Redstonecon Share Discussion Threads

[value viper] 28/8/2017 09:10

Just been on co website ; seems Helium renamed as ISPartners
Good to see Katie Potts at Herald holding some


Significant shareholders - greater than 3%

Amount

%holding

ISPartners Investment Solutions 2,166,142 10.42%
Hargreave Hale 1,846,161 8.9%
JO Hambro Capital Management 2,129,999 10.25%
Herald Investment Management 811,987 3.9%

[boonkoh] 10/8/2017 10:52

Yeah, a good sign. Tempted to top up as it's below the last placing price. I can see why it's drifted with no new news. But all it takes is a contract or two announced to get this moving back up to 150p.Mind you, the market is very much o a risk adverse mode atm so wouldn't surprise me if illiquid small caps like this go down another 5-10% in the next week or so on irrational selling.

[value viper] 10/8/2017 10:43

OK - looks like Hambro has been mopping up lots of the shares of recent
gone to 10.25 % stake up from 6.4%

[puku] 02/8/2017 11:57

bought back in at 125 p having made 40 % last year, can see no reason for hefty drop.

[value viper] 01/8/2017 09:23

12 sells already this morning !Co probably holding back any news as aware seller persists ...maybe wishful thinkingStill no Holding in co RNSAnyone selling here is taking loss I would thinkLegacy COMS holders : Helium ?I have noticed the whole of July passed without 1 bit of news; compared to other months very noticeable.I am curious ; what will co say next ?

[value viper] 26/7/2017 19:18

The stock is well bid with very little on offer ; who who keeps dripping shares out (?) and the market is happy to buy them....but for who ? Can't believe they just keeping these shares on their books.
Still we see no holding in co RNS ; guess remains legacy COMS holders still selling out.
All a bit odd. Sub 10 PE when cash stripped out by my calcs.
Some news / update might be helpful.
I do question though why directors not adding assuming they can (within the rules).

hxxps://audioboom.com/posts/5975306-mark-braund-ceo-of-redstoneconnect-plc-aim-reds

[mylands] 26/7/2017 13:23

I see that even with sales oustripping buys by 7:1 (27.5k/4k) the share price has actually risen on the offer.

[value viper] 26/7/2017 11:45

agreed mate - as a suggestion, join me on the other thread IF and WHEN the stock starts to turn ! NRI

[mylands] 26/7/2017 11:41

Let's hope your superstitions prove rewarding!

[value viper] 26/7/2017 11:36

suit yourself my friend ! - don't know why would you post on 2 threads anyway ?
you would just post on the one (be it this existing or the new one)...

maybe i'm just superstitious having had 'some' success over the years with the creation of the odd new thread

[mylands] 26/7/2017 10:47

VV

Yes I saw the new thread but was that necessary? I can't be bothered to post to two threads, so will keep on going here.

[value viper] 26/7/2017 10:34

i agree mylands - i have started up a new thread hoping it marks some improvement in the price (!) going forward

[mylands] 26/7/2017 08:32

With the share price continuing its downwards drift, it's interesting see that the max I can buy online is 1,000 shares, yet the max I can sell is 30,000!

Looks likle someone must be hoovering up the stock.

[value viper] 25/7/2017 10:30

still the sells ; of poss interest is the market prepared to pay half decent bid price
no news this month yet

[value viper] 20/7/2017 16:14

a new thread for future discussions i thought - good luck holders / and new buyers

[value viper] 20/7/2017 16:13

A new management team has rebranded and remodelled the company with fully incentivised SAYE staff on board. A recent (early May) £6.5 million fundraise at 1.5p has provided significant additional firepower for selective acquisitions. Did they need to raise that much ? Nonetheless growth markets and the valuation looks attractive imho : £2 million pretax profits for the year, stripping out the current cash places the shares on around 10 times earnings (with no or little debt, last time I looked). Assuming newsflow and deals continue to be favourable, a 15 PE would seem a more appropriate multiple for a circa 50% re-rating higher of the stock going forward as an initial projection. All IMHO.

Good luck all and please DYOR.

www.redstoneconnectplc.com

[value viper] 19/7/2017 21:19

Not sure I agree entirely with the previous comment.Institutions were obviously comfortable investing at near the market price (at the time) clearly based on the potential going forward no doubt having been pitched by the company. That is surely a very positive thing rather than demanding a discount for the funds - a big plus to REDS really. The shares have drifted lower on relatively low real volumes really and the price I believe is simply reflecting a lack of demand rightly or wrongly. The valuation looks attractive for a growth company delivering the numbers. I suppose directors could buy shares unless the company is working on another acquisition (?) which holds them back.

[parsons4] 19/7/2017 11:43

Horndean Eagle you are not wrong but it is only a temporary set back IMHO !!

[horndean eagle] 19/7/2017 11:13

Very badly handled placing. They got greedy in what they were looking for and have killed off the after market. Major shareholders hardly covering themselves in glory. they should be buying at 20% less if they actually believed in the story. Seems like they prob just took some as a favour in order to get on board stuff they really want.

[value viper] 19/7/2017 10:08

someone just keeps selling these but no Holding RNS's - it won't be those who invested at 1.5p in the fundraise. Legacy COMS people maybe still but with no buyers, we gonna struggle. Helium possibly but we would / should now if they meant to be updating mkt.
Assume co aware of the price ! Valuation very attractive imv (certainly if strip out the cash. What a 10 PE maybe.

[aishah] 18/7/2017 14:04

Club partners with best in class suppliers for new stadium

Posted on 17 July 2017 - 10:30
We are pleased to announce our latest Official Suppliers as part of our new stadium development project.

Our stadium suppliers are considered to be among the best in their industries and all will play their part in helping us create one of the finest stadiums anywhere in the world for spectators, visitors and the wider community.

Zumtobel Group has been chosen as our Official Lighting Supplier, to design and develop cutting edge intelligent lighting solutions across our new stadium, including the player facilities, internal seating bowl, concourses, premium areas and the extensive glass facade that will wrap around the outside of the venue.

As our Official Stadium Cabling Infrastructure Installer, Redstone will install all the passive cabling infrastructure to support the technology systems, which will play a key role in helping us create one of the most technologically advanced stadia around.

GKR Scaffolding is a specialist in large scale construction projects and, having provided the scaffolding as part of the demolition of White Hart Lane during the past two summers, has now come on board as our Official Scaffolding Supplier for the new stadium project.

Matthew Collecott, Director of Operations, said: "We are delighted to welcome all of these key suppliers as part of the stadium development project. We want to create one of the most unique and compelling venues around and by selecting suppliers that are leaders in their field, we can be confident that they will deliver to the levels that we demand in order to realise that vision."

hxxp://www.tottenhamhotspur.com/news/club/new-stadium/club-partners-with-best-in-class-suppliers-for-new-stadium-170717/

[chimers] 18/7/2017 08:20

Elephants dont gallop................neither do crippled DONKEYS.

Knackers yard becons.

[value viper] 18/7/2017 08:17

come on REDS !!; big fundraise @ 1.5p 2 months ago now nearly 20% lower based on bid price ; needs something concrete to brings some appetite back to the stock.
Happy to be patient but can't deny annoyed with current price (as will be all who stumped up at 1.5p)

[haywards26] 13/7/2017 20:46

I topped up again here today..