15:50
something going on lots of big buys
timmy11
21/6/2018
17:04
Trading well below net cash.
weatherman
21/6/2018
15:47
I think the disposal was the best way to kick MB out as he was too slow to pursue growth.
338
21/6/2018
15:43
Enjoying your "DIP" lads ? IDS.
chimers
21/6/2018
09:22
I think you need to see your accountant and bank manager .......I'm guessing they urgently need to see you!!! DOWN AGAIN!!
chimers
21/6/2018
05:18
Wow Chimers you really do have a problem. I think you should see a shrink !!!!
parsons4
20/6/2018
22:01
I don't think MB has many shares ? ; infact most of the directors from what I can see have sweet FA physically which isn't impressive. i suspect options though but perhaps MB's will lapse when he leaves the co ? agree with comments that the cash will need to be spent / saved intelligently.
value viper
20/6/2018
14:52
What will MB do with millions of REDS shares he bought in the past? Also, how about share save/incentive plan for most of employees who work in the subsidiary that got dispossed? There could be too many shares to be sold in the market from now on?
338
20/6/2018
13:21
Chimers you really are a FOOL !!! The company has say £17m of cash, a business with a circa £4m T/O looking to develop further a software company on very high margins. It is too cheap IMHO GLA
parsons4
20/6/2018
12:48
buy the dip?
sadim1
20/6/2018
11:21
Looks like the business they sold has taken the cash in the business and left them with the debt.
spooky
20/6/2018
11:07
Spooky Agree that co had net cash of £1.2m at end Jan. But from the 29 May release on the disposal, particularly the second para of the section “Financial Effects of the Disposal and Use of Proceeds” - gives the relevant figures as of the 23 May. This is what I have used - obviously DYOR.
jane deer
20/6/2018
10:55
jane deer, your post has me a little confused. The company had net cash at the year end. Cash minus bank loans and overdrafts, leaves you with net cash of 1217.
spooky
20/6/2018
10:27
BN I don’t think your figure of £20 million is correct. £15-17 million is the figure that I am using. My calculation: company received £19.6m in cash from disposal - in May had £0.4 of cash but also had debt outstanding of £4.3m of debt (which is being repaid following the disposal - other than a £450,000 3year mortgage). So the net cash position as of now should be a touch over £15 million. On top of this should be added the upto £2 m it should receive on the completion of the outstanding project mentioned in the release (but there are also indemnities). But if everything goes to plan net cash would be >£17 million. There is quite a difference between the net cash position at the end of FY18 and the net debt position prior to the deal closing. Generally the company has in the past shown poor conversion of profits into cash. Still whatever the correct cash amount to use and what value is given to the remaining software business (invested capital looks around £4m) - the key for me for this stock is do you believe the current management will invest wisely the cash.
jane deer
18/6/2018
15:50
Back at £1 I notice. Hey wasn't it consolidated at £1.50 Gosh...............what went wrong!!
chimers
18/6/2018
15:47
Good to see you Chimers. Not much else to do I see?
bignads
18/6/2018
15:46
You wont have £20m in the bank for long!! It will be in someone else's bank :)
chimers
18/6/2018
15:12
Completion of sale now confirmed. The company now has around £20m in the bank, great products in a growing market and a strong leadership team.
bignads
15/6/2018
14:37
He wont work with DB .....guess what yer buying lol
chimers
15/6/2018
14:31
Thanks Jane Deer - that's helpful. Ironic MB didn't feel like he had the software skills given that he was at IBM for so long...!
bignads
15/6/2018
14:24
thanks for the clarification jane deer - much appreciated
gleach23
Chat Pages: 66  65  64  63  62  61  60  59  58  57  56  55  Older
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